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Energy Drinks Boom While Our Mortgage, Credit, and Future Bust

Energy Drinks Boom While Our Mortgage, Credit, and Future Bust

By Nicko Margolies on October 1, 2008

While most of us are watching our finances fall apart, energy drink companies are counting their money.  It seems that the recent trend in expensive high end drinks has proven to be recession proof.  The flashy can has quietly dominated the drink market and Mintel reports that the market for energy drinks in the UK is now at almost $5 billion.  A more telling statistic is that the growth rate in the industry has gone up a staggering 400% from 2003.  Some have argued that energy drinks are used by Generation Y where Baby Boomers had used coffee.

[via Brand Strategy]

Nicko Margolies

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Nicko is a regular contributor to PSFK who grew up in DC and is now finishing college in Ohio. When he isn't writing, he's either looking for a full-time job after graduating or pursuing his passion for photography. Feel free to check out his photo-blog, Nicko's Big Picture.

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TOPICS: Food & Drink, Work & Business, Youth
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