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Caffeine Anhydrous Market Growth by Opportunities, Current Trend, Segments and Forecast by 2030

05-04-2023 08:33 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Reports and Data

Caffeine Anhydrous Market Growth by Opportunities, Current

Caffeine Anhydrous Market Overview:

The market for caffeine anhydrous is projected to experience significant revenue growth with a strong CAGR of 5.3% between 2022 and 2030. This growth is attributed to the increasing demand for functional beverages and the rising health consciousness among consumers. It is also being used to treat various conditions like Parkinson's disease, headaches, and obesity, and its anti-oxidant, anti-inflammatory, and anti-aging properties make it suitable for use in cosmetics and personal care products like lotions and creams. The rapid growth of the cosmetics and personal care product industries globally and increasing awareness of caffeine anhydrous-based products' benefits among companies and consumers are driving the market's revenue growth.
However, stringent regulations by the FDA and other health authorities and possible side effects such as anxiety and insomnia are hindering revenue growth in the market.

Caffeine Anhydrous Market Segments:

The global caffeine anhydrous market can be segmented into product type, application, and region. In terms of product type, the market can be categorized into tablets, capsules, powder, and others. The revenue and volume data for these categories are provided for the period between 2019 and 2030 in USD Million and Kilo Tons, respectively.
The revenue and volume data for each of these segments are also provided for the period between 2019 and 2030 in USD Million and Kilo Tons, respectively.
Furthermore, the market can be classified into different regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The revenue and volume data for each of these regions and their respective countries are also provided in USD Million and Kilo Tons for the period between 2019 and 2030.

Access Full Report Description with Research Methodology and Table of Content: https://www.reportsanddata.com/report-detail/caffeine-anhydrous-market

Caffeine Anhydrous Market: Strategic Developments

The global caffeine anhydrous market has witnessed several strategic developments in recent years. Market players have been adopting various strategies, including mergers and acquisitions, partnerships, collaborations, and new product launches, to strengthen their position in the market and expand their market share.
For instance, in 2020, Kemin Industries, a global ingredient manufacturer, launched its caffeine ingredient, PurCaf Organic Caffeine, which is derived from green coffee beans. The ingredient is certified organic and non-GMO, making it suitable for use in natural and organic products.
In 2019, CSPC Pharmaceutical Group Limited acquired North China Pharmaceutical Co., Ltd., a Chinese pharmaceutical company, to expand its product portfolio and strengthen its position in the caffeine anhydrous market.
Similarly, in 2018, Synthite Industries, an Indian oleoresin manufacturer, announced a partnership with Brenntag Food & Nutrition, a global distributor of food and nutrition ingredients, to expand its presence in the European market. The partnership aimed to distribute Synthite's caffeine anhydrous product, called Synthcafe, to Brenntag's customers across Europe.

These strategic developments reflect the growing demand for caffeine anhydrous and the increasing competition among market players. As the market continues to grow, it is expected that more strategic developments will take place, leading to further advancements in the industry.

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Caffeine Anhydrous Market: Competitive landscape

The top ten players operating in the global market include Caffeine Anhydrous, Inc., Ajinomoto Co., Glanbia plc, Nestle S.A., Archer Daniels Midland Company, Kerry Group plc, Royal DSM N.V., Cargill, Incorporated, and Ingredion Incorporated. These players are focusing on strategies such as expansions, mergers & acquisitions, and new product launches to gain a competitive edge in the market.

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