Energy Supplement Market Size and Definition
The global energy supplement market size is calculated at USD 45,000 million in 2024 and is predicted to reach around USD 71,920 million by 2034, expanding at a CAGR of 4.8% from 2024 to 2034.
The demand for energy supplements is increasing gradually as consumers' awareness of wellness and health issues grows, which is estimated to drive to the energy supplement market. People who exercise, run, or practice yoga to maintain their health frequently require more energy. People take energy-boosting pills as a result. Energy supplement products increase consumers' stamina and energy levels while also increasing their awareness and level of activity. This is a major element driving global product demand and consumption. The main consumers of energy-boosting vitamins are athletes and fitness enthusiasts. Nonetheless, the general public is now also become increasingly conscious of the value of supplements in daily life to fight fatigue and improve focus and concentration at work or in the classroom.
In the US, energy supplements in the form of drinks such as functional beverages containing extra vitamins, minerals, and other nutrients—are growing in popularity. Sales growth is being stimulated by this, and the trend is probably going to continue until 2034. To stay healthy, the majority of consumers in the country participate in fitness activities. As a result, more people are using energy drinks and other supplements to get more energy for work or study, which is driving the target industry's expansion. Additionally, there is a growing market for natural supplement ingredients that increase energy levels. This will probably open up new business opportunities for North American energy supplement companies.
Energy Supplement Market Segmentation:
By Product Type
- Drinks
- Powders
- Gels
- Capsules
- Tablets
- Gummies
- Others (Oral Strips, Energy Bars)
By End User
- Kids/Infants
- Adults/teenagers
- Old age
By Distribution Channel
- Store-based Retail
- Online Retail
Energy Supplement Market Companies:
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