India Energy Drink Market
India’s energy drink market was valued at USD 3663.7 million in 2017 and is expected to register a CAGR of 4.5% during the forecast period, (2018-2023)
India Energy Drink Market Dynamics
Energy drinks are widely consumed by adolescents as the products claim to improve performance, endurance and alertness. Increased urbanization, rising disposable income and growing health consciousness among the Indian youth has increased the demand for non-carbonated drinks. At the same time, long and erratic working hours and the trends of social gatherings are driving Indian consumers towards the consumption of energy drinks, which are primarily classified as non-alcoholic, caffeinated beverages. However, health concerns regarding high sugar content restrict growth, which also serves as an opportunity for manufacturers to use innovative ingredients and products.
India Energy Drink Market Segmentation
Canned and bottled energy drinks hold a major market share in India. These products are sold in supermarkets, hypermarkets, and vending machines. Energy drinks with caffeine are high in demand since they help consumers regain energy and increase their stamina. The major ingredients used in energy drinks are caffeine, amino acids, vitamins and sugar.
Key Players in the Indian Energy Drink Market
India is one of the fastest developing consumer markets. Currently, the energy drinks market in India is dominated by multinational brands like Red Bull GmbH, leading the market with an off-trade value share of 69% during 2013. The other players in the market include Coca-Cola, PepsiCo, Monster Beverage, Spitz KG, Krungsiam Beverage, JK Ansell, KG Functional Beverages, Hector Beverages, Heinz India, Bisleri, Vedantika Herbals, Dabur, Goldwin Healthcare and XXX Energy Drinks.
Reasons to Purchase this Report
Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major market players
3 months analyst support along with the Market Estimate sheet in excel.
Customization of the Report
Value chain analysis
Volume of the India energy drink market
Consumer behavior analysis in country level