Global Anhydrous Caffeine Market to Grow at a CAGR of 8% During 2024-2032, Aided by the Growing Product Utilisation in Functional Foods

The anhydrous caffeine industry is being aided by the growing demand for caffeine in industries like food and beverages, and nutrition and pharmaceuticals, among others. Based on end-use sectors, the functional foods segment is expected to significantly contribute to the industry growth. The rising consumer demand for functional foods to meet the nutritional requirements is driving the growth of the segment. Anhydrous caffeine is being increasingly adopted by the manufacturers as it is rich in antioxidants, which strengthens the immune system and provide several other benefits. Thus, the growing trend of consuming functional foods owing to the increasing shift towards health and wellness is pushing manufacturers to launch new products. For instance, No Cow, the Denver-based manufacturer of dairy-free, high-protein, and low-sugar products, introduced a new energy bar with high-caffeine and low-sugar content. No Cow Energy Bar contains 45 mg of natural caffeine and just 1 g of sugar and is packed with real whole food ingredients, including oats, nuts, and others. Such developments are expected to aid the industry in the coming years.

Moreover, the expanding distribution channels in countries with high growth potential for caffeine infused products are expected to further propel the market growth. Easy availability of caffeine infused dietary supplements, personal care products, and energy bars, among others, through retail channels like Walmart Inc (NYSE: WMT) and Amazon.com, Inc. (NASDAQ: AMZN) is expected to significantly contribute to the industry growth.

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Market Breakup by Type, Form, Source, End Use, and Region:

• By type, the industry is bifurcated into natural and synthetic anhydrous caffeine.
• Based on form, the industry can be segmented into powder and granular.
• On the basis of source, the industry can be divided into coffee beans, tea leaves, cacao beans, synthetic sources, and guarana beans, among others.
• The various end use sectors of the product include food and beverages, cosmetics and personal care, pharmaceuticals, and dietary supplements and functional foods, among others.
• Region-wise, the global market for anhydrous caffeine can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The market is being driven by the growing utilisation of anhydrous caffeine in dietary supplements and growing consumer shift towards health and fitness.
• The increasing demand for caffeine infused food products and beverages, such as sports and energy drinks, is further propelling the industry growth. 
• The rising consumer disposable incomes and growing western influence, particularly in emerging regions like the Asia Pacific, is also aiding the market growth.
• The industry will receive further impetus with the growing investments in R&D activities by the key players and the expanding applications of the product in the cosmetics sector. 

Key Offerings of the Report:

• The EMR report gives an overview of the global market for anhydrous caffeine for the periods (2018-2023) and (2024-2032). 
• The report also offers historical (2018-2023) and forecast (2024-2032) market information for the types, forms, sources, end uses, and major regions of anhydrous caffeine.
• The report also gives the regional historical (2018-2023) and forecast (2024-2032) price trends of the product.
• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global anhydrous caffeine market include Foodchem International Corporation, BASF SE, Aarti Industries Limited, and CSPC Pharmaceutical Group Limited, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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