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Gooseberry Market - Forecasts from 2023 to 2028

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    Report

  • 139 Pages
  • July 2023
  • Region: Global
  • Knowledge Sourcing Intelligence LLP
  • ID: 5853228

The global gooseberry market was valued at US$182.534 million in 2021.

Gooseberry is a fruit that is edible, green in color, and native to Europe and Asia. It is a member of the current family closely related to raspberries and blackberries. Gooseberries are tiny, round berries that can be found in a range of colors, such as green, yellow, and red. They are used in jams, jellies, desserts, drinks, and other dishes because of their distinctive sour and acidic flavor.

The demand for gooseberries is driven by various factors, including increasing nutritional benefits, increasing awareness of traditional & indigenous ingredients, expanded cultivation & availability, and culinary versatility. The demand for gooseberries is increasing due to their health benefits. Gooseberries are a good source of fiber, antioxidants, and vitamins C and K. The immune system depends on vitamin C, which protects the body from free radical damage. Fibre is important for digestive health and can help to regulate blood sugar levels, whereas vitamin K is essential for clotting and bone health. Free radicals may harm the body and cause conditions like cancer and diabetes. Antioxidants aid in defending the body against this damage. As a result, one of the major reasons fuelling the expansion of the market is the rise in health consciousness and the prevalence of chronic diseases.

However, limited production, short shelf life, and lack of awareness might negatively influence market growth. Manufacturers are continually developing new products and formulations that incorporate gooseberries. This includes juices, wines, flavored spirits, and even beauty products. Introducing gooseberry-based products and promoting their unique flavors will provide new opportunities to the market players.

The nutritional benefits and the growing demand for exotic and unique flavor profiles support the global gooseberry market growth.

Gooseberries are rich in essential nutrients, including vitamins, particularly vitamin C, minerals, and antioxidants. They are known for their potential health benefits, such as boosting immunity, improving digestion, and supporting heart health. The growing focus on healthy eating and functional foods has propelled the demand for gooseberries as a nutritious ingredient.

Consumers are increasingly seeking distinctive and exotic flavors in their food and beverages. Gooseberries provide a distinct tartness and flavor profile that appeals to consumers looking for new taste experiences. The rising popularity of gourmet and specialty foods has contributed to the increased demand for gooseberries. Gooseberries can be used in various dishes, including jams, pies, sauces, and drinks. Their tartness gives a variety of foods and beverages a distinctive flavor depth. To create unique and varied culinary items, food producers and chefs increasingly use gooseberries in their recipes. For instance, in May 2020, Edinburgh Gin launched new gooseberry and elder flower-flavored gin for summer.

During the forecast period, Europe is anticipated to hold a significant share of the global gooseberry market.

European region will experience rapid expansion throughout the projection period due to the increasing demand for gooseberry-flavored food and beverages. Gooseberries have a rich culinary heritage in Europe, particularly in countries like the United Kingdom, Germany, and the Nordic countries. They are used in traditional recipes for jams, jellies, pies, tarts, and sauces, adding a distinct tangy flavor to these dishes. The familiarity and appreciation of gooseberries in European cuisines are driving their demand. This region's market is also expanding due to the high population and rising food demand. According to the FAOSTAT, gooseberries, and currants are Germany's most commonly grown berry crop. Moreover, the presence of a well-established agriculture industry and increasing investment are also spurring regional demand for gooseberries. In addition, the prevalence of key market players such as Berry Gardens, British Berry Company, Cotswold Fruit and Gooseberry Growers Association, and others also spur the growth of gooseberries in this region.

Market Developments:

  • In September 2022, in Tiruvannamalai, India, the Tamil Nadu government started a significant tree-planting initiative. To enhance the amount of green space in areas with low tree densities, the Green Tamil Nadu Mission 2023-24 launched the program. 345 communities across the districts will be included in this effort. Other plant species used were guava, rosewood, mango, and gooseberry.
  • In June 2020, the Queensland Government developed a USD 2 million agricultural diversification project as part of its Unite and Recover initiative. This initiative aims to increase capacity and investigate new prospects for agricultural enterprises to diversify. This initiative involves framers, primary crop producers, and specialty crop growers of Asian vegetables, Rosella, Cape Gooseberries, Red Bora Beans, and Chilies.

Market Segmentation:

By Variety

  • Ribes Uva-Crispa
  • Ribes Hirtellum
  • Phyllanthus Emblica

By Color

  • White
  • Yellow
  • Green
  • Red

By Product

  • Powder
  • Jam
  • Sauce
  • Liqueur
  • Tablets
  • Others

By Application

  • Medicine
  • Nutraceuticals
  • Food & Beverage
  • Personal Care
  • Others

By Geography

  • North America
  • United States
  • Canada
  • Mexico
  • South America
  • Brazil
  • Argentina
  • Others
  • Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Others
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • Israel
  • Others
  • Asia Pacific
  • Japan
  • China
  • India
  • South Korea
  • Indonesia
  • Thailand
  • Others

Table of Contents

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. GLOBAL GOOSEBERRY MARKET BY VARIETY
5.1. Introduction
5.2. Ribes Uva-Crispa
5.3. Ribes Hirtellum
5.4. Phyllanthus Emblica
6. GLOBAL GOOSEBERRY MARKET BY COLOR
6.1. Introduction
6.2. White
6.3. Yellow
6.4. Green
6.5. Red
7. GLOBAL GOOSEBERRY MARKET BY PRODUCTS
7.1. Introduction
7.2. Powder
7.3. Jam
7.4. Sauce
7.5. Liqueur
7.6. Tablets
7.7. Others
8. GLOBAL GOOSEBERRY MARKET BY APPLICATION
8.1. Introduction
8.2. Medicine
8.3. Nutraceuticals
8.4. Food & Beverage
8.5. Personal Care
8.6. Others
9. GLOBAL GOOSEBERRY MARKET BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. United States
9.2.2. Canada
9.2.3. Mexico
9.3. South America
9.3.1. Brazil
9.3.2. Argentina
9.3.3. Others
9.4. Europe
9.4.1. United Kingdom
9.4.2. Germany
9.4.3. France
9.4.4. Spain
9.4.5. Others
9.5. Middle East and Africa
9.5.1. Saudi Arabia
9.5.2. UAE
9.5.3. Israel
9.5.4. Others
9.6. Asia Pacific
9.6.1. Japan
9.6.2. China
9.6.3. India
9.6.4. South Korea
9.6.5. Indonesia
9.6.6. Thailand
9.6.7. Others
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrativeness
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix
11. COMPANY PROFILES
11.1. Taj Agro
11.2. Innophos
11.3. Patanjali Ayurved
11.4. The Himalaya Drug Company
11.5. Taiyo Kagaku
11.6. Moom Health
11.7. Dabur

Companies Mentioned

  • Taj Agro
  • Innophos
  • Patanjali Ayurved
  • The Himalaya Drug Company
  • Taiyo Kagaku
  • Moom Health
  • Dabur

Methodology

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