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Energy Supplements Market Overview 2020-2023: Forecast Market Size, Top Trends and Opportunities as Per the Business Research Company's - US$ 25 Bn Global Market Report 2031
Energy Supplements Market
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=66263
Key Players and Market Developments
Key players of Energy Supplements Market are PepsiCo, Inc., Glanbia plc, GNC Holdings Inc, Monster Beverage Corporation, Herbalife Nutrition Ltd, Amway Melaleuca Inc, Forever Living, AdvoCare, USANA Health Sciences, Inc, Young Living Essential Oils, Vitaco Health Limited, DoTerra International, LLC, Nature's Sunshine Products, Inc, Red Bull, Herbaland, Seattle Gummy Company, GU Energy Labs
Impact of COVID-19 on Consumer Behavior:
The COVID-19 pandemic has spurred a heightened awareness of health and wellness among consumers, leading to a surge in demand for immune-boosting supplements. Vitamin C-rich energy drinks have gained popularity as individuals seek to protect themselves from the virus. While the efficacy of supplements in combating COVID-19 remains uncertain, their over-the-counter availability and perceived health benefits have translated into significant revenue streams for manufacturers.
Shift Towards Sugar-Free and Environmentally Friendly Products:
The market is witnessing a shift towards sugar-free energy drinks compounded with B-group vitamins, caffeine, and taurine. Moreover, brands are increasingly adopting environmentally friendly practices, utilizing 100% recycled aluminum cans to bolster their credibility and appeal to eco-conscious consumers. Energy drink brands are also focusing on innovative packaging and storage solutions to enhance product visibility and sustainability.
Focus on Natural Ingredients and Gut-Friendly Formulations:
Consumers are gravitating towards energy supplements formulated with natural ingredients and botanicals, such as yerba mate, Schisandra, and green tea. Companies are investing in research and development to develop energy gels and drinks that are gut-friendly and offer optimum nutrition for sports and fitness activities. Additionally, the incorporation of herbal and botanical ingredients aligns with the growing demand for clean label products among health-conscious consumers.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ | ๐๐ฆ๐ฆ๐๐๐ข๐๐ญ๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐ญ - https://www.transparencymarketresearch.com/checkout.php?rep_id=66263
About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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