[MONDAY MINUTE] 40K C-Store Owners Shared Energy Drinks Market Trends | Goldman Sachs Beverage Bytes Survey

What this episode covers

40,000 convenience store owners have spoken, and they had A LOT to say about the growing energy drinks category. And even if you aren’t super familiar with this beverage category’s sales insights, I’m sure you intuitively recognize that convenience stores are the most important in terms of channels for energy drinks in the U.S. market. But here are the top 3 biggest “categorical” takeaways from the recent Goldman Sachs Beverage Bytes survey. The first is a market reaction to what I coined “energy everything” years ago…with performance energy drinks taking share from the coffee category. The second is that CELSIUS is likely to win the most incremental shelf space in 2024…just slightly ahead of C4 Energy. And finally, is that Red Bull is losing cooler space because the brand’s proprietary coolers are being replaced by CELSIUS and C4 Energy coolers. FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS ⁠⁠LINKEDIN⁠⁠ ⁠⁠YOUTUBE⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠TWITTER⁠⁠ ⁠⁠INSTAGRAM⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠FACEBOOK⁠⁠

PodParley-generated summary based on available episode metadata and transcript content.