(MENAFN- Alliance News) Exploring the Global Guarana Market: A Comprehensive Report by Report Ocean
Report Ocean published a recovery-based report for Global ' Guarana Market' that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2032) and develops reliable and approximative timeline estimations up to 2032.
Global Guarana Market is valued approximately USD $$ billion in 2022 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2032. Guarana is a plant named for the Guarani tribe in the Amazon. Guarana is derived from the seeds of a South American tree and is widely used in energy supplement due to its high caffeine content. It has ability to reduce fatigue, boost energy, and sharpen memory. Growing energy drinks market and increasing demand for dietary supplements are key drivers for the growth of Guarana market.
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For instance, according to global database management company Statista- in the year 2019 sales of energy drink in the United States of America were estimated at USD 11.75 billion and as per estimations the sales would reach to USD 14 billion by the year 2021. Also, in 2019 Coca Cola Company launched its Coca-Cola Energy drink in Spain and Hungary. Coca Cola Energy contains caffeine from naturally derived sources like guarana extracts and B vitamins. Also, with the increasing demand from end use verticals and growing health and wellness trends, the adoption & demand for Guarana is likely to increase the market growth during the forecast period. However, high cost of Guarana due to its limited regional production impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the Global Guarana Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to increasing consumption of energy drinks in the region. Whereas, Latin America is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as increasing production of Guarana in the countries like Brazil would create lucrative growth prospects for the Guarana market across Asia-Pacific region.
Major market player included in this report are:
Herboflora,
Iris Trade Inc.,
Duas Rodas Industrial,
The Green Labs LLC,
Natural Amazon Herbs Producao De Extratos Ltd,
AR De Sousa Ribeiro,
Nutra Green Biotechnology Co., Ltd.,
Vitaspice,
Ambev,
Prover Brasil.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product Form:
Liquid
Powder
By Application:
Confectionery Products
Fruit-juice based drinks
Energy drinks
Dietary supplements
Cosmetics
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Here are the key highlights of the report:
Comprehensive assessments of the market share for Invisible Braces, conducted at both country and regional levels. In-depth analysis of the competitive landscape, identifying key trends within the industry. Thorough examination of market trends, encompassing product and technology advancements, drivers and barriers, and an analysis based on PORTERs five forces. Strategic recommendations tailored for crucial business segments, leveraging market forecasts. Guidance provided for new market entrants, assisting them in navigating the industry landscape. Market forecasts encompassing all pertinent segments, sub-segments, and regional markets.
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom-line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.
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