Worldwide Sales Of Energy Supplement market Is Slated To Accelerate At A CAGR Of 6.4% By 2031 | AMR

According to a new report published by Allied Market Research, titled, "Energy Supplement Market," The energy supplement market was valued at $83.5 billion in 2021, and is estimated to reach $152.5 billion by 2031, growing at a CAGR of 6.4% from 2022 to 2031.

Energy drinks and gels are specialized nutrition products that are designed to boost performance. An energy drink is a beverage that is marketed as being able to improve mental clarity and physical performance and contains high concentrations of a stimulant ingredient typically caffeine along with sugar and frequent supplements, such as vitamins or carnitine.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐓𝐡𝐞 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐎𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/request-sample/17257

Market Drivers And Growth:

According to the energy supplement market analysis, by product type, energy drink gained a major share in the global market in 2021 and is expected to sustain its market share throughout the energy supplement market forecast period 2022-2031. The popularity of energy drinks, as they provide instant energy along with mental and physical stimulation is the key reason for market growth. Moreover, the surge in health consciousness along with a change in consumer lifestyle and rise in awareness toward health wellness products are expected to fuel the energy supplement industry growth.

Key Players Included In This Report:

The players operating in the energy supplement industry have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Herbalife international of Brighter Foods Ltd, Kind LLC, McKee Foods Corporation, NuGo Nutrition, Premier Nutrition Inc, Probar LLC, Quest Nutrition, The Kellogg Company, AriZona Beverage Co., Living Essentials, LLC, National Beverage Corp., Rockstar, Inc., Suntory Holdings Limited, and The Coca-Cola Company.

𝗚𝗲𝘁 𝗬𝗼𝘂𝗿 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲𝗱: https://www.alliedmarketresearch.com/request-for-customization/17257

KEY FINDINGS OF THE STUDY

-> The energy supplement market size was valued at $83,456.3 million in 2021, and is estimated to reach $152,468.5 million by 2031, registering a CAGR of 6.4% from 2022 to 2031.
-> By end user, the teenagers segment is estimated to witness the significant growth, registering a CAGR of 7.1% during the forecast period.
-> In 2021, depending on sales channel, the hypermarket and supermarket segment was valued at $37,995.6 million, accounting for 45.5% of the global energy supplement market share.
-> In 2021, the U.S. was the most prominent market in North America, and is projected to reach $31,943.4 million by 2030, growing at a CAGR of 5.4% during the forecast period.

𝗟𝗜𝗠𝗜𝗧𝗘𝗗-𝗧𝗜𝗠𝗘 𝗢𝗙𝗙𝗘𝗥 - 𝗕𝘂𝘆 𝗡𝗼𝘄 & 𝗚𝗲𝘁 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.alliedmarketresearch.com/checkout-final/6b8612e186f3e846c05fb4ec07729369

Check out more related studies published by AMR Research:

Protein Alternatives Market - https://www.openpr.com/news/2883409/protein-alternatives-market-growing-at-a-cagr-of-16-2

Soy Protein Isolate Market - https://www.openpr.com/news/2817842/soy-protein-isolate-market-worldwide-industry-growth-top-key

Hemp Tea Market - https://www.einpresswire.com/article/599272578/hemp-tea-market-size-worth-392-8-million-globally-by-2031-exhibiting-a-cagr-of-22-1-by-2031

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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