Asia Pacific Guarana Market

Asia Pacific Guarana Market  Size and Growth Analysis:

Asia Pacific Guarana Market was worth USD 0.89 billion in 2021 and is estimated to be growing at a CAGR of 7.31%, to reach USD 1.27 billion by 2027.

Asia Pacific Guarana Market Overview:

Guarana is a climber plant which belongs to the maple family and is native to the Amazon basin and is widely found in Brazil. Guarana features clusters of large leaves, and flowers, and its fruit colour ranges from red to brown. Guarana is mainly used as a stimulant due to its high caffeine content. It is also used to treat various diseases such as diarrhoea, low blood pressure, cardiac problems, fever, headache, and joint pain among others. Furthermore, Guarana is also utilized as a flavouring ingredient in confectioneries and beverages. Guarana is used across a variety of applications such as confectionery products, energy drinks, fruit juice-based drinks, dietary supplements and others which including weight loss products. The driving factors of the Asia Pacific Guarana market are rising awareness of health benefits linked with the consumption of guarana-infused products among people. Obesity and diabetes and are among major health issues across the globe. Consumers prefer the consumption of healthy beverages and food products in order to prevent these chronic ailments. However, strong competition from other superfoods are likely to constrain the growth of the Asia Pacific guarana market.

Asia Pacific Guarana Market Segmentation:

The Asia Pacific Guarana market is segmented based on

• form

• application

By form

• liquid form

• powdered form

The liquid form of guarana is expected to hold the largest share of the market due to its soluble properties on beverage items and its easy convenience.

BY application

• confectionery items

• beverages

The beverage segment is expected to account for the largest share of the guarana market share due to the growth in demand for different health drinks among consumers. Guarana finds its application in different soft drinks, non-carbonated drinks, carbonated drinks, energy drinks, and fruit juice drinks. Athletes consume energy drinks so as to improve their performance, and this is likely to drive the Asia Pacific guarana market during the forecast period.

Asia Pacific Guarana Market geographical Analysis

• India

• China

• Japan

• Australia

Asia Pacific region has the second largest market for guarana seeds in the world by share. In the Asia Pacific region, China is expected to have the largest market share. Factors such as rising awareness about the health benefits which can be obtained from guarana and growing application in various food products is expected to boost the market growth in the region.

Asia Pacific Guarana Market Key players:

1. Herboflora

2. Iris Trade Inc.

3. Duas Rodas Industrial

4. The Green Labs LLC

5. AR De Sousa Ribeiro

6. Natural Amazon Herbs Producao De Extratos Ltd

7. Nutra Green Biotechnology Co., Ltd.

8. Vitaspice, Ambev

9. Prover Brasil