Blueberry Extract Market is Dominated by Liquid Blueberry Extract During the Forecast Period
New product launches with growing
benefits of using blueberry extract and rise in interest in organic flavor
products are the leading factors expected to drive the global blueberry extract
market during the forecast period.
According to
TechSci Research report, “Blueberry Extract Market– Global Industry Size,
Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F” The global blueberry extract market
is expected to grow during the forecast period as the expanding consumer demand
for organic blueberries and the growing trend of consuming healthy diet-based
food products are driving the global market for blueberry extract over the
forecast period.
Blueberry extracts, which are
regarded as a natural and nutritious food, are produced by producers using
concentrated blueberry juice. The blueberry extract is recognized for its
potent nutritional composition, which includes a high concentration of
antioxidants, beneficial plant compounds including flavanol and anthocyanins,
and other crucial components. The blueberry extract is widely used in food &
beverage industry and cosmetics industry due to its high antioxidant
properties. In the food & beverages industry, the blueberry extract is used
as a flavoring in products such as blueberry juice, jam etc., which is driving up demand
for the products made from blueberry extracts on a global scale.
However, many health advantages of blueberries are caused by a variety
of substances, including anthocyanins, polyphenols, etc. The strong antioxidant
content of blueberry extract is anticipated to boost sales in the skin and
cosmetics industries which will further enhance the market growth during the
forecast period.
Various factors driving the growth of blueberry
extract include the ability of blueberries to improve vision, reduce the risk
of cancer and heart disease, and boost the immune system,
which has led to a rise in consumer demand for them. People all over the world
are becoming more concerned about their health, and consumers prefer
nutritional foods to improve their overall health, which has further propelled
the demand for blueberry extracts. Owing to hectic schedules, people frequently
neglect their nutrition, and with the changing consumer behavior nowadays people have started including functional
foods and dietary food into their meals to balance them. The expansion of
lucrative business opportunities in the global market for blueberry
extract will be facilitated by these variables throughout the forecast period.
Moreover, organic blueberry extract
is used to boost immunity; as a result, demand for organic blueberry extract is
rising along with the need for dietary supplements, which in turn is expected
to fuel the expansion of the global blueberry extract market.
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Blueberry Extract Market."
The global blueberry extract market is segmented
based on form, application, distribution channel, region, and competitional
landscape.
Based on form the market
is further fragmented into liquid,
powder, dried. Among these segments, liquid is the fastest growing
owing primarily to the ease with which blueberries may be ingested in liquid
form, which raises consumer demand for blueberries. Moreover, producers are
producing more blueberries in liquid form, which is expanding their
availability and boosting the market's growth. which has led to increase in
demand for blueberry extract market during the forecast period.
Based on application, the market is further segmented
into food & beverages, cosmetic, and others (nutraceutical/dietary
supplements). Based on distribution channel, the market is segmented further
bifurcated into direct sales and indirect sales. The market analysis also studies the regional
segmentation among North America, Europe, Asia-Pacific, South America, and
Middle East & Africa.
Key market players in the global
blueberry extract market include:
- Healthy
Berries Ltd.
- LOOV
Organic OÜ
- HW
Wellness Solutions Pvt Ltd (True Elements)
- The
Berry Juice Company LTD
- Nature's
Way Products, LLC
- NOW Health
Group Inc.
- Mazza
Innovation Ltd.
- DPL Trading
Inc. (Micro Ingredients)
- FutureCeuticals
Inc.
- Berrico
Food Company B. V.
In order to obtain
significant market share within the market, the manufacturers of blueberry
extracts are broadening the applications for these extracts. For instance, Ariel
Labs has introduced a new line of foot, hand, and body creams, lotions, and
exfoliants, in order to capitalize on the antioxidant benefits of skin care
products.
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“The introduction of new
products and the benefits of blueberry extract which helps in improving insulin
resistance and glucose tolerance, and which also helps to increase the
expansion of the market growth during the forecast period. This is primarily owing to increased
awareness about the health benefits of blueberries, which increases blueberry
production in the food and beverage sector, and the growing consumer preference
for organic fruits, as well as rising demand for dietary supplements, are
driving demand for global blueberry extract market,” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
Blueberry
Extract Market – Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2018-2028F Segmented By Form (Liquid, Powder, Dried), By Application
(Food & Beverages, Cosmetic, and Others (Nutraceutical/Dietary
Supplements)), By Distribution Channel (Direct Sales, Indirect Sales), By
Region, Competition,
has evaluated the future growth potential blueberry extract and
provides statistics and information on market structure, size, share, and
future growth. The report is intended to provide cutting-edge market
intelligence and help decision-makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities present in blueberry extract market
global.
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