Saudi Arabia Energy Drinks Market Comprehensive Analysis and Forecast 2023 to 2028
Saudi Arabia Energy Drinks Market Overview: 2023-2028
Base Year: 2022
Historical Years: 2018-21
Forecast Years: 2023-2028
The Saudi Arabia Energy Drinks Market size is valued at USD 426 million in 2022 & is estimated to grow at a CAGR of around 4.93% during the forecast period, i.e., 2023-28. The Saudi Arabia Energy Drinks Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.
Markntel Advisor’s Saudi Arabia Energy Drinks Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Saudi Arabia Energy Drinks Market drivers, barriers, Saudi Arabia Energy Drinks Market Trends, and Key Players in Saudi Arabia Energy Drinks Market.
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Saudi Arabia Energy Drinks Market Dynamics: 2023-2028
Saudi Arabia Energy Drinks Market Trend:
Flavored Energy Drinks Gaining Traction in Saudi Arabia - In Saudi Arabia, companies have been focusing on introducing energy drinks with various flavors in recent years, and consumers have been found to be highly inclined toward ones that suit their local taste. Being a country with rich culinary traditions, the consumers have been largely preferring unique flavors of energy drinks that have been launched recently. Further, companies like Red Bull, Monster Energy, etc., launched their exciting flavors of energy drinks, which were highly appreciated among consumers during the past few years. For instance,
In 2023, Monster Energy, launched Monster Juiced Aussie Lemonade and Monster Ultra Rosa to bring an exciting new flavor to the energy drinks category.
Moreover, as flavor inclusion has been a widely accepted trend that has proved to enhance sales, the companies would further try to bring unique flavors to their energy drink range. Thus, flavor inclusion would help in the growth of the Saudi Arabia Energy Drinks Market in the upcoming years as well.
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Saudi Arabia Energy Drinks Market (2023-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Product Type
-Hypertonic
-Isotonic
-Hypotonic
By Flavor
-Flavored- Market Size & Forecast 2018-2028F, USD Million
-Unflavored- Market Size & Forecast 2018-2028F, USD Million
By Sugar Content
-Sugar-Free- Market Size & Forecast 2018-2028F, USD Million
-Non Sugar-Free- Market Size & Forecast 2018-2028F, USD Million
By Target Consumer
-Teenagers- Market Size & Forecast 2018-2028F, USD Million
-Adults- Market Size & Forecast 2018-2028F, USD Million
-Geriatric Population- Market Size & Forecast 2018-2028F, USD Million
By Packaging
-Metal Cans- Market Size & Forecast 2018-2028F, USD Million
-Bottles (PET /Glass) & Others- Market Size & Forecast 2018-2028F, USD Million
By Distribution Channel
-Offline Channel
-Hypermarket/ Supermarket- Market Size & Forecast 2018-2028F, USD Million
-Convenience Stores- Market Size & Forecast 2018-2028F, USD Million
-Online Channel- Market Size & Forecast 2018-2028F, USD Million
By Region
-Central
-East
-West
-South.
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the Saudi Arabia Energy Drinks Market:
ALJSR Global Co., Monster Beverage Corp., Redbull GmbH, Spitz GesmbH, Agro Food & Beverage, Torgini Gahansson Maggic House, Coca-Cola Company, Pepsi Energy Co., Alesayi Beverage Corporation (Code Red), Abuljadayel Beverages Industries Llc., Health Water Bottling Co., Others.
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