Reports
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200
Continental Drive, Suite 401,
Newark, Delaware - 19713,
United States
Americas
Future Market Insights, Inc.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989, United States
MEA
Future Market Insights
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
W1B 3HH London
United Kingdom
Asia Pacific
Future Market Insights
IndiaLand Global Tech Park, Unit UG-1, Behind Grand HighStreet, Phase 1, Hinjawadi, MH, Pune – 411057, India
The Mulberry market is valued at USD 40.0 Bn in 2022 and is projected to grow at a CAGR of 4.9% during the forecast period, to reach a value of USD 66.7 Bn by 2032. Newly released data from Future Market Insights market analysis shows that global Mulberry demand is projected to grow year-on-year (Y-o-Y) growth of 3.9% in 2022.
Attributes | Details |
---|---|
Market Size Value in 2022 | USD 23.7 Billion |
Market Forecast Value in 2032 | USD 38.6 Billion |
Global Growth Rate (2022 to 2032) | 4.9% CAGR |
Forecast Period | 2022 to 2032 |
Collective Value Share: Top 3 Countries (2021A) | 41.4% |
The leaves of the mulberry, a blooming deciduous plant that produces edible fruits, are frequently utilized in sericulture. There are 300 different mulberry types in existence today. The juicy, succulent mulberry fruit is native to North America and North-Eastern Europe. The desire for antioxidant-rich super fruits, the production of silkworms, and other causes are all credited with the expansion of the mulberry business.
Mulberry trees are grown for their fruits, leaves, and silkworms, which provides growers with excellent commercial potential. Mulberry has recently experienced significant growth in the pharmaceutical and cosmetic sectors as a result of a transition to a healthier lifestyle. Mulberry is also recognized to have numerous anti-bacterial qualities.
Mulberry leaves are mostly used to feed silkworms in places like Japan. Mulberry leaves are occasionally also fed to chickens. The Mediterranean, Asia, Turkey, and Greece are among the locations where the white mulberry can be found. White mulberry fruit is pricey due to its high antioxidant, vitamin, and mineral content.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
There has recently been an increase in interest in using mulberry as a lower-quality alternative for farm animals. The fact that producers are using varieties like white mulberry to create sophisticated supplements is evidence of the mulberry fruit's widespread use in dietary supplements.
The focus of many mulberry producers and processors is on achieving scientific agreement to back up the health and nutritional benefits of mulberries. The national Italian positive list for dietary supplements includes several mulberry health advantages, including antioxidant, detox, and vascular and digestive health.
With shifting customers' views on their health, food supplements containing mulberries are becoming increasingly popular in the market. Particularly prevalent in places like Europe. However, in the mulberry industry, consumer awareness is only moderate. Effective marketing should be done while keeping in mind the target market, which includes people who value their health.
Additionally, the establishment of retail outlets should be the primary strategy for the growth of the mulberry market because there is a high demand for mulberries but a low supply. Superfruits have been in high demand within the food sector, therefore marketing and the creation of strategic alliances with the snack food and frozen dessert industries is a very strong possibility. Another important factor influencing the expansion of the mulberry business is the promotion of the mulberry's ethical and environmental aspects.
In 2022, US Mulberry demand is estimated to account for 78.4% in North America, Factors such as the large population and the growing demand for the dietary supplement, the increasing popularity of super fruits, and growing awareness of the medicinal properties of Mulberry’s are driving the US market.
White mulberry (Morus alba), black mulberry (Morus nigra), and red mulberry (Morus rubra) are the three most popular commercial mulberry species. Each of these species has a variety of cultivars. White mulberry is native to eastern and central China; red mulberry is native to areas of the central and eastern United States, and black mulberry is native to western Asia. Fruits from black mulberry are said to have the best flavor with an equal blend of sweet and tart. Black Mulberry is projected to grow with a CAGR of 8.9% during the forecast period
In 2021, the food service represented a sizeable portion of global revenue and continued to be the principal market for Mulberrys which is 8.9% market share in 2022.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The promotion of mulberries' nutritional advantages may be another area for marketing for manufacturers as mulberries with a dark color are high in anthocyanins. Anthocyanins have been demonstrated in studies to have a variety of health advantages, including anti-inflammatory and anti-carcinogenic qualities as well as abilities to help lessen the risk of diabetes.
Attribute | Details |
---|---|
Market Size Value in 2022 | USD 23.7 Billion |
Market Forecast Value in 2032 | USD 38.2 Billion |
Global Growth Rate | 5.1% CAGR |
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | MT for Volume and USD Billion for Value |
Key Regions Covered | North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA |
Key Countries Covered | United States, Canada, Brazil, Mexico, Argentina, Chile, Peru, Germany, France, Italy, Spain, UK, Netherlands, Belgium, Nordic, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Singapore, Australia, New Zealand, GCC Countries, South Africa, Central Africa, North Africa, and others |
Key Market Segments Covered | Product type, Nature, From, End-Use Application |
Key Companies Profiled |
|
Pricing | Available upon Request |
The Mulberry market is estimated to reach sales of nearly USD 23.7 Bn by 2022.
Mulberry market revenue is expected to increase at a CAGR of around 4.9% during the period 2022-2032.
Mulberry sales increased a CAGR of around 4.1% over the past half-decade.
The global Mulberry market value is estimated to be around USD 23.7 Bn in 2032.
The top countries driving the Mulberry demand are the US, Germany, China, and UK.
Explore Food and Beverage Insights
View Reports