CAFFEINE MARKET ANALYSIS

Market News

Key development

• 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.