Food In A Bowl Trend Agitating The Acai Berry Market Growth:
The acai berry market demand escalation is aided by the bowl food trend gaining huge popularity across the world, and it reflects with the growth in demand for acail fiber and acai smoothie. Healthy foods mixed in a bowl have emerged as a common option and an alternative to a regular meal among the millennial generation. Several foodservice and manufacturing companies to explore this option to etch out new prospects for a better opportunity. The U.S.-based Vitality Bowls shared an important role in adopting this current trend and sells over 3.5 million acai bowls annually. A major section of the population being millennial in the US, acai berry consumption is relatively huge in this region. Also, several foodservice industries are established in this region which offers a boost to the growing economy of the acai berry market in this region. Consequently, North America held a prominent place in the global industry and contributed a regional acai berry market share of 38% in 2018. Concurrently, the rampantly succeeding food industry’s bowl service will actively benefit the acai berry market leaders owing to the growing consumer demand. The global acai berry market size reached $892.6 million in 2018 facilitated by emerging trends and the growing application for other industrial and medicinal purposes. Concurrently, this nascent market is projected to increase at a healthy CAGR of 12.4% during the forecast period of 2019-2025.
Acai Berry In Cosmetics And Supplements: The Bulging Consumer Demand:
With a wide range of health benefits proffered by the various acai berry products, originated from acai palm tree, such as dried acai berry, acai powder, and others, the nutraceuticals and cosmetic industry are utilizing them to produce drugs and skincare. Among other forms, dried acai berry will influence this market and this application segment will experience a 6.6% CAGR through to 2025. This wide utility serves as a major push forth to the acai berry market growth thereby making scope for better revenue prospects. Rich in antioxidant properties, acai berries are infused with regular skincare regimens such as oils, creams, and others offering a herbal solution for several skin problems.
Furthermore, a lot of researches has been concluded whereby acai berry gained a prominent place in supplements and drugs and provides natural treatment for several diseases such as arthritis, high cholesterol, cancer, and many more. Keeping an eye on the wide usage and benefits, nowadays several food and beverage companies have developed a new range of drinks and smoothies thereby extending the current acai berry product line in the global market. The Campbells Food Service company’s breakthrough acai berry drink V8 V-Fusion® and other such newly introduced products have a significant and distinct impact on the consumers worldwide. As a result, the global acai berry market demand will elevate considerably in the forthcoming years.
Major Company Impacting The Acai Berry Market Share:
The key companies influencing the acai berry market share include AcaiExotic, Acai Roots, Nativo Acai, Sambazon, Vision America International, Acai Roots, Acai Frooty, Amazon Forest Trading, Energy Foods International, Organique Acai USA., and others.
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