Global Energy Gum Market Analysis & Industry Forecast 2017-2023, With an Expected CAGR of 7.6% - ResearchAndMarkets.com
Jul. 09, 2018
DUBLIN--(BUSINESS WIRE)--Jul 9, 2018--The "Energy Gum Market by Application, and Distribution Channel - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.
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 a caffeine-rich gum that provides instant energy to alleviate the effects of sleep deprivation and fatigue as well as improve alertness and mental performance. It works by improving reaction time, alertness, concentration, and cognitive performance, particularly under conditions where sustained vigilance is necessary and the effects of sleep deprivation could be detrimental. Caffeine, being the prime ingredient of energy gums, proves effective in sustaining physical vigilance and prevents cardiovascular diseases, cancer, and diabetes.
The consumption of energy gum lead to instant delivery of energy as well as prolonged effects such as better physical and mental performance during intense workouts, improved concentration, and low fatigue during labor-intensive tasks among others. In addition, in the recent years, the consumption of energy gums has increased while playing sports, studying, and business meetings to mitigate the effects of sleep deprivation and boost up their stamina; thereby, driving the energy gum market.
The global energy gum market is segmented on the basis of application, distribution channel, and geography. On the basis of application, the market is segmented into fitness training/exercising, sports, study, business, and others. The distribution channels of the industry are broadly classified into online, supermarket, convenience store, and health store segments.
Companies Mentioned: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) Zestl International NZ Ltd.
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Energy Gum Market, By Application
Chapter 5: Energy Gum Market, By Distribution Channel
Chapter 6: Energy Gum Market, By Region
Chapter 7: Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/bq8bsk/global_energy_gum?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180709005367/en/
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Related Topics:Snacks and Confectionery
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
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PUB: 07/09/2018 06:02 AM/DISC: 07/09/2018 06:02 AM