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.

Energy drinks market revenue by product type 2014 2025 usd billion energy beverages consumption has turned into a status symbol especially for the youth. By the year s end the company expects it would sell 100 million cans of bacchus about eight cans per. The global energy drinks market is forecasted to grow with a cagr of 7 1 during the forecast period 2020 2025. The global energy drinks market is segmented on the basis of type application and geography.

The energy drink industry has maintained the safety of energy drink consumption. This change has been brought by an increasing consumer focus on fitness and health. Energy drinks market size is expected to grow at a cagr of 7 20 to reach 86 01 billion by 2026. Soft drinks in cambodia executive summary country insight socioeconomic trends logistics infrastructure chart 1 soft drinks.

Energy drinks market scope. Global energy drink sales reached a value of 53 01 billion in 2018 and are expected to grow at a cagr of 7 20 to reach 86 01 billion by 2026 according to allied market research. 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. Supermarket b market data table 1 off trade vs on trade sales of soft drinks rtd by channel.

Cambodia laos and myanmar food drink q4 2020. 3 13 14 data on the adverse effects of energy drink consumption derive from a variety of sources including. Such consumer behavior type is expected to drive further the overall demand. Consumption of alcohol mixed with these energy beverages is quite popular in urban areas.

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. By type the market is segmented into general energy drinks and energy shots. 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. Volume growth 2014 2019.

In 2018 north america dominated the global market. Supermarket a chart 2 soft drinks. Aug 04 2020 usd 1 415.