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Global Energy Gums Market Research Report 2022-2027:
According to the latest report by IMARC Group, titled " Energy Gums Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 20222027
," the global energy gums market reached a value of US$ 86.1 Million in 2021.
Energy gums refer to caffeine-filled sweetened energy supplements that deliver and increase energy levels effectively as per the requirement. They are primarily manufactured by softening gum bases and infusing them with additional condiments, including vitamins, color additives, caffeine, taurine, sweeteners, ginseng, and guarana. Energy gum helps stimulate brain nerve systems for better focus, concentration, and alertness, reduce fatigue by blocking the adenosine receptor, and promote blood flow. Along with this, energy gum aids in recovering energy and muscle pain, enhancing endurance, boosting metabolism, optimizing stamina, burning maximum calories during exercising or sporting activities, and improving the overall performance of an individual. Based on these properties, energy gum is extensively consumed by sportspersons as a pre-workout while performing exercises and physical activities.
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The increasing participation in various physical and sporting activities due to rising health concerns and the widespread adoption of multiple fitness supplements by sports enthusiasts are primarily driving the energy gum market growth. This is further supported by the growing consumer awareness regarding various anti-inflammatory and stress-relieving properties. In line with this, the ongoing establishment of fitness centers across the globe and the increasing need for instant energy for enhancing overall performance during exercise and sports activities is also supplementing the product demand in the market. Additionally, the extensive product innovations by manufacturers, such as the advent of various exotic-flavor-infused energy in gums in mint and fruity taste profiles, are acting as another growthinducing factor. Such flavored product variants offer a cooling effect and a sense of refreshment and aroma, which aids in catering to evolving consumer preferences. Furthermore, the shifting consumer inclination toward online distribution channels over traditional brick-and-mortar shopping to purchase energy gums at cost-effective prices, especially during the COVID-19 pandemic, is supporting the market growth. Other factors, such as changing lifestyles, constant monitoring of caffeine utilization in the product, and strategic collaborations amongst key players to launch several product variants in effective packaging, are creating a positive outlook for the market.
Looking forward, IMARC Group expects the market to reach US$ 138.62 Million by 2027, exhibiting at a CAGR of 8.10% during 2022-2027.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/energy-gums-market
Key Market Segmentation
The research report includes the following segments:
Breakup by Flavor:
• Mint
• Fruit Flavor
• Others
Breakup by Application:
• Fitness Training and Exercising
• Sports
• Study
• Business
• Others
Breakup by Distribution Channel:
• Online
• Offline
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Competitive Landscape with Key Players:
• 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
• WUG Functional Gums
1. What was the size of the global energy gums market in 2021?
2. What is the expected growth rate of the global energy gums market during 2022-2027?
3. What has been the impact of COVID-19 on the global energy gums market?
4. What are the key factors driving the global energy gums market?
5. What is the breakup of the global energy gums market based on the flavor?
6. What is the breakup of the global energy gums market based on the application?
7. What is the breakup of the global energy gums market based on the distribution channel?
8. What are the key regions in the global energy gums market?
9. Who are the key players/companies in the global energy gums market?
Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/energy-gums-market/toc
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