Europe Guarana Market

Europe Guarana Market  Size and Growth Analysis:

Europe Guarana Market was worth USD 0.69 billion in 2022 and is estimated to be growing at a CAGR of 7.03%, to reach USD 0.96 billion by 2027.

Europe Guarana Market Overview:

Guarana is a climber plant which belongs to the maple family and is native to the Amazon basin and are 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 Europe 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 Europe guarana market.

Europe Guarana Market Segmentation:

The Europe Guarana market is segmented based on

1. form

2. application

By form, the Europe guarana market is segmented into

• liquid form

• powdered form

The liquid form of guarana is expected to hold the largest share of the market due to soluble properties on beverage items and its easy convenience. In terms of application, the Europe guarana market can be divided into confectionery items and beverages. The beverage segment is expected to account for largest share of the guarana market share due to the growth in demand for different health drinks among consumers.

Guarana finds its application 

• soft drinks

• non-carbonated drinks

• carbonated drinks

• energy drinks

• fruit juice drinks

Athletes consume energy drinks so as to improve their performance, and this is likely to drive the Europe guarana market during the forecast period.

Europe Guarana Market geographical Analysis

The Europe Guarana market is divided based on geography into

• United Kingdom

• France

• Italy

• Germany 

• Spain.

The popularity of guarana is growing in the region owing to its rising awareness. In the Europe region, United Kingdom 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.

Europe 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, and Prover Brasil