Market Size of Blueberry Ingredient Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 7.45 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Blueberry Ingredients Market Analysis
The Global Blueberry Market is projected to register a CAGR of 7.45% during the forecasted period.
Health-conscious customers prefer food items containing blueberries because blueberries reduce the risk of diabetes, obesity, overall mortality, and heart disease. Blueberries also encourage safe hair and skin, increased strength, and lower body weight, this has created a demand for foods containing blueberry ingredients. Growing demand for blueberry in healthy bars and yogurt is expected to fuel market growth as customers desire these products for healthier food choices because they are low in fat and contain real bits of fruit and are a rich source of protein and calcium. The product launches of food products are shifting to real food ingredients rather than economic goods which are not good for health. Blueberry ingredients can be used in different types of food products and mixtures. The intake of protein-rich foods is on the rise among consumers in the global market. Around the same time, health-conscious consumers have reduced their consumption of products high in carbohydrates and sweeteners, and high-fat foods. As a result, the high intake of fiber and high-protein foods has increased, rising demand from the food industry for blueberry ingredients products.
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. An increase in the production of blueberries in recent years has minimized the demand-supply gap. Rising health awareness among the general population is driving the consumption of natural-origin products within the natural ingredient category. More players in bakery goods and confectionaries are using dried blueberries as an ingredient. Producers are expanding the production areas and berry processing facilities to cater to the market demand for dried blueberries. Demand for plant-based ingredients and products is on the rise in the food and beverage industries, making the blueberry ingredients market see substantial growth. This is attributable to the growing occurrence of health issues associated with food products and due to the rising vegan and flexitarian population which is expected to propel the market growth.
Blueberry Ingredients Industry Segmentation
Blueberries are a widely distributed and widespread group of perennial flowering plants with blue or purple berries, the ingredients manufactured from them are considered in the market studied. The global blueberry ingredient market is segmented into ingredient type, application, and geography. By ingredient type, the report is segmented into frozen blueberry, dried blueberry, blueberry juice concentrate, blueberry puree, and other ingredient types. By application, the market is segmented as Pharmaceutical, Food and Beverage, and Nutraceutical/Dietary Supplements. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle-East and Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).
Blueberry Ingredient Market Size Summary
The blueberry ingredients market is experiencing significant growth, driven by increasing consumer demand for health-conscious food options. Blueberries are recognized for their health benefits, including reducing the risk of obesity, diabetes, and heart disease, which has led to their incorporation in various food products. The rising popularity of protein-rich and low-fat foods, such as healthy snack bars and Greek yogurt, is further propelling the market. Consumers are increasingly seeking natural and nutrient-dense ingredients, with blueberries being a preferred choice due to their high fiber, vitamin C, and manganese content. The shift towards real food ingredients over processed alternatives is also contributing to the market's expansion, as more consumers prioritize health and wellness in their dietary choices.
In North America, the blueberry ingredient market is a major revenue contributor, supported by the region's robust production and processing capabilities. The high per capita consumption of blueberries, both fresh and processed, underscores the region's leading position in the global market. The demand for dried blueberries in bakery goods and confectioneries, along with their use in alcoholic beverages, is driving market growth. The competitive landscape is characterized by the presence of both local and international players, with major companies like Ingredion Incorporated and Givaudan leading the market. Strategic initiatives such as product launches, partnerships, and acquisitions are common as companies strive to enhance their market share and distribution networks.
Blueberry Ingredient Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Drivers
-
1.2 Market Restraints
-
1.3 Porter's Five Forces Analysis
-
1.3.1 Threat of New Entrants
-
1.3.2 Bargaining Power of Buyers/Consumers
-
1.3.3 Bargaining Power of Suppliers
-
1.3.4 Threat of Substitute Products
-
1.3.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION
-
2.1 Ingredient Type
-
2.1.1 Frozen Blueberry
-
2.1.2 Dried Blueberry
-
2.1.3 Blueberry Juice Concentrate
-
2.1.4 Blueberry Puree
-
2.1.5 Other Ingredient Types
-
-
2.2 Application
-
2.2.1 Pharmaceutical
-
2.2.2 Food and Beverage
-
2.2.3 Nutraceutical/Dietary Supplements
-
-
2.3 Geography
-
2.3.1 North America
-
2.3.1.1 United States
-
2.3.1.2 Canada
-
2.3.1.3 Mexico
-
2.3.1.4 Rest of North America
-
-
2.3.2 Europe
-
2.3.2.1 Germany
-
2.3.2.2 United Kingdom
-
2.3.2.3 Italy
-
2.3.2.4 France
-
2.3.2.5 Russia
-
2.3.2.6 Spain
-
2.3.2.7 Rest of North America
-
-
2.3.3 Asia-Pacific
-
2.3.3.1 India
-
2.3.3.2 Australia
-
2.3.3.3 China
-
2.3.3.4 Japan
-
2.3.3.5 Rest of Asia-Pacific
-
-
2.3.4 South America
-
2.3.4.1 Brazil
-
2.3.4.2 Argentina
-
2.3.4.3 Rest of South America
-
-
2.3.5 Middle-East and Africa
-
2.3.5.1 South Africa
-
2.3.5.2 United Arab Emirates
-
2.3.5.3 Rest of Middle-East and Africa
-
-
-
Blueberry Ingredient Market Size FAQs
What is the current Blueberry Ingredient Market size?
The Blueberry Ingredient Market is projected to register a CAGR of 7.45% during the forecast period (2024-2029)
Who are the key players in Blueberry Ingredient Market?
Ingredion Incorporated, AGRANA Beteiligungs AG, DOHLER GmbH., Sensient Technologies and Givaudan are the major companies operating in the Blueberry Ingredient Market.