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The Global Energy Ingredients Market Size is valued at USD 21.96 billion in 2023 and is predicted to reach 41.91 billion by the year 2031 at an 8.56% CAGR during the forecast period for 2024-2031.
Key Industry Insights & Findings from the Report:
Beverages are non-alcoholic drinks with caffeine and other nutrients such as B vitamins, taurine, guarana, and ginseng. Some of these components, like guarana, naturally contain caffeine, while others, like ginseng, contribute to the distinctive flavour found in energy drinks. The demand for smoothies and other stimulating beverages in the global energy ingredient market is being driven by economic growth.
Energy ingredient demand from consumers is anticipated to rise, fueling market expansion. A fast-paced lifestyle, improved customer health, and nutrition will contribute to the sector's rapid growth. Especially among health-conscious consumers, marketing that positions energy ingredients as a healthier alternative to carbonated drinks has resulted in a boom in the industry.
Additionally, the market for energy ingredients is benefiting from consumer demand because these drinks contain some ingredients that have positive health effects. These drinks contain a lot of vitamin B, which helps to prevent many chronic diseases. Because they contain a lot of niacin, this energy ingredient can help people with low red blood cell lipids and arthritic symptoms. However, rising raw material costs, escalating raw material prices, fluctuating currency exchange rates, and rising electricity costs have all resulted in higher prices for various product groups, posing new difficulties for industry participants.
The market is also expected to expand soon due to a change in consumer lifestyle and a rise in awareness of health and wellness products. The growing consumer interest in energy ingredients like taurine due to its many health benefits will drive the segment's growth. Energy drinks contain the substance to calm the nervous system and boost the mind. Leading industry producers are releasing unique products with taurine as their primary ingredient to raise product visibility among consumers.
Some major key players in the Energy Ingredients market are Corp
The energy ingredients market is segmented on the product and application. Based on product, the energy ingredients market is segmented into caffeine, creatine, taurine, ginseng and others. Based on application, the energy ingredients market is segmented into food, beverage, supplements and others.
The market's leading segment was caffeine. Caffeine's expansion as an energy element can be linked to its ability to increase energy by reducing calorie intake. Additionally, caffeine activates the sympathetic nervous system, which aids in decreasing appetite, promoting fullness, and accelerating fat cells' breakdown for energy use. These effects are anticipated to complement the market's expansion during the forecast period.
Beverages grabbed the highest revenue share, and it is anticipated that they will continue to hold that position during the anticipated time. The increased popularity of energy drinks| will assist in broadening the segment's appeal because they provide quick bursts of energy while also stimulating the mind and body. As a result, major producers are introducing beverages with caffeine as their primary component to enhance consumer health.
The North American energy ingredients market is expected to register the highest market share in revenue soon his region's energy ingredients market is expanding quickly due to rising urbanization and a robust economy. These ingredients are also promoted as healthier alternatives to carbonated drinks, especially for health-conscious people. In addition, Asia Pacific is projected to grow rapidly in the global energy ingredients market. Youth in this region is consuming more energy ingredients, which is positively influencing the growth of the global Energy Ingredient market. Energy ingridients sales in this region are growing thanks to rising disposable incomes and living standards in China and India. The expansion of the global energy ingredients market is fueled by the increasing popularity of sports and premium brands over the projected period.
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Report Attribute |
Specifications |
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Market size value in 2023 |
USD 21.96 Bn |
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Revenue forecast in 2031 |
USD 41.91 Bn |
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Growth rate CAGR |
CAGR of 8.56% from 2024 to 2031 |
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Quantitative units |
Representation of revenue in US$ Million, Volume in Tons and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments covered |
Product Type, Application |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
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Competitive Landscape |
BASF SE; Spectrum Chemical Mfg. Corp.; RFI Ingredients; Korea Ginseng Corporation; Orkla; ILHWA CO., LTD.; Applied Food Sciences, Inc. (AFS); Naturalin Bio-Resources Co., Ltd.; Changsha Huir Biological-Tech Co., Ltd.; Sinochem Pharmaceutical Co., Ltd.; KOEI KOGYO CO., LTD; Aarti Industries Ltd. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Energy Ingredients Market Snapshot
Chapter 4. Global Energy Ingredients Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Product Type Estimates & Trend Analysis
5.1. by Product Type & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn) & Volume (Tons) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Product Type:
5.2.1. Caffeine
5.2.2. Creatine
5.2.3. Taurine
5.2.4. Ginseng
5.2.5. Others
Chapter 6. Market Segmentation 2: by Application Estimates & Trend Analysis
6.1. by Application & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn) & Volume (Tons) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Application:
6.2.1. Food
6.2.2. Beverage
6.2.3. Supplements
6.2.4. Others
Chapter 7. Energy Ingredients Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Energy Ingredients Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Product Type, 2024-2031
7.1.2. North America Energy Ingredients Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Application, 2024-2031
7.1.3. North America Energy Ingredients Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by country, 2024-2031
7.2. Europe
7.2.1. Europe Energy Ingredients Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Product Type, 2024-2031
7.2.2. Europe Energy Ingredients Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Application, 2024-2031
7.2.3. Europe Energy Ingredients Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by country, 2024-2031
7.3. Asia Pacific
7.3.1. Asia Pacific Energy Ingredients Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Product Type, 2024-2031
7.3.2. Asia Pacific Energy Ingredients Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Application, 2024-2031
7.3.3. Asia Pacific Energy Ingredients Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by country, 2024-2031
7.4. Latin America
7.4.1. Latin America Energy Ingredients Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Product Type, 2024-2031
7.4.2. Latin America Energy Ingredients Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Application, 2024-2031
7.4.3. Latin America Energy Ingredients Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by country, 2024-2031
7.5. Middle East & Africa
7.5.1. Middle East & Africa Energy Ingredients Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Product Type, 2024-2031
7.5.2. Middle East & Africa Energy Ingredients Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Application, 2024-2031
7.5.3. Middle East & Africa Energy Ingredients Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by country, 2024-2031
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. RFI Ingredients
8.2.2. Korea Ginseng Corporation
8.2.3. Orkla
8.2.4. ILHWA CO., LTD.
8.2.5. Applied Food Sciences, Inc. (AFS)
8.2.6. Naturalin Bio-Resources Co., Ltd.
8.2.7. Changsha Huir Biological-Tech Co., Ltd.
8.2.8. Sinochem Pharmaceutical Co., Lt
8.2.9. KOEI KOGYO CO., LTD
8.2.10. Aarti Industries Ltd.
8.2.11. Other Prominent Players
Energy Ingredients Market By Product
Energy Ingredients Market By Application
Energy Ingredients Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
