ÌÇÐÄvlog´«Ã½

Elderberry Extract Market Trends

Statistics for the 2023 & 2024 Elderberry Extract market trends, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Elderberry Extract trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Elderberry Extract Industry

Increasing Demand for Natural and Clean-label Ingredients in the Food and Beverage Segment Driving Market Growth

The global food and beverage industry is witnessing a surge in demand for natural and clean-label ingredients. Elderberry extract is derived from the Sambucus nigra plant, a readily available botanical source. This aligns perfectly with the growing consumer preference for natural ingredients and avoidance of artificial additives. Moreover, elderberry extracts are obtained through gentle extraction methods, preserving their natural characteristics, and minimal processing resonates with the clean-label mindset. Furthermore, elderberry extract's rich antioxidant content caters to the growing demand for functional food and beverages that combat free radicals and promote overall well-being. This aligns with the clean-label focus on ingredients that offer health benefits beyond basic nutrition. According to Agriculture and Agri-Food Canada, the revenue generated by the fortified/functional food market was USD 319.93 billion in 2023.

In addition, elderberry extract possesses a vibrant natural purple hue, making it a perfect colorant for manufacturers seeking clean-label alternatives to artificial colors. The growing preference for clean-label ingredients among consumers tends to impact the elderberry extracts market. For instance, according to the proprietary study conducted by Clean & Simple Food Ingredients in 2024, 99% of European manufacturers viewed clean-label products as essential to their business strategy, with 87% already incorporating these into their products. This caters to the growing consumer desire for transparency in ingredients and avoidance of synthetic additives. Thus, the growing demand for natural and clean-label ingredients is paving the way for elderberry extracts to become a prominent ingredient in the global food and beverage industry.

Elderberry Extract Market: Retail sales value of functional/fortified foods and beverages, (USD Billion), India, 2019-2023

Asia-Pacific is the Fastest-growing Regional Market

Asia-Pacific is rapidly becoming the hottest spot for the elderberry extracts market’s growth, outpacing other regions globally. As disposable incomes increase in many Asia-Pacific countries, consumers are prioritizing their health and well-being. This fuels the demand for functional foods and dietary supplements containing ingredients perceived to boost immunity and overall health. Moreover, traditional medicine practices in Asia have often emphasized preventative healthcare. Elderberry extract, with its perceived immune-supporting properties, aligns with this cultural emphasis on staying healthy. Furthermore, rapid urbanization across Asia-Pacific leads to busier lifestyles. Consumers seek convenient ways to support their health, offering elderberry extracts in dietary supplement formats like capsules, gummies, and syrups that are highly appealing. According to the Korean Health Functional Food Association (KHFF), in April 2024, 84.4% of the country’s 51.8 million people consumed health supplements.

Moreover, many Asia-Pacific countries are experiencing a growing aging population. Elderberry extract, with its potential benefits for immune health, might be particularly attractive to this demographic. According to the National Bureau of Statistics of China, 14.9% of the population in China was above 60 years old in 2022, which increased to a 15.4% share in 2023. Thus, the confluence of rising health consciousness, busy lifestyles, growing awareness, and unique market dynamics is propelling Asia-Pacific to become the market leader in elderberry extract demand.

Elderberry Extract Market: Market Size (In %), By Region, Global, 2023

Elderberry Extract Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)