Alcoholic energy drinks are healthier and tastier as compared to alcohol.

PORTLAND, OR, US, February 8, 2023 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, “Alcoholic Energy Drinks Market," The alcoholic energy drinks market was valued at $23.2 billion in 2021, and is estimated to reach $48.9 billion by 2031, growing at a CAGR of 8% from 2022 to 2031.
An alcoholic energy drink is a combination of alcohol and other stimulants generally caffeine which is believed to increase alertness and attentional performance. The majority of such drinks are packed in cans and bottles. Alcoholic energy drinks are healthier and tastier as compared to alcohol. It is also good for late-night parties as they don’t let the consumer faint or get unconscious which reduces the chances of an accident. Generally, alcoholic energy drinks are available for both, teens and adults.

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Top Key Companies Included:

Players operating in the global alcoholic energy drinks market have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Amway, Arizona Beverages USA, LT Group, Monster, National Beverages Corp., Pepsi Co., Phusion Projects, Steelbrew, Suntory, and United Brands Beverages Innovation.

Market Drivers And Growth:

According to the National Library of Medicine, two third of energy drink consumers are from the age range of 13-35 years. In recent times, people are avoiding excess usage of caffeine as it is not health friendly and can cause several diseases which can hold up the alcoholic energy drinks market growth.

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The alcoholic energy drinks market size is expected to grow owing to the rise in popularity of the alcoholic energy drink as a substitute for alcohol as there has been a drastic increase in the consumption of energy drinks over the last two decades, especially among adolescents and young teens. According to an article by the National Library of Medicine, it was observed that approximately 30% of consuming energy drinks in the U.S. on regular basis. In Western Europe and the US, alcoholic energy drinks are used as a substitute for alcohol as they have a limited amount of alcohol in them. Along with this, the caffeine in them does not induce dizziness in the person consuming them. Owing to such benefits of the alcoholic energy drink there will be a rise in the usage of the product which will drive market growth.

Key Benefits For Stakeholders

-> This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the alcoholic energy drinks market analysis from 2021 to 2031 to identify the prevailing alcoholic energy drinks market opportunities.
-> The market research is offered along with information related to key drivers, restraints, and opportunities.
-> Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
-> In-depth analysis of the alcoholic energy drinks market segmentation assists to determine the prevailing market opportunities.
-> Major countries in each region are mapped according to their revenue contribution to the global market.
-> Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
-> The report includes the analysis of the regional as well as global alcoholic energy drinks market trends, key players, market segments, application areas, and market growth strategies.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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