LAMEA Caffeine Powder Market

LAMEA Caffeine Powder Market Size, Share & Trends Analysis Report By Source, By Application (Pharmaceuticals, Food & Beverages, Cosmetics & Personal Care, and Others), By Country and Growth Forecast, 2024 - 2031

Report Id: KBV-22875 Publication Date: May-2024 Number of Pages: 119
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Analysis of Market Size & Trends

The Latin America, Middle East and Africa Caffeine Powder Market would witness market growth of 7.2% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 2,621.5 tonnes, showcasing a growth of 8.3% (2024-2031).

In the cosmetics and personal care industry, caffeine powder is increasingly utilized for its potential skincare benefits and as an active ingredient in various beauty products. Due to its vasoconstrictive properties, caffeine is believed to help reduce puffiness and dark circles around the eyes by constricting blood vessels and reducing inflammation. This makes it a popular ingredient in eye creams, serums, and under-eye patches designed to target these specific concerns. Thus, the Brazilian cosmetics and personal care industry consumed 138.37 tonnes of this powder in 2023.

LAMEA Caffeine Powder Market

The Brazil market dominated the LAMEA Caffeine Powder Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $24.4 Million by 2031. The Argentina market is showcasing a CAGR of 8% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 6.9% during (2024 - 2031).

The market is subject to several trends that reflect evolving consumer preferences, technological advancements, regulatory changes, and industry innovations. For instance, the demand for functional beverages, dietary supplements, and performance-enhancing products containing this powder is rising. Consumers are increasingly seeking products that offer targeted benefits such as energy, focus, and mental clarity, driving the development of specialized formulations tailored to specific health and performance goals. Caffeine-infused pre-workout supplements, nootropic blends, and energy shots are products that cater to this trend.

Also, the market is expanding beyond traditional applications in food and beverages to encompass a broader range of industries and consumer segments. There is growing interest in incorporating this powder into personal care products, cosmetics, pharmaceuticals, and pet supplements, reflecting its versatility and potential for diverse applications. This trend opens up new opportunities for manufacturers to tap into emerging markets and target niche consumer demographics.

With the rising demand for specialty and functional beverages, the demand for this powder in the UAE’s food service industry may extend beyond traditional coffee and tea. According to the United States Department of Agriculture, the UAE ranks second in the size of its food service sector among the member states of the Arab Gulf Cooperation Council (GCC), following Saudi Arabia. In 2021, the value of the UAE hotel, restaurant, and institutional sector totaled $12.3 billion, almost a 17 percent increase from 2020. Thus, the growing food service industry in LAMEA will help grow the market.

Free Valuable Insights: The Worldwide Caffeine Powder Market is Projected to reach USD 1.3 Billion by 2031, at a CAGR of 5.3%

Based on Source, the market is segmented into Synthetic Caffeine, and Natural Caffeine. Based on Application, the market is segmented into Pharmaceuticals, Food & Beverages, Cosmetics & Personal Care, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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List of Key Companies Profiled

  • BASF SE
  • CSPC Pharmaceutical Group Limited
  • Shandong Xinhua Pharmaceuticals Co., Ltd.
  • Aarti Pharmalabs Limited
  • Spectrum Chemical Mfg. Corp (Spectrum Laboratory Products, Inc.)
  • Alpspure Lifesciences Pvt. Ltd.
  • Merck KGaA
  • Archer Daniels Midland Company
  • Cargill, Incorporated
  • Wacker Chemie AG

LAMEA Caffeine Powder Market Report Segmentation

By Source (Volume, Tonnes, USD Billion, 2020-31)

  • Synthetic Caffeine
  • Natural Caffeine

By Application (Volume, Tonnes, USD Billion, 2020-31)

  • Pharmaceuticals
  • Food & Beverages
  • Cosmetics & Personal Care
  • Others

By Country (Volume, Tonnes, USD Billion, 2020-31)

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
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