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The global red berries market size is expected to grow at a CAGR of 3.0% during the forecast period of 2024-2032. The growth is likely to be aided by the rising demand for organic products owing to the growing health-conscious population.
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Red berries are some of the healthiest berries available in the market. They are rich in antioxidants that help boost the immune system. They are high in natural fibre content that is good for digestion. Some of the most known red berries include strawberries, raspberries, currants, and gooseberries.
Red berries are growing in utilisation in nutraceuticals, snacks, and in dairy products such as yoghurt, and flavoured milk, among others, owing to the multiple health benefits provided to them. The demand for healthy bars has surged and it is expected to further propel the market growth.
The increasing popularity of dried red berries as a natural source of nutrients, aided by the increasing consumer awareness of a healthy lifestyle, is expected to expand the market exponentially.
The cosmetic market is increasingly shifting toward manufacturing chemical-free products with increased utilisation of organic ingredients which include berries. This is a significant factor for market development.
Red berries have nutritional properties that can help in improving metabolism and can enhance skin elasticity and thickness. These ingredients are increasingly being included in cosmetic and health supplement products.
Various companies are focusing on the development of organic products as demand surges. This can significantly augment the market growth.
Red berries, such as strawberries and raspberries, among others are highly perishable. They are highly susceptible to physical damage, water loss, and spoilage from fungi, and it is expected to hinder the market growth.
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Based on nature, the market can be segmented into organic and conventional. Based on type, it can be bifurcated into red raspberry, cherry, strawberry, and grapes, among others. Based on forms, the market can be divided into powder, puree, and juice concentrate, among others. Based on application, the market bifurcations include bakery, dairy, confectionery, and beverage, among others. The regional markets for the market can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global red berries market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments and expansion plans.
Based on type, the market bifurcations include red raspberry, cherry, strawberry, and grapes, among others. Among these segments, grapes hold a significant share of the market attributed to them being widely consumed around the world. Grape is also highly consumed for wine production.
Strawberries are expected to grow rapidly during the forecast period due to increasing demand and wide consumption for manufacturing cosmetic products. This is expected to expand the market size significantly.
Based on application, the market segments include bakery, dairy, confectionery, and beverage, among others. Among these segments, the beverage segment is expected to hold the largest market share as the demand for natural food products is surging. With the increasing awareness of people about the health benefits, the market is expected to grow further.
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Berryhill Foods Inc. is a food production company and one of the largest suppliers of frozen blueberries and red raspberries in North America. It is headquartered in Abbotsford, BC, Canada and it was founded in 1994.
Keygene NV is a plant research company engaged in technological innovation for high crop yield and quality. The company was founded in 1989, and its headquarter is located in Gelderland, Netherlands. The company specialises in crop innovation, bioinformatics, data science, plant breeding, and genome sequencing, among many others.
Ocean Spray Cranberries Inc. is a farmer-owned agricultural cooperative company. It is the world’s leading producer of cranberry juices, juice drinks, and dried cranberries. They provide their products in over 100 countries worldwide. The company is headquartered in Massachusetts, United States and it was founded in 1930.
Other market players include Polarica Ab and Townsend Farms, Inc., among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
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Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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*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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The market is expected to develop at a CAGR of 3.0% in the forecast period of 2024-2032.
The market growth is driven by the growing demand for organic materials in the food and beverage industry and the increasing awareness of consumers for organic products.
The development of organic personal healthcare products and the utilisation of berries in cosmetics can provide significant market growth opportunities.
The regional markets for the global red berries market include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The components of the red berries market include organic and conventional.
The types of red berries include red red raspberry, cherry, strawberry, and grapes, among others.
The different forms available in the market include powder, puree, and juice concentrate, among others.
The different applications of berries available in the market include bakery, dairy, confectionery, and beverage, among others.
The key players in the market include Berryhill Foods Inc., Keygene NV, Ocean Spray, Cranberries, Inc., Polarica Ab, and Townsend Farms, Inc., among others.
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