King adds that he is still wary of the stock because of trade-down worries. The company's first-quarter results were "difficult," with higher cost pressures causing a significant miss on gross margin, according to the analyst in a research note. (NASDAQ:FIZZ) to $42 from $43 and maintained a Sell rating on the stock. On September 12, UBS analyst Sean King reduced his price objective on National Beverage Corp. (NASDAQ:FIZZ) is the manufacturer of the well-known energy drink called ZipFizz. (NASDAQ:FIZZ) develops, produces, promotes, and sells a range of sparkling waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada through its subsidiaries. Anthony Bozza's Lakewood Capital Management is the largest shareholder of the company owning 277,873 shares worth around $1.2 million. Zevia's revenue increased 47% compounded from 2008 to 2021.Īccording to Insider Monkey's data, 3 hedge funds were long Zevia Pbc (NYSE:ZVIA) in Q3, down from 7 funds in the prior quarter. Analysts believe the new management will speed the company's return to profitability. In June, Zevia Pbc (NYSE:ZVIA) announced leadership changes. Longer term, Strelzik sees Zevia as a "strong growth vehicle" with a solid strategy, a number of growth levers, and margin upside over time. The company's Q4 2021 EBITDA disappointed investors owing to worse sales and margins, according to the analyst in a research note, who also lowers his EBITDA forecast due to incremental industry-wide inflationary pressures and brand building efforts. On February 22, BMO Capital analyst Andrew Strelzik reduced the his price objective for Zevia Pbc (NYSE:ZVIA) from $18 to $13 and maintained an Outperform rating on the stock. Zevia Pbc (NYSE:ZVIA) is well-known by its energy drink called Zevia Energy, which is a zero-calorie energy drink available in 4 flavors. It sells soda, energy drinks, healthy tea, mixers, kids beverages, and sparkling water. Zevia Pbc (NYSE:ZVIA) is a beverage business that develops, promotes, sells, and distributes different carbonated and non-carbonated soft drinks in the United States and Canada. This purchase adds to PepsiCo's energy drink portfolio, broadens its global footprint, and accelerates growth in the functional beverage area. (NYSE:PEP), an American multinational food and beverage corporation, acquired Rockstar for $3.86 billion. For example, in April 2021, Red Bull, one of the multinational energy drink manufacturers and suppliers, introduced Coconut Edition Sugar-free energy drinks in 25cl and 35cl cans. The report also revealed that many energy drink companies are introducing new flavors to attract new customers and increase sales. Asia Pacific is predicted to be the fastest-growing region during the forecast period. In China, the world's second biggest economy, the industry is expected to reach a market size of $33.7 billion by 2027, with a CAGR of 10% from 2020 to 2027.Ī analysis report released earlier this year states that North America was the largest area in the energy drinks market in 2021. In the United States alone, the Sports and Energy Drinks industry was worth $27.9 billion in 2020. Additionally, the growing consumer focus on all-natural and organic ingredients is probably going to increase the market for organic energy drinks in the years to come. ![]() It is projected that the demand for energy drinks would increase due to the increased need for hydration and fast energy beverages among working professionals and sports. One of the primary reasons for the growth of the energy drinks market is the popularity of energy drinks that improve physical performance as well as mental alertness.Īccording to The Brainy Insights, the energy drinks industry will increase at an 8.1% CAGR between 20. Energy drinks include a high concentration of stimulants, primarily caffeine and ginseng. An Analysis of the Energy Drinks IndustryĪllied Market Research's analysis report stated the the global energy drinks market was valued at $45.80 billion in 2020. ![]() For more such companies, go to 5 Biggest Energy Drink Companies in the World. In this article, we discuss 10 biggest energy drink companies in the world.
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