Energy Drink Market In Cambodia

Cambodia last year accounted for 24 percent of the overseas sales of bacchus an energy drink marketed by south korea s dong a st korea it times reported monday.

Energy drink market in cambodia.

Nevertheless we expect consumers to maintain their focus onessentials in 2020 particularly food and non alcoholic drink products as levels of uncertainty remain high among consumers due toreduced incomes being furloughed and the potential for. Energy drinks market scope. Energy drinks market revenue by product type 2014 2025 usd billion energy beverages consumption has turned into a status symbol especially for the youth. The company which focuses on beauty and health products in the thai market will expand into the energy drink sector in cambodia with its iceberg energy drink which falls somewhere between a.

Consumption of alcohol mixed with these energy beverages is quite popular in urban areas. Such consumer behavior type is expected to drive further the overall demand. 11 12 expert panels medical associations and regulatory agencies however have continued to note their concern about adverse effects among young people. The global energy drinks market is forecasted to grow with a cagr of 7 1 during the forecast period 2020 2025.

3 13 14 data on the adverse effects of energy drink consumption derive from a variety of sources including. By the year s end the company expects it would sell 100 million cans of bacchus about eight cans per. Cambodia laos and myanmar food drink q4 2020. The global energy drinks market was valued at us xx x mn in 2018 and is projected to increase significantly at a cagr of x x from 2019 to 2028.

This change has been brought by an increasing consumer focus on fitness and health. In 2018 north america dominated the global market. Energy drinks market size is expected to grow at a cagr of 7 20 to reach 86 01 billion by 2026. Energy drinks have transitioned from being a niche product to one of the fastest growing products in the drinks market.

The global energy drinks market is segmented on the basis of type application and geography. Supermarket a chart 2 soft drinks. By type the market is segmented into general energy drinks and energy shots. Soft drinks in cambodia executive summary country insight socioeconomic trends logistics infrastructure chart 1 soft drinks.

Volume 2014 2019 table 2 off trade vs on trade sales of soft drinks rtd by channel. Aug 04 2020 usd 1 415. The energy drink industry has maintained the safety of energy drink consumption.