
Global Pure Black Currant Powder Market – Industry Trends and Forecast to 2030
Report ID: MS-2055 | Food and Beverages | Last updated: Nov, 2024 | Formats*:

Pure Black Currant Powder Report Highlights
Report Metrics | Details |
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Forecast period | 2019-2030 |
Base Year Of Estimation | 2023 |
Growth Rate | CAGR of 8.20% |
Key Market Players |
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By Region |
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Pure Black Currant Powder Market Trends
There has been a marked health and wellness trend in the pure black currant powder market as consumers tend to gravitate towards natural and nourishing ingredients. Functional foods that enhance immune health and well-being will appeal to many, given the fact that black currants are great sources of antioxidants, vitamins, and minerals. This is increasing the uptake of pure black currant powder for a range of uses from dietary supplements, smoothies, and health foods as consumers are more focused on products that help in nutritional improvement. The pure black currant powder market has also witnessed the emergence of another important trend in the form of clean label and plant-based products. Given the growing number of consumers who are turning vegetarian and, then, vegan, there is a desire to have ingredients that are plant-based yet offer taste, colour, and nutritional value. There is, however, a place for pure black currant powder here, as it is one’s go-to product whenever one is looking for a natural, gluten-free, or organic product.Pure Black Currant Powder Market Leading Players
The key players profiled in the report are Arctic Power Berries (U.K.), Artemis International – Specialists in Berryceuticals (U.S.), CURRANTC (U.S.), LOOV Organic LLC (U.S.), LYOFOOD Sp. z o.o. (Poland), NutriCargo LLC. (U.S.), VDF FutureCeuticals, Inc. (U.S.), Whitestone Mountain Orchard (U.S.)Growth Accelerators
The market for pure black currant powder is mainly fuelled by growing consumer concerns about health and wellness connected with black currants. Black currant is rich in antioxidants, vitamins, and minerals and is believed to enhance immune health, improve skin health, and suppress inflammation. As more and more consumers look for natural and functional food ingredients, the need for pure black currant powder has increased across many sectors, such as dietary supplements, smoothies, and health snacks. This trend is further corroborated by the clean label movement, whereby consumers are fond of products that do not go through a lot of processing and contain ingredients that they can recognize. The increasing inclination towards plant-based diets and veganism is another important factor that is propelling the pure black currant powder market. As such lifestyles are embraced by more and more people, there is a growing need for healthy and holistic substitutes for everyday cooking food components. For this reason, pure black currant powder is a good ingredient for many recipes, as it encourages healthy eating while adding colour and lavor. These health trends and the alteration of the preferences of consumers are anticipated to push the growth of the pure black currant powder market over the forecast period.Pure Black Currant Powder Market Segmentation analysis
The Global Pure Black Currant Powder is segmented by Application, and Region. . The Application segment categorizes the market based on its usage such as Food and Beverages, Personal Care and Cosmetics, Pharmaceuticals, Dietary Supplements, Others. Geographically, the market is assessed across key Regions like North America(United States.Canada.Mexico), South America(Brazil.Argentina.Chile.Rest of South America), Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe), Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific), MEA(Middle East.Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.Competitive Landscape
This upsurge can be attributed to the rising levels of understanding regarding health among consumers, specifically the benefits of consuming black currants, which are loaded with vitamin C and antioxidants. Blackcurrant prohibition, especially in North America, has seen the uplift of historical bans, and this has increased the market potential extensively and thus more production and more distribution. From a domestic standpoint, the market comprises both the existing players as well as many new entrants within the industry. Major market participants include Arctic Power Berries, FutureCeuticals, LOOV Food, and CurrantC LLC, which enhance the quality of their products through research activities and have well-established distribution channels. The market has been divided into two segments as per the composition type: organic and conventional, wherein the conventional black currant powder is the most preferred because of its affordable pricing and wide availability. Experts suggest that with the consistent rise in demand for organic products, more and more companies are concerned about sustainable sourcing due to consumer preference. During the forecast period, the APAC region is expected to grow at a fast pace due to increasing disposable incomes and health awareness among consumers, which will also foster competition in the industry.Challenges In Pure Black Currant Powder Market
The market offering pure blackcurrant powder is also not immune from various obstacles, especially those relating to sourcing and the supply chain. For example, the farming of black currants can be weather-dependent, and overreliance on external supply can lead to immense problems as crops’ production levels are likely to vary. Consequently, such factors might lead to price fluctuations and shortages in supply, and manufacturers find it hard to sustain certain production levels consistently even with rising demand for black current products. Another prevailing issue in the black currant powder market that is worth mentioning is the threat posed by other powders and superfoods such as acai and spirulina powders, which appeal to health buffs. With emerging market trends and enhanced available options, making black currant powder stand out amongst its rivals in terms of health benefits, taste, and other uses is a must for the players in the market. This environment necessitates the companies to fight hard, innovate, and use branding strategies in order to gain and keep the market.Risks & Prospects in Pure Black Currant Powder Market
The emerging market for pure black currant powder is mainly attributable to the increased consumer preference for natural and healthy food sources. Since many people are health conscious nowadays, there is a demand for superfoods that come with health benefits, and black currant powder is known to contain high levels of antioxidants, vitamins, and minerals in it. This paves the way for product development as the powder can be infused in numerous products like smoothies, health supplements, snacks, as well as baked foods. Growing functional foods and beverages is yet another aspect that presents the blackcurrant powder market with a new opportunity as it can be used to prepare healthy drinks that, for example, have health benefits of boosting the immune system or supporting heart health. The growing concern over health issues and taking dietary supplements among sportspeople and other health seekers creates an opportunity for blackcurrant powder manufacturers to come up with specific products. With the help of these tendencies, the demand for pure black currant powder, which is on the rise, together with the needs of health-conscious consumers, can be satisfied by the business enterprises.Key Target Audience
The primary audience for the pure blackcurrant powder market pertains to consumers with a love for fitness and health who use supplements and superfoods for diet enhancement. This audience appreciates the nutritional values of the blackcurrant powder, which contains vitamins, antioxidants, and essential fatty acids. As the consumers’ understanding of culinary superfoods grows bordering on overconsumption, it becomes very common to add blackcurrant powder to smoothies, juices, and various dishes, turning it into a food product aimed at promoting better health whatsoever.,, Another important chunk of the target customer base for pure black currant powder are also the food and drink manufacturing businesses that would wish to diversify their product range. Such businesses include the health food, snack, and beverage companies that seek to produce functional and delicious products for health-conscious consumers. This powder can be incorporated as a natural colouring agent, a flavouring substance, or an active therapeutic agent in products such as yoghurts, energy bars, or dietary supplements. In addition, cosmetics and personal care product manufacturers might also consider using black currant powder in skin care products due to its skin protective antioxidant activity, thus widening the scope and the audience of the market.Merger and acquisition
In the latest evolution of the market for pure black currant powder across the globe, focus on strategic mergers and acquisitions has intensified as companies seek to bolster their existing product lines and gain entry into new markets. By way of illustration, some of the major players have bundled together in order to sell a joint production and distribution system. Z Natural Foods and FutureCeuticals, among other companies, have also been looking for partners in order to resolve supply chain issues and develop new products with a high health factor. All these attempts find their reason in the changing food consumption habits of individuals who are more inclined towards natural organic products rather than unnatural ones, which in turn affects how competition within the market is organized. Apart from that, the market also recognises other acquisitions of a more strategic nature tied to the aim of resource pooling and creating the edge over competition. For instance, Arctic Power Berries has sought to purchase several smaller brands in order to expand the range of offerings that includes berry products such as black currant powder. This phenomenon is consistent with previous observations made whereby manufacturers also seek to collect and refine more raw materials to enhance their ability to produce finished products.- 1.1 Report description
- 1.2 Key market segments
- 1.3 Key benefits to the stakeholders
2: Executive Summary
- 2.1 Pure Black Currant Powder- Snapshot
- 2.2 Pure Black Currant Powder- Segment Snapshot
- 2.3 Pure Black Currant Powder- Competitive Landscape Snapshot
3: Market Overview
- 3.1 Market definition and scope
- 3.2 Key findings
- 3.2.1 Top impacting factors
- 3.2.2 Top investment pockets
- 3.3 Porter’s five forces analysis
- 3.3.1 Low bargaining power of suppliers
- 3.3.2 Low threat of new entrants
- 3.3.3 Low threat of substitutes
- 3.3.4 Low intensity of rivalry
- 3.3.5 Low bargaining power of buyers
- 3.4 Market dynamics
- 3.4.1 Drivers
- 3.4.2 Restraints
- 3.4.3 Opportunities
4: Pure Black Currant Powder Market by Application / by End Use
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Food and Beverages
- 4.2.1 Key market trends, factors driving growth, and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Personal Care and Cosmetics
- 4.3.1 Key market trends, factors driving growth, and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
- 4.4 Pharmaceuticals
- 4.4.1 Key market trends, factors driving growth, and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market share analysis by country
- 4.5 Dietary Supplements
- 4.5.1 Key market trends, factors driving growth, and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market share analysis by country
- 4.6 Others
- 4.6.1 Key market trends, factors driving growth, and opportunities
- 4.6.2 Market size and forecast, by region
- 4.6.3 Market share analysis by country
5: Pure Black Currant Powder Market by Nature
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Organic
- 5.2.1 Key market trends, factors driving growth, and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 Conventional
- 5.3.1 Key market trends, factors driving growth, and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
6: Pure Black Currant Powder Market by Distribution Channel
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Offline
- 6.2.1 Key market trends, factors driving growth, and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market share analysis by country
- 6.3 Online
- 6.3.1 Key market trends, factors driving growth, and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market share analysis by country
7: Pure Black Currant Powder Market by Region
- 7.1 Overview
- 7.1.1 Market size and forecast By Region
- 7.2 North America
- 7.2.1 Key trends and opportunities
- 7.2.2 Market size and forecast, by Type
- 7.2.3 Market size and forecast, by Application
- 7.2.4 Market size and forecast, by country
- 7.2.4.1 United States
- 7.2.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.2.4.1.2 Market size and forecast, by Type
- 7.2.4.1.3 Market size and forecast, by Application
- 7.2.4.2 Canada
- 7.2.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.2.4.2.2 Market size and forecast, by Type
- 7.2.4.2.3 Market size and forecast, by Application
- 7.2.4.3 Mexico
- 7.2.4.3.1 Key market trends, factors driving growth, and opportunities
- 7.2.4.3.2 Market size and forecast, by Type
- 7.2.4.3.3 Market size and forecast, by Application
- 7.2.4.1 United States
- 7.3 South America
- 7.3.1 Key trends and opportunities
- 7.3.2 Market size and forecast, by Type
- 7.3.3 Market size and forecast, by Application
- 7.3.4 Market size and forecast, by country
- 7.3.4.1 Brazil
- 7.3.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.3.4.1.2 Market size and forecast, by Type
- 7.3.4.1.3 Market size and forecast, by Application
- 7.3.4.2 Argentina
- 7.3.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.3.4.2.2 Market size and forecast, by Type
- 7.3.4.2.3 Market size and forecast, by Application
- 7.3.4.3 Chile
- 7.3.4.3.1 Key market trends, factors driving growth, and opportunities
- 7.3.4.3.2 Market size and forecast, by Type
- 7.3.4.3.3 Market size and forecast, by Application
- 7.3.4.4 Rest of South America
- 7.3.4.4.1 Key market trends, factors driving growth, and opportunities
- 7.3.4.4.2 Market size and forecast, by Type
- 7.3.4.4.3 Market size and forecast, by Application
- 7.3.4.1 Brazil
- 7.4 Europe
- 7.4.1 Key trends and opportunities
- 7.4.2 Market size and forecast, by Type
- 7.4.3 Market size and forecast, by Application
- 7.4.4 Market size and forecast, by country
- 7.4.4.1 Germany
- 7.4.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.1.2 Market size and forecast, by Type
- 7.4.4.1.3 Market size and forecast, by Application
- 7.4.4.2 France
- 7.4.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.2.2 Market size and forecast, by Type
- 7.4.4.2.3 Market size and forecast, by Application
- 7.4.4.3 Italy
- 7.4.4.3.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.3.2 Market size and forecast, by Type
- 7.4.4.3.3 Market size and forecast, by Application
- 7.4.4.4 United Kingdom
- 7.4.4.4.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.4.2 Market size and forecast, by Type
- 7.4.4.4.3 Market size and forecast, by Application
- 7.4.4.5 Benelux
- 7.4.4.5.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.5.2 Market size and forecast, by Type
- 7.4.4.5.3 Market size and forecast, by Application
- 7.4.4.6 Nordics
- 7.4.4.6.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.6.2 Market size and forecast, by Type
- 7.4.4.6.3 Market size and forecast, by Application
- 7.4.4.7 Rest of Europe
- 7.4.4.7.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.7.2 Market size and forecast, by Type
- 7.4.4.7.3 Market size and forecast, by Application
- 7.4.4.1 Germany
- 7.5 Asia Pacific
- 7.5.1 Key trends and opportunities
- 7.5.2 Market size and forecast, by Type
- 7.5.3 Market size and forecast, by Application
- 7.5.4 Market size and forecast, by country
- 7.5.4.1 China
- 7.5.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.1.2 Market size and forecast, by Type
- 7.5.4.1.3 Market size and forecast, by Application
- 7.5.4.2 Japan
- 7.5.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.2.2 Market size and forecast, by Type
- 7.5.4.2.3 Market size and forecast, by Application
- 7.5.4.3 India
- 7.5.4.3.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.3.2 Market size and forecast, by Type
- 7.5.4.3.3 Market size and forecast, by Application
- 7.5.4.4 South Korea
- 7.5.4.4.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.4.2 Market size and forecast, by Type
- 7.5.4.4.3 Market size and forecast, by Application
- 7.5.4.5 Australia
- 7.5.4.5.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.5.2 Market size and forecast, by Type
- 7.5.4.5.3 Market size and forecast, by Application
- 7.5.4.6 Southeast Asia
- 7.5.4.6.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.6.2 Market size and forecast, by Type
- 7.5.4.6.3 Market size and forecast, by Application
- 7.5.4.7 Rest of Asia-Pacific
- 7.5.4.7.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.7.2 Market size and forecast, by Type
- 7.5.4.7.3 Market size and forecast, by Application
- 7.5.4.1 China
- 7.6 MEA
- 7.6.1 Key trends and opportunities
- 7.6.2 Market size and forecast, by Type
- 7.6.3 Market size and forecast, by Application
- 7.6.4 Market size and forecast, by country
- 7.6.4.1 Middle East
- 7.6.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.6.4.1.2 Market size and forecast, by Type
- 7.6.4.1.3 Market size and forecast, by Application
- 7.6.4.2 Africa
- 7.6.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.6.4.2.2 Market size and forecast, by Type
- 7.6.4.2.3 Market size and forecast, by Application
- 7.6.4.1 Middle East
- 8.1 Overview
- 8.2 Key Winning Strategies
- 8.3 Top 10 Players: Product Mapping
- 8.4 Competitive Analysis Dashboard
- 8.5 Market Competition Heatmap
- 8.6 Leading Player Positions, 2022
9: Company Profiles
- 9.1 Arctic Power Berries (U.K.)
- 9.1.1 Company Overview
- 9.1.2 Key Executives
- 9.1.3 Company snapshot
- 9.1.4 Active Business Divisions
- 9.1.5 Product portfolio
- 9.1.6 Business performance
- 9.1.7 Major Strategic Initiatives and Developments
- 9.2 Artemis International – Specialists in Berryceuticals (U.S.)
- 9.2.1 Company Overview
- 9.2.2 Key Executives
- 9.2.3 Company snapshot
- 9.2.4 Active Business Divisions
- 9.2.5 Product portfolio
- 9.2.6 Business performance
- 9.2.7 Major Strategic Initiatives and Developments
- 9.3 CURRANTC (U.S.)
- 9.3.1 Company Overview
- 9.3.2 Key Executives
- 9.3.3 Company snapshot
- 9.3.4 Active Business Divisions
- 9.3.5 Product portfolio
- 9.3.6 Business performance
- 9.3.7 Major Strategic Initiatives and Developments
- 9.4 LOOV Organic LLC (U.S.)
- 9.4.1 Company Overview
- 9.4.2 Key Executives
- 9.4.3 Company snapshot
- 9.4.4 Active Business Divisions
- 9.4.5 Product portfolio
- 9.4.6 Business performance
- 9.4.7 Major Strategic Initiatives and Developments
- 9.5 LYOFOOD Sp. z o.o. (Poland)
- 9.5.1 Company Overview
- 9.5.2 Key Executives
- 9.5.3 Company snapshot
- 9.5.4 Active Business Divisions
- 9.5.5 Product portfolio
- 9.5.6 Business performance
- 9.5.7 Major Strategic Initiatives and Developments
- 9.6 NutriCargo LLC. (U.S.)
- 9.6.1 Company Overview
- 9.6.2 Key Executives
- 9.6.3 Company snapshot
- 9.6.4 Active Business Divisions
- 9.6.5 Product portfolio
- 9.6.6 Business performance
- 9.6.7 Major Strategic Initiatives and Developments
- 9.7 VDF FutureCeuticals
- 9.7.1 Company Overview
- 9.7.2 Key Executives
- 9.7.3 Company snapshot
- 9.7.4 Active Business Divisions
- 9.7.5 Product portfolio
- 9.7.6 Business performance
- 9.7.7 Major Strategic Initiatives and Developments
- 9.8 Inc. (U.S.)
- 9.8.1 Company Overview
- 9.8.2 Key Executives
- 9.8.3 Company snapshot
- 9.8.4 Active Business Divisions
- 9.8.5 Product portfolio
- 9.8.6 Business performance
- 9.8.7 Major Strategic Initiatives and Developments
- 9.9 Whitestone Mountain Orchard (U.S.)
- 9.9.1 Company Overview
- 9.9.2 Key Executives
- 9.9.3 Company snapshot
- 9.9.4 Active Business Divisions
- 9.9.5 Product portfolio
- 9.9.6 Business performance
- 9.9.7 Major Strategic Initiatives and Developments
10: Analyst Perspective and Conclusion
- 10.1 Concluding Recommendations and Analysis
- 10.2 Strategies for Market Potential
Scope of Report
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By Application |
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By Nature |
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By Distribution Channel |
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Frequently Asked Questions (FAQ):
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