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Cranberry Extract Market Size, Share And Growth Analysis Report For 2023-2030

The Global Cranberry Extract market was valued at USD 104.27 million in 2023 and is expected to reach USD 129.64 million by the year 2030, at a CAGR of 3.16%.

The cranberry extract market refers to the commercial sector involved in the cultivation, processing, and distribution of products derived from cranberries. Cranberry extract is obtained from cranberry fruit, known for its rich content of bioactive compounds, particularly proanthocyanidins (PACs). These compounds are associated with potential health benefits, including supporting urinary tract health. The market encompasses a range of products such as capsules, tablets, powders, juices, and other formulations, catering to consumer demand for natural and functional ingredients. The industry operates on a global scale, with cranberry cultivation and extraction activities in various regions. The market is influenced by factors such as consumer awareness of health benefits, trends in functional foods and beverages, and ongoing research exploring additional health-promoting properties of cranberry extract.

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12:48 PM - Jan 18, 2024 (UTC)

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