Market Overview

Caffeine is a xanthine alkaloid that naturally occurs in seeds, leaves and fruits of several plants such as, coffee, tea, and guarana among others. Every day millions of people consume caffeine to alleviate fatigue, increase wakefulness, and to improve concentration & focus. It is also found as an ingredient in medicines for headache and migraine.

The global caffeine market is estimated to surpass US$ 23,219.0 Mn by the end of 2027 in terms of revenue, exhibiting a CAGR of 7.4% during the forecast period (2020 to 2027).

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Market Dynamics

Caffeine is the most widely consumed psychoactive drug globally. According to the National Consumers League in 2016, caffeine consumption is prevalent in the U.S., with 85% of the population drinking at least one caffeinated beverage regularly. Caffeine is a natural stimulant found in coffee, tea and cocoa plants. Caffeine helps in stimulating the brain and central nervous system, which helps a person to remain alert and prevent the onset of tiredness.

On the other hand, the availability of various alternatives to caffeine is expected to hamper the growth of the market. In 2018, Nektium (Spain-based botanical extract manufacturer) launched a caffeine alternative ingredient, Zynamite, which provides the same benefits as that of caffeine. Zynamite is a sustainable, proprietary standardized extract from the leaves of a selection of Mangifera indica that is the mango tree. Zynamite is believed to help in boosting mental activation, focus & concentration, without the typical side-effects of caffeine such as racing pulse, jitters and anxiety. Moreover, in April 2020, Zynamite was granted U.S. patent for brain enhancing activities by the United States Patent and Trademark Office.

Detailed Segmentation:

Global Caffeine Market, By Caffeine Source:

Green Tea

Pekoe Tea

White Tea

Coffee

Guarana

Others

Global Caffeine Market, By Nature:

Organic Caffeine

Inorganic Caffeine

Global Caffeine Market, By Demographics:

Below 18 Years

18-34 Years

35-50 Years

50-64 Years

Above 65 Years

Key companies covered as a part of this study include BASF SE, Spectrum Chemical Manufacturing Corp., Kudos Chemie Limited, AVT Natural Products, Tianjin Zhong’an, Pharmaceutical Company Ltd., Shandong Xinhua Pharma, Aarti Industries Limited, Bakul Group, Taj Pharmaceuticals Limited., and Jilin Shulan Synthetic Pharmaceutical Co. Ltd.


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