China Energy Drinks Market Outlook

Synopsis
The above chart is China Energy Drinks Market Outlook (2018 to 2032)

Market Dynamics

The demand for china’s energy drinks market has seen a steady surge and is expected to continue in the coming years. this can be attributed to the growing awareness among health-conscious youth about the benefits of energy drinks. increasing health consciousness coupled with rising lifestyle and disposable income of the middle-class population is luring them to consume vitamin-rich drinks. furthermore, rising trends of sport competitions and esports tournaments are further driving the demand for energy drinks among gen-y. the market for energy drinks is highly competitive in china with local products competing with international brands. the major players in the market include he sheng gao, meter energy group, and cofco group. among these, he sheng gao has a major market share in china’s energy drink market. the enterprise sources raw materials including various varieties of tea leaves, mushrooms, and caffeine from across the world making its beverages rich in natural nutrition. moreover, its carbonated drinks packed in cans also contain vitamin c, underscoring its focus on health benefits. column coconut, a newly launched coconut-based energy drink, is one of the latest entrants into the chinese market and is gradually gaining appeal among the consumers. its low-calorie, natural and refreshing taste are said to be some of its highlighted features. for many years, traditional chinese drinks enjoyed a monopoly in the china energy drinks market, but with the entry of international brands, consumption patterns of the consumers have changed leading to the emergence of new varieties and flavors. however, the popularity of energy drinks has been indirectly restrained by the government’s crackdown on excessive caffeine levels. for instance, many energy drinks sales were put under the spotlight in 2019 due to the high levels of caffeine in its contents. as such, the stringent regulations brought in by the chinese government pose a major threat and restrain the growth of energy drink demand in the market. overall, the demand for energy drinks in china are expected to continue to rise in the years to come, with an estimated cagr of over 8%, from 2018 to 2032. the surge in demand could be attributed to the rise in health consciousness coupled with increase in disposable income per capita. additionally, increasing focus of the chinese market on international brands and enhanced outreach of marketing campaigns have also been contributing to the upsurge in demand.