Blackcurrants powder offers several health benefits such as it boosts the immune system, promotes metabolism, helps in curing skin issues, and offers anti-aging benefits. Moreover, it helps in restoration of mineral levels in bone, improves digestive system, and helps in the treatment of arthritis & anemia. Furthermore, it is used in smoothies, baking, sauces, shakes, cocktails, drinks, dressings, jellies, jams, flavored ice creams, yoghurt, curd, protein shakes, cereals, porridges, kefir, and muesli. Thus, all these benefits, uses, and nutritional value of black currant powder has driven the growth of the global market.
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The global blackcurrant powder market is segmented based on type, application, end user, distribution channel, and region. On the basis of type, the blackcurrant powder market is classified into organic and conventional. By application, it is divided into food & beverages products, cosmetics products, and pharmaceutical products. As per end user, it is categorized into households, food & beverages industry, cosmetics industry, and pharmaceutical industry. Depending on distribution channel, it is segregated into direct and indirect channel. The indirect channel is further classified into supermarkets/hypermarkets, discount stores, specialty stores, convenience stores, online stores, and others. Region wise, the blackcurrant powder market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the prominent key players include Arctic power berries, LOOV Food, LYO FOOD Sp. z o.o., FutureCeuticals, CurrantC LLC, Z Natural Foods, LLC, Active Micro Technologies, LLC (AMT), Waitaki Bio, ConnOils LLC, and Northwest Wild Foods.
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Furthermore, increase in awareness about using healthy and natural ingredients among consumers has propelled the growth of the blackcurrant powder market. However, reduction in the production of blackcurrants is anticipated to restrict the market growth in the upcoming years. On the contrary, consumers’ inclination toward organic products is expected to offer remunerative opportunities for the expansion of the market in the forthcoming years.
Key Benefits of the Report:
- This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global blackcurrant powder market to identify the prevailing market opportunities.
- The key countries in all the major regions are mapped based on their market share.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
- In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
- Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of market players.
- The report includes the analysis of the regional & global market, key players, market segments, application areas, and growth strategies.
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