GCC Energy Drinks Market Witness Highest Growth at a CAGR of 2.17% by 2030

A Quick Overview of GCC Energy Drinks Market

The key object of this report on the GCC Energy Drinks Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.

MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the GCC Energy Drinks Market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.

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GCC Energy Drinks Market Scenario:

The GCC Energy Drinks Market is projected to grow at a CAGR of around 2.17% during the forecast period, i.e., 2024-30. The beverages containing stimulant compounds, mostly caffeine, which provide mental & physical stimulation are termed as energy drinks. The increasing adoption of these drinks among teenagers & adults to boost their mental awareness & reduce fatigue is a key factor leading to a surge in the sales of energy drinks. The rising initiatives of the government of the UAE & Saudi Arabia, among others, to ban the consumption of alcohol in public spaces such as malls, stadiums, etc., led to the rising adoption of these drinks among the residents due to the presence of high caffeine content in the drink.

GCC Energy Drinks Market - Industry Dynamics, Size, And Opportunity Forecast To 2030:

Market Driver - Rising Population of Expatriates & Tourists

The rising population of expatriates & tourists has been contributing to the growing demand for energy drinks during the historical period. Several countries, including Saudi Arabia and the UAE, have hosted international conferences and events, which have contributed to the influx of tourists. Hence, restaurants & general stores have been stocking up on these drinks for tourists’ consumption.

Additionally, the ban on alcoholic drinks in the GCC region has further augmented the need for these drinks as a beverage consumption in commercial places like restaurants, cafes, etc. Therefore, an increasing number of tourists & expatriates is expected to drive demand for these drinks during the forecast period.

GCC Energy Drinks Market Segmentation Analysis:

GCC Energy Drinks Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided into the following categories:

By Flavour

Flavoured
Unflavoured

By Sugar Content

Sugar-Free
Non Sugar-Free

By Target Consumer

Teenagers
Adults
Geriatric Population

By Product Type

Hypertonic
Isotonic
Hypotonic

By Packaging

Metal cans
Bottles (PET /Glass) & Others

By Distribution Channel

Supermarket & Hypermarkets
Convenience store
Online Retail
Others

By Country

The UAE
Saudi Arabia
Oman
Kuwait
Bahrain
Qatar.

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Who are the Key Market Players in the GCC Energy Drinks Market?

In the fast-changing GCC Energy Drinks Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top companies of the GCC Energy Drinks market ruling the industry are:

List of Key Companies Profiled:

Monster Beverage Corporation
Red Bull GmbH
Power Horse Energy Drinks GmbH
Pokka Corporation
Energy Beverages LLC
Dubai Star Food LLC
Mayar Bison
Pepsi Energy Co. (Rockstar Brand)
Alesayi beverages corporation (Code Red)
MBG Group (Effect)
Boom Boom Energy Drink
Others.

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