SOFT & ENERGY DRINKS FACTORY
FSWT will about to establish soft and energy drinks factory. The Bangladesh Energy Drinks market is projected to grow, witnessing a CAGR of 10.61% during the forecast period (2020-2025).
- Increasing urbanization, a growing number of young people, rising temperatures and product innovation are the major factors that are driving the sales of energy drinks across the country.
- Most of the energy drinks are manufactured in the outlying districts, which is resulting in the wide availability of these products in every corner of the country. In addition, the affordability of these products is driving sales in rural areas as well.
- Based on the distribution channel, the convenience stores segment accounted for the largest share in 2019. This is due to the booming organized retail market in the country, with a smaller number of players and stores.