Global Caffeine Market Report and Forecast 2024-2032

Global Caffeine Market Size

The global caffeine market is projected to grow at a CAGR of 5.3% between 2024 and 2032. The growing coffee consumption and the rising popularity of guarana seeds are aiding the market expansion.

Global Caffeine Market Outlook

• Over 80% of the US population consumes caffeine each day.

• In 2023, the export prices of Vietnamese coffee surged by 14.5% y-o-y, reaching $2,614/ton.

• Colombia produces 760,000MT of coffee annually, which makes it the third largest producer globally.

Global Caffeine Market Growth

Major market players are researching the potential of alternative ingredients like date seeds, fenugreek, millet, fructose, and lemon, among others, to mimic the taste of natural caffeine and promote healthier habits for caffeine consumption among consumers.

The increasing production of robusta coffee beans in countries like Vietnam and Brazil is expected to drive the market growth. With the growing concerns regarding rapid climate change, coffee growers are implementing various farming techniques like pruning and enhanced irrigation to enhance crops’ resilience to climate change.

Vietnam produces over 50% of the world’s robusta coffee beans. The regions of Buon Ma Thuot and Dak Lak province constitute 30% of its overall production. Robusta coffee is becoming increasingly popular in European countries and Vietnamese coffee imports are rising steadily into their region. In Q1 2024, Vietnamese coffee’s export value witnessed a growth of 57.3%.

Guarana seeds, which contain 3%-8% higher caffeine content than coffee beans, are expected to become an important source of manufacturing energy drinks and dietary supplements for weight loss. This is because they prevent excessive accumulation of fats in the body and maintain the optimum levels of adipokines and insulin in the bloodstream. This is expected to drive the market growth in the forecast period.

Global Caffeine Industry Segmentation

Global Caffeine Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Natural

• Synthetic

Market Breakup by Source

• Green tea

• Pekoe tea

• Coffee

• Guarana

• Others

Market Breakup by End Use

• Food and Beverages

• Pharmaceuticals

• Cosmetics and Personal Care

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Global Caffeine Market Share

Based on region, the market is divided into North America, Europe, the Asia Pacific, Latin America and the Middle East and Africa. Over the forecast period, North America is expected to remain a major consumer of caffeine, as changing lifestyles prompt consumers to take natural stimulants for boosting energy. The estimated caffeine consumption among adults in Canada is 210-238 mg/day, which is expected to sustain and drive the demand for caffeine.

Leading Companies in the Global Caffeine Market

Major market players are expected to increase the usage of caffeine in cosmetic and personal care products due to its excellent moisturising properties.

• BASF SE

• Liquid Energy Inc.

• Foodchem International Corporation

• Aarti Pharmalabs Ltd.

• PacificNorthwest Naturals, LLC

• Superior Supplement Manufacturing LLC

• Kanto Chemical Co., Inc.

• Junsei Chemical Co., Ltd.

• kishida Chemical Co., Ltd.

• Ebrator Biochemicals Inc.

• Others

Key Highlights of the Report