Market Highlights: Maca Powder is derived of the Maca plant which has its origins to the Andes Mountains. The maca plant is also known as Lepidium meyenii. The roots of the maca plant are dried and grinded into powder. The consumption of the maca powder is said to increase the libido, fertility in men, mood booster as well as sports and energy performance enhancer. Maca powder is available in raw as well as gelatinized format. The maca powder is present in the market in black, red and yellow colours. Enhanced focus on immunity boosting ingredients and products especially after the recent covid pandemic has led to the growth of the maca powder. Geographically, North America and South America are the biggest market of the maca powder. The market study is being classified by Type (Raw/Regular Maca Powder and Gelatinized Maca Powder), by Application (Pharmaceutical, Therapeutic, Nutritional Powders, Bakery Products, Beverages and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Maca Powder are Nutrality Superfoods S.L (Spain), Amazon Andes Export SAC (Peru), Greenlife Biotechnology (India), Cosmic Nutracos Solutions Private Limited (India), Feel Good Organics (United States), Xiían Fengzu Biological Technology (China), Herbo Nutra (India), The Maca Team, LLC (United States), Naturya (United Kingdom) and The Organique Co. (United States).
Key Questions Answered in the Report What will the Maca Powder Market size and the growth rate be in Future? What are the key factors driving the Maca Powder Market? What are the key market trends and macro-economic impacting the growth of the Maca Powder Market? What are the challenges to market growth? Who are the key vendors in the Maca Powder Market? What are the market opportunities and threats faced by the vendors in the Maca Powder Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Maca Powder Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Maca Powder market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Maca Powder market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Maca Powder Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.