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From Farm to Table: Acerola Extract Market Insights and Supply Chain Analysis
Acerola extract, derived from the fruit of the Acerola cherry (Malpighia emarginata), has gained significant attention in recent years due to its numerous health benefits and wide range of applications. This extract is rich in vitamin C, antioxidants, and other essential nutrients, making it a valuable ingredient in various industries. In this article, we will provide a detailed insight into the acerola extract market, encompassing its definition, market overview, growth prospects, industry applications, and current trends.
Definition: Acerola extract is a natural substance obtained from the Acerola cherry, which is native to Central and South America. This extract is renowned for its exceptionally high vitamin C content, far exceeding that of most other fruits. It is usually available in various forms, including powder, liquid, and capsules, and is used for its nutritional and therapeutic properties.
Market Overview: The acerola extract market has witnessed robust growth in recent years, primarily driven by increasing consumer awareness of the health benefits associated with acerola cherries. The rising demand for natural and organic products has also contributed to the market's expansion. Acerola extract finds applications in the food and beverage, dietary supplement, pharmaceutical, and cosmetic industries, further boosting its market presence.
Market Growth: The acerola extract market is expected to continue its growth trajectory in the coming years. Factors such as the growing preference for natural and clean-label products, the increasing focus on health and wellness, and the rising prevalence of lifestyle-related diseases are anticipated to drive market growth. Moreover, ongoing research into the potential therapeutic uses of acerola extract is likely to open new avenues for market expansion.
Market Industry: The acerola extract market industry encompasses a wide range of players, including manufacturers, suppliers, and distributors. Major companies in this industry are continually innovating to develop new product formulations and expand their product portfolios. Additionally, partnerships and collaborations between industry players and research institutions are driving advancements in acerola extract technology and applications.
Trends: Several key trends are shaping the acerola extract market. One notable trend is the increasing incorporation of acerola extract into functional foods and beverages. This trend aligns with the growing consumer preference for products that offer both nutritional benefits and convenience.
Furthermore, sustainable sourcing practices and eco-friendly packaging have become essential considerations for consumers. Many companies in the acerola extract market are responding by adopting environmentally responsible practices and emphasizing sustainability in their branding.
In conclusion, the acerola extract market is experiencing significant growth due to its valuable nutritional properties and versatile applications. With increasing consumer demand for natural and healthy products, this market is poised to thrive in the years to come. Moreover, ongoing research and innovation in the field of acerola extract will likely lead to new and exciting developments in this industry.
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Acerola Extract Market Analysis, Trends and Dynamic Demand by Forecast 2023 to 2033
Acerola Cherry Powder is a popular ingredient in dietary supplements, functional foods and beverages, and personal care products due to its high concentration of vitamin C and antioxidants. The extract is typically obtained by processing the acerola fruit through various methods, such as freeze-drying, spray-drying, or extraction with solvents.
The acerola extract market is projected to be worth US$ 19,513.3 million in 2023 and to grow to US$ 40,567.06 million by 2033. From 2023 to 2033, the market is anticipated to grow at a CAGR of 7.6%.
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Globally rising levels of diabetes, obesity, and cardiac issues have shifted consumer focus towards natural, fruit-based, and healthy products. This is well reflected in the recent emergence of ‘superfruits’, a term that refers to highly nutritious fruits. Acerola and its derivatives fit well into this context, given the fruits’ impressive nutrient profile. Apart from Vitamin C, acerola is rich in pectin, pectolytic enzymes, carotenoids, fibre, Vitamin B, proteins, and other salts. Additionally, acerola supplement contains relatively low calories and exhibits a fat-free nature, which further enhances its nutritional profile. Acerola fruit extract has found wide opportunities in the cosmetics industry due to its ability to provide several skin related benefits, much of which is centred on its high Vitamin C concentration. It acts as an antioxidant and prevents free radicals that can cause skin aging; brightens the skin tone; and increases the skin’s ability to retain moisture. These factors are expected to boost demand and subsequently boost the global acerola fruit extract market growth in terms of revenue over the forecast period.
Segmentation highlights
The global acerola cherry extract market is segmented on the basis of Product Form (Powder, Liquid) and Application (Beverages, Food Supplements, Meat Preservation, Snacks, Bakery Preservation, Confectionery Products, Others).
The Powder segment is anticipated to be valued at US$ 5,057.5 Mn by 2016 end and is projected to expand at a CAGR of 8.6% during 2016 – 2026
The Food Supplements application segment is anticipated to be valued at US$ 2,102.1 Mn by 2016 end. The Food Supplements application segment is anticipated to witness a CAGR of 8.7% between 2016 and 2026. The Beverages application segment is projected to create absolute $ opportunity of US$ 126.2 Mn in 2016 over 2015
Regional market projections
The global acerola extract market is segmented into the seven key regions of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA), and Japan. The North America acerola extract market was valued at US$ 1,728 Mn in 2015, which is likely to increase at a CAGR of 8.1% during the assessed period to reach US$ 2,715.6 Mn by the end of 2021. Increasing use in pharmaceutical applications is driving the North America acerola extract market. The APEJ acerola extract market is expected to be valued at US$ 2,835.6 Mn by the end of 2026. Increasing supply chain and production facilities in APEJ are anticipated to drive revenue growth of the market.
Vendor insights
The global acerola extract market report features some of the leading companies operational in the worldwide market. Companies profiled in the report include Nature’s Power Nutraceuticals Corp., Niagro, Naturex, Nutrilite (Amway), Duas Rodas Industrial, Diana Naturals, Nichirei Corporation, iTi Tropicals, NutriBotanica, Vita Forte Inc., Florida Food, Inc., Optimally Organic, The Green Labs LLC, Blue Macaw Flora, and Amazonia Exportacao E Representacao. Top market companies are focussing on expanding their supply chain network globally and are producing and supplying products in partnership with local players to enhance their sales and distribution network.
Market segmentation
By Product Form:
Powder
Liquid
By Application:
Food Supplements
Beverages
Confectionery Products
Snacks
Meat Preservation
Bakery Preservation
Others
By Region:
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan (APEJ)
Middle East & Africa (MEA)
Japan
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Acerola Extracts Market: Top Suppliers, Business Development Market and Forecast for 2024
Market Overview
Acerola is a small fruit resembling cherry. The fruit is widely found in the tropical areas of the Western Hemisphere. Acerola has medicinal properties which is why it’s always in high demand. This cherry-like fruit is rich in vitamin A and C and other vitamins like niacin, riboflavin, and thiamine. Acerola is largely used in preventing or curing scurvy, an ailment caused by the lack of vitamin C in the body. It finds wide application in thwarting heart diseases that block or harden the arteries. Additionally, Acerola prevents cancer, blood clots, common cold, retinal hemorrhages, pressure sores, gum infections, collagen disorders, tooth decay, hay fever, and depression. Acerola is often used by athletes for improving immunity and vigor. The fruit extracts are often used in frozen dairy, baked goods, jellies, jams, snacks, confectioneries, dietary supplements, and beverages, among others. As reported by Market Research Future (MRFR) global acerola extract market size can be estimated to generate USD 4 billion (approximately) by 2024. The market can be expected to record a growth at 8.4% CAGR over the forecast period 2019 to 2024. On account of the nutritional health advantages bore by the fruit, acerola extract has been anticipated to witness a sharp surge in various sectors. The gradual shift of consumer preferences toward healthy beverages is substantially driving the surging demand for acerola extract market. Moreover, the inclination towards natural food ingredients among the food manufacturing businesses has paved way for the expansion of acerola extracts market. Furthermore, acerola extract is being widely accepted as a beneficial cure to skin ailments and therefore, it has a bright future in the cosmetics and personal care industry, that is projected to further accelerate the growth of the global acerola extract market.
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Key Players
Global acerola extract market has been dominated by key players such as The Green Labs LLC (US), DuPont (US), Vital Herbs (India), Kemin Industries, Inc. (US), Vita Forte Inc. (US), Naturex (Givaudan) (France), Xi'an Shunyi Bio-Chemical Technology Co., Ltd (China), Martin Bauer Group (Germany), Herbal Creative (India), Foodchem International Corporation (China), Niagro Nichirei Group Company (Brazil), Panacea Phytoextracts Pvt. Ltd. (India), PLANTEX (France), Nutra Green Biotechnology Co.,Ltd. (China), and NutriBotanica (Brazil).
Market Segmentation
The worldwide acerola extract market has been segmented based on application, region, and category. Based on application, the global acerola extract market has been segmented into dairy & frozen desserts, dietary supplements, bakery & confectionery, sweet & savory snacks, beverages, and others. Based on region, the global acerola extract market has been segmented into Asia-Pacific, Europe, North America, and the rest of the world. The global acerola extract market in Asia-Pacific has been segmented into India, China, Australia & New Zealand, Japan, and the rest of Asia-Pacific. The European acerola extract market has been segmented into France, Germany, UK, Spain, and the rest of Europe. The North American acerola extract market has been segmented into Canada, Mexico, and the US. The market in the rest of the world has been segmented into the Middle East, Africa, and South America. Based on category, the global acerola extract market has been segmented into conventional and organic.
Regional Analysis
The worldwide Acerola extract market has been segmented into Asia Pacific, Europe, North America, and rest of the world (RoW). North America has been leading the market followed by Europe. The U.S. followed by Mexico are the key contributors of acerola extract market in North America. Asia Pacific has been anticipated to be one of the rapid growing regions over the forecast period. China and India are the key contributors in this area owing to the increasing health concerns and rise in healthy food habits. Latin America has also been expected to observe considerable growth over the forecast period in which Brazil is the key contributor.
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Acerola Extract Market Future Growth Insight And Competitive Outlook
“Acerola extract market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.8% in the forecast period of 2020 to 2027 and is expected to reach USD 4,258.10 million by 2027.”
High demand of the acerola extracts especially in nutraceuticals, functional foods and beverages have shown a potential growth in the requirement of acerola especially in powder form. Due to their potential biological effects with high vitamin C composition and their act as antioxidant majorly boosting the growth in their demand in nutraceuticals and supplements. In food and beverages for sport nutrition, bakery products, soups &sauces, jams, preserves & marmalade and RTD meal have led their higher demand in food and beverages industry.
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All the segments of the market have been thoroughly analyzed based on present and future trends. The research report has identified the key segments contributing most to the Acerola Extract growth in terms of revenue along with other vital factors impacting the market dynamics. Further, the market analysis covered in the report also answers the imperative question for new entrants and existing players operating in the market.
𝗜𝗺𝗽𝗮𝗰𝘁 𝗼𝗳 𝗖𝗢𝗩𝗜𝗗-𝟭𝟵:-
The outbreak of the COVID-19 pandemic since December 2019, had a major effect on the growth of the global Acerola Extract market, owing to the unavailability of required manual labor and strict travel rules worldwide, which restricted the movement of raw materials and finished products. Moreover, the sudden closing down of businesses and social distancing laws also affected the work in the manufacturing sector, which in turn affected the global Acerola Extract market.
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Acerola Extract Market Report Scope: By Form (Dry/Powder and Liquid/Paste), Type (Conventional and Organic), Application (Bakery Products, Sports Nutrition, Granola & Breakfast Cereals, Meat & Poultry Products, Confectionery Products, Dairy Products, Convenience & Processed Products, Beverages, Dietary Supplements, Cosmetics & Personal Care), Distribution Channel (Direct and Indirect), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Denmark, Sweden, Poland, Rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, New Zealand, Vietnam, Rest of Asia-Pacific, Brazil, Colombia, Peru, Rest of South America, South Africa, Ethiopia, Saudi Arabia, U.A.E., Qatar, Kuwait, Rest of Middle East and Africa)
The major players covered in the Acerola Extract market report are Kemin Industries, Inc., Florida Food Products, NP Nutra, Niagro - Nichirei do Brasil Ag. Ltda (A Subsidiary of NICHIREI CORPORATION), Naturex (A subsidiary of Givaudan), Advanced Biotech, HANDARY S.A., Bösch Boden Spies, Vital Herbs, Optimally Organic, Blue Macaw Flora, KINGHERBS, Vita Forte Inc., The Green Labs LLC., DuPONT, Foodchem International Corporation, Diana Group (A Subsidiary of Symrise), Amway, iTi Tropicals and Duas Rodas Institucional, among others.
Competitive Landscape and Acerola Extract Market Share Analysis
Acerola extract market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to global acerola extract market.
Rising Demand of Acerola Extract in convenience food and beverages
Acerola extract market also provides you with detailed market analysis for every country growth in industry withsales, components sales, impact of technological development in acerola extract and changes in regulatory scenarios with their support for the acerola extract market. The data is available for historic period 2010 to 2018
Table of Contents Covered In This Acerola Extract Market Report:
1 List of Tables and Figures
2 Introductions
3 Key Takeaways
4 Market Landscape
5 Global Acerola Extract Market and Key Industry Dynamics
6 Acerola Extract Market Overview, Forecast and Analysis
7 Global Acerola Extract Market Analysis By Solutions
8 Global Acerola Extract Market Analysis By Services
9 Global Acerola Extract Market Analysis By Industry Vertical
10 Global Acerola Extract Market Geographical Analysis
11 Industry Landscape
12 Competitive Landscape
13 Acerola Extract Market, Key Company Profiles
14 Appendix
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Acerola Extract Market to record robust growth rate in coming 10 years | The Green Labs LLC, Naturex, Diana Naturals
Global Acerola Extract Market report from Global Insight Services is the single authoritative source of intelligence on Acerola Extract Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Acerola extract is a natural ingredient derived from the Acerola cherry, a fruit native to Central and South America. The Acerola cherry is one of the richest known sources of vitamin C, containing up to 30% of the vitamin by weight. Acerola extract is commonly used as a dietary supplement to help prevent or treat vitamin C deficiency. It is also used in a variety of cosmetics and skin care products due to its antioxidant properties.
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Key Trends
Some of the key trends in Acerola Extract technology include:
-Acerola Extracts are becoming more concentrated and potent. This is due to advances in extraction methods and technology.
-Acerola Extracts are becoming more widely available. This is due to the increased popularity of Acerola Extracts and the fact that they are now being produced in more countries.
Key Drivers
The key drivers of the Acerola Extract market are the increasing demand for natural and organic products, the growing popularity of functional foods and beverages, and the rising awareness of the health benefits of Acerola Extract. The demand for natural and organic products is driven by the growing health consciousness of consumers and their preference for products that are free from synthetic ingredients. The popularity of functional foods and beverages is driven by the growing awareness of the health benefits of these products and the trend for healthy living.
Market Segments
By Form
Liquid
Powder
By Application
Food Supplements
Beverages
Meat Preservative
By Region
North AmericaUS
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Key Players
The Green Labs LLC
Naturex
Diana Naturals
Vita Forte Inc
Optimally Organic
Blue Macaw Flora
iTi Tropicals
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Acerola Extract Market to Witness Unprecedented Growth in Coming Years
According to the report “Acerola Extract Market by Application (Meat Products, Bakery Products, Confectioneries, Dairy & Frozen Desserts, and Beverages), Form (Dry and Liquid), Nature (Conventional and Organic), Functionality and Region – Global Forecast to 2026“, published by MarketsandMarkets™, the global Acerola Extract Market size is estimated to be valued at USD 16 Million in 2021. It is projected to reach USD 24 Million by 2026, recording a CAGR of 7.6%, in terms of value. The growing awareness among consumers regarding benefits associated with consumption of acerola extract is driving the demand for acerola extract.
The confectioneries segment is projected to grow at a CAGR of 7.0% in the acerola extract market
The acerola extract is used in confectionery as an antioxidant nutrient, which enhances the shelf-life of the products. It induces a tangy flavor in candies and other confectionery products. The acerola extract also plays an important role in increasing the nutritional value of products. The increasing disposable income has led to the rise in the consumption of confectioneries globally. The growth of the confectioneries industry is expected to drive the demand for acerola extract as well.
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The liquid segment accounts for the second-largest market share in the acerola extract market
Based on form, the liquid segment is the second-largest segment in the overall acerola extract market. The liquid acerola extract includes concentrates, blends, and juices, the demand for which is lesser compared to the dry form. According to industry experts, the share of the liquid form in the acerola extract market is smaller since the dry form offers a higher degree of convenience and storage, which is lacking in the liquid form.
The conventional segment is projected to account for the largest market share in the acerola extract market during the forecast period
By nature, the acerola extract market is segmented into conventional and organic. Conventional acerola farming includes synthetic chemical fertilizers, pesticides, herbicides, and other continual inputs. Hence, conventional acerola agriculture is typically highly resource-demanding and energy-intensive, increasing the total cost of production. However, conventional farming has high productivity as compared to organic farming. This factor fosters the growth of the conventional segment.
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The North America region is the largest region in the acerola extract market in the forecast period
North America is the largest region in the global acerola extract market in the forecast period. The presence of major acerola extract manufacturers such as Kemin Industries, Inc. (US) and The Green Labs LLC further drive the market in the region.
Key Players:
This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as DSM (Netherlands), Kemin Industries, Inc. (US), Dohler GmbH (Germany), The Green Labs LLC (US), Diana Food S.A.S. (France), Naturex S.A. (France), NutriBotanica (Brazil), Handary SA (Belgium), Foodchem International Corporation (China), and Nichirei do Brasil Agrícola Ltda. (Brazil).
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Acerola Extract Industry Is Growing At CAGR 5.9 % Between 2021-2027
Market Overview
Acerola is a bright red juicy berry consisting of various health beneficial attributes. The place of origin of acerola is Yucatan. It is distributed from there to Mexico, South Texas, Central America and Caribbean. It is cultivated in almost all the subtropical regions of the world recently. Acerola extract has gained popularity owing to its high vitamin C content. It also contains vitamin A, B, B1, B2 and B3 that are essential for maintaining the normal functionality of human body. It is used as an effective remedy for common cold, hay fever, depression, gum infection, tooth decay, and several other health issues globally. Acerola extract is mainly available in powder and liquid form which has high application in various industries.
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Competitive Landscape
The major players in the Acerola Extract Industry,
The Green Labs LLC (U.S.)
Amazonia Exportacao E Representacao (Brazil)
Nutrilite (Amway) (U.S.)
Naturex (France)
Nichirei Corporation, Inc. (Japan)
Vita Forte (U.S.)
Martin Bauer Group (Germany)
Market Segmentation
The global Acerola Extract Industry has been segmented based on category, application, and region.
On the basis of category, the global market has been classified as organic and conventional.
Based on application, the global market has been classified as bakery & confectionery, dairy & frozen desserts, beverages, sweet & savory snacks, dietary supplements, and others
The global market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.
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Regional Analysis
The global Acerola Extract Industry is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the market followed by Europe. The U.S. followed by Mexico are the major contributors of acerola extract market in North America. High inclination towards consumption of food supplements among the U.S. population is driving the acerola extract in North America. In Europe, U.K., Germany and France are the major contributors of acerola extract market.
Asia Pacific is expected to be the fastest growing region over the forecast period. India and China are the major contributors in this region due to growing health awareness and increase in consumption of healthy foods. Latin America is also expected to witness moderate growth over the estimated period in which Brazil is the major contributor.
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Acerola Extract Market Size, Development, Key Opportunity, Application and Forecast to 2027
September 2021: Axiom Market Research & Consulting (TM) has published a fact based analytical research study depicting numerous aspects of the Acerola Extract market across the globe. The comprehensive research study of Acerola Extract market focuses on growth drivers as well as challenges prevalent in the global Acerola Extract market impacting revenue growth of Acerola Extract market during the forecasted period. Additionally, the study also includes various opportunities & threats that are present in the Acerola Extract market. These factors differ in magnitude across various regions for which a detailed analysis is covered in this research report. The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.
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Covid-19 Scenario:
Coronavirus outbreak has impacted markets worldwide. Recovery after the correction from the virus impact could also be slow and gradual, in line with the economic recovery. While some verticals are likely to observe drop in demand, various other verticals will see promising growth opportunities. This exclusive study by Axiom Market Research explores the impact of COVID-19 pandemic on the global and regional economies, and its implications on Acerola Extract market. The report studies the impact of the crisis on the global economy by assessing parameters like consumption, GDP, business investment, residential investment, inventory, and governmental policies and decisions.
Global Acerola Extract Market: Key Companies
Some of the major players operating in this market are The Green Labs. Naturex, Diana food, Vita Forte Inc., Optimally Organic, Blue Macawa Flora, Parchem Fine & Speciality Chemical, iTi Tropical, Nuturibotanica, Hawaii-Pharm, Dupont and Martin Bauer, among others.
Global Acerola Extract Market: Forecast Highlights
The research report reflects future market projections of the global Acerola Extract market. The global Acerola Extract market is anticipated to gain significant revenue in 2027 with the impressive growth rate from 2021-2027.
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Acerola Extract Market Size, Trends, Growth By Top Key Players, Demand And 2026 Forecast Research Report
Global Acerola Extract Market highlights the information about the dominant players industries and market, technologies, and abilities over the trends and the developments of the industries. After deep research and analysis by the experts, they also disclosed the data about the strong contenders contributing in the market growth and expansion and challenging one another in terms of demand, supply, production, value estimation, revenue, and sales. Global Acerola Extract Market report enlists variety of qualitative as well as quantitative research findings and remarkable insights associated with various segments of the industry reached on the basis of numerous parameters including product type, technology, end users, geographical regions and more. These segments and its analysis offer complete panoramic view of the industry to readers including stakeholders, vendors, suppliers, investors, buyers and others too.
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Acerola Extract Market Status and Trend Analysis 2017-2026 (COVID-19 Version)
Acerola Extract Market Status and Trend Analysis 2017-2026 (COVID-19 Version)/caption]
Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Acerola Extract Market Status and Trend Analysis 2017-2026 (COVID-19 Version) 2020-2026 which would mention How the Covid-19 is Affecting the Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Key Regions and Proposal for Acerola Extract Market Status and Trend Analysis 2017-2026 (COVID-19 Version) Players to battle Covid-19 Impact.
Acerola Extract Market Status and Trend Analysis 2017-2026 (COVID-19 Version) 2020-2026The
Acerola Extract Market Status and Trend Analysis 2017-2026 (COVID-19 Version) 2020-2026
report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of Global Market. It offers detailed research and analysis of key aspects of the Acerola Extract Market Status and Trend Analysis 2017-2026 (COVID-19 Version). The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the Acerola Extract Market Status and Trend Analysis 2017-2026 (COVID-19 Version).
Top Leading players covered in the Acerola Extract Market Status and Trend Analysis 2017-2026 (COVID-19 Version) report : Naturex Duas Rodas Niagro Nutrilite Diana Naturals Florida Food Product iTi Tropicals Nature's Power Nutraceuticals Green Labs NutriBotanica Nichirei Vita Forte Blue Macaw Flora Amazonia Exportacao E Representacao Ltda-EPP Optimally Organic and More...
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Market Segment by Type covers: Powder Liquid
Market Segment by Application covers: Food Beverage Others
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Regions Covered in the Global Acerola Extract Market Status and Trend Analysis 2017-2026 (COVID-19 Version):
• The Middle East and Africa (GCC Countries and Egypt)
• North America (the United States, Mexico, and Canada)
• South America (Brazil etc.)
• Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Years Considered to Estimate the Acerola Extract Market Status and Trend Analysis 2017-2026 (COVID-19 Version) Size:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2020-2026
Highlights of the Report:
• Accurate market size and CAGR forecasts for the period 2019-2026
• Identification and in-depth assessment of growth opportunities in key segments and regions
• Detailed company profiling of top players of the global Acerola Extract Market Status and Trend Analysis 2017-2026 (COVID-19 Version)
• Exhaustive research on innovation and other trends of the global Acerola Extract Market Status and Trend Analysis 2017-2026 (COVID-19 Version)
• Reliable industry value chain and supply chain analysis
• Comprehensive analysis of important growth drivers, restraints, challenges, and growth prospects
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ACEROLA EXTRACT MARKET ANALYSIS
Acerola Extract Market, By Product Form (Powder, Liquid), By Application(Food Supplements, Beverages, Confectionery Products, Snacks, Bakery Preservation, Meat Preservation, and Others), and by Regions(North America, Latin America, Europe, APAC, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027
Definition of Market/Industry:
Acerola is a fruit that is a rich source of Vitamin C and contains Vitamin A and is widely used as a medicinal purpose. Acerola extract is used in the treatment of disease associated with the lack of Vitamin C such as scurvy. Moreover, it is also beneficial for in the condition like heart disease, blockage of arteries, blood clots, and cancer. Sometimes, it is used to treat cold, tooth decay, gum infections, depression, and collagen disorders. Acerola extract is available in the form of acerola extract powder and acerola extract liquid.
The global Acerola Extract market is estimated to account for US$ 9,069.2 Mn in terms of value and 79.5 Thousand Tons in terms of volume by the end of 2018.
Drivers:
Increasing demand for acerola extract as a medicinal purpose in the treatment of diabetes, obesity and cardiac issues is a prime factor fueling the market growth of acerola extract. Moreover, high demand for Vitamin C due to its wide application in the manufacturing of drugs for skin-related disorders. According to the World Health Organization (WHO), Skin diseases are among the most common of all human health afflictions and affect almost 900 million people in the world at any time. Hence, this is expected to boost the market growth of acerola extract over the forecast period.
Growing application of acerola extract from the food and beverage industry in order to enhance the nutritional value of the food supplements, beverages, confectionery products, and snacks is another major factor fueling the market growth. Moreover, it is also used for bakery and meat preservation, which is also expected to propel the market growth of acerola extract.
Europe region dominated the global Acerola Extract market in 2018, accounting for nearly 30% share in terms of volume, followed by North America and APAC, respectively.
Figure 1: Global Acerola Extract Market Share, By Region, 2018
Market Restraints
Lack of awareness regarding the health benefit of acerola extract among consumers of developing and under-developed region is projected to hamper the market growth of acerola extract.
The high cost of acerola based products compared to synthetic Vitamin C is another major factor expected to hinder the market growth of acerola extract.
Market Opportunities
Expanding food and beverage industry as acerola extract has wide applications in food and beverages is expected to offer immense growth opportunities over the forecast period. Moreover, growing usage of vitamin C in the preservation of frozen foods as Vitamin C has an excellent antioxidant property is further expected to boost the market growth over the forecast timeframe.
Rising application of acerola extracts from the cosmetic industry as it has a strong anti-oxidant property which claims to improve the texture of the skin, enhance the ability of the skin to retain the moisture, this is expected to offer immense growth opportunity to the market of Acerola extract.
Figure 2. Global Acerola Extract Market - Opportunity Analysis
Statistics:
By Product Form, powder segment in the global acerola extract market was valued at 5,923.4 Mn market in 2018 and is forecast to reach a value of US$ 12,543.6 by 2027.
Market Trends/Key Takeaways
The rising trend of using acerola extract in beverages to provide Vitamin C content and nutrients is a major factor propelling market growth of acerola extract. For instance, the use of acerola can increase the vitamin C content of apple juice. Its tartness also makes it blend well with other juices.
Another major trend that has been observed in the market is increasing demand for sports nutritional drink where it is used to enhance the Vitamin C content and immunity level. This is also expected to fuel the market growth of acerola extract.
Figure 3. Global Acerola Extract Market Share, By Application, 2018
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Competitive Section:
Company �� Names
Key players active in the market are Naturex, Nutrilite, Duas Rodas, Niagro, Diana Naturals, Florida Food Product, iTi Tropicals, Nature's Power Nutraceuticals Corp., The Green Labs LLC, and NutriBotanica.
Recent Developments
1. Naturex
On 16 June 2016, Naturex, and EPC Natural Products Co., Ltd. jointly signed a patent license related to stabilizing anthocyanin compositions, extracted from berries such as blueberries, black current, etc.
2. Nutrilite (Amway)
In October 2016, the company launched a collection of new Artistry Supreme LX under its luxury skincare brand Artistry in October 2016. Artistry Supreme LX contains organic extracts along with green acerola cherry extract.
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Acerola Extract Market: Harnessing the Power of Nature for Better Health
Acerola extract is a product derived from the acerola cherry, also known as the Barbados cherry or West Indian cherry. These small, red fruits are native to the Caribbean and parts of Central and South America. Acerola extract is valued for its exceptionally high vitamin C content and numerous health benefits. In this article, we provide a comprehensive overview of the acerola extract market, including its definition, market growth, industry trends, and more.
Definition: Acerola extract, often referred to as acerola cherry extract, is a natural substance obtained from the fruit of the acerola tree (Malpighia emarginata). This extract is known for its rich vitamin C content, which makes it a popular dietary supplement and ingredient in various food and beverage products. Acerola extract can be found in the form of powders, capsules, liquids, and as an ingredient in cosmetics and skincare products.
Market Overview: The global acerola extract market has witnessed significant growth in recent years, driven by increasing consumer awareness of the health benefits associated with vitamin C and natural ingredients. Acerola extract is valued not only for its high vitamin C content but also for its antioxidant properties, which contribute to its use in immune support, anti-aging, and overall health and wellness products.
Market Growth: The acerola extract market is expected to continue its growth trajectory in the coming years. Factors contributing to this growth include the rising demand for natural and plant-based ingredients in the food and beverage industry, the expanding market for dietary supplements, and the increasing interest in holistic health and wellness.
Market Industry: The acerola extract industry encompasses a wide range of products and applications. It finds use in dietary supplements, functional foods and beverages, pharmaceuticals, cosmetics, and skincare products. Manufacturers in this industry extract the valuable compounds from acerola cherries and process them into various forms suitable for different applications.
Trends: Several key aspects are shaping the acerola extract market trends. These include the growing popularity of organic and clean-label products, which has led to an increased demand for organic acerola extract. Additionally, there is a trend toward sustainable and ethical sourcing practices in the industry, with consumers showing a preference for products that are environmentally and socially responsible.
In conclusion, the acerola extract market is experiencing robust growth due to the rising demand for natural and health-focused products. With its rich vitamin C content and antioxidant properties, acerola extract is poised to remain a prominent player in the global market, offering consumers a natural way to boost their health and well-being. As industry trends continue to evolve, it is likely that the market will see further innovations and expansions in product offerings.
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Acerola Extract Market Will See Strong Expansion Through 2027
Global Acerola Extract Market: An Overview
Malpighia emarginata is a scientific name for acerola, which is a tropical fruit-bearing small tree or a shrub. The tree comes from the family Malpighiaceae. It is commonly known as wild crepe, acerola cherry, seriz, and West Indian cherry among others.
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The acerola tree naturally originated in South America. However, growing awareness about its medicinal and other commercial application have spread its plantation in several other parts of the world. The tree now can also be found as far as India in Asia Pacific and Texas in North America.
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Its fruit looks similar to cherry but is a lot smaller in size. It provides highly nutrition enriching quantities Vitamin C and also contains Vitamin B1, Vitamin A, B3, and B2 as well. The fruit is also famous for its other nutritive value such as antioxidant uses, bioflavonoids, and carotenoids. The acerola tree is also grown for its application for hedges and as an ornament.
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The global acerola extract market players manage to keep manufacturing costs considerably down as the fruit is relatively easy to grow. The tree plantation only requires careful consideration of wind conditions, as its roots are extremely shallow. The tree is propagated through cutting, seeding, and other ordinary methods.
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Global Acerola Extract Market: Notable Developments
Duas Rodas, a global manufacturer of essential oils has collaborated with CAIF, Concentrated Active Ingredients and Flavors, company is based in North America. CAIF has expertise in dehydrated fruits powder and botanical extracts. The company plans on launching its many products in North America, including acerola cherry-based substances. The company claimed that the acerola cherry is witnessing a growing demand in new markets due to rising awareness about the qualities of acerol cherry. It is gaining prominence in artificial flavoring applications as demand for natural flavored products rises.
Global Acerola Extract Market: Key Trends
The acerola extract market is expected to register robust growth as demand for healthy food keeps rising around the world. The acerola cherry contains lipids (2.3-8.0 g), proteins (2.1-8.0 g), calcium (117 mg), carbohydrates (35.7-78 g), iron (2.4 mg), phosphorus (171 mg), riboflavin (0.7 mg), pyridoxine (87 mg), water (906-920 g), thiamine (0.2 mg), and dietary fibre (30 g). Acerola cherries also possess antibacterial and antifungal qualities.
The acerola extract market is witnessing robust growth due to growing demand in the food industry for bread making and meat-related applications. The acerola cherry provides a natural anti-oxidant substitute, for chemical agents which are going out of fashion. Growing regulations and increasing awareness among consumers are driving these chemical anti-oxidant agents out to make way for new opportunities for all players in the global acerola extract market.
The fruit also is considered delicious in native areas and gathering steam around the world mainly for its Vitamin C content. There are approximately 1700 mg of Vitamin C in a 100 grams of Acerola cherry. Due to its rich vitamin content, the acerola extract market is expanding in new regions. Currently, the acerola extract market products are used in manufacturing pulps, juices, baby food, and Vitamin C concentrate among others.
The acerola extract market products are also prized for their medicinal properties in herbal medicine for treating allergic rhinitis.
Global Acerola Extract Market: Regional Outlook
The global acerola extract market is expected to register robust growth, thanks to growing demand in North America, Europe, and Asia Pacific. The acerola extract is gaining an increased importance in North America due to its growing demand for poultry. North America region, mainly the US houses large-scale poultry industry. Additionally, the demand for poultry in supermarkets and retail stores is also extremely high. Acerola extract proves to be an extremely effective antioxidant, which improves the shelf life of food products considerably. Due to the spoil-laden nature of meat products and demand for longer shelf life by super chains and fast-food chains, acerola extract is growing significantly in demand. The acerola extract market is also expected to grow considerably in Asia Pacific, thanks to traditional herbal medicine practices and increased commercial food production and preservation techniques.
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Acerola Extract Market Size– Recent Advancements, Product Expansion, Competitors Analysis, and Size Forecast 2021-2024
Market Overview
Acerola is a small fruit resembling cherry. The fruit is widely found in the tropical areas of the Western Hemisphere. Acerola has medicinal properties which is why it’s always in high demand. This cherry-like fruit is rich in vitamin A and C and other vitamins like niacin, riboflavin, and thiamine. Acerola is largely used in preventing or curing scurvy, an ailment caused by the lack of vitamin C in the body. It finds wide application in thwarting heart diseases that block or harden the arteries. Additionally, Acerola prevents cancer, blood clots, common cold, retinal hemorrhages, pressure sores, gum infections, collagen disorders, tooth decay, hay fever, and depression. Acerola is often used by athletes for improving immunity and vigor. The fruit extracts are often used in frozen dairy, baked goods, jellies, jams, snacks, confectioneries, dietary supplements, and beverages, among others. As reported by Market Research Future (MRFR) global acerola extract market size can be estimated to generate USD 4 billion (approximately) by 2024. The market can be expected to record a growth at 8.4% CAGR over the forecast period 2019 to 2024. On account of the nutritional health advantages bore by the fruit, acerola extract has been anticipated to witness a sharp surge in various sectors. The gradual shift of consumer preferences toward healthy beverages is substantially driving the surging demand for acerola extract market. Moreover, the inclination towards natural food ingredients among the food manufacturing businesses has paved way for the expansion of acerola extracts market. Furthermore, acerola extract is being widely accepted as a beneficial cure to skin ailments and therefore, it has a bright future in the cosmetics and personal care industry, that is projected to further accelerate the growth of the global acerola extract market.
Key Players
Global acerola extract market has been dominated by key players such as The Green Labs LLC (US), DuPont (US), Vital Herbs (India), Kemin Industries, Inc. (US), Vita Forte Inc. (US), Naturex (Givaudan) (France), Xi'an Shunyi Bio-Chemical Technology Co., Ltd (China), Martin Bauer Group (Germany), Herbal Creative (India), Foodchem International Corporation (China), Niagro Nichirei Group Company (Brazil), Panacea Phytoextracts Pvt. Ltd. (India), PLANTEX (France), Nutra Green Biotechnology Co.,Ltd. (China), and NutriBotanica (Brazil).
Market Segmentation
The worldwide acerola extract market has been segmented based on application, region, and category. Based on application, the global acerola extract market has been segmented into dairy & frozen desserts, dietary supplements, bakery & confectionery, sweet & savory snacks, beverages, and others. Based on region, the global acerola extract market has been segmented into Asia-Pacific, Europe, North America, and the rest of the world. The global acerola extract market in Asia-Pacific has been segmented into India, China, Australia & New Zealand, Japan, and the rest of Asia-Pacific. The European acerola extract market has been segmented into France, Germany, UK, Spain, and the rest of Europe. The North American acerola extract market has been segmented into Canada, Mexico, and the US. The market in the rest of the world has been segmented into the Middle East, Africa, and South America. Based on category, the global acerola extract market has been segmented into conventional and organic.
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Regional Analysis
The worldwide Acerola extract market has been segmented into Asia Pacific, Europe, North America, and rest of the world (RoW). North America has been leading the market followed by Europe. The U.S. followed by Mexico are the key contributors of acerola extract market in North America. Asia Pacific has been anticipated to be one of the rapid growing regions over the forecast period. China and India are the key contributors in this area owing to the increasing health concerns and rise in healthy food habits. Latin America has also been expected to observe considerable growth over the forecast period in which Brazil is the key contributor.
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The Global Acerola Extract Market research report provides and in-depth analysis on industry- and economy-wide database for business management that could potentially offer development and profitability for players in this market. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. The global Acerola Extract Market report is included with major key players of the market which are profiled on the basis of business strategies, financial weaknesses and strengths and recent development. The Acerola Extract Market report offers a special assessment of collaboration, partnership, acquisition and new product launch of the major key players.
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Global Acerola Extract Sales (Volume) and Market Share Comparison by Application 2012–2022
In this report, the global Acerola Extract market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Geographically, this report split global into several key Regions, with sales (K MT), revenue (Million USD), market share and growth rate of Acerola Extract for these regions, from 2012 to 2022 (forecast), covering United States China Europe Japan Southeast Asia India
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Global Acerola Extract market competition by top manufacturers/players, with Acerola Extract sales volume, Price (USD/MT), revenue (Million USD) and market share for each manufacturer/player; the top players including Naturex Duas Rodas Niagro Nutrilite Diana Naturals Florida Food Product iTi Tropicals Nature’s Power Nutraceuticals Green Labs NutriBotanica Nichirei Vita Forte Blue Macaw Flora Amazonia Exportacao E Representacao Ltda-EPP Optimally Organic
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Powder Liquid
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including Food Beverage Others
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Table of Contents
1 Acerola Extract Market Overview 1.1 Product Overview and Scope of Acerola Extract 1.2 Classification of Acerola Extract by Product Category 1.2.1 Global Acerola Extract Market Size (Sales) Comparison by Type (2012–2022) 1.2.2 Global Acerola Extract Market Size (Sales) Market Share by Type (Product Category) in 2016 1.2.3 Powder 1.2.4 Liquid 1.3 Global Acerola Extract Market by Application/End Users 1.3.1 Global Acerola Extract Sales (Volume) and Market Share Comparison by Application (2012–2022) 1.3.2 Food 1.3.3 Beverage 1.3.4 Others 1.4 Global Acerola Extract Market by Region 1.4.1 Global Acerola Extract Market Size (Value) Comparison by Region (2012–2022) 1.4.2 United States Acerola Extract Status and Prospect (2012–2022) 1.4.3 China Acerola Extract Status and Prospect (2012–2022) 1.4.4 Europe Acerola Extract Status and Prospect (2012–2022) 1.4.5 Japan Acerola Extract Status and Prospect (2012–2022) 1.4.6 Southeast Asia Acerola Extract Status and Prospect (2012–2022) 1.4.7 India Acerola Extract Status and Prospect (2012–2022) 1.5 Global Market Size (Value and Volume) of Acerola Extract (2012–2022) 1.5.1 Global Acerola Extract Sales and Growth Rate (2012–2022) 1.5.2 Global Acerola Extract Revenue and Growth Rate (2012–2022)
2 Global Acerola Extract Competition by Players/Suppliers, Type and Application 2.1 Global Acerola Extract Market Competition by Players/Suppliers 2.1.1 Global Acerola Extract Sales and Market Share of Key Players/Suppliers (2012–2017) 2.1.2 Global Acerola Extract Revenue and Share by Players/Suppliers (2012–2017) 2.2 Global Acerola Extract (Volume and Value) by Type 2.2.1 Global Acerola Extract Sales and Market Share by Type (2012–2017) 2.2.2 Global Acerola Extract Revenue and Market Share by Type (2012–2017) 2.3 Global Acerola Extract (Volume and Value) by Region 2.3.1 Global Acerola Extract Sales and Market Share by Region (2012–2017) 2.3.2 Global Acerola Extract Revenue and Market Share by Region (2012–2017) 2.4 Global Acerola Extract (Volume) by Application
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