Blueberry Extract Market Size, Share, Opportunities, And Trends By Product Type (Liquid, Powder, Pills), By Application (Pharmaceutical, Food & Beverage, Nutraceutical/Dietary Supplement), And By Geography - Forecasts From 2023 To 2028

The blueberry extract market is projected to show steady growth during the forecast period.

A blueberry extract is a nutritional supplement made from concentrated blueberry juice. Blueberries extract is an abundant source of vitamins, minerals, and antioxidants. It also contains anthocyanins, a family of molecules considered to lower inflammation and guard against cancer and heart disease.

Blueberry extract has seen a surge in demand from the nutraceutical business because of its high nutritional content and health benefits. Due to its high antioxidant content, blueberry extract is preferred by companies that produce supplements and other goods. One of the primary reasons driving the expansion of blueberry attract market share is the rising trend for healthy snacking and the growing consumer focus on overall well-being. The growing prevalence of chronic diseases such as cardiovascular disorders, diabetes, cancer, hypertension and other autoimmune diseases is also propelling market demand during the projection period.

However, the lack of knowledge regarding the health benefits of blueberry extract coupled with the growing incidence of allergies is obstructing the growth of the global market for blueberry during the analysis period.

During the anticipation period, various health benefits of blueberry extracts along with rising incidences of chronic diseases such as cancer will support the growth of the global blueberry extract market.

Natural health supplements such as blueberry extract are openly used for medical purposes. The high fibre content in the blueberry extract can aid in regular digestion and have anti-ageing properties. They also include compounds that could lessen swelling and kill cancer cells, along with vitamin C and other antioxidants. They could facilitate heart health prevention, blood pressure reduction, memory enhancement and workout recovery. Blueberry extract has low caloric content which can also help the consumer in weight loss management. As a result, the blueberry extract has witnessed a surge in application in various food products, functional beverages, beauty drinks and healthcare supplements which is driving the growth of the market.

Blueberries are rich in vitamins, minerals and antioxidants with low bad cholesterol and anthocyanins they are extremely beneficial for health. Therefore rising incidences of chronic diseases such as cancer, cardiovascular disorders, diabetes and hypertension are also propelling market demand. According to IDF, in 2021, 537 million individuals had diabetes. According to projections, this number will increase to 643 million by 2030 and 783 million by 2045. Type 2 diabetes is more likely to affect 541 million individuals. In 2021, diabetes claimed 6.7 million lives. According to WHO data, one in six fatalities, or around 10 million deaths, was caused due to cancer in 2020, making it the top cause of death globally. A total of 17.9 million people died due to cardiovascular disorders in 2019 representing 32 per cent of the global death count. Globally, 1.28 billion persons between the ages of 30 and 79 are projected to have hypertension, with the majority residing in low- and middle-income nations.

Today's consumers favour nutrient-dense foods to improve their overall health and wellness. As a result, producers of food and beverages are increasingly adding beneficial components to their ready-to-eat snacks, such as powdered blueberries. Nonetheless, there is a growing desire for snacks prepared from actual fruits and vegetables. As a result, goods like fruit-based snacks with blueberries are becoming more and more popular with customers all over the world.

North America is anticipated to hold a significant blueberry extract market share during the forecast period.

North America is anticipated to hold a significant market share in the global blueberry extract. This region will witness high growth during the forecast period owing to the high prevalence of chronic diseases such as diabetes, hypertension and heart diseases. Due to rising interest in health and well-being among consumers and rising demand for organic blueberry extracts, consumers in this region are demanding more and more blueberry-based snacks and beverages. In addition, consumers are increasingly adopting organic goods, and the food and beverage industry is seeing an increase in blueberry demand, all of which are contributing to the regional market's expansion. The high prevalence of key market players such as FutureCeuticals, Berrico and Nutra Green Biotechnology Co.,Ltd is also contributing towards the growth of the market in this region. Due to consumers' increasing knowledge of the benefits of healthy and natural goods, the Asia-Pacific market is seeing strong development as a result of the rising demand for blueberry extract.

Market Key Developments

• In June 2022, Symrise launched a range of Diana Food blueberry ingredients and active compounds. They provide advantages such as different organoleptic qualities, application-specific requirements like those for infant food, and certifications like organic. Breakfast cereal, bars, toppings for desserts, ready-to-drink drinks, snacks for infants and toddlers, sports nutrition products, and nutritional supplements are a few examples of potential uses.

Segmentation:

• By Product Type
  • Liquid
  • Powder
  • Pills
• By Application
  • Pharmaceutical
  • Food & Beverage
  • Nutraceutical/Dietary Supplement
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • The Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Others