Guarana Market to Set Phenomenal Growth by 2026
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About Guarana Market ❖Guarana market size exceeded over USD 120 Million, in 2019 and is estimated to grow at over 7% CAGR between 2020 and 2026. Global guarana industry growth is attributed to growing consumer health awareness along with the need for clean & naturally derived ingredients. ❖Guarana is a dried paste derived from crushed seeds of P. sorbilis or P. cupana which is a woody perennial shrub native to Brazil and other Amazon regions.
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❖This product finds application as ingredients in food & beverages, cosmetics and pharmaceutical manufacturing. This product offers stimulant, weight loss promotion, relieve chronic diarrhea & treat constipation and anti-cancer properties. Thereby driving the guarana market growth.
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Market Overview
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Key Players - Guarana Market ❖Ambev ❖AR De Sousa Ribeiro ❖Duas Rodas Industrial ❖Herboflora ❖Givaudan ❖HERBO NUTRA
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