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Global Acai Berry Market Size, Growth, Outlook, Analysis, Forecast: By Application; Beverages, Dietary Supplements, Confectionery; By Product Form: Pulp, Dried; By Distribution Channel: Hypermarkets or Supermarkets, Convenience Stores, Others; Regional Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028
Global Acai Berry Market Outlook
The global acai berry market size reached a value of approximately USD 0.9 billion in 2022. The market is further projected to grow at a CAGR of 11.10% between 2023 and 2028, reaching a value of USD 1.7 billion by 2028.
Key Trends in the Market
Acai berries refer to berries that are native to the rainforests in South America and are harvested from acai palm tree. This reddish-purple, inch-long fruit is rich in antioxidants and tastes like berries blended with chocolate and have a slight metallic aftertaste.
- Acai berries are widely used to flavour food products, including jelly beans, ice cream, and innovative beverages, due to their unique taste and excellent nutritional profile, serving as an excellent addition to a healthy diet.
- The rising demand for acai berries for its antioxidant benefits in the cosmetics and personal care sector is a key trend propelling the global acai berry market growth. The adoption of organic cosmetics by consumers is increasing due to increasing disposable incomes and growing awareness about the benefits of using clean label products.
- The growing preference for organic nutritional supplements is further fuelling the growth of the market for acai berries. The rising focus on health and wellness and easy availability of nutritional supplements derived from acai berries are boosting their consumption across the globe.
Market Analysis
On the basis of application, the market is divided into beverages, dietary supplements, and confectionery. By form, the market is bifurcated into pulp and dried. Based on distribution channel, the market is segregated into hypermarkets and supermarkets and convenience stores, among others. On the basis of region, the market is classified into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global acai berry market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Amazonic Ventures, LLC
- Tropical Açaí LLC
- AcaiExotic
- Acai Roots
- Green Jeeva LLC
- Sambazon, Inc.
- Acetar Bio-Tech Inc.
- Others
Market Share by Distribution Channel
By distribution channel, hypermarkets and supermarkets are projected to account for a significant portion of the global acai berry market. This is due to the adoption of advanced marketing strategies by hypermarkets and supermarkets and the availability of wide range of products. Additionally, consumers are able to verify the quality of the product purchased when shopping through hypermarkets and supermarkets. Due to such benefits, consumers are expected to prefer hypermarket and supermarkets to make purchases, aiding the segment growth.
Market Share by Region
The market for acai berry is anticipated to witness significant growth in the region of North America over the forecast period. This growth can be attributed to the high imports of acai berries in various countries of the region. The increasing awareness about the high vitamin A and calcium content of acai berries which aids in augmenting vision and fortifying joints and bones is further boosting their consumption in the North America region.
Competitive Landscape
Tropical Açaí LLC is a manufacturer of products derived from acai and are known for producing food and beverages, organic, vegan, and gluten-free products, among others. Tropical Açaí was founded in 2015 and is based in Florida, United States.
AcaiExotic is a food and beverage company that was established in 2013 and is headquartered in Florida, United States. They are known for sourcing acai from the Amazon jungle, which is then pulped and frozen to preserve nutrients.
Acai Roots is a food and beverage manufacturing company that was founded in 2005 and is based in California, United States. Acai strives to provide their customers with delicious food products that are packed with healthy ingredients.
Other acai berry market players include Amazonic Ventures, LLC, Green Jeeva LLC, Sambazon, Inc., and Acetar Bio-Tech Inc., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Application |
|
| Breakup by Product Form |
|
| Breakup by Distribution Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Acai Berry Market Analysis
8.1 Key Industry Highlights
8.2 Global Acai Berry Historical Market (2018-2022)
8.3 Global Acai Berry Market Forecast (2023-2028)
8.4 Global Acai Berry Market by Application
8.4.1 Beverages
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Dietary Supplements
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Confectionery
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.5 Global Acai Berry Market by Product Form
8.5.1 Pulp
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Dried
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.6 Global Acai Berry Market by Distribution Channel
8.6.1 Hypermarkets or Supermarkets
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Convenience Stores
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Others
8.7 Global Acai Berry Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Acai Berry Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Acai Berry Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Acai Berry Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Acai Berry Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Acai Berry Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Amazonic Ventures, LLC
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Tropical Açaí LLC
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 AcaiExotic
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Acai Roots
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Green Jeeva LLC
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Sambazon, Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Acetar Bio-Tech Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Acai Berry Market: Key Industry Highlights, 2018 and 2028
2. Global Acai Berry Historical Market: Breakup by Application (USD MillionBillion), 2018-2022
3. Global Acai Berry Market Forecast: Breakup by Application (USD MillionBillion), 2023-2028
4. Global Acai Berry Historical Market: Breakup by Product Form (USD MillionBillion), 2018-2022
5. Global Acai Berry Market Forecast: Breakup by Product Form (USD MillionBillion), 2023-2028
6. Global Acai Berry Historical Market: Breakup by Distribution Channel (USD MillionBillion), 2018-2022
7. Global Acai Berry Market Forecast: Breakup by Distribution Channel (USD MillionBillion), 2023-2028
8. Global Acai Berry Historical Market: Breakup by Region (USD MillionBillion), 2018-2022
9. Global Acai Berry Market Forecast: Breakup by Region (USD MillionBillion), 2023-2028
10. North America Acai Berry Historical Market: Breakup by Country (USD MillionBillion), 2018-2022
11. North America Acai Berry Market Forecast: Breakup by Country (USD MillionBillion), 2023-2028
12. Europe Acai Berry Historical Market: Breakup by Country (USD MillionBillion), 2018-2022
13. Europe Acai Berry Market Forecast: Breakup by Country (USD MillionBillion), 2023-2028
14. Asia Pacific Acai Berry Historical Market: Breakup by Country (USD MillionBillion), 2018-2022
15. Asia Pacific Acai Berry Market Forecast: Breakup by Country (USD MillionBillion), 2023-2028
16. Latin America Acai Berry Historical Market: Breakup by Country (USD MillionBillion), 2018-2022
17. Latin America Acai Berry Market Forecast: Breakup by Country (USD MillionBillion), 2023-2028
18. Middle East and Africa Acai Berry Historical Market: Breakup by Country (USD MillionBillion), 2018-2022
19. Middle East and Africa Acai Berry Market Forecast: Breakup by Country (USD MillionBillion), 2023-2028
20. Global Acai Berry Market Structure
Key Questions Answered in the Report
The market size reached a value of approximately USD 0.9 billion in 2022.
The market is expected to grow at a CAGR of 11.10% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of2023-2028to reachUSD 1.7 billion by 2028.
The major market drivers include rising health consciousness among general population and easy availability of acai berries through various convenient distribution channels.
The key trends fuelling the growth of the market include increasing utilisation of acai berries in production of cosmetics and self-care products and growing requirement for natural nutritional supplements.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The applications of acai berry include beverages, dietary supplements, and confectionary.
The key players in the global acai berry market are Amazonic Ventures, LLC, Tropical Açaí LLC, AcaiExotic, Acai Roots, Green Jeeva LLC, Sambazon, Inc., and Acetar Bio-Tech Inc., among others.
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