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Primary Catalyst Driving Maqui Berries Market Evolution in 2025: Growth Of The Cosmetic Industry Driving The Expansion Of The Maqui Berries Market Driver
Maqui Berries
The burgeoning cosmetic sector is anticipated to fuel the expansion of the maqui berries market in the future. The cosmetic sector encompasses the industry involved in the creation, production, and advertising of aesthetic and personal hygiene products. This industry's expansion is accredited to the rising demand for personal hygiene products, heightened beauty awareness, and advancements in product blending. Maqui berries, known for their strong antioxidant properties, are utilized in cosmetics for counteracting free radicals, lessening aging signs, and boosting skin vitality. For example, in July 2022, a report by the International Trade Administration, a Department of Commerce in the US that encourages the export of non-agricultural goods and services from the US, estimated that in 2021, the Canadian cosmetic market produced approximately USD 1.24 billion. The expected yearly growth rate of 1.45% is predicted to push revenue to around USD 1.8 billion by 2024. Hence, the fast-expanding cosmetic sector is fueling the expansion of the maqui berries market.
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What Is the projected market size and growth rate for the maqui berries market?
The market size for maqui berries has seen a swift expansion in the recent past. The growth is forecasted to continue, rising from $24.44 billion in 2024 to $27.03 billion in 2025, showcasing a compound annual growth rate (CAGR) of 10.6%. Factors contributing to this growth during the historic period include an increasing population, extensive distribution networks expansion, heightened demand for products with clean-labels, backing for immune health, alongside consumer education initiatives.
The market for maqui berries is predicted to experience rapid expansion within the coming years, swelling to $39.9 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 10.2%. This robust growth during the forecast period can be associated with the rising demand for functional foods, expansion in functional beverages, increasing penchant for vegan and vegetarian diets, a shift towards prophylactic health care routines, and amplified investments in R&D. Key trends projected in this period involve an escalated focus on anti-aging solutions, progress in farming practices, new strides in food process technologies, integration into gourmet cooking, and inclusion in beauty and skincare merchandise.
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What new trends are reshaping the maqui berries market and its opportunities?
Leading corporations in the maqui berries market have been investing in the development of new products such as soft-gel capsules for easy intake. Soft-gel capsules are a specific kind of oral dosage that envelopes liquid or semi-liquid constituents within a shell made of gelatin, typically utilized for vitamins, supplements, and medicines. For example, in March 2023, NovaBay Pharmaceuticals Inc., a pharmaceutical firm based in the United States, released the OTC Avenova Eye Health Support oral supplement. This supplement is rich in antioxidants, incorporating MaquiBright maqui berry extract and premium omega-3 oils to relieve dry eyes and enhance overall eye health.
What major market segments define the scope and growth of the maqui berries market?
The maqui berriesmarket covered in this report is segmented -
1) By Nature: Organic, Conventional
2) By Form: Fresh, Processed, Powder, Extract, Dried
3) By Distribution Channel: Business To Business (B2B), Business To Consumer (B2C)
4) By End-Use: Food And Beverages, Nutraceuticals, Personal Care, Other End-Uses
Subsegments:
1) By Organic: Certified Organic Maqui Berries, Organic Freeze-Dried Maqui Berries, Organic Maqui Berry Powder
2) By Conventional: Conventional Fresh Maqui Berries, Conventional Dried Maqui Berries, Conventional Maqui Berry Extracts
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Which region dominates the maqui berries market?
North America was the largest region in the maqui berries market in 2024. The regions covered in the maqui berries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the maqui berries industry growth?
Major companies operating in the maqui berries market are Evonik Industries AG, NOW FOODS PRIVATE LIMITED, Life Extension Foundation Buyers Club Inc., Mountain Rose Inc., Sunfood Corporation, Terrasoul Superfoods, Navitas LLC, Vitapia, CK Ingredients Inc., Bayas d el Sur SA, Seventhills Wholefoods Ltd., Paradise Herbs & Essentials Inc., Jeeva Organic Private Limited, HP Ingredients Corp., Keva Kaipo Industries Pvt Ltd., Rainforest Supply LLC, Vita Forte Inc., Food to Live, Noomadic Herbals, Koyah, Fitness Health, SB Organics, Vivid Health Nutrition, SouthAm Freeze Dry
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What Is Covered In The Maqui Berries Global Market Report?
•Market Size Forecast: Examine the maqui berries market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the maqui berries market for a structured understanding.
•Key Players Overview: Analyze major players in the maqui berries market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the maqui berries market.
•Segment Contributions: Evaluate how different segments drive overall growth in the maqui berries market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the maqui berries market.
•Industry Challenges: Identify potential risks and obstacles affecting the maqui berries market.
•Competitive Landscape: Review strategic developments in the maqui berries market, including expansions, agreements, and new product launches.
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