Anhydrous caffeine is used in various sports drink to enhance the performance of athletes. Athleticism comprises strength, speed, agility, power, aerobic capacity, mental resilience, and other key performance areas. Anhydrous caffeine improves the performance and focus of athletes. As the health & fitness trend and fierce competition is changing in different sports, the demand for caffeine-infused sports beverages is surging, and subsequently, increasing the use of anhydrous caffeine.
The global anhydrous caffeine market has witnessed substantial growth over the past few years, and this trend is expected to continue through the course of the forecast period (2020 to 2030), at a steady CAGR of 5% over the next ten years.
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Key Takeaways from Global Anhydrous Caffeine Market Study
“Increasing demand for anhydrous caffeine from the manufacturers of dietary supplements, functional food, and pharmaceuticals is anticipated to boost global demand for anhydrous caffeine. Manufacturers in the anhydrous caffeine market space can gain significant profits by leveraging the increasing demand from these end users to offer specific caffeine products,” says a PMR analyst.
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Anhydrous Caffeine Market: Competitive Landscape
Global leaders in the anhydrous caffeine market have adopted efficient strategies to increase their presence and market share in this space. Key players are investing in the strategic expansion of their manufacturing facilities.
Manufacturers in the food & beverage industry are also introducing innovative caffeine-infused products to cater to rising consumer demand. Such new product launches are helping manufacturers increase their market share in the global anhydrous caffeine market.
Explore More Valuable Insights on Global Anhydrous Caffeine Market
Persistence Market Research, in its upcoming study, offers an impartial analysis of the global anhydrous caffeine market, presenting historical data (2015–2019) and estimation statistics for 2020–2030. The study offers compelling insights on the anhydrous caffeine market based on type (natural and synthetic), form (powder and granular), source (coffee beans, tea leaves, cocoa beans, guarana, and synthetic sources), and end use (food & beverages, pharmaceuticals, cosmetics & personal care products, and dietary supplements & functional food), across seven regions.
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