Why Is There an Increasing Shift Toward Plant-Based Energy Supplements?

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Energy Supplements Market size was valued at US $ 90.33 Billion in 2023 and is forecasted to grow at a CAGR of 6.9% from 2024 to2030, reaching nearly US $144.10 Billion.

Energy Supplements Market Report Overview :

The report encompasses the latest revenue and trends within the Energy Supplements Market. It provides an introduction to the Energy Supplements market, defining its scope, structure, and strategies for proactive and pre-planned management. The report hones in on the factors that impact the Energy Supplements Market in both positive and negative ways. Additionally, it assists in gauging the prospective growth of the Energy Supplements Market in the upcoming forecast years. The report serves as a valuable tool for shaping market strategies and understanding the contextual landscape of the Energy Supplements industry.

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Energy Supplements Market Report Scope and Research Methodology :

The primary objective of the Global Energy Supplements Market report is to deliver a comprehensive analysis of the market in accessible language for stakeholders. The research has involved segmenting the Energy Supplements market into major categories, which were further subdivided into various sub-segments. The report offers a detailed examination of drivers, opportunities, restraints, and challenges within the Energy Supplements industry, segmented both regionally and by segment.

The report on the Energy Supplements Market furnishes an exhaustive analysis, incorporating historical data, insightful perspectives, facts, and statistically validated market statistics. These statistics are based on a well-founded set of assumptions and methodologies. The collection of data for the Energy Supplements market report relied on both primary and secondary research methods. This amalgamated data was meticulously analyzed to produce precise and reliable findings.

Incorporating secondary research, the report delves into annual and financial reports of leading players, while primary research involves interviews with key opinion leaders and experts within the Energy Supplements industry, including frontline personnel, entrepreneurs, and marketing professionals. The estimation of the Energy Supplements market size was achieved through a bottom-up approach. The report employs SWOT analysis to outline the strengths and weaknesses of the Energy Supplements Market, and leverages PESTLE and PORTER analyses to outline the impacts of macroeconomic and microeconomic factors on the global Energy Supplements Market.

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Energy Supplements Market Regional Insights :

Geographically, the report is segmented into several key countries, with Energy Supplements market size, growth rate, import and export of Energy Supplements market in these countries, which cover North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.

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 way 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 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.

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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

For deeper market insights, peruse the summary of the research report:https://www.maximizemarketresearch.com/market-report/energy-supplements-market/193885/ 

Key Questions answered in the Energy Supplements Market Report are:

  • What is Energy Supplements?
  • Which segment held the largest share in the Energy Supplements market?
  • Which are the key factors driving the Energy Supplements market growth?
  • Which region holds the maximum share in the Energy Supplements market?
  • What is the expected CAGR of the Energy Supplements market during the forecast period?
  • Who are the major players in the Energy Supplements market?
  • What key trends are expected to emerge in the Energy Supplements market in the coming years?

Key Offerings:

  • A detailed Analysis of the Market Overview
  • Market Share, Size & Forecast by Revenue 
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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