Blueberry Extract Market Size
|Study Period:||2018 - 2028|
|Fastest Growing Market:||Asia Pacific|
|Largest Market:||North America|
*Disclaimer: Major Players sorted in no particular order
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Blueberry Extract Market Analysis
Global Blueberry Extract Market is projected to grow at a CAGR of 12.33% during the forecast period (2019-2024).
- 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.
Blueberry Extract Industry Segmentation
Global blueberry extract market is segmented by product type and application. On the basis of product type, the market is segmented into liquid, powder, pills. On the basis of application, the market is segmented into pharmaceutical, food & beverage, nutraceutical/dietary supplement. On the basis of geography, the study provides an analysis of the blueberry extract market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
|By Product Type|
|Food & Beverage|
Blueberry Extract Market Trends
This section covers the major market trends shaping the Blueberry Extract Market according to our research experts:
Mounting Trend of Healthy Snacking
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.
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North America Dominates the Market
North 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.
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Blueberry Extract Industry Overview
Some 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.
Blueberry Extract Market Leaders
Nutra Green Biotechnology Co.,Ltd
*Disclaimer: Major Players sorted in no particular order
Blueberry Extract Market News
- In June 2022, Symrise announced its range of natural blueberry ingredients for food, beverage, and consumer health applications.
Blueberry Extract Market Report - Table of Contents
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
5.2 By Application
5.2.2 Food & Beverage
5.2.3 Nutraceutical/Dietary Supplement
5.3.1 North America
184.108.40.206 United States
220.127.116.11 Rest of North America
18.104.22.168 United Kingdom
22.214.171.124 Rest of Europe
5.3.3 Asia Pacific
126.96.36.199 Rest of Asia-Pacific
5.3.4 South America
188.8.131.52 Rest of South America
5.3.5 Middle East & Africa
184.108.40.206 South Africa
220.127.116.11 Saudi Arabia
18.104.22.168 Rest of MEA
6. COMPETITIVE LANDSCAPE
*List Not Exhaustive
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
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
Blueberry Extract Market Research FAQs
What is the study period of this market?
The Blueberry Extract Market is studied from 2018 - 2028.
What is the growth rate of Blueberry Extract Market?
The Blueberry Extract Market is growing at a CAGR of 12.33% over the next 5 years.
Which region has highest growth rate in Blueberry Extract Market?
Asia Pacific is growing at the highest CAGR over 2021- 2026.
Which region has largest share in Blueberry Extract Market?
North America holds highest share in 2022.
Who are the key players in Blueberry Extract Market?
FutureCeuticals, Berrico, Nutra Green Biotechnology Co.,Ltd, JF Natural, Bio-Botanica Inc. are the major companies operating in Blueberry Extract Market.
Blueberry Extract Industry Report
Statistics for the 2023 Blueberry Extract market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Blueberry Extract analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.