North America Guarana Market Research Report – Segmented By Form, Application, And By Region(The United States, Canada, and Rest of North America) - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024 to 2029.

Updated On: January, 2024
ID: 6009
Pages: 145

North America Guarana Market Size (2024 To 2029):

North America Guarana Market is expected to be worth USD 1.47 billion in 2024 to achieve USD 2.06 billion by 2029 with a CAGR of 7.03% from period 2024 To 2029.

Guarana is a climber plant that belongs to the maple family and is native to 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 diarrhea, low blood pressure, cardiac problems, fever, headache, and joint pain among others. Furthermore, Guarana is also utilized as a flavoring 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 includes weight loss products.

The driving factors of North America 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 to prevent these chronic ailments. However, strong competition from other super foods are likely to constrain the growth of North America guarana market.

This Research Report on North America Guarana Market is segmented, and sub segmented into following categories:

North America Guarana Market - By Form:

  • 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.

North America Guarana Market - 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 North America guarana market during the forecast period.

North America Guarana Market – By Region:

  • United States
  • Canada
  • Mexico

North America has the largest market for guarana in the world by share. In the North America region, United States has 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.

KEY MARKET PLAYERS:

Key market players of North America Guarana Market are Herboflora, Iris Trade Inc, Duas Rodas Industrial, The Green Labs LLC, AR De Sousa Ribeiro, Natural Amazon Herbs Producao De Extratos Ltd, Nutra Green Biotechnology Co., Ltd, Vitaspice, Ambev, Prover Brasil.

 

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Frequently Asked Questions

1.What are the potential health benefits of guarana?

Guarana is believed to offer benefits such as increased energy, improved mental alertness, and enhanced cognitive function due to its caffeine content. However, individual responses may vary, and consumption should be moderated.

2.Are there any regulatory considerations for guarana products in North America?

Yes, guarana products sold in North America must comply with regulatory standards set by authorities such as the FDA in the United States and Health Canada. This includes adherence to permissible caffeine levels and accurate labeling of ingredients.

3.What types of products contain guarana in North America?

Guarana is found in a variety of products, including energy drinks, shots, capsules, and dietary supplements. It is often combined with other ingredients for added benefits or formulated into standalone products for energy and mental alertness

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