Gooseberry Market

Global Gooseberry Market Size (2024 to 2029)

The global gooseberry market is expected to reach a market size of USD 1.25 billion by 2024, and its value is expected to reach USD 1.54 billion by 2029 with a CAGR of 4.3%

Gooseberry belongs to the genus Ribes and is one of the species in the family Grossulariaceae. Ribes consist of mainly two sub branches, currants and gooseberries. Gooseberries come in different colors, tastes, and forms and are used as fruits and ornamentals. These fruits can be seen in black, green, red, orange, yellow, purple, white, etc. The fruit is commonly characterized by a very tart or sour flavor, except for the red/purple ones, which have a slightly sweeter taste and is used in several deserts. In addition, the blossoming flowers of the plant are used for decorations. Gooseberries are most predominantly grown in northern America and European continents. However, the growing acceptance and demand for fruit worldwide support the growth of the gooseberry market.

MARKET DRIVERS

The primary health benefits of gooseberries are a principal reason for the gooseberry market growth during the forecast period. The fruits are rich in vitamins B5, B6, and C, along with high amounts of copper, potassium, and manganese, leading to several health benefits. The high nutritional value of the Food has led to increasing popularity among growing health-conscious populations. Additionally, gooseberries have minimal fat content and are high in fiber, which helps with digestion and gut health. Furthermore, they also promote healthy skin, a more robust immune system, good metabolism, healthy hair, a timely menstruation cycle, healthy reproductive activity, and bone formation. Additionally, they help reduce excess body fat and can aid in weight loss, preventing and supporting recovery for several chronic conditions like diabetes, cancer, and even cardiac problems. Furthermore, the fruits are also said to protect the brain and produce antioxidants and phytonutrients like Anthocyanins, Flavonols, Aromatic acids, Organic acids, etc., with multiple health benefits, including anti-cancer properties leading to market growth.

The increasingly health-conscious populations and the ease of consumption of gooseberries in a wide variety of foods support the market's growth. These colorful fruits are used to make several foods like pies, custards, jams, and even in alcohol like gin, cakes, tarts, etc. in some Asian countries, they are used as a pickling ingredient and used to make spicy pickles, murabba, candy, chutney, etc. Therefore, the various forms of consuming it leads to demand for the gooseberry market. Additionally, gooseberries are easy to grow, and cultivation does not require excessive effort and they can even be grown in small gardens and jars, additionally, they are a self-pollinating plantation and therefore don't require much attention.

Gooseberries are used in herbal medicine for their medicinal properties and are said to have anti-aging properties. They are often used in dermatological products to prevent early skin aging and help overcome wrinkles and fine lines. They are also used to treat pimples/acne and cleanse/brighten the skin, burning excessive fats and protecting the skin from heat and sunlight. The fruits are also used in skin care products like shampoos and conditioners as they promote smooth and healthy hair. Therefore, the several beauty benefits of the food also promote the gooseberry market demand.

MARKET RESTRAINTS

Although gooseberries have several advantages, they have specific side effects that must be considered when consuming them. For example, the most common type produced by the name Ribes uva-crispa also known as Currant-Gooseberry or Hairystem gooseberry, has threats of insect infestation and needs to be appropriately processed and evaluated to avoid aphids ad formation of black fungus before consumption. Additionally, the Indian gooseberry (Amla), extensively used for its health benefits, has several side effects and an increased risk of bleeding disorders. Therefore, it is recommended to avoid the consumption of fruit in pregnant and lactating mothers. These drawbacls may act as barriers to the gooseberry market.

IMPACT OF COVID-19 ON THE GLOBAL GOOSEBERRIES MARKET

Covid-19 resulted in losses for several significant industries leading to economic downfall worldwide. However, the gooseberry market had a positive impact from the pandemic as gooseberries were proven effective in improving immunity, and the populations started taking an interest in supplements to boost their natural immunity against the virus. Therefore, the gooseberry market received a boost during the pandemic.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Gooseberry market Analysis By Variety

Ribes Uva-Crispa and Ribes Hirtellum are North American and Europe's gooseberry varieties. Since these two continents are the most promising producers and exporters of gooseberry, the segments are expected to witness growth during the forecast period. In addition, these gooseberry varieties, otherwise known as currants and wild gooseberry, are grown domestically and commercially all over the regions promoting segment growth. Therefore, the segment helps the gooseberry market size expansion.

However, the Phyllanthus Embilica, the Indian gooseberry variety also known as amla, has recently gained popularity due to its medicinal properties and several health benefits. Amla has been used in ayurvedic medicine since ancient times, and ayurveda has gained prominence as a medicinal field. Therefore, the segment is also expected to grow during the forecast period.

Global Gooseberry market Analysis By Colour

The Red and black varieties of gooseberry are the most popular, as they are the most commonly sold and used in various recipes. However, green gooseberries are recently gaining popularity due to their extensive applications in the health and beauty industry.

Global Gooseberry market Analysis By Product

The Jam segment is expected to dominate the market during the forecast period as it is the most popular form of consuming gooseberries among populations. Furthermore, as they are a soft fruit, they make great material for jamming when mixed with sugar and give a pleasantly sweet and slightly sour taste.

However, the Chutney and powder segments are also expected to gain popularity as the powder is taken either directly or mixed with water in the form of a health supplement. Chutney is an Asian specialty and has recently gained popularity among groups.

Global Gooseberry Market Analysis By Application

The Food and beverages segment currently dominates the market due to the wide range of gooseberry dishes and condiments worldwide. Additionally, the recent trend for gooseberry flavor health drinks and flavored snacks like candies and dried spicy varieties support the segment's growth. Therefore, this segment is expected to promote the gooseberry market revenue during the forecast period.

Ayurved and personal care segments are expected to have sizable revenue during the forecast period due to the growing medicinal applications of gooseberry and their positive effects on skin and hair health, leading to revenue for the segment.

Global Gooseberry Market Analysis By Distribution Channel

The Super and hypermarkets segment is expected to dominate the market during the forecast period due to the broad reach and presence of supermarkets in multiple locations and the continuous inflow of consumers in these grocery business giants.

However, the online segment is also expected to have significant revenue due to the growing trend for online purchases. The increasingly technology-oriented digitalization of the world is supporting the segment's growth. Additionally, the convenience of home delivery, especially after the pandemic and growing E-commerce websites, is leading to growth for the segment.

REGIONAL ANALYSIS

The European Region is expected to dominate the market during the forecast period due to the highest production of gooseberries in countries like Russia, Ukraine, The U.K., Switzerland, Germany, etc. Additionally, the European Region has the most common type of gooseberry, the name currant gooseberry, which is widely produced in Britain. Furthermore, these fruits have been produced in the European continent since the 17th century and are used as desserts, juices, and jams. Additionally, the fruits are grown in hundreds of varieties, supporting gooseberry market growth. However, the North American Region is also expected to grow due to the increasing number of key market players and consumers for gooseberry in the Region. Additionally, Countries like the U.S. and Canada have year-round availability of the fruit in all grocery stores, leading to revenue for the market.

The Asia-Pacific region is also expected to have revenue in the market due to the extensive use of gooseberries in ayurvedic medicine and local condiments like pickles, murabba, chutneys, and amla chili recipes, especially in countries like India, China, Japan, South Korea, etc. supporting market growth. Additionally, amla is used for its nutritional and beauty benefits in Asian countries, supporting market growth in the Region. Additionally, the Indian government provides subsidies to farmers wanting to start gooseberry cultivation, supporting market growth.

KEY PLAYERS IN GLOBAL GOOSEBERRY MARKET

key players in global gooseberry market are Taiyo Kagaku, Bemis, Innophos, Himalaya Drug Company, BioMax Life Sciences, Patanjali Ayurved, Dabur, Berry Plastics.

RECENT HAPPENINGS IN THE MARKET

• In February of 2023, Kerry group, a global leader in tasty nutritional foods, decided to include heirloom recipes into their everyday food creations. The company believes that healthy foods and beverages can be enhanced through innovative recipes passed down through generations in families. Therefore, the company plans to promote authentic foods and give consumers a sense of nostalgia and comfort. The company stated that it would concentrate on traditional Asian flavors like Cardamom, Japanese Miso, Gooseberry, and Hawthorn.
• In September 0f 2022, Patanjali foods, one of the FMCG industry giants, decided to hire more senior executives and spend more on advertising its unique food market. Patanjali is an ayurvedic medicine franchise that has expanded into the food industry in recent years, and it advertises its foods as healthy and nutritious. Some of the bestselling gooseberry goods of the franchise are its amla juice, chawanprash, and amla candy.
• In May 2020, Dabur, the ayurvedic giant chawanprash with several beneficial ingredients, including Indian gooseberries, gained immense popularity as an immunity booster. Populations started to buy out chawanprash to support their health system leading to an immense profit for the company.

DETAILED SEGMENTATION OF THE GLOBAL GOOSEBERRY MARKET INCLUDED IN THIS REPORT

This research report on the global gooseberry market has been segmented and sub-segmented based on variety, colour, product, application, distribution channel and region.

By Variety

• Ribes Hirtellum - North America Gooseberry
• Ribes Uva-Crispa - European Gooseberry
• Phyllanthus Emblica - Indian Gooseberry

By Colour

• Yellow
• Green
• Red
• White

By Product

• Gooseberry Chili Sauce
• Gooseberry Tablets
• Gooseberry Powder
• Gooseberry Chutney
• Gooseberry Jam
• Gooseberry Liqueur
• Others

By Application

• Food & Beverages
• Personal Care
• Nutraceuticals
• Ayurveda Medicine
• Others

By Distribution Channel

• Specialty Stores
• Online Retail
• Supermarkets &Hypermarkets
• Others

By Region

• North America
• Europe
• APAC
• Latin America
• Middle East And Africa