Top Companies in the Energy Drinks Industry

Top Companies in the Energy Drinks Industry

The global energy drinks market reached a value of US$ 45.4 Billion in 2023. Energy drinks are beverages with high levels of stimulant ingredients, such as caffeine and guarana, as well as sugar, taurine, ginseng, and vitamins. They offer numerous advantages, such as providing instant energy, reducing fatigue, repairing muscle, and improving concentration and overall athletic performance.

As per the analysis by IMARC Group, the top companies in the energy drink industry are making extensive investments in product innovations to improve the overall quality of the drink. There has been a shift from aerated drinks toward energy drinks due to the growing health consciousness among the masses and their altering taste preferences. This, in turn, has prompted manufacturers to introduce low-calorie product variants containing all-natural and organic ingredients that are fortified with vitamins, whey, minerals, and soy proteins. They are also launching new flavors, such as blueberry, strawberry limeade, white grape, passion fruit, and pomegranate, to expand their product portfolio. Another trend that is being adopted by manufacturers is the incorporation of yerba mate, ginseng, and green tea that consist of antioxidant and polyphenol content to make energy drinks healthier, further creating a positive outlook for the market.

Moreover, the advent of modern food technologies and innovations in packaging, such as the launch of smart sensors, to monitor the quality and safety of the product, including freshness, leakage, pathogens, carbon dioxide (CO2), oxygen, temperature, shelf-life, and pH levels are supporting the market growth. In line with this, the integration of Internet of Things (IoT) solutions has allowed key players to gain higher visibility over manufacturing, production, and the entire supply chain processing through continuous surveillance of transportation conditions. Besides this, the widespread adoption of flexible bag-in-box and pouch packaging with aseptic technology helps keep energy drinks safe, stable, fresh, and preservation free while eliminating the need for refrigeration is positively impacting the market growth. Furthermore, market players are branding their products by increasingly investing in celebrity endorsements and promotional activities to attract a large consumer base across the globe, which is acting as another growth-inducing factor. Looking forward, IMARC Group expects the market value to reach US$ 77.4 Billion by 2032, growing at a CAGR of 5.9% during the forecast period (2024-2032).

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List of Top Energy Drinks Companies Across the World:

Amway Corporation

Headquarters: Michigan, United States

Amway is a multi-level marketing (MLM) company that offers nutrition supplements, beauty, bath and body, home, jewellery, food and beverages, fragrances, and other products. In 2015, Amway acquired XS Energy, California-based energy drinks and snacks brand. The infusion expanded Amway’s emergence in the energy drink segment and advanced its strategy to reach the younger population. Driven by innovation, the company offers unique energy drinks that are specially designed to deliver additional energy.

Arizona Beverage Company

New York, United States

Arizona beverage is a family-owned consumer goods company that produces and supplies non-alcoholic beverages. The company offers diet beverages, organic teas, juice blends, tea bags, tea mix products, energy drinks, water, coconut water, and fruit smoothies. Amongst these, the energy drinks are manufactured using natural juices obtained from fruits and are commonly available in regular and low-carb variants, both of which come in an aluminum can decorated with street-art style and a crown to represent Arizona's Brooklyn roots.

Campbell Soup Company

Headquarters: New Jersey, United States

Campbell Soup Company is engaged in the manufacturing and marketing of convenience food products, such as soups, broths, stock products, cookies, crackers, biscuits, energy drinks, baked products, sauces, refrigerated and salad dressings, dips, and snacks. It widely merchandises and sells products through mass merchandisers, club stores, dollar stores, retail food chains, and non-commercial establishments. Campbell markets products under several brands such as:

  • Pepperidge Farm
  • Campbell’s
  • Spaghettios
  • Chunky
  • Late July
  • Kettle
  • Swanson
  • Emerald
  • Pop Secret
  • Cape Cod
  • V8
  • Snyder’s-Lance
  • Snyder’s of Hanover
  • Pace, Prego
  • GoldFish

Amongst these, V8 sells energy drinks that are made using a variety of vegetables while making sure the need for energy and hydration.

Bundled, LLC

Headquarters: Groningen, Netherlands

Bundled is an esports company that focuses on supervising exporters, organizing esports events, and managing social media content and other sports-related activities. Through its brand, it has created a platform for companies to promote their products and services. In 2019, Iconix Brand Group gave the main sponsor of its energy drink business unit to Bundled esports which primarily works with athletes. Iconix produces functional beverages that contain extra ingredients to provide instant energy with low carbohydrates, high proteins, and less sugar.

Metta Beverage Inc.,

Washington United States

Metta is a natural awareness beverage that is manufactured using natural herbs and flavoring to provide increased energy. It is formulated with adaptogens to boost the body's natural ability to adapt to stress and improve mental and physical performance without side effects. Metta beverages produce energy drinks that are free of caffeine, refined sugar, or anything artificial.

Monster Beverage Corporation

Headquarters: California, United States

Monster beverage company develops, markets, sells and distributes alternative beverages, including lemonades, energy drinks, juice cocktails, sports drinks, non-carbonated ready-to-drink (RTD) items, fruit juices, and coffee. The different brands under which these beverages are sold include:

  • Monster Energy
  • Hansen's
  • Monster Rehab
  • Hansen's Natural Cane Soda
  • Monster Energy Extra Strength Nitrous Technology
  • Junior Juice
  • Java Monster
  • Blue Sky
  • Muscle Monster
  • Hubert's, Punch Monster
  • Peace Tea
  • Juice Monster

National Beverage Corp.

Headquarters: Florida, United States

National Beverage Corp. is a holding company for subsidiaries that markets, manufactures, and distributes a full line of beverage products. It covers a distinctive portfolio of juice, sparkling water, energy drinks, and flavored carbonated soft drinks. Some of the brands:

  • Umbrella includes LaCroix Curate
  • Rip It energy drinks
  • Everfresh Premier Varietals
  • Mr.Pure Juice

The company distributes its products nationwide in creative designs, innovative packaging, and imaginative flavors.

PepsiCo, Inc.

Headquarters: New York, United States

PepsiCo, Inc. provides carbonated soft drinks and other non-alcoholic beverages. The company delivers its products directly to stores without using wholesalers or other intermediaries. It manufactures, sells, and distributes its products to chain food stores, supercenters, chain drug stores, club stores, military bases, small shops, and food service businesses. The company is launching a ready-to-drink energy beverage called Baya through the North American Coffee Partnership, its nearly 30-year-old joint venture with Starbucks.

Red Bull GmbH

Headquarters: Fuschl, Austria

Red Bull GmbH focuses on the production and marketing of energy and sugar-free drinks. It also offers special edition drinks, which are available in watermelon, tropical, and acai berry flavors. The company’s products are targeted at athletes, students, and working professionals.

Suntory Holdings Limited

Headquarters: Tokyo, Japan

Suntory Holdings Limited is an alcoholic and non-alcoholic beverage company that produces soft drinks, bottled water, sports drinks, fruit drinks, tea beverages, and more. They also produce whiskeys, bottled beer, spirits, wines, and other alcoholic drinks. The company offers a wide range of products under various brand names, including:

  • Yamazaki and Hibiki
  • The Premium Malt's beer
  • Spirits Jim Beam
  • aMaker's Mark
  • BOSS coffee
  • Iyemon tea
  • Suntory Tennensui water
  • Orangina
  • Lucozade
  • Ribena
  •  V and TEA+

Taisho Pharmaceutical Co. Ltd.

Headquarters: Tokyo, Japan

Taisho Pharmaceutical Co., Ltd. manufactures medical drugs. The company mainly produces and sells general cold medicines, allergies, over-the-counter (OTC) drugs, functional food, and energy drinks. The company has launched Japan’s first caffeine-free energy drink containing the botanical ingredient, enXtra, which has been clinically proven to improve alertness and focus with or without caffeine.

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects in the energy drinks industry, which has enabled clients to set up and expand their businesses successfully. 

Some of the company's offerings include:   

  • Market Research    
  • Plant setup    
  • Plant Expansion    
  • Marketing and sales     
  • Procurement and Distribution    
  • Innovation and Product Development    

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