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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
Market players are increasing their collaboration, partnership, and research and development activities to gain a competitive edge
Ocean Spray
Ocean Spray, headquartered in the United States and founded in 1930, is a prominent juice supplier. Its product line includes fresh fruits, sauces, and snacks with fruit flavours, juices and drinks made from various fruits like cranberries, blueberries, and grapefruit, and dried fruits like dried cranberries.
Nexira
Nexira, headquartered in France and founded in 1985, offers emulsifiers and stabilisers, coating agents, texturisers, encapsulating agents, and a wide variety of branded natural acacia gum components.
Ethical Naturals, Inc.
Ethical Naturals, headquartered in the United States, was founded in 1895. It offers AlphaWave L-Theanine, GreenGrown Glucosamine, Cranberex Cranberry, PureLeaf Ginkgo biloba, ResveraTrue resveratrol, and other special ingredients.
Naturex
Naturex, headquartered in France and founded in 1992, provides a wide range of premium ingredients for food, medicine, nutraceuticals, and cosmetic uses that are ethically obtained from nature.
Other key players in the cranberry extract market include Artemis International, Diana Food, Decas Cranberry Products, Inc., and Northland Cranberries, Inc.
Cranberry Extract Market Report Snapshots
Cranberry Extract Market Trends
Cranberry Extract Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market value was approximately USD 729.14 million.
The market is projected to grow at a CAGR of 5.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 1203.08 million by 2032.
The major drivers include the increasing application of cranberry extract in the food and beverage sector and the pharmaceutical sector for the development of urinary tract infection supplements.
The key trends aiding the market include growing consumer demand for natural food colours and clean-label products as well as rising applications of cranberry extract in the cosmetics industry.
The different sources of cranberry extract include organic and conventional.
Major distribution channels of cranberry extract include direct and indirect.
The major players in the market include Ocean Spray, Nexira, Ethical Naturals, Inc., Naturex, Artemis International, Diana Food, Decas Cranberry Products, Inc., and Northland Cranberries, Inc.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124