Global Acerola Extract By Form (Dry/Powder, Liquid/Paste), Type (Conventional, organic), Application (Dietary Supplements, Bakery Products, Beverages, Sports Nutrition, Convenience & Processed Products, Cosmetics & Personal Care, Dairy Products, Confectionery Products, Meat & Poultry Products, Granola & Breakfast Cereals), Distribution Channel (Direct and Indirect) – Industry Trends and Forecast to 2030.
Acerola Extract Market Analysis and Size
As more people become aware of its medicinal and commercial applications, its plantation has spread to other parts of the world. The tree can now be found in Asia-Pacific as far south as India and as far north as Texas. Because the fruit is relatively easy to grow, Global acerola extract market participants can keep manufacturing costs low. The tree plantation only requires careful consideration of wind conditions due to its extremely shallow roots. The tree is propagated through cutting, seeding, and other common methods.
Data Bridge Market Research analyses that the acerola extract market was valued at USD 2979.11 million in 2022 and is expected to reach the value of USD 5124.20 million by 2030, at a CAGR of 5.8% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Acerola Extract Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Form (Dry/Powder, Liquid/Paste), Type (Conventional, organic), Application (Dietary Supplements, Bakery Products, Beverages, Sports Nutrition, Convenience & Processed Products, Cosmetics & Personal Care, Dairy Products, Confectionery Products, Meat & Poultry Products, Granola & Breakfast Cereals), Distribution Channel (Direct and Indirect)
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
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Market Players Covered
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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), Ti Tropicals (U.S.), Duas Rodas Institucional (Brazil)
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Opportunities
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Market Definition
Acerola is a tropical fruit-bearing small tree or shrub with the scientific name Malpighia emarginata. The tree belongs to the Malpighiaceae family. It is also known as wild crepe, acerola cherry, seriz, and West Indian cherry. The acerola tree is thought to have originated in South America. Its fruit looks like a cherry but is much smaller in size. It contains vitamins B1, A, B3, and B2, as well as vitamin C, which is extremely nutritious. The fruit is also well-known for its antioxidant properties, bioflavonoids, and carotenoids.
Glbal Acerola Extract Market Dynamics
Drivers
- Growing demand from the food and beverage industry due to its numerous benefits
Ascorbic acid is a water-soluble, essential vitamin. While most plants and animals can produce ascorbic acid, humans cannot. As a result, it is required as a dietary supplement by humans. Acerola contains a lot of vitamin C. This property of acerola extract compel manufacturers of food and beverages to include it in their products. Acerola is one of the few fruits containing phenolic, flavonoids, anthocyanins, and carotenoids and is a good source of ascorbic acid. All of these phytonutrients help to treat a variety of diseases. Acerola promotes the inactivation of free radicals, which are directly related to the ageing process and diseases such as cancer and cardiovascular disorders due to its high antioxidant capacity.
- Rising application from the cosmetic industry
The widespread use of acerola extracts in dietary supplements, beverages, and cosmetics for skin and hair care has accelerated their growth. Acerola has a standard vitamin content of 17%, significantly higher than any other citrus fruit, such as oranges and cherries. Demand for organic and natural-based vitamins and a high demand for clean labelled products and consumer awareness have contributed to market growth.
Opportunities
- Government Initiatives
Government agencies have made concerted efforts to regulate the production and use of environmentally friendly products, such as prohibiting the use of specific chemicals and establishing maximum consumption limits. Consumers' growing concern about the health effects of synthetic colours is driving the demand for clean label products. The increased demand for natural ingredients, particularly those used to preserve meat products, can be viewed as a chance for acerola extract manufacturers to expand and grow.
Restraints
- Side effects
Adverse effects from excessive acerola-based vitamin C product use and high acerola-based merchandise costs may stymie business growth in the current forecast timeframe. Many factors influence multifunctional food industry trends, including regulatory structure, consumption patterns, and distribution network connections from farm to fork. This is expected to have an impact on the acerola extract market's growth.
This acerola extract market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the acerola extract market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Acerola Extract Market
Due to detentions, travel restrictions, and company closures, the COVID-19 has impacted economies and businesses in many countries, including the food and beverage industry. Acerola availability has been impacted by the distribution network outage. The distribution network delay will have an impact on the quality of acerola as well as the volume and cost of deliveries. As more people eat healthier foods as a result of the outbreak, the demand for acerola extract has increased. As a result, COVID had a significant impact on the market for acerola extract.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
• In February 2019, Duas Rodas Institucional received the Innovation Award, recognising the company for developing the most unique functional element in the Food Ingredients industry. The company produces a variety of ingredients used in the food and beverage industries. The company's market standing has improved as a result of receiving this award for innovation.
Global Acerola Extract Market Scope
The acerola extract market is segmented on the basis of application, form, type and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Conventional
- Organic
Application
- Dietary Supplements
- Bakery Products
- Beverages
- Sports Nutrition
- Convenience
- Processed Products
- Cosmetics
- Personal Care
- Dairy Products
- Confectionery Products
- Meat & Poultry Products
- Granola
- Breakfast Cereals
Form
- Dry/Powder
- Liquid/Paste
Distribution channel
- Direct
- Indirect
Acerola Extract Market Regional Analysis/Insights
The acerola extract market is analyzed and market size insights and trends are provided by country, application, form, and type and distribution channel as referenced above.
The countries covered in the acerola extract market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America has the largest market share in the global acerola extract market, followed by Europe, Asia-Pacific, South America, and the Middle East and Africa region. Due to the widespread use of acerola extract in dietary supplements, the United States has the largest market share in North America.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Acerola Extract Market Share Analysis
The 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, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to acerola extract market.
Some of the major players operating in the acerola extract market are:
- 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)
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