LONDON--(BUSINESS WIRE)--Technavio has been monitoring the energy drinks market in Latin America and it is poised to grow by USD 2.43 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions:
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Based on segmentation by product, which is the leading segment in the market?
Sparkling energy drinks.
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What are the major trends in the market?
Improving disposable income and consumer expenditure due to rising urbanization.
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At what rate is the market projected to grow?
The market is projected to grow at a CAGR of over 7% during 2020-2024.
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Who are the top players in the market?
AJE, Ambev SA, Globalbev Bebidas e Alimentos SA, Grupo Petropolis, Monster Energy Co., PepsiCo Inc., Quala SA, Red Bull GmbH, Rocky Mountain High Brands Inc., and The Coca Cola Co. are the top players in the market.
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What are the key market drivers and challenges?
Strengthening distribution networks and collaborations are expected to drive the growth of the market. However, the negative health effects associated with the consumption of energy drinks might hamper market growth.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AJE, Ambev SA, Globalbev Bebidas e Alimentos SA, Grupo Petropolis, Monster Energy Co., PepsiCo Inc., Quala SA, Red Bull GmbH, Rocky Mountain High Brands Inc., and The Coca Cola Co. are some of the major market participants. Although the Strengthening distribution network and collaborations will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Energy Drinks Market in Latin America 2020-2024: Segmentation
Energy Drinks Market in Latin America is segmented as below:
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Product
- Sparkling Energy Drinks
- Still Energy Drinks
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Geography
- Brazil
- Mexico
- Peru
- Rest Of Latin America
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Energy Drinks Market in Latin America 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The energy drinks market in Latin America report covers the following areas:
- Energy Drinks Market in Latin America Size
- Energy Drinks Market in Latin America Trends
- Energy Drinks Market in Latin America Industry Analysis
This study identifies improving disposable income and consumer expenditure due to rising urbanization as one of the prime reasons driving the Energy Drinks Market in Latin America growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Energy Drinks Market in Latin America 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist energy drinks market in Latin America growth during the next five years
- Estimation of the energy drinks market in Latin America size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the energy drinks market in Latin America
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of energy drinks market in Latin America vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Sparkling energy drinks - Market size and forecast 2019-2024
- Still energy drinks - Market size and forecast 2019-2024
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- Brazil - Market size and forecast 2019-2024
- Mexico - Market size and forecast 2019-2024
- Peru - Market size and forecast 2019-2024
- Rest of Latin America - Market size and forecast 2019-2024
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- AJE
- Ambev SA
- Globalbev Bebidas e Alimentos SA
- Grupo Petropolis
- Monster Energy Co.
- PepsiCo Inc.
- Quala SA
- Red Bull GmbH
- Rocky Mountain High Brands Inc.
- The Coca Cola Co.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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