According to a new report published by Allied Market Research, titled, “Energy Supplement Market,” The energy supplement market was valued at $83.5 billion in 2021, and is estimated to reach $152.5 billion by 2031, growing at a CAGR of 6.4% from 2022 to 2031. Energy drinks and gels are specialized nutrition products that are designed …
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With 6.4% CAGR, Energy Supplement Market Size Worth $152.5 Billion By 2031
Energy drinks and gels are specialized nutrition products that are designed to boost performance. An energy drink is a beverage that is marketed as being able to improve mental clarity and physical performance and contains high concentrations of a stimulant ingredient typically caffeine along with sugar and frequent supplements, such as vitamins or carnitine. The …
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