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Global Cranberry Extract Market Expected to Grow at a Healthy Pace During 2021-2026, Driven by the Increasing Applications of the Product

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Global Cranberry Extract Market: By Source: Organic, Conventional; By Product Form: Liquid, Dried, Powder; By Application: Food, Beverages, Pharmaceuticals, Nutraceuticals; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Cranberry Extract Market Outlook

The global cranberry extract market is being aided by the growth of the cranberry market. The global cranberry market is expected to grow at a CAGR of 3.8% in the forecast period of 2021-2026.

 

Global Cranberry Extract Market

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The Market Growth of Cranberry Extract to be Driven by the Rising Demand from the Food and Beverage Industry

The market for cranberry extract is being driven by the rising demand for the product from the food and beverage industry where it is used as natural food colour. The product is also used in seafood and poultry. Apart from that, cranberry extract is further used in the cosmetic industry owing to its antioxidant properties for the skin. The product is a rich source of antioxidants and has proven to be an effective cure for bladder infections. The growing awareness of the benefits of using natural products is expected to enhance the market growth of cranberry extract over the forecast period.

Region-wise, North America is the significant market for cranberry extract. This can be attributed to the high demand for the product within the region due to its health and nutritional benefits. Within North America, the United States is one of the major suppliers of cranberry extract for the food and beverage industry.

 

Cranberry Extract: Industry Definition and Segmentation

Cranberry is an evergreen shrub, which is found in wet areas such as wetlands and marshy areas. This shrub is indigenous to northern parts of the United States. The cranberry extract is available in the form of liquid, powder, and pigment of anthocyanin.

 

Global Cranberry Extract Market By Form

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On the basis of source, the market is divided into:

  • Organic
  • Conventional

Based on product form, the industry can be segmented into:

  • Liquid
  • Dried
  • Powder

By application, the industry is categorised into:

Based on distribution channel, the industry is divided into:

  • Direct
  • Indirect

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Cranberry Extract Market By Region

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Rising Demand for Natural Flavours and Pigmenting Agents to Aid the Market Growth of Cranberry extract

The cranberry extract industry is driven by the rising demand for natural flavours and pigmenting agents. The growing awareness regarding the benefits of using natural products is leading people to adopt cranberry extract products as opposed to artificial agents. Further, changing lifestyles focused on using natural products to derive its benefits, is expected to enhance the market growth of cranberry extract over the forecast period.

 

Key Industry Players in the Global Cranberry Extract Market

The report gives a detailed analysis of the following key players in the global cranberry extract market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • NOW foods Inc.
  • Ethical Naturals Inc.
  • Artemis International
  • Nature's Way Products LLC.
  • Swisse Wellness Pty Ltd
  • Langyuan Bio-Tech Co., Ltd
  • 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.

*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 Cranberry Extract Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Cranberry Extract Historical Market (2016-2020) 
    8.3    Global Cranberry Extract Market Forecast (2021-2026)
    8.4    Global Cranberry Extract Market by Source
        8.4.1    Organic
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Conventional
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Cranberry Extract Market by Product Form
        8.5.1    Liquid
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Dried
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Powder
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
    8.6    Global Cranberry Extract Market by Application
        8.6.1    Food
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
            8.6.1.4    Breakup by Type
                8.6.1.4.1    Confectionery
                    8.6.1.4.1.1    Market Share
                    8.6.1.4.1.2    Historical Trend (2016-2020)
                    8.6.1.4.1.3    Forecast Trend (2021-2026)
                8.6.1.4.2    Bakery
                    8.6.1.4.2.1    Market Share
                    8.6.1.4.2.2    Historical Trend (2016-2020)
                    8.6.1.4.2.3    Forecast Trend (2021-2026)
                8.6.1.4.3    Dairy
                    8.6.1.4.3.1    Market Share
                    8.6.1.4.3.2    Historical Trend (2016-2020)
                    8.6.1.4.3.3    Forecast Trend (2021-2026)
                8.6.1.4.4    Others
        8.6.2    Beverages
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Pharmaceuticals
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Nutraceuticals
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2016-2020)
            8.6.4.3    Forecast Trend (2021-2026)
        8.6.5    Cosmetics and Personal Care
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2016-2020)
            8.6.5.3    Forecast Trend (2021-2026)
        8.6.6    Others
    8.7    Global Cranberry Extract Market by Distribution Channel
        8.7.1    Direct
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Indirect
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
    8.8    Global Cranberry 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 (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        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 (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        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 (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        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 (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        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 (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        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 (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    NOW foods Inc.
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Ethical Naturals Inc.
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Artemis International
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Nature's Way Products LLC.
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Swisse Wellness Pty Ltd
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Langyuan Bio-Tech Co., Ltd
            13.2.6.1    Company Overview
            13.2.6.2    Product Portfolio
            13.2.6.3    Demographic Reach and Achievements
            13.2.6.4    Certifications
        13.2.7    Others
14    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operations Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Raw Materials
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investments

 

List of Figures and Tables

1.    Global Cranberry Extract Market: Key Industry Highlights, 2016 and 2026
2.    Global Cranberry Extract Historical Market: Breakup by Source (USD Million), 2016-2020
3.    Global Cranberry Extract Market Forecast: Breakup by Source (USD Million), 2021-2026
4.    Global Cranberry Extract Historical Market: Breakup by Product Form (USD Million), 2016-2020
5.    Global Cranberry Extract Market Forecast: Breakup by Product Form (USD Million), 2021-2026
6.    Global Cranberry Extract Historical Market: Breakup by Application (USD Million), 2016-2020
7.    Global Cranberry Extract Market Forecast: Breakup by Application (USD Million), 2021-2026
8.    Global Cranberry Extract Historical Market: Breakup by Distribution Channels (USD Million), 2016-2020
9.    Global Cranberry Extract Market Forecast: Breakup by Distribution Channels (USD Million), 2021-2026
10.    Global Cranberry Extract Historical Market: Breakup by Region (USD Million), 2016-2020
11.    Global Cranberry Extract Market Forecast: Breakup by Region (USD Million), 2021-2026
12.    North America Cranberry Extract Historical Market: Breakup by Country (USD Million), 2016-2020
13.    North America Cranberry Extract Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Europe Cranberry Extract Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Europe Cranberry Extract Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    Asia Pacific Cranberry Extract Historical Market: Breakup by Country (USD Million), 2016-2020
17.    Asia Pacific Cranberry Extract Market Forecast: Breakup by Country (USD Million), 2021-2026
18.    Latin America Cranberry Extract Historical Market: Breakup by Country (USD Million), 2016-2020
19.    Latin America Cranberry Extract Market Forecast: Breakup by Country (USD Million), 2021-2026
20.    Middle East and Africa Cranberry Extract Historical Market: Breakup by Country (USD Million), 2016-2020
21.    Middle East and Africa Cranberry Extract Market Forecast: Breakup by Country (USD Million), 2021-2026
22.    North America Historical Price Trends and Forecast 2016-2026
23.    Europe Historical Price Trends and Forecast 2016-2026
24.    Asia Pacific Historical Price Trends and Forecast 2016-2026
25.    Latin America Historical Price Trends and Forecast 2016-2026
26.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
27.    Global Cranberry Extract Market Structure

Key Questions Answered in the Report

What is the growth rate of the global cranberry extract market?

The global cranberry extract market is being driven by the growing cranberry market is projected to grow at a CAGR of 3.8% between 2021 and 2026.

What are the major industry drivers?

The major drivers of the industry, such as the rising disposable incomes, rising demand for natural flavours, growing awareness of the benefits of using natural products, and the increasing demand from the cosmetic and food and beverages industry, are expected to aid the market growth.

What are the key industry trends of the global cranberry extract market?

The key trend guiding the growth of the market includes the changing lifestyles focused on using natural products.

What are the major regional markets of cranberry extract, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the leading sources of cranberry extract in the market?

The leading sources of cranberry extract in the market are organic and conventional.

What are the significant product forms of cranberry extract in the industry?

The significant product forms of cranberry extract in the industry are liquid, dried, and powder.

What are the major application segments in the market?

The major application segments in the market are food, beverages, pharmaceuticals, nutraceuticals, and cosmetics and personal care, among others.

What are the leading distribution channels in the market?

The leading distribution channels in the market are direct and indirect.

Who are the key industry players, according to the report?

The major players in the industry are NOW foods Inc., Ethical Naturals Inc., Artemis International, Nature's Way Products LLC., Swisse Wellness Pty Ltd, and Langyuan Bio-Tech Co., Ltd, among others.

Analyst Review

The global cranberry extract market is being aided by the rising cranberry market. Aided by the rising demand for natural flavours, the cranberry market is expected to witness a moderate growth in the forecast period of 2021-2026, growing at a CAGR of 3.8%.

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 bifurcated into organic and conventional. By product form, the industry is divided into liquid, dried, and powder. On the basis of application, the industry is segmented into food, beverages, pharmaceuticals, nutraceuticals, and cosmetics and personal care, among others. Based on distribution channel, the industry is categorised into direct and indirect. The major regional markets for cranberry extract are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include NOW foods Inc., Ethical Naturals Inc., Artemis International, Nature's Way Products LLC., Swisse Wellness Pty Ltd, and Langyuan Bio-Tech Co., Ltd, 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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