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The global bilberry extract market is being aided by the growing bilberry and bilberry products market, which is expected to grow at a CAGR of 13% in the forecast period of 2024-2032.
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In the food and beverages industry, bilberry extracts are used as a delicacy and a natural flavouring agent. These extracts are also found in cosmetics and personal care products owing to their antioxidant properties. Moreover, the various health benefits of bilberry, apart from its anthocyanin-related antioxidant effects, are driving the demand for bilberry extract in the pharmaceutical industry. The growing research activities regarding bilberry’s genoprotective and anticancer effects, cardioprotective effects, and anti-inflammatory properties, among others are expected to aid the growth of the segment. The growing popularity of these extracts to promote night vision and reduce vascular permeability and capillary fragility is anticipated to boost the industry growth.
Region-wise, Europe is expected to provide enhanced growth opportunities for the market expansion in the forecast period as bilberry is native to European region. Further, increasing health awareness in developed regions like North America will further contribute to the industry growth.
Bilberry extract refers to the extract obtained from Bilberries (Vaccinium myrtillus L.), a primarily Eurasian species of low-growing shrubs. Bilberries are sometimes referred to as European blueberries. These edible, dark blue berries are widely known for their health benefits. Bilberries are rich in anthocyanin, a polyphenolic component that is known for its antioxidant properties and found in other berry fruits as well. However, bilberry has relatively higher anthocyanin content compared to other berries, like strawberry, elderberry, cranberry, and raspberry, and contains small quantities of vitamin C, catechin, and quercetin.
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By source, the market is bifurcated into:
Based on form, the industry can be segmented into:
The market is divided based on sales channel into:
On the basis of end use, the industry can be categorised into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The increasing health awareness among consumers is resulting in increased demand for natural products, which is aiding the growth of the bilberry extract industry globally. The great taste of bilberry, along with its many health benefits, is driving its demand in various industries. Additionally, increasing demand for functional foods and dietary supplements is also favouring the bilberry extract industry.
Over the forecast period, the growing R&D activities and clinical trials to demonstrate the effectiveness of bilberry as a possible ingredient to combat chronic and infectious diseases are expected to accelerate the market growth. Further, the growing innovations by the key players and the rising online sales are expected to bode well for the market growth.
The report gives a detailed analysis of the following key players in the global bilberry extract market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Source |
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Breakup by Form |
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Breakup by Sales Channel |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global bilberry extract market is being driven by the rising bilberry and bilberry products market, which is projected to grow at a CAGR of 13% between 2024 and 2032.
The increasing demand for natural products, rising health awareness, the surging demand for bilberry extracts from key end-use sectors, and the growing consumption of dietary supplements are the major drivers of the market.
The key trends guiding the market include surging innovations by key players, the increasing R&D activities aimed at demonstrating the effectiveness of bilberry, and the rising demand for functional food.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading sources of bilberry extract in the market are organic and conventional.
The significant forms of bilberry extract in the market are liquid, powder, and tablets/capsules, among others.
The major sales channels in the market are direct sales and indirect sales.
The various end uses of bilberry extract are food and beverages, pharmaceuticals, cosmetics and personal care, and dietary supplement, among others.
The major players in the market are Bio Botanica, Inc., Foodchem International Corporation, and NOW Health Group, Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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