Keurig Dr Pepper Makes a Move Against Coke, Celsius, Monster

New energy drink products promising to give one that wake-up boost are popping up at seemingly every corner while the energy drink market is poised to reach $65.53 billion globally by 2028. 

Compared to the $35.96 billion it was worth in 2020, this marks very strong expansion at a CAGR of 7.90%

Not everyone likes energy drinks but those in the know and not wanting to lose market share are keeping a serious eye on these numbers. This week, drink giant Keurig Dr Pepper  (KDP) – Get Free Report dropped $863 million for a 30% stake in the beverage company Nutrabolt. 

Source: https://www.thestreet.com/restaurants/keurig-dr-pepper-makes-a-big-move-in-growing-business?puc=yahoo&cm_ven=YAHOO&yptr=yahoo