A xanthine alkaloid called caffeine is found in the seeds, leaves, and fruits of many different plants, including coffee, tea, and guarana, among others. Millions of individuals use caffeine every day to reduce weariness, increase alertness, and enhance attention and concentration. Additionally, it is a component of medications for migraines and headaches. The major driving factors is demand for caffeine flavored food products & cosmetic items, increasing demand for energy drinks.
The global Caffeine Market is estimated to surpass US$ 23,219.0 Mn by the end of 2027 in terms of revenue, exhibiting a CAGR of 7.4% during the forecast period (2020 to 2027).
Key Competitors in the Caffeine Industry:
1. BASF SE,
BASF SE, was founded in 1865 and it’s headquarter in Ludwigshafen, Germany. The Company operates in 91 countries.
2. Spectrum Chemical Manufacturing Corp
Spectrum Chemical Manufacturing Corp was launch in 1971. And its headquarter Leverkusen, Germany. It operate over 70 country.
3. Kudos Chemie Limited
Kudos Chemie Limited was launch in 1988 and it’s headquarter located in Mohali, Punjab, India.it operate over 7 country.
4. AVT Natural Products.
AVT Natural Products .was launch in 1986 and it’s headquarter located in India. It operate over 16 country. AVT Natural is a leading manufacturer of plant-based extracts and natural ingredients solutions for the food, beverage, animal nutrition and nutraceutical.
5. Tianjin Zhong’an,
Tianjin Zhong’an,Founded in 1988, its headquarters located in Tianjin, China. The company has eight factories in South Korea and a network of 29 business locations in 15 countries.
6 Pharmaceutical Company Ltd
Pharmaceutical Company Ltd was launch 1994 and its headquarter Tokyo, Japan . It operate over 15 country.
7. Shandong Xinhua Pharma
Shandong Xinhua Pharma Founded in 1943. Its headhunter’ Zibo, Shandongchina. With businesses in over 40countries.
Definition: - Caffeine is a xanthine alkaloid that naturally occurs in seeds, leaves and fruits of several plants such as, coffee, tea, and guarana among others. Every day millions of people consume caffeine to alleviate fatigue, increase wakefulness, and to improve concentration & focus. It is also found as an ingredient in medicines for headache and migraine.
