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About this market
The expansion in the retail landscape is one of the key factors expected to promote the berries market growth during the forecast period. Berries including strawberry, blackberry, blueberry, and grapes are primarily sold by large organized retailers including Tesco, Walmart, and others. Supermarkets constitute a major distribution channel and offer several nutritious and affordable food products simultaneously. Convenience and value for money are other critical parameters for consumers resulting in the increasing number of supermarkets to stock a wide assortment of products under one roof while boosting the berries market growth during the forecast period. analysts have predicted that the berries market will register a CAGR of almost 6% by 2023.
Market Overview
Expansion in the retail landscape
The growing presence of supermarkets, hypermarkets, and specialty stores across the world is indicative of the proliferation of the organized retail sector, which will drive the growth of the market during the forecast period.
Increasing product recalls due to contamination
Product recalls can negatively affect the market as consumer lose their confidence in products and brands. They can affect the reputation of vendors result in additional financial liability in terms of compensation to settle various litigations filed against them by consumers.
For the detailed list of factors that will drive and challenge the growth of the berries market during 2019-2023, view our report.
Competitive Landscape
The market appears to be fragmented with the presence of several market players. Various retailers across the globe are focusing on introducing their own brands of fruit products like berries to capitalize on the growing demand for berries among consumers. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
The expansion in the retail landscape is one of the key factors expected to promote the berries market growth during the forecast period. Berries including strawberry, blackberry, blueberry, and grapes are primarily sold by large organized retailers including Tesco, Walmart, and others. Supermarkets constitute a major distribution channel and offer several nutritious and affordable food products simultaneously. Convenience and value for money are other critical parameters for consumers resulting in the increasing number of supermarkets to stock a wide assortment of products under one roof while boosting the berries market growth during the forecast period. analysts have predicted that the berries market will register a CAGR of almost 6% by 2023.
Market Overview
Expansion in the retail landscape
The growing presence of supermarkets, hypermarkets, and specialty stores across the world is indicative of the proliferation of the organized retail sector, which will drive the growth of the market during the forecast period.
Increasing product recalls due to contamination
Product recalls can negatively affect the market as consumer lose their confidence in products and brands. They can affect the reputation of vendors result in additional financial liability in terms of compensation to settle various litigations filed against them by consumers.
For the detailed list of factors that will drive and challenge the growth of the berries market during 2019-2023, view our report.
Competitive Landscape
The market appears to be fragmented with the presence of several market players. Various retailers across the globe are focusing on introducing their own brands of fruit products like berries to capitalize on the growing demand for berries among consumers. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
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- By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
