Black Currant Powder Market Synopsis

Black Currant Powder Market Size Was Valued at USD 1.11 Billion in 2023, and is Projected to Reach USD 1.92 Billion by 2032, Growing at a CAGR of 6.30%  From 2024-2032.

Black currant powder is a highly processed fine powdery product made from the dried black currants (Ribes Nigrum) which are a dark purple berries rich in vitamins and antioxidants. The powder is prepared by drying and milling the berries, which provides a potent concentrate of the fruit yet preserving its most healthful fractions.                  

• The market for black currant powder has significant growth in the last few years due to rising consumer knowledge of the ORAC value and health benefits derived from black currant. It contains antioxidants with vitamins and minerals and is famed for the immune booster that it is, a heart protector and a body booster. The shift towards natural and organic literally continues to drive the black currant powder consumption even further since many people are looking for organic rather than synthetic multivitamin. Also, the increasing trend toward taking plant-based meals has made black currant powder suitable in many forms of food and drinks such as smoothies, supplements, snacks, and functional foods among others.
• Based on geography, North America has been the largest market for black currant powder owing to the awareness and health proactive consumers present in the region and thriving companies. Still, the Asia-Pacific market is expected to show better performance in future over the years, mainly due to higher disposable income, shift in the dietary preferences and, finding importance in preventive healthcare. The market participants are working towards the product differentiation strategies, including, bringing in new flavors, and blends into the market. Furthermore, linkages and affiliations of the companies with different health and wellness brands are getting more conventional as channels of distribution and market coverage. In totality, the black currant powder market is expected to build a fairly healthy future due to increasing demands related to health, new development, and diversified uses in the food and beverage sector.

Black Currant Powder Market Trend Analysis

Health Benefits and Versatility

• Contained in black currant powder there are more and more identified nutrients such as antioxidant, vitamin C, and the essential fatty acids. They also have several effects on the organism’s health, including the strengthen of the immune system, the improvement of the function of the cardiovascular system, and the eye function. As people shifted toward a healthier lifestyle, they tend to use vitamins as necessary, such that black currant powder has a ready market due to its natural ingredients. Perhaps their convenient powdered delivery system of these benefits is especially attractive to the lay consumer interested in improving his or her general health, as well as athletes and body builders interested in safe performance enhancing foods. Besides, with each passing day, different literature discovering the many different health benefits of black currant, it cements the position of this ingredient as part of the functional foods category.
• While focusing its health benefits, black currant powder has been widely used in many product segments in the food and beverages industry. It can be used in smoothies, protein shakes, health bars, and baked products and food manufacturers are also laying emphasis on it, due to its appealing colour and taste. The abovementioned trend is in tandem with the shift in the market regarding clean label products where ingredient information is topmost priority. The overwhelming trends that consumers have been seeking, items with identifiable and natural ingredients, and no preservatives and additives. The health-conscious population is focusing more on plant-based dietary products, so there is room in applications for black currant powder among vegan and vegetarian consumers. In light of more progressive changes to this sector, the multifunctionality of black currant powder in different types of dishes makes it an important product for food developers and manufacturers interested in catering for today’s health-conscious consumers.

The Rise of Functional Foods and Health-Conscious Alternatives in Black Currant Powder

• Functional foods and beverages are gaining traction in the world and this is having a huge impact onthe black currant powder market. The consumers are challenging the providers with demands for foods and services that would not only feed them but give particular health qualities. This has led to manufacturers looking for new ways or creating new products that contain black currant powder, because of the power-packed antioxidants and other health benefits that black currant has to offer. For instance, food supplements containing the black currant powder are being sold for different uses like boosting the immune system, increasing energy, and better heart and vascular health. Since consumers gain increased knowledge about the benefits of functional ingredients for health improvement, the application of black currant powder as a value-added nutritious element expands food industries’ interest in product innovation in functional snack foods, drinks, and dietary supplements.
• Also, thanks to the increase in the number of diseases related to improper nutrition, such as obesity and diabetes, the buying public has become more concerned with their diet. Black currant powder being natural in nature and holding many nutrients can be seen as fitting in with this trend allowing people to manage there health in a proactive manner. The popularity of the aim at preventing diseases also catalyses the requirement of using black currant powder in products. In addition, online retail stores and e-commerce stores have continued to develop meaning that the consumer has improved chances of accessing the black currant products. Such dynamic change of the consumer behavior when it comes to shopping and especially with the influence of the pandemic, let the customers navigate and buy these products without any hassle, propelling the market even further. With more people beginning to know the nutrition value and health benefits of black currant, demand is expected to grow tremendously within the near future more especially with consumers who are more conscious with their diets and also brands that are on the lookout for better products to market in the market.

Black Currant Powder Market Segment Analysis:

Black Currant Powder Market Segmented based on By Nature, By End-User and By Distribution Channel

By Nature, Organic segment is expected to dominate the market during the forecast period

• The organic segment has been growing fast especially because people have become more sensitive to health statuses and the environment. Especially, as more pay attention to the origins of products they use, organic products –those produced without the use of chemicals such as synthetic fertilizers and pesticides and without the use of genetically modified organisms (GMOs)—are gaining popularity. Although this trend is apparent in most consuming public, it is especially so with consumers’ increasing concern about health and environmentally friendly products. Organic ingredients are in high demand in industries like the food and beverages industry and the body care products industry, therefore while consumers are interested in healthier products, they are willing to pay more for products they consider safer and environmentally friendly.
• Furthermore, the progression of the organic market can be additionally attributed to an increase in the development of the organic certification authorities which enable consumers to feel confident about the actuality of the product they are going for. With graduations of farming going organic, worldwide, more farmers embrace the practice of organic farming hence offering more demand of organic items. this supply-demand factor is driving innovation and competition in the sector; different organic foods to suit the various concerns of consumers are being developed. The combined effect of these factors indicates future developments of the concern on organic segment because the product attracts more a larger pool of conscious and health conscious individual.

By End-User, Food and Beverages segment held the largest share in 2023

• The food and beverages industry is a major consumer of organic food as well as of the traditional method of farming and production methods providing a competitive market with varying demands for foods. In this sector various sub segments like bakery products, desserts, sauces, seasonings and beverages are serving important in defining the market trends. For example, bakery needs have witnessed a sharp rise in demand for organic flours and organic sweeteners due to an ever-increasing customer shift towards healthier and nutritive food products. This change has been driven by a general trend in which conscious individuals go out of their way to look for the next comparatively healthier option. Similarly, desserts and ice creams have begun to incorporate the use of organic products especially for everyone who is conscious of his/her health status yet wants to enjoy excellent desserts.
• Not only the baked goods and sweets shares are going up but sauces, and seasonings are quickly ascending at the same pace due to emerging trends of clean label products with fewer artificial preservatives. These expectations have forced the brands to work hard in the development of their products to reflect a natural minded food label. Functional beverages segment is also very dynamic especially in such categories as sport drinks and healthy oriented functional drinks. Here, brands are going for natural flavors/ ingredients, and health conscious consumer segment expecting the product to be tasty as well as healthy. This strong demand spread across the many sub-segments of the food & beverage market shows a clear shift toward organic/natural healthy food & beverages due to the emphasis on consumers’ health & wellbeing.

Black Currant Powder Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• North America also appreciable demand for the black currant powde due to the customer awareness about the super food health benefits. Knowledgeable and health-wise people are now consuming black currant powder, this is due to realisation of having antioxidants that helps to reduce oxidative stress and other related health conditions. With more and more scientific evidence on the nutritious values of black currants this includes immune boosting ability, anti inflammatory properties, and the ability to improve the heart’s health more and more consumers have developed interest. Due to the increased awareness of natural and organic food ingredients, black currant powder is getting incorporated into different health supplement, protein shake, and meal replacement products. Such change is not unique to this product but is indicative of a trend that has swept through the food industry: this is a trend where consumers are opting to use ingredients that can positively contribute to their health.
• Furthermore, due to availability of the internet as well as online store of health foods and spices and beverages, the black currant powder has become easily available. It has become easier for consumers to obtain black currant products because there is a list of black currant available on the internet for consumers to order from home. This convenience has been most useful especially when recent trends in the global health crisis has seen people opt for online purchases of food and essentials. Besides reaching more clients for the manufacturers and suppliers, e-commerce has made it easier for consumers to check on the products, the reviews, and choose the right black currant powder, which contains their necessary nutrients. The global status of black currant powder as healthy for human consumption, increased popularity of superfoods and increased availability through digital media is creating increased sales in North America.

Active Key Players in the Black Currant Powder Market

• Arctic Power Berries (U.K.)
• LOOV Organic LLC (U.S.)
• LYOFOOD Sp. z o.o. (Poland)
• VDF FutureCeuticals, Inc. (U.S.)
• CURRANTC (U.S.)
• Whitestone Mountain Orchard (U.S.)
• NutriCargo LLC. (U.S.)
• Artemis International – Specialists in Berryceuticals (U.S.) and Other Key Players

Key Industry Developments in the Black Currant Powder Market

• In March 2024, LOOV Food introduced a new pack of the organic Black currant powder in terms of health seams and versatility.
• In, January 2024, FutureCeuticals have planned to acquire Arctic Power Berries, to Not Only enhance its product portfolio but to Strengthen its position in the Black currant powder market with reference to sustainable sourcing and development.ther diversify its product line and expand its position in the Black currant powder market in support of sustainable sourcing and innovation.

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Black Currant Powder Market by Nature
 4.1 Black Currant Powder Market Snapshot and Growth Engine
 4.2 Black Currant Powder Market Overview
 4.3 Organic
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Organic: Geographic Segmentation Analysis
 4.4 Conventional
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Conventional: Geographic Segmentation Analysis

Chapter 5: Black Currant Powder Market by End-User
 5.1 Black Currant Powder Market Snapshot and Growth Engine
 5.2 Black Currant Powder Market Overview
 5.3 Food & Beverages
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Food & Beverages: Geographic Segmentation Analysis
 5.4 Personal Care
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Personal Care: Geographic Segmentation Analysis
 5.5 Cosmetics
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Cosmetics: Geographic Segmentation Analysis
 5.6 Pharmaceuticals
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Pharmaceuticals: Geographic Segmentation Analysis
 5.7 Dietary Supplements
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Dietary Supplements: Geographic Segmentation Analysis
 5.8 Others
  5.8.1 Introduction and Market Overview
  5.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.8.3 Key Market Trends, Growth Factors and Opportunities
  5.8.4 Others: Geographic Segmentation Analysis

Chapter 6: Black Currant Powder Market by Distribution Channel
 6.1 Black Currant Powder Market Snapshot and Growth Engine
 6.2 Black Currant Powder Market Overview
 6.3 Offline
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Offline: Geographic Segmentation Analysis
 6.4 Online
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Online: Geographic Segmentation Analysis

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Benchmarking
  7.1.2 Black Currant Powder Market Share by Manufacturer (2023)
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Mergers and Acquisitions
  
 7.2 ARCTIC POWER BERRIES (U.K.)
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Role of the Company in the Market
  7.2.5 Sustainability and Social Responsibility
  7.2.6 Operating Business Segments
  7.2.7 Product Portfolio
  7.2.8 Business Performance
  7.2.9 Key Strategic Moves and Recent Developments
  7.2.10 SWOT Analysis
 7.3 LOOV ORGANIC LLC (U.S.)
 7.4 LYOFOOD SP. Z O.O. (POLAND)
 7.5 VDF FUTURECEUTICALS
 7.6 INC. (U.S.)
 7.7 CURRANTC (U.S.)
 7.8 WHITESTONE MOUNTAIN ORCHARD (U.S.)
 7.9 NUTRICARGO LLC. (U.S.)
 7.10 ARTEMIS INTERNATIONAL – SPECIALISTS IN BERRYCEUTICALS (U.S.)
 7.11 OTHER KEY PLAYERS.

Chapter 8: Global Black Currant Powder Market By Region
 8.1 Overview
 8.2. North America Black Currant Powder Market
  8.2.1 Key Market Trends, Growth Factors and Opportunities
  8.2.2 Top Key Companies
  8.2.3 Historic and Forecasted Market Size by Segments
  8.2.4 Historic and Forecasted Market Size By Nature
  8.2.4.1 Organic
  8.2.4.2 Conventional
  8.2.5 Historic and Forecasted Market Size By End-User
  8.2.5.1 Food & Beverages
  8.2.5.2 Personal Care
  8.2.5.3 Cosmetics
  8.2.5.4 Pharmaceuticals
  8.2.5.5 Dietary Supplements
  8.2.5.6 Others
  8.2.6 Historic and Forecasted Market Size By Distribution Channel
  8.2.6.1 Offline
  8.2.6.2 Online
  8.2.7 Historic and Forecast Market Size by Country
  8.2.7.1 US
  8.2.7.2 Canada
  8.2.7.3 Mexico
 8.3. Eastern Europe Black Currant Powder Market
  8.3.1 Key Market Trends, Growth Factors and Opportunities
  8.3.2 Top Key Companies
  8.3.3 Historic and Forecasted Market Size by Segments
  8.3.4 Historic and Forecasted Market Size By Nature
  8.3.4.1 Organic
  8.3.4.2 Conventional
  8.3.5 Historic and Forecasted Market Size By End-User
  8.3.5.1 Food & Beverages
  8.3.5.2 Personal Care
  8.3.5.3 Cosmetics
  8.3.5.4 Pharmaceuticals
  8.3.5.5 Dietary Supplements
  8.3.5.6 Others
  8.3.6 Historic and Forecasted Market Size By Distribution Channel
  8.3.6.1 Offline
  8.3.6.2 Online
  8.3.7 Historic and Forecast Market Size by Country
  8.3.7.1 Bulgaria
  8.3.7.2 The Czech Republic
  8.3.7.3 Hungary
  8.3.7.4 Poland
  8.3.7.5 Romania
  8.3.7.6 Rest of Eastern Europe
 8.4. Western Europe Black Currant Powder Market
  8.4.1 Key Market Trends, Growth Factors and Opportunities
  8.4.2 Top Key Companies
  8.4.3 Historic and Forecasted Market Size by Segments
  8.4.4 Historic and Forecasted Market Size By Nature
  8.4.4.1 Organic
  8.4.4.2 Conventional
  8.4.5 Historic and Forecasted Market Size By End-User
  8.4.5.1 Food & Beverages
  8.4.5.2 Personal Care
  8.4.5.3 Cosmetics
  8.4.5.4 Pharmaceuticals
  8.4.5.5 Dietary Supplements
  8.4.5.6 Others
  8.4.6 Historic and Forecasted Market Size By Distribution Channel
  8.4.6.1 Offline
  8.4.6.2 Online
  8.4.7 Historic and Forecast Market Size by Country
  8.4.7.1 Germany
  8.4.7.2 UK
  8.4.7.3 France
  8.4.7.4 Netherlands
  8.4.7.5 Italy
  8.4.7.6 Russia
  8.4.7.7 Spain
  8.4.7.8 Rest of Western Europe
 8.5. Asia Pacific Black Currant Powder Market
  8.5.1 Key Market Trends, Growth Factors and Opportunities
  8.5.2 Top Key Companies
  8.5.3 Historic and Forecasted Market Size by Segments
  8.5.4 Historic and Forecasted Market Size By Nature
  8.5.4.1 Organic
  8.5.4.2 Conventional
  8.5.5 Historic and Forecasted Market Size By End-User
  8.5.5.1 Food & Beverages
  8.5.5.2 Personal Care
  8.5.5.3 Cosmetics
  8.5.5.4 Pharmaceuticals
  8.5.5.5 Dietary Supplements
  8.5.5.6 Others
  8.5.6 Historic and Forecasted Market Size By Distribution Channel
  8.5.6.1 Offline
  8.5.6.2 Online
  8.5.7 Historic and Forecast Market Size by Country
  8.5.7.1 China
  8.5.7.2 India
  8.5.7.3 Japan
  8.5.7.4 South Korea
  8.5.7.5 Malaysia
  8.5.7.6 Thailand
  8.5.7.7 Vietnam
  8.5.7.8 The Philippines
  8.5.7.9 Australia
  8.5.7.10 New Zealand
  8.5.7.11 Rest of APAC
 8.6. Middle East & Africa Black Currant Powder Market
  8.6.1 Key Market Trends, Growth Factors and Opportunities
  8.6.2 Top Key Companies
  8.6.3 Historic and Forecasted Market Size by Segments
  8.6.4 Historic and Forecasted Market Size By Nature
  8.6.4.1 Organic
  8.6.4.2 Conventional
  8.6.5 Historic and Forecasted Market Size By End-User
  8.6.5.1 Food & Beverages
  8.6.5.2 Personal Care
  8.6.5.3 Cosmetics
  8.6.5.4 Pharmaceuticals
  8.6.5.5 Dietary Supplements
  8.6.5.6 Others
  8.6.6 Historic and Forecasted Market Size By Distribution Channel
  8.6.6.1 Offline
  8.6.6.2 Online
  8.6.7 Historic and Forecast Market Size by Country
  8.6.7.1 Turkey
  8.6.7.2 Bahrain
  8.6.7.3 Kuwait
  8.6.7.4 Saudi Arabia
  8.6.7.5 Qatar
  8.6.7.6 UAE
  8.6.7.7 Israel
  8.6.7.8 South Africa
 8.7. South America Black Currant Powder Market
  8.7.1 Key Market Trends, Growth Factors and Opportunities
  8.7.2 Top Key Companies
  8.7.3 Historic and Forecasted Market Size by Segments
  8.7.4 Historic and Forecasted Market Size By Nature
  8.7.4.1 Organic
  8.7.4.2 Conventional
  8.7.5 Historic and Forecasted Market Size By End-User
  8.7.5.1 Food & Beverages
  8.7.5.2 Personal Care
  8.7.5.3 Cosmetics
  8.7.5.4 Pharmaceuticals
  8.7.5.5 Dietary Supplements
  8.7.5.6 Others
  8.7.6 Historic and Forecasted Market Size By Distribution Channel
  8.7.6.1 Offline
  8.7.6.2 Online
  8.7.7 Historic and Forecast Market Size by Country
  8.7.7.1 Brazil
  8.7.7.2 Argentina
  8.7.7.3 Rest of SA

Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies

Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research