What Is the Forecast for the Global Blueberry Market?
The global blueberry market is projected to grow at a CAGR of 7.3% during the forecast period (2019 - 2024). About half of the blueberries produced are utilized for processed ingredients, such as purees, concentrates, juices, and dried blueberries, which will continue to support the market growth in the upcoming years. An increase in the production of blueberries in recent years has minimized the demand-supply gap. However, the supply of blueberries is still limited, which affects the market growth, especially in the Asia-Pacific and African regions. The growing demand for dried blueberry in the breakfast cereal and frozen dessert industries has triggered the growth of the blueberry market. The growing demand for fresh blueberries is globally affecting the supply of processed blueberries. In recent years, the demand for fresh blueberries has increased globally, especially in the European Union.
Source: