Market Size of Blueberry Ingredient Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 7.45 % |
| 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 Ingredients Market Analysis
The Global Blueberry Market is projected to register a CAGR of 7.45% during the forecasted period.
Health-conscious customers prefer food items containing blueberries because blueberries reduce the risk of diabetes, obesity, overall mortality, and heart disease. Blueberries also encourage safe hair and skin, increased strength, and lower body weight, this has created a demand for foods containing blueberry ingredients. Growing demand for blueberry in healthy bars and yogurt is expected to fuel market growth as customers desire these products for healthier food choices because they are low in fat and contain real bits of fruit and are a rich source of protein and calcium. The product launches of food products are shifting to real food ingredients rather than economic goods which are not good for health. Blueberry ingredients can be used in different types of food products and mixtures. The intake of protein-rich foods is on the rise among consumers in the global market. Around the same time, health-conscious consumers have reduced their consumption of products high in carbohydrates and sweeteners, and high-fat foods. As a result, the high intake of fiber and high-protein foods has increased, rising demand from the food industry for blueberry ingredients products.
About half of the blueberries produced are utilized for processed ingredients, such as purees, concentrates, juices, and dried blueberries, which will continue to support the market growth in the upcoming years. An increase in the production of blueberries in recent years has minimized the demand-supply gap. Rising health awareness among the general population is driving the consumption of natural-origin products within the natural ingredient category. More players in bakery goods and confectionaries are using dried blueberries as an ingredient. Producers are expanding the production areas and berry processing facilities to cater to the market demand for dried blueberries. Demand for plant-based ingredients and products is on the rise in the food and beverage industries, making the blueberry ingredients market see substantial growth. This is attributable to the growing occurrence of health issues associated with food products and due to the rising vegan and flexitarian population which is expected to propel the market growth.
