Market Survey: Global Blueberry Extract Market is expected to grow at a CAGR of 12% during the forecast period of (2018 – 2023) | 360 Market Updates
Blueberry Extract Market (2018 – 2023) research report provides List of manufacturers, regional analysis, segmentation by type & applications and the actual process of whole Blueberry Extract industry. Blueberry Extract Market report delivers a detailed study of present and upcoming Opportunities to clarify future investment in the market.
“Blueberry Extract Market report is expected to register a CAGR of 12% over a five years forecast period.”
List of Major Key players operating in the Global Blueberry Extract Market are –
- Nutragreen Biotechnology Co. Ltd
- Carruba Inc.
- Shaanxi Guanjie Bio-technology Co. Ltd
- Life Extension
- JF Natural
- Bio-Botanica Inc.
- Mazza Innovation Ltd
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The global blueberry extract market is anticipated to record a CAGR of 12% from 2018-2023. Blueberry extract has observed an increased demand from the nutraceutical industry, due to its inherent nutritional profile. Blueberry is rich in antioxidants, which makes its extract a preference for companies in supplements and product manufacturing. Blueberry extract has the highest value among its ingredients, due to its costly extraction process and high ingredient cost.
Rising Organic Blueberry Demand
Increased demand for dietary supplement and nutraceutical products, growing aging population, and rising demand for organic blueberry extract, are the various factors driving the market. The United States is the largest market for organic blueberry extract, owing to consumer preference for organic fruits. The trend is growing at a faster rate in Europe as well. Blueberry extract has a rich phytochemical profile and contains high antioxidant content, which makes it ideal for the pharmaceutical and supplement industries. In pharmaceuticals, blueberry extract is used for cognitive health and immunity.
Market segmentation by product types includes liquid, powder, and pill/capsules. Blueberry extract in liquid form holds a significant share in the market, owing to the ease of industrial product formulation, as compared to powder form. Dietary supplement/Nutraceutical, pharmaceutical, and food & beverage are the various industrial applications of blueberry extract. The less strict regulatory requirement for dietary supplement, as compared to the pharmaceutical industry has supported the blueberry extract market growth. A pharmaceutical drug based on blueberry extract requires OTC drug approval, which is not the case with nutraceutical products. The demand of blueberry extract in the food & beverage industry is growing, due to the growing demand for functional food products.
The North American region has the largest share in the blueberry extract market, followed by Europe. The United States dominates the market for blueberry extract, driven by the increased health and wellness consumers and growing demand for organic blueberry extracts. The growing demand of blueberry extract from Asia-Pacific offers a great opportunity to the market growth.
• April 2017 – Naturex launched wild blueberry extract that is associated with memory improvement”.
The major players include – FUTURECEUTICALS, BERRICO, NUTRAGREEN BIOTECHNOLOGY CO. LTD, CARRUBA INC., SHAANXI GUANJIE BIO-TECHNOLOGY CO. LTD, LIFE EXTENSION, JF NATURAL, BIO-BOTANICA INC., MAZZA INNOVATION LTD, amongst others.
Reasons to Purchase this Report
• Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
• Market dynamics which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis, including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
• Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
• Comprehensive company profiles covering the product offerings, key financial information,
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Global Blueberry Extract Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2018-2023):
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
- Asia Pacific (China, Japan, India, Southeast Asia and Australia)
- Latin America (Brazil, Argentina and Colombia)
- The Middle East and Africa
Key Questions Answered About Blueberry Extract Market:
- What is the market size and growth rate of the global and regional market by various segments?
- What is the market size and growth rate of the Blueberry Extract market for selective countries?
- Which region or sub-segment is selected is expected to drive the market in the forecast period?
- What factors are estimated to drive and restrain the market growth?
- What are the key technological and Blueberry Extract market trends shaping the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
Reasons to Purchase Blueberry Extract Market Report:
- The report analyses how stringent emission control norms will drive the global Blueberry Extract market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major Blueberry Extract market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
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Blueberry Extract Market Report TOC Includes:
- Introduction of Blueberry Extract Market
- Research Approach and Methodology
- Blueberry Extract Market Overview
- Blueberry Extract Market Segmentation
- Competitive Landscape
- Company Profiles
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