The global organic berries market size predicted to reach USD 1,016.79 million by 2027, exhibit a CAGR of 2.40% between 2020 to 2027. The growing consumption of organic fruits and vegetables will significantly raise the demand of the market in the forthcoming years, states Fortune Business Insights in a report, titled “Organic Berries Market Size, Share & Covid-19 Impact Analysis, By Type (Strawberries, Raspberries, Cranberries, Gooseberries, Blueberries, and Others), Application (Food and Beverage, Pharmaceuticals, Cosmetics, and Personal Care, and Household), Processing Type (Processed and Fresh), and Regional Forecast, 2020 – 2027” the market size stood at USD 846.89 million in 2019.
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The report on the organic berries market depicts:
- Notable insights on all the latest industry developments
- Methodical data with comprehensive research
- Market dynamics and growth exhibitors
- Meticulous information about the leading players in the market
Market Driver:
Rising Cognizance among Consumers to Aid Market Development
The increasing awareness regarding the nutritional benefits associated with organic fruits among the consumers will subsequently bolster the growth of the market during the forecast period. For instance, fruits such as strawberries, raspberries, cranberries are a rich source of dietary fibers, vitamins, and minerals along with bioactive components.
The growing health-conscious consumers will consequently contribute positively to the growth of the market. The antioxidant properties of berries reduce the risk of many infectious diseases. The rising consumption of organic berries owing to its extraordinary benefits will have a tremendous impact on the market. Moreover, the rising focus towards improving immunity and health among consumers will spur demand for vitamin-rich fruits and vegetables, which in turn, will enable speedy expansion of the market.
Market Restraint:
Expensiveness of Organic Food Products to Retard Growth
The high price of organically grown fruits can be a crucial factor limiting the growth of the market during the forecast period. Similarly, the high production cost of organic products owing to the necessity for larger labor input will simultaneously create difficulties for the market in the forthcoming years. Moreover, the constraints in organic food supply will inhibit the growth of the market during the forecast period. In addition, the volatility in the demand and supply of organic and naturally grown fruits and vegetables will subsequently dampen the growth of the market in the forthcoming years.
Regional Analysis:
Availability of Organic Fruits to Boost market in North America
The market in North America is predicted to witness substantial growth during the forecast period owing to the rising demand for organic fruits and vegetables. The high consumption of organic fruits in the U.S. and Canada will enable speedy expansion of the market in the forthcoming years. The disposal of organic fruits and vegetables in various food stores, convenience stores, and direct-to-consumer markets will have an excellent effect on the market in the region. Moreover, rising health awareness will further enhance the development of the market in the region. Similarly, the increased consumption of ready-to-eat/drink products owing to the sedentary lifestyle will augment growth in the region. Asia Pacific is predicted to rise exponentially owing to increasing awareness regarding the benefits of organic food. In addition, the growing consumption of vitamin-rich fruit and vegetable will further create new growth opportunities for the market in the region.
Gain More Insights into the Organic Berries Market Research Report:
https://www.fortunebusinessinsights.com/organic-berries-market-103191
