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Cranberry Extract Market

Global Cranberry Extract Market Size, Trends, Analysis: By Source: Organic, Conventional; By Product Form: Liquid, Dried, Powder; By Application: Food, Beverages, Pharmaceuticals, Nutraceuticals, Cosmetics and Personal Care, Others; By Distribution Channel: Direct, Indirect; Regional Analysis; Competitive Landscape; 2024-2032

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 3.80% in the forecast period of 2024-2032.

 

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: Market 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 market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

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:

  • Source
  • Product Form
  • Application
  • Distribution Channel
  • Region
Breakup by Source
  • Organic
  • Conventional
Breakup by Product Form
  • Liquid
  • Dried
  • Powder
Breakup by Application
  • Food
  • Beverages
  • Pharmaceuticals
  • Nutraceuticals
  • Cosmetics and Personal Care
  • Others
Breakup by Distribution Channel
  • Direct
  • Indirect
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • NOW foods Inc.
  • Ethical Naturals Inc.
  • Artemis International
  • Nature's Way Products LLC.
  • Swisse Wellness Pty Ltd
  • Langyuan Bio-Tech Co., Ltd
  • 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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Opportunities and Challenges in the Market
8    Global Cranberry Extract Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Cranberry Extract Historical Market (2018-2023) 
    8.3    Global Cranberry Extract Market Forecast (2024-2032)
    8.4    Global Cranberry Extract Market by Source
        8.4.1    Organic
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Conventional
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Cranberry Extract Market by Product Form
        8.5.1    Liquid
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Dried
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Powder
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
    8.6    Global Cranberry Extract Market by Application
        8.6.1    Food
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
            8.6.1.3    Breakup by Type
                8.6.1.3.1    Confectionery
                    8.6.1.3.1.1    Historical Trend (2018-2023)
                    8.6.1.3.1.2    Forecast Trend (2024-2032)
                8.6.1.3.2    Bakery
                    8.6.1.3.2.1    Historical Trend (2018-2023)
                    8.6.1.3.2.2    Forecast Trend (2024-2032)
                8.6.1.3.3    Dairy
                    8.6.1.3.3.1    Historical Trend (2018-2023)
                    8.6.1.3.3.2    Forecast Trend (2024-2032)
                8.6.1.3.4    Others
        8.6.2    Beverages
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Pharmaceuticals
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Nutraceuticals
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Cosmetics and Personal Care
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
        8.6.6    Others
    8.7    Global Cranberry Extract Market by Distribution Channel
        8.7.1    Direct
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Indirect
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032) 
    8.8    Global Cranberry Extract Market by Region
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023)
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023)
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023)
            8.8.5.2    Forecast Trend (2024-2032)
9    North America  Cranberry Extract Market Analysis
    9.1    United States of America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Cranberry Extract Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Cranberry Extract Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Cranberry Extract Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Cranberry Extract Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value  Chain Analysis
16    Price Analysis

    16.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    NOW foods Inc.
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Ethical Naturals Inc.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Artemis International
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Nature's Way Products LLC.
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Swisse Wellness Pty Ltd
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Langyuan Bio-Tech Co., Ltd
            17.2.6.1    Company Overview
            17.2.6.2    Product Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications
        17.2.7    Others
18    Key Trends and Developments in the Market

 

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 Key Figures and Tables

1.    Global Cranberry Extract Market: Key Industry Highlights, 2018 and 2032
2.    Global Cranberry Extract Historical Market: Breakup by Source (USD Million), 2018-2023
3.    Global Cranberry Extract Market Forecast: Breakup by Source (USD Million), 2024-2032
4.    Global Cranberry Extract Historical Market: Breakup by Product Form (USD Million), 2018-2023
5.    Global Cranberry Extract Market Forecast: Breakup by Product Form (USD Million), 2024-2032
6.    Global Cranberry Extract Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Cranberry Extract Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Cranberry Extract Historical Market: Breakup by Distribution Channels (USD Million), 2018-2023
9.    Global Cranberry Extract Market Forecast: Breakup by Distribution Channels (USD Million), 2024-2032
10.    Global Cranberry Extract Historical Market: Breakup by Region (USD Million), 2018-2023
11.    Global Cranberry Extract Market Forecast: Breakup by Region (USD Million), 2024-2032
12.    North America Cranberry Extract Historical Market: Breakup by Country (USD Million), 2018-2023
13.    North America Cranberry Extract Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Europe Cranberry Extract Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Europe Cranberry Extract Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Asia Pacific Cranberry Extract Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Asia Pacific Cranberry Extract Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Latin America Cranberry Extract Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Latin America Cranberry Extract Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Middle East and Africa Cranberry Extract Historical Market: Breakup by Country (USD Million), 2018-2023
21.    Middle East and Africa Cranberry Extract Market Forecast: Breakup by Country (USD Million), 2024-2032
22.    North America Historical Price Trends and Forecast 2018-2032
23.    Europe Historical Price Trends and Forecast 2018-2032
24.    Asia Pacific Historical Price Trends and Forecast 2018-2032
25.    Latin America Historical Price Trends and Forecast 2018-2032
26.    Middle East and Africa Historical Price Trends and Forecast 2018-2032
27.    Global Cranberry Extract Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 3.8% between 2024 and 2032.

The major drivers of the market are the rising disposable incomes, growing awareness of the benefits of using natural products, and the increasing demand from the cosmetic and food and beverages industry.

The key trends guiding the growth of the market includes the changing lifestyles focused on using natural products and rising demand for natural flavours.

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 cranberry extract in the market are organic and conventional.

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

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

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

The major players in the global cranberry extract market 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 2024-2032, growing at a CAGR of 3.80%.

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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