Press release
Cranberry Extract Market Companies Investing in Product Development to Remain Ahead of the Curve 2018–2025
Cranberry, an evergreen shrub found in wet areas include wetlands and marshy areas. Cranberry is native to northern parts of the United States. Cranberry extract include powder, liquid and pigment of anthocyanin. Anthocyanin is used in dietary supplement products. It is used as natural food colors in food and beverages industry along with that it can be used in seafood and poultry.
In cosmetic industry, it is used as an antioxidant for skin. It is a rich source of anti-oxidants and an effective cure for bladder infections. Increasing demand for natural products and more utilization of cranberry extract as natural food colors drive an increase in demand in the global market.
With the increasing demand for natural flavors and pigmenting agent, the consumers are more inclined towards using cranberry extract products as compared to artificial agents, along with the changing lifestyle focused more towards natural products benefit drives an increase in demand for the global market. Rising application of cranberry extract and consumer preference for its strong red pigment is expected to account an increase in demand in the global cranberry extract market.
The seasonal availability and fluctuating prices for cranberry fruits along with stubborn disease caused by Viburnum leaf beetle destroying global cranberry yield are the only restraint for the cranberry extract market. The global Cranberry Extract market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Cranberry Extract in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
NOW Foods
Ocean Spray
Pharmavite
Nature's Way
SWISSE
Gaia Herbs
Nature'S Best
The Green Labs
RB
Amway
By the product type, the market is primarily split into
Liquid
Dried
Powder
By the end users/application, this report covers the following segments
Food And Beverages
Pharmaceuticals
Nutraceuticals
Confectionary
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