Market Size of UK Energy Drinks Industry
Study Period | 2018 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2018 - 2022 |
CAGR | 4.50 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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UK Energy Drink Market Analysis
The United Kingdom's energy drink market is projected to register a CAGR of 4.5% over the next five years.
Increased urbanization, rising disposable income, and growing consumer health consciousness contribute to the rising demand for non-carbonated drinks across the United Kingdom's market. Adolescents widely consume energy drinks due to their claims of improving performance, endurance, and alertness. At the same time, long and erratic working hours and the increasing occurrence of social gatherings drive consumers toward energy drinks.
Moreover, rising health-conscious consumers, growing consumer awareness regarding active lifestyles, and rising rates of lifestyle diseases have inspired health-oriented consumers to prefer healthy and sugar-free drinks. Energy drinks with lower sugar content and natural ingredients are set to boom and continue attracting the attention of a more significant number of health and wellness-concentric consumers. The energy drinks market is also projected to grow due to the increased promotional and advertisement strategies. As consumers who perform sports and physical activities daily, manufacturers focus on introducing sports-related energy drinks in the market. Additionally, the companies have been collaborating with sports clubs and tournaments and strengthening their presence on social media platforms, like Twitter, Facebook, and Instagram, among others, to garner consumer attention, promote their portfolio of offerings, and increase the visibility of their brand. For instance, in February 2021, the United Kingdom and Ireland's longest-standing esports tournament, the ESL Premiership, partnered with Beyond NRG, an emerging energy drink brand manufactured in the South East of the United Kingdom, with a focus on providing tangible benefits to competitive play.
UK Energy Drink Industry Segmentation
An energy drink is a mixture of stimulating compounds, usually caffeine, marketed as providing mental and physical stimulation. The United Kingdom's energy drink market is segmented by packaging type, product type, and distribution channels. Based on packaging type, the market is segmented into cans and pet bottles. Based on product type, the market is segmented into drinks, shots, and mixers. Based on the distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, specialty stores, online retail stores, and other distribution channels. The report offers market size and forecast value (USD million) for all the above segments.
By Packaging Type | |
Can | |
PET Bottle |
By Product Type | |
Drinks | |
Shots | |
Mixers |
By Distribution Channel | |
Supermarkets/Hypermarkets | |
Convenience Stores | |
Specalist Stores | |
Online Retail Stores | |
Other Distribution Channels |
UK Energy Drinks Market Size Summary
The United Kingdom's energy drink market is experiencing a steady growth trajectory, driven by factors such as increased urbanization, rising disposable incomes, and a growing awareness of health and wellness among consumers. The demand for non-carbonated drinks is on the rise, particularly among adolescents who are drawn to energy drinks for their purported benefits in enhancing performance, endurance, and alertness. The market is further bolstered by the trend of long working hours and social gatherings, which encourage the consumption of energy drinks. Health-conscious consumers are increasingly favoring products with lower sugar content and natural ingredients, prompting manufacturers to innovate and introduce healthier options. The market is also benefiting from strategic promotional activities, including collaborations with sports clubs and tournaments, as well as a strong presence on social media platforms, which help to increase brand visibility and consumer engagement.
The competitive landscape of the UK energy drink market is dominated by major players such as The Coca-Cola Company, Red Bull GmbH, PepsiCo, Inc., Suntory Holdings Limited, and Monster Energy Company. These companies are focusing on product development and innovation to cater to the evolving preferences of consumers. The use of natural ingredients and the introduction of new varieties are key drivers of market growth. Energy drinks are also gaining popularity as mixers for alcoholic beverages, further expanding their market appeal. Celebrity endorsements and social media marketing campaigns are pivotal in enhancing brand awareness and credibility, influencing consumer purchase decisions. The market's growth is supported by the launch of new products, such as Virtue Clean Energy and Tenzing's plant power shots, which cater to health-conscious consumers seeking natural and organic options.
UK Energy Drinks Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Packaging Type
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2.1.1 Can
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2.1.2 PET Bottle
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2.2 By Product Type
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2.2.1 Drinks
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2.2.2 Shots
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2.2.3 Mixers
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2.3 By Distribution Channel
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2.3.1 Supermarkets/Hypermarkets
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2.3.2 Convenience Stores
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2.3.3 Specalist Stores
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2.3.4 Online Retail Stores
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2.3.5 Other Distribution Channels
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UK Energy Drinks Market Size FAQs
What is the current UK Energy Drinks Market size?
The UK Energy Drinks Market is projected to register a CAGR of 4.5% during the forecast period (2024-2029)
Who are the key players in UK Energy Drinks Market?
The Coca-Cola Company, Red Bull GmbH, PepsiCo, Inc. (Rockstar Energy), Suntory Holdings Limited and Monster Energy Company are the major companies operating in the UK Energy Drinks Market.