Blackcurrant Concentrates Market Strong Industry Growth, Business Strategies, Demand, Emerging Trends And Forecast 2031 | Sums Fruits, Ariza b.v, Blackcurrant New Zealand Inc

Blackcurrant Concentrates Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Blackcurrant Concentrates market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research data from various companies, including their benefits, gross margins, and strategic decisions in the global market, all conveyed through tables, charts, and infographics.

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What is the projected growth rate (CAGR) of the Global Blackcurrant Concentrates market from 2024 to 2031, and what is the market value expected to change by 2031?

Global Blackcurrant Concentrates Market reached USD 3.4 billion in 2022 and is expected to reach USD 5.5 billion by 2031 growing with a CAGR of 6.2% during the forecast period 2024-2031.

What is Blackcurrant Concentrates Market?

Blackcurrant concentrates are thickened liquid extracts made from blackcurrants, rich in flavor, nutrients, and antioxidants, particularly vitamin C and anthocyanins. These concentrates are produced by juicing blackcurrants and removing water to create a concentrated form that retains the fruit's natural benefits and flavor intensity. Commonly used in beverages, jams, sauces, and dietary supplements, blackcurrant concentrates offer a convenient way to incorporate the health benefits of blackcurrants into various food products and recipes.

Growth Driver

The blackcurrant concentrates market is booming as health-conscious consumers increasingly recognize the fruit's high antioxidant content and immune-boosting properties. This awareness has spurred demand for blackcurrant concentrates in dietary supplements and functional beverages. As consumers gravitate towards natural, healthier alternatives, the popularity of antioxidant-rich products continues to drive market growth and expand the market share of blackcurrant concentrates.

Key Players:

Profiles of some of the major players in the global Blackcurrant Concentrates market, which include Sums Fruits, Ariza b.v, Blackcurrant New Zealand Inc, Vapable Ltd, Agrana Beteiligungs-AG, CropPharms, Mapro Foods Pvt. Ltd, Natural Health Products NZ, GoodLifeProVision, and Cibaria International.

Industry Development:

On April 7, 2021, IPRONA, a leading B2B fruit processing company, launched a European Black Currant Extract called CurrantCraft, designed to enhance brain health. This natural ingredient results from IPRONA's proprietary extraction technique and extensive research on the cognitive benefits of black currants. Earlier, on February 8, 2021, Tanqueray, a Diageo-owned gin brand, introduced a blackcurrant-flavored variant in the UK, blending its classic London Dry Gin botanicals with blackcurrants, vanilla, and floral notes of black orchid. Additionally, on July 6, 2020, New Zealand's 2before Performance Nutrition announced a blackcurrant powder beverage aimed at improving exercise performance and recovery through a balanced mix of nutrients and antioxidants.

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Blackcurrant Concentrates market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.

By Type: Liquid Form Concentrate, Powdered Form Concentrate, Puree Form Concentrate, Others

By Application: Pharmaceuticals, Food and Beverages, Cosmetics

Regional Break out:

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Rest of South America

☞ Middle East and Africa

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Key Features:

➧ Gain deep insights into market dynamics, trends, and opportunities to stay ahead in a competitive landscape.

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➧ Evaluate supply chain efficiency and logistics strategies to optimize operations and minimize disruptions.

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➧ Identify and target specific market segments with detailed intelligence on customer preferences and behaviors.

➧ Stay informed on regulatory changes and legal requirements impacting your industry to ensure compliance and mitigate risks.

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