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Global Acai Berry Market Share 2024, Forecast To 2033

7 Nov, 2024

The acai berry market has seen strong growth in recent years, expanding from $1.74 billion in 2023 to $1.91 billion in 2024, reflecting a compound annual growth rate (CAGR) of 9.8%. The growth observed during the historic period can be attributed to its rising popularity as a natural energy booster, increased use in sports nutrition, substantial growth in online retail, demand for organic and sustainable food products, and the popularity of acai bowls and smoothies. Looking ahead, the acai berry market is expected to grow further, reaching $2.8 billion by 2028 at a CAGR of 10%. Growth in the forecast period is likely driven by the demand for natural, health-conscious food options, the prevalence of lifestyle diseases, growing use in cosmetics, an increase in health-conscious consumers, and a rising focus on health and wellness products. Key trends in the forecast include technological advancements, the rise of superfoods, functional food options, plant-based diets, and the development of acai-based snack bars.

Global Acai Berry Market Key Driver

The rising interest in health and wellness products is expected to propel the growth of the acai berry market going forward. Health and wellness products refer to items designed to improve physical, mental, and emotional well-being, including supplements, fitness equipment, skincare, and natural remedies. Health and wellness product use is rising due to increasing awareness of the benefits of proactive health management and a growing desire for preventive measures and improved quality of life. Acai berries enhance health and wellness products by providing antioxidants, fiber, and healthy fats that support energy, digestion, heart health, and skin vitality. For instance, in July 2022, according to reports published by the International Food Information Council (IFIC), a US-based non-profit organization, 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%) as the top preferences. Therefore, the rising interest in health and wellness products drives the acai berry market, which is projected to reach $450 million by 2024 and $600 million by 2028.

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Global Acai Berry Market Segments

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.

Major Acai Berry Industry Players

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

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Acai Berry Market Overview

Acai berry is a small, dark purple fruit native to the Amazon rainforest, known for its rich antioxidant content and numerous health benefits. It is consumed in the form of acai bowls, smoothies, or supplements due to its high nutrient density, including fiber, healthy fats, and vitamins. It is popular in the health and wellness industry and is praised for supporting heart health, boosting energy, and promoting overall well-being.

Acai Berry Global Market Report 2023 provides data on the global acai berry market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The acai berry market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.