Blueberry Extracts Market to Grow at a CAGR of 10.1% to reach US$475.9 million from 2019 to 2027

Blueberry Extracts Market to 2027 - Global Analysis and Forecasts by Form (Liquid, Powder, Dried (Dehydrated), and Puree; Applications (Food and Beverages, Cosmetics and Skin Care, Nutraceuticals, Others); Distribution Channel (Direct Sale, Indirect Sale)

  • Report Code : TIPRE00009683
  • Category : Food and Beverages
  • Status : Published
  • No. of Pages : 158
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The blueberry extracts market was valued at US$ 201.0 million in 2018 and is expected to grow at a CAGR of 10.1% from 2019 to 2027 to reach US$475.9 million by 2027.

Blueberry extract is prepared from blueberry fruits. Blueberry extract is considered a natural health supplement that is prepared from blueberry juice in a concentrated form. It is quite a rich source of nutrients as well as antioxidants, and they further extract contains beneficial plant compounds such as flavonol quercetin and anthocyanins. Blueberry extract finds applications in different industries such as food and beverage industries, dietary supplements, pharmaceuticals, among others. In natural medicine, blueberry extract is further said to have several health benefits, such as improved blood vessel health. The blueberry extract also helps to diminish the risk of macular degeneration, the irreversible condition that occurs while the macula, the middle portion of the retina, deteriorates. Blueberries also contain moderate amounts of sugar; hence, they don't have severe effects on blood sugar levels; due to this, people love to have blueberry extract.

The blueberry extract market in the Asia Pacific is expected to grow at the highest CAGR of 10.6% during the forecast period. Moreover, Asia Pacific holds a significant share in the global blueberry extract market due to the high use of blueberry extract in various applications. China, Japan, and India are the leading countries in terms of the use of the blueberry extract. China dominated the Asia Pacific blueberry extract market in 2018 and is projected to lead the market during 2019–2027. Demand for blueberry extract is increasing from several end-use industries in this region due to its nutritional profile. Blueberry extract has further observed a rise in demand from the nutraceutical industry owing to its beneficial nutritional profile. Blueberry is full of antioxidants, which further makes it a preference for companies in supplements and food product manufacturing. All these factors are influencing the demand for this product in this region.

The recent COVID-19outbreak began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across all regions in the world. As of May 2020, the US, India, Brazil, Russia, Spain, the UK, and some other countries are among the worst-hit countries in terms of confirmed cases and reported deaths. The outbreak has been affecting economies in various countries due to lockdowns, travel bans, and business shutdowns called protective measures to stop the spread of COVID-19. The food processing industry is considered as one of the major industries in the world that are suffering serious factory shutdown, supply chain disruptions, technology events cancellations, and office shutdowns because of this outbreak. Even though some of the manufacturers are trying to recover their loss by implementing new strategies, it will take ample time to overcome the pandemic loss.

Global Blueberry Extract Market


Global Blueberry Extract Market
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
 

Market Insights

Increasing Application of Blueberry Extract in Food and Beverages, Cosmetics and Skin Care, and Nutraceuticals

Consumers nowadays are making themselves aware of healthy food habits. The drive for healthy living is the basic factor poised to boost the demand for healthy ingredients and extract, like blueberry extract. Consumers prefer more nutritional food products to enhance overall health & wellbeing. Blueberries are further known for preventing cancer since they contain vitamins like vitamin C and A. Furthermore, the several phytonutrients present in blueberries work as powerful antioxidants, which may further help in protecting cells against damage mainly caused due to linked free radicals. Hence, food and beverage manufacturers are frequently incorporating healthy ingredients, like blueberry, in the form of powder, liquid, pieces in on-the-go snacks. The utilization of natural fruit extracts in food and beverage products has helped to further increase the demand for instant baby food products, which is presumed to be the key driver for this market in the near future. Blueberries also contain different anthocyanins and polyphenols, etc., which are responsible for several health benefits. The high content of antioxidants found in the blueberry extract is also anticipated to create more demand for this ingredient in the cosmetics & skincare industry. Even because of its antioxidant properties, it is mostly going for nutraceutical application.

Form Insights

Based on form, the blueberry extract market is segmented into liquid, powder, dried (dehydrated), and puree. The liquid segment accounted for the largest share in market in 2018, and the powder segment is expected to register the fastest CAGR during 2019–2027. Liquid blueberry extract is known as a natural health supplement prepared from concentrated blueberry juice. It is a rich source of nutrients as well as antioxidants; the blueberry extract also contains beneficial plant compounds such as flavonol quercetin and anthocyanins; it is a class of compounds utilized to reduce inflammation as well as to protect against heart disease also cancer. Liquid blueberry extract is mainly used in food and beverage processing, and mostly it fits well in baking.

Global Blueberry Extract Market, by Form– 2018 and 2027

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Application Insights

Based on application, the blueberry extract market is segmented into food and beverages, cosmetics and skincare, nutraceuticals, and Others. The food and beverages segment accounted for the largest share in the market in 2018, and the nutraceuticals segment is expected to register the highest CAGR during 2019–2027. Blueberry extract is highly utilized in food and beverage processing. Jams, jellies, preserves, honey, baked goods, blueberry filling, are common products available in the market. Juice and concentrates from blueberry extract are also gaining popularity among consumers. Blueberry extract is further used in savory baked goods as per consumer preference.

Distribution Channel Insights

On the basis of the distribution channel, the blueberry extract market has been segmented into direct sales and indirect sales. The indirect sale segment accounted for the largest share in the global blueberry extract market in 2018, and the direct sale segment is expected to register the highest CAGR during 2019–2027. An indirect sales channel is known for the sale of a good through a third party such as a wholesaler, retailer, distributor, and another third-party agent. Indirect sales channels for food delivery further includes supermarkets & hypermarket, convenience stores, online retail stores, and others. People find it convenient to pick up good in these stores, and usually, these stores have a high foothold of consumers; hence companies prefer to sell their food producers even blueberry extract through these stores. However, during the Covid-19 pandemic, consumers are highly preferring to buy food products online.

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Blueberry Extracts Market: Strategic Insights

Blueberry Extracts Market

  • CAGR (2018 - 2027)
    10.1%
  • Market Size 2018
    US$ 201.0 Million
  • Market Size 2027
    US$ 475.9 Million

Market Dynamics

GROWTH DRIVERS
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FUTURE TRENDS
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OPPORTUNITIES
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Key Players

  • Bio-Botanica Inc.
  • Carrubba Inc.
  • FutureCeuticals, Inc.
  • Life Extension
  • Mazza Innovation
  • Nutragreen Biotechnology Company
  • HerboNutra
  • Naturalin
  • Shaanxi Guanjie Technology Co., Ltd Company

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Form
  • Liquid
  • Powder
  • Dried
Distribution Channel
  • Direct Sale
  • Indirect Sale
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Mergers and acquisitions, and research and development are commonly adopted strategies by companies to expand their footprint worldwide. The blueberry extract market players are also implementing these strategies to enlarge the customer base and to gain significant market share in the world, which also allows them to maintain their brand name globally.

Report Spotlights

  • Progressive industry trends in the global blueberry extract market to help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the global blueberry extract market from 2017 to 2027
  • Estimation of global blueberry extract demand across various industries
  • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry
  • Recent developments to understand the competitive market scenario and global blueberry extract demand
  • Market trends and outlook as well as factors driving and restraining the growth of the global blueberry extract market
  • Decision-making process by understanding strategies that underpin commercial interest with regard to the market growth
  • Global blueberry extract market size at various nodes of market
  • Detailed overview and segmentation of the global blueberry extract market, as well as its industry dynamics
  • Global blueberry extract market size in various regions with promising growth opportunities

Global Blueberry Extract Market – by Form

  • Liquid
  • Powder
  • Dried (Dehydrated)
  • Puree


Global Blueberry Extract Market – by Application

  • Food and Beverages
  • Cosmetics and Skin Care
  • Nutraceuticals
  • Others


Global Blueberry Extract Market – by Distribution Channel

  • Direct Sale
  • Indirect Sale


Company Profiles

  • Bio-Botanica Inc
  • Carrubba Inc
  • FutureCeuticals, Inc
  • Life Extension
  • Mazza Innovation
  • Nutragreen Biotechnology Company
  • HerboNutra
  • Naturalin
  • Shaanxi Guanjie Technology Co., Ltd
  • Berrico

Blueberry Extracts Market Report Scope

Report Attribute Details
Market size in 2018 US$ 201.0 Million
Market Size by 2027 US$ 475.9 Million
Global CAGR (2018 - 2027) 10.1%
Historical Data 2016-2017
Forecast period 2019-2027
Segments Covered By Form
  • Liquid
  • Powder
  • Dried
By Distribution Channel
  • Direct Sale
  • Indirect Sale
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Bio-Botanica Inc.
  • Carrubba Inc.
  • FutureCeuticals, Inc.
  • Life Extension
  • Mazza Innovation
  • Nutragreen Biotechnology Company
  • HerboNutra
  • Naturalin
  • Shaanxi Guanjie Technology Co., Ltd Company
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    Form , and Puree; Applications ; Distribution Channel

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, United Arab Emirates, United Kingdom, United States

    Frequently Asked Questions


    What are the major applications of blueberry extracts?

    The blueberry extracts are majorly used in food and beverages, nutraceuticals, pharmaceuticals, personal care and cosmetics. Among these the nutraceuticals segment is expected to be the fastest growing segment during the forecast period. Blueberry extract is known to possess a rich phytochemical profile along with high content of antioxidant, which makes it ideal to be used in preparation of dietary supplements. Inherent nutritional profile of blueberry extracts has led to an increase in demand from nutraceutical industry. Factors such as rising health consciousness among consumers and increasing consumer inclination towards dietary supplements are also responsible for the growth of nutraceuticals segment.

    Which region led the global blueberry extracts market?

    In 2018, North America contributed to the largest share in the global blueberry extracts market. The growth of the blueberry extract market in this region is primarily attributed to rapid growth in the pharmaceuticals & dietary supplements and food and beverage industry in the US and Canada. Rising demand for healthy and nutritional food and beverages among the health-conscious consumers is the major factor driving the blueberry extract market in North America. Blueberry extract are used as a key ingredient in cosmetic products, and growing awareness about the benefits of using blueberry extract in cosmetic products has boosted the blueberry extract market growth in the North America region.

    What are the key opportunities for the global blueberry extracts market?

    The rising application of blueberry extracts in cosmetics and personal care products is expected to provide lucrative opportunities for global blueberry extracts market. Growing consumer concerns associated with synthetic ingredients and chemical substances have raised the demand for natural ingredients in cosmetics and personal care products. Blueberry fruit extract is a natural ingredient which is known for its antioxidants, anti-inflammatory, moisturizing, hydration and skin-conditioning properties. Thus it has been extensively used in skincare and cosmetics such as anti-aging creams, sunscreens, facial serum, cleaners, lotions, lip balms etc. It is also used in use in personal care products such as hand sanitizers, shampoo, hair oil, conditioners, soaps etc.

    The List of Companies - Blueberry Extracts Market

    1. Bio-Botanica Inc.
    2. Carrubba Inc.
    3. FutureCeuticals, Inc.
    4. Life Extension
    5. Mazza Innovation
    6. Nutragreen Biotechnology Company
    7. HerboNutra
    8. Naturalin
    9. Shaanxi Guanjie Technology Co., Ltd Company
    10. Berrico

    The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

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    Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

    1. Primary Research:

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    Research Methodology

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    • 3.1 Macro-Economic Factor Analysis:

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    The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

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    1. Data Triangulation and Final Review:

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