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Recent research: Berries Market to witness steady growth at 5.1% CAGR by 2027

Berries Market

Berries Market

The global berries market is a rapidly growing industry, driven by the increasing demand for healthier food options and the growing popularity of berries as a superfood. Berries are rich in antioxidants, fiber, and vitamins, making them a popular choice among health-conscious consumers. Global berries market was valued at USD 39.8 billion in 2020 and is expected to grow at a CAGR of 4.3% from 2021 to 2028.

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The market is segmented by type, form, distribution channel, and region. The type segment includes strawberries, blueberries, raspberries, blackberries, and others. The form segment includes fresh, frozen, dried, and others. The distribution channel segment includes supermarkets and hypermarkets, convenience stores, online stores, and others. The region segment includes North America, Europe, Asia-Pacific, and the rest of the world.

The strawberry segment is the largest segment in the berries market, driven by the popularity of the fruit and the increasing demand for fresh and frozen strawberries. The blueberry segment is also expected to grow significantly in the coming years, driven by the increasing demand for the fruit as a superfood and its use in the food and beverage industry. The market is also seeing a growing demand for organic and natural berries. Consumers are becoming more aware of the benefits of organic and natural products and are willing to pay a premium for products that are free from pesticides and other harmful chemicals. The growing demand for organic and natural berries is also being driven by concerns over the safety and quality of conventionally produced berries.

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North America is the largest market for berries, driven by the high consumption of berries among consumers in the region and the increasing demand for healthier food options. The Asia-Pacific region is expected to witness the fastest growth in the coming years, driven by the growing population and rising disposable incomes of consumers in the region.

Some of the key players in the berries market include Driscoll's, Naturipe Farms, Wish Farms, BerryWorld Group, and California Giant Berry Farms. These companies are focusing on product innovation, developing partnerships and collaborations, and expanding their distribution networks to gain a larger market share.

In conclusion, the global berries market remains a growing industry, driven by factors such as health and wellness, convenience, and sustainability. The market offers numerous growth opportunities for players in the industry, especially those who focus on developing innovative and high-quality products that meet the evolving needs of consumers. The growing demand for organic and natural berries is expected to drive the market in the coming years, presenting opportunities for players to differentiate themselves and capture a larger market share.

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