Global Cranberry Extract Market Overview:
Cranberry Extract is obtained from cranberries which used for various applications like supplements, cosmetic care; pharmaceutical, neutraceutical, and much more research are ongoing. Its main use is in urology, to prevent and treat urinary tract infections (UTIs). Taking cranberry juice regularly increases the amount of salicylic acid in the body. Salicylic acid can reduce swelling, prevent blood clots, and can have antitumor effects. Cranberry is small, dark green leaves, pink flowers, and dark red fruit that are egg-shaped. It has also been used for decreasing the smell of urine in people who are unable to control urination (incontinent). This product should not be used alone to treat bladder infections. Cranberry is also used for kidney stones, neurogenic bladder (a bladder disease), to deodorize urine in people with difficulty controlling urination, and to heal skin around surgical openings in the stomach that are used to eliminate urine. In foods, cranberry fruit is used in cranberry juice, cranberry juice cocktail, jelly, and sauce.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Cranberry Extract Market Dynamics:
Attributes | Details |
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Growth Drivers | - Highly Demanded Due To Multiple Medical Use
- Easily Available in Market
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Restraints | - On Excess Consumption Stomach Upset And Other Medical Conditions Can Be Seen
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Road Blocks / Challenges | - High Dose Can Cause Kidney Stone
- High Dose Increases Risk Of Cancer
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Gaps & Opportunities | - Growing Use In Skin Care Cosmetics
- Highly Demanded Supplementary Pills
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Competitive Landscape:
Cranberry extract is one of the herbal products and also has a variety of applications in different segments. The manufacturing companies have strong competition because demand is high in the market. Variety in type dosage form reason to increase the sales for the product. As it is a natural product it is more preferred over chemical products in the market. Even in the food industries, the product has wide applications demanded in food and beverages industry too.
Some of the key players profiled in the report are Megafood (England), Eclectic Institute (United States), Oregon's Wild Harvest (United States), Pure Naturals (India), Sonora Nutrition Inc (Unites States), Gaia Herbs (Unites States), Puritan’s Pride (Philippines), Pureco (China), Younglo research (United States) and Nutricost (Spain). Analyst at AMA Research see United States Players to retain maximum share of Global Cranberry Extract market by 2027. Considering Market by Medicinal Use, the sub-segment i.e. Urinary Tract Infections will boost the Cranberry Extract market. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Cranberry Extract market.
In March 2019 MegaFood the leading pioneer of vitamins and supplements made with real food and added nutrients will debut its new line of premium, chewable multivitamins at Natural Products Expo West, to be held March 7-9 in Anaheim, CA. For people who have trouble taking tablets or prefer the convenience of a multivitamin in a great-tasting form, MegaFood now offers an option that helps to fill unwanted gaps in daily nutrition while promising the simplest delivery method. The new chewable multivitamins feature vitamins, minerals, and real food ingredients sourced from its network of trusted farm partners. The company will display and sample its full line of chewable multivitamins.
US FDA gave the following guidance to advise manufacturers of certain dried cranberry products with added flavourings to intent to exercise enforcement discretion until July 1, 2020, for their compliance with the updated labelling requirements outlined in two final rules published in the Federal Register of May 27, 2016, entitled. Food Labelling Revision of the Nutrition and Supplement Facts Labels and Food Labelling.
What Can be Explored with the Cranberry Extract Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Cranberry Extract Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Cranberry Extract
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cranberry Extract market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cranberry Extract market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Pharmaceuticals Manufacturers, Herbal supplement manufacturers, Nutraceuticals Manufacturers, Cosmeceutical Manufacturers, Beverages Manufacturers, Distributors/Suppliers/Wholesalers, Research Firms, Government organizations, Industry Associate and Downstream Vendors.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.