Market Insights Consumer Non-Alcoholic Drinks Soft Drinks

Energy & Sports Drinks - Worldwide

Worldwide

In 2023, the Energy & Sports Drinks market in Worldwide generated a substantial revenue of €181.5bn.
According to market projections, this segment is anticipated to grow annually by 6.13% from 2023 to 2027 (CAGR 2023-2027).
When comparing the global market, in the United States stands out as the largest revenue generator, with a projected revenue of €101,200m in 2023.
In terms of per capita revenue, each person in Worldwide is estimated to contribute €23.63 to the Energy & Sports Drinks market in 2023.
Looking ahead to 2027, the volume of the Energy & Sports Drinks market is expected to reach 30.5bn L.
Additionally, a growth rate of 2.6% is predicted for the segment in 2024.
On an individual level, the average volume per person in the Energy & Sports Drinks market is projected to be 3.59L in 2023.
Worldwide, energy drink consumption continues to rise, with countries like the United States leading the market in terms of sales and innovation.

Key regions: Europe, Philippines, Singapore, United States, Vietnam

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Región

Comparación de regiones

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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on total consumer spending on Non-Alcoholic Drinks, which comprises all private household spending on Non-Alcoholic Drinks including at-home, out-of-home, as well as online and offline spendings.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending (e.g. consumer spending on Non-Alcoholic Drinks, consumer spending at Hotels, Restaurants etc.), and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Non-Alcoholic Drinks market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.