Energy Gums Market Overview:
The latest research study “Energy Gums Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global energy gums market size reached US$ 86.1 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 138.62 Million by 2027 exhibiting a CAGR of 8.10% during 2022-2027.
Energy gums refer to flavor-filled gums that function as energy supplements. They are prepared by softening gum bases, which are later infused with other ingredients, such as flavoring agents, sweeteners, color additives, caffeine, vitamins, ginseng, etc. Energy gums assist in improving concentration, reaction time, attention, cognitive performance, etc. They also work efficiently to enhance mental alertness and focus as well as relieve the impact of sleep deprivation and tiredness on the mind and body. In line with this, energy gums aid in boosting metabolism and endurance, increasing stamina, promoting blood flow and maximum burning of calories during physical activities, preventing drowsiness, etc. Consequently, they are extensively utilized during sports, exercises, fitness training activities, etc.
Covid-19 Impact Analysis:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Energy Gums Market Trends and Drivers:
The rising consumer inclination toward health and wellness is primarily driving the energy gums market. Additionally, the growing participation in physical activities is propelling the product demand among trainers to seek instant energy.
Besides this, the widespread adoption of natural ingredients in the formulation of energy gums and their easy availability across e-commerce platforms and supermarkets are acting as significant growth-inducing factors. Moreover, energy gums consist of caffeine that works as an anti-inflammatory agent, supports the immune system, optimizes blood circulation, exhibits various stress-relieving properties, etc., which is positively influencing the global market.
Apart from this, the introduction of fruity and mint flavors that offer a refreshing taste with a sense of cooling effect and a perfuming aroma is anticipated to fuel the energy gums market over the forecasted period.
Energy Gums Market Report Scope
Report Coverage
Details
Market size value in 2021
US$ 86.1 Million
Market forecast in 2027
US$ 138.62 Million
Growth Rate
CAGR of 8.10% from 2022 to 2027
Base year for estimation
2021
Historical data
2016-2021
Forecast period
2022-2027
Report coverage
Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered
Flavor, Application and Distribution Channel.
Regional scope
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Key companies profiled
Apollo Energy Gum Germany, Blockhead HQ Ltd, First Energy B.V., GumRunners LLC, Military Energy Gum., NeuroGum, Rev Energy Gum, Simply Gum Inc., Thai Lotte Co. Ltd. and WUG Functional Gums
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Flavor:
Breakup by Application:
Breakup by Distribution Channel:
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
•Middle East and Africa
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List of Major Key Players:
The major players in the market are Apollo Energy Gum Germany, Blockhead HQ Ltd, First Energy B.V., GumRunners LLC, Military Energy Gum., NeuroGum, Rev Energy Gum, Simply Gum Inc., Thai Lotte Co. Ltd. and WUG Functional Gums
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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