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Global Bilberry Extract Market: By Source: Organic, Conventional; By Form: Liquid, Powder, Tablets/Capsules, Others; By Sales Channel: Direct Sales, Indirect Sales; By End Use: Food and Beverages, Pharmaceuticals, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Competitive Landscape; Industry Events and Developments

Global Bilberry Extract Market Outlook

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 2022-2027.

 

Global Bilberry Extract Market

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Increasing Demand in Various End Use Sectors to Aid the Bilberry Extract Industry Growth

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: Industry Definition and Segmentation

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.

 

Global Bilberry Extract Market By Form

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By source, the market is bifurcated into:

  • Organic
  • Conventional

Based on form, the industry can be segmented into:

  • Liquid
  • Powder
  • Tablets/Capsules
  • Others

The market is divided based on sales channel into:

  • Direct Sales
  • Indirect Sales

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.

 

Global Bilberry Extract Market By Region

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Increasing Preference for Natural Products and the Rising Demand for Functional Foods to Bolster the Growth of the Bilberry Extract Industry

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.

 

Key Industry Players in the Global Bilberry Extract Market

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:

  • Bio Botanica, Inc.
  • Foodchem International Corporation
  • NOW Health Group, Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Source, Form, Sales Channel, End Use, Region
Breakup by Source Organic, Conventional
Breakup by Form Liquid, Powder, Tablets/Capsules, Others
Breakup by Sales Channel Direct Sales, Indirect Sales
Breakup by End Use Food and Beverages, Pharmaceuticals, Cosmetics and Personal Care, Dietary Supplement, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Bio Botanica, Inc., Foodchem International Corporation, NOW Health Group, Inc., Others
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.

 

*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.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Bilberry Extract Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Bilberry Extract Historical Market (2017-2021) 
    8.3    Global Bilberry Extract Market Forecast (2022-2027)
    8.4    Global Bilberry Extract Market by Source
        8.4.1    Organic
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Conventional
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    8.5    Global Bilberry Extract Market by Form
        8.5.1    Liquid
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Powder
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Tablets/Capsules
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Others
    8.6    Global Bilberry Extract Market by Sales Channel
        8.6.1    Direct Sales
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Indirect Sales
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
    8.7    Global Bilberry Extract Market by End Use
        8.7.1    Food and Beverages
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Pharmaceuticals
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
        8.7.3    Cosmetics and Personal Care
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2017-2021)
            8.7.3.3    Forecast Trend (2022-2027)
        8.7.4    Dietary Supplement
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2017-2021)
            8.7.4.3    Forecast Trend (2022-2027)
        8.7.5    Others
    8.8    Global Bilberry Extract Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.2    Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.3    Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.4    Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.5    Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
13    Manufacturing Process
    13.1    Overview
    13.2    Detailed Process Flow
    13.3    Operations Involved
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    Bio Botanica, Inc.
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Foodchem International Corporation
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.3    NOW Health Group, Inc.
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.4    Others
15    Industry Events and Developments

 

Additional Customisations Available

1    Project Requirement and Cost Analysis
    1.1    Land, Location and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Cost of Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investment

 

List of Figures and Tables

1.    Global Bilberry Extract Market: Key Industry Highlights, 2016 and 2026
2.    Global Bilberry Extract Historical Market: Breakup by Source (USD Million), 2017-2021
3.    Global Bilberry Extract Market Forecast: Breakup by Source (USD Million), 2022-2027
4.    Global Bilberry Extract Historical Market: Breakup by Form (USD Million), 2017-2021
5.    Global Bilberry Extract Market Forecast: Breakup by Form (USD Million), 2022-2027
6.    Global Bilberry Extract Historical Market: Breakup by Sales Channel (USD Million), 2017-2021
7.    Global Bilberry Extract Market Forecast: Breakup by Sales Channel (USD Million), 2022-2027
8.    Global Bilberry Extract Historical Market: Breakup by End Use (USD Million), 2017-2021
9.    Global Bilberry Extract Market Forecast: Breakup by End Use (USD Million), 2022-2027
10.    Global Bilberry Extract Historical Market: Breakup by Region (USD Million), 2017-2021
11.    Global Bilberry Extract Market Forecast: Breakup by Region (USD Million), 2022-2027
12.    North America Bilberry Extract Historical Market: Breakup by Country (USD Million), 2017-2021
13.    North America Bilberry Extract Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Europe Bilberry Extract Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Europe Bilberry Extract Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Asia Pacific Bilberry Extract Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Asia Pacific Bilberry Extract Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Latin America Bilberry Extract Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Latin America Bilberry Extract Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Middle East and Africa Bilberry Extract Historical Market: Breakup by Country (USD Million), 2017-2021
21.    Middle East and Africa Bilberry Extract Market Forecast: Breakup by Country (USD Million), 2022-2027
22.    North America Historical Price Trends and Forecast 2017-2027
23.    Europe Historical Price Trends and Forecast 2017-2027
24.    Asia Pacific Historical Price Trends and Forecast 2017-2027
25.    Latin America Historical Price Trends and Forecast 2017-2027
26.    Middle East and Africa Historical Price Trends and Forecast 2017-2027
27.    Global Bilberry Extract Market Structure

Key Questions Answered in the Report

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 2021 and 2026.

The major drivers of the industry, such as the increasing demand for natural products, rising health awareness, increasing demand from key end use sectors, and growing consumption of dietary supplements, are expected to aid the market growth.

The key market trends guiding the growth of the industry include the increasing innovations and the growing research and development activities around the potential applications of bilberry.

The major regions in the industry 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 industry are liquid, powder, and tablets/capsules, among others.

The major sales channels in the market are direct sales and indirect sales.

The leading end use sectors in the industry are food and beverages, pharmaceuticals, cosmetics and personal care, and dietary supplement, among others.

The major players in the industry are Bio Botanica, Inc., Foodchem International Corporation, and NOW Health Group, Inc., among others.

Analyst Review

The global bilberry extract market is being driven by the rising demand for natural products. Aided by the growing R&D activities, the bilberry and bilberry products market is expected to witness a robust growth in the forecast period of 2022-2027, growing at a CAGR of 13%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on source, the market is divided into organic and conventional. On the basis of form, the industry is categorised into liquid, powder, and tablets/capsules, among others. By sales channel, the market is bifurcated into direct sales and indirect sales. Based on end use, the industry is divided into food and beverages, pharmaceuticals, cosmetics and personal care, and dietary supplement, among others. The major regional markets for bilberry extract are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Bio Botanica, Inc., Foodchem International Corporation, and NOW Health Group, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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