The guarana market is estimated to be valued at USD 16.67 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031. Guarana is a climbing plant native to the Amazon basin whose berries are used to make a popular beverage in Brazil. The berries contain high levels of caffeine from guaranine and theobromine as well as antioxidants. Guarana powder has a long history of traditional use for its stimulating properties as an herb and is growing in popularity worldwide as an energy supplement. Researchers are investigating its potential cognitive and mood enhancing benefits due to synergistic effects between its constituents. The guarana plant is cultivated commercially and its berries harvested to produce powders, extracts, and flavors that are incorporated into energy drinks, dietary supplements, and other beverages. The global guarana market has seen steady growth in demand driven by its associations with natural energy, health, and focus.
Market Dynamics:
The guarana market is driven primarily by its use in commercial energy drinks aiming to provide a natural caffeine alternative to coffee or other beverages. Rising awareness of guarana's cognitive benefits combined with clean label trends boosting plant-based and herbal supplements have also contributed to market opportunities. However, regulatory restrictions on certain types of claims as well as competition from coffee and other stimulant sources present challenges. Younger consumers focused on wellness and functionality represent an opportunity for guarana products able to demonstrate additional health advantages. Innovation in formulations incorporating guarana into convenient formats for daily nutritional or wellness routines could further unlock market potential.
Key Features of the Study:
- This report provides in-depth analysis of the global guarana market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global guarana market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Vitaspice Brasil Ltda, Prover Brasil for Export Ltda, Herboflora Produtos Naturais Ltda, Ambev, Duas Rodas Industrial Ltd, A R De Sousa Ribeiro & Cia Ltd, Natural Amazon Herbs Producao De Extratos Ltda, Iris Trade Inc., The Green Labs LLC, Nutra Green Biotechnology Co., Ltd., NutriCargo, and Sylvestre Ingredientes Naturais
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global guarana market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global guarana market
Detailed Segmentation-
- By Product Form:
-
- By Application:
-
- Energy Drinks
- Fruit Juice Based Drinks
- Confectionery Products
- Dietary Supplements
- Cosmetics
- Others
- By Region:
-
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
-
- Vitaspice Brasil Ltda
- Prover Brasil for Export Ltda
- Herboflora Produtos Naturais Ltda
- Ambev
- Duas Rodas Industrial Ltd
- A R De Sousa Ribeiro & Cia Ltd
- Natural Amazon Herbs Producao De Extratos Ltda
- Iris Trade Inc.
- The Green Labs LLC
- Nutra Green Biotechnology Co., Ltd.
- NutriCargo
- Sylvestre Ingredientes Naturais