Europe Maqui Berries Market Forecast to 2030

Europe Maqui Berries Market Forecast to 2030

Europe Maqui Berries Market Forecast to 2030 – Regional Analysis – by Form (Fresh and Processed), Category (Organic and Conventional), and Application (Functional Food and Beverages, Pharmaceuticals and Nutraceuticals, Personal Care and Cosmetics, and Animal Nutrition)

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Description

The Europe maqui berries market is expected to grow from US$ 7.78 million in 2022 to US$ 20.60 million by 2030. It is estimated to grow at a CAGR of 12.9% from 2022 to 2030.

Utilization of Maqui Berries in Supplements for Diabetes Drives Europe Maqui Berries Market

Over the past few years, the prevalence of diabetes has increased significantly due to lack of physical activity, rising consumption of junk food, increasing prevalence of obesity, and stressful lifestyle of consumers. Diabetes can lead to serious health conditions such as heart attack and stroke, vision loss, and kidney diseases, if not treated and controlled early. Many treatments and medications have been discovered for diabetes. However, scientists are still working to find natural remedies with high efficiency to cure diabetes and regulate blood sugar level. Maqui berries are rich in anthocyanins, polyphenols, and delphinidin that help neutralize free radicals, boost immunity, prevent cancer, and reduce excessive blood sugar. Maqui berries are the richest sources of anthocyanins with 25% of cyanidins and 75% of delphinidin composition. They comprise the highest delphinidin content among all the berries.

Delphinidin Content of “Superfruit” Berries

Sr No

Superfruit

(Common Name/Botanical Name)

Delphinidin Content

(in mg /100 g of raw fruit)

1

Maqui Berry/Aristotelia chilensis

126,00

2

Bilberry/Vaccinium myrtillus

97.59

3

Concord Grape/Vitis vinifera

70.62

4

Cultivated Blueberry/Highbush vaccinium spp

35.43

5

Aronia or Chockeberry/Aronia melanocarpa

0.65

6

Acai/Euterpe oleraceae

0

Source: The United Stated Department of Agriculture (USDA) Database for the Flavonoid Content of Selected Food Release

Delphinidin is extensively researched for its beneficial health effects, one of which is reducing postprandial blood glucose increase in individuals with impaired glucose regulation. Delphinol, a standardized maqui berry extract produced by Anklam Extrakt GmbH, has been studied to prevent blood sugar spikes and cure type-2 diabetes and other complications. In December 2022, MD Process launched GlucoBerry, a proprietary formula based on the extract of maqui berry that helps manage blood sugar through its antioxidant effects that support kidney in filtering the sugar out of the bloodstream. This mechanism also helps insulin perform its functions effectively. Thus, there is a rising demand for maqui berries to develop supplements and medications for diabetes, which propels the Europe maqui berries market.

Europe Maqui Berries Market Overview

The maqui berries market in Europe is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Europe is one of the major importers of berries and fresh fruits. The demand for maqui berries is increasing rapidly across the European Union (EU) countries owing to growing awareness regarding their health benefits. Functional food and beverages with maqui berry extract are becoming popular in Europe due to their unique flavor, vibrant color, and rich nutritional profile. Increasing preference for organic, vegan, clean, GMO-free, and all-natural food and beverages in the region as consumers perceive these products to be healthier than conventional ones is driving the demand for organic maqui berries.

Maqui berries are witnessing high demand across the personal care sector in Europe due to their high antioxidant content that reduces skin damage, brightens skin tone, and provides antiaging effects. Skin care and personal care product manufacturers are using maqui berries in their products to meet the rising demand for the maqui berry-infused products. For instance, Coos Cosmetics, the Netherlands-based company, offers an antioxidant cream containing the extract of fermented maqui berries. The company claims that the cream provides anti-inflammatory, antiaging, and skin regeneration effects that improve the overall texture, firmness, and quality of the skin. Thus, the rising use of maqui berries or their extracts in personal care products is expected to provide strong potential to the maqui berries market in Europe during the forecast period.

Europe Maqui Berries Market Revenue and Forecast to 2030 (US$ Million)

Europe Maqui Berries Market Segmentation

The Europe maqui berries market is segmented into form, category, application, and country.

Based on form, the Europe maqui berries market is bifurcated into fresh and processed. The processed segment held a larger share of the Europe maqui berries market in 2022.

In terms of category, the Europe maqui berries market is bifurcated into organic and conventional. The conventional segment held a larger share of the Europe maqui berries market in 2022.

By application , the Europe maqui berries market is segmented into functional food and beverage, pharmaceuticals and nutraceuticals, personal care and cosmetics, and animal nutrition. The functional food and beverage segment held the largest share of the Europe maqui berries market in 2022.

Based on country, the Europe maqui berries market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Rest of Europe dominated Europe maqui berries market in 2022.

Abbott Blackstone Co, HP Ingredients Corp, Shaanxi LonierHerb Bio-Technology Co Ltd, and Xi’an Herb Bio-Tech Co Ltd are some of the leading companies operating in the Europe maqui berries market.

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At 12.9% CAGR, Europe Maqui Berries Market is Speculated to be Worth US$ 20.60 Million by 2030, says the Research Team

According to the Research Team research, the Europe maqui berries market was valued at US$ 7.78 million in 2022 and is expected to reach US$ 20.60 million by 2030, registering a CAGR of 12.9% from 2022 to 2030. Development of medicines with maqui berry extracts that support eye health and rising popularity of skin care products with maqui berry are among the critical factor attributed to the Europe maqui berries market expansion.

Dry eye happens when tear glands in the eyes do not make enough tears to stay wet and lubricated. This causes irritation in the eyes, redness, sensitivity to light, blurry vision, and a stinging or burning feeling. Dry eyes, if left untreated, can cause severe eye inflammation, corneal ulcers, abrasion of corneal surface, and vision loss. Since maqui berries are antioxidant-rich superfruits, it is seen that they can help reduce dry eye symptoms by reducing inflammation, increasing natural tear production, and improving tear quality.

These oral supplements support healthy tear fluid generation and is a safer alternative to artificial tears. The company also conducted trials to see the effect of MaquiBright extract on dry eye discomfort. The participants reported significant improvement in tear production and dry eye discomfort. Thus, the rising development of innovative medicines and supplements with maqui berry extracts that support eye health is expected to open lucrative opportunities for the Europe maqui berry market in the coming years.

On the contrary, limited supply of maqui berries hampers the growth of Europe Maqui Berries market.

Based on form, the Europe maqui berries market is bifurcated into fresh and processed. The processed segment held 93.5% share of Europe maqui berries market in 2022, amassing US$ 7.28 million. It is projected to garner US$ 19.33 million by 2030 to expand at 13.0% CAGR during 2022-2030.

By category, the Europe maqui berries market is bifurcated into organic and conventional. The conventional segment held 68.8% share of Europe maqui berries market in 2022, amassing US$ 5.35 million. It is projected to garner US$ 13.98 million by 2030 to expand at 12.8% CAGR during 2022-2030.

In terms of application, the Europe maqui berries market is segmented into functional food and beverages, pharmaceuticals and nutraceuticals, personal care and cosmetics and animal nutrition. The functional food and beverages segment held 50.9% share of Europe maqui berries market in 2022, amassing US$ 3.96 million. It is projected to garner US$ 10.20 million by 2030 to expand at 12.5% CAGR during 2022-2030.

Based on country, the Europe maqui berries market has been categorized into Germany, France, the UK, Italy, Russia, and the Rest of Europe. Our regional analysis states that the Rest of Europe captured 55.4% share of Europe maqui berries market in 2022. It was assessed at US$ 4.31 million in 2022 and is likely to hit US$ 10.87 million by 2030, exhibiting a CAGR of 12.2% during 2022-2030.

Key players operating in the Europe maqui berries market are Abbott Blackstone Co, HP Ingredients Corp, Shaanxi LonierHerb Bio-Technology Co Ltd, and Xi’an Herb Bio-Tech Co Ltd, among others.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe maqui berries market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Europe maqui berries market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Limitations and Assumptions
4. Europe Maqui Berries Market Landscape
4.1 Overview
4.3 Porter’s Five Forces Analysis
4.3.1 Bargaining Power of Buyers
4.3.2 Threat of New Entrants
4.3.3 Competitive Rivalry
4.3.4 Threat of Substitutes
4.4 Ecosystem Analysis
5. Europe Maqui Berries Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Use of Maqui Berries in Functional Food and Beverages
5.1.2 Utilization of Maqui Berries in Supplements for Diabetes
5.2 Market Restraints
5.2.1 Limited Supply of Maqui Berries
5.3 Market Opportunities
5.3.1 Development of Medicines with Maqui Berry Extracts that Support Eye Health
5.4 Future Trends
5.4.1 Rising Popularity of Skin Care Products with Maqui Berry
5.5 Impact of Drivers and Restraints:
6. Maqui Berries Market – Europe Market Analysis
6.1 Europe Maqui Berries Market Revenue (US$ Thousand), 2020 – 2030
6.2 Europe Maqui Berries Market Forecast and Analysis
7. Europe Maqui Berries Market Analysis – Form
7.1 Fresh
7.1.1 Overview
7.1.2 Fresh: Market Revenue and Forecast to 2030 (US$ Thousand)
7.2 Processed
7.2.1 Overview
7.2.2 Processed: Market Revenue and Forecast to 2030 (US$ Thousand)
8. Europe Maqui Berries Market Analysis – Category
8.1 Organic
8.1.1 Overview
8.1.2 Organic: Market Revenue and Forecast to 2030 (US$ Thousand)
8.2 Conventional
8.2.1 Overview
8.2.2 Conventional: Market Revenue and Forecast to 2030 (US$ Thousand)
9. Europe Maqui Berries Market Analysis – Application
9.1 Functional Food and Beverages
9.1.1 Overview
9.1.2 Functional Food and Beverages: Market Revenue and Forecast to 2030 (US$ Thousand)
9.2 Pharmaceuticals and Nutraceuticals
9.2.1 Overview
9.2.2 Pharmaceuticals and Nutraceuticals: Market Revenue and Forecast to 2030 (US$ Thousand)
9.3 Personal Care and Cosmetics
9.3.1 Overview
9.3.2 Personal Care and Cosmetics: Market Revenue and Forecast to 2030 (US$ Thousand)
9.4 Animal Nutrition
9.4.1 Overview
9.4.2 Animal Nutrition: Market Revenue and Forecast to 2030 (US$ Thousand)
10. Europe Maqui Berries Market – Country Analysis
10.1 Europe Maqui Berries Market Overview
10.1.1 Europe Maqui Berries Market, By Key Country – Revenue (2022) (US$ Thousand)
10.1.1.1 Europe Maqui Berries Market Breakdown by Country
10.1.1.2 Germany Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)
10.1.1.2.1 Germany Maqui Berries Market Breakdown by Form
10.1.1.2.2 Germany Maqui Berries Market Breakdown by Category
10.1.1.2.3 Germany Maqui Berries Market Breakdown by Application
10.1.1.3 France Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)
10.1.1.3.1 France Maqui Berries Market Breakdown by Form
10.1.1.3.2 France Maqui Berries Market Breakdown by Category
10.1.1.3.3 France Maqui Berries Market Breakdown by Application
10.1.1.4 Italy Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)
10.1.1.4.1 Italy Maqui Berries Market Breakdown by Form
10.1.1.4.2 Italy Maqui Berries Market Breakdown by Category
10.1.1.4.3 Italy Maqui Berries Market Breakdown by Application
10.1.1.5 UK Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)
10.1.1.5.1 UK Maqui Berries Market Breakdown by Form
10.1.1.5.2 UK Maqui Berries Market Breakdown by Category
10.1.1.5.3 UK Maqui Berries Market Breakdown by Application
10.1.1.6 Russia Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)
10.1.1.6.1 Russia Maqui Berries Market Breakdown by Form
10.1.1.6.2 Russia Maqui Berries Market Breakdown by Category
10.1.1.6.3 Russia Maqui Berries Market Breakdown by Application
10.1.1.7 Rest of Europe Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)
10.1.1.7.1 Rest of Europe Maqui Berries Market Breakdown by Form
10.1.1.7.2 Rest of Europe Maqui Berries Market Breakdown by Category
10.1.1.7.3 Rest of Europe Maqui Berries Market Breakdown by Application
11. Company Profiles
11.1 HP Ingredients Corp
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Shaanxi LonierHerb Bio-Technology Co Ltd
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Abbott Blackstone Co
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Xi’an Herb Bio-Tech Co Ltd
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
12. Appendix

LIST OF TABLES

Table 1. Europe Maqui Berries Market Segmentation
Table 2. Delphinidin Content of “Superfruit” Berries
Table 3. Europe Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)
Table 4. Germany Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Form
Table 5. Germany Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Category
Table 6. Germany Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Application
Table 7. France Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Form
Table 8. France Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Category
Table 9. France Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Application
Table 10. Italy Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Form
Table 11. Italy Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Category
Table 12. Italy Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Application
Table 13. UK Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Form
Table 14. UK Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Category
Table 15. UK Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Application
Table 16. Russia Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Form
Table 17. Russia Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Category
Table 18. Russia Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Application
Table 19. Rest of Europe Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Form
Table 20. Rest of Europe Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Category
Table 21. Rest of Europe Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Application
 

LIST OF FIGURES

Figure 1. Europe Maqui Berries Market Segmentation, By Country
Figure 2. Ecosystem: Europe Maqui Berries Market
Figure 3. Europe Maqui Berries Market – Key Industry Dynamics
Figure 4. Oxygen Radical Absorbance Capacity (ORAC) of Different Berries Measured in Micromoles Trolox Equivalents (TE) Per 100 Gram of the Raw Fruit
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Europe Maqui Berries Market Revenue (US$ Thousand), 2020 – 2030
Figure 7. Europe Maqui Berries Market Share (%) – Form, 2022 and 2030
Figure 8. Fresh: Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 9. Processed: Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 10. Europe Maqui Berries Market Share (%) -Category, 2022 and 2030
Figure 11. Organic: Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 12. Conventional: Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 13. Europe Maqui Berries Market Share (%) -Application, 2022 and 2030
Figure 14. Functional Food and Beverages: Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 15. Pharmaceuticals and Nutraceuticals: Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 16. Personal Care and Cosmetics: Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 17. Animal Nutrition: Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 18. Europe Maqui Berries Market, By Key Country – Revenue (2022) (US$ Thousand)
Figure 19. Europe Maqui Berries Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 20. Germany Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 21. France Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 22. Italy Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 23. UK Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 24. Russia Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 25. Rest of Europe Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)

The List of Companies – Europe Maqui Berries Market

1. Abbott Blackstone Co
2. HP Ingredients Corp
3. Shaanxi LonierHerb Bio-Technology Co Ltd
4. Xi’an Herb Bio-Tech Co Ltd

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