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Stock impact report

Dr Pepper makes bold move to claim energy drink crown [Yahoo! Finance]

Keurig Dr Pepper Inc. (KDP) 
Last keurig dr pepper inc. earnings: 4/27 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
If you need an extra dose of caffeine to stay awake throughout the day or simply want to change things up, energy drinks are the next best option, with some containing more caffeine than the standard cup of Joe. Don't miss the move: SIGN UP for TheStreet's FREE Daily newsletter Energy drinks are the second-most popular dietary supplement consumed by teenagers and young adults in the U.S., behind multivitamins. This industry is growing rapidly in the U.S., reaching $19.2 billion in 2023, yet it's still projected to grow at a yearly rate of around 8% and be worth approximately $33 billion by 2030. Bloomberg/Getty Images With such a profitable product, many companies have invested in creating their own energy drink imprint or acquiring pre-existing energy drink brands to hopefully profit from their popularity. Related: PepsiCo makes desperate move to lure back fleeing customers Red Bull has been leading the energy drink industry for decades, with Monster Beverage Cor Show less Read more
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