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Energy Gum Market Anticipated to Rise with Lucrative Growth

Increase in consumption of health and energy supplements by non-traditional users drives the energy gum market.

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Energy Gum Market Anticipated to Rise with Lucrative Growth

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  1. Energy Gum Market Opportunities and Forecasts, 2014- 2022

  2. INTRODUCTION The global energy gum market was valued at $75.15 million in 2016, and is projected to reach $125.24 million by 2023, registering a CAGR of 7.6% from 2017 to 2023. Energy gum improves mental and cognitive performance by delivering caffeine, which is effective for stimulating physical vigilance. Moreover, increase in sport participation rate and surge in the number of national and international sports events, including Olympics, Commonwealth Games, and others have contributed to the growth of the market.

  3. Energy Gum Market Get sample PDF Brochure @ https://www.alliedmarketresearch.com/request-sample/4579

  4. OVERVIEW Energy gum is an energy-rich flavor-filled gum, which is a fast and efficacious manner to deliver instant energy to improve mental alertness and alleviate the effects of sleep deprivation and fatigue instantly. It is an instant booster of energy to a consumer, which could improve his reaction time, mental alertness, concentration, and mental & cognitive performance. Other factors, such as increase in sport participation rate and rise in number of fitness and health centers have significantly contributed to the growth of the energy gum market. In addition, increasing inclination of millennials towards health & fitness supplement products has increased the demand for energy gum.

  5. North America accounted for the largest revenue share of the global energy gum market, registering a significant CAGR from 2017 to 2023, followed by Europe. In 2016, the online distribution channel segment accounted for approximately two-fifths share, in terms of value, and is expected to grow at the highest CAGR of 8.4%. Asia-Pacific is anticipated to grow at the highest CAGR of 9.3% from 2017 to 2023. In 2016, the U.S. generated the highest revenue, accounting for approximately one-third share of the global market. Brazil is anticipated to grow at a significant CAGR of 9.5% during the study period. KEY BENEFITS

  6. Energy Gum Market: By Application

  7. Energy Gum Market: By Geography

  8. KEY PLAYERS Developing countries, such as Brazil, India, and China display a huge growth potential for this market on account of high disposable income, decent number of millennial population participating in sports, and surge in the number of fitness centers in these countries. The key players operating in this market are Blast Power Gum, BLOCKHEAD HQ Ltd., Mondelez International, Inc. (Cadbury Trebor Bassett), Energy Bombs, GumRunners, LLC, Lotte Group, GelStat Corporation (Mastix LLC), NeuroGum, LLC, Mars Inc. (Wm Wrigley), and Zestl International NZ Ltd. Need More Information Enquire here: https://www.alliedmarketresearch.com/purchase-enquiry/4579

  9. Contact Allied Market Research About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Contact Us: 5933 NE Win Sivers Drive, #205, Portland, OR 97220, United States. Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285 Fax: +1-800-792-5285

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