The global caffeinated beverage marketsize is expected to reach USD 321.40 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to expand at a CAGR of 6.81% from 2019 to 2025. Rising demand for energy drinks and Ready-to-Drink (RTD) beverages is the key factor driving the market growth.
Moreover, rising income levels and improved standards of living in emerging regions, such as China and India, are anticipated to have a positive impact on the market growth. In addition, rapidly expanding e-commerce sector provides numerous growth opportunities to the market. North America is anticipated to be the largest regional market due to high demand for RTD beverages.
Moreover, companies in the region are introducing newer products and flavors, which will boost the demand further. The market in Asia Pacific region is estimated to expand at a CAGR of 8.12% over the forecast period. Key companies in this market focus on M&A, online sales, and expanding geographical reach and production capacity to gain a greater market share.
Caffeinated Beverage Market Report Highlights
• The carbonated soft drinks product segment is projected to account for the largest market share by 2025. However, energy drinks segment will expand at the fastest CAGR during the forecast period
• The offline distribution channel led the global market in 2018. Online channel is estimated to be the fastest-growing segment from 2019 to 2025
• North America was the dominant regional caffeinated beverage market in 2018 and is projected to expand further at a steady CAGR from 2019 to 2025.
• Some of the prominent companies include Dr Pepper Snapple Group; Monster Energy Company; Nestlé SA; PepsiCo, Inc.; and Red Bull GmbH.
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Caffeinated Beverage Market Segmentation
Grand View Research has segmented the global caffeinated beverage market on the basis of product, distribution channel, and region:
Caffeinated Beverage Product Outlook (Revenue, USD Billion, 2015 – 2025)
• Carbonated Soft Drinks
• Energy Drinks
• RTD Tea & Coffee
Caffeinated Beverage Distribution Channel Outlook (Revenue, USD Billion, 2015 – 2025)
Caffeinated Beverage Regional Outlook (Revenue, USD Billion, 2015 – 2025)
• North America
• The U.S.
• The U.K.
• Asia Pacific
• Central and South America
• Middle East & Africa
• Saudi Arabia
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About Grand View Research
Grand View Research is a U.S. & India-based market research and consultancy firm. It is headquartered in San Francisco. We provide business insights, syndicated research reports, and customized research reports to large as well as small and medium-scale enterprises. Our database features thousands of statistics and in-depth analyses on more than 45 industries. Grand View Research’s extensive database is used by Fortune 500 companies to understand the regional as well as the global business environment.
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