VALLEY COTTAGE, New York, September 29, 2016 /PRNewswire/ --
Red berries are gaining popularity as a natural ingredient, with global demand growing by 1.9% volume in 2016. The all-pervasive, 'health and wellness' trend will continue to influence demand positively, as global revenues are expected to surpass US$ 18.5 Mn in 2016, up from US$ 18.1 Mn in 2015.
Beverages will remain the largest application segment for red berries, accounting for 5.3 Mn tonnes of demand in 2016. This is an increase of over 3.5% over 2015. Dairy products, the second largest application segment will grow by 2.8%.
By berry type, grapes will continue to witness highest demand from end-use industries, growing by 3.2% in 2016. This will represent a market value of over US$ 8.9 Mn.
Request a Sample Report with Table of Contents and Figures: http://www.futuremarketinsights.com/reports/sample/rep-gb-1648
By product type, juice concentrates will maintain their dominance in 2016 as well, representing over 34.3% revenue share of the market. Juice concentrates volume will grow by 3.6% in 2016, and total US$ 6.4 million in revenues.
Western Europe, the largest market for red berries, will increase its revenue share of the market to 25.5%. North America the second largest market will register impressive growth in 2016.
Ocean Spray Cranberry Inc., Döhler Group, SunOpta, Inc., Hortex Group, Milne Fruit Products, Fruit d'Or, Townsend Farms, Inc., Kerr Concentrates Inc., Maberry & Maberry Berry Associates, Pacific Coast Fruit Products Ltd., NorthWest Berry Co-op and Berryhill Foods Inc. are some of the key players in this market. Leading companies are focusing on expanding their production capacity and launching new product offerings to meet the growing demand for red berries. Developing economies, where there is rapid growth in demand for natural ingredients, are expected to remain a key target market for red berry manufacturers.
Preview Analysis on Red Berries Market Segmentation By Berries Type - Cranberry, Strawberry, Red Raspberry, Cherry, Grapes and Redcurrants; By Application - Dairy, Beverages, Snack Food, Nutraceuticals; By Product Type - Frozen, Puree; By Nature - Organic and Conventional; By End Use - Bulk and Retail: http://www.futuremarketinsights.com/reports/red-berries-market
Long-term outlook: FMI maintains a positive long-term outlook on the global red berries market, estimating global revenues projected to reach US$ 24.9 Mn by 2026.
More From FMI's Cutting-edge Intelligence:
- Beta-glucan Market - By Source: Cereal, Yeast and Mushroom; By Product Functionality: Soluble and Insoluble; By Application: Food & Beverages, Bakery Products, Health & Dietary Supplements, Dairy and Frozen Products, Cosmetics and Personal Care and Others Beta Glucans Market: http://www.futuremarketinsights.com/reports/beta-glucans-market
- Diabetic Food Market Segmentation By Application - Dietary Beverages, Dairy Products, Ice Cream And Jellies, Confectionary, Baked Products, And Others; By Region - North America, Europe, Asia Pacific, Rest Of The World: http://www.futuremarketinsights.com/reports/diabetic-food-market
- Food Preservative Market Segmentation By Product - Natural, Synthetic; By Function - Antimicrobial, Antioxidants, Others; By Application - Dairy and Milk Products, Meat, Poultry And Sea Food Products, Bakery, Beverages: http://www.futuremarketinsights.com/reports/global-food-preservatives-market
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
T (UK): + 44 (0) 20 7692 8790
FMI Latest Insights: http://www.futuremarketinsights.com/reports/latestinsights
SOURCE Future Market Insights