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Increasing demand from end users such as the food and beverage industry is likely to stimulate innovation in the manufacturing of energy ingredients, propelling the market during the forecast period.

The global energy ingredients market 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%.

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Global Energy Ingredients Market Segments Include:

• By Product: Caffeine, Creatine, Taurine, Ginseng, Other Products
• By Distribution Channel: Supermarkets Or Hypermarkets, Specialty Stores, Convenience Stores, Online Retail Stores, Other Distribution Channels
• By Application: Food, Beverage, Supplements, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global energy ingredients market in 2021.

Major Market Players in the energy ingredients market include BASF SE, Spectrum Chemical Mfg. Corp., RFI Ingredients, Korea Ginseng Corporation, Orkla, ILHWA Enzyme Fermented Ginseng, Applied Food Sciences Inc. (AFS), Naturalin Bio-Resources Co. Ltd.

Product innovations have emerged as the most popular trend in the energy ingredient market. Major players in the energy ingredients market are introducing novel products to increase their market position. PepsiCo, a US-based food and beverage corporation, for example, debuted Rockstar Unplugged energy drink in February 2022 with a novel blend of hemp seed oil and B vitamins. These ingredients, combined with the unique properties of Rockstar Unplugged, deliver fruit-forward energy spikes that aid in maintaining a free-flowing, easy-going, and soul-fueling attitude for any mood or occasion. This drink is intended to provide customers with a good amount of caffeine in the form of a new sugar-free and calorie-free beverage.

The Energy Ingredients Global Market Report 2023  provides a energy ingredients market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The energy ingredients market forecast analyzes energy ingredients market size, energy ingredients market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The ingredients used for energy or powdered drinks for client consumption are referred to as energy ingredients. It is utilised in energy drinks to provide people of all ages with energy and health advantages.

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