Energy Supplements Market Competitive Strategies, Growth Drivers And Forecast To 2029
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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 analysis provides a comprehensive picture of the competition, including market share and company profiles of the global industry's top rivals. The research scope covers a complete examination of the Energy Supplements Market size, as well as the reasons for variances in the industry's growth in various places.
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Market Scope:
This research study relies heavily on secondary sources, directories, and databases, such as annual reports, press releases, journals, company websites, and databases, to find and collect appropriate excerpts.
Segmentation:
by Product Type
Energy drinks
Energy gels
Energy bars
Gummies
By Product Type, the Energy Supplements Market is segmented as Energy drinks,gels,bars and Gummies. With a market share of more than 50%, energy drinks are the most popular form of energy supplement. They are typically consumed for a quick and easy way to boost their energy levels.Energy gelsis a more in concentrated form than energy drinks and are consumed by athletes and other people who need a sustained release of energy. Energy bars is a portable and convenient way to get a boost of energy which is made with a combination of carbohydrates, protein and fat.Gummies is consumed by people looking for a sweet and convenient way to get their daily dose of energy.
by End User
Adults
Teenagers
Kids
By End User, the Energy Supplements Market is segmented as Adults, Teenagers and Kids. The adult segment holds the largest market share of over 55% in 2022. Adults are more likely to be physically active and engaged in sports and other activities that require high energy levels. Energy supplements help teenagers to improve concentration, mental alertness and academic performance.
by Sales Channel
Hypermarkets and Supermarkets
Convenience Stores
Specialty Stores
Online Channel
By Sales Channel,the Energy Supplements Market is segmented asHypermarkets and Supermarkets, Convenience Stores, Specialty Storesand Online Channel. Hypermarkets and supermarkets offer a wide range of energy supplements at competitive prices. They also have a large customer base making them a preferred choice for consumers. Convenience stores are located in close proximity to residential areas, and they are open for longer hours. Specialty stores offer a wide range of energy supplements that are designed for specific purposes such as weight loss, muscle building and energy boost. Online sales channels offer a wide range of energy supplements at competitive prices.
- Global Energy Supplements Market: Research Methodology
- Global Energy Supplements Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Energy Supplements Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Energy Supplements Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Energy Supplements Market Segmentation
- Global Energy Supplements Market, by Type (2023-2029)
- Global Energy Supplements Market, by Product (2023-2029)
- Global Energy Supplements Market, by Application (2023-2029)
- Regional Energy Supplements Market(2023-2029)
- Regional Energy Supplements Market, by Type (2023-2029)
- Regional Energy Supplements Market, by Product (2023-2029)
- Regional Energy Supplements Market, by Application (2023-2029)
- Regional Energy Supplements Market, by Country (2023-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Players:
The entire method entails an examination of the key market players' financial reports. Following the assessment of the overall market size, the market was segmented into several divisions and sub-segments and validated by key industry professionals and marketing executives. The biggest players in the Energy Supplements market are as follows:
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
Regional Analysis:
The regional description of the Energy Supplements market analysis also contains individual market influencing variables and changes in market regulations that affect current and future market trends. Current and future trends are reviewed to evaluate the overall market potential and to identify profitable trends to get a more solid footing. The geographical market evaluation is based on the current environment and anticipated trends.
COVID-19 Impact Analysis on Energy Supplements Market:
End-user industries where Energy Supplements Industry are utilized had a drop in growth from January 2023 to May 2023 in some countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant fall in the revenues of businesses operating in these industries and, as a result, in demand for Energy Supplements manufacturers, impacting the Energy Supplements market's growth in 2023. With lockdowns and an increase in COVID-19 instances throughout the world, end-user business demand for Energy Supplements has declined dramatically.
Key Questions Answered in the Energy Supplements Market Report are:
- Which segment had the largest share in the Energy Supplements market in 2023?
- What is the competitive landscape of the Energy Supplements market?
- Which are the key drivers aiding the Energy Supplements market growth?
- Which region has the maximum share in the Energy Supplements market?
- What will be the CAGR of the Energy Supplements market during the forecast period (2023-2029)?
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