Market Overview:
The global maqui berries market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for organic maqui berries and rising awareness about the health benefits of maqui berries. Additionally, growing applications of maqui berries in food & beverages, nutraceuticals and personal care products are also contributing to the growth of this market. However, factors such as high price point and limited production are restraining the growth of this market. On basis on type, organic segment is projected to account for a larger share in terms revenue as compared to conventional segment over forecast period. This can be attributed majorly due rising consumer inclination towards organic products coupled with stringent regulatory norms pertaining environmental friendly production practices across globe .
Product Definition:
Maqui berries are a type of small, dark purple berry that is native to South America. The berries have a tart flavor and are high in antioxidants. Maqui berries are used to make juice, jams, and desserts. The antioxidants in the berries can help protect against disease and improve overall health.
Organic Maqui Berries:
Introduction of organic maqui berries to the food & beverage industry has been a great success and is expected to remain so in the future. The product was introduced as an addition to various products such as juices, ice creams, cereals bars and snacks. It has also been used for making beverages which include cold brew coffee and cold-pressed juice.
Conventional Maqui Berries:
Conventional Maqui Berries is a term used for the fruits of Vaccinium myriacum and V. membranaceum, which are also known as blueberries or mauvis. The fruits of conventional Maqui Berries have been grown on a large scale in Chile and Argentina, but in recent years there has been an increase in their cultivation throughout the world especially in North America and Europe.
Application Insights:
The market is segmented based on application into food & beverages, nutraceuticals, personal care and others. The food & beverage sector accounted for the largest revenue share in 2017 and is anticipated to continue its dominance over the forecast period. The product has a number of health benefits which makes it suitable for use in various functional foods and beverages applications.
Nutraceuticals are expected to be one of the fastest-growing segments during the forecast period owing to increasing demand from countries such as India, China, Australia and New Zealand among others where they are used traditionally for medicinal purposes. In addition, growing awareness regarding their uses as dietary supplements across various parts of Europe is also expected to drive growth over next seven years or so.
Regional Analysis:
North America was the largest market for organic and conventional maqui berries in 2016. Rising consumer awareness regarding health, fitness, and weight loss has resulted in increased demand from food & beverage industry. Organic products have gained significant market share owing to their high nutritional content as well as superior taste compared to other fruits. The region is expected to register a CAGR of XX% over the forecast period on account of increasing product consumption in countries like U.S., Canada, and Mexico that are highly influenced by modern lifestyle resulting into obesity problems among people aged 2C29 years old group (BMI 25).
Growth Factors:
- Increasing awareness about the health benefits of maqui berries is expected to drive their demand in the global market.
- The increasing popularity of functional foods is projected to boost the growth of the maqui berries market over the forecast period.
- Rising disposable income and changing lifestyle trends are anticipated to fuel demand for maqui berries in developed countries during the forecast period.
- Growing inclination towards healthy and organic food products is likely to create lucrative opportunities for players operating in the global maqui berries market over next few years. 5) The increasing number of research studies on antioxidant properties and other health benefits associated with consumption of maqui berries is expected to propel their demand in near future
Scope Of The Report
Report Attributes
Report Details
Report Title
Maqui Berries Market Research Report
By Type
Organic Maqui Berries, Conventional Maqui Berries
By Application
Food & Beverages, Nutraceuticals, Personal Care, Others
By Companies
Maqui New Life, Mountain Rose Herbs, Sunfood Superfoods, Sevenhills Wholefoods, Navitas Organics, Terrasoul Superfoods, Kiva Health Food, Neorganika, Maqui New Life
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Maqui Berries Market Report Segments:
The global Maqui Berries market is segmented on the basis of:
Types
Organic Maqui Berries, Conventional Maqui Berries
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverages, Nutraceuticals, Personal Care, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Maqui New Life
- Mountain Rose Herbs
- Sunfood Superfoods
- Sevenhills Wholefoods
- Navitas Organics
- Terrasoul Superfoods
- Kiva Health Food
- Neorganika
- Maqui New Life
Highlights of The Maqui Berries Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic Maqui Berries
- Conventional Maqui Berries
- By Application:
- Food & Beverages
- Nutraceuticals
- Personal Care
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Maqui Berries Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Maqui berries are a type of berry that is native to the Andes Mountains. They are small, dark, and have a sour taste. Maqui berries are used in food products and as a natural dye.
Some of the key players operating in the maqui berries market are Maqui New Life, Mountain Rose Herbs, Sunfood Superfoods, Sevenhills Wholefoods, Navitas Organics, Terrasoul Superfoods, Kiva Health Food, Neorganika, Maqui New Life.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Maqui Berries Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Maqui Berries Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Maqui Berries Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Maqui Berries Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Maqui Berries Market Size & Forecast, 2018-2028
4.5.1 Maqui Berries Market Size and Y-o-Y Growth
4.5.2 Maqui Berries Market Absolute $ Opportunity
Chapter 5 Global Maqui Berries Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Maqui Berries Market Size Forecast by Type
5.2.1 Organic Maqui Berries
5.2.2 Conventional Maqui Berries
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Maqui Berries Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Maqui Berries Market Size Forecast by Applications
6.2.1 Food & Beverages
6.2.2 Nutraceuticals
6.2.3 Personal Care
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Maqui Berries Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Maqui Berries Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Maqui Berries Analysis and Forecast
9.1 Introduction
9.2 North America Maqui Berries Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Maqui Berries Market Size Forecast by Type
9.6.1 Organic Maqui Berries
9.6.2 Conventional Maqui Berries
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Maqui Berries Market Size Forecast by Applications
9.10.1 Food & Beverages
9.10.2 Nutraceuticals
9.10.3 Personal Care
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Maqui Berries Analysis and Forecast
10.1 Introduction
10.2 Europe Maqui Berries Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Maqui Berries Market Size Forecast by Type
10.6.1 Organic Maqui Berries
10.6.2 Conventional Maqui Berries
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Maqui Berries Market Size Forecast by Applications
10.10.1 Food & Beverages
10.10.2 Nutraceuticals
10.10.3 Personal Care
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Maqui Berries Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Maqui Berries Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Maqui Berries Market Size Forecast by Type
11.6.1 Organic Maqui Berries
11.6.2 Conventional Maqui Berries
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Maqui Berries Market Size Forecast by Applications
11.10.1 Food & Beverages
11.10.2 Nutraceuticals
11.10.3 Personal Care
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Maqui Berries Analysis and Forecast
12.1 Introduction
12.2 Latin America Maqui Berries Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Maqui Berries Market Size Forecast by Type
12.6.1 Organic Maqui Berries
12.6.2 Conventional Maqui Berries
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Maqui Berries Market Size Forecast by Applications
12.10.1 Food & Beverages
12.10.2 Nutraceuticals
12.10.3 Personal Care
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Maqui Berries Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Maqui Berries Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Maqui Berries Market Size Forecast by Type
13.6.1 Organic Maqui Berries
13.6.2 Conventional Maqui Berries
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Maqui Berries Market Size Forecast by Applications
13.10.1 Food & Beverages
13.10.2 Nutraceuticals
13.10.3 Personal Care
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Maqui Berries Market: Competitive Dashboard
14.2 Global Maqui Berries Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Maqui New Life
14.3.2 Mountain Rose Herbs
14.3.3 Sunfood Superfoods
14.3.4 Sevenhills Wholefoods
14.3.5 Navitas Organics
14.3.6 Terrasoul Superfoods
14.3.7 Kiva Health Food
14.3.8 Neorganika
14.3.9 Maqui New Life
