No doubt about the shift from carbonated drinks to
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According to the “Energy Drinks and Shots: Market Trends in the U.S." report, sales of energy drinks and shots will grow to a value of $21.5 billion by 2017, driven by continued economic recovery, expansion in retail distribution, and strong potential in new product development
Monster beverages stock price closed at $42.30 on Friday...
and how about China?
China’s energy drink market was valued at USD 3212.1 million in 2017 and is expected to reach USD 3952.8 million by the end of 2022.
"Canned and bottled energy drinks hold a major market share in China. These products are sold in supermarkets, hypermarkets, convenience stores, grocery stores and nightclubs. Energy drinks are high in demand since they help consumers regain energy and increase their stamina."
In China, two in five (40%) consumers say they’d be encouraged to buy a sports or energy drink product made from natural ingredients.
There seems to be a growing concern in China about the amount of sugar in carbonated drinks and some energy drinks.
It's a perfect market for a natural product with low sugar content like RMHB. I can see why they want to expand into China.
I think even some of the shareholders in this company don't realize just how big this could be if RMBC catches on in China and it really looks like they will.
A twelve cent stock? Are you kidding me! This has the potential to be huge. What a bargain price.