According to Cognitive Market Research, the global guarana powder market size will be USD 17215.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.80% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 6886.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 5164.56 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 3959.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.8% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 860.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 344.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
The pure guarana powder segment is currently dominant in the guarana powder market.