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Global Yumberry Market to Witness a Healthy Growth During 2021-2026, Driven by the Increasing Demand for Organic Food

According to a new report by EMR titled, ‘Global Yumberry Market Report and Forecast 2021-2026’, the global market for yumberry is being aided by the rising production of yumberry in China, which attained a production volume of 898 thousand tons in 2020 and is expected to grow at a CAGR of 5% in the forecast period of 2021-2026.

Yumberries, commonly known as Chinese bayberry, are primarily grown in China. In 2016, China's bayberry planted area reached 237,000 hectares, and the output was about 830,000 tons. Among them, Zhejiang is the main producing area of Chinese bayberry. The region accounts for over 60% of the planting area of China's bayberry cultivation area.

The global yumberry industry is anticipated to grow in the forecast period owing to factors such as the rising demand for organic food. Yumberries are known to have excellent antioxidant properties and minerals and are being increasingly used in the food and beverage industry, driving the market forward. Yumberries have quickly made their way into the market facilitated by the growing trend of eating organic food globally.

The rising proliferation of yumberry into the Western markets has propelled the growth of the market. Frutzzo was the first company to market yumberry juice in the United States. With Frutzzo's offerings being sold across major retail stores like Costco (NASDAQ: COST) and Whole Foods, the overall market for yumberry in North America is expected to witness a further boost. With the rising demand for superfood and increasing adoption of juice-only diets, the market for yumberry is expected to be catalysed further in the coming years, especially in North America and Europe.

Market Analysis by Type, Application, and Region:

  • The market based on type can be divided into organic and conventional.
  • Based on application, the market is segmented into food and beverage, pharmaceuticals, cosmetics and personal care, and dietary supplements, among others. 
  • The regional markets for yumberries include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The yumberry industry is being driven by the rising demand for organic food products.
  • Yumberries are being used extensively in the food and beverage industry to manufacture fruit drinks, further driving the market forward.
  • The global trend of the adoption of organic food for a healthier lifestyle is driving the yumberry industry forward.
  • The rising proliferation of the product in the Western markets is expected to guide the growth of the industry in the coming years.

Key Offerings of the Report:

  • The EMR report gives an overview of the global yumberry market for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the types, applications, and major regions of yumberry.
  • It assesses the regional price trends for the (2016-2020) and (2021-2026) periods. 
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter's Five Forces models.

The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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