North America Maqui Berries Market Forecast to 2030

According to the Research Team research, the North America maqui berries market was valued at US$ 11.44 million in 2022 and is expected to reach US$ 26.93 million by 2030, registering a CAGR of 11.3% from 2022 to 2030. Rising popularity of skin care products with maqui berry and utilization of maqui berries in supplements for diabetes are among the critical factor attributed to the North America maqui berries market expansion.

People are increasingly focusing on skin care to look youthful and fresh. They are ready to spend a lot of money on products that make their skin healthy-looking and radiant. According to a survey of more than 1,000 American adult consumers conducted by Advanced Dermatology, on an average, Americans spend US$ 722 every year on their appearance. Skin care products accounted for 69% of the spending. Consumers are seeking products with clean and natural ingredients owing to rising skin concerns related to toxic chemical ingredients present in cosmetics and skin care products. In addition, the preference for non-comedogenic products with natural fruit extracts and botanicals is increasing rapidly as consumers focus on sustainable beauty. Maqui berries are packed with antioxidants that slow down the ageing process, resulting into glowing and youthful skin. They boost the collagen producing process that helps reduce wrinkles and fine lines. Moreover, maqui berries hydrate the skin, making it plump and radiant. Owing to the benefits of maqui berries in improving skin health, skin care product manufacturers are including maqui berry extracts and powders in their products to fulfil the rising demand for maqui berry-infused products. In August 2020, Hear Me Raw, one of the emerging skin care brands, launched a range of hydrating moisturizer and clarifier that includes maqui berries, pear, watermelon oil, and coconut water. Maqui berries present in the product promote anti-inflammatory activity that soothes the skin and promotes healing. Thus, the rising use of maqui berries in skin care products due to their benefits is expected to boost the North America maqui berries market during the forecast period.

On the contrary, limited supply of maqui berries hampers the growth of North America maqui berries market.

Based on form, the North America maqui berries market is bifurcated into fresh and processed. The processed segment held 91.5% share of North America maqui berries market in 2022, amassing US$ 10.47 million. It is projected to garner US$ 24.75 million by 2030 to expand at 11.4% CAGR during 2022-2030.

In terms of category, the North America maqui berries market is bifurcated into organic and conventional. The conventional segment held 70.5% share of North America maqui berries market in 2022, amassing US$ 8.07 million. It is projected to garner US$ 18.72 million by 2030 to expand at 11.1% CAGR during 2022-2030.

By application, the North America 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 North America maqui berries market in 2022, amassing US$ 5.83 million. It is projected to garner US$ 13.42 million by 2030 to expand at 11.0% CAGR during 2022-2030.

Based on country, the North America maqui berries market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 86.1% share of North America maqui berries market in 2022. It was assessed at US$ 9.85 million in 2022 and is likely to hit US$ 22.91 million by 2030, exhibiting a CAGR of 11.1% during 2022-2030.

Key players operating in the North America maqui berries market are Abbott Blackstone Co, CK Ingredients Inc, Ferreiro & Co Inc, HP Ingredients Corp, Jeeva Organic Pvt Ltd, Nature’s Power Nutraceuticals Corp, Rainforest Supply LLC, Shaanxi LonierHerb Bio-Technology Co Ltd, Vita Forte Inc, and Xi’an Herb Bio-Tech Co Ltd, among others.

2023: Canada-based CK Nutraceuticals has extended its North American distribution agreement with Chile-based Maqui New Life for the promotion and distribution of the Maqui berry-derived Delphinol and MaquiBright ingredients.

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. North America Maqui Berries Market Landscape
4.1 Overview
4.3 Porter’s Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Buyers
4.3.3 Threat of New Entrants
4.3.4 Competitive Rivalry
4.3.5 Threat of Substitutes
4.4 Ecosystem Analysis
4.4.1 List of Vendors in the Value Chain
5. North America 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 – North America Market Analysis
6.1 North America Maqui Berries Market Revenue (US$ Thousand), 2020 – 2030
6.2 North America Maqui Berries Market Forecast and Analysis
7. North America 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. North America 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. North America 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. North America Maqui Berries Market – Country Analysis
10.1 North America Maqui Berries Market Overview
10.1.1 North America Maqui Berries Market, By Key Country – Revenue (2022) (US$ Thousand)
10.1.1.1 North America Maqui Berries Market Breakdown by Country
10.1.1.2 US Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)
10.1.1.2.1 US Maqui Berries Market Breakdown by Form
10.1.1.2.2 US Maqui Berries Market Breakdown by Category
10.1.1.2.3 US Maqui Berries Market Breakdown by Application
10.1.1.3 Canada Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)
10.1.1.3.1 Canada Maqui Berries Market Breakdown by Form
10.1.1.3.2 Canada Maqui Berries Market Breakdown by Category
10.1.1.3.3 Canada Maqui Berries Market Breakdown by Application
10.1.1.4 Mexico Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)
10.1.1.4.1 Mexico Maqui Berries Market Breakdown by Form
10.1.1.4.2 Mexico Maqui Berries Market Breakdown by Category
10.1.1.4.3 Mexico 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 Rainforest Supply LLC
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 CK Ingredients Inc
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
11.5 Jeeva Organic Pvt Ltd
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Ferreiro & Co Inc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Abbott Blackstone Co
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Vita Forte Inc
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Nature’s Power Nutraceuticals Corp
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Xi’an Herb Bio-Tech Co Ltd
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix

Table 1. North America Maqui Berries Market Segmentation
Table 2. List of Vendors in the Value Chain
Table 3. Delphinidin Content of “Superfruit” Berries
Table 4. North America Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)
Table 5. US Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Form
Table 6. US Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Category
Table 7. US Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Application
Table 8. Canada Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Form
Table 9. Canada Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Category
Table 10. Canada Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Application
Table 11. Mexico Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Form
Table 12. Mexico Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Category
Table 13. Mexico Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand) – By Application
 
 

Figure 1. North America Maqui Berries Market Segmentation, By Country
Figure 2. Ecosystem: North America Maqui Berries Market
Figure 3. North America 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. North America Maqui Berries Market Revenue (US$ Thousand), 2020 – 2030
Figure 7. North America 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. North America 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. North America 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. North America Maqui Berries Market, By Key Country – Revenue (2022) (US$ Thousand)
Figure 19. North America Maqui Berries Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 20. US Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 21. Canada Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 22. Mexico Maqui Berries Market Revenue and Forecasts to 2030 (US$ Thousand)