According to this latest report, ‘Global Berries Market Report and Forecast 2021-2026’, the global berries market attained a value of about USD 826.36 billion in 2020. The market is further expected to grow in the forecast period of 2021-2026 at a CAGR of 6.8% to reach approximately USD 1205.33 billion by 2026.
Berries is defined as a simple fleshy fruit which is derived from a single ovary of an individual flower, and usually has many seeds. Berries are loaded with antioxidants, are high in fibre, and contain many vitamins and minerals such as vitamin C, Manganese, vitamin K1, copper, and folate. Berries are consumed as fruits or in the form of jams, pies, and cakes and can be used as an ingredient in a number of cuisines. It can prevent various chronic illnesses and is extremely beneficial for health. In addition to this, the application of berries includes food and beverage, personal care and cosmetics, and pharmaceutical, among others.
The berries market is being driven by the growing awareness about the various health benefits offered by the product. Berries help improve blood sugar and insulin response, helps fight inflammation, helps lower cholesterol levels, helps protect against cancer, and keep the arteries healthy, among others. The growing application of berries in the personal care and cosmetics industry, since berries are good for the skin and reduces skin wrinkling, is likely to be a major driving factor of the market. The market will further be driven by the rising disposable incomes and increasing population. In terms of region, North America accounts for a significant share in the market and is anticipated to witness a considerable growth in the forecast period. This can be attributed to the changing consumer preference towards healthy lifestyle which includes significant increase in the consumption of nutritional fruits. The market in the region will further be aided by the increasing production of berries in the United States of America and Canada.
The market report analyses the market based on segmentations such as nature, berries type, applications, distribution channels and regions.
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the key players in the industry.
Berries is defined as a simple fleshy fruit which is derived from a single ovary of an individual flower, and usually has many seeds. Berries are loaded with antioxidants, are high in fibre, and contain many vitamins and minerals such as vitamin C, Manganese, vitamin K1, copper, and folate. Berries are consumed as fruits or in the form of jams, pies, and cakes and can be used as an ingredient in a number of cuisines. It can prevent various chronic illnesses and is extremely beneficial for health. In addition to this, the application of berries includes food and beverage, personal care and cosmetics, and pharmaceutical, among others.
The berries market is being driven by the growing awareness about the various health benefits offered by the product. Berries help improve blood sugar and insulin response, helps fight inflammation, helps lower cholesterol levels, helps protect against cancer, and keep the arteries healthy, among others. The growing application of berries in the personal care and cosmetics industry, since berries are good for the skin and reduces skin wrinkling, is likely to be a major driving factor of the market. The market will further be driven by the rising disposable incomes and increasing population. In terms of region, North America accounts for a significant share in the market and is anticipated to witness a considerable growth in the forecast period. This can be attributed to the changing consumer preference towards healthy lifestyle which includes significant increase in the consumption of nutritional fruits. The market in the region will further be aided by the increasing production of berries in the United States of America and Canada.
Market Segmentation
The market report analyses the market based on segmentations such as nature, berries type, applications, distribution channels and regions.
Market Breakup by Nature
- Organic
- Conventional
Market Breakup by Type
- Strawberry
- Cranberry
- Blueberry
- Grapes
- Others
Market Breakup by Application:
- Food and Beverages
- Personal Care and Cosmetics
- Pharmaceuticals and Dietary Supplement
- Others
Market Breakup by Distribution Channel:
- Direct
- Indirect
Market Breakup by Regions:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the key players in the industry.
Some of the major players in the market explored in the report are:
- Costa Group
- Berry World Ltd.
- Driscoll's Inc.
- Wish Farms Inc
- Others
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Industry Opportunities and Challenges13 Industry Events and Developments
3 Report Description
5 Executive Summary
6 Snapshot
8 Global Berries Market Analysis
9 Regional Analysis
10 Market Dynamics
11 Trade Data Analysis
12 Competitive Landscape
List of Figures and Tables
Companies Mentioned
- Costa Group
- Berry World Ltd.
- Driscoll's Inc.
- Wish Farms Inc
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 136 |
| Published | September 2021 |
| Forecast Period | 2016 - 2026 |
| Estimated Market Value ( USD | $ 682.6 Billion |
| Forecasted Market Value ( USD | $ 1205.3 Billion |
| Compound Annual Growth Rate | 5.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 4 |
