Market Size of Blueberry Extract Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 12.33 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*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 nutraceuticalindustry, 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.