The red berries global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Red Berries Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The red berries market size has grown strongly in recent years. It will grow from $17.70 billion in 2023 to $18.59 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to increasing demand for natural flavors, growing health-conscious consumers, increasing production of wines, rising importation of red berries, and increasing awareness of organic products.
The red berries market size is expected to see strong growth in the next few years. It will grow to $22.70 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to rising consumption of red berries, increasing popularity of smoothies and juices, consumer preference for low-calorie options, focus on sustainable sourcing, and rising popularity of plant-based diets. Major trends in the forecast period include increasing utilization in the food industry, technological advancements in agriculture, implementation of berries in cosmetics, expansion of product varieties, and health benefits awareness.
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Scope Of Red Berries Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Red Berries Market Overview
Market Drivers –
Increasing production of wines is expected to propel the growth of the red berries market going forward. Wine production refers to the process of cultivating grapes, fermenting their juice, and converting it into wine through various stages such as crushing, fermentation, aging, and bottling. The increasing production of wines is driven by growing consumer demand, changing preferences towards premium beverages, and expanding global wine markets. Red berries enhance wine production by contributing natural sugars, tannins, and flavors that improve the wine’s complexity, balance, aging potential, structure, and taste. For instance, in January 2024, the Country Land and Business Association, a UK-based farming association, reported that Britain produced 12.2 million bottles of wine in 2022, with projections to increase to 24.7 million bottles by 2032. Therefore, the increasing production of wines is driving the red berries market.
Market Trends –
Major companies operating in the red berries market are focusing on sustainable farming practices such as vertical farming to address key challenges such as limited agricultural land, water scarcity, and environmental impact. Vertical farming grows crops in stacked layers, reducing land use and improving resource efficiency. For instance, in June 2024, Oishii, a US-based indoor vertical strawberry farm company, launched Amatelas Farm, a 237,500-square-foot vertical strawberry facility. This advanced farm integrates nearly 50 AI-driven robots to optimize growing conditions and operates primarily on energy from a 50-acre solar field. It produces 20 times more berries than traditional farms, using 95% less water and eliminating the need for pesticides. The farm’s year-round production ensures a stable supply, regardless of external climate conditions, addressing both environmental sustainability and supply chain challenges.
The red berries market covered in this report is segmented –
1) By Type: Red Raspberry, Cherry, Strawberry, Grapes, Other Types
2) By Nature: Organic, Conventional
3) By Form: Powder, Puree, Juice Concentrate, Other Forms
4) By Application: Bakery, Dairy, Confectionary, Beverage, Other Applications
5) By End-User: Bulk, Retail
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Regional Insights –
Europe was the largest region in the red berries market in 2023. The regions covered in the red berries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the red berries market are Sudzucker AG, Ingredion Incorporated, AGRANA Beteiligungs-AG, Dohler Group SE, Ocean Spray Cranberry Inc., Ardo NV, SunOpta Inc., Hortex Group, Harvest Hill Beverage Company, Wyman’s of Maine, Graceland Fruit Inc., Townsend Farms Inc., Crop’s NV, Fruit d’Or, Royal Ridge Fruits, Sun Belle Inc., Milne Food Products, Berryhill Foods Inc., Diana Group, Northwest Berry Co-op., PACIFIC COAST FRUIT PRODUCTS LTD
Table of Contents
1. Executive Summary
2. Red Berries Market Report Structure
3. Red Berries Market Trends And Strategies
4. Red Berries Market – Macro Economic Scenario
5. Red Berries Market Size And Growth
…..
27. Red Berries Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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