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
- To understand the blueberry extract market landscape and identify market segments that are most likely to guarantee a strong return
- To stay ahead by comprehending the ever-changing competitive landscape for the blueberry extract market
- To efficiently plan M&A and partnership deals in the blueberry extract market by identifying market segments with most promising probable sales
- To take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments in the blueberry extract market
- To obtain market revenue forecast for market by various segments from 2018 to 2027
North America Blueberry Extract Market Segmentation
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
Company Profiles
- Bio-Botanica Inc.
- Carrubba Inc.
- FutureCeuticals, Inc.
- Life Extension
- Mazza Innovation
- Nutragreen Biotechnology Company
- HerboNutra
- Naturalin
- Shaanxi Guanjie Technology Co., Ltd
- Berrico
By Country
- US
- Canada
- Mexico
North America Blueberry Extract Market Strategic Insights
North America Blueberry Extract Market Report Highlights
| 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
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Regions and Countries Covered
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| North America | US, Canada, Mexico |
| Market leaders and key company profiles |
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North America Blueberry Extract Market Country and Regional Insights