Global Goji Berries Market Thrives on Growing Health-Conscious Consumer Base
Posted August 23, 2023 by sswadekar
The Goji Berries Market was valued US$ 1.40 Bn in 2022 and is expected to grow US$ 1.83 Bn by 2029, at a CAGR of 3.9% during the forecast period.
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Global Goji Berries Market : was valued US$ 1.40 Bn in 2022 and is expected to grow US$ 1.83 Bn by 2029, at a CAGR of 3.9% during the forecast period.
Cost is the market's biggest obstacle for Goji Berries Market .The high price of certain technology and treatments may make them less widely available, especially in healthcare settings with low resources. Healthcare systems have obstacles related to affordability and reimbursement, which also affects the market. The sector also has issues with data interpretation and analysis. Large volumes of complicated genetic data are produced by Goji Berries , which necessitates the use of high-end bioinformatics tools and specialised knowledge for interpretation.
Goji Berries Market Regional Insights
Goji Berries Market: Global
The market is filled with small and big companies. US has dominated the market and holds nearly 44% of the market. Globally, the Goji Berries market has seen huge development especially after 2010. The reason has been technological advancements, huge investments and progressive research into this field.
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Goji Berries Market Regional Insights
The analysis of the regions is conducted at a local and country level. The Regional Analysis provides the Bleeding Disorders Treatment market status of various countries included in the report. The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Bleeding Disorders Treatment market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Goji Berries Market Segmentation :
by Product
Fresh
Dried
Juice
Powdered
Frozen
Due to the rising usage of goji berries in food and beverage products, the food and beverage application represented the biggest market share of the global market in 2018. Goji berries are used in many health-based beverages because of their high vitamin and antioxidant content. Because of the rising consumer desire for natural, safe, and effective components in cosmetic goods, the personal care industry is rapidly expanding. Goji berries are widely used in traditional treatments, which is a major factor driving their rising use in pharmacological and therapeutic goods.
by End-Use
Food and Beverage
Pharmaceuticals
Nutraceuticals
Personal Care and Cosmetics
Others
By examining market segments and projecting market size, the study also aids in understanding the dynamics and structure of the global goji berry market. The study serves as an investor's guide with its clear depiction of competition analysis of key companies by type, price, financial situation, product portfolio, growth plans, and geographical presence in the global goji berry market.
by Distribution Channel
Hypermarkets/ Supermarkets
Specialty Stores
Convenience Stores
Online Retail
Others
Numerous names, including wolfberry, boxthorn, and marital vine, are used to refer to goji berries. Native to China, goji berry plants are employed in traditional Chinese medicine. It has been utilised in Tibet due to its benefits for health, which include enhancing brain function, ensuring normal immune system operation, and delaying the onset of ageing. Goji berries include all eight essential amino acids, which make up 10% of your daily protein need, as well as fibre, vitamins A and C, iron, zinc, and antioxidants.
Goji Berries Market Key Players :
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
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About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
444 West Lake Street, Floor 17,
Chicago, IL, 60606, USA.
+1 800 507 4489 +91 9607365656
[email protected]
www.maximizemarketresearch.com
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| Last Updated | August 23, 2023 |