Global Acai Berry Market by Forms, End-uses, Regions, Market Size, Share and Trends, Forecasts 2019–2026
Global Acai Berry Market was valued at USD 722 Million in 2019, and is set to grow at CAGR of 12.5% over 2020–2026. Growing demand for natural cosmetics, increasing awareness of health benefits of acai berries coupled with rising usage for food enhancement in daily diets and as an antioxidant in numerous food & beverage products are key factors driving the market.
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Acai berries are widely preferred in dried form due to the ease of storage and transportation. The dried form can be consumed to help heal scars and treat dry skin problems. Advances in processing of acai berry have helped manufacturers and producers to preserve the nutritional efficacy of the products.
Market Trends, Drivers, Restraints, and Opportunity:
- The increasing demand for acai berries for the production of plant-based cosmetics fuels the demand for superior personal care products worldwide thereby, drives the growth of the market.
- Growing awareness regarding fitness among consumers owing to rising living standards is anticipated to propel market growth.
- Demand for acai berries is growing due to the numerous health benefits such as improved cardiovascular health, aids weight loss, controls blood pressure, increases energy, prevents from cancer, and helps digestion.
- Moreover, surging growth in the global population and rising buying power in emerging economies are expected to offer numerous market growth opportunities.
- Risk of side effects is a key factor that can hamper market growth during the forecast period.
- Internet channels will add on to business growth, as the products become easily obtainable to consumers. This will also help companies penetrate many untapped markets.
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