The urge for an extra burst of energy after a long day at work or early in the morning when things seem not to be working continues to drive the energy drinks sector. Sales for energy drinks have been growing at a compound annual rate of more than 5%, as most contain a high concentration of stimulants. Additionally, there are energy drinks that improve physical performance and mental alertness, which are becoming increasingly popular. It begs the question, which are the biggest energy drink companies in the world?
The biggest energy drink companies in the world are dominated by some of the biggest brands that have been in business for decades. Most are also located in some of the biggest and most mature economies where the need for fast energy is always high.
Biggest Energy Companies in The World
Coca-Cola tops the chart of the biggest energy drink companies in the world thanks to its wide footprint in the beverage industry. It is the manufacturer of Coca-Cola Energy, Coca-Cola Energy Zero Sugar, Coca-Cola Energy Cherry, and Coca-Cola Energy Zero Sugar Cherry, some of the biggest brands in the sector.
Its edge in the energy drinks market stems from its robust logistics and supply network supplemented by production plants in almost every part of the world. Therefore, the company can reach every niche market for sales with ease.
PepsiCo has always played second fiddle to almost every segment in the non-alcoholic beverage sector. Likewise, it is ranked as the second largest energy drink company globally, behind Coca-Cola. Its famous energy drink brands include Rockstar, Amp Energy, Mtn Dew, and Celsius.
Rockstar is one of the biggest energy drink brands accountings for more than 10% of the US energy drink market. The brand is available in more than 20 flavors, and Like Coca-Cola, PepsiCo manufactures and distributes its energy drinks across the globe.
Monster Beverage Corporation
It is arguably one of the most recognizable names in the energy drink markets, with endless sections of flavors. While Monster is the company’s biggest energy drink, there is also Relentless and Burn. Nevertheless, the Monster energy line generates more revenue for the company as it controls nearly 30% of the US energy drink market.
Red Bull GmbH
Red Bull GmbH is one of the biggest energy drink companies in the world, synonymous with the Red Bull energy drink. Red Bull ranks number 1 in the list of the top energy drinks in the world on sales. The brand generates more than $6 billion in sales annually for the company.
Japan’s Otsuka Holdings sums up the top 5 biggest energy drink companies in the world. While the company operates in the medicine, nutraceutical, and consumer products market, it is best known for the BODYMAINTE Drink, a conditioning drink, and Oronamin C energy drink, one of the top largest energy drinks in the world.
Oronamin C contains isoleucine and other essential amino acids. The energy drink is sold in supermarkets and convenience stores across Japan and in vending machines.
Demand for energy drinks is expected to grow at a compound annual growth of more than 5% by 2030. The ever-growing need for hydration and fast energy among the working population and sports personalities fuels the increase.
Likewise, the biggest energy drink companies in the world are likely to continue diversifying their product list to try and tap into the expansive marketplace. In addition, increased consumer focus on all-natural and organic ingredients is also expected to force companies to focus more on organic energy drinks with significant health benefits.