Growth of 500% for the global market if ...

The global market for blueberries may exceed the growth of 500% if China, South America and Europe reach the same level of consumption as the United States.

According to the latest report from DGC Asset Management, regarding the world market of blueberries, the demand is high but can become phenomenal. Currently about 80% of world production is consumed in North America, but other countries have huge potential. So Chinese demand is expected to triple the world market in 10 years.

However, despite the growing demand, the global production of blueberries should only increase by 10% year by year, according to predictions of North America Blueberry Council. Experts predict that the gap between the supply and the demand will lead the prices to the top.

source : food bev com