Energy Gums Market Size To Hit US$ 149.8 Million by 2028 | IMARC Group
The global energy gums market size reached us$ 93.9 million in 2022. looking forward, imarc group expects the market to reach a value us$ us$ 93.9 million by 2028, exhibiting a growth rate (cagr) of 7.94% during 2023-2028.
energy gums represent a soft, energy-rich, and flavor-filled gum that functions as an energy supplement. they are prepared by softening gum bases, which are later infused with other ingredients, such as sweeteners, color additives, softeners, caffeine, vitamins, flavoring agents, ginseng, etc. energy gums aid in improving attention, concentration, reaction time, cognitive performance, etc. they also work efficiently to enhance mental alertness and relieve the impact of sleep deprivation and tiredness on the mind and body. in addition to this, energy gums help in boosting metabolism and endurance, promote blood flow and maximum burning of calories during physical activities, increase stamina, prevent drowsiness, etc. consequently, they are widely utilized during exercising, sports, and fitness training activities.
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Energy Gums Market Trends:
the growing consumer inclination towards health and fitness supplements is primarily driving the energy gums market. additionally, the widespread adoption of physical and sporting activities is further catalyzing the market growth. besides this, the increasing number of fitness centers and the easy product availability across e-commerce platforms and supermarkets are acting as significant growth-inducing factors.
moreover, the rising utilization of energy gums, as they consist of caffeine that supports the immune system, optimize blood circulation, works as an anti-inflammatory agent, exhibit several stress-relieving properties, etc., is positively influencing the global market. apart from this, the escalating demand for natural ingredients in the formulation of energy gum is also stimulating the market growth. furthermore, the development of fruity and mint flavors that provide a refreshing taste with a sense of cooling effect and a perfuming aroma is anticipated to fuel the energy gums market over the forecasted period.
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Energy Gums Market 2023-2028 Competitive Analysis And Segmentation:
Competitive Landscape With Key Players:
the competitive landscape of the energy gums market has been studied in the report with the detailed profiles of the key players operating in the market.
Some Of These Key Players Include:
- apollo energy gum germany
- blockhead hq ltd
- first energy b.v.
- gumrunners llc
- military energy gum.
- neurogum
- rev energy gum
- simply gum inc.
- thai lotte co. ltd.
- and wug functional gums.
Key Market Segmentation:
the report has segmented the energy gums market on the basis of microstructure and end use industry.
Breakup By Product:
Breakup By Flavor:
- mint
- fruit flavor
- others
Breakup By Application:
- fitness training and exercising
- sports
- study
- business
- others
Breakup By Distribution Channel:
- online
- offline
breakup by region:
- north america (united states, canada)
- europe (germany, france, united kingdom, italy, spain, russia, others)
- asia pacific (china, japan, india, south korea, australia, indonesia, others)
- latin america (brazil, mexico, others)
- middle east and africa (united arab emirates, saudi arabia, turkey, south africa, others)
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this report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Key Highlights Of The Report:
- market performance (2017-2022)
- market outlook (2023-2028)
- market trends
- market drivers and success factors
- impact of covid-19
- value chain analysis
- comprehensive mapping of the competitive landscape
if you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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