Report Description
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:
Definition
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.
Market Drivers
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.
Market Restraints
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.
Opportunities
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.
Trends
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.
Segment Covered:
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:
q Pills
q Powdered
q Liquid
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 Berrico
q Naturalin
q HerboNatura
q Mazza
Innovation
q Life Extension
q FutureCeuticals
Inc
q Carrubba
Inc
q Bio-Botanica
Inc
q JF
Natural
q Swanson
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.
Report Highlights:
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
Naturex
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.
Salient Features:
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
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Blueberry Extract Market
v
Identification
of key factors driving investment opportunities in the Blueberry
Extract Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
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