U.S. sales of Monster energy drinks 2015-2023
Monster Beverage Corp.
Monster energy drinks are marketed by the Monster Beverage Corporation and were first introduced to the market in 2002. In the United States, there are 34 different varieties of Monster branded energy drinks. Monster ties its advertising and image to sports, sponsoring a variety of racing competitions, MMA fighters, Esports competitors, and the X Games.
Energy drink landscape
Monster’s primary rival in the energy drinks category is Red Bull, whose main brand controls 39.5 percent of the market, compared to Monster’s 29.7 percent market share. Both companies’ brands occupy eight spots of the top ten top selling energy drinks. In overall sales across all brands, Red Bull North America is the leading energy drink company in the United States, with 1.4 billion dollars in sales compared to Monster Beverage Corp’s 1.23 billion dollars.