MarkNtel Advisors recently published a detailed industry analysis of the Saudi Arabia Energy Drinks Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Insights and Analysis of the Saudi Arabia Energy Drinks Market (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.
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What is driving the Saudi Arabia Energy Drinks Market?
Inclination of Individuals Towards Fitness & Sports-Based Activities Due to Increasing Obesity Disorder– In Saudi Arabia, the number of fitness enthusiasts has been constantly rising, many individuals have adopted a healthy fitness regime and have included extensive workouts in their regular practice. This has been mainly attributed to the rising instances of obesity and its related disorders among consumers across the country. Hence, the consumption of energy drinks improved among consumers adopting fitness activities, as these individuals have to maintain an optimal level of energy to perform the workout.
Further, in the coming years as well, more individuals are expected to switch to a healthy lifestyle and are expected to adopt workouts & different forms of exercise. This would be mainly to curb the obesity & lifestyle-related health issues which are highly prevalent in the country.
· For instance, in 2023, the Global Obesity Observatory stated that nearly 60% of the country’s adult population is either obese or overweight.
Hence, this would boost the consumption of energy drinks like Code Red, Monster, etc., and would lead to the growth of the Saudi Arabia Energy Drinks Market during 2023-2028.
What segments define the Saudi Arabia Energy Drinks market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
By Product Type
(Hypertonic, Isotonic, Hypotonic),
By Flavor,
(Flavored , Unflavored),
By Sugar Content,
(Sugar-Free, Non Sugar-Free),
By Target Consumer,
(Teenagers, Adults, Geriatric Population),
By Packaging,
(Metal Cans, Bottles (PET /Glass) & Others),
By Distribution Channel,
(Offline Channel, (Hypermarket/ Supermarket, Convenience Stores), Online Channel),
By Region,
(Central, East, West, South)
Explore the Complete Saudi Arabia Energy Drinks Market Analysis Report – https://www.marknteladvisors.com/research-library/saudi-arabia-energy-drinks-market.html
Who are the leading key players shaping the Saudi Arabia Energy Drinks Market landscape?
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.
Questions Addressed in this Study
1.What factors are driving the Saudi Arabia Energy Drinks Market growth?
2.How is the Saudi Arabia Energy Drinks Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Saudi Arabia Energy Drinks Market?
4.What is the current size of the Saudi Arabia Energy Drinks Market, and how is it projected to change in the future?
6.What is the future outlook for the Saudi Arabia Energy Drinks Market in terms of technological advancements and market expansion?
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