Energy Gel Products Market

Energy Gel Products Market Size Analysis

According to a recent survey conducted by ChemView Consulting, the Global Energy Gel Products Market grew at a CAGR of 6.2% between 2017-2021 and is estimated to be US$ 793.2Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 7.1% and is expected to reach a valuation of US$ 1,575.0Mn by 2032 end.

Nutritional gels, sports gels, endurance gels, and carbohydrate gels are other names for energy gels. These are packaged in single-serve, tiny plastic packets, and each one includes a stripe with a notch that can be peeled off to reveal an orifice through which the gel can be swallowed. People consume energy gels because they provide quick energy for strenuous exercise and workouts like triathlons, jogging, swimming, and cycling.

Carbohydrates are the major ingredient used to make energy gels. The ingredients in all brands of energy gels are complex carbohydrate molecules rather than lipids or proteins. When the energy gel is ingested, the carbs are converted into blood.

Market Dynamic

THE FRUIT FLAVOR SEGMENT WILL STRENGTHEN ITS DOMINANCE THROUGHOUT THE FORECAST PERIOD

According to the industry’s projected 10-year estimate, the flavor type associated with the fruit flavor category is expected to keep market demand over US$ 592.2 billion. By 2032, the end of the forecast period, at least 3.9 lac units in this segment are predicted to be available.

Starting in 2012, the fruit flavor sector has remained in kind and size ever since. The makers and distributors, who make up the complete supply chain for energy gels, have teamed up with fruit flavor sub-segments with a relatively broad range of growth. In the upcoming years, the market for fruit flavors is anticipated to soar to new heights.

PRESENCE OF COST-EFFECTIVE SUBSTITUTE PRODUCTS

However, some factors, such as a large working population, which reduces the range of energy gel intake, impact the expansion of the global market for energy gel products. The availability of inexpensive replacement products hampers the development of the energy gel market. Nevertheless, the market’s expansion impacted several aspects of the global market for energy gel products.

THE ORANGE FRUIT FLAVOR SUBSEGMENT IS EXPECTED TO SEE A 2.0X INCREASE IN VALUATION THROUGHOUT THE PREDICTION PERIOD

Orange can be further separated into hues like berry, red, and pink. In the following ten years, the orange market is anticipated to outpace the global market, rising from over $ 200 million in 2023 to over US$1 billion by 2032. The fact that more people are consuming this fruit has greatly impacted the segment’s long-term growth. Compared to the assessment period, it occurs in larger volumes over the years.

Market Segments Covered in Report

By Flavor Type:

• Fruit
• Orange
• Strawberry
• Raspberry
• Lemon
• Vanilla
• Chocolate
• Others

By Distribution Channel:

• Supermarket/hypermarket
• Specialty Store
• Online Store
• Others

By Region and Country:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
• Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
• Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Which flavor type is increasing in its demand in the anticipated period?

The fruit segment is increasing in its demand in the anticipated period.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.

• With a share of 33.4%, the North American region is anticipated to lead the market. Due to its expanding population of sports enthusiasts and high fitness and health consciousness, the US is the main contributor to the growth of the regional industry.
• The market for energy gel products is expanding in the United Kingdom. This results from the rising popularity of fitness and wellness among people. The gels offer a quick and simple solution to boost energy levels while working out.

Competition Analysis

Key companies are pursuing a range of strategies, including mergers and acquisitions, to strengthen their positions and channels of distribution within the global corporation. In addition, many important companies are developing and launching new products to increase their capacity and establish themselves in the market.

The recent developments in the Global Energy Gel Products Market:

• In July 2022, Protein Rebel started a crowdfunding campaign to generate money for the production of Maple Ignite, the first maple syrup energy gel sold in the UK. The product has only two ingredients: pure Canadian maple syrup and sea salt. With this project, the company seeks to compete with commercially available energy gel products that can cause nausea or stomach problems.
• In January 2020, GNC introduced Climb Fuel Gel to fulfill the rising demand in the APAC region. With this launch, the business hopes to extend the product selection for its GNC Climb endurance brand and get access to developing countries like those the Philippines, Australia, and Singapore. For athletes who enjoy riding or running, the product will offer rapid nourishment with the primary goals of supplying energy, endurance, and healing.

A list of some of the key suppliers present in the market are:

• Advanced Food Concepts, Inc.
• Nutrition Works Ltd
• Boom Nutrition Inc.
• Clif Bar & Company
• EN-R-G Foods, LLC
• Gatorade Company, Inc.
• Hammer Nutrition Ltd.
• Powerbar Inc.
• Zipvit Ltd.
• Scientific Sports Nutrition (Pty) Ltd.

Report Coverage and Highlights

• Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
• Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
• The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
• Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
• Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
• Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
• Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
• Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
• Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
• Strategic market analysis, recommendations, and future headways on crucial winning strategies.