Rising Health Consciousness Drives Blackcurrant Powder Market to USD 2,896.8 Million by 2033

Blackcurrant Powder Market
Blackcurrant Powder Market

The global blackcurrant powder market is set to experience robust growth, projected to reach a market valuation of US$ 2,896.8 million by 2033 from US$ 1,572.7 million in 2023, growing at a CAGR of 6.3%. Blackcurrant powder, derived from the skin, seed, and pulp of the blackcurrant fruit (Ribes nigrum), retains the same nutritional value as fresh blackcurrants. This powdered form is an excellent source of vitamin C, fiber, vitamin A, B vitamins, iron, magnesium, calcium, manganese, copper, flavonoids, and potassium, making it a highly sought-after product across various industries.

The increasing use of blackcurrant powder in multiple sectors, including pharmaceuticals, cosmetics, food, and beverages, is a significant driver of market growth. Consumers’ growing awareness of the health benefits of natural and nutritious ingredients—such as their antibacterial, immune-boosting, and detoxifying properties—is also fueling demand. This trend is particularly pronounced in both developed and developing nations, where health consciousness is rising.

According to ESOMAR-certified market research and consulting firm Future Market Insights (FMI), these factors are pivotal in accelerating the expansion of the global blackcurrant powder market.

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Several factors contribute to the robust growth of the blackcurrant powder market:

  • Health Benefits: Blackcurrant powder offers numerous health advantages, including immune system support, metabolism enhancement, skin condition treatment, and anti-aging benefits. It also aids in digestion, treats arthritis and anemia, and helps restore bone mineral levels.
  • Versatility in Applications: The product is widely used in smoothies, baking, sauces, shakes, cocktails, beverages, dressings, jellies, jams, flavored ice cream, yogurt, curd, protein shakes, cereals, porridges, kefir, and muesli, owing to its nutritional value and health benefits.
  • Nutritional Content: Blackcurrant powder contains high levels of anthocyanins and vitamin C, crucial for boosting the body’s immune system. It also includes gamma-linoleic acid, an omega-6 fatty acid, further enhancing its health benefits.
  • Market Adaptability: The adaptability of blackcurrant powder in various food products, such as yogurt, shakes, and smoothies, macaroons, truffles, and chia-seed pudding, is driving market growth.

Competitive Landscape

The blackcurrant powder market is moderately fragmented, with major players such as Arctic Power Berries, LOOV Food, LYO FOOD Sp. z o.o., FutureCeuticals, CurrantC LLC, Z Natural Foods, LLC, Active Micro Technologies, LLC (AMT), Waitaki Bio, ConnOils LLC, and Northwest Wild Foods. These companies are focusing on mergers and acquisitions, product launches, and expanding their distribution networks to strengthen their market positions.

The global blackcurrant powder market is poised for significant growth, driven by rising health consciousness and the increasing use of blackcurrant powder in various sectors. For investors, the market presents promising opportunities for growth and profitability, particularly through investments in organic products and innovative applications in the food and beverage industry.

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Blackcurrant Powder Market by Category

By End Use:

  • Food and Beverage
  • Cosmetics
  • Pharmaceutical

By Nature:

  • Organic
  • Conventional

By Packaging:

  • Plastic Jar
  • Glass Jar
  • Plastic

By Distribution Channel:

  • Supermarket
  • Specialty Store
  • Grocery Store
  • Online Retailers
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

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