Market Size of China Energy Drinks Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.22 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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China Energy Drink Market Analysis
China's energy drink market is expected to register a CAGR of 5.22% during the forecast period.
- Energy drinks are rising in popularity in China, especially among young consumers, due to their claims of improving performance, endurance, and alertness. At the same time, long and erratic working hours and the increasing occurrence of social gatherings drive consumers toward consuming energy drinks in China.
- Consumers greatly prefer energy drinks with lower sugar content and natural ingredients amid rising health consciousness. 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.
