Maqui berries Market – Porter’s Five Forces Strategy Analysis and Forecasts to 2028

Based on an as of late distributed report by Transparency Market Research, titled, ‘Maqui berries Market: Global Industry Analysis and Opportunity Assessment 2018-2028′, the general income produced from the maqui berries market is foreseen to be esteemed at some place around US$ 863.7 Mn in 2018, which is required to ascend at a CAGR of 21.2% all through the estimate time frame (2018-2028).

In the course of the most recent couple of years, there is an unpretentious increment in the interest of practical sustenance in the market, which demonstrates that the purchaser in the nourishment and drink market is expecting sustenance items with high dietary advantages with other medical advantages. The worldwide practical drink market is expanding at a development pace of roughly 9.0% which is required to build the interest for protein, sports and healthful refreshments in the coming future. Expanding wellness devotee and wellbeing cognizant populace in each area are fuelling the interest for practical nourishment and refreshments.

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Maqui berries have demonstrated excellent potential to fulfill the demand of customers in the market. Maqui berries is gaining attention as customers are looking for nutritional drinks with high nutritional value and with no artificial ingredients or added sugar. To cater to the demand of the customers, manufacturers in the food and beverage industry are introducing food and beverages with superfruits such as maqui berries, acai berries, goji berries, and others. In the global maqui berries market, Latin America holds the major share i.e. 35% value share of the consumption of maqui berries as it is exclusively grown in Chile and some parts of Argentina.

However, with increasing health-conscious customers and fitness enthusiasts in Europe and North America, it is expected that these regions will witness robust growth in the coming future. Many food manufacturers, nutraceuticals and dietary supplement manufacturers are showing their keen interest to bring maqui berries in their product portfolio.

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demand for ‘All Natural’ preservation for the frozen fruits

In the global food and beverage market, customers are inclining towards natural food products such as frozen fruits and IQF food items due to associated health issues with artificial food additives and ingredients in food processing. This is fuelling demand for frozen superfruits, which also come in the form of IQF food items as these do not contain any artificial ingredients or related products

A study by Dr. Gene Lester of the USDA Agricultural Research Center in Weslaco, Texas, concludes that when naturally ripen fruits and vegetables are freeze-dried, they provide the most nutrition rather than the fruits which are harvested early to freeze dry. Transportation of fresh produce from the farm to the market takes a couple of weeks, during which the fruits tend to lose a lot of nutrients. Frozen produce remains nutritionally intact for up to a year

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Increasing penetration of maqui berries sorbet in Europe and APEJ

The maqui berries sorbets are on-demand products and are gaining traction in the market. Sorbet is a frozen dessert made from sweetened water with flavoring from fruit pulp, fruit juice or liquor.  The maqui berries sorbets are well established in the markets of South America and North America. Currently, the market is witnessing an increasing demand for maqui berries sorbets from European countries and a few of the Asian countries. The increasing marketing initiatives by the players to expand their geographical presence have surged the demand for maqui berries sorbet across the globe.

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Maqui berries Market: Competition Dashboard

TMR has profiled some of the prominent companies active in the maqui berries market, such as Sunfood Superfoods, Navitas Organics, Maqui New Life S.A., Sevenhills Wholefoods, Bayas d el Sur SA, SouthAm Freeze Dry, Neorganika, Arauco Nutrientes Naturales, Terrasoul Superfoods, HP Ingredients, Kiva Health Food, and others.

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