This statistic illustrates the consumers of energy drinks in the United States. As of September 2024, ** percent of 18 - 29 year old consumers do so in the U.S. This is according to exclusive results from the Consumer Insights Global survey which shows that ** percent of 30 - 49 year old customers also fall into this category.Statista Consumer Insights offer you all results of our exclusive Statista surveys, based on more than ********* interviews.
The popular energy drink Red Bull sold 12.7 billion cans in 2024 worldwide, up from just over four billion cans in 2011. Red Bull in the U.S. Red Bull is one of the most popular energy drinks in the United States, controlling about 37.4 percent of the market. In 2023, Red Bull energy drinks generated sales of over 1.7 billion U.S. dollars. Energy Drink Consumption Energy drinks are great for boosting energy and keeping awake. Many contain large amounts of caffeine, as well Taurine and B-vitamins. A survey of American consumers found that among those who consume energy drinks, about half drink them several times a week, and a quarter drink them on a daily or almost daily basis. Perhaps to stave off post-lunch drowsiness, the most popular time to drink energy drinks is between 2:00 and 4:00 in the afternoon.
In 2023, United States sales of Red Bull energy drinks amounted to approximately **** billion U.S. dollars for the 13 weeks ended on December 12, 2023. Energy drinks Energy drinks are a type of drink that are created to stimulate energy in consumers. They contain high amounts of sugar and caffeine, which can be harmful if consumed in excess. Energy drinks are banned in several areas of the world and are occasionally age restricted. Energy drinks are frequently consumed on college campuses to help students stay awake for long nights of studying and homework. It is also often used as a mixer in alcoholic drinks. Despite energy drinks having the reputation as a college student’s drink, it is the 30 to 49 year old age group that consumes the **** amount of energy drinks regularly. Red Bull Red Bull was first introduced in 1987, by Austrian company Red Bull GmbH. They are the ******* energy drink brand in the United States, as of 2023. Their unit sales have been steadily increasing since 2015. They currently have about 20 flavors available. Not only is Red Bull an energy drink, they also own Formula One teams such as Red Bull Racing and Scuderia Toro Rosso, and soccer clubs such as RB Leipzig, and New York Red Bulls.
This statistic shows the share of Americans who drank Red Bull in the past 4 weeks in 2018, by age. In that year, ***** percent of respondents aged 18 to 29 years stated that they drank Red Bull within 4 weeks.
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Energy drink producers have expanded robustly through the end of 2024, outperforming most other packaged beverage production industries. Beverage producers have benefited from boosted per capita disposable incomes, which has allowed consumers to steadily purchase industry goods, particularly as impulse purchases at convenience stores. However, health concerns regarding the safety of consuming energy drinks have deflated previous surges in demand for these products. Through the end of 2024, energy drink manufacturers saw an expansion in demand for their products, even during COVID-19. Specifically, revenue shot up an estimated 13.1% in 2020, because of a boost in energy drink consumption by consumers who felt more stress from e-exams, social isolation and other pandemic-related challenges during the time. Energy drink producer revenue will expand 0.8% in 2024 and will surge at a CAGR of 10.7% through the end of 2024 to reach an estimated $21.6 billion in 2024. Energy drink manufacturers continue to benefit from the expanding penetration of energy drinks among the general population. New product formats, like energy shots and drink mixes, as well as new flavors, have appealed to different consumer groups, allowing these manufacturers to expand market reach and support profit. Also, producers have used targeted advertising to strengthen consumer loyalty to their brands and reach new consumer segments. Profit will account for approximately 17.5% of industry revenue in 2024. Through the end of 2029, energy drink manufacturers will continue strengthening, albeit at a slower rate than the current period. These producers will likely benefit from dropping demand for soda as consumers seek to replace it with alternative beverages. That's why manufacturers will introduce a larger variety of all-natural and organic energy drinks, appealing to consumers wary of the potential negative health consequences associated with artificial ingredients. More energy drink producers will continue to market brands to specific consumer groups and introduce new products, driving up the general population's acceptance of energy drinks. Revenue will inch up at a CAGR of 1.9% over the next five years to reach an estimated $23.7 billion in 2029.
This ranking shows the leading energy drink brands in the United States in 2024, based on sales. In that year, the leading energy drink brand in the United States was ********, based on generated sales of about **** billion U.S. dollars. Energy drinksEnergy drinks belong to the non-alcoholic beverage category. They are defined as functional beverages which aim to boost both mental and physical energy. As stimulants, most drinks contain caffeine, taurine, vitamins and some kind of sweetener.Teens and young adults perceive energy drinks as being performance enhancers. Since hitting the market, energy drinks have been discussed heavily in the press regarding potential health risks, especially if consumed by children. The high amount of caffeine in energy drinks is suspected to cause the heart to race and blood pressure to rise, which may lead to elevated heart risks.In the U.S. retail landscape, Red Bull was ranked as the ******* energy brand in 2024, based on sales. The brand is owned by Red Bull Company, which is headquartered in Fuschl am See in Austria. In mid-2014, Red Bull was subject in the press regarding its marketing slogan ‘Red Bull gives you wings’, which the firm has been using for about two decades. Some disappointed U.S. consumers claimed that the functional beverage didn’t give them wings and didn’t help them to enhance their performance or alertness. They filed an U.S. class action lawsuit that accused the company of misleading and false advertising claims. Red Bull has agreed to reimburse class members who have purchased the energy drink brand during the last 12 years.
Sports And Energy Drinks Market Size 2024-2028
The sports and energy drinks market size is forecast to increase by USD 106.7 billion at a CAGR of 13.52% between 2023 and 2028.
The market is experiencing significant growth, driven by increasing consumer preferences for functional beverages and the rising number of health and wellness conscious consumers, particularly among millennials. This demographic is fueling market expansion with their active lifestyles and demand for convenient, on-the-go beverage solutions. Additionally, the market is benefiting from the trend toward more functional drinks, as consumers seek alternatives to traditional sugary drinks. However, challenges persist, including growing concerns over obesity and the potential health risks associated with excessive consumption of these beverages. Companies operating in this market must navigate these challenges by offering healthier options, transparent labeling, and effective marketing strategies to capitalize on the market's opportunities. Overall, the market presents significant growth potential for businesses that can effectively address consumer demands and navigate regulatory and health concerns.
What will be the Size of the Market during the forecast period?
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The market encompasses a diverse range of functional beverages designed to enhance physical performance and provide energy boosts. These beverages, which include sports drinks fortified with electrolytes and energy drinks containing caffeine and organic sugar, have gained significant popularity among consumers seeking to optimize their health and fitness routines. Market size is substantial, with sales continuing to grow due to increasing consumer awareness and demand for convenient, on-the-go hydration solutions. Key market trends include the rise of B2C enterprises and ecommerce platforms, enabling easy access to these products for consumers worldwide. Additionally, international institutions and trade associations are driving research and development efforts to create innovative, functional beverages catering to various dietary preferences, such as keto, paleo, and plant-based diets.
Vitamins and minerals are increasingly incorporated into these beverages, further expanding their appeal to health-conscious consumers. Overall, the market is a dynamic and evolving industry, poised for continued growth and innovation.
How is this Sports And Energy Drinks Industry segmented?
The sports and energy drinks industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Type
Organic
Non-organic
Product
Energy drinks
Sport drinks
Geography
APAC
China
Japan
North America
US
Europe
Germany
UK
South America
Middle East and Africa
By Type Insights
The organic segment is estimated to witness significant growth during the forecast period. The organic segment of the market is experiencing growth due to increasing consumer preference for natural and organic products. Brands like Runa Organic and Aura Organic offer organic sports and energy drinks that adhere to specific organic certification standards. The demand for these beverages is driven by consumers' heightened awareness of the potential health and environmental benefits associated with organic products. The organic segment of the market has seen consistent growth in recent years, as consumers prioritize natural and organic options.
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The organic segment was valued at USD 53.20 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in Asia Pacific (APAC) is experiencing growth due to increasing demand in emerging economies like India and China. Canned and bottled sports and energy drinks are becoming increasingly popular in the region. In 2022, China held the largest market share in APAC, driven by a high consumer preference for these beverages. Key companies in China include Red Bull, Coca-Cola, and Suntory. To expand their reach in APAC, manufacturers are investing in marketing and promotion. For instance, Coca-Cola launched single-serve bottles in India and Indonesia in 2019 to cater to budget-conscious consumers. Energy drinks, electrolytes, and functional beverages are popular categories in the market, with many containing caffeine, sugar, vitamins
In 2024, Red Bull had an estimated brand value of ***** billion euros. The energy drink manufacturer remained Austria’s most valuable brand by a wide margin. Red Bull experiences an upwind Red Bull is a functional energy drink produced by Austrian beverage giant Red Bull GmbH. The drink that is known for its catchy advertising slogan has dominated the global energy drink market for decades, and in 2023, a record over ** billion cans were sold around the world. Red Bull ranked fourth among the most valuable soft drink brands worldwide, outperforming household names such as Nespresso or Yili. Moreover, Red Bull’s annual revenue peaked at ***** billion euros in that year, and to keep not only the drink but also the brand name on everyone’s lips, Red Bull vividly promotes extreme sports and motorsport events. Energy drinks are all the hype Energy drinks are beverages that aim to boost mental and physical energy and enhance overall performance. They usually contain caffeine, taurine, vitamins, and some form of sweetener – a combination that resonates with millions of consumers worldwide. In 2023, Red Bull maintained its spot as the leading energy drink brand in the United States, but looking at the most recent sales data, Monster Energy is becoming an increasingly viable competitor.
This statistic shows the preferred energy drink brands among consumers in the United States in 2016, by gender. During the survey, ** percent of female respondents named Red Bull as their preferred energy drink brand.
This statistic presents the revenue of Red Bull worldwide from 2011 to 2024. In 2024, the company's global revenue amounted to about ***** billion euros worldwide. Red Bull was the ******* energy drink brand in the United States. Red BullRed Bull GmbH operates in the beverage segment and is especially known for its famous energy drink Red Bull. The company was founded in 1987 and is currently headquartered in Fuschl am See in Austria, close to Salzburg. The company operates in more than 166 countries around the world.The energy drink Red Bull is a functional drink containing caffeine, taurine, B-Group vitamins, sucrose and glucose, and water. In addition to the traditional Red Bull, the company has ‘Red Bull Sugarfree’, Red Bull Total Zero and ‘Red Bull Red, Silver and Blue Edition’ in its portfolio. The drinks are sold in cans holding 8.4 fluid ounces (250ml).Besides producing and selling beverages, the beverage company is highly known for their engagement in sponsoring extreme sports and motor sports. In 2013, the Red Bull Racing Team won the fourth consecutive Formula One Constructor’s Championship.In mid 2014, Red Bull was subject in the press regarding its advertising slogan ‘Red Bull gives you wings’, which the firm has been using since about two decades. Some disappointed U.S. consumers claimed that the functional beverage didn’t give them wings and didn’t help them to increase their performance or reaction speed. They filed a U.S. class action lawsuit that accused the company of misleading and false advertising claims. Red Bull has agreed to reimburse class members who have bought Red Bull during the last 12 years.
This statistic shows the results of a survey conducted from January to June 2016 among 6,000 adult Americans on their preferred energy drink brand. The results shown here only depict the distribution among respondents who are energy drink consumers, sorted by gender. During the survey, 19.5 percent of male purchasers/users stated their preferred energy drink brand is Red Bull; 16.2 percent of female purchasers/users said the same.
This statistic shows the preferred energy drink brands among consumers in the United States in 2016, by race or ethnicity. During the survey, ** percent of Asian respondents named Red Bull as their preferred energy drink brand.
From the selected regions, the ranking by combined volume per capita in the 'Energy & Sports Drinks' segment of the non-alcoholic drinks market is led by the United States with 29.17 litres and is followed by the United Kingdom (13.02 litres). In contrast, the ranking is trailed by Russia with 0.29 litres, recording a difference of 28.88 litres to the United States. Find other insights concerning similar markets and segments, such as a ranking of subsegments in Denmark regarding revenue in the Non-Alcoholic Drinks market as a whole and a ranking by country regarding revenue in the orange juice segment of the non-alcoholic drinks market. The Statista Market Insights cover a broad range of additional markets.
This statistic shows the energy drink brands consumed in the United States in 2016, by race or ethnicity. During the survey, 45 percent of American Indian or Alaskan Native respondents answered that they usually consume Red Bull.
United Kingdom is one of the biggest energy drink markets worldwide. In 2023, the per capita consumption of energy drinks in the UK was second only to that in the U.S. worldwide. So, which energy drink brands are popular in the UK? As of July 2024, Red Bull is the most well-known energy drink in the United Kingdom with a brand awareness of 94%. Following closely behind are two different brands, namely Monster and Lucozade Energy, as both are recognized by 88 percent of online respondents in the UK. For this study, brand awareness was surveyed employing the concept of aided brand recognition, showing respondents both the brand's logo and the written brand name. Interested in more detailed results covering all brands of this ranking and many more? Explore Consumer Insights Brand Profiles. These statistics show results of the Brand KPI survey.
Retail sales of sports and energy drinks in Canada were forecast to reach around **** billion U.S. dollars in 2022, an increase of around *** billion U.S. dollars in sales since 2017. Within this category, the highest selling type of drink in 2022 is forecast to be fortified or functional energy drinks, with sales expected to amount to around *** million U.S. dollars. What is the difference between sports and energy drinks? The main purpose of sports drinks is to hydrate consumers by replacing water and electrolytes which may have been lost during and/or after physical activity. In contrast, energy drinks are any beverage which contains stimulant compounds such as caffeine, sugar or vitamins. They are generally marketed as being able to enhance mental and physical stimulation and boost energy levels. Well-known international energy drink brands Red Bull is likely to be a brand which comes to mind when thinking about energy drinks. Their worldwide revenue reached around *** billion euros in 2017, with Turkey leading the pack when it came to sales growth in that year. Monster Beverage Corporation is another leading player in the global energy drinks market. Their net sales totaled **** billion U.S. dollars worldwide in 2017.
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This statistic illustrates the consumers of energy drinks in the United States. As of September 2024, ** percent of 18 - 29 year old consumers do so in the U.S. This is according to exclusive results from the Consumer Insights Global survey which shows that ** percent of 30 - 49 year old customers also fall into this category.Statista Consumer Insights offer you all results of our exclusive Statista surveys, based on more than ********* interviews.