Report : Europe Blueberry Extract Market Forecast to 2027 - Covid-19 Impact and Regional Analysis by Form (Liquid, Powder, Dried (Dehydrated), and Puree); Applications (Food and Beverages, Cosmetics and Skin Care, Nutraceuticals, Others); Distribution Channel (Direct Sale, Indirect Sale); and Country
Surging demand for dietary supplements and functional food and beverage products is projected to escalate the blueberry extract market growth at CAGR of 10.4% during 2019–2027
According to our latest market study on “Europe Blueberry Extract Market Forecast to 2027by Form (Liquid, Powder, Dried (Dehydrated), and Puree; Applications (Food and Beverages, Cosmetics and Skin Care, Nutraceuticals, Others); Distribution Channel (Direct Sale, Indirect Sale); and Country,” 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. The report highlights key factors driving the market growth and prominent players, along with their developments in the market.
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 general population is driving the consumption of natural origin products with natural ingredients. To cater to the market demand for blueberry extracts, producers are diversifying the application base of these extracts.
The market for dietary supplements and functional food and beverage products is strongly driven by the shift towards 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 swiftly becoming an essential factor in the healthcare and nutraceutical industry. Consumers are increasingly 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, 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.
Bio-Botanica Inc., Carrubba Inc., FutureCeuticals, Inc., Life Extension, Mazza Innovation, Nutragreen Biotechnology Company, HerboNutra , Naturalin¸ Shaanxi Guanjie Technology Co., Ltd, and Berrico are some of the well-established players present in the Europe blueberry extract market.
Europe Blueberry Extract Market Breakdown—by Region, 2018
The report includes the segmentation of the Europe blueberry extract market as follows:
By Form
- Liquid
- Powder
- Dried (Dehydrated)
- Puree
By Application
- Food and Beverages
- Cosmetics and Skin Care
- Nutraceuticals
- Others
By Distribution Channel
- Direct Sale
- Indirect Sale
By Country
- Germany
- UK
- France
- Italy
- Rest of Europe
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