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Monster Beverage Corporation [2] is an American beverage company that manufactures energy drinks including Monster Energy, Relentless, Reign and Burn. The company was originally founded as Hansen's in 1935 in Southern California , originally selling juice products.
Monster Energy is a brand of energy drinks that was created by Hansen Natural Company (now Monster Beverage Corporation) in April 2002. [1] As of 2022, Monster Energy had a 30.1% share of the American energy drink market, [3] the second-highest after Red Bull.
Blue Sky Beverage Company was a beverage company that produced soft drinks and energy drinks. It is a wholly owned subsidiary of the Monster Beverage Corporation. [1] [failed verification] [2] The company was established in Santa Fe, New Mexico, in 1980, [citation needed] where it remained until it was purchased by Monster (then Hansen Beverage) in 2000.
Monster Beverage (MNST) witnesses momentum in its energy drinks category driven by the Monster Energy brand. However, higher input and operating costs hurt margins.
According to the bank HSBC, U.S.-based competitor Monster Beverage may be the underdog that could knock Red Bull from the top spot of the industry estimated to be worth $108.40 billion by 2031.
I last pitted the investment case for energy drink giant Monster Beverage (NASDAQ: MNST) against that of health-focused challenger Celsius Holdings (NASDAQ: CELH) a couple of months ago.At the ...