Global Energy Gel Products Market: Overview
The main reason for the consumption of the energy gel products is getting instant energy for performing extensive workouts and exercise, which is generally required for swimming, running, cycling, and triathlons. The main component by which these energy gels are made are carbohydrates. All the brands that produce energy gels do not contain protein or fats; it consists of complex carbohydrates. They try and keep low levels of simple sugars. The carbohydrates are absorbed into the blood when the energy gel is consumed into the body to supply the body with the required calories.
Global Energy Gel Products Market: Segmentation
The market for energy gel products is globally fragmented into distribution channel and flavors. Based on the distribution channel, the global market is segregated into convenience stores, online store, supermarkets/hypermarkets, and medical stores. The segment that holds the highest share in the global market is online stores. Supermarkets/hypermarkets stores segment is also contributing a good share in the global market. Based on the flavors, the market is categorized into chocolate, vanilla, fruits, and others. The fruit segment holds the major share in the market which is followed by the vanilla flavor.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Global Energy Gel Products Market: Growth Factors
The recent trend and the demand for instant energy among the consumers are driving the energy gel product market growth. Both instant energy and promotion of recovery are gained with the help of energy gel products. In the sports sector, energy gels have gained a significant amount of popularity as it provides nutrition, which helps the athletes in boosting their energy levels in order to do prolonged exercises. The additional benefit of consuming energy gel products are they are easy to carry and is easily absorbed into the blood providing energy instantly. The consumption of the energy gel products are always considered to be safe owing to the fact that it doesn’t have any side effects and during the performance doesn’t cause stomach ache.
Global Energy Gel Products Market: Regional Analysis
The global energy gel products market is regionally diversified into Latin America, the Middle East & Africa, Western Europe, Eastern Europe, North America, and Asia Pacific. The region that is dominating the energy gel products market is North America. The key reason for this dominance is that this region is the major consumer and the producer of the energy gel products. The market in the Asia Pacific region is developing at a good speed owing to the major revenue that is generated by the developing countries such as India, China, and Australia. In terms of revenue, the second place is held by the European region in the energy gel products market.
Global Energy Gel Products Market: Competitive Players
The key market players that are involved in the energy gel products include CarbBoom Energy Gel, Clif Shot Energy Gel, Honey Stinger Natural Energy Gel, GUEnergy Gel, PowerGel, and Getorade.
Global Energy Gel Products Market: Regional Segment Analysis
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