The ‘Global Yumberry Market Report, Size, Share, Price, Outlook and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global yumberry market, assessing the market on the basis of its segments like type, application, and region.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
The key highlights of the report include:
Market Overview (2018-2028)
- Forecast CAGR (2023-2028): 5%
Increasing consumer awareness regarding the benefits of intake of organic food products have expanded the share of the global yumberry market. Yumberries have high content of vitamins and minerals are driving their sale among health-conscious people. Its antioxidant properties further solidify its demand among fitness enthusiasts. Antioxidants like polyphenols, anthocyanins, and flavonoids prevent damage to cells by fighting off the radicals that are by-product of the ageing process. Yumberries are also enriched with Vitamin C and B6 which improves immunity, boosts collagen production to improve the health of the skin, and improves the metabolism.
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Regular consumption of yumberries can improve eyesight, while the abundance of fibres and fat in these berries benefit the overall health of consumers. The health benefits of yumberries promote their use in modern medicines as it helps prevent cataract, can slow down ageing, and provide relief from arthritis. Fruit juice derived from yumberries regulates the blood pressure and treats diabetes thus making it a useful component in everyday diets for overall well-being of consumers, and bolstering the yumberry market. Besides health drinks and raw consumption, yumberry intake is also possible in the form of jams, teas, dietary supplements, and alcoholic beverages.
Yumberry is also used as a key ingredient in cosmetic products like shower cream gels and fragrant mists. Cyanidin-3-glucoside, a nutrient found in the yumberry that gives it enriching red colour, may offer protection against skin cancer owing to several published studies that indicate that the compound has anti-cancer properties.
The global yumberry market witnesses an increase in the production in developing nations due to the rise in disposable incomes of consumers. These nations serve as a growing hub for the market due to the adaptation of healthy eating practices and increasing health consciousness.
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China is a major contributor to the production of this fruit in the global yumberry market and acts as a global supplier for the increasing demand of exotic and super fruits. Manufacturers market this fruit as a health drink due to its multiple benefits. Yumberries often gain precedence over other berries and superfruits due to their taste and smell. These beverages boost the freshness and prime quality of the fruit thus driving its demand in the food and beverages sector. Rapid advancement of technology further contributes to the growth in production of yumberries as countries like Australia focus on increased yumberry plantation in local regions.
Yumberry Industry Definition and Major Segments
Yumberry is the commercial name given to the fruit Yangmei which is primarily grown in northern parts of the Asia Pacific, in countries such as Japan, Korea, and China. It is spherical reddish-purple fruit with its original name as Chinese blueberry due to its abundance in the country. It has a sweet-sour flavour that slightly resembles cranberries and pomegranates.
On the basis of type, the market is classified into:
- Organic
- Conventional
Based on application, the market is segmented into:
- Food and Beverages
- Pharmaceuticals
- Cosmetics and Personal Care
- Dietary Supplements
- Others
On the basis of region, the market is divided into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Yumberry Market Trends
A key trend propelling the growth of the global yumberry market is the increasing number of product launches in the beverages industry. Its marketing as a super drink have piqued consumer interest around the globe especially in the North American region where the consumption of packaged foods and drinks is high. The yumberry market is also being supported by an expanding consumer base keen on drinks derived from this ‘exotic fruit’ due to their developing interest in exotic products.
In the competitive landscape of berries, yumberry makes its strong presence known due to its freshness and pure quality retention. This fruit can be kept in storage for a long period of time without any deterioration in the quality. This feature makes it a firm choice for consumers who prefer fresh tasting exotic fruits.
Yumberry is linked with Chinese traditions as it serves as a vital ingredient for local medicines. The presence of phytochemicals and antioxidants makes it beneficial in protecting against several diseases, thus establishing the importance of the yumberry market in the pharmaceuticals sector. This fruit also provides relief from inflammation that can lead to chronic conditions like autoimmune diseases. The presence of oligomeric proanthocyanidins in the fruit provides relief from the pain that follows the inflammation. Its leaves contain a flavonoid known as myricetin that contains anti-inflammatory properties which assists against inflammation.
Furthermore, yumberry contains group of essential B group vitamins known as folates. An adult requires 400 micrograms of folate a day which promotes the usage of this fruit as a dietary supplement in the global yumberry market. This vitamin is essential for DNA formation and a key vitamin for pregnant woman to promote healthy growth of a foetus. This fruit can be found in prescription medicines for expecting woman thus increasing its overall market share.
Yumberry contains low calories which makes it an ideal weight loss food among fitness enthusiasts, further increasing the demand for the yumberry market. This fruit is a source of Cyanidin-3-glucoside which is an anthocyanin compound that delivers around 82 percent of the antioxidant properties of this superfruit. It regulates the hormone adiponectin and leptin that increase appetite and lead to obesity. Consumption of yumberries reduces the appetite and assists the demographic that wants to implement natural methods of weight loss. It can be consumed raw, in form of drinks or juices, or taken as additional dietary supplements, depending upon the consumer convenience.
Key Market Players
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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