Press release
Goji Berries Market to Reach $1.90 Billion by 2030, Growing at a CAGR of 3.9%
Goji Berries Market
The global goji berries market is projected to grow significantly, with an estimated value of USD 1.45 billion in 2023 and expected to reach USD 1.90 billion by 2030, expanding at a robust CAGR of 3.9 % during the forecast period from 2024 to 2030. This growth is driven by increasing demand for natural and organic products, the rising popularity of superfoods, and the expanding application of goji berries in nutraceuticals, food & beverages, and cosmetics.
๐๐๐ฒ ๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
The goji berries industry has seen significant investments in R&D and product diversification. ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐ฅ๐ข๐ค๐ ๐๐๐ ๐๐ญ๐. and ๐๐๐ ๐ ๐จ๐จ๐๐ฌ have introduced new organic and fortified goji berry products, catering to health-conscious consumers. Additionally, strategic partnerships and acquisitions, such as ๐๐๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง acquisition of ๐๐๐ ๐ ๐๐ซ๐ฆ๐ฌ, have further strengthened the market landscape.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/71727/
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐๐ข๐๐ญ๐ง๐๐ฆ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ'๐ฌ ๐๐จ๐ฃ๐ข ๐๐๐ซ๐ซ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
Vietnam's goji berries market is poised for growth due to increasing health awareness and the adoption of superfoods. The market is expanding at a CAGR of X%, with domestic producers collaborating with global brands to cater to the rising demand. Recent developments include ๐๐๐ ๐๐ ๐ซ๐จ'๐ฌ investment in local farms to increase production and reduce costs.
๐๐ก๐๐ข๐ฅ๐๐ง๐ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐'๐ฌ ๐๐จ๐ฃ๐ข ๐๐๐ซ๐ซ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
Thailand has witnessed a surge in goji berry imports, driven by demand for herbal remedies and functional foods. Companies like ๐๐๐ ๐ ๐จ๐จ๐๐ฌ have focused on partnerships with local distributors, ensuring widespread availability. Recent mergers, such as ๐๐๐ ๐๐ฅ๐จ๐๐๐ฅ'๐ฌ acquisition of a Thai organic farming enterprise, underline the consolidation trends in the region.
๐๐๐ฉ๐๐ง ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฉ๐๐ง'๐ฌ ๐๐จ๐ฃ๐ข ๐๐๐ซ๐ซ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
The Japanese market is seeing innovative applications of goji berries in cosmetics and functional beverages. Leading companies, such as ๐๐๐ ๐๐จ๐ซ๐ฉ., have introduced goji-infused skincare lines, appealing to the anti-aging segment. Partnerships between XYZ Foods and Japanese wellness brands have also bolstered market presence.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/71727/
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐'๐ฌ ๐๐จ๐ฃ๐ข ๐๐๐ซ๐ซ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
South Korea's thriving nutraceutical industry is driving the adoption of goji berries. Companies like ๐๐๐ ๐๐ญ๐. are leveraging advanced processing techniques to maintain nutritional value. The government's push for organic agriculture has encouraged collaborations between local and international firms.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐'๐ฌ ๐๐จ๐ฃ๐ข ๐๐๐ซ๐ซ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
Singapore serves as a hub for premium health foods, and goji berries are no exception. High disposable incomes and demand for clean-label products have fueled market expansion. ๐๐ ๐ ๐๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ has introduced high-quality dried goji berries through e-commerce platforms, meeting consumer preferences for convenience.
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐.๐. ๐๐จ๐ฃ๐ข ๐๐๐ซ๐ซ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
The U.S. market accounts for a substantial share of global revenue due to the increasing popularity of superfoods and organic products. Companies like ๐๐๐ ๐๐ซ๐ ๐๐ง๐ข๐๐ฌ are driving growth through strategic alliances with major retailers like ๐๐๐ฅ๐ฆ๐๐ซ๐ญ and ๐๐ก๐จ๐ฅ๐ ๐ ๐จ๐จ๐๐ฌ. Investments in sustainable farming practices are also gaining momentum.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/71727/
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐'๐ฌ ๐๐จ๐ฃ๐ข ๐๐๐ซ๐ซ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
Europe represents a mature market with growing opportunities in functional foods and beverages. Countries like Germany, the UK, and France are major consumers. ๐๐๐ ๐ ๐จ๐จ๐๐ฌ has acquired ๐๐๐ ๐๐ซ๐ ๐๐ง๐ข๐, strengthening its foothold in the region. Additionally, EU initiatives supporting organic farming have positively impacted the industry.
๐๐จ๐ฃ๐ข ๐๐๐ซ๐ซ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Fresh
Dried
Juice
Powdered
Frozen
๐๐ฒ ๐๐ง๐-๐๐ฌ๐
Food and Beverage
Pharmaceuticals
Nutraceuticals
Personal Care and Cosmetics
Others
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
Hypermarkets/ Supermarkets
Specialty Stores
Convenience Stores
Online Retail
Others
๐ ๐จ๐ซ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ, ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/market-report/global-goji-berries-market/71727/
๐๐จ๐ฃ๐ข ๐๐๐ซ๐ซ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1 Shaanxi Zhengsheng Kangyuan Bio-Medical Co., Ltd
2 Gojix LTD.
3 Pure Healing Foods
4 The Tibetan Goji Berry Company
5 Indigo Herbs
6 Gojoy Berries Inc
7 Navitas Organics
8 Others
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐๐ก๐๐ญ'๐ฌ ๐๐ซ๐๐ง๐๐ข๐ง๐ :
โฆ Oat Milk Market https://www.maximizemarketresearch.com/market-report/oat-milk-market/188059/
โฆ Organic Beer Market https://www.maximizemarketresearch.com/market-report/organic-beer-market/75809/
โฆ Organic Cocoa Products Market https://www.maximizemarketresearch.com/market-report/organic-cocoa-products-market/198345/
โฆ Organic Pet Food Market https://www.maximizemarketresearch.com/market-report/organic-pet-food-market/166911/
โฆ Panela Market https://www.maximizemarketresearch.com/market-report/panela-market/203447/
โฆ Pasta Market https://www.maximizemarketresearch.com/market-report/pasta-market/125484/
โฆ Pet Food Ingredients Market https://www.maximizemarketresearch.com/market-report/pet-food-ingredients-market/230932/
โฆ Plant Based Food Beverage Market https://www.maximizemarketresearch.com/market-report/plant-based-food-beverage-market/111733/
โฆ Plasma Powder Market https://www.maximizemarketresearch.com/market-report/plasma-powder-market/186187/
โฆ Poppy Seed Market https://www.maximizemarketresearch.com/market-report/poppy-seed-market/148008/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Goji berries, also known as wolfberries, are a popular superfood packed with antioxidants and nutrients. The market for goji berries is expected to grow rapidly, with a projected CAGR of 12.30% during the forecasted period. This growth is driven by increasing awareness of the health benefits of goji berries, rising demand for organic and natural products, and expanding distribution channels.
The current outlook for theโฆ
Strategies Major Players are Goji Berries Market
Goji berries are the fruits of the wolfberry or goji plants. These plants belong to the Lycium genus and are of two varieties, Lycium barbarum, and Lycium chinense. Goji berries are known by several names including wolfberry, boxthorn and matrimony vine. Goji berry plants are native to China and have a long history of consumption and use in traditional medicines. The berries gained widespread popularity in developed countries owing toโฆ
