About Energy Supplements
Energy Supplements are the products made from different ingredients for providing consumers energy boost for their lifestyle. The supplements can be in form of premix powders, candy, beverages, and other forms. The rising popularity of vegan energy supplements is reason for the growth in market. Innovations and Product Development are the main Focusing point for the manufacturers.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
PepsiCo, Inc. (United States), Glanbia plc (Ireland), GNC Holdings Inc. (United States), Monster Beverage Corporation (United States), Herbalife Nutrition Ltd. (United States), Amway Melaleuca Inc. (United States), Forever Living (United States), AdvoCare (United States), USANA Health Sciences, Inc. (United States) and Young Living Essential Oils (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Vitaco Health Limited (New Zealand), DoTerra International, LLC (United States), Nature's Sunshine Products, Inc. (United States) and Lupin (india).
Segmentation Overview
AMA Research has segmented the market of Global Energy Supplements market by , Application (Individual, Healthcare Centers and Others) and Region.
On the basis of geography, the market of Energy Supplements has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Rest of Europe), MEA (Saudi Arabia, Turkey, Israel, United Arab Emirates, South Africa, Rest of Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Form, the sub-segment i.e. Powder will boost the Energy Supplements market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Plastic Bottle will boost the Energy Supplements market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Energy Supplements market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flavour, the sub-segment i.e. Chocolate will boost the Energy Supplements market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introducing Unique Fruit Flavors and Unique Products with Premium Packaging
Market Growth Drivers:
Rise in Demand for the Healthy Food and Supplements by The Consumers for sustaining the Exhausting Lifestyle
Challenges:
Availability of Cheaper Substitutes like Natural Fruit Juices and Home-Made Recipes
Restraints:
Rising Awareness About the Side Effects of Artificial Supplements
Opportunities:
Rise in Demand for the Energy Supplements in Fitness Industry and Sugar-free and Rising Celebration Culture Requiring Energy Drinks
Market Leaders and their expansionary development strategies
In 2020, United Sports Brands has acquired energy supplements producer Glukos Energy. This acquisition will provide the Glukos brand access to the resources and infrastructure allowing it to expand and grow while continuing to provide the best sports nutrition.
In 2020, Lupin, an India based nutraceutical company launched a new ayurvedic energy supplement for men called Be One. It contains 100 per cent ayurvedic natural ingredients including ashwagandha, shatavari and shilajit that boost energy levels and improve immunity.
Key Target Audience
Energy Supplements Manufacturer, Distributors/Supplier, Raw Material Manufacturer, Research Institutes, End User Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.