Energy Gum Market by Distribution Channel and Geography - Forecast and Analysis 2022-2026

Published: Sep 2022 Pages: 117 SKU: IRTNTR74376

The energy gum market share is expected to increase by USD 50.48 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 8.74%.

This energy gum market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers energy gum market segmentation by distribution channel (offline and online) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The energy gum market report also offers information on several market vendors, including Blockhead HQ Ltd, First Energy B.V., GumRunners LLC, Market Right Inc., Mars Inc., NeuroGum Inc., Rev Energy Gum, Simply Gum Inc., WUG USA, Yildiz Holding AS, and Apollo Brands Vertrieb Deutschland GmbH among others.

What will the Energy Gum Market Size be During the Forecast Period?

Download Report Sample to Unlock the Energy Gum Market Size for the Forecast Period and Other Important Statistics

 

Energy Gum Market: Key Drivers, Trends, and Challenges

Increasing fitness consciousness is notably driving the energy gum market growth, although factors such as rising consumer preference for energy bars over energy gum may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the energy gum industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Energy Gum Market Driver

The increasing fitness consciousness is one of the key factors driving the energy gum market growth. The global energy gum market has witnessed significant growth due to factors such as the growing awareness of health and fitness among the younger generation, which has increased the demand for energy gum. Furthermore, increasing participation in sports and the increasing number of health and fitness centers are the other factors driving the growth of the market. In addition, the growing consumption of health and fitness supplements among the younger generation has increased the demand for energy gum. Such factors are expected to drive market growth during the forecast period.

Key Energy Gum Market Trend

High product penetration via e-commerce is one of the key energy gum market trends fueling the market growth. Energy gum is witnessing increased online purchases from both online-only retailers and traditional grocery retail websites. The growing number of mobile consumers has greatly contributed to the online sales of packaged nutritious foods such as energy gum. At present, fitness enthusiasts are looking for convenient options when shopping for nutrition. Thus, rising interest in online purchasing, especially among Millennials, is expected to boost the sales of energy gum during the forecast period. 

Key Energy Gum Market Challenge

Rising consumer preference for energy bars over energy gum is one of the factors limiting the energy gum market growth. Energy bars, also known as supplement bars, contain cereals and other high-energy foods. These energy bars are intended to boost the consumer's physical energy. For instance, the US energy bars market has recently seen strong growth and numerous new product launches, reflecting the nutritional and healthy image that energy bars have among people despite the mixed hype over functional foods and the high sugar content in some products. Energy bars have the potential to serve as a convenient meal replacement or on-the-go snack. Thus, the increasing popularity of energy bars over energy gum poses a challenge to the growth of the market.

This energy gum market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global energy gum market as a part of the global packaged foods and meats under the global food products segment of the global food, beverage, and tobacco market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the energy gum market during the forecast period.

Who are the Major Energy Gum Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Blockhead HQ Ltd
  • First Energy B.V.
  • GumRunners LLC
  • Market Right Inc.
  • Mars Inc.
  • NeuroGum Inc.
  • Rev Energy Gum
  • Simply Gum Inc.
  • WUG USA
  • Yildiz Holding AS
  • Apollo Brands Vertrieb Deutschland GmbH

 

This statistical study of the energy gum market encompasses successful business strategies deployed by the key vendors. The energy gum market is fragmented, and the vendors are deploying growth strategies such as quality, price, geographical presence, and consumer awareness to compete in the market.

Product Insights and News

  • simplygum.com - The company offers energy gum such as Spearmint Regular strength and Icy Polar Mint Extra strength.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The vendor profiles are designed to help clients improve their market position, and information on production and sustainability along with this report provides a detailed analysis of several leading Companies.

Energy Gum Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the energy gum market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Energy Gum Market?

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33% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for the energy gum market in North America. Market growth in this region will be faster than the growth of the market in Europe.

The increase in demand for highly convenient foods in the US due to the fast-paced lifestyles of the people will facilitate the energy gum market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Distribution Channel Segments in the Energy Gum Market?

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The energy gum market share growth in the offline segment will be significant during the forecast period. The offline segment includes supermarkets, hypermarkets, and others. Supermarkets and hypermarkets are popular distribution channels for the energy gum market. The sales of energy gum are increasing due to the growth of organized retail. Moreover, consumers prefer supermarkets and hypermarkets as all categories of products are available under one roof, which is not possible in smaller stores. Such factors of offline stores will boost market growth in the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the energy gum market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Energy Gum Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 8.74%

Market growth 2022-2026

$50.48 million

Market structure

Fragmented

YoY growth (%)

6.24

Regional analysis

North America, Europe, APAC, South America, and the Middle East and Africa

Performing market contribution

North America at 33%

Key consumer countries

US, Canada, China, Japan, India, and Germany

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Blockhead HQ Ltd, First Energy B.V., GumRunners LLC, Market Right Inc., Mars Inc., NeuroGum Inc., Rev Energy Gum, Simply Gum Inc., WUG USA, Yildiz Holding AS, and Apollo Brands Vertrieb Deutschland GmbH

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Energy Gum Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive energy gum market growth during the next five years
  • Precise estimation of the energy gum market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the energy gum industry across North America, Europe, APAC, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of energy gum market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Distribution Channel

    • 5.1 Market segments
      • Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)
    • 5.2 Comparison by Distribution Channel
      • Exhibit 26: Chart on Comparison by Distribution Channel
      • Exhibit 27: Data Table on Comparison by Distribution Channel
    • 5.3 Offline - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Offline - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Offline - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Offline - Year-over-year growth 2021-2026 (%)
    • 5.4 Online - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Online - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Online - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Online - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Online - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Distribution Channel
      • Exhibit 36: Market opportunity by Distribution Channel ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Japan - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.11 India - Market size and forecast 2021-2026
      • Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.12 Canada - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.13 Germany - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.14 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 Apollo Brands Vertrieb Deutschland GmbH
              • Exhibit 93: Apollo Brands Vertrieb Deutschland GmbH - Overview
              • Exhibit 94: Apollo Brands Vertrieb Deutschland GmbH - Product / Service
              • Exhibit 95: Apollo Brands Vertrieb Deutschland GmbH - Key offerings
            • 10.4 Blockhead HQ Ltd
              • Exhibit 96: Blockhead HQ Ltd - Overview
              • Exhibit 97: Blockhead HQ Ltd - Product / Service
              • Exhibit 98: Blockhead HQ Ltd - Key offerings
            • 10.5 First Energy B.V.
              • Exhibit 99: First Energy B.V. - Overview
              • Exhibit 100: First Energy B.V. - Product / Service
              • Exhibit 101: First Energy B.V. - Key offerings
            • 10.6 GumRunners LLC
              • Exhibit 102: GumRunners LLC - Overview
              • Exhibit 103: GumRunners LLC - Product / Service
              • Exhibit 104: GumRunners LLC - Key offerings
            • 10.7 Market Right Inc.
              • Exhibit 105: Market Right Inc. - Overview
              • Exhibit 106: Market Right Inc. - Product / Service
              • Exhibit 107: Market Right Inc. - Key offerings
            • 10.8 Mars Inc.
              • Exhibit 108: Mars Inc. - Overview
              • Exhibit 109: Mars Inc. - Product / Service
              • Exhibit 110: Mars Inc. - Key offerings
            • 10.9 NeuroGum Inc.
              • Exhibit 111: NeuroGum Inc. - Overview
              • Exhibit 112: NeuroGum Inc. - Product / Service
              • Exhibit 113: NeuroGum Inc. - Key offerings
            • 10.10 Rev Energy Gum
              • Exhibit 114: Rev Energy Gum - Overview
              • Exhibit 115: Rev Energy Gum - Product / Service
              • Exhibit 116: Rev Energy Gum - Key offerings
            • 10.11 Simply Gum Inc.
              • Exhibit 117: Simply Gum Inc. - Overview
              • Exhibit 118: Simply Gum Inc. - Product / Service
              • Exhibit 119: Simply Gum Inc. - Key offerings
            • 10.12 WUG USA
              • Exhibit 120: WUG USA - Overview
              • Exhibit 121: WUG USA - Product / Service
              • Exhibit 122: WUG USA - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 123: Inclusions checklist
                • Exhibit 124: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 125: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 126: Research methodology
                • Exhibit 127: Validation techniques employed for market sizing
                • Exhibit 128: Information sources
              • 11.5 List of abbreviations
                • Exhibit 129: List of abbreviations
              • food allergy among consumers: There is an increase in the number of people suffering from food allergies globally. Food allergy is caused when the immune system reacts to the ingestion of certain foods. Ingredients of packaged foods and meats that can create allergic reactions in some people include (but are not limited to) milk, eggs, fish, crustacean shellfish (e.g., crab, lobster, and shrimp), tree nuts (e.g., almonds, walnuts, and pecan), peanuts, wheat, and soybeans. Even consumption of small amounts of food allergens can trigger signs and symptoms such as digestive problems, hives, and swollen airways. In some people, a food allergy can cause severe symptoms, or even a life-threatening reaction is, known as anaphylaxis. For example, in the US, nearly 3% of the adult population suffers from shellfish allergy.

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                energy gum market

                Key Questions Answered

                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

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