14-Feb-2020 | Facts and Factors
Facts and Factors have authored “Caffeine Market By Type (Natural Caffeine and SyntheticCaffeine), By Application (Food & Beverage, Pharmaceuticals, and Others), and By Regions: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026.” Based on our analysis, the global Caffeine market in 2019 is approximately USD 236 Million and is anticipated to reach around USD 323 Million by 2026. The anticipated CAGR for the market is around 6% from 2020 to 2026.
Introduction:
Caffeine is like a pharmaceutical drug that helps stimulate the central nervous system. It is a white odorless crystalline purine that is usually found in coffee, cola, chocolate, energy drinks, tea, mate, and other carbonated beverages. It has a number of applications such as improving mental alertness and also as painkillers or ergotamine.
Browse the full “Caffeine Market By Type (Natural Caffeine and SyntheticCaffeine), By Application (Food & Beverage, Pharmaceuticals, and Others), and By Regions: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026" report at https://www.fnfresearch.com/global-caffeine-market-by-type-natural-caffeine-and
Drivers of global Caffeine market:
- Growing investment in R&D
Many of the companies are investing a lump sum in manufacturing energy drinks from the cascara, which is likely to help surge the growth of the caffeine industry. Additionally, the caffeine market is expected to benefit from funding in R&D by the government and several companies.
- Large benefits of caffeine in skin treatment
Rising concern over skin tone has increased the use of caffeine owing to its rejuvenating property by removing the dried and damaged cells. Thus, the benefit of caffeine in treating skin and other health issues will help the global Caffeine market grow during the forecast period.
Restraints of global Caffeine market:
- Stringent government regulations
Owing to the increasing cases of caffeine overdose, the government has banned the overdose of caffeine in soft drinks and other products. This factor is one of the primary factors anticipated to hamper the growth of the global Caffeine market. Additionally, infertility caused in women due to the overconsumption of caffeine is predicted to further restrain the market growth.
Industry Opportunities:
- Application of Caffeine in treating Cancer
Increasing incidences of gastric cancer have shifted the focus of researchers onto caffeine owing to health benefits and daily use which, in turn, is expected to propel the global Caffeine market. The use of caffeine in treating gastric cancer and other cancers is basically due to caffeine’s property of interfering with the cancer cells’ DNA repair process.
Market Dominance:
- Synthetic Caffeine type is anticipated to dominate the global caffeine market owing to its instant energy and energizing properties. The difficulty in meeting up to the demands of caffeine is driving the synthetic caffeine market. In addition to this, the low cost of synthetic caffeine when compared to natural has increased its use in the food and beverage industries.
- The food and beverage industry dominates the application segment of the Caffeine market. Its easy availability, several health benefits, and unique sour taste have attributed to its application in a variety of foods such as tea, coffee, soft drinks, dark chocolates, ice creams, frozen yogurts, breakfast cereals, and many more.
Regional Dominance:
- North America accounted for the majority of the market share in 2018. Moreover, the busy lifestyle and increasing working hours have doubled the consumption of coffee, tea, and other beverages to lower exhaustion and drowsiness.In addition, rising health awareness has led to a surge in the consumption of sports drinks containing caffeine, which successively helps the global Caffeine market grow.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 236 Million |
Projected Market Size in 2026 |
USD 323 Million |
CAGR Growth Rate |
6% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Shandong Xinhua, CSPC Pharmaceutical Group, BASF, Youhua Pharmaceutical, Zhongan Pharmaceutical, Bakul Group, Jilin Shulan, Spectrum Chemical, and others. |
Key Segment |
By Product, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Key Players:
Some of the essential players operating in the global Caffeine market, but not restricted to include Shandong Xinhua, CSPC Pharmaceutical Group, BASF, Youhua Pharmaceutical, Zhongan Pharmaceutical, Bakul Group, Jilin Shulan, Spectrum Chemical, and Others.
The taxonomy of the Caffeine Market by its scope and segmentation is as follows:
Global Caffeine Market: By Product Segmentation Analysis
- Synthetic Caffeine
- Natural Caffeine
Global Caffeine Market: By Application Segmentation Analysis
- Food & Beverage
- Pharmaceuticals
- Others
Global Caffeine Market: By Regional Segmentation Analysis
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-East Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- The Middle-East and Africa
- GCC Countries
- South Africa
- Rest of Middle-East Africa
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