Was reading more on Synthetic Caffeine Industry, here are my findings:
Global Market Size: 120,000 tonnes (USD2.4bn appx)
Global Growth: 5.4% CAGR
US is the largest market (40%), followed by EU.
South Asia is the fastest growing market at 14% CAGR growth
End Usage: 55% Foods, 10-15% Pharma
Major Manufacturers
CSPC Pharma Group
Aarti Pharmalabs
BASG SG
Spectrum Labs
Kudus Chimie
Shi Yao Pharma
Minerals Ltd
Indian Players
Shri Ahimsa Mines
Micro Labs India
Chinese have 40% share of global production of Synthetic Caffeine
During my scuttlebutt one of the dealers mentioned about some chinese firms dumping at much lower costs in Q4, any edge on current pricing will be extremely helpful!
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