Top Factors Driving the Global Gooseberry Products Market | Technavio

Technavio has published a new market research report on the global gooseberry products market from 2018-2022. (Graphic: Business Wire)

LONDON--()--Technavio market research analysts forecast the global gooseberry products market to grow at a CAGR of close to 8% during the period 2018-2022, according to their latest report.

This market research report segments the global gooseberry products market into the following applications (food and beverage, beauty and personal care, and pharmaceutical industry) and key regions (the Americas, APAC, and EMEA).

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio’s current offers

In this report, Technavio analysts highlight the growing number of organized retailing outlets as a key factor contributing to the growth of the global gooseberry products market:

Growing number of organized retailing outlets

With the help of supermarkets, hypermarkets, and specialty stores, organized retailers have spread their business worldwide. Ready-to-eat packaged food and beverages are primarily sold by large organized retailers as competitors in the market are highly dependent on them. Supermarkets are a major distribution channel for food and beverages as it enables easy access to the consumers. The growing global population density is increasing the demand for supermarkets.

According to a senior analyst at Technavio for food, “In the US, 38,000 supermarkets are expected to grow during the forecast period. A similar trend is expected to follow in countries such as Brazil, Chile, and Mexico. Food and beverage account for more than half of the sale in marts. This sale is expected to increase during the forecast period.”

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Global gooseberry products market segmentation

Of the three major applications, the food and beverage segment held the largest market share in 2017, accounting for nearly 55% of the market. The market share for this application is expected to increase by 2022. The fastest growing application is beauty and personal care, which will account for 30% of the total market share by 2022.

APAC was the leading region for the global gooseberry products market in 2017, accounting for a market share of 59% followed by EMEA and the Americas. By 2022, APAC is expected to witness an increase in market share. A major contributing factor is attributed to the health benefits of superfood products among consumers, which is increasing the sales of gooseberry products in all these regions.

Big savings with Technavio this February!

 

Get 20% OFF on all Education Technology reports. This offer is valid only till the 28th of this month.

 

OR

 

Celebrate winter sports with 23% OFF all reports in our Outdoor Gear library (Offer valid from Feb 9-25).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

Technavio market research analysts forecast the global gooseberry products market to grow at a CAGR of close to 8% during the period 2018-2022.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com