NEW
YORK, July 3, 2024 /PRNewswire/ -- The
global aronia berries market size is estimated to grow by
USD 501.5 million from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of over 9.64% during the forecast period. Health benefits of
aronia berries is driving market growth, with a trend
towards growing demand for plant-based beverages.
However, high ownership cost of aronia berries poses a
challenge. Key market players include Aronia for life, Akron Apple
and Aronia Inc., Akronia Valley LLC, ArmedinaUSA, Aronia Ireland
Ltd., Bio Poland sp. Z o.o.,
BioActor BV, Brownwood Acres, Erbology, GreenField Sp zoo Spk, J
and J Aronia BC, Maes Health and Wellness LLC, Microstructure sp z
oo, OPG Medic, PowerfulBerry.com, PPHU Bio Juice Piotr Michalak,
Rabenhorst, Sawmill Hollow, Schade Vineyard and Winery, and
TECOFOOD sp.
Get a detailed analysis on regions, market
segments, customer landscape, and companies- View the
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Aronia
Berries Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
9.64%
|
Market growth
2024-2028
|
USD 501.5
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
8.57
|
Regional
analysis
|
Europe, North America,
APAC, South America, and Middle East and Africa
|
Performing market
contribution
|
Europe at
33%
|
Key
countries
|
US, UK, Germany, China,
and Japan
|
Key companies
profiled
|
Aronia for life,
Akron Apple and Aronia Inc., Akronia Valley LLC, ArmedinaUSA,
Aronia Ireland Ltd., Bio Poland sp. Z o.o., BioActor BV, Brownwood
Acres, Erbology, GreenField Sp zoo Spk, J and J Aronia BC, Maes
Health and Wellness LLC, Microstructure sp z oo, OPG Medic,
PowerfulBerry.com, PPHU Bio Juice Piotr Michalak, Rabenhorst,
Sawmill Hollow, Schade Vineyard and Winery, and TECOFOOD
sp
|
Market Driver
The global market for aronia berries is experiencing growth due
to the rising demand for plant-based beverages. Health-conscious
consumers and those following vegan diets are key drivers of this
trend. Aronia berry juices and concentrates offer numerous health
benefits, including a high concentration of vitamins, minerals, and
fibers. The low saturated fat and cholesterol content further adds
to their appeal. The increasing prevalence of lactose intolerance
is also fueling the demand for plant-based beverages, including
those containing aronia berries. As a result, the aronia berries
market is expected to continue expanding during the forecast
period.
Aronia berries, also known as chokeberries, are gaining
popularity in the food and beverage industry due to their health
benefits. These fruits are rich in antioxidants, dietary fiber, and
vitamin C. The market for aronia berries is growing, with an
increasing number of companies producing and distributing
aronia-based products. These products include jams, syrups,
supplements, and functional foods. The demand for aronia berries is
driven by their nutritional value and their potential health
benefits. Additionally, the trend towards natural and organic food
products is also contributing to the growth of the aronia berries
market. Farmers and producers are focusing on sustainable
cultivation methods to meet the rising demand for these berries.
Overall, the aronia berries market is expected to continue its
growth trajectory in the coming years.
Research report provides comprehensive data on
impact of trend. For more details- Download a Sample
Report
Market Challenges
- The Aronia berry market faces significant challenges due to the
high cost of production. One kilogram of Aronia berries costs five
times more than strawberries, with an average cost of USD 7.50 per pound. Factors contributing to this
include high production costs, low yield, and limited plantation
areas. Aronia berries require specific growing conditions and large
capital investments for production. Harvesting and processing also
add to the expense, with costs for equipment and logistics being
substantial. These factors ultimately impact the selling price,
potentially hindering market growth during the forecast
period.
- The Aronia berries market faces several challenges. Production
processes involve complex steps such as cultivation, harvesting,
and processing. Consumers seek high-quality products with
consistent taste and appearance. Supply and demand imbalances can
lead to price fluctuations. Competition from other berry markets,
like blueberries and strawberries, adds pressure. Sustainability
and ethical sourcing are growing concerns. Consumers demand
transparency in production methods and certifications.
Additionally, regulatory compliance and export regulations pose
challenges. To succeed, market players must address these
challenges through innovation, quality control, and effective
supply chain management.
For more insights on driver and
challenges - Request a sample report!
Segment Overview
This aronia berries market report extensively covers market
segmentation by
- Source
- 1.1 Conventional
- 1.2 Organic
- Distribution Channel
- Geography
- 3.1 Europe
- 3.2 North America
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Conventional- The conventional Aronia berries market
is dominated by farming practices utilizing synthetic fertilizers,
pesticides, and herbicides. This segment, which follows widely used
agricultural methods, accounts for a significant market share.
Despite moderate growth due to societal and crop concerns,
increasing consumer awareness of Aronia berries' nutritional
benefits is driving demand. Regulations on pesticide residues and
quality standards apply to conventional berries, ensuring market
expansion during the forecast period.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data
(2017-2021) - Download a Sample Report
Research Analysis
The Aronia berries, also known as chokeberries, have gained
significant attention in the health food industry due to their
numerous health benefits. These berries are rich in antioxidants,
making them a popular superfood. Consumers can enjoy Aronia berries
in various forms, including juices, jams, supplements, and edible
items like gummies, ice cream, and chili starters. The market for
Aronia berries and their derived products has experienced
substantial growth in recent years, driven by increasing awareness
of their nutritional benefits. Aronia berries are a nutrient-dense
source of vitamins and minerals, similar to blueberries. They can
be used in a wide range of healthy food products, such as soft
spreads, teas, juices, wines, and tinctures. The versatility and
health advantages of Aronia berries continue to fuel industry
growth.
Market Research Overview
Aronia berries, also known as chokeberries, are nutrient-dense
fruits native to North America.
They are rich in antioxidants, vitamins, and minerals, making them
a popular choice for health-conscious consumers. The market for
aronia berries has been growing steadily due to their numerous
health benefits. These berries can be consumed in various forms,
including fresh, dried, frozen, or as juice and supplements. They
are used in food and beverage industries for making jams, jellies,
syrups, wines, and other value-added products. Aronia berries are
also used in the pharmaceutical industry for producing dietary
supplements and functional foods. The global aronia berries market
is driven by increasing consumer awareness about the health
benefits of these berries and the growing demand for natural and
organic food products. Supermarkets, health food stores, and online
retailers are the major distribution channels for aronia berries.
The market is expected to grow further due to the increasing
research and development activities in the field of functional
foods and nutraceuticals.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Source
-
- Distribution Channel
-
- Geography
-
- Europe
- North America
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research
and advisory company. Their research and analysis focuses on
emerging market trends and provides actionable insights to help
businesses identify market opportunities and develop effective
strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio