Global Seaberry Products Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Seaberry Products Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Seaberry products, also known as sea buckthorn products, are derived from the seaberry fruit, which grows on thorny shrubs primarily in coastal and mountainous areas. These products are known for their rich nutritional profile and various health benefits. Seaberry products include oils, extracts, creams, capsules, and juices, which are used in dietary supplements, cosmetics, and functional foods.

Market Overview:

The latest research study on the global Seaberry Products market finds that the global Seaberry Products market reached a value of USD 1651.8 million in 2023. It’s expected that the market will achieve USD 2725.01 million by 2029, exhibiting a CAGR of 8.7% during the forecast period.

Seaberry products rely heavily on raw materials, which are subject to global market fluctuations and are in short supply due to labor and transportation shortages. As raw material prices rise, so does the cost of manufacturing products, and companies must adjust pricing accordingly. In addition, rising inflation will also lead to higher interest rates, further increasing production costs and reducing the flexibility of small and medium-sized enterprises (SMBs) to grow. Inflation has a significant impact on the labor market. As the cost of living rises due to rising inflation, companies must raise wages to attract and retain skilled workers. Increases in administrative expenses led to further reductions in profits.

As inflation continues to rise, consumers in precarious financial situations will no longer prioritize healthy eating to ensure they can maintain a good standard of living. Because healthy foods tend to be more expensive, inflation makes consumers unable to afford more expensive nutritious foods, resulting in a smaller market for seaberry products.

Increased demand for natural health products

Scientific research has confirmed that seaberries have the effects of anti-radiation, improving human body function, and anti-fatigue. Seaberries are extremely rich in vitamins, carotene, catechins, coumarins, flavonoids, unsaturated fatty acids, organic acids and almost all essential amino acids for humans and nearly 20 trace elements, which are beneficial to the human body. Seaberries’ nutritional benefits, disease management, radiation resistance, blood lipid lowering, beauty and skin care, and many other functions can all be positioned as selling points. Foods, beverages, and health care products processed with seaberries cater to modern people's desire to return to basics and maintain health, so they are favored by consumers and have a very broad market prospect.

Region Overview:

In 2022, the share of the Seaberry Products market in China stood at 82.97%.

Company Overview:

Puredia is one of the major players operating in the Seaberry Products market, holding a share of 5.27% in 2023.

Segmentation Overview:

Among different product types, Seaberry Juice segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Food and Drinks segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Seaberry Products market covered in Chapter 3:

Qinghai Kangpu Bio-tech Co. Ltd
Puredia
Inner Mongolia Yuhangren Bioengineering Technology Co., Ltd.
Lvliang Yeshanpo Food Co., Ltd.
Shaanxi Aikon Sea Buckthorn Products Co., Ltd.
Beijing Powder Health Industrial Co. Ltd
Shanxi Weishijie Food. & Drink Co. Ltd.
SHANDI YANGGUANG
Cornish Seaberry
BIOSASH
Shanxi Wutaishan Shaji Products Co.,Ltd.
Conseco Seabuckthorn Co., Ltd.
Obliphica
Helongjiang Shengbaotai Agricuture Co. Ltd

In Chapter 4 and Chapter 14.2, on the basis of types, the Seaberry Products market from 2019 to 2030 is primarily split into:

Seaberry Juice
Fresh Seaberry
Seaberry Oil
Seaberry Tea
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Seaberry Products market from 2019 to 2030 covers:

Food and Drinks
Skin Care Products
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)