Acerola Extract Market: Global Industry Analysis and Forecast (2023-2029)

Acerola Extract Market size is expected to reach nearly US$ 27.48 Mn by 2029 with a CAGR of 7% during the forecast period. The Acerola Extract market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Acerola Extract market report also provides trends by market segments, technology, and investment with a competitive landscape. Acerola Extract MarketTo know about the Research Methodology:- Request Free Sample Report

Acerola Extract Market Overview

The global Acerola Extract Market is anticipated to register approximately US$ 27.48 billion by 2029, with a CAGR of 7% during the forecast period, 2023-2029. Acerola is a small plant that produces cherry-like berries and therefore is generally known as acerola cherry. This fruit is originated from the regions of South America and is a high source of vitamin C. Acerola fruit's extracts are used in a wide range of products which includes baked goods, frozen dairy, jams, jellies, confectionery products, snacks, beverages, as well as nutritional supplements. It is also used to treat the common cold, diarrhoea, and many other conditions, but there is the availability of less scientific evidence to back up all those other applications. Acerola tress now can be found in many parts of the world due to its medical as well as commercial benefits and is also known as West Indian cherry. The fruit is also very well for its antioxidants, flavanols, and carotenoids. The acerola shrub is also cultivated for its use as a hedge and ornament. The Extracts of Acerola fruit are primarily used to improve the quality of food products for a variety of applications because of its nutritional value, which includes food supplements, beverages, confectionery, snacks, bakery preservation and meat preservation, condiments, sauces, as well as dairy products.

Acerola Extract Market Dynamics

Acerola extract's elevated health beneficial effects, combined with increasing consumer’s dissatisfaction over synthesised vitamins and supplements, are expected to boost the growth of the acerola extract market in the coming years. Vitamin C content is increasingly used in functional foods and dietary supplements. The acerola extract industry is increasing rapidly as a consequence of increasing demands in the food industry for bread and meat-related and medical applications. As per the World Health Organization (WHO), skin infection is the most common of all human health problems, affecting approximately 900 million people globally. Which is anticipated to increase the acerola extract market globally during the forecast period. Along with its ability to act as a food additive, It also acts as an antioxidant and enhances the flavor and aroma of foods. The increasing consumer preference for organic, natural, and clean label comfort foods has profited the acerola extract market. With the installation of new machines and methods of product, manufacturers have the opportunity to grow their business globally. However, a low level of awareness about the advantages and medical benefits of acerola extract among end-users in developing and underdeveloped areas is anticipated to hinder the growth of the acerola extract market. Also, the high price of acerola-based products compared to synthesised Vitamin C will hinder the growth of the market

Trends in Global Acerola Extract Market

The rising trend of using acerola extract in food and beverages has boosted the growth of the market because acerola provides Vitamin C to the body which is important in building immunity. Its powder can be mixed with apple juice as an additive and in other drinks. Acerola extract can be mixed with juice, chocolate bars and smoothies which will provide the needed amount of vitamins and nutrients to the body. Also, the increasing trend of using acerola extract with sports-drink that provides energy and strong immunity is likely to boost the overall market for acerola market. As the knowledge of acerola is increasing athletes have replaced energy drinks with acerola juices prompting manufacturers to produce more.

Acerola Extract Market Segment Analysis

By Product Form, the segment of powder is the most dominant segment in the market due to the increased use of acerola powder for mixing it with beverages and juices. it is also used for treating low Vitamin C in the individual because of its high richness in vitamins and nutrition. Renewable planting, high solubility and soothing draining methods are all just a few of the character traits of acerola powder. Acerola powder is used to create a wide variety of product positioning that address the needs of a healthy and productive lifestyle. Acerola powder is widely manufactured by key players and is available easily in the market for consumption. The use of acerola powder has increased significantly and is observed to dominate the other segments in the market However, the liquid segment is also expected to grow during the forecast period due to acerola liquids high solubility, antioxidant properties, richness in color and vitamin C. acerola liquid provides 30X more Vitamin C to the body as compared to oranges and can be consumed directly with a spoon or add it with juice or food. By application segment, the Food Supplements segment is estimated to account for 30% of the total value. This is based on the fact that acerola is among the richest sources of Vitamin C, allowing it a favorable ingredient in the production of edible supplements. In 2029, the Beverage segment accounted for 22% of total market value. Rising demand for healthy drinks is anticipated to propel the market. Acerola Extract MarketThe segment of snack is also expected to grow because of the high and increased consumption of acerola extract containing snacks. Manufactures blends acerola extract with snacks like nutrients bars and juices making it easy to purchase and consume. The young population has upsurged the demand for acerola containing snacks in the market especially in the North American region which has boosted the overall market growth.

Acerola Extract Market Regional Insights:

Europe is expected to lead the global acerola extract overall market during the forecast period Due to the high consumption of functional foods and drinks in the region. With the increase in the awareness and health benefits of acerola cherries. Health-conscious people and athletes have started taking acerola extract as a direct source of vitamin C as it improves the immune system and provides energy to the body. The European region likely to remain the dominant region and is expected to lead the market in forthcoming years. Germany, France and UK are expected to be the major contributor to the market. North America region is expected to dominate for a significant portion of the global acerola extract market. Increased demand for nutritional supplements containing organic ingredients in the United States is driving the regional market growth. Countries like the USA and Mexico are driving the growth in regions market due to the increased use of acerola in food and eatery diets. Changing and shifting lifestyle of people who have weak immune system have accelerated the high usage of acerola extract and will hold the largest market share in the coming years Asia-Pacific region is expected to have a high CAGR. The growth of the food processing industry in countries like China, Japan, and India are influencing the growth of the Asia-Pacific acerola extract market during the forecast period. Indian manufacturers are focusing on the installation of imported machines that will help in producing more acerola extract to meet the market demand. Countries of this region commencing joint ventures and will boost the growth of the overall market. Middle East & Africa have shown positive growth of the market due to less availability of acerola product and cost of importing. ME&A region possesses fewer infrastructures and types of machinery to process acerola extract, however, with the slow increase in the knowledge and level of income, the acerola market in the region is anticipated to grow at a slow pace. The objective of the report is to present a comprehensive analysis of the Global Acerola Extract market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Acerola Extract Market dynamics, structure by analyzing the market segments and project the Global Acerola Extract Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Acerola Extract Market make the report investor’s guide.

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Global Acerola Extract Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 17.11 Mn.
Forecast Period 2023 to 2029 CAGR: 7% Market Size in 2029: US $ 27.48Mn.
Segments Covered: by Product Powder Liquid
by Application Food Supplements Beverages Confectionery Products Snacks Meat Preservation Bakery Preservation Others
by Nature Organic Conventional

Acerola Extract Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

 Acerola Extract Market Key Players

1.The Green Labs LLC. 2.DuPONT 3.Foodchem International Corporation 4.Diana Group (A Subsidiary company of Symrise) 5.Amway 6.Naturex (A subsidiary company of Givaudan) 7.iTi Tropicals 8.Duas Rodas Institucional 9.Advanced Biotech 10.HANDARY S.A. 11.Bösch Boden Spies 12.Vital Herbs 13.Optimally Organic 14.Blue Macaw Flora 15.KINGHERBS Frequently Asked Questions: 1. Which region has the largest share in Global Acerola Extract Market? Ans: Asia-Pacific region holds the highest share in 2022. 2. What is the growth rate of Global Acerola Extract Market? Ans: The Global Acerola Extract Market is growing at a CAGR of 7% during forecasting period 2023-2029. 3. What is scope of the Global Acerola Extract market report? Ans: Global Acerola Extract Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Acerola Extract market? Ans: The important key players in the Global Acerola Extract Market are – The Green Labs LLC., DuPONT, Foodchem International Corporation, Diana Group (A Subsidiary company of Symrise), Amway, Naturex (A subsidiary company of Givaudan), iTi Tropicals, Duas Rodas Institucional, Advanced Biotech, HANDARY S.A., Bösch Boden Spies, Vital Herbs, Optimally Organic, Blue Macaw Flora, KINGHERBS 5. What is the study period of this market? Ans: The Global Acerola Extract Market is studied from 2022 to 2029.  
1. Global Acerola Extract Market: Research Methodology 2. Global Acerola Extract Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Acerola Extract Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Acerola Extract Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Acerola Extract Market Segmentation 4.1 Global Acerola Extract Market, by Product (2022-2029) • Powder • Liquid 4.2 Global Acerola Extract Market, by Application (2022-2029) • Food Supplements • Beverages • Confectionery Products • Snacks • Meat Preservation • Bakery Preservation • Others 4.3 Global Acerola Extract Market, by Nature (2022-2029) • Organic • Conventional 5. North America Acerola Extract Market(2022-2029) 5.1 North America Acerola Extract Market, by Product (2022-2029) • Powder • Liquid 5.2 North America Acerola Extract Market, by Application (2022-2029) • Food Supplements • Beverages • Confectionery Products • Snacks • Meat Preservation • Bakery Preservation • Others 5.3 North America Acerola Extract Market, by Nature (2022-2029) • Organic • Conventional 5.4 North America Acerola Extract Market, by Country (2022-2029) • United States • Canada • Mexico 6. Europe Acerola Extract Market (2022-2029) 6.1. European Acerola Extract Market, by Product (2022-2029) 6.2. European Acerola Extract Market, by Application (2022-2029) 6.3. European Acerola Extract Market, by Nature (2022-2029) 6.4. European Acerola Extract Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Acerola Extract Market (2022-2029) 7.1. Asia Pacific Acerola Extract Market, by Product (2022-2029) 7.2. Asia Pacific Acerola Extract Market, by Application (2022-2029) 7.3. Asia Pacific Acerola Extract Market, by Nature (2022-2029) 7.4. Asia Pacific Acerola Extract Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Acerola Extract Market (2022-2029) 8.1 Middle East and Africa Acerola Extract Market, by Product (2022-2029) 8.2. Middle East and Africa Acerola Extract Market, by Application (2022-2029) 8.3. Middle East and Africa Acerola Extract Market, by Nature (2022-2029) 8.4. Middle East and Africa Acerola Extract Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Acerola Extract Market (2022-2029) 9.1. South America Acerola Extract Market, by Product (2022-2029) 9.2. South America Acerola Extract Market, by Application (2022-2029) 9.3. South America Acerola Extract Market, by Nature (2022-2029) 9.4 South America Acerola Extract Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 The Green Labs LLC. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 DuPONT 10.3 Foodchem International Corporation 10.4 Diana Group (A Subsidiary company of Symrise) 10.5 Amway 10.6 Naturex (A subsidiary company of Givaudan) 10.7 iTi Tropicals 10.8 Duas Rodas Institucional 10.9 Advanced Biotech 10.10 HANDARY S.A. 10.11 Bösch Boden Spies 10.12 Vital Herbs 10.13 Optimally Organic 10.14 Blue Macaw Flora 10.15 KINGHERBS
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