Global Acerola Extract Market - 2022-2029

Global Acerola Extract Market - 2022-2029

Market Overview

Acerola extract market was valued at USD XX million in 2021. It is forecasted to reach USD XX million by 2029, growing at a CAGR of 7.2% during the forecast period (2022-2029).Acerola is a small tree or shrub. Acerola is also known as the Barbados cherry or West Indian cherry. Acerola is enjoyed as a juice, supplement or powder. Dry acerola extract is less perishable than the fresh fruit. Acerola is a rich source of vitamin C hence known as a superfood. Acerola is also a rich source of vitamins and minerals, including beta-carotene, lutein, thiamine, riboflavin, niacin, pyridoxine, folic acid, and pantothenic acid. Acerola extract is used for the cold, diarrhea, and other conditions. It contains high amount of ascorbic acid and anthocyanin content. Acerola fruit contains vitamins A, B1, B2, and B3, carotenoids, and bioflavonoids, which provide high nutrition value to body. Acerola is used in meat for color protection in fresh meat.

Market Dynamics:

Increasing health benefits and awareness of the acerola extract drive the market growth

Acerola is a rich source of Vitamin C. It is mostly used for Vitamin C deficiency. Vitamin C is used for collagen production, one of the key structural proteins in hair, skin and nails. Acerola extract provides Vitamin C in its natural form. Vitamin C can help cure colds and viruses up to 20% quicker. Vitamin C intake stimulates the production of multiple immune cells, including Lymphocytes, Phagocytes and T-Cells. It is helpful for hydrating the skin by inhibiting trans epidermal water loss. Anti-inflammatory properties of the acerola extract help to reduce skin redness and improve firmness and complexion. Acerola extract has immune-boosting properties that help to fight off the common cold and flu. It is a rich source of phytonutrients, including carotenoids, phenolic, flavonoids, and anthocyanin, as well as the minerals iron, phosphorus, and calcium. They are helpful for the support optimal immune function. Daily consumption of acerola extract help to improve brain health. Due to the anthocyanin, which acts as neuroprotective. It helps to protect the brain from damaging oxidative stress caused by compounds named free radicals. The high level of anthocyanin in acerola extract can reduce the risk of memory loss and associated cognitive decline. Acerola extract reduce inflammation and oxidation in the brain, which keeps brain cells and neurons healthy. It has various health benefits such as an antidepressant and antifungal and is widely used for athletic endurance, diarrhea, dysentery and skin astringent.

Market Segmentation:

Dry segment accounted for the highest share in global acerola extract market

In 2021, dry segment had the highest revenue share of over XX percent. The dry form of Acerola extract is considered powder. Acerola cherry extract powder is available in different packaging sizes and various brands. It is helpful as an immunity booster. Acerola extract is rich in vitamins A, B1, B2, C and B3, carotenoids and bioflavonoids, proteins, lipids, carbohydrates, calcium, phosphorus, iron, pyridoxine, riboflavin, thiamine, and dietary fiber. It also has antioxidant properties. The powder is easy to use and used as additives to shakes, smoothies, and meals. The dry powder form of the acerola extract has less moisture content, which increases the shelf life of the powder. Owing to this factor, it is highly preferred by manufacturers.

Organic acerola extract has high demand from consumers. The organic food consumption trend is increasing day by day. Manufacturers help farmers to grow organic cultivation of the Acerola. Manufacturers provide proper knowledge and help them get certified for their produce. Organic acerola farming is free from Synthetic chemical fertilizers, insecticides, herbicides, and other inputs. So, it doesn’t have any disadvantages on the body.

Geographical Penetration:

North America is the dominating region during the forecast period

In 2021, North America is expected to generate the highest market share in the forecast period. Increasing demand for acerola extract in processed fish, meat and egg products. Consumers used acerola extract instead of sodium erythorbate due to the best result of extract. The US is the first country to use acerola extract in its NPL. It helps to prevent oxidation and maintain the organoleptic properties while increasing shelf-life. Increasing demand for acerola extract in the country tends to increase the import of acerola extract. The USA imported acerola extract from India due to high demand. Increasing health awareness of healthy dietary habits among consumers in the region. Some factors that increase the demand for acerola extract are demand for natural products, cost affordability, and the growing startups in the acerola extract market. US and Canada are the major countries in the region, which have a high consumption of meat and bakery products, respectively. The rising meat and bakery industry in the North America region is expected to drive market growth.

Competitive Landscape:

There are several established participants in the industry and local manufacturers; hence, the market is fragmented. Some major market players are DuPont, The Green Labs LLC, Kemin Industries, Inc., Vital Herbs, Naturex, DSM, Martin Bauer Group, Dohler GmbH, and Foodchem International Corporation among others. Some of the major key players launched new products to increase their product portfolio and sales. For instance, in March 2021, Kalsec launched DuraShield Natural Food Protection Blends new antimicrobial solution to improve shelf life and food safety. This product has applications including meat and poultry, deli salads, dips, sauces, and dressings. This product protects against protecting against microbial growth that causes spoilage, off-flavors and common foodborne pathogens, including but not limited to Listeria and Salmonella. This new product is a blend of rosemary and acerola extracts. In April 2021, Kemin Food Technologies Launched Ingredient Library. The ingredient library showcases the Kemin ingredient solutions, including Acerola: a label-friendly, multi-purpose ingredient that can be used as a cure accelerator in alternatively cured meats and even offers color protection in fresh meat products. In January 2020, CAIF launched acerola powder extract with a minimum of 32% native vitamin C. That extract is used as supplements, beverages, and snacks. In February 2019, Hamburg-based fruit ingredient specialist Bösch Boden Spies, together with its brand partner 2005 Niagro, launched a new product, acerola puree, made from the acerola cherry, with 25 percent more vitamin C.

COVID-19 Impact:

Positive impact on the global acerola extract market

As acerola extract is a rich source of vitamin C with immunity-boosting properties also acts as powerful antioxidant protection against damage, including oxidative stress and systemic infection. Vitamin C is also known for its usefulness in preventive respiratory distress syndrome; it has been used successfully in treating the same. Doctors and nutritionists suggest consuming Vitamin C-rich fruits and vegetables and supplements in adequate quantities. Some studies stated that incorporating Vitamin C speeds up the recovery of coronavirus disease. Doctors and nutritionists suggested the consumption of vitamin C-rich fruits like bell peppers, guava, kiwi, papaya, mango, amla and Acerola berries. Vitamin C has prevented and alleviated viral and bacterial infections. Vitamin C has been shown to help reduce the severity of cold and flu illnesses in some trials, though experts widely debate this finding. The vitamin's effect is also significantly less than many might expect. These are some factors that positively impacted on the market.

The global acerola extract market report would provide an access to approximately 61 market data tables, 53 figures and 170 pages