The latest market report published by Credence Research, Inc. “Acai Berry Market, By Form (Dried, Pulp and Others), Application (Food & Beverages, Neutraceuticals, Cosmetics, Pharmaceuticals and Others (Animal Feed, Jewelry, etc.) and Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) – Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the global acai berry market is expected to grow at a CAGR of 12.6% over the forecast period from 2017 to 2025.
[Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction To The Synopsis, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology are also Included]
Increasing demand for acai berry in the form of food supplements in daily diets is a key driver of the growth of the global acai berry industry. In fact, acai berry is in the super food category. Super foods help to achieve weight loss goals, reduce the risk of heart disease and provide a nutritious boost to minerals, vitamins and fiber. In addition, the growing use of acai berries as an antioxidant in a variety of food & beverage products is another major driver of market growth.
Furthermore, the increasing demand for acai berries in organic cosmetics has boosted the global demand for premium personal care products, which, in turn, is driving market growth. In addition, growing consumer awareness of safety due to rapid changes in living standards is driving market growth.
However, with the rapid growth of the global population and growing purchasing power in developing economies such as South Korea, India, China and other ASEAN countries, demand for natural ingredients dependent on cosmetics and personal care products has increased. This leads to a high demand for acai berries in these nations.
The global acai berry market is witnessing a decent growth owing to increasing demand from food supplement applications coupled with changing lifestyles of consumers in the developing regions. Some of the major players operating in the global acai berry market include Acai Exotic, Acai Roots, Nativo Acai, Vision America International, Sambazon, Amazon Power, Amazon Forest Trading, Organique Inc., Acai Mill and Ross and Phyto Nutraceutical Inc. among others.
Increasing disposable income of consumers
Increasing demand for food supplements
Increasing demand for organic personal care products