Global Maqui Berries Market 2020 (Includes Business Impact of COVID-19)

                                          
“Global Maqui Berries Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. The global maqui Berries market report has been segmented on the basis of nature, form, end user, distribution channel, and region.

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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