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Liquid guarana segment is poised to witness over 5% CAGR through 2032, owing to the shift toward clean label items, along with the global reach of the product.
The guarana market from cosmetic application will record a robust growth during 2023 to 2032, boosting the demand for guarana owing to its anti-ageing properties.
Europe guarana market size will expand at 6% CAGR between 2023 and 2032, creating lucrative opportunities of the associated companies. The region is witnessing a growing demand for natural and functional ingredients in the food & beverage sector. As health-conscious consumers seek clean label products, guarana's natural caffeine and antioxidant properties have gained popularity. It is being adopted in energy drinks, dietary supplements, and confectionery. Additionally, the beauty & personal care sector is incorporating guarana into cosmetics. The emphasis on meeting regulatory compliance while addressing sustainability concerns to ensure a stable supply chain will stimulate the Europe industry growth.