Global Acai Berry Market Share 2024, Forecast To 2033
12 Nov, 2024
The acai berry market has experienced strong growth, projected to increase from $1.74 billion in 2023 to $1.91 billion in 2024, at a CAGR of 9.8%. This growth has been fueled by its popularity as a natural energy booster, rising use in sports nutrition, significant expansion in online retail, higher demand for organic and sustainable foods, and growth in acai bowls and smoothies. The acai berry market is expected to grow to $2.8 billion by 2028, at a CAGR of 10%. The market expansion is driven by the increasing demand for natural and healthy food, growing lifestyle diseases, the rising need for cosmetics, more health-conscious consumers, and a growing interest in wellness products. Trends include technological innovations, the popularity of superfoods, functional foods, plant-based diets, and acai-based snacks.
Major Driver In The Acai Berry Market
The rising interest in health and wellness products is expected to boost the growth of the acai berry market. Health and wellness products, which aim to improve physical, mental, and emotional well-being, include supplements, fitness equipment, skincare, and natural remedies. The use of health and wellness products is on the rise due to growing awareness of proactive health management, preventive measures, and the desire for improved quality of life. Acai berries, known for their antioxidants, fiber, and healthy fats, play a key role in these products by supporting energy, digestion, heart health, and skin vitality. In July 2022, the International Food Information Council (IFIC) reported that 52% of participants in the Food and Health Survey followed a specific diet in 2022, up from 39% in 2021, with clean eating (16%), mindful eating (14%), and calorie counting (13%) being the most popular preferences. This increasing interest in health and wellness products is driving the acai berry market, which is expected to grow to $450 million in 2024 and $600 million by 2028.
Request A Free Sample Of The Acai Berry Market ReportAcai Berry Market Competitive Landscape
NOW Health Group Inc., Jamba Juice Inc., Sambazon Inc., Sunfood Superfoods, Terrasoul Superfoods, Navitas Organics LLC, Frooty Comercio e Industria de Alimentos SA, Ivia Beaute Pvt. Ltd., Parker Naturals LLC, Nossa Fruits SAS, Energy Foods International LLC, Acai Berry Foods, Acai Roots Inc., AcaiExotic, Amazon Power, Kuber Impex Ltd., Moksha Lifestyle, Organique Acai, SB Organics, The Berry Company Limited, Tropical Acai LLC, Nativo Açai
Key Acai Berry Market Trend
In the acai berry market, companies are innovating with products like acai sorbet to deliver the health benefits of acai berries, such as antioxidants and vitamins. For example, in December 2023, Oakberry Acai, a US-based restaurant chain, launched Oakberry Tubs, a new at-home acai sorbet made from Brazilian acai berries. These dairy-free sorbets are ideal for vegans and lactose-intolerant individuals, and can be customized with seasonal fruits or the brand’s in-house vegan granola and peanut butter.
Purchase The Global Acai Berry Market Report Directly And Get A Swift DeliveryGlobal Acai Berry Market Segmentation
The acai berry market covered in this report is segmented –
1) By Product: Pulp, Dried
2) By Distribution Channel: Hypermarket, Supermarket, Online Stores, Convenience Stores
3) By Application: Food And Beverages, Pharmaceuticals, Dietary Supplements, Personal Care Or Cosmetics, Other Applications
By Geography:The regions covered in the acai berry market report areAustralia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the acai berry market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
The Acai Berry Global Market Report 2024 furnishes information about the global acai berry market, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.