Asia-Pacific Energy Drink Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

The Asia-Pacific Energy Drink Market is segmented by Product Type (Drinks, Shots, and Mixers), Distribution Channel (Supermarkets/Hypermarkets, Food Services, Online Retail, Specialist Stores, and Others Distribution Channels), and Geography (India, China, Japan, Australia, and Rest of Asia-Pacific). The report offers the market size in value terms in USD for all the abovementioned segments.

Asia-Pacific Energy Drink Market Size

Asia-Pacific Energy Drink Market Summary
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Study Period 2018 - 2028
Base Year For Estimation 2022
Forecast Data Period 2023 - 2028
Historical Data Period 2018 - 2021
CAGR 8.46 %
Market Concentration High

Major Players


*Disclaimer: Major Players sorted in no particular order


Need a report that reflects how COVID-19 has impacted this market and its growth?

Asia-Pacific Energy Drink Market Analysis

The Asia-Pacific Energy Drink Market size is estimated at USD 16.23 billion in 2023, and is expected to reach USD 24.35 billion by 2028, growing at a CAGR of 8.46% during the forecast period (2023-2028).

The governments in the region have proactively responded to the situation to control the spread of COVID-19 through proper awareness, and efforts have been made to provide staples to all sections of the society in these disturbing times. This factor has rescued the energy drinks market from a huge crash. Thus, the market witnessed a surge in demand for products that provide immunity. Wunderman Thompson South Asia found that 94% of respondents from 32 cities in 15 states claimed that everyone in their home needed an immunity boost. The e-commerce platform Snapdeal claimed that a third of its users were buying safety and immunity-focused food and products.

Increased urbanization, rising disposable income, and growing health consciousness among consumers contribute to the rising demand for non-carbonated drinks across the Asia-Pacific market. Adolescents widely consume energy drinks due to their claims to improve performance, endurance, and alertness. At the same time, long and erratic working hours and the increasing occurrence of social gatherings are driving consumers toward the consumption of energy drinks.

Moreover, energy drinks with lower sugar content and natural ingredients are set to boom and continue to attract a greater number of health and wellness concentric consumers' attention. For example, brands containing natural ingredients extracted from products such as coffee beans are expected to propel in the region. The energy drinks market is also projected to grow due to an increase in the promotional and advertisement strategies by various manufacturers operating in the market. However, strict regulations set by governments in various countries in the region may hinder the growth of the market studied.

Asia-Pacific Energy Drink Market Trends

Growing Consumer Inclination Toward Low Sugar Beverages

The growing demand for low-sugar energy drinks is an increasing health concern among consumers. The high sugar content in traditional energy drinks has been linked to several health issues, including obesity, diabetes, and heart disease. Due to the high prevalence of diabetes in the region, consumers are becoming more aware of the importance of a healthy diet and an active lifestyle. For instance, according to GOQii, 13.2% Indian population was diabetic last year. Owing to the rising health concerns and the increasing measures to prevent the occurrence of lifestyle diseases, consumers are opting for low-calorie, low-sugar, or sugar-free dietary patterns in foods and beverages. Consumers prefer natural sweeteners, such as stevia, in their beverages. Companies like PepsiCo Inc. and Coca-Cola are committed to removing artificial ingredients and reducing the sugar content in their products.

Moreover, changes in consumer preferences for reduced or no-sugar products directed beverage manufacturers toward product innovation. These manufacturers are developing a range of novel products to meet the accelerating demand for such products, as consumers are actively trying to avoid consuming sugary drinks to prevent the harmful effects of excessive sugar intake. A similar approach was followed by energy drinks companies like Red Bull, which expanded its product portfolio to cater to the demands of health-conscious consumers. For instance, in July 2022, Coca-Cola India introduced low, zero-sugar variants of its sparkling brands.

Asia-Pacific Energy Drink Market: Asia Pacific Energy Drink Market: Share of Diabetic People, By Age Group, India, 2022

China Holds the Largest Market Share

The demand for functional beverages is gradually increasing in China. However, especially energy drinks, which already make up most of the functional beverages, are growing rapidly. This is due to factors such as rapid urbanization that have been in the process of converting a large population into urban dwellers. The rising income and disposable income levels and constant improvement of living standards of people in the country have resulted in modernized, busier lifestyles, which is one of the primary drivers of the increase in demand. Canned and bottled energy drinks are now sold in all retail outlets in China, from supermarkets and hypermarkets to convenience stores and online, thereby boosting the sales of the products in the country. Additionally, increasing advertisement and promotional activities influence the demand for energy drinks from different consumer groups. Social media has become very influential in purchasing behavior of Chinese consumers. Hence, the increasing promotions, including advertisements for energy drinks on various media channels, are gaining customers' attention in the country.

Market players are also experimenting with natural ingredients within their portfolios to meet the energy, taste, and size requirements of the ever-evolving consumers in the country. Brands are coming up with new flavors to compete with existing competition. Thus all such factors are anticipated to support the demand and consumption of energy drinks in the Chinese market over the coming years. Moreover, major players such as 5-Hour Energy and PepsiCo Inc. are continuously focusing on product innovation and expansion strategies to further boost the growth of the energy drinks market in China. For instance, the original inventor of the Red Bull brand accelerated its presence in China with an investment of USD 150 million.

Asia-Pacific Energy Drink Market: Energy Drink Market: Estimated Number of People with Diabetes Mellitus, In Millions, China, 2019-2045

Asia-Pacific Energy Drink Industry Overview

Energy drink players in the Asia-Pacific region have started to increase their levels of marketing and advertising activities to maintain consumer demand for the beverages. The Asia-Pacific energy drink market is a consolidated market with a significant share held by leading players like Red Bull GmbH, Dali Foods Group, PepsiCo Inc., Osotspa Public, Company Limited, LT Group Inc., Carabao, and Tawandang Co. Ltd. Energy drinks claim a major market share, especially among the young population in Asian countries. The use of natural ingredients in energy drinks and the growth in new varieties and types of energy drinks are the primary drivers for the growth in the market. In addition, energy drinks are increasingly being used as mixers for alcoholic beverages. This trend is more commonly observed among the younger population in the age group of 18-34 years.

Asia-Pacific Energy Drink Market Leaders

  1. Red Bull GmbH

  2. PepsiCo Inc.

  3. Fuijan Dali Group Co., Ltd.

  4. Osotspa Public Company Limited

  5. LT Group Inc

*Disclaimer: Major Players sorted in no particular order

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Asia-Pacific Energy Drink Market News

  • Feb 2022: Red Bull India launched the new Red Edition with a refreshing taste of watermelon, making it a perfect on-the-go drink.
  • Feb 2022: PepsiCo India's energy drink Sting launched a new campaign that extends its 'Energy Bole Toh Sting' tagline in a new television commercial featuring brand ambassador Akshay Kumar. This campaign broadens the brand's reach, attracts youth, and encourages audiences.
  • Jun 2021: Osotspa announced the launch of Lipo-fine, an energy drink created especially for women.
  • Mar 2021: PepsiCo introduced a line of energy drinks called Mtn Dew Rise Energy, targeted at morning consumers. The drink was promoted by NBA superstar LeBron James.

APAC Energy Drink Market Report - Table of Contents


    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study




    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry


    1. 5.1 By Product Type

      1. 5.1.1 Drinks

      2. 5.1.2 Shots

      3. 5.1.3 Mixers

    2. 5.2 By Distribution Channel

      1. 5.2.1 Supermarkets/Hypermarkets

      2. 5.2.2 Food Services

      3. 5.2.3 Online Retail

      4. 5.2.4 Specialist Stores

      5. 5.2.5 Other Distribution Channels

    3. 5.3 By Geography

      1. 5.3.1 India

      2. 5.3.2 China

      3. 5.3.3 Japan

      4. 5.3.4 Australia

      5. 5.3.5 Rest of Asia-Pacific


    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Tan Hiep Phat Group

      2. 6.3.2 Dali Foods Group

      3. 6.3.3 Osotspa Public Company Limited

      4. 6.3.4 PepsiCo Inc

      5. 6.3.5 Monster Beverage Corporation

      6. 6.3.6 Red Bull GmbH

      7. 6.3.7 The Coca-Cola Company

      8. 6.3.8 Carabao Tawandang Co. Ltd

      9. 6.3.9 5-Hour Energy

      10. 6.3.10 Globe Group

      11. 6.3.11 LT Group Inc.

      12. 6.3.12 Otsuka Holdings

    4. *List Not Exhaustive

**Subject to Availability

Asia-Pacific Energy Drink Industry Segmentation

An energy drink is a type of drink containing stimulant compounds, usually caffeine, which is marketed as providing mental and physical stimulation.

The Asia-Pacific Energy Drink Market is segmented by Product Type (Drinks, Shots, and Mixers), Distribution Channel (Supermarkets/Hypermarkets, Food Services, Online Retail, Specialist Stores, and Others Distribution Channels), and Geography (India, China, Japan, Australia, and Rest of Asia-Pacific). The market sizing has been done in value terms in USD for all the abovementioned segments.

By Product Type
By Distribution Channel
Food Services
Online Retail
Specialist Stores
Other Distribution Channels
By Geography
Rest of Asia-Pacific

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APAC Energy Drink Market Research FAQs

The Asia-Pacific Energy Drink Market is studied from 2018 - 2028.

The Asia-Pacific Energy Drink Market is growing at a CAGR of 8.46% over the next 5 years.

The Asia-Pacific Energy Drink Market is valued at 24 Billion USD in 2028.

Red Bull GmbH, PepsiCo Inc., Fuijan Dali Group Co., Ltd., Osotspa Public Company Limited, LT Group Inc are the major companies operating in Asia-Pacific Energy Drink Market.

Asia-Pacific Energy Drink Industry Report

Statistics for the 2023 Asia-Pacific Energy Drink market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Energy Drink analysis includes a market forecast outlook to for 2023 to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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