Global Acerola Extract Market is expected to grow with the CAGR of 7.8% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Global acerola extract market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global acerola extract market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, In February 2019 HANDARY S.A. received ISO 220000 certification for their new facility in Fleurus (Belgium). This certification is basically represents to the security of the control of the food chain and the respect of the regulatory obligations. After receiving such type of certification, the company enhanced their credibility in the market.

Naturex (A subsidiary of Givaudan) is dominating player in global acerola extract market. The other key players existing in the market includes Kemin Industries, Inc., Florida Food Products, NP Nutra, Niagro - Nichirei do Brasil Ag. Ltda (A Subsidiary of NICHIREI CORPORATION), 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.

Naturex (A subsidiary of Givaudan)

Naturex (A subsidiary of Givaudan), headquartered in Avignon, France was founded in 1992. The company engaged in manufacturing and commercializing of wide range of products for flavoring, coloring and antioxidant properties for the food industry. The company provides products in various business categories that are food & beverage, nutrition & health, personal car, out of which food & beverage is market focused brand category.   

• In July 2014, NATUREX (A subsidiary of Givaudan) has launched new cherry-based antioxidants and curing enhancers for the meat & poultry sector. After this launch, the company expanded their portfolio of natural solutions for shelf life extension.  

The company has presence in France.  

Duas Rodas Institucional  

Duas Rodas Institucional is headquartered in Buenos Aires, Argentina, was founded in 1925. The company is engaged in manufacturing and commercializing wide range of high quality ingredients to manufacturers. The company offers products in various categories which are flavors, food service, animal nutrition, out of which flavors is market focused category.   

• In February 2019, Duas Rodas Institucional received an Innovation Awards that is, the most innovative functional ingredient of the Food Ingredients. The company is manufacturing various types of ingredients which is used in the food and beverage industry. After receiving this innovative award, the company enhanced its credibility in the market.

The company has wide global presence across North America and South America.

Amway  

Amway headquartered in Michigan, U.S. was founded in year 1959. The company is engaged in provide wide range of products in the category of nutrition, beauty and personal care globally. The company offers wide range of product in various brand categories such as nutrilite, artistry, glister, ertia, amway home, icook and fragrances in which nutrilite is market focused category.   

• In May, Amway has improved their watering techniques during drought in Brazil while producing Acerola Cherries. After this announcement, the company enhanced its credibility in the market.

The company has wide global presence across the world as North America South America, Europe, Middle East and Africa and Asia-Pacific with its various subsidiaries such as Amway Australia (Australia), Amway Thailand (Thailand), Amway Canada (Canada), Amway (Malaysia) Holdings Berhad (Malaysia) and Amway Russia (Russia), among others.