The Europe Blueberry Extract market was valued at US$ 47.4 million in 2018 and is projected to reach US$ 114.7 million by 2027; it is expected to grow at a CAGR of 10.4% during the forecast period 2018-2027.
Blueberry extract are derived from small blue berries, which grows on the perennial flowering bush Cyanococcus. These extracts are considered a natural health supplement which is prepared from concentrated blueberry juice. Blueberry extract are known for rich nutritional profile and a rich source of antioxidants, beneficial plant compounds, such as flavonol and anthocyanins, and other vital nutrients. The food and dietary supplement manufacturers are focusing on blueberry extracts products due to the growing awareness regarding their nutritional benefits, leading to an increase in their demand in Europe. Rising health awareness among the population is driving the consumption of natural origin products with natural ingredients. To cater to the Europe Blueberry Extract market demand for blueberry extracts, producers are diversifying the application base of these extracts.
Germany contributed to the largest share of the Europe Blueberry Extract market. Germany is one of the largest market in the region for healthy convenience food products. The German foodservice industry is made up of 222,365 businesses and is dominated by snack bars, restaurants, public housing, guest housing, and catering services. Turnover in the HRI sector has increased steadily since 2009, reaching more than US$ 100 million in 2018. This is due to the shift in consumer lifestyle, preferring a variation in healthy alternatives along with purchasing capacity to pay the product for a high price.
Europe Blueberry Extract Market
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Market Insights
Surging demand for dietary supplements and functional food and beverage products
The market for dietary supplements and functional food and beverage products is strongly driven by the shift toward health management practices along with increasing healthcare costs and a growing burden of lifestyle diseases. Dietary supplements are consumed to increase the intake of essential nutritional components in the human body. Factors such as healthy living, increasing standards, and consumption of healthy food products are becoming an essential factor in the healthcare and nutraceutical industry. Consumers are demanding dietary supplements and functional food products so as to promote their health. Further, the rising prevalence of chronic diseases across developed and developing economies such as the Germany, France, Russia, and UK are also contributing to the growth of these industries. This has led to heavy investments by industry players in research and technological innovations to develop products that help maintain human health and the treatment of several diseases. In the wake of increasing demand for dietary supplements and functional food and beverages, the demand for blueberry extract has substantially increased.
Form-Based Market 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 of the Europe blueberry extract market in 2018; however, the powder segment is expected to grow at the highest CAGR during the forecast period. Blueberry liquid extract is made from the juice of blueberry, which is enriched with numerous nutrients and antioxidants which helps to cure age-related macular degeneration, Alzheimer’s disease, diabetes, high blood pressure and cholesterol. It contains beneficial compounds such as flavonol quercetin, and anthocyanins, a class of compounds has helped to reduce inflammation and protect against heart disease and cancer. The high nutritional profile of the blueberry extracts has favored the pharmaceutical & dietary supplements segment in Europe.
Europe Blueberry Extract Market, by Form– 2018 and 2027
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Application-Based Market Insights
Based on application, the blueberry extract market is segmented into food and beverages, cosmetics and skin care, nutraceuticals, and others. In 2018, the food and beverages segment dominated the Europe blueberry extract market; whereas, the nutraceuticals segment is expected to grow at the fastest rate during 2019–2027. Owing to its various health benefits such as high amount of antioxidants, vitamins, minerals and other nutrients, blueberry extracts are used in functional foods and beverages. Food products such as snacks, confectionery, RTE food items containing natural fruits extracts have gained high demand in recent years. These food products provide consumer with enhanced health and performance by the introduction of ingredients that they lack naturally or the modification of the ingredients that are present.
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Europe Blueberry Extract Market: Strategic Insights
Market Size Value in US$ 47.4 Million in 2018 Market Size Value by US$ 114.7 Million by 2027 Growth rate CAGR of 10.4% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Europe Blueberry Extract Market: Strategic Insights
| Market Size Value in | US$ 47.4 Million in 2018 |
| Market Size Value by | US$ 114.7 Million by 2027 |
| Growth rate | CAGR of 10.4% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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Product development, merger and acquisition, and business planning are the commonly adopted strategies by companies to expand their product portfolio. Bio-Botanica Inc., Carrubba Inc., FutureCeuticals, Inc., and Life Extension are among the market players implementing this strategy to enlarge the customer base and gain significant market share in Europe, which in turn permits them to maintain their brand name in the European market.
Report Spotlights
- Progressive industry trends in the Europe Blueberry Extract market that help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the Europe Blueberry Extract market from 2017 to 2027
- Estimation of Europe Blueberry Extract demand across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the market competition in North America
- Market trends and outlook, coupled with factors driving and restraining the growth of the Europe Blueberry Extract market
- Decision-making process by understanding strategies that underpin commercial interest with regard to the Europe Blueberry Extract market growth
- Europe Blueberry Extract market size at various nodes of market
- Detailed overview and segmentation of the Europe Blueberry Extract market, as well as its dynamics in the industry
- Europe Blueberry Extract market size in various regions with promising growth opportunities
Europe Blueberry Extract Market – By Form
- Liquid
- Powder
- Dried (Dehydrated)
- Puree
Europe Blueberry Extract Market – By Application
- Food and Beverages
- Cosmetics and Skin Care
- Nutraceuticals
- Others
Europe 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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Form, Applications, Distribution Channel, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
UK, Germany, France, Italy, Russia
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Blueberry Extracts Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe PEST Analysis
5. Europe Blueberry Extracts Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Surging demand for dietary supplements and functional food and beverage products
5.1.2 Increasing demand from Europe region
5.2 Market Restraints
5.2.1 Side effects of blueberry extracts
5.3 Market Opportunities
5.3.1 Rising application base of blueberry extract in cosmetics industry
5.4 Future Trends
5.4.1 Increasing adoption of clean label and organic form of blueberry extract
5.5 Impact Analysis of Drivers and Restraints
6. Blueberry Extracts – Europe Market Analysis
6.1 Europe Blueberry Extracts Market Overview
6.2 Europe Blueberry Extracts Market Forecast and Analysis
7. Europe Blueberry Extracts Market Analysis – By Form
7.1 Overview
7.2 Europe Blueberry Extracts Market, By Form (2018 and 2027)
7.3 Liquid
7.3.1 Overview
7.3.2 Liquid: Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
7.4 Powder
7.4.1 Overview
7.4.2 Powder: Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
7.5 Puree
7.5.1 Overview
7.5.2 Puree: Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
7.6 Dried Dehydrated
7.6.1 Overview
7.6.2 Dried (Dehydrated): Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
8. Blueberry Extracts Market Analysis – By Application
8.1 Overview
8.2 Europe Blueberry Extracts Market, By Application (2018 and 2027)
8.3 Food and Beverages
8.3.1 Overview
8.3.2 Food and Beverages: Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
8.4 Cosmetics and Skin Care
8.4.1 Overview
8.4.2 Cosmetics and Skin Care: Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
8.5 Nutraceuticals
8.5.1 Overview
8.5.2 Nutraceuticals: Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
8.6 Others
8.6.1 Overview
8.6.2 Others: Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
9. Europe Blueberry Extracts Market Analysis – By Distribution Channel
9.1 Overview
9.2 Europe Blueberry Extracts Market, By Distribution Channel (2018 and 2027)
9.3 Direct Sale
9.3.1 Overview
9.3.2 Direct Sale: Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
9.4 Indirect Sale
9.4.1 Overview
9.4.2 Europe Indirect Sale: Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
10. Europe Blueberry Extracts Market – Country Analysis
10.1 Overview
10.1.1 Europe Blueberry Extracts Market Breakdown, by Key Countries
10.1.1.1 Germany Blueberry Extracts Market Revenue and Forecast to 2027 (US$ Mn)
10.1.1.1.1 Germany Blueberry Extracts Market Breakdown by Form
10.1.1.1.2 Germany Blueberry Extracts Market Breakdown by Application
10.1.1.1.3 Germany Blueberry Extracts Market Breakdown by Distribution Channel
10.1.1.2 France Blueberry Extracts Market Revenue and Forecast to 2027 (US$ Mn)
10.1.1.2.1 France Blueberry Extracts Market Breakdown by Form
10.1.1.2.2 France Blueberry Extracts Market Breakdown by Application
10.1.1.2.3 France Blueberry Extracts Market Breakdown by Distribution Channel
10.1.1.3 Italy Blueberry Extracts Market Revenue and Forecast to 2027 (US$ Mn)
10.1.1.3.1 Italy Blueberry Extracts Market Breakdown by Form
10.1.1.3.2 Italy Blueberry Extracts Market Breakdown by Application
10.1.1.3.3 Italy Blueberry Extracts Market Breakdown by Distribution Channel
10.1.1.4 United Kingdom Blueberry Extracts Market Revenue and Forecast to 2027 (US$ Mn)
10.1.1.4.1 United Kingdom Blueberry Extracts Market Breakdown by Form
10.1.1.4.2 United Kingdom Blueberry Extracts Market Breakdown by Application
10.1.1.4.3 United Kingdom Blueberry Extracts Market Breakdown by Distribution Channel
10.1.1.5 Rest of Europe Blueberry Extracts Market Revenue and Forecast to 2027 (US$ Mn)
10.1.1.5.1 Rest of Europe Blueberry Extracts Market Breakdown by Form
10.1.1.5.2 Rest of Europe Blueberry Extracts Market Breakdown by Application
10.1.1.5.3 Rest of Europe Blueberry Extracts Market Breakdown by Distribution Channel
11. Company Profiles
11.1 Bio-Botanica Inc.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Carrubba Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 FutureCeuticals, Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Life Extension
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Mazza Innovation
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Nutragreen Biotechnology Company
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 HerboNutra
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Naturalin
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Shaanxi Guanjie Technology Co., Ltd
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Berrico
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About the Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. Europe Blueberry Extracts Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. Germany Blueberry Extracts Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 3. Germany Blueberry Extracts Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 4. Germany Blueberry Extracts Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 5. France Blueberry Extracts Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 6. France Blueberry Extracts Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 7. France Blueberry Extracts Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 8. Italy Blueberry Extracts Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 9. Italy Blueberry Extracts Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 10. Italy Blueberry Extracts Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 11. United Kingdom Blueberry Extracts Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 12. United Kingdom Blueberry Extracts Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 13. United Kingdom Blueberry Extracts Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 14. Rest of Europe Blueberry Extracts Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 15. Rest of Europe Blueberry Extracts Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 16. Rest of Europe Blueberry Extracts Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 17. Glossary of Terms, Europe Blueberry Extracts Market
LIST OF FIGURES
Figure 1. Europe Blueberry Extracts Market Segmentations
Figure 2. Europe Blueberry Extracts Market Segmentation – By Country
Figure 3. Food and Beverages Held Largest Share In The Europe Blueberry extracts Market By Application
Figure 4. Germany Dominated The Europe Blueberry Extracts Market In 2018
Figure 5. Europe Blueberry Extracts Market, Industry Landscape
Figure 6. Europe PEST Analysis
Figure 7. Blueberry Extract Market Impact Analysis of Driver and Restraints
Figure 8. Europe Blueberry Extracts Market Forecast and Analysis, (US$ Mn)
Figure 9. Europe Blueberry Extracts Market Revenue Share, by Form (2018 and 2027)
Figure 10. Liquid: Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 11. Powder: Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 12. Puree: Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 13. Dried (Dehydrated): Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 14. Europe Blueberry Extracts Market Revenue Share, by Application (2018 and 2027)
Figure 15. Food and Beverages: Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 16. Cosmetics and Skin Care: Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 17. Nutraceuticals: Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 18. Others: Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 19. Europe Blueberry Extracts Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 20. Direct Sale: Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 21. Europe Indirect Sale: Blueberry Extracts Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 22. Europe Blueberry Extracts Market Breakdown by Key Countries, 2018 & 2027(%)
Figure 23. Germany Blueberry Extracts Market Forecasts To 2027 (US$ Mn)
Figure 24. France Blueberry Extracts Market Forecasts To 2027 (US$ Mn)
Figure 25. Italy Blueberry Extracts Market Forecasts To 2027 (US$ Mn)
Figure 26. United Kingdom Blueberry Extracts Market Forecasts To 2027 (US$ Mn)
Figure 27. Rest of Europe Blueberry Extracts Market Forecasts To 2027 (US$ Mn)
The List of Companies - Europe Blueberry Extracts Market
- Bio-Botanica Inc.
- Carrubba Inc.
- FutureCeuticals, Inc.
- Life Extension
- Mazza Innovation
- Nutragreen Biotechnology Company
- HerboNutra
- Naturalin
- Shaanxi Guanjie Technology Co., Ltd
- Berrico
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
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.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
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.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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