Global Acerola Extract Market By form (Dry/Powder, Liquid/paste),By type (traditional, organic), By Purpose (food supplements, bakery products, beverages, sports nutrition, prepared and processed products, cosmetics and personal care products, dairy products, confectionery, meat and poultry products, granola and breakfast cereals), By Distribution channel (Direct and Indirect) by region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Industry trends and Forecast to 2030.
Global Acerola Extract Market
Global Acerola Extract Market is expected to reach USD 2979.12 million by 2022, which will reach USD 5124.19 million in 2030, registering a CAGR of 7.01% during the forecast period 2023-2030.
Acerola is a small tropical fruit-bearing tree or shrub whose scientific name is Malpighia emarginata. The tree belongs to the Malpighiaceae family. It is also known as wild crepe, acerola cherry, coconut and Caribbean cherry. The Acerola tree probably originated in South America. Its fruit looks like a cherry but is much smaller. It contains vitamins B1, A, B3 and B2, as well as vitamin C, which is very nutritious. The fruit is also known for its antioxidant properties, bioflavonoids and carotenoids.
Market Drivers
Growing demand in the food and beverage industry due to its many benefits. Ascorbic acid is a water-soluble, essential vitamin. Although most plants and animals can produce ascorbic acid, humans cannot. That is why people need it as a dietary supplement. Acerola contains a lot of vitamin C. This property of acerola extract encourages food and beverage manufacturers to include it in their products. Acerola is one of the few fruits that contains phenols, flavonoids, anthocyanins and carotenoids and is a good source of ascorbic acid. All these phytonutrients help treat various diseases. Acerola, thanks to its high antioxidant capacity, promotes the deactivation of free radicals, which are directly related to aging and diseases such as cancer and cardiovascular diseases. Growing application in the cosmetics industry. The widespread use of acerola extracts in foods, beverages and cosmetics for skin and hair has accelerated their growth. Acerola has a standard vitamin content of 17%, which is significantly higher than other citrus fruits such as oranges and cherries. Demand for organic and nature-based vitamins, as well as high demand for pure branded products and consumer awareness have contributed to the growth of the market.
Market Restraints
Side effects Excessive use of acerola-based vitamin C products and high cost of acerola-based products may hinder the growth of the company during the current forecast period. Many factors influence trends in the diverse food industry, including the regulatory structure, consumption patterns and farm-to-table distribution network connections. This is expected to influence the growth of the acerola extract market. This acerola extract market report includes details on new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and local market players, analyzes opportunities based on new revenue pockets, changes in market trends regulations . , strategic market growth analysis, market size, category market growth, application niches and market dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
Market Opportunities
Government initiatives Government agencies have made concerted efforts to regulate the production and use of environmentally friendly products, for example by banning the use of certain chemicals and establishing maximum consumption limits. Growing consumer concern about the health effects of synthetic colours is increasing the demand for cleanly produced products. The increased demand for natural ingredients, especially those used to preserve meat products, can be seen as an opportunity for acerola extract manufacturers to expand and grow.
Impact of COVID-19
With arrests, travel restrictions and business closures, the economies and businesses of many countries, including the food and beverage industry, have been affected by COVID-19. The availability of Acerola was affected by an interruption in the distribution network. Delays in the distribution network affect the quality of acerola as well as the quantity and costs of deliveries. As more people eat healthier foods as a result of the epidemic, the demand for acerola extract has increased. As a result, the acerola extract market has been significantly affected by COVID. Expected impact of the recession on product prices and availability.
Market segmentation
Global Acerola Extract Market is segmented on the basis of By form, By Type, By Purpose, By Distribution channel
Based on the By form market is segmented into Dry/Powder, Liquid/paste. Further market is segmented into By Type market is segmented into traditional, organic. By Purpose market is segmented into food supplements, bakery products, beverages, sports nutrition, prepared and processed products, cosmetics and personal care products, dairy products, confectionery, meat and poultry products, granola and breakfast cereals. By Distribution channel Market is segmented into Direct and Indirect.
Regional Analysis
Global Acerola Extract Market is segmented into five main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America holds 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.
Key Players.
Various key players are listed in this report such as Kemin Industries, Inc., Florida Food Products, Niagro - Nichirei do Brasil Ag. Ltd, Naturex SA, Advanced Biotech, HANDARY S.A, Bösch Boden Spies, Optimally Organic, KINGHERBS, Vita Forte Inc.
Market Taxonomy
By form
- Dry/Powder
- Liquid/paste
- Traditional
- Organic
- Food supplements
- Bakery products
- Beverages
- Sports nutrition
- Prepared and processed products
- Cosmetics and personal care product
- Dairy products
- Confectionery
- Meat and poultry products
- granola and breakfast cereals
- Direct
- Indirect
- North America
- U.S.
- Canada
- Mexico
- Latin America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
- Venezuela
- Rest of Latin America
- Europe
- Germany
- France
- UK
- Russia
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- New Zealand
- Singapore
- Malaysia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest Middle East & Africa
- What are the Key Opportunities in Global Acerola Extract Market ?
- What will be the growth rate from 2023 to 2030?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Acerola Extract Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.2.4Cumulative Impact due to recent Energy Crisis
- 4.2.5 Cumulative Impact due to nearing Economic Downturn
- 4.2.6 Post Covid-19 World supply and Demand Condition
- 4.2.7 Cumulative Impact of Russia Ukraine Conflict
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Acerola Extract Market, By form
- 5.1 Y-o-Y Growth Comparison, By form
- 5.2 Global Acerola Extract Market Share Analysis, By form
- 5.3 Global Acerola Extract Market Size and Forecast, By form
- 5.3.1 Dry/Powder
- 5.3.2 Liquid/paste
- 6 Global Acerola Extract Market, By Type
- 6.1 Y-o-Y Growth Comparison, By Type
- 6.2 Global Acerola Extract Market Share Analysis, By Type
- 6.3 Global Acerola Extract Market Size and Forecast, By Type
- 6.3.1 Traditional
- 6.3.2 Organic
- 7 Global Acerola Extract Market, By Purpose
- 7.1 Y-o-Y Growth Comparison, By Purpose
- 7.2 Global Acerola Extract Market Share Analysis, By Purpose
- 7.3 Global Acerola Extract Market Size and Forecast, By Purpose
- 7.3.1 food supplement
- 7.3.2 Bakery products
- 7.3.3 Beverages
- 7.3.4 Sports nutrition
- 7.3.5 Prepared and processed products, cosmetics and personal care products
- 7.3.6 Dairy products
- 7.3.7 Confectionery
- 7.3.8 Meat and poultry products
- 7.3.9 Granola and breakfast cereals
- 8 Global Acerola Extract Market, By Distribution channel
- 8.1 Y-O-Y Growth Comparison, By Distribution channel
- 8.2 Global Acerola Extract Market Share Analysis, By Distribution channel
- 8.3 Global Acerola Extract Market Size and Forecast, By Distribution channel
- 8.3.1 Direct
- 8.3.2 Indirect
- 9 Global Acerola Extract Market, By Region
- 9.1 Global Acerola Extract Market Share Analysis, By Region
- 9.2 Global Acerola Extract Market Size and Forecast, By Region
- 9.3 Global Acerola Extract Market Trends and Forecast, By Region
- 10 North America Acerola Extract Market Analysis and Forecast (2023-2030)
- 10.1 Introduction
- 10.2 North America Acerola Extract Market Share Analysis, By form
- 10.3 North America Acerola Extract Market Size and Forecast, By Type
- 10.4 North America Acerola Extract Market Size and Forecast, By Purpose
- 10.5 North America Acerola Extract Market Size and Forecast, By Distribution channel
- 10.6 North America Acerola Extract Market Size and Forecast, By Country
- 10.6.1 U.S.
- 10.6.1.1. Market Size and Forecast, By form
- 10.6.1.2 Market Size and Forecast, By Type
- 10.6.1.3. Market Size and Forecast, By Purpose
- 10.6.1.4 Market Size and Forecast, By Distribution channel
- 10.6.2 Canada
- 10.6.2.1. Market Size and Forecast, By form
- 10.6.2.2 Market Size and Forecast, By Type
- 10.6.2.3. Market Size and Forecast, By Purpose
- 10.6.2.4 Market Size and Forecast, By Distribution channel
- 10.6.3 Mexico
- 10.6.3.1. Market Size and Forecast, By form
- 10.6.3.2 Market Size and Forecast, By Type
- 10.6.3.3. Market Size and Forecast, By Purpose
- 10.6.3.4 Market Size and Forecast
- 11 Europe Acerola Extract Market Analysis and Forecast (2023-2030)
- 11.1 Introduction
- 11.2 Europe Acerola Extract Market Share Analysis, By form
- 11.3 Europe Acerola Extract Market Size and Forecast, By Type
- 11.4 Europe Acerola Extract Market Size and Forecast, By Purpose
- 11.5 Europe Acerola Extract Market Size and Forecast, By Distribution channel
- 11.6 Europe Acerola Extract Market Size and Forecast, By Country
- 11.6.1 Germany
- 11.6.1.1. Market Size and Forecast, By form
- 11.6.1.2 Market Size and Forecast, By Type
- 11.6.1.3. Market Size and Forecast, By Purpose
- 11.6.1.4 Market Size and Forecast By Distribution channel
- 11.6.2 France
- 11.6.2.1. Market Size and Forecast, By form
- 11.6.2.2 Market Size and Forecast, By Bacteria
- 11.6.2.3. Market Size and Forecast, By Purpose
- 11.6.2.4 Market Size and Forecast, By Distribution channel
- 11.6.3 UK
- 11.6.3.1. Market Size and Forecast, By form
- 11.6.3.2 Market Size and Forecast, By Type
- 11.6.3.3. Market Size and Forecast, By Purpose
- 11.6.3.4. Market Size and Forecast, By Distribution channel
- 11.6.4. Russia
- 11.6.4.1. Market Size and Forecast, By form
- 11.6.4.2 Market Size and Forecast, By Type
- 11.6.4.3. Market Size and Forecast, By Purpose
- 11.6.4.4 Market Size and Forecast, By Distribution channel
- 11.6.5. Italy
- 11.6.5.1. Market Size and Forecast, By form
- 11.6.5.2 Market Size and Forecast, By Type
- 11.6.5.3. Market Size and Forecast, By Purpose
- 11.6.5.4 Market Size and Forecast, By Distribution channel
- 11.6.6. Spain
- 11.6.6.1. Market Size and Forecast, By form
- 11.6.6.2 Market Size and Forecast, By Type
- 11.6.6.3. Market Size and Forecast, By Purpose
- 11.6.6.4 Market Size and Forecast By Distribution channel
- 11.6.7. Rest of Europe
- 11.6.7.1. Market Size and Forecast, By form
- 11.6.7.2 Market Size and Forecast, By Type
- 11.6.7.3. Market Size and Forecast, By Purpose
- 11.6.7.4 Market Size and Forecast, By Distribution channel
- 12 Asia Pacific Acerola Extract Market Analysis and Forecast (2023-2030)
- 12.1 Introduction
- 12.2 Asia Pacific Acerola Extract Market Share Analysis, By form
- 12.3 Asia Pacific Acerola Extract Market Size and Forecast, By Type
- 12.4 Asia Pacific Acerola Extract Market Size and Forecast, By Purpose
- 12.5 Asia Pacific Acerola Extract Market Size and Forecast, By Distribution channel
- 12.6 Asia Pacific Acerola Extract Market Size and Forecast, By Country
- 12.6.1 China
- 12.6.1.1. Market Size and Forecast, By form
- 12.6.1.2 Market Size and Forecast, By Type
- 12.6.1.3. Market Size and Forecast, By Purpose
- 12.6.1.4 Market Size and Forecast, By Distribution channel
- 12.6.2 Japan
- 12.6.2.1. Market Size and Forecast, By form
- 12.6.2.2 Market Size and Forecast, By Type
- 12.6.2.3. Market Size and Forecast, By Purpose
- 12.6.2.4 Market Size and Forecast, By Distribution channel
- 12.6.3 India
- 12.6.3.1. Market Size and Forecast, By form
- 12.6.3.2 Market Size and Forecast, By Type
- 12.6.3.3. Market Size and Forecast, By Purpose
- 12.6.3.4 Market Size and Forecast , By Distribution channel
- 12.6.4. South Korea
- 12.6.4.1. Market Size and Forecast, By form
- 12.6.4.2 Market Size and Forecast, By Type
- 12.6.4.3. Market Size and Forecast, By Purpose
- 12.6.4.4 Market Size and Forecast, By Distribution channel
- 12.6.5. Australia
- 12.6.5.1. Market Size and Forecast, By form
- 12.6.5.2 Market Size and Forecast, By Type
- 12.6.5.3. Market Size and Forecast, By Purpose
- 12.6.5.4 Market Size and Forecast, By Distribution channel
- 12.6.6. New Zealand
- 12.6.6.1. Market Size and Forecast, By form
- 12.6.6.2 Market Size and Forecast, By Type
- 12.6.6.3. Market Size and Forecast, By Purpose
- 12.6.6.4 Market Size and Forecast, By Distribution channel
- 12.6.7. Singapore
- 12.6.7.1. Market Size and Forecast, By form
- 12.6.7.2 Market Size and Forecast, By Type
- 12.6.7.3. Market Size and Forecast, By Purpose
- 12.6.7.4 Market Size and Forecast, By Distribution channel
- 12.6.8. Malaysia
- 12.6.8.1. Market Size and Forecast, By form
- 12.6.8.2 Market Size and Forecast, By Type
- 12.6.8.3. Market Size and Forecast, By Purpose
- 12.6.8.4 Market Size and Forecast, By Distribution channel
- 12.6.9. Rest of Asia
- 12.6.9.1. Market Size and Forecast, By form
- 12.6.9.2 Market Size and Forecast, By Type
- 12.6.9.3. Market Size and Forecast, By Purpose
- 12.6.9.4 Market Size and Forecast, By Distribution channel
- 13 Latin America Acerola Extract Market Analysis and Forecast (2023-2030)
- 13.1 Introduction
- 13.2 Latin America Acerola Extract Market Share Analysis, By form
- 13.3 Latin America Acerola Extract Market Size and Forecast, By Type
- 13.4 Latin America Acerola Extract Market Size and Forecast, By Purpose
- 13.5 Latin America Acerola Extract Market Size and Forecast, By Distribution channel
- 13.6 Latin America Acerola Extract Market Size and Forecast, By Country
- 13.6.1 Brazil
- 13.6.1.1. Market Size and Forecast, By form
- 13.6.1.2 Market Size and Forecast, By Type
- 13.6.1.3. Market Size and Forecast, By Purpose
- 13.6.1.4 Market Size and Forecast, By Distribution channel
- 13.6.2 Argentina
- 13.6.2.1. Market Size and Forecast, By form
- 13.6.2.2 Market Size and Forecast, By Type
- 13.6.2.3. Market Size and Forecast, By Purpose
- 13.6.2.4 Market Size and Forecast, By Distribution channel
- 13.6.3. Colombia
- 13.6.3.1. Market Size and Forecast, By form
- 13.6.3.2 Market Size and Forecast, By Type
- 13.6.3.3. Market Size and Forecast, By Purpose
- 13.6.3.4 Market Size and Forecast, By Distribution channel
- 13.6.4. Peru
- 13.6.4.1. Market Size and Forecast, By form
- 13.6.4.2 Market Size and Forecast, By Type
- 13.6.4.3. Market Size and Forecast, By Purpose
- 13.6.4 Market Size and Forecast, By Distribution channel
- 13.6.5. Chile
- 13.6.5.1. Market Size and Forecast, By form
- 13.6.5.2 Market Size and Forecast, By Type
- 13.6.5.3. Market Size and Forecast, By Purpose
- 13.6.5.4 Market Size and Forecast, By Distribution channel
- 13.6.6. Venezuela
- 13.6.6.1. Market Size and Forecast, By form
- 13.6.6.2 Market Size and Forecast, By Type
- 13.6.6.3. Market Size and Forecast, By Purpose
- 13.6.6.4 Market Size and Forecast, By Distribution channel
- 13.6.7. rest of Latin America
- 13.6.7.1. Market Size and Forecast, By form
- 13.6.7.2 Market Size and Forecast, By Type
- 13.6.7.3. Market Size and Forecast, By Purpose
- 13.6.7.4 Market Size and Forecast, By Distribution channel
- 14 Middle East Acerola Extract Market Analysis and Forecast (2023-2030)
- 14.1 Introduction
- 14.2 Middle East Acerola Extract Market Share Analysis, By form
- 14.3 Middle East Acerola Extract Market Size and Forecast, By Type
- 14.4 Middle East Acerola Extract Market Size and Forecast, By Purpose
- 14.5 Middle East Acerola Extract Market Size and Forecast, By Distribution channel
- 14.6 Middle East Acerola Extract Market Size and Forecast, By Country
- 14.6.1. Saudi Arabia
- 14.6.1.1. Market Size and Forecast, By form
- 14.6.1.2 Market Size and Forecast, By Type
- 14.6.1.3. Market Size and Forecast, By Purpose
- 14.6.1.4 Market Size and Forecast, By Distribution channel
- 14.6.2 UAE
- 14.6.2.1. Market Size and Forecast, By form
- 14.6.2.2 Market Size and Forecast, By Type
- 14.6.2.3. Market Size and Forecast, By Purpose
- 14.6.2.4 Market Size and Forecast, By Distribution channel
- 14.6.3 Egypt
- 14.6.3.1. Market Size and Forecast, By form
- 14.6.3.2 Market Size and Forecast, By Type
- 14.6.3.3. Market Size and Forecast, By Purpose
- 14.6.3.4 Market Size and Forecast, By Distribution channel
- 14.6.4 Kuwait
- 14.6.4.1. Market Size and Forecast, By form
- 14.6.4.2 Market Size and Forecast, By Type
- 14.6.4.3. Market Size and Forecast, By Purpose
- 14.6.4.4 Market Size and Forecast, By Distribution channel
- 14.6.5 South Africa
- 14.6.5.1. Market Size and Forecast, By form
- 14.6.5.2 Market Size and Forecast, By Type
- 14.6.5.3. Market Size and Forecast, By Purpose
- 14.6.5.4 Market Size and Forecast, By Distribution channel
- 14.6.5 Rest of Middle East & Africa
- 14.6.6.1. Market Size and Forecast, By form
- 14.6.6.2 Market Size and Forecast, By Type
- 14.6.6.3. Market Size and Forecast, By Purpose
- 14.6.6.3 Market Size and Forecast, By Distribution channel
- 15 Competitive Analysis
- 15.1 Competition Dashboard
- 15.2 Market share Analysis of Top Vendors
- 15.3 Key Development Strategies
- 16 Company Profiles
- 16.1 Kemin Industries, Inc.
- 16.1.1 Overview
- 16.1.2 Offerings
- 16.1.3 Key Financials
- 16.1.4 Business Segment & Geographic Overview
- 16.1.5 Key Market Developments
- 16.1.6 Key Strategies
- 16.2 Florida Food Products
- 16.2.1 Overview
- 16.2.2 Offerings
- 16.2.3 Key Financials
- 16.2.4 Business Segment & Geographic Overview
- 16.2.5 Key Market Developments
- 16.2.6 Key Strategies
- 16.3. Niagro - Nichirei do Brasil Ag. Ltd.
- 16.3.1 Overview
- 16.3.2 Offerings
- 16.3.3 Key Financials
- 16.3.4 Business Segment & Geographic Overview
- 16.3.5 Key Market Developments
- 16.3.6 Key Strategies
- 16.4. Naturex SA
- 16.4.1 Overview
- 16.4.2 Offerings
- 16.4.3 Key Financials
- 16.4.4 Business Segment & Geographic Overview
- 16.4.5 Key Market Developments
- 16.4.6 Key Strategies
- 16.5 Advanced Biotech
- 16.5.1 Overview
- 16.5.2 Offerings
- 16.5.3 Key Financials
- 16.5.4 Business Segment & Geographic Overview
- 16.5.5 Key Market Developments
- 16.5.6 Key Strategies
- 16.6 HANDARY S.A
- 16.6.1 Overview
- 16.6.2 Offerings
- 16.6.3 Key Financials
- 16.6.4 Business Segment & Geographic Overview
- 16.6.5 Key Market Developments
- 16.6.6 Key Strategies
- 16.7 Bösch Boden Spies
- 16.7.1 Overview
- 16.7.2 Offerings
- 16.7.3 Key Financials
- 16.7.4 Business Segment & Geographic Overview
- 16.7.5 Key Market Developments
- 16.7.6 Key Strategies
- 16.8 Optimally Organic
- 16.8.1 Overview
- 16.8.2 Offerings
- 16.8.3 Key Financials
- 16.8.4 Business Segment & Geographic Overview
- 16.8.5 Key Market Developments
- 16.8.6 Key Strategies
- 16.9 KINGHERBS
- 16.9.1 Overview
- 16.9.2 Offerings
- 16.9.3 Key Financials
- 16.9.4 Business Segment & Geographic Overview
- 16.9.5 Key Market Developments
- 16.9.6 Key Strategies
- 16.10 Vita Forte Inc
- 16.10.1 Overview
- 16.10.2 Offerings
- 16.10.3 Key Financials
- 16.10.4 Business Segment & Geographic Overview
- 16.10.5 Key Market Developments
- 16.10.6 Key Strategies
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