Market Overview:
The global bilberry extract market is expected to register a CAGR of 6.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for natural ingredients in food and beverage products and rising awareness about the health benefits of bilberry extracts. Based on type, the global bilberry extract market is segmented into liquid and powder forms. The liquid form is expected to dominate the market during the forecast period, owing to its easy availability and convenience of use. However, powder form is projected to grow at a higher CAGR due to its high purity levels and longer shelf life as compared with other forms of bilberry extracts. On basis of application, pharmaceuticals accounted for majority share in 2017; however, nutraceuticals are projected grow at highest CAGR over next decade owing growing consumer preference for preventive healthcare measures over curative ones .
Product Definition:
Bilberry Extract is a dietary supplement made from the dried fruit of bilberries. It is used to improve vision and night vision, as well as to treat diabetes, urinary tract infections, and other conditions.
Liquid:
Liquid is the purest form of berry extract available in the market. It has no additives and it's 100% natural. The liquid is extracted from bilberry fruits, which are grown in Denmark and Norway, hence the product name danes Bilberry Liquid (DBL).
The product was launched by a company named Danisco A/S, which also markets food products under the brand name “Bilberries”.
Powder:
Powder is a dry, free-flowing granular material that has been processed to remove water and other volatile components. It is used as an active ingredient in food & beverage, pharmaceuticals, cosmetics and nutraceutical industries.
Application Insights:
Nutraceuticals was the leading application segment in 2017 and accounted for a share of over 40% in terms of revenue. The product has been traditionally used as an antioxidant, brain health supplement, and circulatory system tonic among other uses. It is considered to be a rich source of polyphenols, which have excellent anti-inflammatory & antidiabetic properties along with being a natural source of vitamin C. These factors are anticipated to drive the demand from nutraceutical applications over the forecast period.
The pharmaceutical segment is expected to witness significant growth owing to its wide range of therapeutic benefits including neurodegenerative disorders such as Alzheimer¢â‚¬â„¢s disease and Parkinson¢â‚¬â„¢s disease; cardiovascular diseases such as stroke; cancer including breast cancer; diabetes such as type II diabetes mellitus (non-insulin dependent) and premenstrual syndrome (PMS).
Regional Analysis:
Europe was the largest regional market in 2017 owing to growing consumer awareness regarding health and well-being. The region is projected to maintain its dominance over the forecast period due to high demand for supplements and functional food & beverages. Rising geriatric population, coupled with increasing prevalence of chronic diseases such as cancer, diabetes, cardiovascular disorders is expected to drive berry extract based products in Europe over the forecast period.
China has been observed as one of the most attractive markets across all industries by major companies due their low production costs along with easy availability of skilled labor force.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the health benefits of bilberry extract
- Growing popularity of supplements and functional foods
- Proliferation of online retailing channels
- Expansion of distribution networks
Scope Of The Report
Report Attributes
Report Details
Report Title
Bilberry Extract Market Research Report
By Type
Liquid, Powder
By Application
Pharmaceuticals, Food and Beverages, Nutraceuticals, Others
By Companies
Now foods, Natrol, Source Naturals, Bio Botanica, Life Extension, Athelas Nutraceuticals, Nature’s way, Swanson, Now foods
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Bilberry Extract Market Report Segments:
The global Bilberry Extract market is segmented on the basis of:
Types
Liquid, Powder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceuticals, Food and Beverages, Nutraceuticals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Now foods
- Natrol
- Source Naturals
- Bio Botanica
- Life Extension
- Athelas Nutraceuticals
- Nature’s way
- Swanson
- Now foods
Highlights of The Bilberry Extract Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid
- Powder
- By Application:
- Pharmaceuticals
- Food and Beverages
- Nutraceuticals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bilberry Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bilberry extract is a natural product derived from the bilberry fruit. Bilberry extract has been shown to have anti-inflammatory and antioxidant properties.
Some of the major players in the bilberry extract market are Now foods, Natrol, Source Naturals, Bio Botanica, Life Extension, Athelas Nutraceuticals, Nature¢â‚¬â„¢s way, Swanson, Now foods.
The bilberry extract market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bilberry Extract Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Bilberry Extract Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Bilberry Extract Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Bilberry Extract Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Bilberry Extract Market Size & Forecast, 2018-2028 4.5.1 Bilberry Extract Market Size and Y-o-Y Growth 4.5.2 Bilberry Extract Market Absolute $ Opportunity
Chapter 5 Global Bilberry Extract Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bilberry Extract Market Size Forecast by Type
5.2.1 Liquid
5.2.2 Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bilberry Extract Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bilberry Extract Market Size Forecast by Applications
6.2.1 Pharmaceuticals
6.2.2 Food and Beverages
6.2.3 Nutraceuticals
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bilberry Extract Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bilberry Extract Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bilberry Extract Analysis and Forecast
9.1 Introduction
9.2 North America Bilberry Extract Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bilberry Extract Market Size Forecast by Type
9.6.1 Liquid
9.6.2 Powder
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bilberry Extract Market Size Forecast by Applications
9.10.1 Pharmaceuticals
9.10.2 Food and Beverages
9.10.3 Nutraceuticals
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bilberry Extract Analysis and Forecast
10.1 Introduction
10.2 Europe Bilberry Extract Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bilberry Extract Market Size Forecast by Type
10.6.1 Liquid
10.6.2 Powder
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bilberry Extract Market Size Forecast by Applications
10.10.1 Pharmaceuticals
10.10.2 Food and Beverages
10.10.3 Nutraceuticals
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bilberry Extract Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bilberry Extract Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bilberry Extract Market Size Forecast by Type
11.6.1 Liquid
11.6.2 Powder
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bilberry Extract Market Size Forecast by Applications
11.10.1 Pharmaceuticals
11.10.2 Food and Beverages
11.10.3 Nutraceuticals
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bilberry Extract Analysis and Forecast
12.1 Introduction
12.2 Latin America Bilberry Extract Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bilberry Extract Market Size Forecast by Type
12.6.1 Liquid
12.6.2 Powder
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bilberry Extract Market Size Forecast by Applications
12.10.1 Pharmaceuticals
12.10.2 Food and Beverages
12.10.3 Nutraceuticals
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bilberry Extract Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bilberry Extract Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bilberry Extract Market Size Forecast by Type
13.6.1 Liquid
13.6.2 Powder
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bilberry Extract Market Size Forecast by Applications
13.10.1 Pharmaceuticals
13.10.2 Food and Beverages
13.10.3 Nutraceuticals
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bilberry Extract Market: Competitive Dashboard
14.2 Global Bilberry Extract Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Now foods
14.3.2 Natrol
14.3.3 Source Naturals
14.3.4 Bio Botanica
14.3.5 Life Extension
14.3.6 Athelas Nutraceuticals
14.3.7 Nature’s way
14.3.8 Swanson
14.3.9 Now foods