MARKET REPORT. Energy gels are packets of gel substance that are used to provide continuous delivery of energy during periods of peak performance. These gels provide carbohydrates in combination with fruit juice or herbal extracts, electrolytes, fructose and taurine. Energy gels are preferred over other energy products as gels provide carbohydrate that is quickly absorbed into the bloodstream and is easier to digest.
The global energy gel products market is expected to witness a CAGR of 7.2%, and is projected to reach USD 767.0 million by 2023 according to research published in the Global Energy Gel Products Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2023 report. Factors propelling the growth of the energy gel products market are the rise in demand for instant energy products and growing awareness regarding the benefits of energy gels over other energy products.
Source: Globe Newswire