Pro
Food & Beverage
Australia & New Zealand Dried Fruits MARKET By Application
| Label | USD Million |
|---|---|
| 2018 | 3006.47816135752 USD Million |
| 2019 | 3356.57328582292 USD Million |
| 2020 | 2636.64289775864 USD Million |
| 2021 | 4244.77263316915 USD Million |
| 2022 | 4576.90112376941 USD Million |
| 2023 | 5699.71030729484 USD Million |
| 2024 | 6338.93267381792 USD Million |
| 2025 | 6954.60942136706 USD Million |
| 2026 | 7234.47124656882 USD Million |
| 2027 | 7560.23051599452 USD Million |
| 2028 | 7868.6813035916 USD Million |
| 2029 | 8130.63725069143 USD Million |
| 2030 | 8678.31895461868 USD Million |
| 2031 | 9106.26915000114 USD Million |
| 2032 | 9829.43309857972 USD Million |
Data Source: Wantstats Repository
Market Dynamics
The market for energy drinks in Mexico has seen rapid growth in recent years, with increased demand fueled especially by younger customers who are more health-conscious and willing to try new products. This has led to an increase in investments from global beverage companies, including Red Bull, Coca-Cola, Pepsi, and Monster, among others. According to a recent market study, Mexico's energy drinks market was worth approximately US $2.5 billion in 2018 and is projected to reach US $5.3 billion by 2032, registering a Compound Annual Growth Rate (CAGR) of 7.9%. In Mexico, energy drinks are often favored by young adults. Additionally, while traditionally having a higher male penetration rate, the market is becoming increasingly popular among female consumers as well. As the drinks are more affordable than most other beverages, they have gained increased traction as an alternative to expensive alternatives and continue to grow in popularity. The demand for energy drinks in Mexico is expected to remain strong in the coming years. As per a market research report, healthy living is becoming a priority among the Mexican population, thus creating increased demand for products claiming to offer more energy and better health benefits.
Moreover, as these drinks are viewed as less of a health concern than other traditional beverages, they are also increasing in popularity among a younger demographic. As Mexican consumers become more health-conscious, sales of energy drinks are likely to continue to grow. In terms of brands, Mexican energy drinks consumers generally prefer those backed by a bigger international company. Companies like Red Bull, Coca-Cola, Pepsi, and Monster have a strong presence in this market and compete with independent brands for market share. Additionally, the market also includes smaller players such as Burn, Zonter, and Burning Up, as well as niche products such as Red Star, among others. In conclusion, the growth of Mexico’s energy drinks market in 2018 and the projected growth in the coming years demonstrate the expanding presence and increasing popularity of the category. Driven by health-conscious consumers and a growing demand from younger demographics, Mexico’s energy drinks market is expected to reach US$5.3 billion by 2032, registering a CAGR of 7.9%.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.