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Global Blueberry Extract Market - Forecast(2023 - 2028)
Global Blueberry Extract Market Overview
Global Blueberry Extract Market size is estimated to reach $394.92 million by 2026, growing at a CAGR of 10.09% over 2021-2026. Blueberries are used as a medicine for various diseases such as cataracts, urinary tract infections, diarrhea, and others. Blueberries has various health benefits and are consumed as fruits as well as in extract form. Blueberry extract is made from concentrated blueberry juice and is rich source of anthocyanins among common fruit. Blueberry extract contains chlorogenic acid that has various health benefits as it helps in preventing weight gain. Blueberry extract is used in various sectors such as pharmaceutical, food and beverage and many more. Lycopene is an antioxidant that occurs in blueberries. Blueberries are high in micronutrients as they contains vitamins and minerals and provides various health benefits. Rising demand of organic blueberries owing to various health benefits and growing use of blueberries extract in various sector is the major factor driving the growth of Blueberry Extract Market. Furthermore, increasing use of blueberry in food and beverage industry, changing consumer preference towards foods and rising advancement in technology is set to further enhance the overall market demand for Global Blueberry Extract Market for the period 2021-2026.
Report Coverage
The report: “Global Blueberry Extract Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Global Blueberry Extract Market.
By Product Type: Frozen Blueberry, Dried Blueberry, Blueberry Puree, Blueberry Juice Concentrate, and others.
By Form: Liquid, Powder, and Pills.
By Application: Food and Beverage, Nutraceutical, Pharmaceutical, and others.
By Geography: North America (U.S., Canada, Mexico), Europe (U.K, Germany, Italy, France, Spain, Russia, Rest of Europe), Asia Pacific (China, Australia, Japan, South Korea, India, Rest of Asia Pacific), South America (Brazil, Argentina, Others) and Rest of the World (Middle East, Africa).
Key Takeaways
- In 2020, North America dominated the Global Blueberry Extract Market owing to changing dietary pattern that increases the demand of blueberry extract among consumers. Moreover, rising adoption of organic products among consumers and rising demand of blueberry in food and beverage industry which in turn driving the market growth.
- Rising demand of organic blueberries owing to various health benefits and growing use of blueberries extract in various sector are enhancing the growth of the Global Blueberry Extract Market.
- Detailed analysis of the Strength, Weakness, and Opportunities of the prominent manufacturers operating in the market will be provided in the Global Blueberry Extract Market report.
- Blueberry extract contains no standard dosage for consumption is set to create hurdles for the Global Blueberry Extract Market.
Global Blueberry Extract Market Size, By Application 2020-2026 (USD Million)
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Global Blueberry Extract Segment Analysis – By Form
The Global Blueberry Extract Market based on Form can be further distributed into Liquid, Powder, and Pills. The Liquid segment is the major segment generating revenue in 2020. This is mainly owing to the fact that liquid form of blueberry is easily consumed that increases the demand of blueberry among consumers. Moreover, manufacturers are also increasing the production of blueberry in liquid form that rising the availability of liquid form and thus propelling the market growth. The powder segment is estimated to register the fastest CAGR of 11.5% for the period 2021-2026. This is mainly owing to its various health benefits that increases the adoption of blueberry extract in powder form. Moreover, it contains many nutrients that helps to reduce the risk of diseases that increases demand of powder form among consumers which in turn boosting the growth of Global Blueberry Extract Market.
Global Blueberry Extract Segment Analysis – By Application
The Global Blueberry Extract Market based on Application can be further segmented into Food and Beverage, Nutraceutical, Pharmaceutical, and others. The Food and Beverage segment registers for the highest Global Blueberry Extract market share in 2020. This is mainly owing to rising awareness about benefits of health, manufacturers are focusing on blueberry extract product that increases the production of blueberry in food and beverage sector and thus rising the demand of blueberry extract in food and beverage industry. The Pharmaceutical segment is forecasted to register the fastest CAGR of 12.2% over 2021-2026. Blueberry extract is rich in anthocyanin, vitamin C and antioxidants that helps in reducing various skin diseases which rising the demand of blueberry extract in pharmaceutical industry which in turn propelling the growth of Global Blueberry Extract Market.
Global Blueberry Extract Segment Analysis – By Geography
North America dominated the Global Blueberry Extract Market with major share of 45% in 2020. This is owing to changing dietary pattern that increases the demand of blueberry extract among consumers. Moreover, the rising adoption of organic products among consumers and the rising demand of blueberry in food and beverage industry which in turn driving the market growth. In U.S, about 98% of blueberry is produced that rising the demand for blueberry extract and are driving the growth of Blueberry Extract Market.
However, Asia Pacific is projected to grow at a fastest CAGR of 6.5% during the forecast of 2021-2026 owing to growing advancement in technology increases the innovation in foods that rising the adoption of blueberry extract among consumers. Moreover, rising consumption of natural products in various Asian countries such as china, India, japan are contributing the need of blueberry extract and therefore boosting the market growth.
Global Blueberry Extract Market Drivers
Rising Demand of Organic Blueberries
Rising busy schedule among consumers growing the trend of consuming healthy diet that increasing the demand of organic blueberries which further enhance the growth of Global Blueberry Extract Market. Moreover, organic blueberry extract is used to increase immunity that rising the preference of consumers regarding organic fruit and rising demand of dietary supplements increases the demand for organic blueberry extract and therefore driving the growth of the Global Blueberry Extract Market over the period 2021-2026.
Growing Demand of Blueberry Extract in Various Sector
Rising application of blueberries in various industries such as food and beverage, pharmaceutical and many others increases the demand of blueberry extract among consumers as it contains phytochemical properties and is high in antioxidants. Moreover, natural ingredients are more prevalent for cosmetic and skin care products that rising the use of blueberry in various industries which further boosting the growth of Global Blueberry Extract Market over the period 2021-2026.
Covid-19 Impact:
COVID-19 pandemic had greatly impacted the growth of Global Blueberry Extract Market. During pandemic, there is a lockdown that created a disruption in the manufacturing industries owing to less availability of human resources. Moreover, production capacity also decreases among manufacturers and are negatively impacted the growth of Global Blueberry Extract Market.
Global Blueberry Extract Market Challenges
Blueberry extract contains no standard dosage for consumption
The factors that are set to impede the growth of the Global Blueberry Extract Market are the usage of blueberry with other medication is harmful and there is no standard dosage available for the consumption of blueberry extract that is set to create hurdles for the Global Blueberry Extract Market.
Global Blueberry Extract Landscape
Product launches, acquisitions, collaboration, joint ventures, and geographical expansions are key strategies adopted by players in the Global Blueberry Extract Market. Global Blueberry Extract top 10 companies are Blueberries Medical Corp., Bio Botanica, Nutragreen Biotechnology, INI Farms, Berrico, FutureCeuticals, Inc., Carrubba Inc., Life Extension, HerboNutra, Naturalin, Mazza Innovation, and Shaanxi Guanjie Technology Co., Ltd.
Developments
- In June 2020, Blueberries Medical Corp. collaborated with Medcann to develop, and produce blueberry cannabis extracts.
- In February 2020, The Van Drunen Family of companies partnered with Folium company. This partnership helped folium to increase its sales in food & beverage, and supplements category.
Relevant Reports:
Report Code: FBR 30293
Report Code: FBR 0036
For more Food and Beverage Market related reports, please click here
1. Global Blueberry Extract Market Overview
1.1 Definitions and Scope
2. Global Blueberry Extract Market Executive Summary
2.1 Market Size and Key Trends
2.2 Key trends by Product Type
2.3 Key trends by Form
2.4 Key trends by Application
2.5 Key trends by Geography
3. Global Blueberry Extract Market Landscape
3.1 Market Share Analysis- Key Companies
3.2 Product Benchmarking- Key Companies
3.3 Financial Analysis - Key Companies
3.4 Patent Analysis
3.5 Pricing Analysis
4. Global Blueberry Extract Market- Startup companies Scenario Premium Premium
4.1 Key startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Application Analysis
4.1.4 Venture Capital and Funding Scenario
5. Global Blueberry Extract Market- Industry Market Entry Scenario Premium Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case Studies of successful ventures
6. Global Blueberry Extract Market Forces
6.1 Market Drivers
6.2 Market Constraints/Challenges
6.3 Porters Five Force Model
6.3.1 Bargaining Power of Suppliers
6.3.2 Bargaining Powers of Customers
6.3.3 Threat of New Entrants
6.3.4 Rivalry Among Existing Players
6.3.5 Threat of Substitutes
7. Global Blueberry Extract Market Strategic Analysis
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Market Life Cycle
8. Global Blueberry Extract Market – By Product Type (Market Size -$Million/$Billion)
8.1 Frozen Blueberry
8.2 Dried Blueberry
8.3 Blueberry Juice Concentrate
8.4 Others
9. Global Blueberry Extract Market – By Form (Market Size -$Million/$Billion)
9.1 Liquid
9.2 Powder
9.3 Pills
10. Global Blueberry Extract Market– By Application (Market Size -$Million/$Billion)
10.1 Food and Beverage
10.2 Nutraceutical
10.3 Pharmaceutical
10.4 Others
11. Global Blueberry Extract Market- By Geography (Market Size -$Million/$Billion)
11.1 North America
11.1.1 U.S.
11.1.2 Canada
11.1.3 Mexico
11.2 Europe
11.2.1 U.K.
11.2.2 Germany
11.2.3 Italy
11.2.4 France
11.2.5 Spain
11.2.6 Russia
11.2.7 Rest of Europe
11.3 Asia-Pacific
11.3.1 China
11.3.2 Australia
11.3.3 Japan
11.3.4South Korea
11.3.5 India
11.3.6 Rest of Asia-Pacific
11.4 South America
11.4.1 Brazil
11.4.2 Argentina
11.4.3 Others
11.5 Rest of the World
11.5.1 Middle East
11.5.2 Africa
12. Global Blueberry Extract Market Entropy
13. Global Blueberry Extract Market- Industry / Segment Competition landscape Premium Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Key companies
13.1.2 Market Share by Region- Key companies
13.1.3 Market Share at Global Level- Key companies
13.1.4 Competition Matrix
13.1.5 Best Practices for Companies
14. Global Blueberry Extract Market- Key Company List by Country Premium Premium
15. Global Blueberry Extract Market Company Analysis
15.1 Company Revenue, Products, M&A, Developments
15.2 Company 1
15.3 Company 2
15.4 Company 3
15.5 Company 4
15.6 Company 5
15.7 Company 6
15.8 Company 7
15.9 Company 8
15.10 Company 9
15.11 Company 10
"*Financials for private companies would be provided on a best efforts basis”.
LIST OF TABLES
1.Global Market Segmentation Market 2019-2024 ($M)1.1 By Product Type Market 2019-2024 ($M) - Global Industry Research
1.1.1 Liquid Market 2019-2024 ($M)
1.1.2 Powder Market 2019-2024 ($M)
1.1.3 Pills Market 2019-2024 ($M)
1.2 By Application Market 2019-2024 ($M) - Global Industry Research
1.2.1 Pharmaceutical Market 2019-2024 ($M)
1.2.2 Food Beverage Market 2019-2024 ($M)
1.2.3 Nutraceutical/Dietary Supplement Market 2019-2024 ($M)
2.Global Competitive Landscape Market 2019-2024 ($M)
2.1 Most Active Companies in the Past Five Years Market 2019-2024 ($M) - Global Industry Research
3.Global Market Segmentation Market 2019-2024 (Volume/Units)
3.1 By Product Type Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Liquid Market 2019-2024 (Volume/Units)
3.1.2 Powder Market 2019-2024 (Volume/Units)
3.1.3 Pills Market 2019-2024 (Volume/Units)
3.2 By Application Market 2019-2024 (Volume/Units) - Global Industry Research
3.2.1 Pharmaceutical Market 2019-2024 (Volume/Units)
3.2.2 Food Beverage Market 2019-2024 (Volume/Units)
3.2.3 Nutraceutical/Dietary Supplement Market 2019-2024 (Volume/Units)
4.Global Competitive Landscape Market 2019-2024 (Volume/Units)
4.1 Most Active Companies in the Past Five Years Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Market Segmentation Market 2019-2024 ($M)
5.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Liquid Market 2019-2024 ($M)
5.1.2 Powder Market 2019-2024 ($M)
5.1.3 Pills Market 2019-2024 ($M)
5.2 By Application Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Pharmaceutical Market 2019-2024 ($M)
5.2.2 Food Beverage Market 2019-2024 ($M)
5.2.3 Nutraceutical/Dietary Supplement Market 2019-2024 ($M)
6.North America Competitive Landscape Market 2019-2024 ($M)
6.1 Most Active Companies in the Past Five Years Market 2019-2024 ($M) - Regional Industry Research
7.South America Market Segmentation Market 2019-2024 ($M)
7.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Liquid Market 2019-2024 ($M)
7.1.2 Powder Market 2019-2024 ($M)
7.1.3 Pills Market 2019-2024 ($M)
7.2 By Application Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Pharmaceutical Market 2019-2024 ($M)
7.2.2 Food Beverage Market 2019-2024 ($M)
7.2.3 Nutraceutical/Dietary Supplement Market 2019-2024 ($M)
8.South America Competitive Landscape Market 2019-2024 ($M)
8.1 Most Active Companies in the Past Five Years Market 2019-2024 ($M) - Regional Industry Research
9.Europe Market Segmentation Market 2019-2024 ($M)
9.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Liquid Market 2019-2024 ($M)
9.1.2 Powder Market 2019-2024 ($M)
9.1.3 Pills Market 2019-2024 ($M)
9.2 By Application Market 2019-2024 ($M) - Regional Industry Research
9.2.1 Pharmaceutical Market 2019-2024 ($M)
9.2.2 Food Beverage Market 2019-2024 ($M)
9.2.3 Nutraceutical/Dietary Supplement Market 2019-2024 ($M)
10.Europe Competitive Landscape Market 2019-2024 ($M)
10.1 Most Active Companies in the Past Five Years Market 2019-2024 ($M) - Regional Industry Research
11.APAC Market Segmentation Market 2019-2024 ($M)
11.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Liquid Market 2019-2024 ($M)
11.1.2 Powder Market 2019-2024 ($M)
11.1.3 Pills Market 2019-2024 ($M)
11.2 By Application Market 2019-2024 ($M) - Regional Industry Research
11.2.1 Pharmaceutical Market 2019-2024 ($M)
11.2.2 Food Beverage Market 2019-2024 ($M)
11.2.3 Nutraceutical/Dietary Supplement Market 2019-2024 ($M)
12.APAC Competitive Landscape Market 2019-2024 ($M)
12.1 Most Active Companies in the Past Five Years Market 2019-2024 ($M) - Regional Industry Research
13.MENA Market Segmentation Market 2019-2024 ($M)
13.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Liquid Market 2019-2024 ($M)
13.1.2 Powder Market 2019-2024 ($M)
13.1.3 Pills Market 2019-2024 ($M)
13.2 By Application Market 2019-2024 ($M) - Regional Industry Research
13.2.1 Pharmaceutical Market 2019-2024 ($M)
13.2.2 Food Beverage Market 2019-2024 ($M)
13.2.3 Nutraceutical/Dietary Supplement Market 2019-2024 ($M)
14.MENA Competitive Landscape Market 2019-2024 ($M)
14.1 Most Active Companies in the Past Five Years Market 2019-2024 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Global Blueberry Extract Market Revenue, 2019-2024 ($M)2.Canada Global Blueberry Extract Market Revenue, 2019-2024 ($M)
3.Mexico Global Blueberry Extract Market Revenue, 2019-2024 ($M)
4.Brazil Global Blueberry Extract Market Revenue, 2019-2024 ($M)
5.Argentina Global Blueberry Extract Market Revenue, 2019-2024 ($M)
6.Peru Global Blueberry Extract Market Revenue, 2019-2024 ($M)
7.Colombia Global Blueberry Extract Market Revenue, 2019-2024 ($M)
8.Chile Global Blueberry Extract Market Revenue, 2019-2024 ($M)
9.Rest of South America Global Blueberry Extract Market Revenue, 2019-2024 ($M)
10.UK Global Blueberry Extract Market Revenue, 2019-2024 ($M)
11.Germany Global Blueberry Extract Market Revenue, 2019-2024 ($M)
12.France Global Blueberry Extract Market Revenue, 2019-2024 ($M)
13.Italy Global Blueberry Extract Market Revenue, 2019-2024 ($M)
14.Spain Global Blueberry Extract Market Revenue, 2019-2024 ($M)
15.Rest of Europe Global Blueberry Extract Market Revenue, 2019-2024 ($M)
16.China Global Blueberry Extract Market Revenue, 2019-2024 ($M)
17.India Global Blueberry Extract Market Revenue, 2019-2024 ($M)
18.Japan Global Blueberry Extract Market Revenue, 2019-2024 ($M)
19.South Korea Global Blueberry Extract Market Revenue, 2019-2024 ($M)
20.South Africa Global Blueberry Extract Market Revenue, 2019-2024 ($M)
21.North America Global Blueberry Extract By Application
22.South America Global Blueberry Extract By Application
23.Europe Global Blueberry Extract By Application
24.APAC Global Blueberry Extract By Application
25.MENA Global Blueberry Extract By Application
26.Berrico, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Nutragreen Biotechnology Co. Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Carruba Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Shaanxi Guanjie Bio-technology Co. Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Life Extension, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.JF Natural, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Bio-Botanica Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Mazza Innovation Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)