Caffeine Market, By Caffeine Source, By Nature, By Demographics, By Application, By Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) -
In May 2021, Caffeine Anhydrous, Inc. an manufacture expanded its production capacity by 50% to meet the rising demand for the product. The company has also planned to expand its product portfolio by launching new products in the market.
In January 2022, Starbucks announced the release of its first ready-to-drink (RTD) beverage made from naturally occurring caffeine found in coffee fruit and the immune-boosting antioxidant vitamin C.
In June 2022, Kudos, a manufacturing facility close to Chandigarh and produces specialty chemicals used as food, beverage, and pharmaceutical ingredients. Acquisition of UPL to offer various value-added products to its customers having synergy with its existing business.