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.
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Energy Supplements Market Report Scope and Research Methodology
The portfolio, technology adoption, financial standing, merger and acquisition, joint ventures and strategic alliances are involved in the competitive environment for the Energy Supplements market. The report is an in-depth analysis of the Energy Supplements market provided with key findings including Pricing, investments, expansion plans, and physical presence in the Energy Supplements market. The bottom-up approach was used to understand the Energy Supplements market size estimation and growth rates in the report. The report provides information on the drivers, restraints, opportunities and challenges of the Energy Supplements market.
The Energy Supplements Market report portrays the scope of the industry, including the segmentation by product type and end-use industry, and examines various emerging opportunities while analyzing supply chain dynamics with market size estimates, growth, and competition including soil survey. The research method gathers large amounts of data into a brief survey using primary and secondary data collection, rigorous research methods, quality assurance procedures, and ethical considerations, and provides users gain insights that can be used for informed decisions in the Energy Supplements industry.
Energy Supplements Market Regional Insights
Regional analysis is conducted to assess the status of the Energy Supplements market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a comprehensive analysis of several factors such as market size, growth rate, and import-export activities, across different regions. The Energy Supplements market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area.
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
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Key questions answered in the Energy Supplements Market are:
- What is Energy Supplements ?
- What was the Energy Supplements market size in 2023?
- What is the growth rate of the Energy Supplements Market?
- Which are the factors expected to drive the Energy Supplements market growth?
- What are the different segments of the Energy Supplements Market?
- What growth strategies are the players considering to increase their presence in Energy Supplements ?
- What are the upcoming industry applications and trends for the Energy Supplements Market?
- What segments are covered in the Energy Supplements Market?
- Who are the leading companies and what are their portfolios in Energy Supplements Market?
- What segments are covered in the Energy Supplements Market?
- Who are the key players in the Energy Supplements market?
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Key Offerings:
- Market Size, Share, Size Forecast by Different Segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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