Acai Berry Extract Market 2028 By Type, End-Use Industry and Geography | The Insight Partners

MARKET OVERVIEW

The berry is mainly harvested from acai palm trees and is widely consumed in Brazil in dried as well as pulp form. The vast purported health benefits offered by acai berry is a key underpinning to the attractiveness of the demand for acai berry extract in the food and beverages industry. Acai berries are mostly preferred in dried form owing to the ease of storage and transportation. The dried form can also be consumed to help heal scars along with treat dry skin problems. Advances in the processing of these berries have helped manufacturers also producers to preserve the nutritional efficacy of the products.

MARKET SCOPE

The “Global Acai Berry Extract Market Analysis to 2028” is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the acai berry extract market with detailed market segmentation by form, application, and geography. The report provides key statistics on the market status of the leading acai berry extract market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

• Based on form, the global acai berry extract market is segmented into powder and liquid
• Based on application, the market is bifurcated into food and beverage, pharmaceutical and nutraceutical, and others

MARKET DYNAMICS

Drivers-

• Increasing application in personal care and cosmetic industry
• Introduction of organic acai berry extract by different market players
• Rising demand as supplements for weight loss

Restraints-

• Availability of other berry extract in the market

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The acai berry extract market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the acai berry extract market in these regions.

IMPACT OF COVID-19 ON ACAI BERRY EXTRACT MARKET

As of June 2021, the US, India, Brazil, Russia, Spain, France, the UK, Turkey, and Italy, are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 is affecting economies and several industries in different countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various manufacturing plants and factories has also been affected the global supply chains also negatively impacted the manufacturing, delivery schedules, and sales of goods in the global market. In addition, the global travel bans further imposed by countries in Europe, Asia-Pacific, and North America are also affecting business collaborations as well as partnership opportunities.

Due to the Covid-19 pandemic, the food and beverage industry is also facing huge losses, which is further impacting the world economy. It has further disrupted the transportation system and disrupted the supply of raw materials. The disruptive value chain has had a negative impact on the raw material supply, which, in turn, is impacting the growth of the acai berry extract market. However, as the economies are planning to revive their operations, the demand for acai berry extract is presumed to rise since consumers are buying food products through online retailers. In addition, food & beverage producing companies are also taking some safety measures to fight the coronavirus, which include limiting direct contact with delivery person & visitors, strengthening & communicating proper hygiene practices, and conducting complete sanitations & eliminating personnel contact during shift changes. With all these factors, it can be presumed that in post-pandemic times, the demand for these products will take a hike.

KEY

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The report covers key developments in the acai berry extract market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from acai berry extract market are anticipated to witness lucrative growth opportunities in the future with the rising demand for acai berry extract in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the acai berry extract market. In addition, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last 3 years, the key developments in the last five years.

• The Green Labs LLC
• Nutra Green Biotechnology Co. Ltd.
• CARDASSILARIS FAMILY LTD
• BR Ingredients
• NP Nutra
• Z-Company BV
• Formulator Sample Shop
• Makers Ingredients
• Oand3 Limited
• Prinova Group LLC

The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

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