The Global Energy Supplements Market size was valued at US $84.5Billion in 2022 and is forecasted to grow at a CAGR of 6.9% from 2023 to2029, reaching nearly US $134.8Billion.
Energy Supplements Market Overview:
The Energy Supplements Market Report from Maximize Market Research provides readers with an assessment of the global market landscape via the use of a comprehensive viewpoint. This research on the Energy Supplements Market looks at the scenario from 2023 to 2029, utilizing 2022 as the base year and 2018 to 2022 as the historical period. This research assists users in making key business decisions by utilizing a wealth of information presented in the study.
Energy Supplements Market Scope:
This research on the Energy Supplements industry is based on a thorough examination of the market, supported by secondary and primary sources. Market volume is determined by a country-by-country model mapping of Energy Supplements utilizing internal and external private information, as well as relevant patent and regulatory sources. The competitive environment of the Energy Supplements market is backed by an examination of the many elements that impact the market on a micro and granular level. Researchers in the Energy Supplements sector generate predictions and projections and compute market forecasts by thoroughly reviewing historical data, current trends, and important company announcements.
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Energy Supplements Market Segmentation:
by Product Type
Energy drinks
Energy gels
Energy bars
Gummies
The Energy Supplements Market is divided into four product categories: energy drinks, gels, bars, and gummies. Energy drinks are the most widely used type of energy supplement, accounting for more than 50% of the market. Usually, people eat them as a quick and simple approach to increase their energy levels.Athletes and others who require a sustained supply of energy use energy gels, which are more potent than energy drinks. With a combination of carbohydrates, protein, and fat, energy bars are a handy and practical method to enhance energy.People who want a tasty and practical way to receive their daily dose of energy often ingest gummies.
by End User
Adults
Teenagers
Kids
The Energy Supplements Market is divided into three end user groups: Adults, Teenagers, and Children. In 2022, the adult market segment will command a market share of over 55%. Adults are more likely to be physically active, participate in sports, and do other things that call for a lot of energy. Teenagers' academic performance, focus, and mental alertness are all improved by energy supplements.
by Sales Channel
Hypermarkets and Supermarkets
Convenience Stores
Specialty Stores
Online Channel
The Energy Supplements Market is divided into four categories based on the sales channel: Hypermarkets and Supermarkets, Convenience Stores, Specialty Stores, and Online Channel. Many different energy supplements are available at affordable costs in supermarkets and hypermarkets. They are a popular option for customers because of their big customer base.
Key Players are:
North America:
1. GNC Holdings Inc.
2. Abbott Laboratories
3. Red Bull GmbH
4. The Coca-Cola Company
5. PepsiCo Inc.
6. Amway Corporation
Europe:
6. Nestlé S.A.
7. Glanbia plc
8. Vitabiotics Ltd.
9. BioTechUSA
10. Olimp Laboratories
Asia Pacific:
11. Herbalife Nutrition Ltd.
12. Yakult Honsha Co., Ltd.
13. Bio-Engineered Supplements and Nutrition, Inc. (BSN)
14. MusclePharm Corporation
15. Swisse Wellness Pty Ltd.
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Regional Analysis:
North America (including the United States, Canada, and Mexico), Europe (including Germany, France, the United Kingdom, Russia, and Italy), Asia-Pacific (including China, Japan, Korea, India, and Southeast Asia), South America (including Brazil, Argentina, and Colombia), the Middle East, and Africa have all been studied (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). The study presents regional competitive circumstances. These insights help market participants improve their approaches and provide new opportunities to achieve amazing results.
COVID-19 Impact Analysis on Energy Supplements Market:
The Global Energy Supplements Market Research Report offers an overview of the industry based on key variables such as market size, sales, sales analysis, and major drivers. The market is expected to grow considerably during the forecast period (2023-2029). This paper also provides the most current COVID-19 market implications. The spread of the epidemic has had a wide-ranging influence on people's lives all around the world. Markets have been forced to adopt new norms, trends, and tactics as a result. Essentially, the study report tries to paint a picture of the market's initial and future projections.
Key Questions Answered in the Energy Supplements Market Report are:
- What are the new competitive developments in the Energy Supplements market?
- What is the market size, and share of Energy Supplements?
- How can I get sample reports/company profiles of the Energy Supplements market?
- Who are the potential customers of the Energy Supplements market?
- Which are the leading players in the Energy Supplements market?
- How can I get company profiles on the top ten players of the Energy Supplements market?
- Which region is and will provide more business opportunities for Energy Supplements in the future?
- Who are the service providers of the Energy Supplements industry?
- What are the key growth strategies of Energy Supplements industry players?
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