Guarana Market is anticipated to grow at a considerable CAGR of 7% during the forecast period. Guarana is highly demanded ingredient in herbal products which results in the growth of guarana market. The increasing awareness regarding the healthy lifestyle and to improve the mental health and intellectual performance the guarana seeds are growing in the market. Guarana seeds are used as a natural energizer and flavouring agent for beverages. Manufacturers are launching guarana seed powder for the food & beverages and cosmetic products in the market. The consumption of guarana as a flavouring ingredient in food & beverage industries is increasing and highly adopted in fruit based products. Due to increasing the demand of the guarana many companies are launching guarana based products. For instance, GURU Organic Energy Corp. announced the launch of GURU Yerba Mate made by using plant-based recipes to craft energy drinks that deliver good taste and good energy in the U.S. market. The GURU Yerba Mate is low in calories and high in energy, and contains green tea, yerba mate, guarana, monk fruit and stevia. The Guarana is a natural ingredient with highly effective properties and used in many industries due to which it is costly and the high cost of guarana products restrains the growth of the global guarana market.
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Market Coverage
· The market number available for – 2023-2031
· Base year- 2023
· Forecast period- 2024-2031
Segment Covered-
· By Form
· By Application
Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
Competitive Landscape- including AMBEV SA, Vitaspice, Herbalife International of America, Inc., A R de Sousa Ribeiro & Cia Ltda, Nutra Green Biotechnology Co., Ltd, and others.
Guarana Market Report Segment
By Form
• Powder
• Liquid
By Application
• Beverages
• Bakery & Confectionary Products
• Cosmetics
• Pharmaceutical
• Others
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Guarana Market Report Segment by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
· Latin America
· Middle East & Africa
Company Profiles
· AMBEV SA
· A R de Sousa Ribeiro & Cia Ltda
· Duas Rodas Industrial
· Givaudan
· Herbalife International of America, Inc.
· Herboflora
· Herbo Nutra
· Nutra Green Biotechnology Co., Ltd
· Plantnat
· The Green Labs LLC.
· Vitaspice
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