Blackcurrant Powder Market: Global Industry Analysis and Forecast (2023-2029)

Blackcurrant Powder Market was valued at US$ 633.1 Mn. in 2022. Global Blackcurrant Powder Market size is estimated to grow at a CAGR of 5.8%. The market is expected to reach at value of US$ 939.5 Mn. in 2029.
Blackcurrant Powder Market Overview:
Blackcurrant Powder is made from the fruit of the blackcurrant shrub. Blackcurrants were rich in Vitamin-C, extremely popular in the United Kingdom. It has a great attentiveness to polyphenols and anthocyanins. By using blackcurrant powder there may have several benefits such as: Loaded with antioxidants, supporting cardiovascular functions, and also promoting healthy kidney functions. The Blackcurrant powder is also known for Ribes Nigrum which is small in size and purple in colored berries. Blackcurrant powder has high nutritional elements such as omega fatty acid, magnesium, copper, Vitamin-A and Vitamin-B, flavonoids, and fibers to the human body. Blackcurrant may also offer several health benefits such as it boosts the immune system, encourages metabolism, and also offers anti-aging benefits.To know about the Research Methodology:- Request Free Sample Report
Blackcurrant Powder Market Dynamics:
Accumulative implementation of blackcurrant powder surrounded by several industries such as Pharmaceuticals, Food & Beverages is driving the market:

An increase in awareness of consuming healthy and regular foods components such as yogurt, shakes and smoothies, macaroons, truffles, chia-seed pudding, and homemade ice-creams is driving the growth of the blackcurrant powder market. Consumption of blackcurrant powder products may give several health benefits associated with it such as antimicrobial, boost the immune system and antitoxic development is also a foremost reason for stimulating the progression of the black currant powder market. Blackcurrant powder comprises Vitamin-C along with anthocyanin's which is a major reason for enhancing the immune system of the human body. The product is also rich in omega-6 fatty acid which is usually recognized as gamma-linoleic acid. Consumption of blackcurrant powder helps in fighting against countless diseases such as cardiovascular, aging, joint inflammation, eyestrain, and kidney stones, which in turn growing the demand for products across the globe.

Over usage of blackcurrant powder may give side effects of several diseases:

The blackcurrant powder supplements have been recognized to cause numerous lateral effects such as; blood clotting, mild diarrhea, intestinal gas, and those people who are about to have surgery. The Federal Government banned blackcurrant powder in America due to pushing pressure on representatives to abolish the currants as it was a transitional host of pine blister rust. This major aspect is considered as a restraining factor for the blackcurrant powder market.

Consumption of blackcurrant powder gives several health benefits to the human body:

There are several health benefits while consuming the product such as it may have a high concentration of anthocyanins, antioxidants, Vitamin B-6, Vitamin-E, and Vitamin-C. People likewise yield blackcurrant to support their blood flow, enlightening kidney health, eye health and also increasing the human body immune system. Blackcurrant powder contains anthocyanins, with the help of this chemical it may prevent skin aging and wrinkles, which is considered to be a major opportunity for the blackcurrant powder market.

Consumption of blackcurrant powder is banned in North American countries:

The US division of Agriculture has expelled the blackcurrant powder invention since the plant suited trajectory for a disease that is susceptible to defeat all craves in America. The Federal Government also expelled the farming, sale, and transference of blackcurrant to defend the snowy aches which are making a challenging aspect for the blackcurrant powder market.
Blackcurrant Powder Market Segment Analysis:
Based on Nature, the market is segmented as Organic and Conventional. The organic blackcurrant powder is dominating the market in 2022. The blackcurrant powder is deliberated to be a factual superfood since it is a nourishing dynamo. The organic powder has rich in taste therefore it includes in various dishes. Upsurge in the sale of 4.5% in China and India as of high petition in dried organic black currant powder as they are 100% untainted fruit and all-natural with no flavors. Blackcurrant organic powder has the uppermost Vitamin-C gratified which in turn to be the growth of fueling the market growth.

However, the conventional Blackcurrant powder is expected to grow at a CAGR of xx% through the forecast period. The conventional blackcurrant powder consists of three different varieties such as Ben Adler, Tiben, and Titania. Preference of conventional blackcurrant powder is used in mineral fertilizing which consists of two elements Azophoska, (12.9% nitrogen) and Polymag (9.8% nitrogen), as deliberated to be rich in nutrients.Based on Application, the market is segmented as Food & Beverage Products, Cosmetic Products, Pharmaceuticals Products, and Others. The Food & Beverage segment is driving the blackcurrant powder market in 2022. Proliferation in demand of several food solicitations in the food industry to improve the color and assessment of the food product is driving the growth of the blackcurrant powder market. Blackcurrant Powder food consists of Truffles, desserts as a decoration, and Muesli and granola bars. This kind of food gives rich in nutritional value and has numerous health benefits like boosting the immune system. Also, blackcurrant fruits are insignificant and dark blackberries with a unique flavor to attract the consumer.

Apart from this Cosmetic industry is also expected to grow at a CAGR of xx% through the forecast period. Blackcurrant powder cosmetic product includes hair merchandise, nails products, and external genital products. The rising demand for blackcurrant powder among cosmetic manufacturers gives massive rise to the growth of the market. However, Pharmaceutical blackcurrant powders are a dry, solid element, and self-possessed finely alienated drug without excipients.
Regional Insights:
The Asia Pacific region is expected to dominate the Blackcurrant Powder market through the forecast period. This region has a higher consumer base in terms of the food industry. Countries like China, India, and Japan witnessed a higher consumer base for the market. Awareness of several health benefits in these countries gives lucrative growth for the blackcurrant powder market. Northern Asia and Central Asia are considered to be the primary exporter near about (80% to 87% of global exports) of additional are administered blackcurrant powder. The demand for nutritious food gives immense growth to the market

However, The European region is expected to grow at a CAGR of xx% during the forecast period. Denmark, France, and Germany have the highest production base of the blackcurrant powder market. Europe is expected as speedy acceptance of blackcurrant powder owing to high admiration of blackcurrant powder related with nourishing profits amid consumers.

The objective of the report is to present a comprehensive analysis of the Blackcurrant Powder Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help understand the Blackcurrant Powder Market dynamic and structure by analyzing the market segments and projecting the market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Blackcurrant Powder Market make the report investor’s guide.
Blackcurrant Powder Market Scope: Inquire before buying



Blackcurrant Powder  Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US$ 633.1 Mn


Forecast Period 2023 to 2029 CAGR:
5.8%
Market Size in 2029:
US$ 939.5 Mn.


 Segments Covered:
by Nature
Organic
Conventional


by Application
Food & Beverage
Pharmaceuticals.
Cosmetic & Personal Care.
Others



Blackcurrant Powder Market, by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
North America (United States, Canada and Mexico)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Blackcurrant Powder Market Key Players
1. CurrantC LLV
2. LOOV Organic
3. Arctic power berries
4. Cooke Aquaculture
5. Van Drunen Farms
6. CropPharms, LLC.
7. Waitaki Biosciences
8. Dohler Dahleburg Gmbh
9. Lifestream International Ltd.
10. Milne Fruit Products, Inc.
11. New Zealand Pharmaceuticals Ltd
12. China Nutrifruit Group Ltd
13. Lyo Food Gmbh
14. Future Ceuticals, Inc.
15. Connoils LLC.
Frequently Asked Questions:
1] What segments are covered in the Blackcurrant Powder Market report?
Ans. The segments covered in the market report are based on Nature and Applications.

2] Which region is expected to hold the highest share in the Blackcurrant Powder Market?
Ans. The Asia Pacific region is expected to hold the highest share in the market.

3] What is the market size of the Blackcurrant Powder Market by 2029?
Ans. The market size of the market by 2029 is US $ 939.5 Mn.

4] What is the forecast period for the Blackcurrant Powder Market?
Ans. The Forecast period for the market is 2023-2029.

5] What was the market size of the Blackcurrant Powder Market in 2022?
Ans. The market size of the market in 2022 was US $ 633.1 Mn.