Guarana market is projected to grow from US$ 129.6 Million in 2020 to US$ 249.4 Million by 2029.

 

Guarana Market is projected to grow from US$ 129.6 Million in 2020 to US$ 249.4 Million by 2029.Increasing adoption of Guarana for dietary supplements is a key factor driving the global guarana market. In addition, growing use of guarana by the beverage industry owing to its therapeutic properties is also propelling growth of the global guarana market. Furthermore, rising popularity of guarana has an antioxidant profile similar to that of coffee is boosting growth of the global guarana market over the forecast period. For instance, in April 2015, National Institutes of Health and Medicine publish guarana provides additional stimulation over caffeine. Introducing guarana seed powder infused cosmetic products in the market, owing to its anti-ageing and cellulite treating properties can create lucrative opportunity for players operated in the global guarana market.

The report "Global Guarana Market, By Product Form (Liquid and Powder), By Application (Dietary Supplements, Energy Drinks, Cosmetics, and Confectionery), and Region - Global Forecast to 2029" 

Key Highlights:

·         In November 2018, for instance Coca Cola Co. had announced new brand Coca-Cola Energy will have made with guarana extracts.

Key Market Insights from the report:          

The global guarana market accounted for US$ 129.6 Million in 2020 and is projected to register a CAGR of 7.5 % over the forecast period. The market report has been segmented on the basis of product form, and region.

·         By product form, the liquid segment accounted for major revenue share in 2018, owing to its easy convenience and soluble properties on beverage items.

·         By application, the energy drinks segment accounted for major revenue share in 2018, owing to rise in demand for different health drinks among consumers and its advantages such as to increase energy and mental focus.

·         By region, North America guarana market accounted for major revenue share of the global guarana market and is further anticipated to maintain its dominance over the forecast period. This is owing to increasing consumption of guarana as a flavoring ingredient in food & beverage industries and high adoption of guarana in fruit based energy drinks in the countries of the North America region. Europe guarana market accounted for second-highest market share, in 2018 due to increase in the obese population in the European countries. Asia Pacific guarana market is expected to grow at the highest rate during the forecast period, due to rising population of type -2 diabetics and changing eating patterns are resulting in major health issues among the population in countries of the region.

Before purchasing this report, request a sample or make an inquiry by clicking the following link:

https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/529

The prominent player operating in the global guarana market includes AR De Sousa Ribeiro & Cia Ltda, Natural Amazon Herbs Producao De Extratos Ltd., Herboflora, Iris Trade Inc., The Green Labs LLC, AmBev SA, Duas Rodas Industrial Ltda., Nutra Green Biotechnology Co., Ltd., VITASPICE BRASIL LTDA, and Prover Brasil For Export Ltd.

About Prophecy Market Insights

Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

To know more

Contact Us:

Sales

Prophecy Market Insights

  1 860 531 2701

Email- sales@prophecymarketinsights.com

Website- www.prophecymarketinsights.com

 

 

 

Comments

Post a Comment

Popular posts from this blog

Carnauba Wax Market is estimated to be 310.2 Million by 2025 with a CAGR of 3.1% during the forecasted period.

Image
  The global  carnauba wax market  accounted for US$ 246.0 million in 2015 and is estimated to be 310.2 million by 2025 and is anticipated to register a CAGR of 3.1%.Carnauba wax also called as palm wax or Brazil wax. It is naturally obtained from the carnaubeira palm and is hardest form of natural wax. The benefits of carnauba wax such as high durability and melting point makes it ideal for automotive, pharmaceuticals, cosmetics, and others applications. The report.  " Global Carnauba Wax Market, By Source (Natural and Organic), By Form (Powder, Flakes, and Pellet), By End-user (Food & Beverages, Automobiles, Personal Care, Pharmaceutical, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030” . Key Highlights: ·          In December 2016, Brenntag declared the acquisition of EPChem Group. This acquisition will help the ...
Read more

Pisco Market is estimated to be 1265.8 Million by 2029 with a CAGR of 6.6% during the forecasted period.

Image
  Pisco is a traditional drink of Latin America which is yellowish or can say colorless brandy specifically produced by distilling fermented fruit juice into a high-proof spirit. Pisco is highly produced within the region of Chile and Peru as an alternate to orujo, a pomace brandy that was being imported from Spain since the 16th century. This practice of manufacturing Pisco domestically in abundant quantity has reduced the quantity of alcoholic beverages imported to the present region. Ever since the assembly of pisco started, different sort of grapes were utilized in order to offer the beverage too many various flavors so because the beverage is exported internationally as the market wouldn't accept the big variety under an equivalent name. For an equivalent reason, the Chilean and therefore the Peruvian governments set standards on what quite grapes should be used to make the beverage that would be labelled as pisco. The report  " Global Pisco Market, By Origin ( Peruvia...
Read more

Hydrocolloids Market is estimated to be US$ 18.39 billion by 2032 with a CAGR of 5.4% during the forecast period 2032

Image
  Hydrocolloids are widely used in food industries. Locust bean gum is used in food industries as an additive because of its stabilizing and thickening property. Guar gum is obtained from seed of the guar plant (Cyamopsis tetragonoloba). Guar gum is gel-forming fiber. Guar gum in the form of guar gum powder is used as an additive in the food also used in cosmetics, paper, pharmaceutical, textile, oil well drilling industries. Guar gum is low in calories and high in soluble fiber. Guar gum powder is odorless and free flowing soluble in cold water.  Guar gum is used in cold foods like pastry fillings, ice-cream. Guar gum is used as a stabilizer and thickener. Guar gum is also beneficial in controlling health problems like heart disease, diabetes, colon cancer and bowel movements. Xanthan gum is used in baked products. Xanthan gum is used in agricultural flowables, cleaners, coatings and polishes. Pectin provides an important source of dietary fiber and are used as stabilizer, g...
Read more