Saudi Arabia Energy Drink Market Grow with a CAGR of 3.37% through 2030F
The Saudi Arabia Energy Drink market is driven by rising health awareness,
busy lifestyles, increasing disposable incomes, targeted marketing, and
government support for sports activities.
According to
TechSci Research report, “Saudi Arabia Energy Drink Market – By Region,
Competition, Forecast & Opportunities, 2030F”, the Saudi Arabia Energy Drink market stood at USD 398.41
Million in 2024 and is anticipated to grow USD 486.11 Million by 2030 with a
CAGR 3.37% during forecast period. The Saudi Arabia Energy Drink market is
driven by urbanization and changing lifestyles. As more people migrate to urban
areas, the pace of daily life has accelerated, increasing the demand for
convenient and quick energy solutions. This shift has led to longer working
hours, busier schedules, and greater involvement in fitness and recreational
activities, all of which contribute to a growing reliance on functional
beverages like energy drinks. Urban consumers, particularly the younger
demographic, are more exposed to global trends and seek products that align
with their active, on-the-go routines. The availability of energy drinks in
urban retail outlets, cafes, and convenience stores further supports
consumption, reinforcing the positive impact of urbanization on market growth.
The Saudi Arabia
Energy Drink market is propelled by the government's strategic focus on sports
initiatives under Vision 2030. This comprehensive plan aims to diversify the
economy and promote a vibrant society by investing heavily in sports
infrastructure, hosting international events, and encouraging mass
participation in physical activities. The development of world-class facilities
and the organization of high-profile sporting events have not only elevated the
Kingdom's global sports presence but also stimulated domestic interest in
active lifestyles. As a result, there is an increasing demand for functional
beverages like energy drinks that cater to the needs of athletes and fitness
enthusiasts. The government's commitment to fostering a health-conscious
culture and enhancing the quality of life for its citizens continues to drive
the expansion of the energy drink market in Saudi Arabia.
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"Saudi Arabia Energy Drink Market”
The Saudi Arabia
Energy Drink market is segmented into type, target consumer, distribution
channel, and region.
Based on the distribution
channel, the non-store-based segment is the fastest growing in the Saudi Arabia
Energy Drink market, driven by consumers' increasing preference for
convenience, allowing them to shop from home and access a broader range of
products. E-commerce platforms like Noon and Amazon have expanded their energy
drink offerings, providing features such as fast delivery, easy returns, and
exclusive discounts, enhancing the online shopping experience. The Kingdom's
high smartphone penetration and fast internet connectivity further facilitate
this trend, especially among tech-savvy younger consumers. Also, urbanization
and hectic work schedules make online shopping an attractive option for busy
individuals seeking quick energy solutions. As a result, the non-store-based
segment is poised to continue its upward trajectory, reshaping the distribution
landscape of energy drinks in Saudi Arabia.
Based on the
region, Eastern is the fastest-growing region in the Saudi Arabia Energy Drink
market, propelled by its youthful population, economic vitality, and active
lifestyle culture. Home to major cities like Dammam, Khobar, and Jubail, the
region boasts a significant concentration of young professionals and students
who are increasingly inclined towards energy-boosting beverages to complement
their dynamic routines. The province's robust industrial and commercial sectors
contribute to a fast-paced lifestyle, further driving the demand for convenient
energy solutions. Also, the Eastern Province's emphasis on health and fitness,
evident through the proliferation of gyms and sports facilities, aligns with
the growing consumer preference for functional beverages. The region's
well-developed retail infrastructure ensures easy accessibility to a wide range
of energy drink products, catering to diverse consumer tastes and preferences.
This confluence of demographic, economic, and lifestyle factors positions the
Eastern Province as a pivotal area for growth within Saudi Arabia's energy
drink industry.
Major companies
operating in the Saudi Arabia Energy Drink market are:
- PepsiCo,
Inc.
- Monster Energy Company
- Taisho Pharmaceutical Holdings Co., Ltd
- Amway Corporation
- Nestle S.A.
- Coca-Cola HBC AG
- Monarch Beverages
- Hell Energy
- Celsius
- Zoa Energy, LLC
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“The Saudi
Arabia Energy Drink market is expected to grow in the future propelled
by a consumer shift towards functional beverages that offer health benefits
beyond basic hydration. This trend is driven by increasing health
consciousness, urbanization, and lifestyle changes among the population.
Consumers are seeking energy drinks fortified with vitamins, minerals, and
natural ingredients to support their active lifestyles and wellness goals. The
demand for sugar-free and low-calorie options is also rising, aligning with
global health trends. Manufacturers are responding by innovating with
clean-label formulations and functional ingredients to meet these evolving
preferences, said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
"Saudi Arabia Energy
Drink Market By Type (Organic, Non Organic, Natural), By Target Consumers (Teenagers,
Adults, Geriatric Population), By Distribution Channel (Store-Based, Non-Store
Based), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of Saudi
Arabia Energy Drink market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in the Saudi Arabia
Energy Drink market.
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