'Global Berry-based Supplements Market' the new research report adds in Data Bridge Market Research's reports database. This Research Report spread across 329 Page, 53 No of Tables, And 244 No of Figures with summarizing Top companies, with tables and figures. The Berry-based Supplements market research report presents a comprehensive study on production capacity, consumption, import and export for all the major regions across the world. By keeping in mind the end user's point of view, a team of researchers, forecasters, analysts and industry expert's work in-depth to formulate this Berry-based Supplements market research report. The research and analysis carried out in this Berry-based Supplements report assists clients to forecast investment in an emerging market, expansion of market share or success of a new product. To turn complex market insights into simpler version, well established tools and techniques are used for generation of Berry-based Supplements report.
Market Analysis and Insights of Berry-based Supplements Market
Data Bridge Market Research analyses that the global berry-based supplements market will project a CAGR of 9.90% for the forecast period of 2022-2029. Growth and expansion of the food supplements industry, growing number of product innovations by the major manufacturers and players, rising consumer demand for all kinds of vitamin and mineral rich supplements around the globe, changings tastes and preferences of consumers, ever-rising geriatric population base and increasing personal disposable income by the major companies are the major factors attributable to the growth of berry-based supplements market. Therefore, the berry-based supplements market value, which was USD 1.10 billion in 2020, would rocket up to USD 2.57 billion by 2029.
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From the name itself, it is clear that berry-based supplements are the supplements that are manufactured using berries as the main ingredients. Cranberries, raspberries and blueberries are the most common types of berries that are only grown in certain specific geographical locations. The berry-based supplements provide a wide range of health benefits to the consumers.
Rising personal disposable income and growing consumer consciousness towards advantages of berry-based supplements around the world are the major factors fostering the growth of the market. Changing lifestyle, westernization, rising research and development initiatives taken by major companies especially in the developing economies, increase in the need for nutrients for monogastric animals in various countries and rising prevalence of chronic diseases are acting as market growth determinants. Improving distribution channel, surging cultivation of berries especially in the western economies and growing adoption of urban lifestyle will further induce growth in the market value.
Top Key players in Global Berry-based Supplements Market Report: Pfizer Inc., DSM, Sanofi, Abbott, GlaxoSmithKline plc, Bayer AG, Pfizer Inc., ADM, Stepan Company, International Flavors & Fragrances Inc., THE BOUNTIFUL COMPANY., DSM, Amway, Herbalife International of America, Inc., Omega Protein Corporation, Integrated BioPharma, Inc., Nu Skin Enterprises Inc., BASF SE, Surya Herbal Ltd., Bio Botanica, Inc., The Himalaya Drug Company, Ricola, Pharmavite LLC, Blackmores, Epax, and Axellus AS
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Market Segmentation:
The berry-based supplements market is segmented on the basis of ingredients, form, consumer group and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of ingredients, the berry-based supplements market is segmented into vitamins, minerals, herbal/botanical extracts, omega-3 fatty acids, amino acids, probiotics and others. Vitamins segment is sub-segmented into vitamin B, vitamin C, vitamin D and vitamin E. Minerals segment is sub-segmented into calcium, potassium, magnesium, iron and zinc. Amino acids segment is sub-segmented into BCAA, arginine, aspartate, glutamine, beta alanine, creatine and l-carnitine.
- On the basis of form, the berry-based supplements market is segmented into capsule, tablets, powder, liquid, soft gel and others.
- On the basis of consumer group, the berry-based supplements market is further segmented into infants, children, adults, pregnant and geriatric.
- On the basis of distribution channel, the berry-based supplements market is segmented into online distribution channel and offline distribution channel. Online distribution channel segment is sub-segmented into e-commerce platforms and company owned websites. Offline distribution channel segment is sub-segmented into supermarkets and hypermarkets, drug stores/pharmacy, specialty stores and others.
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Berry-based Supplements Market Regional Analysis/Insights
The berry-based supplements market is analyses and market size, volume information is provided by country, ingredients, form, consumer group and distribution channel as referenced above.
The countries covered in the berry-based supplements market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America region dominates the berry-based supplements market and will continue to flourish its trend of dominance during the forecast period owing to the rise in the incidence of chronic diseases in several countries such as in U.S. and Canada. Asia-Pacific region will score the highest growth rate owing to the growing awareness among the population, changing lifestyle, and increasing personal disposable income.
The country section of the berry-based supplements market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Key questions answered in the report:
- What will the market development pace of the Berry-based Supplements market?
- What are the key factors driving the Global Berry-based Supplements market?
- Who are the key manufacturers in the market space?
- What are the market openings, market hazard and market outline of the market?
- What are sales, revenue, and price analysis of top manufacturers of Berry-based Supplements market?
- Who are the distributors, traders, and dealers of Berry-based Supplements market?
- What are the Berry-based Supplements market opportunities and threats faced by the vendors in the Global Berry-based Supplements industries?
- What are deals, income, and value examination by types and utilizations of the market?
- What are deals, income, and value examination by areas of enterprises?
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