Press release
Global Caffeine Sales Market Revenue Status & Forecast to 2022
Caffeine is a bitter, white crystalline purine, methyl xanthine alkaloid, which is founded in coffee, tea, soft drinks, chocolate, kola nuts, and certain medicines. Unlike many other psychoactive substances, it is legal and unregulated in nearly all parts of the world.
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Caffeine is a bitter, white crystalline purine, methyl xanthine alkaloid, which is founded in coffee, tea, soft drinks, chocolate, kola nuts, and certain medicines. The types of caffeine mainly include synthesis caffeine and natural caffeine. Caffeine was widely used in food & beverage, pharmaceutical and other industries.
The caffeine industry is relatively concentrated, the production of top eleven manufacturers account about 89% of global production. The high-end products mainly come from China and Europe. In 2015, the global total production of caffeine is 34543 MT. China is the largest producer and its proportion of total global production exceeds 54%. India is the second producer of caffeine.
In the world wide, the plants of major manufactures mainly distribute in China, India and Europe, In China, like CSPC and Shandong Xinhua, are the leading manufactures in the world. As to India, Kudos Chemie Limited s has become the leader of Indian manufactures. BASF is the leading manufacture in Europe.
North America is the largest consumer of caffeine. In 2015, the consumption of caffeine is about 12572 MT in North America; its proportion of total global consumption exceeds 36%.
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The global Caffeine market is valued at 340 million US$ in 2017 and will reach 610 million US$ by the end of 2025, growing at a CAGR of 7.7% during 2018-2025.
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