Energy Supplements Market Overview
At a compound annual growth rate (CAGR) of 6.9% from 2024 to 2030, the global energy supplements market is expected to reach over US $144.10 billion, up from its 2023 valuation of US $90.33 billion.
Energy Supplements Market Scope and Methodology:
The Energy Supplements market research provides comprehensive information on significant aspects, including those that are expected to drive the industry's growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Energy Supplements market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Energy Supplements Market is included in the scope of the MMR report.
The report offers a number of new requirements, each with a thorough justification. The Energy Supplements Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.
Energy Supplements Market Regional Insights
This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research's geographic analysis makes it possible to comprehend the Energy Supplements market situations in various nations. The Energy Supplements market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.
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Energy Supplements Market Segmentation
by Product Type
Energy drinks
Energy gels
Energy bars
Gummies
The market for energy supplements is divided into four segments: gummies, energy drinks, gels, and bars. Energy drinks are the most widely used type of energy supplement, accounting for over 50% of the market. Usually, they are used as a quick and simple way to increase their energy levels. Athletes and others who require a prolonged energy boost take energy gels, which are more concentrated than energy drinks. Energy bars, which are prepared with a combination of fat, protein, and carbohydrates, are a portable and practical method to gain a boost of energy. People who want a convenient and delicious method to get their daily energy fix use gummies.
by End User
Adults
Teenagers
Kids
The market for energy supplements is divided into three segments: adults, teens, and children. With a market share of more than 55% in 2023, the adult sector leads the pack. Adults are more likely to participate in sports and other high-energy activities and to be physically active. Teenagers who take energy supplements report increased focus, mental clarity, and academic success.
by Sales Channel
Hypermarkets and Supermarkets
Convenience Stores
Specialty Stores
Online Channel
Supermarkets and hypermarkets, convenience stores, specialty shops, and online channels make up the different segments of the energy supplements market. Supermarkets and hypermarkets sell a variety of energy supplements at affordable costs. Additionally, they have a sizable customer base, which makes them a popular option for buyers. Convenience stores have extended hours and are situated close to residential neighborhoods. Numerous energy supplements that are intended for particular goals, like weight loss, muscle growth, and energy enhancement, are available in specialty stores. A large selection of energy supplements are available at affordable prices through online sales channels.
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Energy Supplements Market Key Players
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.
South America:
16. Nutrilite
17. Nutrimed
18. Pronat Indústria e Comércio de Alimentos Ltda.
19. NeoLife International
20. Usana Health Sciences, Inc.
Middle East and Africa:
21. Swiss Arabian Perfumes Group
22. Nutrition Valley
23. Vitaspace
24. Fitness Fuel Factory
25. BPI Sports
26. MuscleTech
Key questions answered in the Energy Supplements Market are:
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