Report : North America 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
High demand from North America region is projected to escalate the blueberry extract market growth at CAGR of 10.2% during 2019–2027
According to our latest market study on “North America Blueberry Extract Market Forecast to 2027 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,” the North America blueberry extract market was valued at US$ 88.9 million in 2018 and is projected to reach US$ 211.8 million by 2027; it is expected to grow at a CAGR of 10.2% during the forecast period 2018-2027.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 turning their focus on blueberry extracts products due to the growing awareness regarding their nutritional benefits, leading to an increase in their demand in North America. 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.
Blueberry is regarded as the fruit native to North America. North America is considered one of the largest blueberries producing regions across the globe. According to FAOSTAT, in 2016, the United States produced a total of 690 million pounds of wild blueberries. Blueberry is grown across 38 states, including California, Mississippi, Georgia, Indiana, Michigan, New Jersey, North Carolina, Oregon, and Washington. In Canada, British Columbia is the leading region that produces high bush blueberries. In North America, blueberry extract finds its application across several end-use industries such as food and beverage, pharmaceuticals, and dietary supplements industries. The market for blueberry extract is strongly driven by the rise in focus toward health and wellness among consumers along with growing demand for organic blueberry extracts. Further, consumer inclination towards healthy and natural products in the region is also boosting its demand.
Bio-Botanica Inc., Carrubba Inc., FutureCeuticals, Inc., Life Extension, Mazza Innovation, Nutragreen Biotechnology Company, HerboNutra , Naturalin¸ Shaanxi Guanjie Technology Co., Ltd, and Berrico are among the well-established players present in the North America blueberry extract market.
North America Blueberry Extract Market Breakdown—by Region, 2018
The report includes the segmentation of the North America blueberry extract market as follows:
- Dried (Dehydrated)
- Food and Beverages
- Cosmetics and Skin Care
By Distribution Channel
- Direct Sale
- Indirect Sale
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