The global energy gum market is anticipated to grow at a considerable CAGR of around 7.5% during the forecast period (2024-2031). The market growth is driven by the increasing demand for energy supplements among millennials including health & fitness supplements products. The rising adoption of an active lifestyle, due to the increasing incidence of cardiovascular, pulmonary, and other diseases is also contributing considerably towards market growth. Additionally, the introduction of new flavors, packaging, and ingredients is also presenting enormous growth opportunities to the industry by allowing for product differentiation
Browse the full report description of “Global Energy Gum Market Size, Share & Trends Analysis Report by Flavor (Mint, Fruit Flavor, and Others), By Application (Fitness Training/Exercising, Sports, Business and, Others) and by Distribution Channel (Online, Supermarket, Convenience Stores, Health Stores) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/energy-gum-market
The global energy gum market is segmented based on the flavor (into mint, fruit flavor, and others), application (into fitness training/exercising, sports, business, and others), distribution channel (into online, supermarkets, convenience stores, and health stores) and geographies (into North America, Europe, Asia-Pacific, and the Rest of the World).
Market Highlights
The major players in the global energy gum market include Blast Power Gum, First Energy B.V., Mars, Inc., Mondelez Global LLC, Rev Gum, Simply Gum Inc., Shantou Meiling Food Co., Ltd., and others. The market players are contributing considerably to the market growth by the adoption of various market strategies. For instance, In March 2021, Neuro Gum and Whole Foods partnered to have their mind, energy, and mood-boosting gum and mints stocked in all 500 stores. It launched the Energy & Focus gum designed to help people energize and focus, without the negative effects of sugar crashes or coffee jitters. Moreover, others are designed to optimize composure and clarity of mind to reduce feelings of anxiety and stress and are available in honey lemon and ginger chai flavors.
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