North America Energy Ingredients Market

North America Energy Ingredients Market Size, Share & Industry Trends Analysis Report By Product (Caffeine, Creatine, Taurine, Ginseng and Others), By Application (Beverage, Food, Supplements and Others), By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-12345 Publication Date: November-2022 Number of Pages: 56
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Market Report Description

The North America Energy Ingredients Market would witness market growth of 7.1% CAGR during the forecast period (2022-2028).

The market will expand as a result of consumers' increasing attention to energy ingredients like taurine because of its numerous health benefits. The chemical is added to energy drinks to depress the nervous system and stimulate the brain. To improve product visibility among customers, leading industry producers are releasing novel goods utilizing taurine as their main ingredient.

For instance, Performance Drink Group, Inc., a rising star in the production of distinctive energy and sports beverages, announced the release of "Pro Boost," a brand-new 2 FL OZ (60 ml) zero-calorie, zero-sugar energy supplement drink, in May 2022. The supplement contains energizing ingredients like taurine, malic acid, caffeine, glucuronolactone, and L-phenylalanine.

Five states addressed the problem of cognitive impairment in 2009 by determining how cognitive impairment affected their population. This understanding is essential to create or maintaining effective policies and programs that meet the needs of people with cognitive impairment. Costly cognitive deterioration. Over three times, quite so many hospital stays are reported by people with cognitive impairment than by people who are admitted for another reason. According to estimates, the third most costly disease to treat in the U. S. is Alzheimer's disease and related dementias.

The US market dominated the North America Energy Ingredients Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5,823.9 Million by 2028. The Canada market is poised to grow at a CAGR of 9.5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 8.6% during (2022 - 2028).

Based on Product, the market is segmented into Caffeine, Creatine, Taurine, Ginseng and Others. Based on Application, the market is segmented into Beverage, Food, Supplements and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Global Energy Ingredients Market is Predict to reach $31.8 Billion by 2028, at a CAGR of 7.9%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Korea Ginseng Corporation (Korea Tobacco & Ginseng Corporation), BASF SE, Sinochem Group Co., Ltd., Orkla ASA, Spectrum Chemical Mfg. Corp (Spectrum Laboratory Products, Inc.), RFI Ingredients, LLC, Changsha Huir Biological-Tech Co., Ltd., Naturalin Bio-Resources Co., Ltd, Ilhwa Co., Ltd, and Applied Food Sciences, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Product

  • Caffeine
  • Creatine
  • Taurine
  • Ginseng
  • Others

By Application

  • Beverage
  • Food
  • Supplements
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Korea Ginseng Corporation (Korea Tobacco & Ginseng Corporation)
  • Sinochem Group Co., Ltd.
  • Orkla ASA
  • Spectrum Chemical Mfg. Corp (Spectrum Laboratory Products, Inc.)
  • RFI Ingredients, LLC
  • Changsha Huir Biological-Tech Co., Ltd.
  • Naturalin Bio-Resources Co., Ltd
  • Ilhwa Co., Ltd
  • Applied Food Sciences, Inc.
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