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The global energy ingredients market size is expected to grow from $22.44 billion in 2022 to $24.31 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%.
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Energy Ingredients Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032
Energy Ingredients Segments The Business Research Company segments it’s Energy Ingredients report as: Caffeine, Creatine, Taurine, Ginseng, Other Products By Product By Distribution Channel Supermarkets Or Hypermarkets, Specialty Stores, Convenience Stores, Online Retail Stores, Other Distribution Channels By Application Food, Beverage, Supplements, Other Applications
Market Statistics The global energy ingredients market size is expected to grow from $22.44 billion in 2022 to $24.31 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The energy ingredients market size is expected to reach $32.94 billion in 2027 at a CAGR of 7.9%. Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers The increasing demand from end users such as the food and beverage industry is expected to boost the growth of the energy ingredients market going forward. Trends Product innovations have emerged as the key trend gaining popularity in the energy ingredient market. • Region North America was the largest region in the energy ingredients market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global energy ingredients market during the forecast period. The regions covered in the global energy ingredients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Market Players • Major players in the Energy Ingredients are: • BASF SE • Spectrum Chemical Mfg. Corp. • RFI Ingredients • Korea Ginseng Corporation • Orkla • And more. Get More Information On The Energy Ingredients Report
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