Global Blueberry Extract Market - Forecast(2021 - 2026)

Report Code: FBR 70548 Report Format: PDF + Excel (Delivery in 48 Hrs)

Global Blueberry Extract Market Overview

Global Blueberry Extract Market size is estimated to reach $394.92 million by 2026 and is poised to grow at a CAGR of 10.09% during the forecast period 2021-2026. Blueberries are a North American fruit that has multiple health benefits. It has been used since ancient times as a medicine for various diseases and disorders like cataracts, urinary tract infections, diarrhea, and others. Blueberries are often consumed as fruits as well as in extract form. Blueberry extract has applications in various industries such as pharmaceuticals, food and beverage industries, nutritional supplements, and others. Owing to these factors, growing health concern among consumers is estimated to drive the demand for blueberry extract market, which in turn, is enhancing the growth of market. Blueberry possesses different chemicals like anthocyanins, polyphenols, and others that are responsible for many health benefits. It is estimated that the high antioxidant content in blueberry extract is driving the growth of sales in the cosmetic and skincare industry as well. These are the factors that are estimated to boost the blueberry extract market growth during the forecast period 2021-2026.

Global Blueberry Extract Market Report Coverage

The report: “Global Blueberry Extract Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Global Blueberry Extract Market.
By Product Type: Frozen Blueberry, Dried Blueberry, Blueberry Puree, Blueberry Juice Concentrate, and others.
By Form: Liquid, Powder, and Pills.
By Application: Food & Beverage, Nutraceutical, Pharmaceutical, and others.
By Geography: North America, Asia-Pacific, Europe, and Rest of World.

Key Takeaways

  • Geographically, North America is poised to see extraordinary development owing to the increasing demand of blueberry extract from the food industry in the region and is set to continue during the forecast period 2021-2026.
  • Based on Form, liquid segment is gaining demand owing to the increasing manufacturers preference towards the production of blueberry extracts in a liquid form. 
  • There is no standard dosage for consumption of blueberry extract, which is estimated to restrict the market growth during the forecast period 2021-2026. 
  • Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Global Blueberry Extract Market report.

Global Blueberry Extract Market Segment Analysis - By Form

The global Blueberry Extract Market based on form can be further segmented into Liquid, Powder, and Pills. The protein powder segment registered for the highest revenue in 2020. This is owing to the increasing manufacturers preference towards the production of blueberry extracts in a liquid form owing to the ease of industrial product formulation. Further, the liquid form of blueberry extract is widely used in production of various foods and beverage items, as well as nutraceuticals to grant taste and flavor, in addition to the nutritional benefits. The powder segment is estimated to be the fastest-growing segment with a CAGR of 10.67% during the forecast period 2021-2026. This is owing to its increasing usage for various health benefits offered by the blueberry extract powder. 

Global Blueberry Extract Market Segment Analysis - By Application

The global Blueberry Extract Market based on Application can be further segmented into Pharmaceutical, Food & Beverage, Nutraceutical, and others. The Food & Beverage segment registers for the highest market share in 2020. The food and beverage manufacturers are turning their focus on blueberry extracts products owing to the growing awareness regarding their nutritional benefits, leading to an increase in their demand all over the globe. The Nutraceutical segment is estimated to be the fastest-growing segment owing to inherent nutritional profile of blueberry extract.

Global Blueberry Extract Market Segment Analysis - By Geography

The global Blueberry Extract Market based on Geography can be further segmented into North America, Asia-Pacific, Europe, and the Rest of the World. North America held the largest share of 34.4% in 2020. The health benefits associated with the increased consumption of organic products and the increasing demand of blueberry extract from the food industry is driving the demand for blueberry extract in this region. Asia-Pacific is estimated to be the fastest-growing segment. The growing awareness among consumers regarding healthy and natural products is driving the demand for blueberry extract in the region.

Global Blueberry Extract Market Drivers

Rising demand for organic blueberries

The growing demand for dietary supplement and nutraceutical products, rising aging population, and increasing demand for organic blueberry extract, are the various factors driving the market. The demand for organic blueberry extract is growing at a steady pace owing to consumer preference for organic fruits. Blueberry extract has rich phytochemical properties and is high in antioxidants, making it ideal for the pharmaceutical and supplement industries. In addition, organic blueberry extract is used for cognitive health and immunity. These factors are estimated to boost the market during the forecast period 2021-2026. 

Growing awareness about benefits associated with blueberry extracts

Blueberry extract is well-known for its rich nutritional profile and rich source of antioxidants and beneficial plant compounds, such as flavanols, anthocyanins, and other vital nutrients. Food and nutritional supplement manufacturers are shifting their focus to blueberry extract products owing to the growing awareness regarding their nutritional benefits, which is leading to an increase in their demand across the globe. 

Global Blueberry Extract Market Challenges

No standard dosage for consumption of blueberry extracts 

The usage of blueberry extracts coupled with other medications is harmful, which is restraining the global blueberry extract market. As blueberry extract lowers blood sugar levels, consumers taking diabetes medications prefer to use caution when using a blueberry extract supplement. Moreover, there is no standard dosage for consumption of blueberry extract, which is estimated to restrict the market growth during the forecast period 2021-2026.

Global Blueberry Extract Market Industry outlook:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Global Blueberry Extract Market. Key companies of this market Bio Botanica, Nutragreen Biotechnology, INI Farms, Berrico, FutureCeuticals, Inc., Carrubba Inc., Life Extension, HerboNutra, Naturalin, Mazza Innovation, and Shaanxi Guanjie Technology Co., Ltd.

Acquisitions/Product Launches:

  • In June 2020, Blueberries Medical Corp. has announced a collaboration with Medcann to develop, and produce blueberry cannabis extracts.
  • In February 2020, The Van Drunen Family of companies has announced partnership with Folium company. This partnership helped folium to increase its sales in food & beverage, and supplements category. 
  • In September 2019, INI Farms announced a joint venture with Munger Farms to create a global-value-chain for blueberry extracts in India.

1. Global Blueberry Extract Market- Overview
    1.1 Definitions and Scope
2. Global Blueberry Extract Market- Executive Summary
    2.1 Market Revenue, Market Size and Key Trends
    2.2 Key trends by Raw Material
    2.3 Key trends by Application
    2.4 Key trends by Geography
3. Global Blueberry Extract Market– Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies 
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Global Blueberry Extract Market- Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Global Blueberry Extract Market– Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Global Blueberry Extract Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Global Blueberry Extract Market– Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Global Blueberry Extract Market– By Raw material (Market Size –$Million/$Billion)
    8.1 Soy
    8.2 Spirulina
    8.3 Pumpkin Seed
    8.4 Hemp
    8.5 Rice
    8.6 Pea
    8.7 Others
9. Global Blueberry Extract Market– By Form (Market Size –$Million/$Billion)
    9.1 Liquid
    9.2 Powder
    9.3 Pills
10. Global Blueberry Extract Market– By Product Type (Market Size –$Million/$Billion)
    10.1 Blueberry Puree
    10.2 Frozen Blueberry
    10.3 Dried Blueberry
    10.4 Blueberry Juice Concentrate
    10.5 Others
11. Global Blueberry Extract Market– By Application (Market Size –$Million/$Billion)
    11.1 Pharmaceutical
    11.2 Food & Beverage
    11.3 Nutraceutical
    11.4 Others
12. Global Blueberry Extract Market- By Geography (Market Size –$Million/$Billion)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 Russia
        12.2.2 U.K.
        12.2.3 Germany
        12.2.4 France
        12.2.5 Italy
        12.2.6 Spain
        12.2.7 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 India
        12.3.3 Japan
        12.3.4 South Korea
        12.3.5 Australia & New Zealand
        12.3.6 Rest of Asia-Pacific
    12.4 Rest of the World
        12.4.1 Middle East
        12.4.2 Africa
        12.4.3 South America
13. Global Blueberry Extract Market- Entropy
14. Global Blueberry Extract Market– Industry/Segment Competition Landscape Premium
    14.1 Market Share Analysis
        14.1.1 Global Market Share – Key Companies
        14.1.2 Market Share by Region – Key companies
        14.1.3 Market Share by Countries – Key Companies
        14.1.4 Best Practices for Companies
15. Global Blueberry Extract Market– Key Company List by Country Premium Premium
16. Global Blueberry Extract Market Company Analysis
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Market Segmentation Market 2019-2024 ($M)
1.1 By Product Type Market 2019-2024 ($M) - Global Industry Research
1.1.1 Liquid Market 2019-2024 ($M)
1.1.2 Powder Market 2019-2024 ($M)
1.1.3 Pills Market 2019-2024 ($M)
1.2 By Application Market 2019-2024 ($M) - Global Industry Research
1.2.1 Pharmaceutical Market 2019-2024 ($M)
1.2.2 Food Beverage Market 2019-2024 ($M)
1.2.3 Nutraceutical/Dietary Supplement Market 2019-2024 ($M)
2.Global Competitive Landscape Market 2019-2024 ($M)
2.1 Most Active Companies in the Past Five Years Market 2019-2024 ($M) - Global Industry Research
3.Global Market Segmentation Market 2019-2024 (Volume/Units)
3.1 By Product Type Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Liquid Market 2019-2024 (Volume/Units)
3.1.2 Powder Market 2019-2024 (Volume/Units)
3.1.3 Pills Market 2019-2024 (Volume/Units)
3.2 By Application Market 2019-2024 (Volume/Units) - Global Industry Research
3.2.1 Pharmaceutical Market 2019-2024 (Volume/Units)
3.2.2 Food Beverage Market 2019-2024 (Volume/Units)
3.2.3 Nutraceutical/Dietary Supplement Market 2019-2024 (Volume/Units)
4.Global Competitive Landscape Market 2019-2024 (Volume/Units)
4.1 Most Active Companies in the Past Five Years Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Market Segmentation Market 2019-2024 ($M)
5.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Liquid Market 2019-2024 ($M)
5.1.2 Powder Market 2019-2024 ($M)
5.1.3 Pills Market 2019-2024 ($M)
5.2 By Application Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Pharmaceutical Market 2019-2024 ($M)
5.2.2 Food Beverage Market 2019-2024 ($M)
5.2.3 Nutraceutical/Dietary Supplement Market 2019-2024 ($M)
6.North America Competitive Landscape Market 2019-2024 ($M)
6.1 Most Active Companies in the Past Five Years Market 2019-2024 ($M) - Regional Industry Research
7.South America Market Segmentation Market 2019-2024 ($M)
7.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Liquid Market 2019-2024 ($M)
7.1.2 Powder Market 2019-2024 ($M)
7.1.3 Pills Market 2019-2024 ($M)
7.2 By Application Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Pharmaceutical Market 2019-2024 ($M)
7.2.2 Food Beverage Market 2019-2024 ($M)
7.2.3 Nutraceutical/Dietary Supplement Market 2019-2024 ($M)
8.South America Competitive Landscape Market 2019-2024 ($M)
8.1 Most Active Companies in the Past Five Years Market 2019-2024 ($M) - Regional Industry Research
9.Europe Market Segmentation Market 2019-2024 ($M)
9.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Liquid Market 2019-2024 ($M)
9.1.2 Powder Market 2019-2024 ($M)
9.1.3 Pills Market 2019-2024 ($M)
9.2 By Application Market 2019-2024 ($M) - Regional Industry Research
9.2.1 Pharmaceutical Market 2019-2024 ($M)
9.2.2 Food Beverage Market 2019-2024 ($M)
9.2.3 Nutraceutical/Dietary Supplement Market 2019-2024 ($M)
10.Europe Competitive Landscape Market 2019-2024 ($M)
10.1 Most Active Companies in the Past Five Years Market 2019-2024 ($M) - Regional Industry Research
11.APAC Market Segmentation Market 2019-2024 ($M)
11.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Liquid Market 2019-2024 ($M)
11.1.2 Powder Market 2019-2024 ($M)
11.1.3 Pills Market 2019-2024 ($M)
11.2 By Application Market 2019-2024 ($M) - Regional Industry Research
11.2.1 Pharmaceutical Market 2019-2024 ($M)
11.2.2 Food Beverage Market 2019-2024 ($M)
11.2.3 Nutraceutical/Dietary Supplement Market 2019-2024 ($M)
12.APAC Competitive Landscape Market 2019-2024 ($M)
12.1 Most Active Companies in the Past Five Years Market 2019-2024 ($M) - Regional Industry Research
13.MENA Market Segmentation Market 2019-2024 ($M)
13.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Liquid Market 2019-2024 ($M)
13.1.2 Powder Market 2019-2024 ($M)
13.1.3 Pills Market 2019-2024 ($M)
13.2 By Application Market 2019-2024 ($M) - Regional Industry Research
13.2.1 Pharmaceutical Market 2019-2024 ($M)
13.2.2 Food Beverage Market 2019-2024 ($M)
13.2.3 Nutraceutical/Dietary Supplement Market 2019-2024 ($M)
14.MENA Competitive Landscape Market 2019-2024 ($M)
14.1 Most Active Companies in the Past Five Years Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Global Blueberry Extract Market Revenue, 2019-2024 ($M)
2.Canada Global Blueberry Extract Market Revenue, 2019-2024 ($M)
3.Mexico Global Blueberry Extract Market Revenue, 2019-2024 ($M)
4.Brazil Global Blueberry Extract Market Revenue, 2019-2024 ($M)
5.Argentina Global Blueberry Extract Market Revenue, 2019-2024 ($M)
6.Peru Global Blueberry Extract Market Revenue, 2019-2024 ($M)
7.Colombia Global Blueberry Extract Market Revenue, 2019-2024 ($M)
8.Chile Global Blueberry Extract Market Revenue, 2019-2024 ($M)
9.Rest of South America Global Blueberry Extract Market Revenue, 2019-2024 ($M)
10.UK Global Blueberry Extract Market Revenue, 2019-2024 ($M)
11.Germany Global Blueberry Extract Market Revenue, 2019-2024 ($M)
12.France Global Blueberry Extract Market Revenue, 2019-2024 ($M)
13.Italy Global Blueberry Extract Market Revenue, 2019-2024 ($M)
14.Spain Global Blueberry Extract Market Revenue, 2019-2024 ($M)
15.Rest of Europe Global Blueberry Extract Market Revenue, 2019-2024 ($M)
16.China Global Blueberry Extract Market Revenue, 2019-2024 ($M)
17.India Global Blueberry Extract Market Revenue, 2019-2024 ($M)
18.Japan Global Blueberry Extract Market Revenue, 2019-2024 ($M)
19.South Korea Global Blueberry Extract Market Revenue, 2019-2024 ($M)
20.South Africa Global Blueberry Extract Market Revenue, 2019-2024 ($M)
21.North America Global Blueberry Extract By Application
22.South America Global Blueberry Extract By Application
23.Europe Global Blueberry Extract By Application
24.APAC Global Blueberry Extract By Application
25.MENA Global Blueberry Extract By Application
26.Berrico, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Nutragreen Biotechnology Co. Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Carruba Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Shaanxi Guanjie Bio-technology Co. Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Life Extension, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.JF Natural, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Bio-Botanica Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Mazza Innovation Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)