Cranberries Market 2024-2028: Size and Increase in logistics and distribution challenges; growth driven by the Type, Some of key Companies Positioned Strategically
The cranberries market size by Type (Juice, Food, Fresh fruit, and Others) and Geography (North America, Europe, APAC, South America, and Middle East and Africa), is forecast to increase by USD 1851.5 million. The market is expected to grow at a CAGR of 2.44% between 2024 and 2028.
- In the dynamic cranberry market, retail channels, including supermarkets and large discount or convenience store chains, play a significant role in distribution. However, cranberry producers face the challenge of setting appropriate prices due to these retailers' low profit margins. Logistical and distribution complexities, such as order processing, inventory management, and freight transportation, must be addressed. These issues can stem from a lack of storage facilities, transportation complications, a lengthy supply chain, questionable market practices, and insufficient market intelligence. Given the perishable nature of cranberries, effective management of these challenges is crucial for producers to maintain product quality and competitiveness.
- The cranberry market represents a significant opportunity for businesses, with growing demand driven by its health benefits and versatility in various food and beverage applications. Cranberries are rich in antioxidants and vitamin C, making them a popular choice for health-conscious consumers. Market trends indicate a shift towards organic and natural products, creating potential for cranberry growers and processors to cater to this niche. The market is expected to grow steadily, offering profitable prospects for businesses involved in its production, processing, and distribution.
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Some of the Key Companies:
- Badger State Fruit Processing Inc.
- Canneberge Quebec Inc.
- Cape Blanco Cranberries Inc.
- Cape Cod Select
- Decas Cranberry Products Inc.
- Fresh Meadows Cranberries
- Fruit dOr
- Habelman Bros. Co.
- Honestly Cranberry
- Mariana Co
- Meduri Farms Inc.
- Michigan Cranberry Co.
- Muskoka Lakes Farm and Winery
- New England Cranberry
- Ocean Spray Cranberries Inc.
- Seaview Cranberries Inc.
- Sundance Vitamins LLC
- Sunorganic Industries Pvt. Ltd.
- Vivial Media Holdings Inc.
- Wetherby Cranberry Co.
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