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Download Free sampleThe global Caffeine market was valued at 418.74 Million USD in 2021 and will grow with a CAGR of 7.75% from 2021 to 2027, based on Research newly published report.
The prime objective of Caffeine Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Caffeine Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Caffeine is a bitter, white crystalline purine, methyl xanthine alkaloid, which is founded in coffee, tea, soft drinks, chocolate, kola nuts, and certain medicines. Unlike many other psychoactive substances, it is legal and unregulated in nearly all parts of the world.Caffeine is a bitter, white crystalline purine, methyl xanthine alkaloid, which is founded in coffee, tea, soft drinks, chocolate, kola nuts, and certain medicines. The types of caffeine mainly include synthesis caffeine and natural caffeine. Caffeine was widely used in food & beverage, pharmaceutical and other industries. The caffeine industry is relatively concentrated, the production of top eleven manufacturers account about 89% of global production. The high-end products mainly come from China and Europe. In 2015, the global total production of caffeine is 34543 MT. China is the largest producer and its proportion of total global production exceeds 54%. India is the second producer of caffeine. In the world wide, the plants of major manufactures mainly distribute in China, India and Europe, In China, like CSPC and Shandong Xinhua, are the leading manufactures in the world. As to India, Kudos Chemie Limited s has become the leader of Indian manufactures. BASF is the leading manufacture in Europe. North America is the largest consumer of caffeine. In 2015, the consumption of caffeine is about 12572 MT in North America; its proportion of total global consumption exceeds 36%.
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