A recent market intelligence report that is published by Data Insights Partner on the global Blueberry Extract Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Blueberry Extract Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Blueberry Extract Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Blueberry Extract Market is offered. In accordance with the report, the global Blueberry Extract Market is projected to expand by healthy CAGR over the period of forecast.
Market Insight, Drivers, Restraints, Opportunity & Trends of the Market:
Blueberry Extracts are derived from blueberries. Blueberries are prostrate shrubs of height varying between 4 inches to 13 feet. Blueberries are rich in minerals viz. manganese, vitamin K and Vitamin C. It has high content of water, protein, fats and carbohydrates. It is also a low caloric food containing polyphenols, phytochemicals, and anthocyanins. Blueberry extracts being derived from blueberry possess the above-mentioned nutrients. Moreover, blueberry extracts are highly efficient for fighting various types of cancers and also have antioxidant properties.
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The rational behavior of the consumers to consume nutrient rich foods of natural origin provides the initial impetus to the blueberry extracts market. With the expansion of the number of peoples suffering from a variety of diseases and their inclination to consume organic foods to battle down these diseases, the consumer base of blueberry extracts is on a rise.
The day-to-day busy schedule of life has reduced the number of hours spent in household kitchen and initiated the dependence on processed foods, convenience foods and grab and go foods. Also, with the introduction of various food delivery applications like swiggy, Zomato and many more, the dependence on processed foods have upsurged. The rising health consciousness of consumers coupled with their soaring dependence on convenience foods calls for the introduction of blueberry extracts to these foods. Also, the flourishing food and beverages industry is likely to fuel the application of blueberry extracts and charge up its market.
Also, the tight schedule and workload of people has forced them to unreluctantly skip their meals many a times. As result the human body does not receive the necessary nutrients that it requires. Such eating and nutrition gap is bridges by the intake of supplements. Blueberry extracts are widely applied in the pharmaceutical industry in a variety of medicines and supplements owning to the rich nutrition content in blueberry extracts and this is empowering the growth of this market.
The soaring importance of visual aesthetic and the consumers acceptance of beauty, skin-care and wellness products is leading to the application of blueberry extracts in this sector because of its antioxidant properties in the form of blueberry foaming face wash, creams and many more. Also the rising penetration of internet and social media is indirectly providing positive influence to the blueberry extracts market.
The usability of products comprising of blueberry extracts along with other medications poses severe threat to the human body and is hindering the growth of the market.
Blueberry extracts are highly valued ingredients among the other available ingredients. Moreover, the cost of extracting blueberry extracts from blueberries is immoderately high. This result in the premium cost of blueberry extracts and hampering the growth of this market.
Blueberry extracts could be used as a replacement for artificial flavoring because of its natural origin in processed foods. It can also be used as food additives. The continuously developing food and beverage industry is likely to provide lucrative opportunities for the further application of blueberry extracts.
The rising consumer awareness regarding the positive health benefits of blueberry extracts and the availability of blueberry market is likely to be a great kickstart for the blueberry extracts market.
At present the largest share of blueberry extracts market is situated in North America succeeded by the Europe market. In the North American region, the consumer base is relatively broader in United States. Latin America and Asia Pacific is the succeeding consumer base after North America. This is because of the presence of consumers who are health & wellness conscious. But, the Asia-Pacific region is likely to be fastest growing region for the blueberry extracts market owing the rising awareness among the consumers, growing disposable income in the hands of the people and the economic growth and development of this countries.
This market intelligence report on the global Blueberry Extract Market encompasses market segments based on product type, application, distributional Channel, and country.
By Product Type the global Blueberry Extract Market has been divided into:
By Application the global Blueberry Extract Market has been divided into:
q Food and Beverages
q Pharmaceutical Industry
q Skin-Care and Wellness Industry
By Distributional Channel the global Blueberry Extract Market has been divided into:
q Indirect Sales
q Direct Sales
By country/region, the global Blueberry Extract Market has been divided into:
q North America (the U.S., Canada),
q Latin America (Brazil, Mexico, Argentina and other countries),
q Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as:
q Mazza Innovation
q Life Extension
q FutureCeuticals Inc
q Carrubba Inc
q Bio-Botanica Inc
q JF Natural
others have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Blueberry Extract Market related investment & spending and developments by major players of the market are tracked in this global report.
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, IGR-Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Few Recent Developments
On April 2017, the company Naturex set in motion blueberry extracts accompanying memory refinement.
Mia & Ben
Mia & Ben is an UK based producer of baby and toddler foods. This start-up company will launch in three flavors of baby food among which Apple & Blueberry is one such flavor in Sainsbury. This announcement was made on January 2020.
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Ø This study offers comprehensive yet detailed analysis of the Blueberry Extract Market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020-2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world Blueberry Extract Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of Type of models, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for Blueberry Extract caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Blueberry Extract Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
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v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
v Identify key strengths and weaknesses of important market participants
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