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Global Blueberry Extract Market to reach USD 324.2 Million by the end of 2029.

Global Blueberry Extract Market Size study & Forecast, by Product (Liquid, Powder, Pills, Others) by Application (Pharmaceutical, Food and Beverages, Nutraceutical/Dietary Supplement), and Regional Analysis, 2022-2029

Product Code: OIRFB-34562703
Publish Date: 1-04-2023
Page: 200

Global Blueberry Extract Market is valued at approximately USD 294.5 million in 2021 and is anticipated to grow with a healthy growth rate of more than 1.38 % over the forecast period 2022-2029. The genus vaccinium includes the tiny fruit known as the blueberry. A natural healing supplement called blueberry extract is created from blueberry juice. It can be obtained from little wild blueberries or blueberries grown under cultivation. It includes healthy plant chemicals such as flavonoids quercetin and anthocyanins as well as being a great source of minerals and antioxidants. Blueberries contain the antioxidant lycopene. Diabetes, heart disease, high blood pressure, age-related macular degeneration, Alzheimer’s disease, and high cholesterol are all helped by it.

Blueberries are the top superfood for reducing the signs of depression, as reported by the Psychiatric Times. The strong impact it has on the brain is a contributing factor. Brain neurological reactions are brought on by blueberries. They have therefore been demonstrated to greatly enhance mood and cognition. People now have a greater interest in natural goods due to a shift in market trends, which will significantly contribute to the expansion of the current blueberry extract market. Over the course of the forecast period, increasing consumer understanding of multifunctional dietary supplements and foods is anticipated to boost the market. Sales are also anticipated to be boosted by growing public awareness of the health advantages of using blueberry extract as a food additive or dietary supplement. Over the forecast period, the well-recognized advantages of blueberry extract in enhancing eye vision are also anticipated to be a driving factor. On the basis of the final application, the blueberry extraction market can be further divided into pharma, foods and beverages, health supplements, cosmetics and skincare, and others. Jams, pies, syrups, drinks, and cobblers are further divided into the food and beverage category. Functional foods and nutritional supplements are further sub-segments of the nutraceuticals market. However, side effects of blueberry extract stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Blueberry Extract Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the space in terms of revenue, due to rising interest in health and well-being among consumers and a growing preference for organic blueberry extracts, the United States now controls most of the global market for blueberry extract. North America is the fastest growing region.

Major market player included in this report are:
Blueberries Medical Corp.
Bio-Botanica Inc
Nutra Green Biotechnology Co. Ltd.
INI Farms Pvt. Ltd.
Berrico FoodCompany
Future Ceuticals, Inc.
JF Natural
Carrubba Inc.
Life Extension
Shaanxi Guanjie Technology Co., Ltd.
Recent Developments in the Market:
 In June 2020, Together with Medcann, Blueberries Medical Corp. created and produced blueberry cannabis extracts.
 In February 2020, Folium Company joined forces with the Van Drunen Family of Companies. Folium’s sales in the food and beverage and supplement categories increased as a result of this relationship.
Global Blueberry Extract Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
By Application:
Food and Beverages
Nutraceutical/Dietary Supplement

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
1.2.1. Blueberry Extract Market, by Region, 2019-2029 (USD Million)
1.2.2. Blueberry Extract Market, by Product, 2019-2029 (USD Million)
1.2.3. Blueberry Extract Market, by Application, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Blueberry Extract Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Blueberry Extract Market Dynamics
3.1. Blueberry Extract Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Increasing health benefits with consumption of blueberry extract Surging demand for dietary supplements and functional food and beverages products
3.1.2. Market Challenges Side effects of blueberry extract
3.1.3. Market Opportunities Rising application base of blueberry extract in cosmetic industry
Chapter 4. Global Blueberry Extract Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Blueberry Extract Market, by Product
6.1. Market Snapshot
6.2. Global Blueberry Extract Market by Product, Performance – Potential Analysis
6.3. Global Blueberry Extract Market Estimates & Forecasts by Product 2019-2029 (USD Million)
6.4. Blueberry Extract Market, Sub Segment Analysis
6.4.1. Liquid
6.4.2. Powder
6.4.3. Pills
6.4.4. Others
Chapter 7. Global Blueberry Extract Market, by Application
7.1. Market Snapshot
7.2. Global Blueberry Extract Market by Application, Performance – Potential Analysis
7.3. Global Blueberry Extract Market Estimates & Forecasts by Application 2019-2029 (USD Million)
7.4. Blueberry Extract Market, Sub Segment Analysis
7.4.1. Pharmaceutical
7.4.2. Food and Beverages
7.4.3. Nutraceutical/Dietary Supplement
Chapter 8. Global Blueberry Extract Market, Regional Analysis
8.1. Blueberry Extract Market, Regional Market Snapshot
8.2. North America Blueberry Extract Market
8.2.1. U.S. Blueberry Extract Market Product breakdown estimates & forecasts, 2019-2029 Application breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Blueberry Extract Market
8.3. Europe Blueberry Extract Market Snapshot
8.3.1. U.K. Blueberry Extract Market
8.3.2. Germany Blueberry Extract Market
8.3.3. France Blueberry Extract Market
8.3.4. Spain Blueberry Extract Market
8.3.5. Italy Blueberry Extract Market
8.3.6. Rest of Europe Blueberry Extract Market
8.4. Asia-Pacific Blueberry Extract Market Snapshot
8.4.1. China Blueberry Extract Market
8.4.2. India Blueberry Extract Market
8.4.3. Japan Blueberry Extract Market
8.4.4. Australia Blueberry Extract Market
8.4.5. South Korea Blueberry Extract Market
8.4.6. Rest of Asia Pacific Blueberry Extract Market
8.5. Latin America Blueberry Extract Market Snapshot
8.5.1. Brazil Blueberry Extract Market
8.5.2. Mexico Blueberry Extract Market
8.6. Rest of The World Blueberry Extract Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Blueberries Medical Corp. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Bio-Botanica Inc.
9.2.3. Nutra Green Biotechnology Co. Ltd.
9.2.4. INI Farms Pvt. Ltd.
9.2.5. Berrico FoodCompany
9.2.6. Future Ceuticals, Inc.
9.2.7. JF Natural
9.2.8. Carrubba Inc.
9.2.9. Life Extension
9.2.10. Shaanxi Guanjie Technology Co., Ltd.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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