The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), GCC Energy Drinks Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
GCC Energy Drinks Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, GCC Energy Drinks Market is projected to grow at a CAGR of around 2.17% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.
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What is Included in GCC Energy Drinks Market Segmentation?
The report has segmented the market into the following categories:
By Flavour
– Flavoured
– Unflavoured
By Sugar Content
– Sugar-Free
– Non Sugar-Free
By Target Consumer
– Teenagers
– Adults
– Geriatric Population
By Product Type
– Hypertonic
– Isotonic
– Hypotonic
Among all, Hypertonic Drinks are anticipated to dominate the market in the historical years due to the low concentration of artificial sugar present in the drink as a result of the increasing consciousness among the residents.
By Packaging
– Metal cans
– Bottles (PET /Glass) & Others
By Distribution Channel
– Supermarket & Hypermarkets
– Convenience store
– Online Retail
– Others
By Country
– The UAE
– Saudi Arabia
– Oman
– Kuwait
– Bahrain
– Qatar
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Key Factor Driver GCC Energy Drinks Industry Growth by 2030
Rising Population of Expatriates & Tourists – The rising population of expatriates & tourists has been contributing to the growing demand for energy drinks during the historical period. Several countries, including Saudi Arabia and the UAE, have hosted international conferences and events, which have contributed to the influx of tourists. Hence, restaurants & general stores have been stocking up on these drinks for tourists’ consumption.
Additionally, the ban on alcoholic drinks in the GCC region has further augmented the need for these drinks as a beverage consumption in commercial places like restaurants, cafes, etc. Therefore, an increasing number of tourists & expatriates is expected to drive demand for these drinks during the forecast period.
Who are the Key Players Operating in the GCC Energy Drinks Industry?
The top companies of the GCC Energy Drinks market ruling the industry are:
- Monster Beverage Corporation
- Red Bull GmbH
- Power Horse Energy Drinks GmbH
- Pokka Corporation
- Energy Beverages LLC
- Dubai Star Food LLC
- Mayar Bison
- Pepsi Energy Co. (Rockstar Brand)
- Alesayi beverages corporation (Code Red)
- MBG Group (Effect)
- Boom Boom Energy Drink
- Others
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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the GCC Energy Drinks Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the GCC Energy Drinks industry?
- Which is the Leading segment in the market?
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