The Energy Gel Products Market Size accounted for USD 624.1 Million in 2023 and is estimated to achieve a market size of USD 1,217.8 Million by 2032 growing at a CAGR of 7.8% from 2024 to 2032.
Energy Gel Products Market Highlights
- Global energy gel products market revenue is poised to garner USD 1,217.8 million by 2032 with a CAGR of 7.8% from 2024 to 2032
- North America energy gel products market value occupied around USD 218.4 million in 2023
- Asia-Pacific energy gel products market growth will record a CAGR of more than 9% from 2024 to 2032
- Among flavor type, the fruit sub-segment generated over US$ 243.4 million revenue in 2023
- Based on distribution channels, the online store sub-segment generated notable energy gel products share in 2023
- Expanding markets in developing regions with rising disposable incomes is a popular energy gel products market trend that fuels the industry demand
Energy gels, also referred to as nutritional gels, sports gels, endurance gels, or carbohydrate gels, come in single-serve, small plastic packets. Each packet has a strip with a small notch at the top that can be peeled to reveal an opening through which the gel can be consumed. The primary reason for consuming energy gels is that they provide instant energy for intensive exercises and workouts such as cycling, running, swimming, and triathlons. The main ingredient in energy gels is carbohydrates. All brands that produce energy gels do not include fats or protein; they consist of complex carbohydrate compounds. When consumed, the carbohydrates are absorbed into the bloodstream to supply the body with the necessary calories.
Global Energy Gel Products Market Dynamics
Market Drivers
- Rising fitness consciousness
- Increasing growth in endurance sports
- Growing convenience and portability demand
- Expanding popularity of adventure sports and outdoor activities
Market Restraints
- Taste and texture concerns rising
- Growing digestive sensitivity awareness
- Price point challenges increasing
Market Opportunities
- Rising demand for natural and organic formulations
- Increasing interest in customization and personalization
- Growing trend towards plant-based and vegan options
Energy Gel Products Market Report Coverage
Market |
Energy Gel Products Market
|
Energy Gel Products Market Size 2022 |
USD 624.1 Million |
Energy Gel Products Market Forecast 2032 |
USD 1,217.8 Million |
Energy Gel Products Market CAGR During 2023 - 2032 |
7.8% |
Energy Gel Products Market Analysis Period |
2020 - 2032 |
Energy Gel Products Market Base Year
|
2022 |
Energy Gel Products Market Forecast Data |
2023 - 2032 |
Segments Covered |
By Flavor Type, By Distribution channel, And By Geography
|
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
CarbBoom Energy Gel, Clif Shot Energy Gel, Honey Stinger Natural Energy Gel, GUEnergy Gel, Getorade, Advanced Food Concepts, Inc., Nutrition Works Ltd, Clif Bar & Company, EN-R-G Foods, LLC, Hammer Nutrition Ltd., Powerbar Inc, Zipvit Ltd., and Scientific Sports Nutrition (Pty) Ltd
|
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis |
Energy Gel Products Market Insights
The growing global population is increasing the demand for food products. Additionally, there is a trend among the youth towards instant energy products, and rising awareness of the benefits of energy gel products is spurring market growth. However, there are many substitutes for energy gels in the vast food and beverage industry, with numerous players involved in manufacturing nutraceutical products. The increasing number of sports events globally also contributes to the expansion of the energy gels market. The rising demand for organic energy products and the growing trend of online shopping are expected to propel growth over the energy gel products market forecast period.
Complexity during manufacturing and fluctuations in raw material costs hamper the global energy gel products market growth. The price of energy gel products varies depending on the political and economic situation of the region or country. Manufacturers import raw materials, which may affect market growth. Another challenge is the complexity of manufacturing energy gel products. There are various manufacturing processes, and mixing healthy products and ingredients is particularly challenging because these products are made for boosting the energy of athletes, sportspersons, and others. Manufacturers must ensure that the products do not have negative effects, following standard protocols. These factors will restrain the market during energy gel products industry forecast period.
Energy Gel Products Market Segmentation
The worldwide market for energy gel products is split based on flavor type, distribution channel, and geography.
Energy Gel Product Market By Flavor Types
- Fruit
- Orange
- Strawberry
- Raspberry
- Lemon
- Vanilla
- Chocolate
- Others
In terms of the flavor type segment, the market is classified into fruit, vanilla, chocolate, and other flavors. According to energy gel products industry analysis, fruit has held the largest portion in past years within the flavor type segment and is likely to continue its dominance throughout the forecasted timeframe from 2024 to 2032. Fruits are easily available, and their high nutrient value in fruit-based energy gel products is a significant factor driving the growth of the market share. There are various flavors available within the fruit segment, including orange, strawberry, raspberry, and lemon. Within the fruit segment, the orange flavor has held a major revenue share of the market. According to analysis, the orange fruit flavor has higher demand among consumers in the market.
Energy Gel Product Market By Distribution channels
- Convenience Stores
- Supermarkets
- Online Store
- Medical Stores
Based on the distribution channel, the global energy gel products market is divided into convenience stores, supermarkets, online stores, and medical stores. The online store segment gained the notable share of the global market in 2023 and is expected to continue leading the market throughout the forecast period. The online distribution channel is gaining popularity with the increasing accessibility of the internet and the growing use of the internet for purchasing goods and services globally, which has significantly contributed to the sales of energy gel products. Therefore, it can be estimated that in the forthcoming years, market growth will be propelled significantly.
Energy Gel Products Market Regional Outlook
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
The Middle East & Africa
- South Africa
- GCC Countries
- Rest of the Middle East & Africa (ME&A)
Energy Gel Products Market Regional Analysis
In terms of energy gel products market analysis, North America has consistently held the largest revenue share in the global industry in recent years. This growth can be attributed to the increasing popularity of cycling as a form of physical activity. North America is expected to continue its dominance in the market over the forecast period, holding nearly 35% of the global market share. Another important driving factor in this region is the higher number of cycling, swimming, and other athletes, which will boost the market for energy gel products in the upcoming years.
The Asia-Pacific region is experiencing rapid growth in the energy gel products market, driven by increasing disposable incomes and changing lifestyle patterns. As more people in APAC lead sedentary lives and face high-pressure environments, there is a rising demand for convenient and effective energy solutions. This shift has resulted in greater adoption of energy gels, particularly among urban populations seeking quick and efficient nutrition. Additionally, the growing popularity of fitness activities, such as running and endurance sports, further fuels market expansion. Countries like China, India, and Japan are at the forefront of this growth due to their large populations and increasing health consciousness. The e-commerce boom in the region also plays a crucial role, making energy gel products more accessible to a broader audience. Overall, the APAC market is poised for significant expansion, driven by these socioeconomic and lifestyle changes.
Energy Gel Products Market Players
Some of the top energy gel products companies offered in our report includes CarbBoom Energy Gel, Clif Shot Energy Gel, Honey Stinger Natural Energy Gel, GUEnergy Gel, Getorade, Advanced Food Concepts, Inc., Nutrition Works Ltd, Clif Bar & Company, EN-R-G Foods, LLC, Hammer Nutrition Ltd., Powerbar Inc, Zipvit Ltd., and Scientific Sports Nutrition (Pty) Ltd.
CHAPTER 1. Industry Overview of Energy Gel Products Market
1.1. Definition and Scope
1.1.1. Definition of Energy Gel Products
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Energy Gel Products Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Energy Gel Products Market By Flavor Type
1.2.3. Energy Gel Products Market By Distribution channel
1.2.4. Energy Gel Products Market By Application
1.2.5. Energy Gel Products Market By End-User
1.2.6. Energy Gel Products Market By Region
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Energy Gel Products Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Energy Gel Products Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2023
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2023
4.2. R&D Status of Major Manufacturers in 2023
CHAPTER 5. Energy Gel Products Market By Flavor Type
5.1. Introduction
5.2. Energy Gel Products Revenue By Flavor Type
5.2.1. Energy Gel Products Revenue (USD Billion) and Forecast, By Flavor Type, 2020-2032
5.2.2. Fruit
5.2.2.1. Fruit Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.2.2. Orange
5.2.2.2.1. Orange Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.2.3. Strawberry
5.2.2.3.1. Strawberry Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.2.4. Raspberry
5.2.2.4.1. Raspberry Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.2.5. Lemon
5.2.2.5.1. Lemon Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.3. Vanilla
5.2.3.1. Vanilla Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.4. Chocolate
5.2.4.1. Chocolate Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.5. Others
5.2.5.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 6. Energy Gel Products Market By Distribution channel
6.1. Introduction
6.2. Energy Gel Products Revenue By Distribution channel
6.2.1. Energy Gel Products Revenue (USD Billion) and Forecast, By Distribution channel, 2020-2032
6.2.2. Convenience Stores
6.2.2.1. Convenience Stores Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.3. Supermarkets
6.2.3.1. Supermarkets Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.4. Online Store
6.2.4.1. Online Store Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.5. Medical Stores
6.2.5.1. Medical Stores Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 7. North America Energy Gel Products Market By Country
7.1. North America Energy Gel Products Market Overview
7.2. U.S.
7.2.1. U.S. Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
7.2.2. U.S. Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
7.3. Canada
7.3.1. Canada Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
7.3.2. Canada Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
7.4. North America PEST Analysis
CHAPTER 8. Europe Energy Gel Products Market By Country
8.1. Europe Energy Gel Products Market Overview
8.2. U.K.
8.2.1. U.K. Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
8.2.2. U.K. Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
8.3. Germany
8.3.1. Germany Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
8.3.2. Germany Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
8.4. France
8.4.1. France Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
8.4.2. France Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
8.5. Spain
8.5.1. Spain Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
8.5.2. Spain Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
8.6. Rest of Europe
8.6.1. Rest of Europe Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
8.6.2. Rest of Europe Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
8.7. Europe PEST Analysis
CHAPTER 9. Asia Pacific Energy Gel Products Market By Country
9.1. Asia Pacific Energy Gel Products Market Overview
9.2. China
9.2.1. China Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
9.2.2. China Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
9.3. Japan
9.3.1. Japan Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
9.3.2. Japan Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
9.4. India
9.4.1. India Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
9.4.2. India Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
9.5. Australia
9.5.1. Australia Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
9.5.2. Australia Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
9.6. South Korea
9.6.1. South Korea Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
9.6.2. South Korea Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
9.7. Rest of Asia-Pacific
9.7.1. Rest of Asia-Pacific Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
9.7.2. Rest of Asia-Pacific Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
9.8. Asia Pacific PEST Analysis
CHAPTER 10. Latin America Energy Gel Products Market By Country
10.1. Latin America Energy Gel Products Market Overview
10.2. Brazil
10.2.1. Brazil Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
10.2.2. Brazil Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
10.3. Mexico
10.3.1. Mexico Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
10.3.2. Mexico Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
10.4. Rest of Latin America
10.4.1. Rest of Latin America Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
10.4.2. Rest of Latin America Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
10.5. Latin America PEST Analysis
CHAPTER 11. Middle East & Africa Energy Gel Products Market By Country
11.1. Middle East & Africa Energy Gel Products Market Overview
11.2. GCC
11.2.1. GCC Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
11.2.2. GCC Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
11.3. South Africa
11.3.1. South Africa Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
11.3.2. South Africa Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
11.4. Rest of Middle East & Africa
11.4.1. Rest of Middle East & Africa Energy Gel Products Revenue (USD Billion) and Forecast By Flavor Type, 2020-2032
11.4.2. Rest of Middle East & Africa Energy Gel Products Revenue (USD Billion) and Forecast By Distribution channel, 2020-2032
11.5. Middle East & Africa PEST Analysis
CHAPTER 12. Player Analysis Of Energy Gel Products Market
12.1. Energy Gel Products Market Company Share Analysis
12.2. Competition Matrix
12.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
12.2.2. New Product Launches and Product Enhancements
12.2.3. Mergers And Acquisition In Global Energy Gel Products Market
12.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 13. Company Profile
13.1. CarbBoom Energy Gel
13.1.1. Company Snapshot
13.1.2. Business Overview
13.1.3. Financial Overview
13.1.3.1. Revenue (USD Billion), 2023
13.1.3.2. CarbBoom Energy Gel 2023 Energy Gel Products Business Regional Distribution
13.1.4. Product /Service and Specification
13.1.5. Recent Developments & Business Strategy
13.2. Clif Shot Energy Gel
13.3. Honey Stinger Natural Energy Gel
13.4. GUEnergy Gel
13.5. Getorade
13.6. Advanced Food Concepts, Inc.
13.7. Nutrition Works Ltd
13.8. Clif Bar & Company
13.9. EN-R-G Foods, LLC
13.10. Hammer Nutrition Ltd.
13.11. Powerbar Inc
13.12. Zipvit Ltd.
13.13. Scientific Sports Nutrition (Pty) Ltd