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Global Sports and Energy Drinks Market Valued at Over $150 Billion by 2033

Ongoing consumer demand for functional beverages is among the key growth drivers, according to a new study.

Energy drinks market valued at $150 billion
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A new report by Custom Market Insights (CMI) projects the global sports and energy drinks market to be valued at $150.22 billion by 2033, with a compound annual growth rate (CAGR) of 7.48% during that time. The sports and energy drinks market was valued at $67.94 billion in 2023, and is expected to reach $73.02 billion by the end of this year.

According to the CMI study, the market for sports and energy drinks is witnessing robust growth driven by rising consumer demand for functional beverages, fueled by lifestyle changes and fitness trends.

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