The Energy Gel Products Market will be worth approximately USD 637 million in 2022. The market has been growing at a CAGR of 8% between 2022 and 2032, reaching a value of USD 1,349.9 billion.
A new research publication titled “Energy Gel Products Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2022-2032)” by Future Market Insights focuses on various market acumen on developments, trends, key players, growth drivers, and forecasts across important regions. A detailed market segmentation is carried out which explores every angle of the energy gel products market.
Awareness based marketing, increased retail shelf visibility, improvement of energy gels, growing demand for combination flavors, rising preference for gels over energy drinks and clean label products are few of the trends observed in the global energy gel market.
Request a Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-3069
The growth of the global energy gel market has been impacted by various factors which drive the growth, to name a few, the increasing health awareness which has spurred the consumption of energy drinks and energy gels, rising demand for flavoured energy gels, enhanced overall supply chain, rising demand for beverages, rise in domestic population coupled with high consumer preference for energy gel products, improved retailing, rising expenditure on research and development supported by government initiatives, high demand for premium products, and healthy eating habits with rising per capita income have impacted the global energy gel market in a positive way.
However, certain aspects such as high working population which decreases the scope of consumption of energy gel, high competition, fluctuation in input costs, high production costs and improper sync between demand and supply have a restraining effect on the growth of the global energy gel market.
Global Energy Gel Products Market: Forecast
The global energy gel market is anticipated to grow at a robust rate during the assessment period. The global market is expected to grow at a value CAGR of 7.8% to reach a market evaluation of about US$ 1 Bn in 2027 from an evaluation of US$ 477 Mn in 2017. This market has seen a significant growth path since 2012.
Global Energy Gel Products Market: Key Segmental Highlights
The global energy gel market is segmented by flavour type (Fruit, Vanilla, Chocolate and others), by distribution channel (supermarket/hypermarket, specialty store, online store, others) and by region (North America, Western Europe, Latin America, Eastern Europe, Asia Pacific excluding Japan, Japan and Middle East and Africa). The fruit flavour type segment has been further sub segmented into orange, strawberry, raspberry and lemon.
- By distribution channel, the specialty stores segment is expected to dominate the global market in terms of high market share. It is expected to grow at a robust growth rate to reflect a value of about US$ 368 Mn by 2027.
- The supermarket/hypermarket segment by distribution channel is expected to grow at the highest growth rate during the forecast period to reflect a high CAGR of 8.7%. This segment stands second to the specialty store segment from market value standpoint and reflects high potential in the coming years
- By flavour type, the fruit segment is anticipated to lead the market with a good CAGR. The chocolate segment is poised to reflect highest CAGR of 8.7% during the period of assessment.
- North America region is expected to be the fastest growing regions followed by Western Europe, Latin America and Asia Pacific excluding Japan (APEJ). North America is poised to reflect a high CAGR of 8.5% by value during the period of assessment.
Ask Our Analyst More about Report @
https://www.futuremarketinsights.com/ask-question/rep-gb-3069
Global Energy Gel Products Market: Competitive Landscape
The global energy gel market research report has included analyses on key players in the market. The companies such as 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., and Scientific Sports Nutrition (Pty) Ltd., are profiled in this research study.
Energy Gel Products Market by Category-
By Flavour Type, Energy Gel Products Market is Segmented as:
- Fruit
- Orange
- Strawberry
- Raspberry
- Lemon
- Vanilla
- Chocolate
- Others
By Distribution Channel , Energy Gel Products Market is Segmented as :
- Supermarket/hypermarket
- Specialty Store
- Online Store
- Others
Browse Full Report@
https://www.futuremarketinsights.com/reports/energy-gel-products-market
Frequently Asked Questions
How big is the Energy Gel Products Market Market?
At What Rate is Energy Gel Products Market expected to rise?
What is the North America, Energy Gel Products Market Outlook?
Which are the major countries driving demand for Energy Gel Products Market?
At what rate will the China Energy Gel Products Market grow?
At what rate will the Germany Energy Gel Products Market grow?
At What Rate will, Energy Gel Products Market Demand Grow in Europe?
Who are the top 5 players operating in the market?
At what rate will the Mexico Energy Gel Products Market grow?
What is the demand outlook forecast for the Energy Gel Products Market?
Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market
About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers, Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Browse Other Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs