Caffeine Substitute Market Size, Share, Growth
Strategically analyzed facts and figures, along with profound business insights covered in the winning Caffeine Substitute Market business report, play a major role in achieving enduring business growth. This industry analysis report provides steadfast knowledge and information about the evolving market landscape, current market conditions, future trends, the competitive environment, and strategies to outshine competitors. An incomparable Caffeine Substitute Market research report identifies general market conditions, trends, inclinations, key players, opportunities, geographical analysis, and many other parameters that help steer businesses in the right direction.
As market research reports gain immense importance in this rapidly transforming marketplace, the DBMR team provides Caffeine Substitute Market research reports in an anticipated manner. The report comprehensively assesses general market conditions, growth prospects, potential restrictions, significant industry trends, market size, market share, sales volume, and future trends. The report is valuable for both traditional and emerging market players in the industry, providing in-depth market insights. Market drivers, restraints, opportunities, and challenges are studied under market overview, offering valuable insights for businesses to make informed decisions.
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In recent years, caffeine substitutes have grown popular due to significant growth in coffee consumption globally. As per the report of International Coffee Organization (ICO), the global consumption of coffee has reached to 168.1 million bags in the year 2018 to 2019, representing an average annual growth rate of 2.7 percent in the last five years. Market players and manufacturers are continuously improving their products according to the consumer's needs globally.
Data Bridge Market Research analyses that the caffeine substitute market is expected to reach USD 2.66 billion by 2030, which is USD 1.36 billion in 2022, registering a CAGR of 8.70% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Caffeine Substitute Market Scope and Segmentation
| REPORT METRIC | DETAILS |
| Forecast Period | 2023 to 2030 |
| Base Year | 2022 |
| Historic Years | 2021 (Customizable to 2015 - 2020) |
| Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
| Segments Covered | Nature (Organic, Conventional), Packaging (Pouches, Cans, Aseptic Cartons), Distribution Channel (Online, Hypermarket/Supermarket, Convenience Stores, Department Stores) |
| Countries Covered | U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
| Market Players Covered | World Finer Foods (U.S.), Unilever (U.K.), Gourmesso Coffee (U.S.), Douwe Egberts (Netherlands), Dualit (U.K.), Nestlé (Switzerland), Dilmah Ceylon Tea Company PLC (Sri Lanka), Ippodo Tea (China), Tranquini (U.S.), Chillbev (U.S.), Som Sleep (U.S.), Phi Drinks, Inc. (U.S.), BevNet.com (U.S.), lima coffee roasters (U.S.), dandy blend (U.S.), Teeccino (Canada), Tattva's herbs (U.S.) |
| Market Opportunities | Growing usage of caffeine substitute in pharmaceutical industryIncreasing awareness regarding adverse effects of coffee |
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Market Definition
Caffeine is a xanthine alkaloid that naturally presents in fruits, seeds, leaves of several plants such as, guarana, coffee, and tea, among othersIt is also found in medicines as an ingredient for migraine and headache. Caffeine substitutes are non-caffeine products. As they do not contain much caffeine, which can affect the nervous system, these substitutes are healthy products.
Caffeine Substitute Market Dynamics
Drivers
- Changing lifestyle and increasing demand of caffeine substitute from personal care industry
Some of the major factors which are expected to boost the growth of the global market during the forecast period include, increasing demand for ready-to-use products, rising working population, and growing retail markets. The growing usage of caffeine substitutes as a natural ingredient in the personal care or cosmetics industry is anticipated to drive the growth of the caffeine substitute market. As for a cosmetic or personal care purpose, caffeine is used as active compound in the anti-cellulite products because it prevents large accumulation of fat or oil in cells. This alkaloid which present in caffeine substitute, stimulates the degradation of fats during lipolysis.
How Caffeine Substitute Market Report Would Be Beneficial?
Anyone who are directly or indirectly connected in value chain of Caffeine Substitute Market industry and needs to have Know-How of market trends
Marketers and agencies doing their due diligence
Analysts and vendors looking for Caffeine Substitute Market intelligence about Caffeine Substitute Market Industry
Competition who would like to correlate and benchmark themselves with market position and standings in current scenario
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