Berries Market Size to grow by USD 13220.3 million between 2024-2028

Technavio, a leading provider of market research reports, has released its latest study on Berries Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges.

Key Highlights:

• Market Research Overview: The global packaged foods and meats market encompasses vendors engaged in food processing to ensure food safety and increase product longevity. According to Technavio, the market's size is determined by the consolidated revenue of participating manufacturers and processors, excluding those specializing in food processing equipment or packaged beverages, including alcoholic and non-alcoholic varieties. Factors fueling market expansion include the health advantages linked to consuming minimally processed foods, such as vegetables, which are abundant in essential nutrients like potassium, dietary fiber, folate (folic acid), vitamin A, and vitamin C. - The Berries Market is experiencing significant growth, fueled by the Growing awareness and promotion of benefits of consuming berries. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

• Major Findings:
  • Growing awareness and promotion of benefits of consuming berries
  • New product launches
  • Fluctuations in berry prices due to unfavorable weather conditions
  • Increased use of chemicals while farming and contamination risks while packaging
• Growth Projections

The market size is estimated to grow by USD 13220.3 million, at a CAGR of 6.78% during the forecast period. In the dynamic realm of consumer goods, major retailers have identified an opportunity in the burgeoning demand for fruit products, specifically berries. They have responded by producing and marketing their own private-label brands, such as Great Value from Walmart and Archer Farms Foods from Target. These private-label, processed berry products have gained traction among consumers due to their affordability and convenience. Stocking these items at competitive prices in retail stores has proven to be an effective strategy, as they undercut the cost of branded alternatives. Over the past decade, the private label product sector has witnessed significant expansion, offering a broader range of options to consumers.

For insights on company offerings- Request a sample report!

• Regional Insights

As a seasoned business analyst, I'm pleased to provide insights into the dynamic berries market. This sector exhibits robust growth, driven by increasing consumer demand for healthy, natural food options. Key players prioritize sustainable farming practices and innovative product development to cater to diverse consumer preferences. Market trends include organic production, functional foods, and convenience packaging. Strategic partnerships and collaborations are essential for companies to maintain competitiveness in this thriving industry.

About Technavio                                                                        

Technavio is a global market research company offering comprehensive reports and insights on various industries. Our research helps businesses make informed decisions by providing actionable data and trends. Technavio is based on four simple principles: easy-to-access reports, robust industry coverage, a focus on new and emerging technologies, and competitive pricing. We believe in helping companies and executives become better equipped to make faster, sounder, and more effective decisions. Technavio is one of the most influential market research and advisory firms in the world. We work with business and technology leaders to provide cutting-edge market research and insights to companies. 

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/