Report : Dried Blueberry Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Product Type (Freeze Dried, Sun Dried, Infused Dried, and Others), Nature (Conventional and Organic), End Use (Bakery Products, Confectionaries, Dairy Products, Beverages, Cereal and Snack Bars, and Others), and Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Online, Others)
Rise in Popularity of Natural Products to Drive Dried Blueberry Market Growth at 6.8% CAGR During 2020–2027
According to our latest study on “Dried Blueberries Market to 2027 – COVID-19 Impact and Analysis - by Product Type (Freeze Dried, Sun Dried, Infused Dried, and Others), Nature (Conventional and Organic), End Use (Bakery Products, Confectionaries, Dairy Products, Beverages, Cereal & Snack Bars, and Others), and Distribution Channel (Supermarkets & Hypermarket, Convenience Store, Online, and Others),” the market was valued at US$ 4,173.1 million in 2019 and is projected to reach US$ 7,024.0 million by 2027; it is expected to grow at a CAGR of 6.8% during the forecast period. The report highlights key factors driving the market growth and prominent players, along with their developments, in the market.
Blueberries are one of the most popular fruit in the world. With multiple application areas, blueberries are offered as fresh or processed fruit, juice, or dried or infused berries. Blueberries are used in different food products such as jellies, jams, and snack foods, additive to breakfast cereals. Most commonly available types of blueberries are highbush and lowbush blueberries. Blueberries are rich with fiber, nutrients, antioxidants, vitamin C, Vitamin K, and manganese, among others. The high antioxidant content helps reduce DNA damage and act as anti-aging and cancer. The food manufacturers are turning their focus on dried blueberry products due to the growing awareness regarding their nutritional benefits, leading to an increase in their demand across the world. Rising health awareness among the general population is driving the consumption of natural origin products with natural ingredients. More players in bakery goods and confectionaries are using dried blueberries as an ingredient. To cater to the market demand for dried blueberries, producers are expanding the plantation areas and berry processing facilities.
There has been a rising demand for blueberries and the end-products prepared with the blueberry extract among the cosmetics industry, health-conscious population, and athletes. The consumption of dried blueberries has increased globally due to its role in boosting health and longevity through their anti-oxidant, anti-cancer, and anti-aging properties. The benefits of antioxidants are attributed to their capability to reduce the oxidative damages caused by the presence of free radicals, ultraviolet (UV) light, and environmental pollutants. In the recent years, the focus of cosmetic companies has shifted toward formulations containing natural ingredients having antioxidant properties. Fresh or frozen blueberries are dehydrated to ~10–20% humidity and are later grounded to berry powder. Today, the blueberry powder is being consumed by thousands of people all across the world. Both blueberry powder and extract are significant raw materials for making dietary supplements. Dried blueberries have long shelf life, making them suitable for use in the cosmetic industry.
The global dried blueberries market is concentrated with a few well-established players such as CAL SAN Enterprises Ltd.; Karen’s Naturals; Graceland Fruit, Inc.; Kiantama Oy; Meduri Farms, Inc.; Naturipe Farms, LLC; Oregon Berry Packing, Inc.; Royal Nut Company; Shoreline Fruit LLC; and True Blue Farms.
Impact of COVID-19 Pandemic on Dried Blueberries Market
As of December 2020, the US, Brazil, India, Russia, South Africa, Mexico, and the UK are among the worst-affected countries in terms confirmed cases and reported deaths. The COVID-19 outbreak has affected economies and industries in various countries due to imposed lockdowns and travel bans, and business shutdowns. The overall market breakdown due to COVID-19 is also affecting the growth of the dried blueberries market due to shutting down of factories, obstacles in supply chain, and downturn in world economy.
The report includes the segmentation of the global dried blueberries market as follows: