Energy Gel Products Market to Surpass a Valuation of US$ 1,575.0Mn by 2032 Owing to the Fruit Segment: ChemView Consulting

Energy Gel Products Market Overview

According to a recent survey conducted by ChemView Consulting, the Global Energy Gel Products Market grew at a CAGR of 6.2% between 2017-2021 and is estimated to be US$ 793.2Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 7.1% and is expected to reach a valuation of US$ 1,575.0Mn by 2032 end.

Global population growth is driving a surge in demand for food goods. Additionally, the population’s propensity for immediate energy goods, particularly among young people, and the rising level of awareness about the advantages of energy gel products are some key drivers of the market’s expansion.

However, there are a variety of alternatives to energy gels because the food and beverage business is so large and has so many companies producing nutraceuticals. The market for energy gels is growing as more sporting events occur worldwide. Over the forecast period, the market is expected to grow due to the rising demand for organic energy products and the expanding popularity of online shopping.

ChemView Consulting has analyzed that according to the industry’s 10-year estimate, the flavor type associated with the fruit flavor category is expected to keep market demand over US$ 592.2 billion. By 2032, the end of the forecast period, at least 3.9 lac units in this segment are predicted to be available.

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Orange can be further separated into hues like berry, red, and pink. In the following ten years, the orange market is anticipated to outpace the global market, rising from over $ 200 million in 2023 to over US$1 billion by 2032. More people consuming this fruit has greatly impacted the segment’s long-term growth. Compared to the assessment period, it occurs in larger volumes over the years.

Segments Covered in Report

By Flavor Type:

  • Fruit
  • Orange
  • Strawberry
  • Raspberry
  • Lemon
  • Vanilla
  • Chocolate
  • Others

By Distribution Channel:

  • Supermarket/hypermarket
  • Specialty Store
  • Online Store
  • Others

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Key Takeaways from the Energy Gel Products Market

  • Based on the flavor type, the fruit segment is increasing in demand in the anticipated period.
  • Based on the region, with a share of 33.4%, the North American region is anticipated to lead the market. Due to its expanding population of sports enthusiasts and high fitness and health consciousness, the US is the main contributor to the growth of the regional industry.

Competition Summary

Key companies covered in the market study are Advanced Food Concepts, Inc., Nutrition Works Ltd, Boom Nutrition Inc., Clif Bar & Company, EN-R-G Foods, LLC, Gatorade Company, Inc., Hammer Nutrition Ltd., Powerbar Inc., Zipvit Ltd, Scientific Sports Nutrition (Pty) Ltd

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Report Key Highlights and Coverage

  • Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
  • Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
  • The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
  • Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
  • Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
  • Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
  • Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
  • Key drivers, restraints, opportunities, and emerging trends impact market growth.
  • Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
  • Strategic market analysis, recommendations, and future headways on crucial winning strategies.

About ChemView Consulting

ChemView Consulting is a leading information, market intelligence, and business consulting firm serving clients worldwide in Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging domains. In their business transformation journey, we have collaborated with global enterprises, including 70% of the largest Forbes 1000 enterprises, helping them deliver on their business ambitions. ChemView Consulting serves clients in approximately 100 countries, with its office in New York, U.S., and Pune, India.

What sets ChemView Consulting apart?

  • Full-time research experts and subject matter experts
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