Global Maqui Berries Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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May 2023
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This report was compiled by Shreyas Rokade Shreyas Rokade is a seasoned Research Analyst with CMFE, bringing extensive expertise in market research and consulting, with a strong background in Chemical Engineering. Correspondence Team Lead-CMFE Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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“Global Maqui Berries Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global maqui Berries market report has been segmented on the basis of nature, form, end user, distribution channel, and region.
Global Maqui Berries Market: Overview
Maqui berries is a plant belonging to the Elaeocarpaceae family. Maqui berry is an exotic and dark-purple fruit. It is generally grown in Chile and Argentina. Maqui berry is an evergreen small tree with approximate height of up to 4m. The leaves are generally dark green in color and are oval in space. The flowers are typically unisexual and large. Maqui is widely consumed for weight loss, for treatment of heart disease, fatigue, as well as for general health and wellness. The berries and juice contain chemicals which act as an antioxidant and protect body cells from damage. Maqui berries contain calcium, iron, as well as vitamins A, C, B1, and B3.
Global Maqui Berries Market: Dynamics
Rising adoption of hybrid techniques for cultivation of Maqui Berries is a major factor expected to drive growth of the global maqui berries market. In addition, maqui berry is marketed as a super fruit owing to high antioxidant content as well as health benefits, such as help in reduction of inflammation, heart health, and blood sugar control are some other factor expected to drive the growth of target market over the forecast period. Furthermore, increasing population, diverse dietary and nutritional needs, and growing awareness regarding health and medical benefits of maqui berries are other factors expected to drive the growth of the target market over the forthcoming years. However, regulations regarding the export-import are relatively stringent is a major factor that may restraint growth of the target market to a certain extent.
Global Maqui Berries Market: Trends
The increasing popularity of E-commerce is allowing manufacturers to offer products online at a discounted rate as well as consumers are becoming aware of the health benefits of maqui berries, which propel the demand for maqui berries based product and are some of the recent trend witnessed in the target market.
Global Maqui Berries Market: Segment Analysis
Among the nature type, organic is expected to register high growth revenue over the forecast period. This is due to growing preferences of organic product among consumers. Among the form, a fresh form of maqui berries is expected to register highest CAGR, owing to higher consumption.
Global Maqui Berries Market: Regional Analysis
Currently, the market in Asia Pacific accounted for the high revenue share in the global market. This is primarily due to the rapidly growing cosmetic industry coupled with higher demand for aesthetic appearances, especially among the young population. The market in North America accounted for significant revenue, owing to growing demand for dietary supplements coupled with growing disposable income level in countries in the region. The markets in Europe are expected to account for significant revenue growth in the global market, followed by Latin America, and Middle East & Africa markets in the global maqui berries market.
Global Maqui Berries Market Segmentation:
Segmentation by nature:
- Organic
- Conventional
Segmentation by form:
- Fresh
- Processed
Segmentation by end user:
- Food & Beverages
- Nutraceuticals
- Personal Care
Segmentation by distribution channel:
- Hypermarkets/Supermarkets
- Specialty Stores
- Conventional Stores
- Online Retailing
Segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- Sunfood Superfoods
- Navitas Organics
- Maqui New Life S.A
- Sevenhills Wholefoods
- Bayas d el Sur SA
- SouthAm Freeze Dry
- Neorganika
- Arauco Nutrientes Naturales
- Terrasoul Superfoods
- HP Ingredients Corporation
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