Cranberry Extract Market Overview
Cranberry Extract Market was valued at USD 97.98 Million in 2019 and is expected to reach USD 121.59 Million by the year 2026, at a CAGR of 3.16%.
Cranberry extract has always been widely used for reducing the risk of “bladder infections”, it contains proanthocyanidins, which makes it impossible for the bacteria to stick to the growth of the human body. Hence, due to that it reduces the risk of any infections. Cranberry extract improves the immunity, flow of the blood in the arteries and protects from cardiovascular diseases. Cranberry extract contains vitamin C and antioxidants which rejuvenates the skin cells and helps them against the damage.
According to the analyst, the major driving factors for the Cranberry Extract market size 2020 is expected to be USD 100.95 million due to the increasing awareness of health across the globe. Factors like growing concern about health and skincare are increasing the market size of Cranberry Extract.
By the end of 2027, the Cranberry Extract market size is estimated to be at USD 125.55 million. Major key players are introducing innovative and healthy Cranberry Extract that are attracting the target audience to increase the size of the market.
The Cranberry Extract market is segmented by Product form (Liquid, Dried, and Powder), by Source (Organic and Conventional), by Application (Food & Beverages, Pharmaceuticals, Nutraceuticals, Confectionary, Bakery, and Personal Care & Beauty Products), by Distribution Channel (Direct, Distributors, Wholesalers, and Online). Cranberry extract market is further analyzed on the basis of regional analysis and divided into major regions like North-America, Latin America, Asia-Pacific, Europe and MEA.
Impact of COVID-19 on Cranberry Extract Market
Due to major countries that underwent the lockdown because of the novel corona virus, there was major increase in Cranberry extract market of food and beverages due to the people switching to canned and ready to eat products. As, the pandemic hit across the globe, the industries and the manufacturing companies weren’t prepared for the economic loss that incurred due to the lockdown. But, the food and beverages market had very little impact. But as the companies gained its feet in the market, the Cranberry Extract market gained the perspective of the situation, there is an increase in the growth. There is a noticeable growth for the Cranberry Extract market in the forecast period due to the high awareness about fitness and the people now getting more health conscious after the pandemic.
Market Segmentation
Global Cranberry Extract Market Research report comprises of Porter's five forces analysis to do the detail study about its each segmentation like Product segmentation, End user/application segment analysis and Major key players analysis mentioned as below;
By Type, Cranberry Extract has been segmented into: |
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By Application, Cranberry Extract has been segmented into: |
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Regions and Countries Level Analysis: |
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Application Insights:
By Application industry type, Cranberry extract market is segmented into Food & Beverages, Pharmaceuticals, Nutraceuticals, Confectionary, Bakery, and Personal Care & Beauty Products. In this segment, Food & Beverages segment is accounted for the largest segment with Cranberry extract market share of 29.36% and estimated to have a market size of USD 34.75 million in the year 2026 with the CAGR of 2.85%. While, the segment for Pharmaceuticals is expected to have the CAGR of 2.89% in the forecast period due to the changing lifestyle and the influence from social media trend and the market size of USD 24.17 million in the year 2026.
Distribution Channel Insights:
By Distribution Channel, Cranberry extract market is segmented into Direct, Distributors, Wholesalers, and Online. In this segment, Online segment is accounted for the largest segment with Cranberry extract market share of 48.92% and estimated to have a market size of USD 58.78 million in the year 2026 with the CAGR of 3.02%.
Players Covered in Cranberry Extract Market are:
- NOW Foods
- Ocean Spray
- Pharmavite
- Nature's Way
- SWISSE
- Gaia Herbs
- Nature'S Best
- The Green Labs
- RB
- Amway
Among other players domestic and global, Cranberry Extract market share data is available for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. Our analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Salient Features of the Cranberry Extract Market
The approximate expected value for the Cranberry Extract was USD 97.98 million in 2019, and it is expected to reach USD 121.59 million by 2026.
- Among the product form segments, the powder segment is expected to hold major share and projected to register significant growth during the forecast period.
- Due to the high increase in supply chain because of the increased demand from the consumers, there is a palpable increase in Cranberry Market.
- The cranberry powder is mostly used in the treatment of bladder infection and in cosmetic and skin care products by most of the manufacturers, increasing the size of the segment.
- The food & beverages segment is expected to account for a significant share in terms of revenue while the pharmaceuticals segment is expected to register moderate growth in the cranberry extract market.
Frequently Asked Questions :
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1. What is Cranberry Extract Market?
Cranberry has always been widely used for reducing the risk of “bladder infections”, it contains proanthocyanidins, which makes it impossible for the bacteria to stick to the growth of the human body. Hence, due to that it reduces the risk of any infections. Cranberry extract improves the immunity, flow of the blood in the arteries and protects from cardiovascular diseases. Cranberry extract contains vitamin C and antioxidants which rejuvenates the skin cells and helps them against the damage.
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2. What was the market size of Cranberry Extract during the impact of COVID-19?
The estimated market size for the Cranberry Extract is valued at USD 100.95 million in the year 2020.
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3. What size is the Cranberry Extract market expected to take in terms of volume and value during the study period?
The market size is estimated to be USD 125.55 million in the year 2027.
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4. Which are the major key players for the Cranberry Extract market?
NOW foods Inc., Ocean Spray Cranberries Inc., Pharmavite LLC, Nature's Way Products LLC., SWISSE, WELLNESS PTY LTD, Gaia herbs Inc., Nature's Best Health Products Ltd, The Green Labs LLC, RB LLC., Amway Ltd.
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5. What are the segments for Cranberry Extract Market?
The market is segmented into Product form (Liquid, Dried, Powder), Source, Distribution Channel, Application (Food And Beverages, Pharmaceuticals, Nutraceuticals, Confectionary, Personal Care, Beauty Products) and main regions like North-America, Asia-Pacific, Latin America, MEA and Europe.
Chapter 1 Industry Overview 1.1 Definition 1.2 Assumptions 1.3 Research Scope 1.4 Major Country Wise Market Analysis 1.4.1 North America 1.4.1.1 United States 1.4.1.2 Canada 1.4.1.3 Mexico 1.4.2 Asia-Pacific 1.4.2.1 China 1.4.2.2 Japan 1.4.2.3 India 1.4.2.4 Korea 1.4.2.5 Indonesia 1.4.2.6 Malaysia 1.4.2.7 Singapore 1.4.2.8 Thailand 1.4.2.9 Philippines 1.4.3 Europe 1.4.3.1 Germany 1.4.3.2 UK 1.4.3.3 France 1.4.3.4 Italy 1.4.3.5 Spain 1.4.3.6 Russia 1.4.4 Central & South America 1.4.4.1 Brazil 1.4.4.2 Argentina 1.4.4.3 Peru 1.4.4.4 Chile 1.4.4.5 Columbia 1.4.5 Middle East & Africa 1.4.5.1 Saudi Arabia 1.4.5.2 Turkey 1.4.5.3 United Arab Emirates 1.4.5.4 Iran 1.4.5.5 South Africa 1.4.5.6 Israel 1.4.5.7 Egypt 1.4.5.8 Nigeria 1.4.5.9 Iraq 1.4.6 Other Regions 1.4.6.1 Australia 1.4.6.2 New Zealand Chapter 2 Major Segmentation (Classification, Application and etc.) Analysis 2.1 Brief Introduction by Major Application 2.1.1 Food And Beverages 2.1.2 Pharmaceuticals 2.1.3 Nutraceuticals 2.1.4 Confectionary 2.1.5 Personal Care 2.1.6 Beauty Products 2.1.7 Others 2.2 Brief Introduction by Major Type 2.2.1 Liquid 2.2.2 Dried 2.2.3 Powder Chapter 3 Production Market Analysis 3.1 Global Production Market Analysis 3.1.1 2014-2019 Global Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis 3.1.2 2014-2019 Major Manufacturers Performance and Market Share 3.2 Regional Production Market Analysis 3.2.1 2014-2019 Regional Market Performance and Market Share 3.2.2 North America Market 3.2.3 Asia-Pacific Market 3.2.4 Europe Market 3.2.5 Central & South America Market 3.2.6 Middle East & Africa Market 3.2.7 Other Regions Market Chapter 4 Sales Market Analysis 4.1 Global Sales Market Analysis 4.1.1 2014-2019 Global Sales Volume, Sales Price and Sales Revenue Analysis 4.1.2 2014-2019 Major Manufacturers Performance and Market Share 4.2 Regional Sales Market Analysis 4.2.1 2014-2019 Regional Market Performance and Market Share 4.2.2 North America Market 4.2.3 Asia-Pacific Market 4.2.4 Europe Market 4.2.5 Central & South America Market 4.2.6 Middle East & Africa Market 4.2.7 Other Regions Market Chapter 5 Consumption Market Analysis 5.1 Global Consumption Market Analysis 5.1.1 2014-2019 Global Consumption Volume Analysis 5.2 Regional Consumption Market Analysis 5.2.1 2014-2019 Regional Market Performance and Market Share 5.2.2 North America Market 5.2.3 Asia-Pacific Market 5.2.4 Europe Market 5.2.5 Central & South America Market 5.2.6 Middle East & Africa Market 5.2.7 Other Regions Market Chapter 6 Production, Sales and Consumption Market Comparison Analysis 6.1 Global Production, Sales and Consumption Market Comparison Analysis 6.2 Regional Production, Sales Volume and Consumption Volume Market Comparison Analysis 6.2.1 North America 6.2.2 Asia-Pacific 6.2.3 Europe 6.2.4 Central & South America 6.2.5 Middle East & Africa 6.2.6 Other Regions Chapter 7 Major Manufacturers Production and Sales Market Comparison Analysis 7.1 Global Major Manufacturers Production and Sales Market Comparison Analysis 7.1.1 2014-2019 Global Major Manufacturers Production and Sales Market Comparison 7.2 Regional Major Manufacturers Production and Sales Market Comparison Analysis 7.2.1 North America 7.2.2 Asia-Pacific 7.2.3 Europe 7.2.4 Central & South America 7.2.5 Middle East & Africa 7.2.6 Other Regions Chapter 8 Marketing Channel Analysis 8.1 Marketing Channel Status 8.2 Major Distributors Analysis Chapter 9 Industry Chain Analysis 9.1 Major Raw Materials 9.2 Manufacturing Analysis 9.2.1 Manufacturing Process 9.2.2 Manufacturing Cost Structure 9.2.3 Manufacturing Plants Distribution Analysis 9.3 Industry Chain Structure Analysis Chapter 10 Global and Regional Market Forecast 10.1 Production Market Forecast 10.1.1 Global Market Forecast 10.1.2 Major Region Forecast 10.2 Sales Market Forecast 10.2.1 Global Market Forecast 10.2.2 Major Classification Forecast 10.3 Consumption Market Forecast 10.3.1 Global Market Forecast 10.3.2 Major Region Forecast 10.3.3 Major Application Forecast Chapter 11 Major Manufacturers Analysis 11.1 NOW Foods 11.1.1 Company Introduction 11.1.2 Product Specification and Major Types Analysis 11.1.3 2014-2019 Production Market Performance 11.1.4 2014-2019 Sales Market Performance 11.1.5 Contact Information 11.2 Ocean Spray 11.2.1 Company Introduction 11.2.2 Product Specification and Major Types Analysis 11.2.3 2014-2019 Production Market Performance 11.2.4 2014-2019 Sales Market Performance 11.2.5 Contact Information 11.3 Pharmavite 11.3.1 Company Introduction 11.3.2 Product Specification and Major Types Analysis 11.3.3 2014-2019 Production Market Performance 11.3.4 2014-2019 Sales Market Performance 11.3.5 Contact Information 11.4 Nature's Way 11.4.1 Company Introduction 11.4.2 Product Specification and Major Types Analysis 11.4.3 2014-2019 Production Market Performance 11.4.4 2014-2019 Sales Market Performance 11.4.5 Contact Information 11.5 SWISSE 11.5.1 Company Introduction 11.5.2 Product Specification and Major Types Analysis 11.5.3 2014-2019 Production Market Performance 11.5.4 2014-2019 Sales Market Performance 11.5.5 Contact Information 11.6 Gaia Herbs 11.6.1 Company Introduction 11.6.2 Product Specification and Major Types Analysis 11.6.3 2014-2019 Production Market Performance 11.6.4 2014-2019 Sales Market Performance 11.6.5 Contact Information 11.7 Nature'S Best 11.7.1 Company Introduction 11.7.2 Product Specification and Major Types Analysis 11.7.3 2014-2019 Production Market Performance 11.7.4 2014-2019 Sales Market Performance 11.7.5 Contact Information 11.8 The Green Labs 11.8.1 Company Introduction 11.8.2 Product Specification and Major Types Analysis 11.8.3 2014-2019 Production Market Performance 11.8.4 2014-2019 Sales Market Performance 11.8.5 Contact Information 11.9 RB 11.9.1 Company Introduction 11.9.2 Product Specification and Major Types Analysis 11.9.3 2014-2019 Production Market Performance 11.9.4 2014-2019 Sales Market Performance 11.9.5 Contact Information 11.10 Amway Chapter 12 New Project Investment Feasibility Analysis 12.1 New Project SWOT Analysis 12.2 New Project Investment Feasibility Analysis Chapter 13 Conclusions
Figure Product Picture Table 2014-2019 Major Types Market Sales Volume and Market Share Figure 2014-2019 Sales Volume and Growth Rate Figure 2014-2019 Sales Volume and Growth Rate Figure 2014-2019 Sales Volume and Growth Rate Figure 2014-2019 Sales Volume and Growth Rate Figure 2014-2019 Sales Volume and Growth Rate Figure 2014-2019 Sales Volume and Growth Rate Figure 2014-2019 Sales Volume and Growth Rate Figure 2014-2019 Sales Volume and Growth Rate Figure 2014-2019 Sales Volume and Growth Rate ………… Table 2014-2019 Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Figure 2014-2019 Capacity, Production and Growth Rate Figure 2014-2019 Capacity, Production and Capacity Utilization Rate Figure 2014-2019 Revenue, Gross Margin and Growth Rate Table 2014-2019 Major Manufacturers Capacity and Total Capacity Table 2014-2019 Major Manufacturers Capacity Market Share Table 2014-2019 Major Manufacturers Production and Total Production Table 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2014-2019 Major Manufacturers Capacity and Total Capacity Table 2014-2019 Major Manufacturers Capacity Market Share Table 2014-2019 Major Manufacturers Production and Total Production Table 2014-2019 Major Manufacturers Production Market Share Table 2014-2019 Major Manufacturers Revenue and Total Revenue Table 2014-2019 Major Manufacturers Revenue Market Share Table 2014-2019 Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Figure 2014-2019 Capacity, Production and Growth Rate Figure 2014-2019 Capacity, Production and Capacity Utilization Rate Figure 2014-2019 Revenue, Gross Margin and Growth Rate Table 2014-2019 Major Manufacturers Capacity and Total Capacity Table 2014-2019 Major Manufacturers Capacity Market Share Table 2014-2019 Major Manufacturers Production and Total Production Table 2014-2019 Major Manufacturers Production Market Share Table 2014-2019 Major Manufacturers Revenue and Total Revenue Table 2014-2019 Major Manufacturers Revenue Market Share Table 2014-2019 Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Figure 2014-2019 Capacity, Production and Growth Rate Figure 2014-2019 Capacity, Production and Capacity Utilization Rate Figure 2014-2019 Revenue, Gross Margin and Growth Rate Table 2014-2019 Major Manufacturers Capacity and Total Capacity Table 2014-2019 Major Manufacturers Capacity Market Share Table 2014-2019 Major Manufacturers Production and Total Production Table 2014-2019 Major Manufacturers Production Market Share Table 2014-2019 Major Manufacturers Revenue and Total Revenue Table 2014-2019 Major Manufacturers Revenue Market Share Table 2014-2019 Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Figure 2014-2019 Capacity, Production and Growth Rate Figure 2014-2019 Capacity, Production and Capacity Utilization Rate Figure 2014-2019 Revenue, Gross Margin and Growth Rate Table 2014-2019 Sales Volume, Sales Price and Sales Revenue Figure 2014-2019 Sales Volume and Growth Rate Figure 2014-2019 Sales Revenue and Growth Rate Table 2014-2019 Major Manufacturers Sales Volume and Total Sales Volume Table 2014-2019 Major Manufacturers Sales Volume Market Share Table 2014-2019 Major Manufacturers Sales Revenue and Total Revenue Table 2014-2019 Major Manufacturers Sales Revenue Market Share Table 2014-2019 Regional Market Sales Volume and Market Share Table 2014-2019 Regional Market Sales Revenue and Market Share Table 2014-2019 Sales Volume, Sales Price and Sales Revenue Figure 2014-2019 Sales Volume and Growth Rate Figure 2014-2019 Sales Revenue and Growth Rate Table 2014-2019 Major Manufacturers Sales Volume and Total Sales Volume Table 2014-2019 Major Manufacturers Sales Volume Market Share Table 2014-2019 Major Manufacturers Sales Revenue and Total Sales Revenue Table 2014-2019 Major Manufacturers Sales Revenue Market Share Table 2014-2019 Supply and Export 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Volume and Growth Rate Figure 2014-2019 Sales Revenue and Growth Rate Table 2014-2019 Major Manufacturers Sales Volume and Total Sales Volume Table 2014-2019 Major Manufacturers Sales Volume Market Share Table 2014-2019 Major Manufacturers Sales Revenue and Total Sales Revenue Table 2014-2019 Major Manufacturers Sales Revenue Market Share Table 2014-2019 Supply and Export Table 2014-2019 Sales Volume, Sales Price and Sales Revenue Figure 2014-2019 Sales Volume and Growth Rate Figure 2014-2019 Sales Revenue and Growth Rate Table 2014-2019 Major Manufacturers Sales Volume and Total Sales Volume Table 2014-2019 Major Manufacturers Sales Volume Market Share Table 2014-2019 Major Manufacturers Sales Revenue and Total Sales Revenue Table 2014-2019 Major Manufacturers Sales Revenue Market Share Table 2014-2019 Supply and Export Table 2014-2019 Sales Volume, Sales Price and Sales Revenue Figure 2014-2019 Sales Volume and Growth Rate Figure 2014-2019 Sales Revenue and Growth Rate Table 2014-2019 Supply and Export Figure 2014-2019 Consumption Volume and Growth Rate Table 2014-2019 Regional Market Consumption Volume and Market Share Figure 2014-2019 Consumption Volume and Growth Rate Table 2014-2019 Import and Consumption Figure 2014-2019 Consumption Volume and Growth Rate Table 2014-2019 Import and Consumption Figure 2014-2019 Consumption Volume and Growth Rate Table 2014-2019 Import and Consumption Figure 2014-2019 Consumption Volume and Growth Rate Table 2014-2019 Import and Consumption Figure 2014-2019 Consumption Volume and Growth Rate Table 2014-2019 Import and Consumption Figure 2014-2019 Consumption Volume and Growth Rate Table 2014-2019 Import and Consumption Figure 2014-2019 Ex-Factory Price and Sales Price Comparison Figure 2014-2019 Production, Sales Volume and Consumption Volume Comparison Figure 2014-2019 Ex-Factory Price and Sales Price Comparison Figure 2014-2019 Production, Sales Volume and Consumption Volume Comparison Figure 2014-2019 Ex-Factory Price and Sales Price Comparison Figure 2014-2019 Production, Sales Volume and Consumption Volume Comparison Figure 2014-2019 Ex-Factory Price and Sales Price Comparison Figure 2014-2019 Production, Sales Volume and Consumption Volume Comparison Figure 2014-2019 Ex-Factory Price and Sales Price Comparison Figure 2014-2019 Production, Sales Volume and Consumption Volume Comparison Figure 2014-2019 Ex-Factory Price and Sales Price Comparison Figure 2014-2019 Production, Sales Volume and Consumption Volume Comparison Figure 2014-2019 Ex-Factory Price and Sales Price Comparison Table 2014-2019 Major Manufacturers Capacity List Table 2014-2019 Major Manufacturers Capacity Share List Table 2014-2019 Major Manufacturers Production List Table 2014-2019 Major Manufacturers Production Share List Table 2014-2019 Major Manufacturers Sales Volume List Table 2014-2019 Major Manufacturers Sales Volume Share List Table 2014-2019 Major Manufacturers Ex-Factory Price List Table 2014-2019 Major Manufacturers Sales Price List Table 2014-2019 Major Manufacturers Cost List Table 2014-2019 Major Manufacturers Gross List Table 2014-2019 Major Manufacturers Gross Margin List ………… Table Marketing Channel Status Table Major Distributors Figure Manufacturing Process Figure 2019 Manufacturing Cost Structure Table 2019 Major Manufacturing Plants Distribution Figure Industry Chain Analysis Table 2020-2025 Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Figure 2020-2025 Capacity, Production and Growth Rate Figure 2020-2025 Capacity, Production and Capacity Utilization Rate Figure 2020-2025 Revenue, Gross Margin and Growth Rate Figure 2020 Regional Capacity Market Share Figure 2025 Regional Capacity Market Share Figure 2020 Regional Production Market Share Figure 2025 Regional Production Market Share Figure 2020 Regional Revenue Market Share Figure 2025 Regional Revenue Market Share Table 2020-2025 Sales Volume, Sales Price and Sales Revenue Figure 2020-2025 Sales Volume and Growth Rate Figure 2020-2025 Sales Revenue and Growth Rate Figure 2020-2025 Consumption Volume and Growth Rate Figure 2020 Regional Consumption Volume Market Share Figure 2025 Regional Consumption Volume Market Share Figure Product Specification Analysis Table Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross, Gross Margin Figure 2014-2019 Capacity, Production and Growth Rate Figure 2014-2019 Capacity, Production and Capacity Utilization Rate Figure 2014-2019 Revenue, Gross Margin and Growth Rate Table Sales Volume, Sales Price and Sales Revenue Figure 2014-2019 Sales Volume and Growth Rate Figure 2014-2019 Sales Revenue and Growth Rate ………… Table New Project SWOT Analysis Table New Project Investment Feasibility Analysis