Acerola extract is a potent natural source of immune system support due to its exceptionally high vitamin C content. This crucial nutrient is known to play a pivotal role in bolstering the immune system by promoting the production of white blood cells and antibodies. With its strong antioxidant properties, Acerola extract helps neutralize harmful free radicals, further enhancing the body's ability to combat infections. The abundant vitamin C in Acerola contributes to the resilience of the immune system, providing a formidable defense against illnesses.
According to Data Bridge Market Research analyses, the Global Acerola Extract Market was valued at USD 2,979.11 million in 2022 and is expected to reach the value of USD 5,124.20 million by 2030, at a CAGR of 5.8% during the forecast period 2023-2030.
"Rise in usage of acerola extract in cosmetic industry boosts the market growth"
The cosmetic industry is witnessing a rising application of acerola extract, driving the global acerola extract market. Acerola extract, derived from the acerola cherry, is rich in vitamin C and antioxidants, making it a sought-after ingredient in skincare and beauty products. Its natural brightening and anti-aging properties contribute to increased demand, as consumers prioritize products with natural and beneficial components. The extract's potential to promote collagen production and protect the skin from oxidative stress aligns with the growing trend towards clean and sustainable beauty solutions.
What restraints the growth of global acerola extract market?
“High costs associated with acerola-based merchandise hinders the market growth”
The high costs associated with acerola-based merchandise serve as a significant restraint for the global acerola extract market. The production and processing expenses, coupled with the challenges in cultivation and harvesting of acerola cherries, contribute to elevated costs. This affects the pricing of acerola-based products, making them less competitive in the market. The expense involved in maintaining the quality and purity of acerola extracts adds to the economic burden, hindering the market's growth potential. Therefore, consumers may seek more cost-effective alternatives, impacting the market demand and growth prospects.
Segmentation: Global Acerola Extract Market
The global acerola extract market is segmented on the basis of form, type, application, and distribution channel.
- On the basis of form, the global acerola extract market is segmented into dry/powder, and liquid/paste
- On the basis of type, the global acerola extract market is segmented into conventional, and organic
- On the basis of application, the global acerola extract market is segmented into dietary supplements, bakery products, beverages, sports nutrition, convenience and processed products, cosmetics and personal care, dairy products, confectionery products, meat and poultry products, and granola and breakfast cereals
- On the basis of distribution channel, the global acerola extract market is segmented into direct and indirect
Regional Insights: North America dominates the Global Acerola Extract Market
North America dominates the global acerola extract market, with Europe, Asia-Pacific, South America, and the Middle East and Africa following in prominence. The U.S. commands the North American market share due to the extensive incorporation of acerola extract in dietary supplements. The region's dominance is indicative of the growing recognition and utilization of acerola extract across diverse industries, especially in the thriving dietary supplement sector.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-acerola-extract-market
Recent Developments in Global Acerola Extract Market
- In February 2019, Duas Rodas Institucional was honored with the Innovation Award for pioneering a unique functional element in the Food Ingredients industry, elevating its standing and market influence in the food and beverage sector
The Prominent Key Players Operating in the Global Acerola Extract Market
- Kemin Industries, Inc. (U.S.)
- Florida Food Products (U.S.)
- Niagro - Nichirei do Brasil Ag. Ltda (Brazil)
- Naturex SA (France)
- Advanced Biotech (India)
- HANDARY S.A. (Belgium)
- Bösch Boden Spies (Germany)
- Optimally Organic (U.S.)
- KINGHERBS (China)
- Vita Forte Inc. (U.S.)
- The Green Labs LLC. (U.S.)
- DuPONT (U.S.)
- Foodchem International Corporation (China)
- iTi Tropicals (U.S.)
- Duas Rodas Institucional (Brazil)
Above are the key players covered in the report, to know about more and exhaustive list of global acerola extract market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Acerola Extract Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
