Blueberry Extract Market by Source (Conventional, Organic), Form (Liquid, Powder), Application, Distribution Channel - Global Forecast 2024-2030

Blueberry Extract Market by Source (Conventional, Organic), Form (Liquid, Powder), Application, Distribution Channel - Global Forecast 2024-2030

The Blueberry Extract Market size was estimated at USD 486.56 million in 2023 and expected to reach USD 532.73 million in 2024, at a CAGR 9.84% to reach USD 938.89 million by 2030.

Blueberry extract is derived from the fruit of the blueberry plant and is offered in various forms, such as liquid and powder. It focuses on concentrated forms of compounds, such as anthocyanins, which have significant health benefits. Blueberry extract applications in several industries, such as controlling high blood pressure and diabetes in healthcare, modifying the texture of food items and adding flavors for food and beverages, and research on extracts for potential disease treatment in pharmaceuticals. Rising consumer knowledge about blueberry antioxidants' health and wellness benefits through social media and health forums has stimulated the demand for blueberry extracts. However, fluctuations in blueberry crop yields due to weather shifts can disrupt the supply chain, affecting exact availability and cost. Furthermore, the diverse utilization of blueberry extracts in consumer products can widen their application and scope of research into the specific health benefits. Developing more efficient and sustainable extraction methods can reduce costs and improve the appeal of blueberry extracts.

Regional Insights

The Americas holds potential for growth of the blueberry extract market with increasing shifts towards natural dietary supplements and functional foods. Raising understanding of health and wellness in the Americas, particularly concerning antioxidants' role in anti-aging and chronic diseases, generates the need for blueberry extract. The investment in research has notably centered around improving extraction techniques and expanding applications. Stringent product claims and sustainability regulations characterize the European region. The diverse regions of the Middle East and Africa vary widely in the consumption behavior of blueberry extracts. Significant investments have been noted in expanding the scope of usage beyond food and dietary supplements in the African region. Advancements related to stabilizing the shelf life and potency of the antioxidants in blueberry extracts can cater to the market growth in the Middle East. In APAC, major countries such as China, Japan, and India showed an increased demand due to changes in aging demographics with increased interest in dietary supplements. The region has a culture of using traditional medicinal methods for disease treatment, which can spread the market in the future. Manufacturers of APAC are strategically enhancing their portfolios with innovative products, such as high-potency extracts targeted at cognitive health.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Blueberry Extract Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Increasing consumer awareness and demand for health supplements and foods enriched with natural ingredients
• Rising preference for herbal and traditional medicine and applications of blueberry extract in pharmaceuticals
• Government support for advancing and promoting blueberry production across the world

Market Restraints

• Complexities in extraction and formulation of blueberry extract

Market Opportunities

• Ongoing innovations and R&D initiatives to improve the functional attributes and applications of blueberry extract
• Efforts to improve the sustainability and eco-consciousness of blueberry extract production

Market Challenges

• Performance limitations of blueberry extract and potential side effects

Market Segmentation Analysis

• Source: Growing use of organic blueberry extracts in consumer products
• Application: Emerging role of blueberry extract in the pharmaceutical sector

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Blueberry Extract Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Blueberry Extract Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Launch of ‘Blues Away’: A Dietary Supplement for Postpartum Mood Support

Exeltis USA, Inc., part of Insud Pharma, has introduced Blues Away, a liquid dietary supplement designed to support mood stabilization for new mothers following childbirth. This new supplement contains scientifically supported ingredients such as wild blueberry extract. It addresses the hormonal changes that can lead to postpartum blues, affecting up to 80% of new mothers in the US. Blues Away combines mood-enhancing components that help replenish brain chemicals critical for regulating mood, offering a natural approach to managing postpartum emotional shifts.

Advancement in Skin Health: Circe Scientific's Novel Blueberry Extract Cocrystal

Innovative developments at Circe Scientific have led to the creation of a novel cocrystal that combines an anti-aging blueberry extract with a natural body molecule, utilizing the principles of crystal engineering. This advancement refines the molecular structure to enhance absorption, leveraging the specialized field of chemistry that manipulates crystalline forms of molecules for improved functionality in skin health applications. This advancement provides more efficient delivery and effectiveness in skincare solutions.

Launch of Pangea Natural Foods' Long-Life Cold-Pressed Blueberry Juice

Pangea Natural Foods Inc. introduced its new product, a 100% locally sourced and cold-pressed blueberry juice noted for its exceptional 8-month shelf life. Utilizing high-pressure processing (HPP) in collaboration with industry experts, this technology ensures the elimination of pathogens without heat or chemicals, preserving the juice's natural nutrients and flavors. This process promotes a product that offers both safety and nutritional value, aligning with modern health-conscious consumer demands.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Blueberry Extract Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Blueberry Extract Market, highlighting leading vendors and their innovative profiles. These include ALPSURE LIFESCIENCES PVT. LTD., Amway Corporation., Artemis International, Aseschem, Bio-Botanica Inc., Carrubba, Inc, Creative Enzymes, Droste-Laux Naturkosmetik GmbH & Co. KG, FutureCeuticals, Inc., Herbanic India, Herbo Tattva, Hunan huacheng Biotech,Inc.Adallen Nutrition,Inc., Mazza Innovation Ltd. by Sensient Technologies Corporation, Natura Biotechnol Pvt. Ltd., Naturalin Bio-Resources Co., Ltd, NaturMed Scientific GmbH, Nexira, Purenso, Xian Shunyi Bio-Chemical Technology Co.,Ltd, and Young Chemist.

Market Segmentation & Coverage

This research report categorizes the Blueberry Extract Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Source
• Conventional
• Organic
• Form
• Liquid
• Powder
• Application
• Cosmetics & Skincare
• Food & Beverages
• Pharmaceuticals
• Distribution Channel
• Offline
• Pharmacy & Health Stores
• Supermarkets & Hypermarkets
• Online

Region

• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year