Monday, 4 November 2024

Blueberries Market Outlook 2024-2033: Trends and Projections

 

The blueberries global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Blueberries Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size -
The blueberries market size has grown strongly in recent years. It will grow from $8.73 billion in 2023 to $9.25 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to growing consumer awareness of health benefits, the expansion of blueberry cultivation areas, increased demand from the food processing industry, the rise of blueberry-containing products, and the and the growing popularity of blueberry-based desserts.

The blueberries market size is expected to see strong growth in the next few years. It will grow to $5.93 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to shift towards sustainable farming practices, changing dietary preferences towards plant-based foods, regulatory changes impacting production and distribution, integration of blueberries into functional foods and beverages, climate change affecting cultivation patterns. Major trends in the forecast period include increased focus on value-added blueberry products, emergence of premium blueberry varieties, adoption of blockchain technology for supply chain transparency, customization of blueberry products for specific consumer demographics, collaboration between growers and chefs for culinary innovation.

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Scope Of Blueberries Market
The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Blueberries Market Overview

Market Drivers -
The increasing consumption of healthy beverages is expected to propel the growth of the blueberries market going forward. Healthy beverages provide beneficial nutrients and contribute to overall health and well-being. Blueberries are often used as ingredients in healthy beverages such as smoothies, juices, and teas due to their nutritional value and antioxidant properties. For instance, in 2021, according to the Government of Canada, a Canada-based government agency, the metric tons production of Lowbush blueberries in 2021 was 73,773, which increased to 110,132 in 2022. Therefore, the increasing consumption of healthy beverages drives the blueberries market.

Market Trends -
Major companies operating in the blueberry market are innovating value-added and high-quality cultivars with enhanced flavor profiles such as premium blueberry varieties, to develop highly productive blueberries to capture value and differentiate themselves in a competitive market landscape. Premium blueberry varieties are distinguished by their superior quality, taste, and characteristics, often commanding higher prices in the market due to their exceptional attributes. For instance, in February 2024, Inka's Berries, a Peru-based fresh blueberry development and production company, launched the Abril Blue+ and Alessia Blue+ varieties. This launch boasts robustness, resilience, exceptional flavor, a long post-harvest shelf life, large caliber, and sweetness. Their introduction showcases Inka's Berries' commitment to innovation, addressing market demands, and tackling climate change challenges, thus potentially reshaping the blueberry market with enhanced productivity, quality, and climate resilience.

The blueberries market covered in this report is segmented –

1) By Type: Frozen Blueberry, Dried Blueberry, Blueberry Juice Concentrate, Blueberry Puree, Other Types
2) By Distribution Channel: Super Markets, Convenience Stores, Online Channels, Other Distribution Channels
3) By End-User: Business To Business (B2B), Sauces And Dressings, Bakery And Confectionery, Snacks And Savory Products, Ice Creams, Beverages, Other End-Users

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Regional Insights -
North America was the largest region in the blueberries market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blueberries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies -
Major companies operating in the blueberries market are Nestle S.A, United Natural Foods Inc., The Kraft Heinz Company, General Mills Inc., WK Kellogg Co, Conagra Brands Inc., The Hershey Company, Campbell Soup Company, Dole plc, Ingredion Incorporated, J.R. Simplot Co., Fresh Del Monte Produce Inc., AGRANA Beteiligungs AG, Döhler GmbH, The Hain Celestial Group Inc., Seneca Foods Corporation, Ardo NV, Sensient Technologies, Hortifrut, SunOpta Inc., Earthbound Farm, Naturex, Driscoll's Inc., Scenic Fruit Company, Bio-Botanica Inc., Harbin Gaotai Food Co. Ltd., Sun World International LLC, FutureCeuticals

Table of Contents
1. Executive Summary
2. Blueberries Market Report Structure
3. Blueberries Market Trends And Strategies
4. Blueberries Market – Macro Economic Scenario
5. Blueberries Market Size And Growth
…..
27. Blueberries Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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