Red Berries Market is subjected to see a growth of US$ 25.6 Million By 2027 - PowerPoint PPT Presentation

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Red Berries Market is subjected to see a growth of US$ 25.6 Million By 2027

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Red berries square measure tiny edible fruits, usually juicy, sweet, and sour. They're wide used across varied food applications like bakeshop, beverages, and desserts. they're conjointly utilized in the preparation of tasteful alcohol for enhancing the style of the alcohol. they're out there within the variety of frozen, juice concentrate, and powder. – PowerPoint PPT presentation

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Title: Red Berries Market is subjected to see a growth of US$ 25.6 Million By 2027


1
  • Coherent Market Insights
  • Market Research and Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • COVID-19 Impact Tracker

2
RED BERRIES MARKET ANALYSIS
  • Red Berries Market, By Berry Type (Cranberry,
    Strawberry, Red Raspberry, Cherry, Grapes, Red
    Currants), By Application (Dairy, Bakery
    Confectionery, Beverages, Snack Food,
    Nutraceuticals, Sauces Fruit Preserve), By
    Product Type (Frozen, Puree, Juice Concentrate,
    Powder, Not From Concentrate), By Nature
    (Organic, Conventional), and By Region (North
    America, Latin America, Europe, Asia Pacific,
    Middle East Africa) - Size, Share, Outlook, and
    Opportunity Analysis, 2020 - 2027

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  • Red berries are pulpy fruits used across various
    food applications such as beverages, bakery,
    sauces, nutraceuticals, and snacks. They are also
    used in dairy food products to enhance flavors
    such as flavored ice creams and shakes. On the
    basis of nature the market is classified into
    organic and conventional.
  • The global red berries market is projected to
    reach around US 25.6 million by the end of 2027,
    in terms of revenue, growing at CAGR of 3.1
    during the forecast period (2020-2027).
  • Drivers
  • Growing demand for natural flavors across the
    food and beverage industry is predominantly
    fueling the market growth of the red berries.
    This is attributed to growing health-conscious
    consumers due to rising awareness regarding the
    negative health effects of artificial additives
    and ingredients in the food products. Moreover,
    the growing demand for frozen fruits is also
    anticipated to augment the market growth of red
    berries. Europe region dominated the global red
    berries market in 2019, accounting for 39.6
    share in terms of value, followed by North
    America and Asia Pacific, respectively.

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Figure 1. Global Red Berries Market Share () in
terms of Value, By Region, in 2019
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  • Market Restraints
  • Poor infrastructure such as shortage of power,
    lack of storage facilities, and poor roads across
    developing regions is expected to restrict the
    market growth of the red berries.

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  • Market Opportunities
  • Growing demand for powder form of red berries in
    various food products is expected to serve major
    growth opportunities to the market of red
    berries. Powder form red berries are widely used
    in the preparation of bakery food products, thus
    growing consumption of bakery food products
    around the globe is projected to foster the
    market growth of the red berries over the
    forecast period. Moreover, growing demand for
    fruit preserves is also expected to augment the
    market growth.
  • Increasing demand for healthy bars among
    consumers is expected to offer potential
    opportunities to the market of red berries. For
    instance, in May 2018, Kelloggs re-launched
    Special K cereal bars. The snacks also contain
    cereal crispies and whole wheat flakes for a
    lighter texture. The current flavors have been
    replaced by four new flavors Juicy Red Berry,
    Milk Chocolate, Apricot Sultanas, and Dark
    Chocolate Cranberries.

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Figure 2. Global Red Berries Market Opportunity
Analysis
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  • Market Trends
  • The ongoing trend of low calorie and
    better-for-you beverages is expected to
    positively impact the market growth of the red
    berries. For instance, in January 2019, Boost
    Drinks has launched Boost Energy Red Berry 250ml,
    backed with love-themed advertising across
    Tinder. Red Berry is available as a 49p PMP value
    price point. Thus, the growing demand for such
    energy drinks among consumers is expected to
    foster the market growth of red berries.
  • Red berries in nutraceuticals is a new and
    innovative concept in the market. Nutraceuticals
    are gaining huge demand across geriatric as well
    as health-conscious populations is expected to
    augment the market growth of the red berries.
    Thus growing sales of flavored nutraceuticals
    around the globe due to increasing geriatric
    population and health-conscious populations is
    expected to augment the market growth over the
    forecast period.

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Figure 3. Global Red Berries Market Share () in
terms of Value, By Application, in 2019
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  • On the basis of application in 2019, the
    beverages segment has accounted the largest
    market share of 35.1 in terms of value, followed
    by dairy and bakery confectionery segment
    respectively.
  • Global Red Berries Market - Impact of Coronavirus
    (Covid-19) Pandemic
  • Beverage companies are facing reduced consumption
    and supply chain disruption challenges due to
    Corona virus pandemic. While at-home consumption
    has seen significant growth during the crisis,
    out-of home consumption has come to a standstill.
    Once the situation normalizes out-of home
    consumption will pick up again.This is expected
    to hamper the demand for red berries for short
    period. According to Coherent Market Insights,
    red berries market is expected to grow at a
    significant rate between 2020 and 2021..

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  • Reference https//www.coherentmarketinsights.com/
    market-insight/red-berries-market-3969

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About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions.
  • What we provide
  • Customized Market Research Services
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  • Long term Engagement Model
  • Country Specific Analysis

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Contact Us
  • Mr. Shah
  • Coherent Market Insights Pvt.Ltd.
  • Address 1001 4th Ave, 3200 Seattle, WA 98154,
    U.S.
  • Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

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