In this piece, we are going to shed light on Alternatives to Celsius Drink: 10 Best Energy Drinks. In case, you want wish to skip the detailed analysis of the energy drink market, you can jump directly to Alternatives to Celsius Drink: 5 Best Energy Drinks.
The global energy drinks market was valued at USD 69.89 billion in 2023 and is expected to experience a 7.10% compound annual growth rate (CAGR) from 2024 to 2032, reaching USD 129.54 billion by 2032, per Expert Market Research. Energy drinks are characterized by their high levels of added sugars, caffeine, and stimulants like L-carnitine, taurine, and guarana.
Widely associated with a symbol of status, particularly among teenagers, the surge in demand for energy drinks is influenced by consumer behaviour and preferences. Urban consumers often combine energy drinks with alcohol, leading to a rise in popularity of alcoholic energy drinks, especially in developed markets like the United Kingdom, Australia, the United States, and Spain. Currently, China and Japan are leading the global market, with rapid growth observed in the United States, Brazil, and India among others.
Energy drinks compete vigorously with other non-alcoholic beverages, representing a significant portion (16% to 18%) of the overall non-alcoholic beverage sector. Ready-to-drink teas and sodas are primary contenders, with high caffeine and antioxidant content presenting stiff competition. Energy shots have emerged as a recent trend, gaining momentum in emerging economies and driven by increased demand in key markets like the UK and the US, fueling the growth of the energy drinks industry.
The energy drinks industry consists of some big names who are amongst the pack that is leading the industry. Before we head on to our list of Alternatives to Celsius Drink: 10 Best Energy Drinks, we will now look at some of such market players; namely, we are going to look at PepsiCo, Inc. (NASDAQGS:PEP), Monster Beverage Corporation (NASDAQGS:MNST) and National Beverage Corp. (NASDAQGS:FIZZ).
PepsiCo, Inc. (NASDAQGS:PEP)
PepsiCo, Inc. (NASDAQGS:PEP), a prominent American multinational corporation based in Harrison, New York, took a significant step in acquiring Celsius Holdings in August 2022, marking a strategic move in the energy drinks industry. This acquisition, accompanied by a substantial $550 million investment, positioned PepsiCo as a major player in the market, complementing its existing energy drink portfolio that includes brands like Rockstar and Mtn Dew Energy.
In the fourth quarter ending 31 December 2023, PepsiCo reported a net income of $1.3 billion, translating to 94 cents per share, an increase from the previous year’s figures. Adjusted earnings stood at $1.78 per share, showcasing the company’s resilience amid market fluctuations. However, net sales experienced a slight decline of less than 1%, amounting to $27.85 billion, marking the first such dip since 2020, underscoring the challenges faced by the company in the current economic landscape.
Monster Beverage Corporation (NASDAQGS:MNST)
Monster Beverage Corporation (NASDAQGS:MNST), an American beverage company known for producing popular energy drink brands such as Monster Energy, Relentless, and Burn, demonstrated strong financial performance for the quarter ending on December 31, 2023.
In this period, the company reported a noteworthy increase in net sales, with fourth-quarter sales rising by 14.4% to $1.73 billion, while full-year net sales saw a 13.1% growth to reach $7.14 billion. Additionally, Monster Beverage Corporation achieved improvements in its gross profit margins, with the fourth-quarter margin enhancing to 54.2% and the annual gross margin increasing to 53.1%. The company’s net income also showed robust growth, with fourth-quarter net income surging by 21.6% to $367.0 million and full-year net income jumping by 36.9% to $1.63 billion.
National Beverage Corp. (NASDAQGS:FIZZ)
National Beverage Corp. (NASDAQGS:FIZZ), an American beverage company known for its range of flavored soft drinks including popular brands like La Croix, Shasta, and Faygo, recently announced its financial results for the third quarter ending on January 27, 2024.
In comparison to the previous year, the company reported impressive achievements: Net sales reached a record high of $270 million, while gross profit figures rose to an all-time peak of $97 million, with the gross profit margin increasing to 36% of sales. Furthermore, operating income surged to $48 million, marking a record performance and a significant 120 basis points margin improvement. Earnings per share witnessed a 14% increase, totaling $0.42.
A close-up of an industrial machine producing steel cans, highlighting the company’s production of steel cans.
Methodology
To curate our list of Alternatives to Celsius Drink: 10 Best Energy Drinks, we firstly researched across the internet and shortlisted most popular energy drinks amongst the best Alternatives to Celsius Drink: 10 Best Energy Drinks based on consensus of sources. Then, to make sure our list proves out to be most insightful for our readers, we used the consumers’ feedback and reviews on Amazon. We looked up and used ratings and number of reviews both to rank the 10 best alternatives to Celsius drink, out of our initial list of 16 energy drinks coming up across various sources.
Here then, we present our list to you of Alternatives to Celsius Drink: 10 Best Energy Drinks.
By the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a similar consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or professional one looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.
10. Hiball Energy Seltzer Water
Rating: 4.6
Number of ratings: 1,224
Hi-ball has garnered significant popularity for its high caffeine content, boasting 160 mg per serving. This energy drink is crafted from organic ingredients such as guarana, ginseng, and caffeine sourced from green tea. Free from artificial flavors, sweeteners, and preservatives, Hi-ball offers a natural and energizing beverage option. Additionally, it contains Vitamin B, providing added nutritional benefits to consumers.
9. Clean Cause Yerba Mate
Rating: 4.5
Number of ratings: 2,160
Clean Cause Yerba Mate offers a refreshing alternative to coffee by blending fair trade yerba mate and USDA-certified organic ingredients with sparkling water. Noteworthy is the brand’s commitment to supporting a good cause, as 50 percent of the profits are directed towards alcohol and drug addiction recovery programs. However, caution is advised regarding the presence of erythritol, a sugar alcohol that can potentially cause gastrointestinal discomfort and has been associated with increased cardiovascular risk. The sweeteners used in Clean Cause Yerba Mate are organic stevia and organic erythritol.
Each can contains 9 grams of erythritol, and the nutrition facts for a 16 fl oz. can include: 0 calories, 0g total fat, 5mg sodium, 0g total carbs, 0g total sugars, 0g added sugars, 0g protein, and 160mg caffeine.
8. Monster Hydro
Rating: 4.6
Number of ratings: 2,717
Monster Hydro stands out as an innovative solution that effectively combines hydration and energy benefits within a single durable bottle. With a thoughtful formulation that includes glucose, sucrose, and essential electrolytes like salt, Monster Hydro not only provides energy but also aids in replenishing vital nutrients for recovery. The inclusion of B vitamins further enhances its nutritional value by supporting the conversion of food into energy within the body. Offering an array of five distinct flavors, each incorporating a harmonious blend of fruits and natural elements, Monster Hydro presents a refreshing departure from the typical carbonated energy drinks. As someone who regularly explores and assesses various beverages, Monster Hydro emerged as a refreshing and fulfilling option in the realm of energy drinks.
7. Guayaki Organic Yerba Mate
Rating: 4.6
Number of ratings: 5,256
Guayaki Yerba Mate stands out as a unique non-carbonated energy drink, featuring organic and fair-trade ingredients with the traditional flavor of Yerba Mate. With a rich and refreshing taste reminiscent of South America’s lush landscapes, it combines tea’s robustness, coffee’s invigoration, and chocolate’s comfort. This beverage offers a noticeable energy boost with 150mg of caffeine per can, promoting clarity without jitters, making it ideal for sustained focus. Guayaki Yerba Mate’s commitment to sustainability and premium organic ingredients delivers both energy and environmental consciousness, catering to mindful consumers seeking a holistic energy solution.
6. Rockstar Recovery Energy Drink
Rating: 4.6
Number of ratings: 6,010
Rockstar Recovery Energy Drink is tailored as a revitalizing option ideal for post-activity recovery, whether it’s following a workout, a night out, or a demanding day at work. Positioned as an ‘Energy Hydrate’ beverage, Rockstar Recovery excels at swift recovery after exertion. Alongside its bold and crisp taste featuring a refreshing citrusy touch, this non-carbonated, high-caffeine drink is crafted to expedite rejuvenation. Uniquely blending hydrating components, essential electrolytes, herbal extracts, and energy stimulants, Rockstar Recovery prioritizes efficient recovery while maintaining a low sugar content of just 3 grams per can—setting it apart from many other energy drinks in the market.
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Disclosure: None. Alternatives to Celsius Drink: 10 Best Energy Drinks is originally published on Insider Monkey.
