Energy drinks are a powerhouse of growth in convenience retail. Sales spiked by 14.7%, putting an extra £96.4m through retailers’ tills, last year. That makes energy drinks the hottest sector in soft drinks.
Strange but true, energy drinks have been the greatest soft drinks gain for c-stores. By thinking differently about energy drinks, retailers can widen their appeal and supercharge sales.
However with only 8% of shoppers buying energy drinks from convenience stores, retailers can widen the appeal by thinking differently about the energy drinks category to meet a broader range of customer needs. These needs include growing demand for everything from exciting new flavours and concepts that are aligned with more than motor racing and adrenaline sports, to functional health properties and natural credentials.
We calculate that by doing this the UK’s convenience retailers will be able to unlock a huge £100m in growth by the end of 2025. That equates to an extra £2,089 per store a year. So how can this be done?