The GCC Energy Drinks Market size is projected to grow at a CAGR of around 2.17% during the forecast period, i.e., 2024-30. According to MarkNtel Advisors Study.
GCC Energy Drinks 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.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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GCC Energy Drinks Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- 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
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Monster Beverage Corporation, Red Bull GmbH, Power Horse Energy Drinkss 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 Drinks, Others looking forward to strengthening their market positions.
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