Europe Energy Ingredients Market Size, Share & Industry Trends Analysis Report By Product (Caffeine, Creatine, Taurine, Ginseng and Others), By Application (Beverage, Food, Supplements and Others), By Country and Growth Forecast, 2022 - 2028
The Europe Energy Ingredients Market would witness market growth of 7.4% CAGR during the forecast period (2022-2028).
The development of the food sector is significantly influenced by rising consumer health consciousness. Customers are more willing than ever to pay for a non-GMO food product without artificial components, favoring healthier meals. The demand for ginseng is anticipated to increase in the following years as more food firms search for additives that include more nutrients in their goods.
As an illustration, fermented red ginseng with probiotic pills from Youguth. Energy drinks are particularly well-liked among college students and office professionals who use them to substitute coffee to stay awake at work. Additionally, these energy drinks are becoming more and more popular since they are used as mixers in well-known alcoholic cocktails.
The ideal amount of caffeine is provided in a single container by a 250ml energy drink. This quantity is all required to reap the rewards of an energy drink and maintain a healthy, balanced lifestyle. For health promotion and illness prevention, action on a diet and physical activity is crucial, and in some cases, only EU coordination can guarantee success. Physical inactivity and poor diets can significantly negatively impact both health and finances.
The Germany market dominated the Europe Energy Ingredients Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,774.4 Million by 2028. The UK market is anticipated to grow at a CAGR of 6.6% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 8.2% during (2022 - 2028).
Based on Product, the market is segmented into Caffeine, Creatine, Taurine, Ginseng and Others. Based on Application, the market is segmented into Beverage, Food, Supplements and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Korea Ginseng Corporation (Korea Tobacco & Ginseng Corporation), BASF SE, Sinochem Group Co., Ltd., Orkla ASA, Spectrum Chemical Mfg. Corp (Spectrum Laboratory Products, Inc.), RFI Ingredients, LLC, Changsha Huir Biological-Tech Co., Ltd., Naturalin Bio-Resources Co., Ltd, Ilhwa Co., Ltd, and Applied Food Sciences, Inc.
Scope of the Study
Market Segments covered in the Report:
By Product
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