The Goji Berries Market was valued US$ 1.45 Bn in 2023 and is expected to grow US$ 1.90 Bn by 2030, at a CAGR of 3.9% during the forecast period.
Goji Berries Market Overview
There are several names for goji berries, including matrimony vine, boxthorn, and wolfberry. Native to China, goji berry plants are employed in traditional Chinese medicine. Because of its many health benefits, including enhanced cognitive performance, healthy immune system function, and anti-aging properties, it has been utilized in Tibet. Goji berries are rich in fiber, antioxidants, iron, zinc, and all eight necessary amino acids, which account for 10% of your daily protein needs. They are also a wonderful source of vitamins and minerals.
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Goji Berries Market Scope and Methodology:
The report takes into account two major pieces of information: descriptive analysis and SWOT analysis. This study seeks to compile thorough market statistics on the Goji Berries topic. There are two data collection methods: surveys and questionnaires. After acquiring data, mathematical, statistical, and numerical approaches are used to analyse it. Data collection and compilation are critical for tracking market changes using qualitative and quantitative research methodologies.
Dynamics of the Global Goji Berry Market
The world’s goji berry business is growing at a significant rate thanks in large part to the large number of health-conscious customers. Climate change, demanding lifestyles, and hectic work schedules are contributing to a number of global health issues among consumers. Because goji berries offer numerous health benefits to the human body, people are searching for healthy food options to maintain or recover from illnesses. This is anticipated to propel the global goji berry market. As a low-fat and calorie-dense fruit, they are increasingly incorporated into weight-management and digestive supplement products.
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Goji Berries Market Segmentation
by Product
Fresh
Dried
Juice
Powdered
Frozen
by End-Use
Food and Beverage
Pharmaceuticals
Nutraceuticals
Personal Care and Cosmetics
Others
Because goji berries are being used in more food and beverage items, the food and beverage segment represented the greatest market share of the global market in 2018. Goji berries are used in many health-conscious drinks because of their high vitamin and antioxidant content. The market for personal care products is expanding quickly due to consumers’ increased desire for cosmetics that contain natural, safe, and effective components. The growing application of goji berries in pharmacological and therapeutic goods is largely due to their extensive use in traditional treatments.
by Distribution Channel
Hypermarkets/ Supermarkets
Specialty Stores
Convenience Stores
Online Retail
Others
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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
Goji Berries Market Regional Insights
Several measures are employed to predict the market’s future prospects. Buyer-direct transactions, research and development projects, innovative company practices, and market mergers and acquisitions are some examples. It includes plans, organizational charts, portfolios, and a critical review of top corporate executives. The market has undertaken a thorough SWOT and PESTLE analysis to guarantee that it identifies both market trends and microeconomic drivers.
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Key questions answered in the Goji Berries Market are:
- What is Goji Berries?
- What is the growth rate of the Goji Berries Market?
- What are the upcoming opportunities and trends for the Goji Berries Market?
- What are the different segments of the Goji Berries Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Goji Berries Market?
- What segments are covered in the Goji Berries Market?
- Which are the factors expected to drive the Goji Berries Market growth?
- What growth strategies are the players considering to increase their presence in Goji Berries?
- Who are the leading companies and what are their portfolios in Goji Berries Market?
Key Offerings:
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
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