Global Acerola Extract Market Overview
According to SPER Market Research, the Global Acerola Extract Market is estimated to reach USD 0.04 billion by 2032 with a CAGR of 7.82%.
The food and beverage industry has a strong demand for acerola extract since it is often used in confectionery to extend the shelf life of the product because it has an antioxidant component. In addition, it releases a tart flavour that is used in the creation of candies. Because acerola is a large source of anthocyanins and ascorbic acid, it is employed in pharmaceutical products (vitamin C). Ascorbic acid and a number of phytonutrients, including flavonoids, anthocyanins, carotenoids, and phenolics, are present in acerola extract, which is also used to make medications for a number of diseases, including the common cold, the flu, diabetes, and obesity, to mention a few. Acerola extracts are frequently used by cosmetic and beauty product producers to create skin-related goods including anti-aging creams, skin whitening creams, and sunscreen lotions, among others, due to the presence of a significant amount of Vitamin C and its functional characteristics. Consumer interest in health, animal welfare, the environment, and sustainability are driving the market for organic beef. Because it helps prevent oxidation, preserves organoleptic qualities, and lengthens the shelf life of organic meat, organic acerola extract is utilised around the world in place of synthetic ascorbic acid and erythorbate sodium. Acerola extract is also widely utilised in processed foods as a natural antioxidant. Furthermore, the naturalness and clean label labels on food packaging are currently on the rise as part of a movement towards increased sustainability. Consequently, food producers are substituting natural components for synthetic chemicals in order to satisfy customer demands.
Impact of COVID-19 on the Global Acerola Extract Market
The COVID-19 has had an effect on economies and enterprises in numerous countries, particularly the food and beverage industry, as a result of detentions, travel restrictions, and business closures. The distribution network disruption has a negative influence on the supply of acerola. The quality of the acerola as well as the quantity and cost of deliveries would be impacted by the distribution network delay. The outbreak has led to a rise in the consumption of healthier foods, which has raised the demand for acerola extract. As a result, COVID had a substantial effect on the acerola extract market. Industries start to suffer as economic activity slows. The market insight reports and intelligence services provided by DBMR consider the anticipated impacts of the economic downturn on the pricing and accessibility of the goods. With the help of this, our clients may frequently stay one step ahead of their rivals, forecast their sales and revenue, and determine their expenses for profit and loss. Research and development efforts focused on vitamin C are now receiving significant funding. Customers are looking for goods that offer considerable health advantages. The amount of chemicals used in food processing has decreased because to recent expenditures in research and development and product improvement, which has improved product quality. The market for acerola extract in foods and beverages is expected to grow significantly as a result of its qualities as an important health supplement.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Form, By Application, By Nature, By Distribution Channel
|
| Regions covered | Asia-Pacific, Europe, Middle East & Africa, North America, Latin America
|
| Companies Covered | Advanced Biotech, Amway , Blue Macaw Flora, Bösch Boden Spies , Diana Group , Duas Rodas Institucional , DuPONT, Florida Food Products , Foodchem International Corporation, HANDARY S.A., iTi Tropicals, Kemin Industries, Inc. , KINGHERBS , Naturex , Niagro - Nichirei do Brasil Ag. Ltd, Optimally Organic , The Green Labs LLC., Vital Herbs
|
Global Acerola Extract Market Segmentation:
1. By Form:
2. By Application:
- Bakery Products
- Beverages
- Confectionery Products
- Convenience & Processed Products
- Cosmetics & Personal Care
- Dairy Products
- Dietary Supplements
3. By Nature:
4. By Distribution Channel:
5. By Region:
- Asia-Pacific
- Europe
- Middle East
- Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Acerola Extract Market (FY’2019-FY’2032)
- Overview of Global Acerola Extract Market
- Segmentation of Global Acerola Extract Market By Form (Powder, Liquid)
- Segmentation of Global Acerola Extract Market By Application (Bakery Products, Beverages, Confectionery Products, Convenience & Processed Products, Cosmetics & Personal Care, Dairy Products, Dietary Supplements, Granola & Breakfast Cereals, Meat & Poultry Products, Pharmaceutical, Snacks, Sports Nutrition, Others)
- Segmentation of Global Acerola Extract Market By Nature (Conventional, Organic)
- Segmentation of Global Acerola Extract Market By Distribution Channel (Direct, Indirect)
- Statistical Snap of Global Acerola Extract Market
- Growth Analysis of Global Acerola Extract Market
- Problems and Challenges in Global Acerola Extract Market
- Competitive Landscape in the Global Acerola Extract Market
- Impact of COVID-19 and Demonetization on Global Acerola Extract Market
- Details on Recent Investment in Global Acerola Extract Market
- Competitive Analysis of Global Acerola Extract Market
- Major Players in the Global Acerola Extract Market
- SWOT Analysis of Global Acerola Extract Market
- Global Acerola Extract Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Acerola Extract Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1. Global Acerola Extract Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Acerola Extract Market
7. Global Acerola Extract Market, By Form, 2019-2032 (USD Million)
7.1. Powder
7.2. Liquid
8. Global Acerola Extract Market, By Application, 2019-2032 (USD Million)
8.1. Bakery Products
8.2. Beverages
8.3. Confectionery Products
8.4. Convenience & Processed Products
8.5. Cosmetics & Personal Care
8.6. Dairy Products
8.7. Dietary Supplements
8.8. Granola & Breakfast Cereals
8.9. Meat & Poultry Products
8.10. Pharmaceutical
8.11. Snacks
8.12. Sports Nutrition
8.13. Others
9. Global Acerola Extract Market, By Nature, 2019-2032 (USD Million)
9.1. Conventional
9.2. Organic
10. Global Acerola Extract Market, By Distribution Channel, 2019-2032 (USD Million)
10.1. Direct
10.2. Indirect
11. Global Acerola Extract Market, By Region, 2019-2032 (USD Million)
11.1. Global Acerola Extract Market Size and Market Share by Region (2019-2025)
11.2. Global Acerola Extract Market Size and Market Share by Region (2026-2032)
11.3. Asia-Pacific
11.3.1. Australia
11.3.2. China
11.3.3. India
11.3.4. Japan
11.3.5. South Korea
11.3.6. Rest of Asia-Pacific
11.4. Europe
11.4.1. France
11.4.2. Germany
11.4.3. Italy
11.4.4. Spain
11.4.5. United Kingdom
11.4.6. Rest of Europe
11.5. Middle East & Africa
11.5.1. Kingdom of Saudi Arabia
11.5.2. United Arab Emirates
11.5.3. Rest of Middle East & Africa
11.6. North America
11.6.1. Canada
11.6.2. Mexico
11.6.3. United States
11.7. Latin America
11.7.1. Argentina
11.7.2. Brazil
11.7.3. Rest of Latin America
12. Company Profiles
12.1. Advanced Biotech
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Amway
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Blue Macaw Flora
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Bösch Boden Spies
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Diana Group
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Duas Rodas Institucional
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. DuPONT
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Florida Food Products
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Foodchem International Corporation
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. HANDARY S.A.
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. iTi Tropicals
12.11.1. Company details
12.11.2. Financial outlook
12.11.3. Product summary
12.11.4. Recent developments
12.12. Kemin Industries, Inc.
12.12.1. Company details
12.12.2. Financial outlook
12.12.3. Product summary
12.12.4. Recent developments
12.13. KINGHERBS
12.13.1. Company details
12.13.2. Financial outlook
12.13.3. Product summary
12.13.4. Recent developments
12.14. Naturex
12.14.1. Company details
12.14.2. Financial outlook
12.14.3. Product summary
12.14.4. Recent developments
12.15. Niagro - Nichirei do Brasil Ag. Ltd
12.15.1. Company details
12.15.2. Financial outlook
12.15.3. Product summary
12.15.4. Recent developments
12.16. Optimally Organic
12.16.1. Company details
12.16.2. Financial outlook
12.16.3. Product summary
12.16.4. Recent developments
12.17. The Green Labs LLC.
12.17.1. Company details
12.17.2. Financial outlook
12.17.3. Product summary
12.17.4. Recent developments
12.18. Vital Herbs
12.18.1. Company details
12.18.2. Financial outlook
12.18.3. Product summary
12.18.4. Recent developments
13. List of Abbreviations
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
