The global market of blackcurrant powder is estimated to be valued at USD 1,142.4 million in 2024 and is anticipated to reach USD 2,106.5 million by 2034, growing at a CAGR of 6.3% from 2024 to 2034.
Blackcurrant, also known as Ribes nigrum, is a cluster of tiny, seed-filled berries with a glossy dark purple color. Blackcurrant powder is made by drying and grinding the entire fruit to a fine powder. The powdered form of the blackcurrant fruit increases the shelf life and versatility of blackcurrant making it an ingredient of various foods, beverages, cosmetics, and nutraceutical products.
Blackcurrant is a superfood with various vitamins, minerals, and antioxidants. It is particularly high in Vitamin C and an antioxidant called anthocyanin, blackcurrant has 4 times the amount of Vitamin C that of an Orange and almost double the amount of anthocyanin as that of blueberry.
A significant reason for the growth of the blackcurrant powder market is consumers are becoming more health-conscious. These consumers demand products that not only provide basic nutrition but also some additional benefits where blackcurrant powder comes into play. Blackcurrant powder is versatile as it can be used in many applications raising its demand more in the market.
| Attributes | Description |
|---|---|
| Estimated Global Blackcurrant Powder Market Size (2024E) | USD 1,142.4 million |
| Projected Global Blackcurrant Powder Market Value (2034F) | USD 2,106.5 million |
| Value-based CAGR (2024 to 2034) | 6.3% |
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The Growing Health-Awareness Trend
Growing awareness of health and wellness is likely to be one of the key drivers of the black currant powder market. In most people's attempts to add more nutrient-dense foods to their diets, black currant powder stands out above them all with its very high amounts of antioxidants, different vitamins, and minerals.
This awareness drives demand for products supporting immune function, cardiovascular health, and overall well-being. This resultantly places black currant powder more and more in health supplements, smoothies, and functional foods for health-conscious consumers in search of effective dietary enhancements in a natural way.
Rising Demand for Functional Foods
The trend toward functional foods is shifting the dynamics in black currant powder markets, as consumers seek added health benefits within products to move beyond simple nutrition. Black currant powder may help in metabolic health, supporting brain function, and anti-inflammatory effects.
With the rising demand for functional ingredients, manufacturers are formulating products that include black currant powder in such items as beverages, snacks, and dietary supplements to cater to changing tastes among health-oriented consumers.
Organic and Clean-label: Trend of Eat Natural and Healthy
One of the leading trends in the black currant powder market today is probably the shift to organic and clean-label products, driven by consumer demand for transparency and sustainability. As more people are knowledgeable today about the health risks that come from synthetic additives and processed foods, demand for organic black currant powder has gone up.
This is further forcing manufacturers to look into the addition of sustainable sourcing and clean label options within their products, making sure that the offering aligns with the expectations of consumers demanding natural and less processed ingredients in their diet.
The global blackcurrant market has shown a strong sales outlook for a few years with a compounded annual growth rate (CAGR) of 5.6% from 2019 to 2023. Looking ahead, the market is forecasted to continue its upward trajectory, with an anticipated CAGR of 6.3% from 2024 to 2034, projecting a market size of approximately USD 2,106.5 million by 2030.
Several factors have contributed to the increasing sales of blackcurrant powder, with growing awareness about its health benefits perhaps foremost-high content of both vitamin C and powerful antioxidants. Another historic exclusion, a ban that now has been lifted, existed over blackcurrant cultivation in North America, greatly enlarging the scope of its market potential.
This type of fruit had previously been forbidden, as blackcurrants had been associated with white pine blister rust, a disease that presented a danger to local pine forests. Now, after this ban is lifted, North American manufacturers are allowed to grow and sell blackcurrants more widely, thus increasing the volume of blackcurrant powder on the market.
Other factors that might further drive sales of blackcurrant powder forward into 2024 and beyond are the rising trends in clean-label products. In light of the increasing percentage of consumers who seek to know the source of their ingredients and how they are processed, the natural profile of blackcurrant powder appeals to them.
Furthermore, new developments in formulations of products and advertisements emphasizing how blackcurrant powder can be used in various ways-from dietary supplements and functional beverages to skincare products-can easily attract consumers. Increased accessibility, coming as a result of growth in e-commerce channels and health-oriented retail stores, will support sales growth in both mature and emerging markets.
Principal Consultant
Companies at the top in blackcurrant powder, such as Arctic Power Berries, NutriCargo LOOV Food, and FutureCeuticals Inc., have huge market presence, large distribution networks, and major investments in research and development.
Most of those companies are known for having advanced processing technologies, with better sourcing practices, hence being able to offer superior products that are safer and of higher quality. With a reputation developed over time, coupled with the capability of continuous innovation and differentiating within that industry would easily be possible, and large market shares could be held by satisfying the wide-ranging consumer needs.
Most of the tier 2 companies, such as LYO FOOD Sp. z o.o., CurrantC LLC, and Z Natural Foods, LLC, have minimal market presence but have growth potential. Companies belonging to this tier typically focus on niches or segments within markets and may have products that enable them to have some sort of claim on a certain group of customers.
What they lack in resources and brand recognition compared to Tier 1 companies, they more than make up for it in speed and the ability to make money as the market shifts. Manufacturers of this tier pay for quality and customer satisfaction which will make them very well-positioned for future growth as demand for blackcurrant powder grows.
The Tier 3 companies are usually the small, locally producing companies and startups oriented toward niche markets or local regional demands in the blackcurrant powder market. In most cases, they are characterized by limited geographical reach and sometimes even participate in unorganized markets, which restricts their ability to scale up the business.
They have great performance regarding the needs of local consumers with good quality, specialized, or organic options. Most of the health-conscious buyers will relate to this. This is where they have an edge while players in Tier 1 and Tier 2 have a full set of resources and strong brand recognition, their adaptability, and targeting local consumers can easily help them be more favored locally.
| Countries | CAGR 2024 to 2034 |
|---|---|
| United States | 4.3% |
| Germany | 3.9% |
| Japan | 5.9% |
| China | 4.6% |
| India | 7.3% |
In the United States, the powdered blackcurrants market has been a big market due to increasing health awareness and demand for functional foods. Additionally, increasing product lines by companies like FutureCeuticals and CurrantC LLC have largely supported this expansion. At the same time, historical bans on blackcurrant cultivation have been lifted. Therefore, with the growing demand for natural and nutrient-rich ingredients, the blackcurrant powder market in the United States is expected to grow.
China's blackcurrant powder market is growing along with the health-conscious trend in superfoods. The demand for innovative products to suit local tastes thus puts domestic players at the lead. Changes in traditional dietary habits toward Western ones and an increasing commonness of chronic diseases drive interest in functional foods, leaving room for blackcurrant powder as a value addition in the offerings of the Chinese market.
Germany leads the European market in blackcurrant powder and is known for its emphasis on quality and innovation. Companies are making premium products for health-conscious consumers. The German manufacturers, focusing much on natural ingredients and proven health benefits, are broadening their offerings across various applications, from dietary supplements to functional beverages, driving the market growth in the process.
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| Segment | Beverages (End-Use Type) |
|---|---|
| Value Share (2024) | 34.2% |
The beverage category is the largest end-use segment of blackcurrant powder due to its versatility and health benefits. With increasing demand from consumers for beverages that are at once nutritious and deliciously flavored, blackcurrant powder brings value addition to smoothies, juices, and functional beverages.
With rising health consciousness and demand for natural ingredients, the overall beverage category in the blackcurrant market is only gaining more attention. Health-benefiting beverages are seeing huge interest from consumers, and an increasing search for beverages that help boost immunity, especially with the high antioxidant count, is making blackcurrant powder quite appetizing.
Again, the trend toward functional foods and beverages, coupled with innovative product formulations, is fueling blackcurrant powder growth in a lot of drink applications and further developing its market position.
| Segment | Conventional (Nature Type) |
|---|---|
| Value Share (2024) | 66.3% |
Conventional blackcurrant powder currently dominates sales in this market segment. It shows a greater acceptance and demand for the product by consumers. This trend is based on its relatively lower price and wider availability in comparison with organic ones.
The overall conventional segment of the blackcurrant market is on a significant growth path because of its cost-effective nature and applicability in multiple industries. Some of the major applications of conventional blackcurrant powder include food and beverages, cosmetics, and dietary supplements that attract a large number of consumers.
Some driving forces of this segment include the growing demand for functional ingredients and the availability of varieties of blackcurrants. This along with the need to fulfill large-scale production demands without the strict requirements for organic certifications will further contribute to growth in conventional blackcurrant powder in the market.
The competition outlook for the blackcurrant market is fragmented in nature, as it contains organized and unorganized players. Tier 1 companies dominate the market with their well-established brands and large distribution networks. Meanwhile, several small producers and startups also contribute to the market. This kind of diversity gives way to innovation and competition, offering a wide range of products to consumers. The unorganized segment, however, might be the reason for quality and price variation and hence affect overall market dynamics.
Recent Developments in the Blackcurrant Market
The Blackcurrant Powder Market is valued at US$ 1,572.7 million for 2023.
The Blackcurrant Powder Market valuation is expected to be US$ 2,896.8 million in the year 2023.
The value of CAGR for the Blackcurrant Powder Market is estimated to be 6.3%.
The Organic Blackcurrant Powder segment would garner a significant market value share by 2023.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. By Nature 6.2. By End-Use Application 6.3. By Distribution Channel 7. Global Market Analysis and Forecast, By Nature 7.1. Organic 7.2. Conventional 8. Global Market Analysis and Forecast, By End-Use Application 8.1. Food 8.1.1. Bakery 8.1.2. Dessert and Ice-cream 8.1.3. Sauces & Seasonings 8.1.4. Meat & Egg Replacement 8.1.5. Beverages 8.1.6. Flavoring & Coatings 8.1.7. Snacks & Meals 8.2. Beverages 8.2.1. Sports Drinks 8.2.2. Functional Beverage 8.2.3. Fruit Juices 9. Global Market Analysis and Forecast, By Distribution Channel 9.1. Direct Sales 9.2. Indirect Sales 9.2.1. Modern Trade 9.2.2. Convenience Stores 9.2.3. Independent Grocery Retailers 9.2.4. Specialty Food Stores 9.2.5. Online Retail 9.2.6. Other Retail Formats 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Europe 10.4. East Asia 10.5. South Asia 10.6. Oceania 10.7. Middle East and Africa 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Europe Sales Analysis and Forecast, by Key Segments and Countries 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries 15. South Asia Sales Analysis and Forecast, by Key Segments and Countries 16. Oceania Sales Analysis and Forecast, by Key Segments and Countries 17. Middle East and Africa Sales Analysis and Forecast, by Key Segments and Countries 18. Sales Forecast by Nature, End-Use Application, and Distribution Channel for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. Arctic Power Berries 20.2. LOOV Food 20.3. LYO FOOD Sp. z o.o 20.4. FutureCeuticals 20.5. CurrantC LLC 20.6. Z Natural Foods, LLC 20.7. Active Micro Technologies 20.8. LLC (AMT) 20.9. Waitaki Bio 20.10. ConnOils LLC 20.11. Northwest Wild Foods 20.12. Whitestone Mountain Orchard 20.13. NutriCargo 20.14. Artemis Nutraceutical
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Blackcurrant Powder Market
