The ‘Global Red Berries Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global red berries market, assessing the market on the basis of its segments like nature, type, form, application, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
Red Berries Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
• Forecast CAGR (2023-2028): 3.0%
The market drivers in the global red berries market include the increasing demands for red berries as a flavouring agent in the beverage industry. Over the past years, the production of red berry flavoured beverages by leading beverage manufacturers has increased due to rising popularity of the flavour among consumers. The anticipated growth in demand for red berry flavoured juices by consumers is expected to boost the market for red berries. The usage of strawberries by leading food franchise across the globe and grapes in the winemaking industry are further expected to aid the market growth for red berries.
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Rising health concerns have encouraged individuals to switch to organic food sources; such increasing concerns are expected to drive the growth of the red berries market as red berries are a rich source of fibres, and antioxidants, among others. On the other hand, the rising consumer preference for red berry flavouring is anticipated to increase their demand in the processed food industry as well.
The perishable nature of raspberries and strawberries makes them susceptible to physical deterioration, fungi attack, and water loss among others. Accordingly, there is a greater emphasis on proper storage and handing so as to extend the shelf-life of red berries.
Red Berries Industry Definition and Major Segments
Red berries are a type of berries which includes strawberries, cherries, strawberries, and grapes. These berries are considered to be among the healthiest berries available across the globe and are rich in antioxidants which aids in boosting the immune system, whereas the high fibre content aids in the process of digestion.
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On the basis of nature, the market is bifurcated into:
• Organic
• Conventional
Based on type, the market is segmented into:
• Red Raspberry
• Cherry
• Strawberry
• Grapes
• Others
On the basis of form, the market is divided into:
• Powder
• Puree
• Juice Concentrate
• Others
Based on application, the market is classified into:
• Bakery
• Dairy
• Confectionary
• Beverage
• Others
On the basis of region, the market is categorised into:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Red Berries Market Trends
The key trends in the global red berries market include the increasing demands for red berries by the cosmetics sector. Red berries provide protection to the skin against environmental stress with the aid of their high antioxidant content as well as help in slowing down the ageing process by fighting free radicals that cause wrinkles, uneven skin tone, and dullness. The high vitamin content helps in speeding up cell turnover process, which in turn aids to clarify the skin. Red berries promote collagen production which is the protein responsible for maintaining the elasticity of the skin.
Increasing utilisation of red berries in snacks, nutraceuticals, and dairy products including but not limited to flavoured milk and yogurt, owing to their multiple health benefits is another key trend in the red berries market. Surge in demand for health bars due to their low calory content and high nutritional value is further expected to fuel the growth of the market for red berries. Furthermore, increased consumption of dried red berries, due to rising consumer awareness and health concerns is further propelling the market growth. Rising adoption of natural supplements has further contributed towards increased consumption of red berries as they aid in improving the metabolism of the body.
Key Market Players
The major players in the global red berries market report are
• Berryhill Foods Inc.
• Keygene NV
• Ocean Spray Cranberries, Inc.
• Polarica Ab
• Townsend Farms, Inc.
• Others
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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