Acerola Extract Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Acerola is a tropical fruit-bearing small tree or a shrub that belongs to the family of Malpighiaceae. The fruit is native to the tropical regions of the Western Hemisphere and is rich in Vitamin C as well as includes Vitamin B1, Vitamin A, B3, and B2. The demand for acerola has increased as a functional food or nutraceutical since the extracts are known for potent health-promoting and biological activities.

MARKET SCOPE

The “Global Acerola Extract Market Analysis to 2031” is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the acerola extract market with detailed market segmentation by category, application, and geography. The report provides key statistics on the market status of the leading acerola extract market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

• Based on category, the global acerola extract market is segmented into category and application.
• Based on application, the market is segmented into food and beverage, pharmaceutical and dietary supplements, and personal care.

MARKET DYNAMICS

Drivers-

• The increase in demand for natural food ingredients among the food manufacturers will drive the growth of the acerola extract market.
• The shift in the consumer’s preference towards a healthy lifestyle as well as an increase in consumer awareness about health-conscious products is going to increase the demand for acerola extract.
• Acerola fruit extract is a potent source of antioxidants and hydrating polysaccharides which protects the fibroblasts in skin from suffering oxidative damage. Thus, the benefits of acerola extract on human skincare will drive the growth of the market.

Restraints-

• The functional food market is influenced by regulatory framework, consumer demand as well as farm to fork supply chain linkages which may restrict the growth of the market.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The acerola extract market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the acerola extract market in these regions.

IMPACT OF COVID-19 ON ACEROLA EXTRACT MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries such as the food and beverages industry in various countries due to lockdowns, travel bans, and business shutdowns. The supply of acerola has been affected due to the disruption in the supply chain. The delay in the supply chain will affect the quality of acerola as well as will reduce the weight and value of shipments. Whereas the demand for acerola extract has increase in the pandemic as more and more consumers are consuming healthy food products which is due to the pandemic. Thus, COVID had a significant impact on the acerola extract market.

KEY

Acerola Extract Market Report Analysis

Acerola Extract Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• DuPont
• The Green Labs LLC
• Kemin Industries, Inc.
• Vital Herbs
• Naturex
• Vita Forte Inc.
• Martin Bauer Group
• Foodchem International Corporation

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Form

• Powder
• Liquid

By Category

• Organic
• Conventional

By Application

• Bakery and Confectionery
• Dairy and Frozen Desserts
• Beverages
• Sweet and Savory Snacks

MARKET PLAYERS

The report covers key developments in the acerola extract market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from acerola extract market are anticipated to lucrative growth opportunities in the future with the rising demand for acerola extract in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the acerola extract market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

• Foodchem International Corporation
• Herbal Creative
• Kemin Industries, Inc
• Martin Bauer GmbH & Co. KG
• Naturex
• Niagro – Nichirei do Brasil Agrícola Ltda
• NutriBotanica Institutional
• PLANTEX
• The Green Labs LLC
• Vital Herbs

The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Acerola Extract Market Report Scope