Purple Foods Market: Segmented by Type (Fruits, Grains, Legumes, Vegetables and Other); By Distribution Channel (Convenience stores, Hypermarkets & supermarkets, E-commerce platforms and Other); and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030
Product Overview
Purple foods have a high concentration of anthocyanins. Purple grapes, figs, passion fruit, raisins, plums, and dried plums are all common purple fruits. Purple foods include berries including blackberries, blueberries, elderberries, cranberries, chokeberries, and bilberries. The purple food aids in the prevention of diseases like cancer, ageing, obesity, and inflammation. Anthocyanins can protect the heart muscle and blood vessels from oxidative damage, delay the ageing of the brain by two and a half years, and promote eye health.
Market Highlights
Global Purple Foods market is expected to project a notable CAGR in 2030.
Global Purple Foods to surpass USD billion by 2030 from USD billion in 2020 at a CAGR in the coming years, i.e., 2021-30. This growth is anticipated due to increasing mergers and acquisitions across various sectors which will create a worldwide demand for Purple Foods. The growth of online stores is also propelling the selling of high-end products. Market shifts toward healthier foods, population growth, enhanced cold chain logistics, adoption of automation systems and goods, and other factors are driving the global purple food industry.
Global Purple Foods Market: Segments
Fruits segment to grow with the highest CAGR during 2020-30
Global Purple Foods market is segmented by type into Fruits, Grains, Legumes, Vegetables and Other. Fruits segment held the largest market share in the year 2020. Purple fruits, such as grapes, which are used in the production of wine, are evolving steadily as a result of an increasing number of consumers in various end-use industries.
Hypermarkets & supermarkets segment to grow with the highest CAGR during 2020-30
Global Purple Foods market is segmented by distribution channel into Convenience stores, Hypermarkets & supermarkets, E-commerce platforms and others. Hypermarkets &supermarkets segment held the largest market share in the year 2020. During the forecast period, it is predicted to be the largest and fastest-growing market. The wide variety of products available and the convenience of real-time brand comparison for customers are the primary reasons for hypermarkets and supermarkets' popularity in this market.
Market Dynamics
Drivers
Health Benefits and Surging Demand from End Users
Surging demand of Purple Foods from numerous end-user industries is the key factor contributing in the market growth. Purple foods include berries including blackberries, blueberries, elderberries, cranberries, chokeberries, and bilberries which aids in the prevention of diseases like cancer, ageing, obesity, and inflammation. Anthocyanins can protect the heart muscle and blood vessels from oxidative damage, delay the ageing of the brain by two and a half years, and promote eye health.
Growth of Online Stores and Enhanced Cold Chain Logistics
This growth is anticipated due to increasing mergers and acquisitions across various sectors which will create a worldwide demand for Purple Foods. The growth of online stores is also propelling the selling of high-end products. Market shifts toward healthier foods, population growth, enhanced cold chain logistics, adoption of automation systems and goods, and other factors are driving the global purple food industry.
Restraint
Climatic and Environmental Conditions and Resource Shortages
However, the industry could be vulnerable due to climatic and environmental conditions, resource shortages, and regulating regulatory changes from time to time.
Global Purple Foods Market: Key Players
Exberry
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Hollyberry B.V.
Jiangxi Cereal Food Co Ltd
Kanegrade
Kent Frozen Foods Ltd
Lemon Concentrate
Merry Berry
Nutraonly and Vinayak Ingredients India Pvt. Ltd
Other Prominent Players
Global Purple Foods Market: Regions
Global Purple Foods market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific and the Middle East and Africa.
Global Purple Foods in APAC held the largest market share in the year 2020. The increasing adoption of Western culture in the area, rising disposable income, and the on-the-go snacking trend among the urban population due to busy lifestyles are all factors driving the APAC region's development. During the time span under review, Asia-Pacific is expected to be the fastest-growing regional segment.
Global Purple Foods Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Global Purple Foods Market report also contains analysis on:
Purple Foods Segments:
By Type
Fruits
Grains
Legumes
Vegetables
Other
By Distribution Channel
Convenience stores
Hypermarkets & supermarkets
E-commerce platforms
Other
Purple Foods Market Dynamics
Purple Foods Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Purple Foods Market Report Scope and Segmentation
Frequently Asked Questions
How big is the Purple Foods market
What is the Purple Foods market growth
Which segment accounted for the largest Purple Foods market share
Who are the key players in the Purple Foods market
What are the factors driving the Purple Foods market
Contents
1. Executive Summary
2. Global Purple Foods Market
1. Product Overview
2. Market Definition
3. Segmentation
4. Assumptions and Acronyms
3. Research Methodology
1. Research Objectives
2. Primary Research
3. Secondary Research
4. Forecast Model
5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
1. Growth Drivers
2. Restraints
3. Opportunity
4. Trends
7. Correlation & Regression Analysis
1. Correlation Matrix
2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
1. Demand Risk Analysis
2. Supply Risk Analysis
10. Global Purple Foods Market Analysis
1. Porters Five Forces
1. Threat of New Entrants
2. Bargaining Power of Suppliers
3. Threat of Substitutes
4. Rivalry
2. PEST Analysis
1. Political
2. Economic
3. Social
4. Technological
11. Global Purple Foods Market
1. Market Size & forecast, 2020A-2030F
1. By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Volume (Billion Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global Purple Foods Market: Market Segmentation
1. By Regions
1. North America:(U.S. and Canada), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Type: Market Share (2020-2030F)
1. Fruits, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Grains, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Legumes, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Vegetables, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
5. Other, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. By Distribution Channel : Market Share (2020-2030F)
1. Convenience Stores, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Hypermarkets & supermarkets, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. E-commerce Platforms, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Other, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
Company Profile
1. Amica Chips
1. Company Overview
2. Company Total Revenue (Financials)
3. Market Potential
4. Global Presence
5. Key Performance Indicators
6. SWOT Analysis
7. Product Launch
2. Hollyberry B.V.
3. Jiangxi Cereal Food Co Ltd
4. Kanegrade
5. Kent Frozen Foods Ltd
6. Lemon Concentrate
7. Merry Berry
8. Nutraonly and Vinayak Ingredients India Pvt. Ltd
9. Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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