Energy Gum Market - Forecast(2021 - 2026)

 Energy Gum Market Report Overview

Energy Gum Market size in 2019 is estimated to be $93.5 million, growing at a CAGR of 7.6% during the forecast period 2020-2025. Energy Gum are also known as energy caffeinated gum which provide physical and mental stimulation and instant burst of energy. Energy gum is an energy-rich flavor-filled gum, which is a fast and effective manner to deliver instant energy to improve mental alertness. Increasing awareness towards fitness and increasing rate in sport participation are the major factors driving the growth of the market. Moreover, changing lifestyle and increasing investment in R&D activities further enhance the overall market demand for Energy Gum during the forecast period 2020-2025.


Report Coverage
The report: “Energy Gum Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Energy Gum Market:

By Flavor: Mint Flavor, Fruit Flavor, and Others
By Application : Fitness Training/Exercising, and Others
By Distribution Channel: Supermarkets, Convenient Stores, Specialty Retailers, Online Stores, and Others
By Geography: North America, Europe, Asia-Pacific, and Rest of the World


Key Takeaways
  • In 2019, North America dominates the Energy Gum Market owing to increasing in health awareness and higher participation rate of youngsters in sports.
  • Increasing awareness towards fitness and increasing rate in sport participation is driving the market growth of energy gum. 
  • Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the Energy Gum market report.
  • High cost of raw materials and availability of alternative products are challenging the growth of the market. 


Application - Segment Analysis
Based on the Application, Energy Gum Market is segmented into Fitness Training/Exercising, and Others. The Fitness Training/Exercising segment is forecast to be the fastest-growing segment and is projected to grow at a CAGR of 6.4% during the forecast period 2020-2025. This is mainly owing to increasing the participation in fitness activities and increase in consumption of energy supplements. Moreover, increasing the need of fast energy boosters are contributing to the growth of this segment.


Distribution Channel - Segment Analysis
Based on the Distribution Channel, Energy Gum Market is segmented into Supermarkets, Convenient Stores, Specialty Retailers, Online Stores, and Others. In 2019, online stores held the largest share in the Energy Gum market. This is mainly owing to increasing the popularity of e-commerce and changing in purchasing habits. Moreover, availability of anytime purchasing facility and increasing busy schedule and is also contributing to the growth of this segment.


We also publish more than 100 reports every month in "Food and Beverage”, Go through the Domain if there are any other areas for which you would like to get a market research study."
Location: United States

Comments

Post a Comment

Popular posts from this blog

Printed Tape Market - Forecast(2021 - 2026)

  Printed Tape Market  Overview Printed tape market size is forecast to reach  $38.4 billion by 2026 , after growing at a  CAGR of 5.9% during 2021-2026 . Printed tapes can help in spotlighting company, product or logo and can be also used as an alternative for printed cartons in tapes, owing to the printed tape market is witnessing an increase in demand. These printed tapes are hot melt and have fast adhesive strength of synthetic rubber even in lower temperatures as compared to acrylic adhesive, which is more resistant to aging and UV radiation. However, it also gives free professional design assistance, alignments, and quality checks at every step which makes the seller feel protective towards their product and avoids black-marketing. Growing public interest towards printed tapes for packaging will further enhance the overall market demand for Printed tape during the forecast period. Covid Impact The worldwide spread of the COVID-19 pandemic has disrupted the trad...
Read more

Pet Care Market - Forecast(2021 - 2026)

  Pet Care Market Overview: According to the European Pet Food Industry Federation (FEDIAF), the daily diet requirement for a dog and a cat are 37 and 40 nutrients respectively. [1]  This daily requirement of nutrients is largely fulfilled by canned pet foods which throws light on the essentiality of pet products in modern-day life. Pet care is a lucrative market growing rampantly in U.S. and U.K. owing to growing instances of pet ownership in these regions. The pet care market also includes items for pet grooming, pet accessories, pet shops, pet essentials, pet care clinics, pet care insurance, and many others. As a result of this increase in pet adoption, consumers are now spending colossal amounts of their income on pet care thereby ballooning the demand for pet products. Furthermore, ease of pet training and grooming facilities has considerably boosted the global pet care market which offered opportunities worth $125 billion as of 2018. During the forecast period 2019-2025...
Read more

Occupant Classification System Market - Forecast(2021 - 2026)

Image
  Occupant Classification System Market Overview The global Occupant Classification System Market size is estimated to surpass  $1.1 billion mark by 2026  growing at a projected CAGR of more than  6.2%  during the forecast period 2021 to 2026. The surging demand for road safety in automobiles pertaining to driver safety and stringent government regulations related to occupant safety will boost the Occupant Classification Systems market. The market is driven by declining prices of the safety systems in passenger vehicles. The market is also driven by increasing number of accidents and stringent government regulations & policies. The automotive sector has seen a growing inclination towards the safety and comfort of the passenger over the years. This focus on safety of the passengers/driver is illustrated by the steps taken by automotive manufacturers, such as introduction of seat belt tensioners, air-bags and  ABS (anti-lock braking)  in the vehicles...
Read more