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Blueberry Ingredient Market 2019 by Vendors, Market Expansion by Size & Share, Market Competitive Situation, and Forecast by 2024

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Blueberry Ingredient Market 2019 by Vendors, Market Expansion by Size & Share, Market Competitive Situation, and Forecast by 2024

Blueberry Ingredient

This “Blueberry Ingredient Market” report provides a detailed study on market and how it is impacting the industry. The report includes details of emerging trends, growth history, sales channel, manufacturers profiled in business, market share of product, application and regional scope of industry. In addition, the report also mentions opportunities that manufacturers operating in the global Blueberry Ingredient market can use for expanding their business in untapped market to increase their customer base.

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Market Overview:

  • The global blueberry market is forecasted to reach USD 4.5 billion by 2024 growing at a CAGR of 6.7% during the forecast period (2019 – 2024).
  • – About half of the blueberries produced are utilized for processed ingredients, such as purees, concentrates, juices, and dried blueberries, which will continue to support the market growth in the upcoming years. Increase in the production of blueberries in recent years has minimized the demand-supply gap.
  • – However, the supply of blueberries is still limited, which affects the market growth, especially in the Asia-Pacific and African region. The growing demand for dried blueberry in the breakfast cereal and frozen dessert industries has triggered the growth of the market studied. The growing demand for fresh blueberries is globally affecting the supply of processed blueberries. In recent years, the demand for fresh blueberries has increased globally, especially in the European Union.

    Blueberry Ingredient Market Covers Manufacturers:

  • Ingredion Incorporated
  • AGRANA Beteiligungs AG
  • DOHLER GmbH.
  • Sensient Technologies
  • Tianjin Jianfeng Natural Product R&d Co. Ltd
  • Naturex
  • Futureceuticals
  • Scenic Fruit Company

    Scope of the Report:

  • The scope of the blueberry ingredient market includes frozen blueberry, dried blueberry, blueberry juice concentrate, blueberry puree and others. Dried blueberries are sweet, chewy, and delicious, and are mainly available in Native America and First Nations in Canada. By application, the market is segmented as Pharmaceutical, Food and Beverage and Nutraceutical/Dietary Supplement.

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    Key Market Trends:

    Increased Trend of Healthy Snacking

    Blueberries are among the most nutrient-dense berries as they are high in fiber, vitamin C, vitamin K, and manganese. Health conscious consumers are preferring blueberry contained food products, as blueberries decrease the risk of obesity, diabetes, heart disease, and overall mortality. Blueberries also promote hair and skin health, increased energy, and overall lower weight, which have triggered the demand for food products containing blueberry ingredients. For instance, according to Agriculture and Agri-food Canada, between 2007 and 2016, 1,007 food products containing blueberry ingredients were launched in Canada. Increasing application of blueberry in healthy snack bars and Greek yoghurt is expected to boost the market growth as the consumers are more preferring these products for healthy snack option, as they are low in fat and contains real fruit bits and is a rich source of calcium and protein.

    North America Held the Maximum Share in the Market

    The U.S blueberry ingredient market is the major revenue contributor in the North American region. The country continues to grow significantly in terms of production acres and farming and processing efficiencies. Rising public awareness regarding the health benefits attributed to the berry is driving the market’s growth. Mexico is one of those exporters of blueberries to Japan, China, Singapore, the Netherlands, Canada, Belgium, Italy, the United Arab Emirates, and Saudi Arabia, however, the United States is the major exporter. The rising demand for healthy eating habits and the inclusion of fruits as a part of daily nutrition is driving the European market.

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    Target Audience of Blueberry Ingredient Market:

    • Manufacturer / Potential Investors
    • Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
    • Association and government bodies.

    Key Reasons to Blueberry Ingredient Market Report:

    • Analyzing various perspectives of the Blueberry Ingredient market with the help of Porter’s five forces analysis
    • The End User that is expected to dominate the Blueberry Ingredient market is analyzed in detail
    • The regions which are expected to witness fastest growth during the forecast period are analyzed and estimated for growth of Blueberry Ingredient market.
    • Identify the latest developments, market shares and strategies employed by the major market players.
    • Regional analysis of Blueberry Ingredient market studied, during the forecast period
    • The segments that are expected to dominate the Blueberry Ingredient market studied.

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