Press release
Energy Supplements Market to Reach $134.8 Billion by 2029, Driven by Growing Health Awareness and Innovation
Energy Supplements Market
Energy supplements, available in various forms such as capsules, tablets, powders, and beverages, are formulated with ingredients like vitamins, minerals, caffeine, amino acids, and herbal extracts. These products are designed to enhance energy levels and combat fatigue, catering to consumers seeking convenient and healthy options for maintaining vitality.
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What are Energy Supplements Market Dynamics?
Increased awareness about health and well-being among consumers.
Growing preference for convenient and healthy food and beverage choices.
Rising interest in sports and fitness activities, fueling demand for energy supplements.
Aging population driving the need for supplements to combat age-related fatigue.
Surging demand for supplements claiming to boost mental focus and cognitive performance.
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Energy Supplements Market Segmentation?
by Product Type
Energy drinks
Energy gels
Energy bars
The Energy Supplements Market is divided into four product categories: Energy drinks are the most widely used type of energy supplement, accounting for more than 50% of the market.
by End User
Adults
Teenagers
Kids
The Energy Supplements Market is divided into three end user groups: Adults, Teenagers, and Children. In 2022, the adult market segment will command a market share of over 55%. Adults are more likely to be physically active, participate in sports, and do other things that call for a lot of energy. Teenagers' academic performance, focus, and mental alertness are all improved by energy supplements.
by Sales Channel
Hypermarkets and Supermarkets
Convenience Stores
Specialty Stores
Online Channel
The Energy Supplements Market is divided into four categories based on the sales channel: Hypermarkets and Supermarkets, Convenience Stores, Specialty Stores, and Online Channel. Many different energy supplements are available at affordable costs in supermarkets and hypermarkets.
Who are Energy Supplements Market Key Players?
North America: 1. GNC Holdings Inc. 2. Abbott Laboratories 3. Red Bull GmbH 4. The Coca-Cola Company 5. PepsiCo Inc. 6. Amway Corporation
Europe: 6. Nestlé S.A. 7. Glanbia plc 8. Vitabiotics Ltd. 9. BioTechUSA 10. Olimp Laboratories
Asia Pacific: 11. Herbalife Nutrition Ltd. 12. Yakult Honsha Co., Ltd. 13. Bio-Engineered Supplements and Nutrition, Inc. (BSN) 14. MusclePharm Corporation 15. Swisse Wellness Pty Ltd.
South America: 16. Nutrilite 17. Nutrimed 18. Pronat Indústria e Comércio de Alimentos Ltda. 19. NeoLife International 20. Usana Health Sciences, Inc.
Middle East and Africa: 21. Swiss Arabian Perfumes Group 22. Nutrition Valley 23. Vitaspace 24. Fitness Fuel Factory 25. BPI Sports 26. MuscleTech
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Regional Insights:
North America leads the market with a 38% share in 2022, driven by established brands and fitness culture.
Asia Pacific is poised for rapid growth due to increasing disposable income and changing lifestyles.
Europe witnesses growth from the fitness industry, aging population, and interest in organic products.
South America experiences rising demand due to health consciousness and sports popularity.
Middle East & Africa sees growth driven by urbanization and health awareness.
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