Global Blueberry Extract Market - Forecast (2022 - 2027)

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. 

 

 

 

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).

 

• Inquiry Before Buying

 

• 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.

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. 

 

• Request Sample

 

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.

 

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.

 

• Schedule a Call

 

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.

 

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 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.

 

 

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.

 

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.