Caffeine Market to Witness Steady Growth at CAGR of 2.5% by 2017-2022
February 26, 2019: Global Caffeine Market is estimated to grow at a substantial CAGR of 2.5% by 2022 as the scope, product types, and its applications are increasing across the globe. Caffeine belongs to “methylxanthine class”. It acts as a stimulant to central nervous system (CNS). It is the world's most extensively consumed psychoactive drug. The factors that propel the growth of the Caffeine Market include the facts that the intake of caffeine improves concentration, enhances performance, and lowers the risk of cardiovascular disease, colon, liver, and colorectal cancers. Improved consciousness regarding health has led to surge in consumption of sports drinks; that have concentrations of caffeine. On the other hand, there are factors that may hamper the growth of the market including health hazards such as surge in blood sugar levels; which, in turn, proves to be detrimental for people with type 2 diabetes (as insulin level goes in for a toss), along with price varia...