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Jan. 12, 2022, 8:30 a.m. EST

North America Is The Leading Market For Energy Drinks As Consumers Become More Focused on Fitness

PALM BEACH, Fla., Jan. 12, 2022 /PRNewswire/ -- FinancialNewsMedia.com News Commentary - The global energy drinks market is witnessing a growth as energy drinks have become one of the most rapidly growing items in the beverage market. This has been brought about by a growing focus on fitness and health by consumers. Energy products are sold as a replacement for carbonated beverages. In recent years, thus, the number of people moving away from carbonated drinks to energy drinks has increased significantly. Due to the growing consumer health consciousness and hectic lifestyles, the industry is expected to witness a healthy growth in the coming years.   A report  from Expert Market Research said that the global energy drinks market attained a value of USD $57 billion in 2020, driven by the growing awareness regarding health among consumers and rising disposable incomes. Aided by the increased investment by manufacturers to develop enhanced products range, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 7%. The market is projected to reach USD 86 billion by 2026.  The report added: "Energ  drink consumption has become a symbol of status, particularly for the youth. It is expected that such consumer behavior will lead to the higher overall demand for the product, thus, aiding the growth of the energy drinks market. The consumption of alcohol combined with these energy drinks is quite common in urban areas. In addition, some of the regular party goers prefer mild alcoholic beverages, resulting in high demand for alcoholic energy drinks containing an average of about 2% to 5% alcohol per volume, particularly in developed economies such as the United Kingdom, Australia, the United States, and Spain. Such favorable factors are propelling the industry growth further.    Active companies in the markets this week include Golden Grail Technology (otcpk:GOGY), National Beverage Corp. /zigman2/quotes/205234797/composite FIZZ +4.33% Celsius Holdings, Inc. /zigman2/quotes/205976348/composite CELH +5.11% , Splash Beverage Group, Inc. /zigman2/quotes/207197417/composite SBEV +8.29% , Monster Beverage Corporation /zigman2/quotes/205899417/composite MNST +2.60% .

North America is the leading market for energy drinks because of various health issues and rising awareness. Europe is a developing energy drink market that is about to expand at a healthy rate owing to the exponential rate of consumer adoption of the product in the region as a result of increased marketing efforts by key players. The main target categories of energy drink producers are children and teenagers. Markets in other countries, such as South America and the Middle East and Africa, are relatively small and are expected to rise in the forecast period. The Asia Pacific is, meanwhile, a growing market because of the changing demographics as well as increasing disposable incomes.

Golden Grail Technology (otcpk:GOGY) BREAKING NEWS Golden Grail Signs Distribution Agreement - Golden Grail Technology announces they have entered in to a Distribution Agreement for Spider Energy Drink ( https://spiderenergydrink.com/ ) with Cayman International Foods Group (CIFG). CIFG will launch Spider Energy in the international market Cayman Islands. CIFG services all the major supermarkets and is the primary supplier of the products they represent to 80% of the convenience stores in Cayman Islands. Furthermore, Cayman Islands is an Award-Winning Market with several recent accolades; Travelers Choice 2021 Award, Culinary Capital of the Caribbean and Travel and Leisure Award.

"Energy drinks are one of the fastest growing beverage segments globally and maintained growth through the pandemic. We are thrilled to have Spider Energy drink in our portfolio to capture that growth. Energy drinks are experiencing a wider reach than ever before and our launch into the award-winning Cayman Islands will be provide a great consumer and tourist base with Spider Energy," Steven Hoffman, CEO, Golden Grail.

Spider Energy Drink is packed with serious energy. This formula is the perfect balance of energy boosting B-vitamins, Taurine, Guarana, Ginseng, Key Levels of Amino Acids and herbal extracts. Made with 100% real sugar, Spider Energy is known as one of the best tasting with a fresh-citrus, smooth and refreshing flavor, without the medicinal aftertaste associated with most energy drinks.  CONTINUED…   Read these full releases for Golden Grail Technology at:   https://www.financialnewsmedia.com/news-gogy/    Additional big performers in the beverage industry include:

Celsius Holdings, Inc. /zigman2/quotes/205976348/composite CELH +5.11% develops, markets, distributes, and sells functional calorie-burning fitness beverages in the United States and internationally. CELH closed up over 9% on Tuesday trading over 1.6 Million shares by the close and was further up slightly in afterhours trading.  The Company recently reported financial results for the quarter ended September 30, 2021.  To listen to the discussion of financial results from Thursday, November 11th, 2021.  Please click here

Splash Beverage Group, Inc . /zigman2/quotes/207197417/composite SBEV +8.29%  produces, distributes, and markets various beverages in the United States. The company offers hydration and recovery isotonic sport drink under the TapouT Performance brand. SPEV closed up over 70% on Tuesday trading over 84 Million shares by the close.  SBEV issued news  on Tuesday the Company Received Authorization for TapouT in Walmart Stores Across Florida Metropolitan Areas.

National Beverage Corp. /zigman2/quotes/205234797/composite FIZZ +4.33% , through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada.  FIZZ closed down very slightly in trading on Tuesday but was up slightly in afterhours trading.

Monster Beverage Corporation /zigman2/quotes/205899417/composite MNST +2.60%  closed up over 2% on Tuesday trading over 1.8 Million shares by the market close.  MNST announced  that its Co-Chief Executive Officers, Rodney Sacks and Hilton Schlosberg, will host a virtual investor meeting on this Thursday, January 13, 2022, at 4:30 p.m. Eastern Time, to provide an update on the Company's business and operations.

The Company's presentation will be open to all interested parties at www.monsterbevcorp.com , under the "Events & Presentations" section. For those who are not able to join the live webcast, the event will be archived for approximately one year on the Company's website.

DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates Financialnewsmedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM was compensated forty six hundred dollars for news coverage of the current press releases issued by Golden Grail Technology by the company.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Contact Information:
Media Contact email: 
editor@financialnewsmedia.com  
+1(561)325-8757

 

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SOURCE FinancialNewsMedia.com

COMTEX_400412225/2454/2022-01-12T08:30:08

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/zigman2/quotes/205234797/composite
US : U.S.: Nasdaq
$ 48.64
+2.02 +4.33%
Volume: 300,970
June 24, 2022 4:00p
P/E Ratio
27.86
Dividend Yield
0.00%
Market Cap
$4.35 billion
Rev. per Employee
$719,288
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/zigman2/quotes/205976348/composite
US : U.S.: Nasdaq
$ 67.11
+3.26 +5.11%
Volume: 1.17M
June 24, 2022 4:00p
P/E Ratio
529.26
Dividend Yield
N/A
Market Cap
$4.81 billion
Rev. per Employee
$1.77M
loading...
/zigman2/quotes/207197417/composite
US : U.S.: NYSE American
$ 2.22
+0.17 +8.29%
Volume: 394,795
June 24, 2022 4:10p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$75.17 million
Rev. per Employee
$623,983
loading...
/zigman2/quotes/205899417/composite
US : U.S.: Nasdaq
$ 94.58
+2.40 +2.60%
Volume: 2.97M
June 24, 2022 4:00p
P/E Ratio
37.35
Dividend Yield
N/A
Market Cap
$48.83 billion
Rev. per Employee
$1.42M
loading...
/zigman2/quotes/205976348/composite
US : U.S.: Nasdaq
$ 67.11
+3.26 +5.11%
Volume: 1.17M
June 24, 2022 4:00p
P/E Ratio
529.26
Dividend Yield
N/A
Market Cap
$4.81 billion
Rev. per Employee
$1.77M
loading...
/zigman2/quotes/207197417/composite
US : U.S.: NYSE American
$ 2.22
+0.17 +8.29%
Volume: 394,795
June 24, 2022 4:10p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$75.17 million
Rev. per Employee
$623,983
loading...
/zigman2/quotes/205234797/composite
US : U.S.: Nasdaq
$ 48.64
+2.02 +4.33%
Volume: 300,970
June 24, 2022 4:00p
P/E Ratio
27.86
Dividend Yield
0.00%
Market Cap
$4.35 billion
Rev. per Employee
$719,288
loading...
/zigman2/quotes/205899417/composite
US : U.S.: Nasdaq
$ 94.58
+2.40 +2.60%
Volume: 2.97M
June 24, 2022 4:00p
P/E Ratio
37.35
Dividend Yield
N/A
Market Cap
$48.83 billion
Rev. per Employee
$1.42M
loading...

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