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Blueberry Extracts Market to reach US$475.9 million and expected to grow at a CAGR of 10.1% during forecast period 2021-2027

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Blueberry Extracts Market to reach US$475.9 million and expected to grow at a CAGR of 10.1% during forecast period 2021-2027

March 08
13:23 2021
Blueberry Extracts Market to reach US$475.9 million and expected to grow at a CAGR of 10.1% during forecast period 2021-2027

Blueberry Extracts Market
The Insight Partners adds “Blueberry Extracts Market Forecast to 2027 – COVID-19 Impact and Global Analysis” to its store providing analysis of the current and future market competition in the market. Insightful review of the key industry drivers, opportunities, barriers and challenges. Each trend is independently researched to provide qualitative analysis of its implications.

The blueberry extracts market was valued at US$ 201.0 million in 2018 and is expected to grow at a CAGR of 10.1% from 2019 to 2027 to reach US$475.9 million by 2027.

Blueberry extracts are extracted from blueberry fruits. These extracts are considered as a natural health supplement which is prepared from concentrated blueberry juice. Blueberry extract are known for rich nutritional profile and a rich source of antioxidants, beneficial plant compounds, such as flavonol and anthocyanins, and other vital nutrients. The food and dietary supplement manufacturers are turning their focus on blueberry extracts products due to the growing awareness regarding their nutritional benefits, leading to an increase in their demand all over the globe. Rising health awareness among the general population is driving the consumption of natural origin products with natural ingredients. To cater to the market demand for blueberry extracts, producers are diversifying the application base of these extracts. The North America region possesses the largest share in the global blueberry extract market. The largest market share of the North American region is primarily attributed to the rising awareness among the consumers related to the health advantages associated with the rise in consumption of organic products and growing demand from nutraceutical industries are propelling the demand for blueberry extract in this region. 

 

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Key Players:

  1. Bio-Botanica Inc.
  2. Carrubba Inc.
  3. FutureCeuticals, Inc.
  4. Life Extension
  5. Mazza Innovation
  6. Nutragreen Biotechnology Company
  7. HerboNutra
  8. Naturalin
  9. Shaanxi Guanjie Technology Co., Ltd Company
  10. Berrico

Market Segmentation:

Global Blueberry Extracts Market – By Form

  • Liquid
  • Powder
  • Dried (Dehydrated)
  • Puree

Global Blueberry Extracts Market – By Applications

  • Food and Beverages
  • Cosmetics and Skin Care
  • Nutraceuticals
  • Others

Global Blueberry Extracts Market – By Distribution Channel

  • Direct Sale
  • Indirect Sale

Surging Demand for Dietary Supplements and Functional Food & Beverages is Leading to Rising Demand for Blueberry Extracts

Blueberry extract is a type of natural health supplement which is a rich source of nutrients and antioxidants and beneficial plant compounds and can be supplemented with a blueberry extract, isolated anthocyanins, or frozen or fresh blueberries. Blueberries extract are used to treat or prevent several acute and chronic diseases such as Alzheimer’s disease, high cholesterol, high blood pressure, diabetes, heart disease, and others. For instance, the American Cancer Society has placed the blueberry at the top of its list of foods beneficial in the prevention of the risk of certain types of cancer. Further, it maintains brain functioning and reduces urinary tract infection. Such nutritional and health benefits associated with the consumption of blueberry extract have promoted its use in dietary supplements and functional foods. Further, the favorable regulatory policies in terms of dietary supplement, as compared to the pharmaceutical industry have promoted the growth of the blueberry extract market.

 

The reports cover key developments in the Blueberry Extracts Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players.

 The report analyses factors affecting the Blueberry Extracts Market from further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Blueberry Extracts Market in these regions.

Moreover, the report entails the estimate and analysis for the Blueberry Extracts Market on a global as well as regional level. The study provides historical data as well as the trending features and future predictions of the market growth. Further, the report encompasses drivers and restraints for the Blueberry Extracts Market growth along with its impact on the overall market development. In addition, the report provides an analysis of the accessible avenues in the market on a global level.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Blueberry Extracts Market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions. The Blueberry Extracts Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

 

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