Global Blueberry Extract Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
Description
Global Blueberry Extract Market is projected to grow at a CAGR of 12.33% during the forecast period (2019-2024).
Key Highlights- Blueberry extract has observed an increased demand from the nutraceutical industry, due to its inherent nutritional profile. Blueberry is rich in antioxidants, which makes its extract a preference for companies in supplements and product manufacturing.
- The inclusion of natural fruit extracts in foods and beverages has helped to increase the demand for instant baby food products, which is expected to be the key driver for the growth of the market studied, during the forecast period.
The push for healthy living is the primary factor poised to drive the demand for health ingredients extract, like blueberries. Consumers today, prefer nutritional food to enhance overall health and wellbeing. Blueberries are also known for preventing cancer, as they contain vitamin C and vitamin A. Moreover, the various phytonutrients in blueberries function as powerful antioxidants that may help protect cells against damage from disease-linked free radicals. Thus, food and beverage manufacturers are increasingly incorporating healthy ingredients, like blueberry, in the form of powder, pieces in on-the-go snacks. However, increasing demand for snacks made using real fruits and vegetables is on the rise. Thus products, like blueberry fruit-based snacks, are gaining popularity among consumers across the globe.
North America Dominates the MarketNorth America region has the largest share in the blueberry extract market, followed by Europe. The United States dominates the market for blueberry extract, driven by the increased health and wellness consumers and growing demand for organic blueberry extracts. The growing demand of blueberry extract from Asia-Pacific offers a great opportunity to the market growth owing to the growing awareness among consumers regarding healthy and natural products, which in turn boosting the market in the region.
Competitive LandscapeSome of the major market players in the blueberry extract market, globally includes FutureCeuticals, Berrico, Nutra Green Biotechnology Co.,Ltd, Shaanxi Guanjie Bio-technology Co. Ltd, Mazza Innovation Ltd, among others.
Additional Benefits:- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
FutureCeuticals
Berrico
Nutra Green Biotechnology Co.,Ltd
Shaanxi Guanjie Bio
technology Co. Ltd
JF Natural
Bio
Botanica Inc.
Mazza Innovation Ltd
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Table of Contents
- 1 INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
- 2 RESEARCH METHODOLOGY
- 3 EXECUTIVE SUMMARY
- 3.1 Market Overview
- 4 MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
- 4.3 Porter's Five Force Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
- 5 MARKET SEGMENTATION
- 5.1 By Product Type
- 5.1.1 Liquid
- 5.1.2 Powder
- 5.1.3 Pills
- 5.2 By Application
- 5.2.1 Pharmaceutical
- 5.2.2 Food & Beverage
- 5.2.3 Nutraceutical/Dietary Supplement
- 5.3 Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.1.4 Rest of North America
- 5.3.2 Europe
- 5.3.2.1 United Kingdom
- 5.3.2.2 Germany
- 5.3.2.3 France
- 5.3.2.4 Russia
- 5.3.2.5 Italy
- 5.3.2.6 Spain
- 5.3.2.7 Rest of Europe
- 5.3.3 Asia Pacific
- 5.3.3.1 India
- 5.3.3.2 China
- 5.3.3.3 Japan
- 5.3.3.4 Australia
- 5.3.3.5 Rest of Asia-Pacific
- 5.3.4 South America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.4.3 Rest of South America
- 5.3.5 Middle East & Africa
- 5.3.5.1 South Africa
- 5.3.5.2 Saudi Arabia
- 5.3.5.3 Rest of MEA
- 6 COMPETITIVE LANDSCAPE
- 6.1 Most Active Companies
- 6.2 Most Adopted Strategies
- 6.3 Market Share Analysis
- 6.4 Company Profiles
- 6.4.1 FutureCeuticals
- 6.4.2 Berrico
- 6.4.3 Nutra Green Biotechnology Co.,Ltd
- 6.4.4 Shaanxi Guanjie Bio-technology Co. Ltd
- 6.4.5 JF Natural
- 6.4.6 Bio-Botanica Inc.
- 6.4.7 Mazza Innovation Ltd
- 7 MARKET OPPORTUNITIES AND FUTURE TRENDS
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