Global Red Berries Market Size Forecast 2024 - 2033
9 Dec, 2024
What Is The Scope Of The Global Red Berries Market?
Red berries refer to small, often round fruits that are typically red in color and come from various plants and shrubs. They are known for their sweet-to-tart flavor profiles and are rich in vitamins, antioxidants, and fiber. Red berries are widely used in cooking, baking, beverages, and as a fresh snack. Their vibrant color also makes them popular in garnishing and food decoration.
Red Berries Global Market Report 2024 provides data on the global red berries market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The red berries market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
What Are The Estimated Market Size And Expected Annual Growth Rates For Global Red Berries ?
The red berries market has experienced strong growth, expected to grow from $17.70 billion in 2023 to $18.59 billion in 2024, at a CAGR of 5.0%. This growth can be attributed to increasing demand for natural flavors, growing health-conscious consumers, the rise in wine production, and the growing importation of red berries. The market is projected to reach $22.70 billion by 2028, growing at a CAGR of 5.1%, driven by rising consumption of red berries, popularity of smoothies and juices, preference for low-calorie options, and a focus on sustainable sourcing. Key trends will include the increasing use of red berries in the food industry, technological advancements in agriculture, and the growing awareness of their health benefits.
What Are The Leading Drivers Of Growth In The Red Berries Market?
The increasing production of wine is expected to propel the growth of the red berries market. Wine production involves cultivating grapes, fermenting their juice, and transforming it into wine. This sector is expanding due to rising consumer demand and the growing popularity of premium beverages. Red berries are valuable in wine production, contributing natural sugars, tannins, and flavors that enhance the wine's complexity and aging potential. In January 2024, the Country Land and Business Association reported that the UK produced 12.2 million bottles of wine in 2022, with projections to reach 24.7 million bottles by 2032. As a result, the growing production of wine is driving the red berries market.
Get Your Free Sample of the Global Red Berries Market ReportHow Are The Segments Defined Within The Global Red Berries Market?
The red berries market covered in this report is segmented –
1) By Type: Red Raspberry, Cherry, Strawberry, Grapes, Other Types
2) By Nature: Organic, Conventional
3) By Form: Powder, Puree, Juice Concentrate, Other Forms
4) By Application: Bakery, Dairy, Confectionary, Beverage, Other Applications
5) By End-User: Bulk, Retail
How Are New Trends Expected To Influence The Growth Of The Red Berries Market?
Key players in the red berries market are adopting sustainable farming practices like vertical farming to tackle challenges such as limited land availability, water scarcity, and environmental impact. Vertical farming involves growing crops in stacked layers, optimizing land use and resource efficiency. In June 2024, Oishii, a US-based company specializing in indoor vertical strawberry farming, launched the 237,500-square-foot Amatelas Farm. This facility utilizes nearly 50 AI-driven robots to enhance growing conditions and is powered primarily by energy from a 50-acre solar field. Producing 20 times more berries than traditional farms, it uses 95% less water and eliminates pesticide use. Year-round production ensures a steady supply while addressing sustainability and supply chain issues.
Which Region Drives The Highest Growth In The Red Berries Market?
Europe was the largest region in the red berries market in 2023. The regions covered in the red berries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.