Market Introduction
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.
Market Overview and Dynamics
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. Factors driving the market growth include surging demand for dietary supplements and- functional food and beverage products and increasing demand from North America region. However, the side effects of blueberry extracts are likely to have a negative impact on market growth.
Key Market Segments
In terms of form, the liquid form segment is expected to hold the largest market share of the blueberry extract market by 2027. In terms of application, in 2018, the food and beverage segment held the most significant market share of the blueberry extract market in North America.
Major Sources and Companies Listed
Some of the major primary and secondary sources for North America Blueberry Extract market included in the report are Bio-Botanica Inc., Carrubba Inc., FutureCeuticals, Inc., Life Extension, Mazza Innovation, Nutragreen Biotechnology Company, HerboNutra , Naturalin¸ Shaanxi Guanjie Technology Co., Ltd, Berrico, and others.
Reasons to buy the report
North America Blueberry Extract Market Segmentation
By Form
By Application
By Distribution Channel
Company Profiles
By Country
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 88.9 Million |
| Market Size by 2027 | US$ 211.8 Million |
| CAGR (2018 - 2027) | 10.2% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Form
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Blueberry Extract Market is valued at US$ 88.9 Million in 2018, it is projected to reach US$ 211.8 Million by 2027.
As per our report North America Blueberry Extract Market, the market size is valued at US$ 88.9 Million in 2018, projecting it to reach US$ 211.8 Million by 2027. This translates to a CAGR of approximately 10.2% during the forecast period.
The North America Blueberry Extract Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Blueberry Extract Market report:
The North America Blueberry Extract Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Blueberry Extract Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Blueberry Extract Market value chain can benefit from the information contained in a comprehensive market report.
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