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Packaged Currants Market Demand, Volume, Industry, Analysis Report 2023-2030
Packaged Currants Market - DataM Intelligence 4Market Research
The global Packaged Currants Market reached USD 923.2 million in 2022 and is expected to reach USD 1,273.2 million by 2030 growing with a CAGR of 4.9% during the forecast period 2023-2030.
Currants are available in different types, such as red, black, and white. These currant berries are high in vitamins, minerals, and antioxidants. The surge in customer demand for these forms of current is attributable to an increase in the number of health-conscious consumers and an increase in consumer disposable money.
Current packaging plays a pivotal role in freshness, quality, and safety during shipping, storage, and display. Due to the growing number of health-conscious individuals, current consumption is increasing. The increased availability of different packaged current items contributes to market development throughout the predicted period.
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Packaged Currants Market Dynamics
Increasing Health Advantages Consumption of packaged currants contributes to market growth throughout the forecast period.
Polyphenolic compounds, antioxidants, anthocyanins, vitamin C, and gamma-linolenic acid (GLA) are abundant in packaged currants. Consuming packed currants on a regular basis helps to promote eye health, immune system health, blood flow, gastrointestinal health, and kidney health. Blackcurrant extract aids in the reduction of risk factors for metabolic diseases such as type 1 and type 2 diabetes. Packaged current contains a variety of vitamins, including vitamins A, B-6, B-5, B-1, and E.
Blackcurrants contain four times the vitamin C content of oranges and twice the antioxidant content of blueberries. Vitamin C is beneficial to skincare and anti-ageing. Blackcurrant is beneficial to the immune system. It possesses antibacterial, anti-inflammatory, antiviral, antitoxic, antiseptic, and anti-cancer effects. Several studies have shown that taking blackcurrant supplements helps to enhance the immune system.
Market Segmentation
The global Packaged Currants Market is segmented based on type, and application.
By Type
• Blackcurrant
• Redcurrant
• Others
By Application
• Supermarket
• Convenience store
• Grocery store
• Online sales
Key Developments
• On January 27, 2023, the Institute of Horticulture of the National Academy of Sciences (Ukraine) developed and officially registered 7 new blackcurrant varieties in the market. Some of the varieties have already been tested by professional and amateur farms in Ukraine.
• On April 14, 2021, Iprona, Italy-based company launched blackcurrant extract in the market. It helps to boost brain health. It is suitable as an additive in the range of food and supplement.
Competitive Landscape
The major global players include Kabako GruppeKarelia Berries LLC., Special Fruit NV, Windmill Hill Fruits, Xi`an Xiyu Minnong Natural Food Co., ltd., Rind Snacks, Inc, Truly Good Foods., Dole Packaged Foods, LLC, Lion Raisins, JAB Dried Fruit Products Pty Ltd and Bergin Fruit & Nut Co.
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