Global Aronia Berries Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
"Global Aronia Berries Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global aronia berries market report has been segmented on basis of product type, distribution channel, and region.
Global Aronia Berries Market: Overview
Aronia berries is commonly known as black chokeberry. Aronia is type of woody perennial shrub belonging to rosaceae family and mostly found in eastern US. They grow in dense clusters, have mouth wateringly tart, and unique, flavor — thus the name chokeberry. Aronia is a plant have high content of phytonutrients compounds that have beneficial effects on human health. Aronia plant produces loose clusters of nearly 10 to 15 berries at the ends of shoots. The fruit generally ripen from late August through mid-September of a year. Food technology & biotechnology research founded that Aronia berries have the highest polyphenol content. They are used in varied forms of foods and drinks including muffins, pies, cookies, wine, jam, tea, juices, and many others. Dried aronia berries are available in many health food stores and supermarkets and can be taken as an add on to muesli, muffins, and other baked foods.
Global Aronia Berries Market: Dynamics
Rising interest of consumers for eating healthier foods is a major factor expected to drive market growth in terms of revenue in the global market. The berries are rich source of folic acid, vitamins, minerals as well as phenolic substances namely anthocyanins and proanthocyanins. In addition, rising disposable income, increasing number of population, growing health consciousness among individual, are some of the other factors expected to increase the demand for aronia berries globally. Furthermore, rapid urbanization, changing taste and preferences of food and beverages among consumers, and rapidly growing nutraceuticals and F&B sectors, are another factors expected to drive growth of the target market over next ten years. However, increasing cost of raw materials and sudden climatic changes which may affect the crops, are some of the major factor expected that could restraint the growth of the target market.
Global Aronia Berries Market: Segment Analysis
Among the distribution channel segments, the hypermarket/supermarket segment is expected to hold high value in terms of revenue in the global market over the forecast period. This is primarily due to, ease of availability of product. The e-commerce segment is expected to dominate in terns of CAGR and is expected to maintain its dominance, owing to availability of various discounts and offers as well as services such as home delivery.
Global Aronia Berries Market: Region Analysis
The market in North America is projected to account for major revenue share in the global market. This is due to, increasing demand in various supplements and medicinal preparation owing to high content of antioxidant. Revenue from the Europe Aronia Berries market is anticipated to grow at a moderately higher pace in the upcoming years, owing to increasing demand for berries and new products in countries such as Germany, France, and Italy. The market in Asia-Pacific is projected to register fastest CAGR owing to, higher adoption of westernised food habits, rising disposable income, rapidly growing food and beverages industry in the region.
Global Aronia Berries Market Segmentation
Segmentation by product type:
- Aronia prunifolia
- Aronia melanocarpa
- Aronia arbutifolia
Segmentation by distribution channel:
- Hypermarket/ Supermarket
- Convenience Stores
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Cedar Gardens LLC
- Bellbrook Berry Farm
- T. Aronia Farm
- Sawmill Hollow Family Farm
- OPG Medic
- Microstructure Sp. z o.o.
- GreenField Sp. z o.o. Sp. k.
- TECOFOOD sp. z o.o.
- Mae's Health and Wellness, LLC
- P.H.U. Bio Juice
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