Energy Gel Products Market by Flavour Type, Distribution Channel

Description

List of Tables

[191 Pages Report] The Energy Gel Products Market size was estimated at USD 830.23 million in 2023 and expected to reach USD 895.40 million in 2024, at a CAGR 7.95% to reach USD 1,418.53 million by 2030.

Energy gel products are specialized dietary supplements designed to provide quick, easy, and convenient energy for athletes and active individuals. These gels are typically composed of carbohydrates such as glucose, fructose, and maltodextrin and sometimes include electrolytes and vitamins to support hydration and overall performance. The primary function of energy gels is to offer an easily digestible and rapid source of energy, making them a favored choice during endurance events such as marathons, triathlons, and long-distance cycling. Increased knowledge of sports nutrition benefits among the general population is driving demand for energy gels. A surge in participation rates in endurance sports globally contributes significantly to market growth. However, strict regulations relating to health claims and ingredients can impede product development and market entry. Additionally, gastrointestinal health issues and limitations associated with the safety, efficiency, and performance of energy gel can also impede consumption. However, key players are exploring innovation in enhancing the absorption and metabolism of carbohydrates, developing customized gel formulations based on activity type or duration, and minimizing gastrointestinal side effects. Further exploration into sustainable packaging solutions and expanding the product range to cater to specific dietary preferences and restrictions can also drive business growth in the energy gel market.

KEY MARKET STATISTICS
Base Year [2023]	USD 830.23 million
Estimated Year [2024]	USD 895.40 million
Forecast Year [2030]	USD 1,418.53 million
CAGR (%)	7.95%

Flavour Type: Expanding consumption of fruit-flavoured energy gels due to their refreshing and natural taste

Chocolate-flavored energy gels are particularly popular among endurance athletes who prefer a rich, comforting taste during long-duration activities. These gels often incorporate elements such as cocoa, offering a pleasant taste and also a mild natural caffeine boost. Athletes inclined toward sweeter, dessert-like flavors or those seeking a quick mood boost during strenuous activities typically opt for chocolate-flavored gels. Fruit-flavored energy gels offer a refreshing and often tangy taste, making them suitable for athletes who prefer a lighter, more refreshing flavor profile during exercise. These are favored by individuals seeking a burst of natural-tasting sweetness coupled with the psychological boost of consuming fruit-derived ingredients. Lemon-flavored energy gels are appreciated for their sharp, refreshing taste that can invigorate the senses and provide a much-needed lift during exercise. Orange-flavored gels are a classic choice, delivering a familiar citrus taste that is both refreshing and energizing. The flavor is often likened to a sweet, juicy orange, providing a natural and enjoyable taste experience. Raspberry-flavored gels are sought after for their combination of sweetness and slight tartness, offering a balanced and enjoyable taste. Strawberry-flavored energy gels deliver a sweet and slightly tangy taste and are appreciated for their natural sweetness and the comforting familiarity of the strawberry taste. Vanilla-flavored energy gels are known for their mild and universally appealing taste, making them a safe choice for athletes who may be sensitive to stronger flavors or those who prefer simplicity. These are ideal for individuals seeking a neutral taste that is easy on the palate without the intense sweetness or tanginess of other flavor types.

Distribution Channel: Consumer's desire for convenience in shopping driving the preference for online stores

Online stores have emerged as a leading distribution channel for energy gel products, thanks to the convenience, variety, and competitive pricing they offer. This platform caters especially to informed consumers seeking specific brands, varieties, or dietary preferences that might not be readily available in physical stores. Consumers favor online stores for their wide selection, ease of access to detailed product information, customer reviews, and the ability to compare product prices easily. Specialty stores, including sports and health food retailers, offer a curated selection of energy gel products, providing a specialized shopping experience for fitness enthusiasts and athletes. These stores often provide additional services such as personalized nutrition advice and product recommendations. Customers prefer specialty stores for their expert advice, product demonstrations, and the opportunity to sample products before making a purchase. Supermarkets and hypermarkets provide convenient access to energy gel products as part of a broader shopping experience. This channel appeals to mainstream consumers and casual athletes looking for accessibility and convenience. These consumers value the convenience of purchasing energy gels alongside their regular grocery shopping, with a preference for well-known brands that are perceived as reliable and cost-effective.

Regional Insights

In the Americas, particularly in the United States and Canada, the energy gel products market is mature, with high consumer awareness and an established retail structure. However, the trend towards organic and natural products, along with a focus on clean-label ingredients, is reshaping the market landscape. The United States leads in terms of new product innovations and patent filings, reflecting a strong culture of endurance sports and fitness. EMEA region presents a complex landscape of consumer preferences and regulatory environments. EU countries have witnessed a growing demand for vegan and allergen-free energy gel products, in line with strict food labeling regulations and a significant shift towards plant-based diets. The Middle East market, although smaller, shows potential for premium, halal-certified energy supplements. In Africa, the focus remains on affordability and accessibility, with local brands rising to meet the needs of a price-sensitive consumer base. Ongoing initiatives in the region aim to educate consumers about the benefits of energy supplements, driving gradual market growth. The Asia Pacific region, including China, Japan, and India, showcases a vibrant and rapidly growing market for energy gel products. Due to the burgeoning middle class, rising disposable incomes, and increasing participation in sports and outdoor activities, consumer demand for energy supplements has surged. In China and India, local startups and international players are investing heavily in R&D to cater to cultural preferences and dietary requirements, leading to innovation and diversification in product offerings. Japan, known for its technology-driven market, has seen the rise of smart packaging and natural ingredient trends, influencing purchasing decisions significantly.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Energy Gel Products Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Energy Gel Products Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Energy Gel Products Market, highlighting leading vendors and their innovative profiles. These include AzaniCare, Boom Nutrition Inc., Enerjiva, Etixx Sports Nutrition, Fast&Up, GU Energy Labs, H5 Ltd by Associated British Foods PLC, Hammer Nutrition, Healthspan Limited, Huma Gel, KODA Nutrition, Maurten AB, Mondelez Global Direct Inc., Neversecond Nutrition Inc., Nutrition Works Ltd, Origin Endurance, OTE Sports Ltd., Pivot Nutrition LLC, Science in Sport Limited, Sporthunger GmbH, Styrkr, TREKK Nutrition, Ta Energy, UCAN Ltd, and Veloforte.

Market Segmentation & Coverage

This research report categorizes the Energy Gel Products Market to forecast the revenues and analyze trends in each of the following sub-markets:

Flavour Type
- Chocolate
- Fruit
  - Lemon
  - Orange
  - Raspberry
  - Strawberry

Vanilla

Distribution Channel
- Online Store
- Specialty Store
- Supermarket/hypermarket

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Energy Gel Products Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Energy Gel Products Market?

3. What are the technology trends and regulatory frameworks in the Energy Gel Products Market?

4. What is the market share of the leading vendors in the Energy Gel Products Market?

5. Which modes and strategic moves are suitable for entering the Energy Gel Products Market?

Product Code: MRR-DE57310EB752

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising awareness of health and fitness and demand for nutritional supplements
  - 5.1.1.2. Growing interest and participation in endurance sports
- 5.1.2. Restraints
  - 5.1.2.1. Adverse recalls of energy gel products
- 5.1.3. Opportunities
  - 5.1.3.1. Diversification of flavors and ingredients with new product launches
  - 5.1.3.2. Effective marketing and comprehensive retail strategies for product promotion
- 5.1.4. Challenges
  - 5.1.4.1. Misleading labeling and complex formulation of products
5.2. Market Segmentation Analysis
- 5.2.1. Flavour Type: Expanding consumption of fruit-flavoured energy gels due to their refreshing and natural taste
- 5.2.2. Distribution Channel: Consumer's desire for convenience in shopping driving the preference for online stores
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Energy Gel Products Market, by Flavour Type

6.1. Introduction
6.2. Chocolate
6.3. Fruit
6.4. Vanilla

7. Energy Gel Products Market, by Distribution Channel

7.1. Introduction
7.2. Online Store
7.3. Specialty Store
7.4. Supermarket/hypermarket

8. Americas Energy Gel Products Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Energy Gel Products Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Energy Gel Products Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. Market Share Analysis, 2023
11.2. FPNV Positioning Matrix, 2023
11.3. Competitive Scenario Analysis
- 11.3.1. Carbs Fuel launches more affordable high-carb energy gel
- 11.3.2. Fixx Nutrition launches new energy gel
- 11.3.3. Protein Rebel launches UK's maple syrup energy gel
11.4. Strategy Analysis & Recommendation

12. Competitive Portfolio

12.1. Key Company Profiles
12.2. Key Product Portfolio