Global Guarana Market Growth 2023-2029
Guarana can be defined as a substance that is produced from the seeds of a woody perennial shrub found mainly in Brazil. It is primarily used as a stimulant due to its high content of caffeine. It is also used to treat various diseases such as low blood pressure, diarrhoea, cardiac problems, headache, fever, and joint pain among others. Furthermore, Guarana is also used as a flavouring ingredient in beverages and confectioneries.
LPI (LP Information)' newest research report, the “Guarana Industry Forecast” looks at past sales and reviews total world Guarana sales in 2022, providing a comprehensive analysis by region and market sector of projected Guarana sales for 2023 through 2029. With Guarana sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Guarana industry.
This Insight Report provides a comprehensive analysis of the global Guarana landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Guarana portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Guarana market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Guarana and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Guarana.
The global Guarana market size is projected to grow from US$ 141.1 million in 2022 to US$ 245.8 million in 2029; it is expected to grow at a CAGR of 245.8 from 2023 to 2029.
The health benefits associated with guarana as one of the key growth factors of the global guarana market. The various health benefits associated with the plant will trigger the market in the next four years. The seed of the plant contains the highest caffeine content than any other plant. Due to its medicinal properties, Guarana is used in the treatment of diarrhea, fever, heart problems, headache, joint pain, and backache. Additionally, it is also widely used by athletes as a stimulant to enhance their performance and reduce fatigue. Furthermore, it is also used by the food manufacturing industry as a flavoring ingredient in beverages and candy. With the rising health concerns that is resulting in a major shift in preference towards natural and organic products to maintain a good work-life balance, such benefits of guarana will significantly increase their demand in the next few years.
This report presents a comprehensive overview, market shares, and growth opportunities of Guarana market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Liquid
Powdered
Segmentation by application
Beverages
Confectionery
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ambev
Duas Rodas Industrial
Herboflora
IRIS TRADE
Prover Brasil for Export
The Green Labs
Vitaspice
Key Questions Addressed in this Report
What is the 10-year outlook for the global Guarana market?
What factors are driving Guarana market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Guarana market opportunities vary by end market size?
How does Guarana break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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