PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1284178
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1284178
Blueberry Extract Market Forecasts to 2028 - Global Analysis By Form (Pills, Powder and Liquid), Product (Blueberry Juice Concentrate, Dried Blueberry, Frozen Blueberry and Other Products), Application, Distribution Channel and By Geography
According to Stratistics MRC, the Global Blueberry Extract Market is accounted for $1.81 billion in 2022 and is expected to reach $3.15 billion by 2028 growing at a CAGR of 9.6% during the forecast period. Blueberry extracts is created by the blueberry juice concentrate. It is recognized as a healthy and natural food. The vitamins and minerals included in blueberries have a number of health advantages which make them a good source of micronutrients. The blueberry extract is prized for its robust nutritional content, which comprises a significant amount of antioxidants, advantageous plant chemicals including flavanol and anthocyanins, and other essential elements. Due to its high levels of antioxidants, blueberry extract is frequently utilized in the food and beverage sector as well as the cosmetics business.
According to the reports of Food and Agriculture Organization, blueberries are certified as one of the five healthiest foods for humans. It has the presence of up to 15 different anthocyanins and high amount of bioactive compounds in both the pulp and peel.
Market Dynamics:
Driver:
Raising awareness of its health benefits
Blueberry extract is a healthy and natural food. The anthocyanins, polyphenols, and other components of blueberries are responsible for many of its health benefits. The benefits of blueberries, such as their capacity to enhance vision, lower the risk of cancer and heart disease, and strengthen the immune system, have increased consumer demand for them. Increased health awareness among people all over the world and customer preference for nutrient-dense meals that enhance general health are propelling the market demand.
Restraint:
Chances of genetic disorders
Glucose-6-phosphate dehydrogenase (G6PD) deficiency is a genetic disorder. Some substances in food and medications are difficult for those with this disease to digest. The fruit blueberries contain one or more of these compounds. For those who can't tolerate salicylates, blueberries might cause a rash, headaches or a host of gastrointestinal symptoms, including nausea, vomiting, reflux, bloating, gas, diarrhea and constipation which are hindering its demand.
Opportunity:
Growing demand for organic blueberry extract
Consumers usually overlook their nutrition due to hectic lifestyles, but due to modern consumer behaviour changes, consumers are beginning to add dietary foods and functional foods to their meals to balance them. Due to the fact that organic blueberry extract is used to increase immunity, demand for it is growing with the need for nutritional supplements, which is anticipated to drive the growth of the worldwide blueberry extract market.
Threat:
Risk of hypoglycaemia
Combining blueberry extract with anti-diabetic drugs may make consumers more susceptible to hypoglycemia. It is a condition in which your blood sugar (glucose) level is lower than the standard range. This may result in hazy vision, trouble focusing, fuzzy thinking, slurred speech, numbness, and sleepiness. If the brain is starved of glucose for an extended period of time, this can cause seizures, coma, and extremely infrequently death. The market demand is being hampered by these factors.
COVID-19 Impact:
Blueberry consumption soared throughout the COVID-19 emergency. Since the blueberry may enhance heart health, bone density, skin health, blood pressure, and other conditions, the COVID-19 epidemic has motivated the majority of health-conscious consumers. In order to raise consumer knowledge of health issues during the epidemic, several dieticians have emphasized the advantages of blueberries. The merchants got benefited for long-term from the rise in demand for blueberries that were more solid.
The liquid segment is expected to be the largest during the forecast period
The liquid segment is estimated to have a lucrative growth. Concentrated blueberry juice is used to make blueberry liquid extract. It is a pure nutritional supplement. Since it is rich in antioxidants and vitamins C and K, it helps speed up the healing process. Since blueberries can only be found in fresh form during specific seasons, the food and beverage sector turns them into juice or puree. The bioactive components in blueberry by-products are preserved as a result. Liquid blueberry extract improves product stability and lowers the price of storage and delivery.
The food & beverage segment is expected to have the highest CAGR during the forecast period
The food & beverage segment is anticipated to witness the fastest CAGR growth during the forecast period, due to its significant health advantages. Blueberries are low in calories, high in fiber, and loaded with vitamins and minerals that boost the body's defense against allergies and illnesses. Increasing need for functional meals is also projected to drive this segment's demand.
Region with largest share:
North America is projected to hold the largest market share during the forecast period. U.S is one of the major producers due to significant demand from several end-use sectors such as cosmetics and skincare products, pharmaceuticals, food and beverages among others. The availability of products in the area has risen due to rising customer awareness of health and wellbeing. The expansion of the market is being fuelled by elements like the increasing popularity of cosmetics and nutritional supplements in the area.
Region with highest CAGR:
Asia Pacific is projected to have the highest CAGR over the forecast period. This region has several nutraceutical industries. There are several nutraceutical enterprises in this area. These sectors brought cutting-edge technology, which further expanded the market for blueberry extract with new prospects. The market has grown as a result of rising consumer awareness of healthy and natural goods as well as research and development activity in this area.
Key players in the market:
Some of the key players profiled in the Blueberry Extract Market include JF Natural, Bio-Botanica Inc, Mazza Innovation Ltd, FutureCeuticals, Nutra Green Biotechnology Co.,Ltd, Berrico Food Company, Shaanxi Guanjie Bio-technology Co. Ltd, Carrubba Inc, Life Extension, HerboNutra, Naturalin Bio-Resources Co Ltd, Shaanxi Guanjie Technology Co Ltd, Healthy Berries Ltd., LOOV Organic OU, HW Wellness Solutions Pvt Ltd (True Elements), The Berry Juice Company LTD, Nature's Way Products, LLC, NOW Health Group Inc and DPL Trading Inc.
Key Developments:
In January 2023, Healthy Berries Ltd launched two flavours in new 250 ml squeeze bottle. The Superfruit Puree Solos are single serve stick tubes filled with berry puree. All products are shelf stable with up to two years shelf life and are produced with no added ingredients or preservatives.
In August 2022, The Berry Juice Company has announced the launch of its new Green Tea and Blueberry juice blend with Aronia and Juniper extract. The latest variety will add to the brand's rapidly growing portfolio of unique, exotic and flavourful juices, including the likes of white tea peach with moringa and lemon; acai berry with raspberry and yerba mate; and pomegranate with aronia and rosehip.
Forms Covered:
- Pills
- Powder
- Liquid
Products Covered:
- Blueberry Juice Concentrate
- Dried Blueberry
- Frozen Blueberry
- Other Products
Applications Covered:
- Food & Beverages
- Nutraceutical
- Pharmaceutical
- Cosmetics & Skin Care
- Other Applications
Distribution Channels Covered:
- Direct Sale
- Indirect Sale
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 Application Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Blueberry Extract Market, By Form
- 5.1 Introduction
- 5.2 Pills
- 5.3 Powder
- 5.4 Liquid
6 Global Blueberry Extract Market, By Product
- 6.1 Introduction
- 6.2 Blueberry Juice Concentrate
- 6.3 Dried Blueberry
- 6.4 Frozen Blueberry
- 6.5 Other Products
7 Global Blueberry Extract Market, By Application
- 7.1 Introduction
- 7.2 Food & Beverages
- 7.3 Nutraceutical
- 7.4 Pharmaceutical
- 7.5 Cosmetics & Skin Care
- 7.6 Other Applications
8 Global Blueberry Extract Market, By Distribution Channel
- 8.1 Introduction
- 8.2 Direct Sale
- 8.3 Indirect Sale
9 Global Blueberry Extract Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 Italy
- 9.3.4 France
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 Japan
- 9.4.2 China
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 New Zealand
- 9.4.6 South Korea
- 9.4.7 Rest of Asia Pacific
- 9.5 South America
- 9.5.1 Argentina
- 9.5.2 Brazil
- 9.5.3 Chile
- 9.5.4 Rest of South America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 Qatar
- 9.6.4 South Africa
- 9.6.5 Rest of Middle East & Africa
10 Key Developments
- 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 10.2 Acquisitions & Mergers
- 10.3 New Product Launch
- 10.4 Expansions
- 10.5 Other Key Strategies
11 Company Profiling
- 11.1 JF Natural
- 11.2 Bio-Botanica Inc
- 11.3 Mazza Innovation Ltd
- 11.4 FutureCeuticals
- 11.5 Nutra Green Biotechnology Co.,Ltd
- 11.6 Berrico Food Company
- 11.7 Shaanxi Guanjie Bio-technology Co. Ltd
- 11.8 Carrubba Inc
- 11.9 Life Extension
- 11.10 HerboNutra
- 11.11 Naturalin Bio-Resources Co Ltd
- 11.12 Shaanxi Guanjie Technology Co Ltd
- 11.13 Healthy Berries Ltd.
- 11.14 LOOV Organic OU
- 11.15 HW Wellness Solutions Pvt Ltd (True Elements)
- 11.16 The Berry Juice Company LTD
- 11.17 Nature's Way Products, LLC
- 11.18 NOW Health Group Inc
- 11.19 DPL Trading Inc
List of Tables
- Table 1 Global Blueberry Extract Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Blueberry Extract Market Outlook, By Form (2020-2028) ($MN)
- Table 3 Global Blueberry Extract Market Outlook, By Pills (2020-2028) ($MN)
- Table 4 Global Blueberry Extract Market Outlook, By Powder (2020-2028) ($MN)
- Table 5 Global Blueberry Extract Market Outlook, By Liquid (2020-2028) ($MN)
- Table 6 Global Blueberry Extract Market Outlook, By Product (2020-2028) ($MN)
- Table 7 Global Blueberry Extract Market Outlook, By Blueberry Juice Concentrate (2020-2028) ($MN)
- Table 8 Global Blueberry Extract Market Outlook, By Dried Blueberry (2020-2028) ($MN)
- Table 9 Global Blueberry Extract Market Outlook, By Frozen Blueberry (2020-2028) ($MN)
- Table 10 Global Blueberry Extract Market Outlook, By Other Products (2020-2028) ($MN)
- Table 11 Global Blueberry Extract Market Outlook, By Application (2020-2028) ($MN)
- Table 12 Global Blueberry Extract Market Outlook, By Food & Beverages (2020-2028) ($MN)
- Table 13 Global Blueberry Extract Market Outlook, By Nutraceutical (2020-2028) ($MN)
- Table 14 Global Blueberry Extract Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 15 Global Blueberry Extract Market Outlook, By Cosmetics & Skin Care (2020-2028) ($MN)
- Table 16 Global Blueberry Extract Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 17 Global Blueberry Extract Market Outlook, By Distribution Channel (2020-2028) ($MN)
- Table 18 Global Blueberry Extract Market Outlook, By Direct Sale (2020-2028) ($MN)
- Table 19 Global Blueberry Extract Market Outlook, By Indirect Sale (2020-2028) ($MN)
- Table 20 North America Blueberry Extract Market Outlook, By Country (2020-2028) ($MN)
- Table 21 North America Blueberry Extract Market Outlook, By Form (2020-2028) ($MN)
- Table 22 North America Blueberry Extract Market Outlook, By Pills (2020-2028) ($MN)
- Table 23 North America Blueberry Extract Market Outlook, By Powder (2020-2028) ($MN)
- Table 24 North America Blueberry Extract Market Outlook, By Liquid (2020-2028) ($MN)
- Table 25 North America Blueberry Extract Market Outlook, By Product (2020-2028) ($MN)
- Table 26 North America Blueberry Extract Market Outlook, By Blueberry Juice Concentrate (2020-2028) ($MN)
- Table 27 North America Blueberry Extract Market Outlook, By Dried Blueberry (2020-2028) ($MN)
- Table 28 North America Blueberry Extract Market Outlook, By Frozen Blueberry (2020-2028) ($MN)
- Table 29 North America Blueberry Extract Market Outlook, By Other Products (2020-2028) ($MN)
- Table 30 North America Blueberry Extract Market Outlook, By Application (2020-2028) ($MN)
- Table 31 North America Blueberry Extract Market Outlook, By Food & Beverages (2020-2028) ($MN)
- Table 32 North America Blueberry Extract Market Outlook, By Nutraceutical (2020-2028) ($MN)
- Table 33 North America Blueberry Extract Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 34 North America Blueberry Extract Market Outlook, By Cosmetics & Skin Care (2020-2028) ($MN)
- Table 35 North America Blueberry Extract Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 36 North America Blueberry Extract Market Outlook, By Distribution Channel (2020-2028) ($MN)
- Table 37 North America Blueberry Extract Market Outlook, By Direct Sale (2020-2028) ($MN)
- Table 38 North America Blueberry Extract Market Outlook, By Indirect Sale (2020-2028) ($MN)
- Table 39 Europe Blueberry Extract Market Outlook, By Country (2020-2028) ($MN)
- Table 40 Europe Blueberry Extract Market Outlook, By Form (2020-2028) ($MN)
- Table 41 Europe Blueberry Extract Market Outlook, By Pills (2020-2028) ($MN)
- Table 42 Europe Blueberry Extract Market Outlook, By Powder (2020-2028) ($MN)
- Table 43 Europe Blueberry Extract Market Outlook, By Liquid (2020-2028) ($MN)
- Table 44 Europe Blueberry Extract Market Outlook, By Product (2020-2028) ($MN)
- Table 45 Europe Blueberry Extract Market Outlook, By Blueberry Juice Concentrate (2020-2028) ($MN)
- Table 46 Europe Blueberry Extract Market Outlook, By Dried Blueberry (2020-2028) ($MN)
- Table 47 Europe Blueberry Extract Market Outlook, By Frozen Blueberry (2020-2028) ($MN)
- Table 48 Europe Blueberry Extract Market Outlook, By Other Products (2020-2028) ($MN)
- Table 49 Europe Blueberry Extract Market Outlook, By Application (2020-2028) ($MN)
- Table 50 Europe Blueberry Extract Market Outlook, By Food & Beverages (2020-2028) ($MN)
- Table 51 Europe Blueberry Extract Market Outlook, By Nutraceutical (2020-2028) ($MN)
- Table 52 Europe Blueberry Extract Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 53 Europe Blueberry Extract Market Outlook, By Cosmetics & Skin Care (2020-2028) ($MN)
- Table 54 Europe Blueberry Extract Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 55 Europe Blueberry Extract Market Outlook, By Distribution Channel (2020-2028) ($MN)
- Table 56 Europe Blueberry Extract Market Outlook, By Direct Sale (2020-2028) ($MN)
- Table 57 Europe Blueberry Extract Market Outlook, By Indirect Sale (2020-2028) ($MN)
- Table 58 Asia Pacific Blueberry Extract Market Outlook, By Country (2020-2028) ($MN)
- Table 59 Asia Pacific Blueberry Extract Market Outlook, By Form (2020-2028) ($MN)
- Table 60 Asia Pacific Blueberry Extract Market Outlook, By Pills (2020-2028) ($MN)
- Table 61 Asia Pacific Blueberry Extract Market Outlook, By Powder (2020-2028) ($MN)
- Table 62 Asia Pacific Blueberry Extract Market Outlook, By Liquid (2020-2028) ($MN)
- Table 63 Asia Pacific Blueberry Extract Market Outlook, By Product (2020-2028) ($MN)
- Table 64 Asia Pacific Blueberry Extract Market Outlook, By Blueberry Juice Concentrate (2020-2028) ($MN)
- Table 65 Asia Pacific Blueberry Extract Market Outlook, By Dried Blueberry (2020-2028) ($MN)
- Table 66 Asia Pacific Blueberry Extract Market Outlook, By Frozen Blueberry (2020-2028) ($MN)
- Table 67 Asia Pacific Blueberry Extract Market Outlook, By Other Products (2020-2028) ($MN)
- Table 68 Asia Pacific Blueberry Extract Market Outlook, By Application (2020-2028) ($MN)
- Table 69 Asia Pacific Blueberry Extract Market Outlook, By Food & Beverages (2020-2028) ($MN)
- Table 70 Asia Pacific Blueberry Extract Market Outlook, By Nutraceutical (2020-2028) ($MN)
- Table 71 Asia Pacific Blueberry Extract Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 72 Asia Pacific Blueberry Extract Market Outlook, By Cosmetics & Skin Care (2020-2028) ($MN)
- Table 73 Asia Pacific Blueberry Extract Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 74 Asia Pacific Blueberry Extract Market Outlook, By Distribution Channel (2020-2028) ($MN)
- Table 75 Asia Pacific Blueberry Extract Market Outlook, By Direct Sale (2020-2028) ($MN)
- Table 76 Asia Pacific Blueberry Extract Market Outlook, By Indirect Sale (2020-2028) ($MN)
- Table 77 South America Blueberry Extract Market Outlook, By Country (2020-2028) ($MN)
- Table 78 South America Blueberry Extract Market Outlook, By Form (2020-2028) ($MN)
- Table 79 South America Blueberry Extract Market Outlook, By Pills (2020-2028) ($MN)
- Table 80 South America Blueberry Extract Market Outlook, By Powder (2020-2028) ($MN)
- Table 81 South America Blueberry Extract Market Outlook, By Liquid (2020-2028) ($MN)
- Table 82 South America Blueberry Extract Market Outlook, By Product (2020-2028) ($MN)
- Table 83 South America Blueberry Extract Market Outlook, By Blueberry Juice Concentrate (2020-2028) ($MN)
- Table 84 South America Blueberry Extract Market Outlook, By Dried Blueberry (2020-2028) ($MN)
- Table 85 South America Blueberry Extract Market Outlook, By Frozen Blueberry (2020-2028) ($MN)
- Table 86 South America Blueberry Extract Market Outlook, By Other Products (2020-2028) ($MN)
- Table 87 South America Blueberry Extract Market Outlook, By Application (2020-2028) ($MN)
- Table 88 South America Blueberry Extract Market Outlook, By Food & Beverages (2020-2028) ($MN)
- Table 89 South America Blueberry Extract Market Outlook, By Nutraceutical (2020-2028) ($MN)
- Table 90 South America Blueberry Extract Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 91 South America Blueberry Extract Market Outlook, By Cosmetics & Skin Care (2020-2028) ($MN)
- Table 92 South America Blueberry Extract Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 93 South America Blueberry Extract Market Outlook, By Distribution Channel (2020-2028) ($MN)
- Table 94 South America Blueberry Extract Market Outlook, By Direct Sale (2020-2028) ($MN)
- Table 95 South America Blueberry Extract Market Outlook, By Indirect Sale (2020-2028) ($MN)
- Table 96 Middle East & Africa Blueberry Extract Market Outlook, By Country (2020-2028) ($MN)
- Table 97 Middle East & Africa Blueberry Extract Market Outlook, By Form (2020-2028) ($MN)
- Table 98 Middle East & Africa Blueberry Extract Market Outlook, By Pills (2020-2028) ($MN)
- Table 99 Middle East & Africa Blueberry Extract Market Outlook, By Powder (2020-2028) ($MN)
- Table 100 Middle East & Africa Blueberry Extract Market Outlook, By Liquid (2020-2028) ($MN)
- Table 101 Middle East & Africa Blueberry Extract Market Outlook, By Product (2020-2028) ($MN)
- Table 102 Middle East & Africa Blueberry Extract Market Outlook, By Blueberry Juice Concentrate (2020-2028) ($MN)
- Table 103 Middle East & Africa Blueberry Extract Market Outlook, By Dried Blueberry (2020-2028) ($MN)
- Table 104 Middle East & Africa Blueberry Extract Market Outlook, By Frozen Blueberry (2020-2028) ($MN)
- Table 105 Middle East & Africa Blueberry Extract Market Outlook, By Other Products (2020-2028) ($MN)
- Table 106 Middle East & Africa Blueberry Extract Market Outlook, By Application (2020-2028) ($MN)
- Table 107 Middle East & Africa Blueberry Extract Market Outlook, By Food & Beverages (2020-2028) ($MN)
- Table 108 Middle East & Africa Blueberry Extract Market Outlook, By Nutraceutical (2020-2028) ($MN)
- Table 109 Middle East & Africa Blueberry Extract Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 110 Middle East & Africa Blueberry Extract Market Outlook, By Cosmetics & Skin Care (2020-2028) ($MN)
- Table 111 Middle East & Africa Blueberry Extract Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 112 Middle East & Africa Blueberry Extract Market Outlook, By Distribution Channel (2020-2028) ($MN)
- Table 113 Middle East & Africa Blueberry Extract Market Outlook, By Direct Sale (2020-2028) ($MN)
- Table 114 Middle East & Africa Blueberry Extract Market Outlook, By Indirect Sale (2020-2028) ($MN)
