Blackcurrant extract is often obtained from blackcurrant pomace by aqueous extraction. blackcurrant is high source of range of nutritious, rich in Vitamin A, Vitamin C and potassium, they also comprise moderate quantities of Vitamin B1 (thiamine) and Vitamin B3 (Niacin) and calcium. These extract powder finds extensive applications in food products such as smoothies, shakes, cocktails, drinks, cooking, baking, sauces and dressings.
Global Blackcurrant Powder Market is accounted for approximately XX USD million in 2018 and is expected to reach XX USD million by 2026 growing at a CAGR of XX% between 2019 and 2026. Changing consumer preference towards health drinks along with adoption of blackcurrant flavors in the drinks is expected to drive the market growth. Blackcurrant powders are readily used in functional drinks as a natural source of nutrients including minerals and vitamins is further supporting the market growth. Furthermore, consumers are becoming more health conscious and are focusing on increasing their nutritional intake to prevent chronic disorders resulting from mineral and vitamin deficiency is positively impacting the market growth. Growing demand from pharmaceutical and cosmetics industry is expected to show huge market opportunities during the forecast period.
Based on type, the Blackcurrant Powder market has been segmented into Conventional, and Organic. Furthermore, by application, the Blackcurrant Powder market has been bifurcated into Food and Beverage, Cosmetics, and Pharmaceutical. The xx segment type is expected to value for a major market share with XX% in 2018. However, xx is anticipated to exhibit the largest market share with XX% in 2018.
Geographically, global Blackcurrant Powder market has been segregated into regions including North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Among all, Asia Pacific leads the global Blackcurrant Powder market with XX% market share in 2018. The growth of the market in this region is primarily driven by increased demand from end-use industries and rapid economic development.
The report further offers detailed competitive analysis of the top key players that are trending in the market. The list of the players that are featured in the report are FutureCeuticals, Connoils, Waitaki Biosciences, LYO FOOD GmbH, New Zealand Pharmaceuticals Limited and CropPharms, LLC.
The Global Blackcurrant Powder Market Segmentation:
Global Blackcurrant Powder Market: Type Analysis
Global Blackcurrant Powder Market: Application Analysis
• Food and Beverage
Global Blackcurrant Powder Market: Regional Analysis
• North America (U.S., Canada, Mexico)
• Europe (U.K., France, Germany, Spain, Italy and Rest Of Europe)
• Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
• Latin America (Brazil, Argentina, Colombia and Rest of L.A.)
• Middle East And Africa (Turkey, GCC, UAE and South Africa Rest of Middle East)