Allied Market Research

2024

Blackcurrant Concentrate Market

Blackcurrant Concentrate Market Size, Share, Competitive Landscape and Trend Analysis Report by Category, by Application : Global Opportunity Analysis and Industry Forecast, 2022-2032

FB : Food Ingredient

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Author's: | Roshan Deshmukh
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Blackcurrant concentrate is a concentrated version of blackcurrant juice (Ribes nigrum). The berries undergo processing to obtain the juice, which is subsequently concentrated using strategies such as evaporated water and freezing and drying. The water material of the juices is removed during the concentration procedure, leading to a more potent as well as flavorful product. The flavor of blackcurrant concentrate is rich, sour, and somewhat sweet. Many of the health advantages of blackcurrants, such as an abundance of antioxidants, vitamin C, along with anthocyanins, remain intact. 
A number of important variables contribute to the development or demand for blackcurrant concentrate in the marketplace. One of the main incentives is rising consumer consciousness of wellness and good health. People are constantly looking for organic and nutritious products that they can incorporate to their diets to grow more health-conscious. Blackcurrants are renowned among consumers for their high antioxidant, vitamin C, along with other beneficial the substance content. Blackcurrant concentrate offers these vitamins and minerals in a convenient and concentrated form, which renders it an appealing option for those who are concerned about their health.
A further factor is the rising popularity of functional beverages. Because of their additional health advantages and fruit-based flavors, functional beverages are growing more popular. Because of its different flavor and health advantages, blackcurrant concentrate is frequently used as an additive in useful beverages. The addition of blackcurrant concentrate to these beverages adds flavor and additionally nutritional value, bringing about consumer interest for blackcurrant concentrate.
A further significant driver is the increasing need for environmentally friendly and clean label products. Consumers are increasingly searching for products that are free of chemical additives, preservatives, or flavors. Since it is a natural as well as minimally processed component, blackcurrant concentrate meets this need. Manufacturers have begun including blackcurrant concentrate into the goods they sell to meet consumers' clean label tastes, which has contributed to the market's growth.
The growing food and beverage sector is also operating up demand for blackcurrant concentrate. The food and beverage sector is growing swiftly as a result of shifting consumer habits, a rise in disposable income, as well as evolving tastes and preferences. Blackcurrant concentrate can be found within a variety of food and beverage products, such as juices, jams, dressings, desserts, as well as bakery items. The adaptability of blackcurrant concentrate allows businesses to create innovative and visually appealing products that cater to different needs of consumers while additionally contributing to market expansion.
 
The diversification of the market as well as new product development are also significant factors in the blackcurrant concentrate market. Blackcurrant concentrate has made its way into an array of products, rather than simply the conventional ones. It's in sauces, dressings, desserts, cooked foods, as well as skincare products. The broadening of applications, alongside going on development of products, establishes new opportunities along with drives the general expansion and demand for blackcurrant concentrate.
New product launches to flourish in the market
On April 28, 2023, SBF GB&I, the Ribena producer, introduced a regenerative farming portray on their blackcurrant farm in Norfolk. The goal of this initiative is to decrease greenhouse gas emissions related to blackcurrant cultivation via the implementation of regenerative farming methods. Regenerative farming is a cultivating method that emphasizes improving and restoring soil health, the environment, as well as ecosystem resilience. The farmers hope to enhance soil fertility, retain water, as well as store carbon by using regenerating practices like cover cropping, rotation of crops, and reduced chemical use.
 
Segment Overview: 
By category: The blackcurrant concentrate market is divided into organic and conventional. Organic blackcurrant concentrate is a product derived from naturally produced blackcurrant berries which were grown without any kind of chemical pesticides or fertiliser products. Conventional blackcurrant concentrate, on the opposite hand, comes from conventionally cultivated blackcurrant berries which might have undergone treated with synthetic inputs to operate. The aforementioned groups provide alternatives for buyers with diverse tastes and needs.
 
By application: The blackcurrant concentrate market is divided into bakery & confectionery, dairy products, beverages, syrups, jams & marmalades, and others. Bakery and confectionery, for instance, include the use of blackcurrant concentrate in baking as well as confectionery products. Dairy products refers the use of blackcurrant concentrate in goods such as yoghurt and ice cream. Blackcurrant concentrate is used in beverages such as juices as well as drinks. Blackcurrant concentrate is used to make syrups, jams, as well as marmalades. Finally, there are actually numerous additional uses for blackcurrant concentrate in different sectors.
 
By region: The Asia-Pacific (APAC) blackcurrant concentrate market is growing rapidly. The need for blackcurrant concentrate has been driven by the region's expanding population, increasing disposable income, as well as shifting consumer tastes towards better and less processed food products. India, China, Japan, and South Korea have significant contributors to economic growth in APAC. The food and beverage industry, including juices and functional drinks, makes up an important part of the APAC blackcurrant concentrate market. In addition, the bakery and confectionery sectors have been growing rapidly. To meet the increasing demand in this flourishing market, producers in the region are concentrating on innovative products, expanding distribution channels, and introducing sustainable practises.
 
Competitive analysis and profiles of the major players in the blackcurrant concentrate market, such as Ariza b.v., Austria Juice, Berrifine A/S, Blackcurrants New Zealand Inc., CURRANTC, Döhler, Grünewald Group, Lemon Concentrate, SVZ Industrial Fruit & Vegetable Ingredients, and Vapable Ltd.. Major players have adopted product launch and acquisition as key developmental strategies to improve the product portfolio of this market.

Blackcurrant Concentrate Market Report Highlights

Aspects Details
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By Category
  • Organic
  • Conventional
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By Application
  • Bakery and Confectionery
  • Dairy Products
  • Beverages
  • Syrups, jams, and marmalades
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

Vapable Ltd., CURRANTC, Lemon Concentrate, Blackcurrants New Zealand Inc., Döhler, Austria Juice, SVZ Industrial Fruit & Vegetable Ingredients, Ariza b.v., Berrifine A/S, Grünewald Group

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Blackcurrant Concentrate Market

Global Opportunity Analysis and Industry Forecast, 2022-2032