Elevating Health: Harnessing the Rising Demand for Red Berries in Beverage and Dairy Industries

Posted on 2024-05-27 by Future Market Insights in Food & Beverage // 0 Comments

CITY, Country, 2024-May-27 — /EPR Network/ —

Red berries are gaining popularity as a natural ingredient, with global demand growing by 1.9% volume in 2016. The all-pervasive, ‘health and wellness’ trend will continue to influence demand positively, as global revenues are expected to surpass US$ 18.5 Mn in 2016, up from US$ 18.1 Mn in 2015.

Beverages will remain the largest application segment for red berries, accounting for 5.3 Mn tonnes of demand in 2016. This is an increase of over 3.5% over 2015. Dairy products, the second largest application segment will grow by 2.8%.

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Western Europe, the largest market for red berries, will increase its revenue share of the market to 25.5%. North America the second largest market will register impressive growth in 2016.

Ocean Spray Cranberry Inc., Döhler Group, SunOpta, Inc., Hortex Group, Milne Fruit Products, Fruit d’Or, Townsend Farms, Inc., Kerr Concentrates Inc., Maberry & Maberry Berry Associates, Pacific Coast Fruit Products Ltd., NorthWest Berry Co-op and Berryhill Foods Inc. are some of the key players in this market. Leading companies are focusing on expanding their production capacity and launching new product offerings to meet the growing demand for red berries. Developing economies, where there is rapid growth in demand for natural ingredients, are expected to remain a key target market for red berry manufacturers.

Preview Analysis on Red Berries Market Segmentation By Berries Type – Cranberry, Strawberry, Red Raspberry, Cherry, Grapes and Redcurrants; By Application – Dairy, Beverages, Snack Food, Nutraceuticals; By Product Type – Frozen, Puree; By Nature – Organic and Conventional; By End Use – Bulk and Retail

Long-term outlook: FMI maintains a positive long-term outlook on the global red berries market, estimating global revenues projected to reach US$ 24.9 Mn by 2026.

Market Outlook by Category

By berry type, grapes will continue to witness highest demand from end-use industries, growing by 3.2% in 2016. This will represent a market value of over US$ 8.9 Mn.

By product type, juice concentrates will maintain their dominance in 2016 as well, representing over 34.3% revenue share of the market. Juice concentrates volume will grow by 3.6% in 2016, and total US$ 6.4 million in revenues.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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