The energy gel product market is evaluated to be sized at USD 684.54 million in 2024. During the period from 2024 to 2034, the market is expected to progress at a promising clip, registering a CAGR of 7.6%. By 2034, the energy gel product market is anticipated to have reached USD 1,412.23 million.
Energy Gel Product Market Analysis:
Attributes | Details |
---|---|
Energy Gel Product Market Value for 2024 | USD 684.54 million |
Projected Market Value for 2034 | USD 1,412.23 million |
Value-based CAGR of Market for 2024 to 2034 | 7.6% |
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Fruit flavor energy gel products are preferred by a vast number of consumers. Hypermarkets/supermarkets are the predominant place where consumers are obtaining energy gel products.
Fruit flavor energy gel products are expected to account for 33.7% of the market share by flavor in 2024. Some of the factors influencing the progress of fruit flavor energy gel products are:
Attributes | Details |
---|---|
Top Flavor | Fruit Flavors |
Market Share (2024) | 33.7% |
Hypermarkets/supermarkets are anticipated to account for 32.3% of the market share by sales channel in 2024. Some of the reasons for the progress of hypermarkets/supermarkets sales of the product are:
Attributes | Details |
---|---|
Top Sales Channel | Hypermarkets/supermarkets |
Market Share (2024) | 32.3% |
The Asia Pacific is emerging as a significant hub for the region due to its notable fitness culture. The increasing urban population of the region is also contributing to the market’s acceleration in the region.
Europe’s ever-continuing sports culture helps the market’s cause in the region. The lives of customers in the region getting increasingly busy is also propelling the demand for energy-boosting products in the region, including energy gel products.
Countries | CAGR (2024 to 2034) |
---|---|
Poland | 11.3% |
Russia | 8.9% |
Japan | 9.5% |
China | 8.5% |
South Korea | 10.3% |
The CAGR of the market for the forecast period in Poland is anticipated to be 11.3%. Some of the factors influencing the growth of the market in the country are:
The market is expected to have a CAGR of 8.9% in Russia through 2034. Some of the factors responsible for the growth of the market are:
The market is expected to progress at a CAGR of 9.5% in Japan for the forecast period. Some factors influencing the progress are:
The market is expected to progress at a CAGR of 8.5% in China throughout the forecast period. Some factors influencing the progress are:
The market is expected to progress at a CAGR of 10.3% in South Korea. Some factors influencing the progress are:
Market players in the energy gel product landscape are taking the help of celebrity endorsements to expand their reach. The development of new products to keep an ever-widening roster available to consumers is concentrated on by market players.
Fitness brands are entering the energy gel product market, sensing the opportunities lurking in it. Collaborative as well as acquisition strategies are being practiced by market players.
Recent Developments in the Energy Gel Product Market
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The size of the energy gel product market is estimated to be USD 684.54 million in 2024.
The energy gel product market is expected to increase at a CAGR of 7.6% over the forecast period.
The energy gel product market is expected to register a CAGR of 8.5% in China over the period from 2024 to 2034.
The energy gel product market is forecasted to have reached a size of USD 1,412.23 million by 2034.
Energy gel products made from various fruit flavors and dietitians recommending the product to be a part of diets are two of the trends in the energy gel product industry.
Advanced Food Concepts, Inc., Nutrition Works Ltd, Boom Nutrition Inc., and Clif Bar & Company are some of the prominent companies in the energy gel product market.
Fruit flavor is the top flavor in the energy gel product market, with an estimated market share of 33.7% in 2024.
The energy gel product market is expected to register a CAGR of 9.5% in Japan over the period from 2024 to 2034.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Flavour Type 5.1. Fruit 5.1.1. Orange 5.1.2. Strawberry 5.1.3. Raspberry 5.1.4. Lemon 5.2. Vanilla 5.3. Chocolate 5.4. Others 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Distribution Channel 6.1. Supermarket/Hypermarket 6.2. Specialty Store 6.3. Online Store 6.4. Others 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Advanced Food Concepts, Inc. 17.2. Nutrition Works Ltd 17.3. Boom Nutrition Inc. 17.4. Clif Bar & Company 17.5. EN-R-G Foods, LLC 17.6. Gatorade Company, Inc. 17.7. Hammer Nutrition Ltd. 17.8. Powerbar Inc. 17.9. Zipvit Ltd. 17.10. Scientific Sports Nutrition (Pty) Ltd. 18. Assumptions & Acronyms Used 19. Research Methodology
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