Global Acerola Extract Market Size, Share, Opportunities, And Trends By Product Form (Liquid, Powder), By Application (Food & Beverage, Pharmaceuticals, Animal Feed, Cosmetics), By Distribution Channel (Online, Offline), By End-User (Adults, Children, Athletes), And By Geography - Forecasts From 2024 To 2029

Acerola is a type of shrub or tree that produces small fruits that are similar to cherries and are red when ripe. It is well known for its rich vitamin C content and has been widely used for the treatment of vitamin C deficiency.

Introduction:

The global acerola extract market is expected to witness an increase in growth during the forecasted period of 2024-2029 due to factors such as the increasing awareness of the benefits of acerola coupled with the increasing organic food and beverage industry expansion.

Market Drivers:

• Increasing awareness of benefits: Acerola is well known for containing a wide range of benefits with a wide range of applications in the market. Acerola cherry fruit is commonly used as a dietary supplement due to the rich content of vitamin C in the fruit.  The acerola extract is processed from the acerola fruit by removing the water content in the fruit. It is known to contain higher nutrient density compared to fresh acerola cherries, which account for more than 5g per 100g of dried fruit. Furthermore, the acerola extract is known to have anti-cancer properties, due to the high vitamin C content. It is also known for having anti-aging properties due to the antioxidants present in the acerola cherry.

The various benefits of acerola include strengthening the immune system, lowering histamine levels in the blood and relieving symptoms of allergies, normalizing elevated blood sugar levels, lowering the homocysteine level and protecting the cardiovascular system, preventing cell aging, preventing the formation of dangerous nitrosamines, detoxifies the body and fights cancer cells. Therefore, the increasing number of health-conscious consumers in the market will drive the acerola extract market growth as well, influenced by the increased awareness of the acerola cherry in the market.

• Growing organic food and beverage industry: Acerola extract is known to be widely used in the food and beverage industry as a dietary supplement to increase the nutritional value and taste of several food products, which include bakery products, meat products, and several others. Acerola is known for its vitamin C content, making it an attractive choice for health-conscious consumers. As per foodinsight.org, the consumer preferences in the healthy food category include fresh (37%), low in sugar (32%), and a good source of protein (29%). Acerola extracts are known to have high amounts of vitamin C content, attracting a large number of consumers in the market.

Furthermore, the increasing adoption of organic agriculture will be expected to drive the increase in the production of fresh produce, which includes acerola cherry as well. The increase in organic products in the market will also drive the acerola extract products growth in the market since acerola is considered an organic food product. As per the FiBL, the global sales of organic food and beverage products displayed an increase to reach an estimated 125 billion euros in 2021. This increase will provide the necessary boost for the global acerola extract market growth during the forecasted period.  

Key Players:

• The Green Labs LLC: A company known for the manufacturing, commercialization, and distribution of organic and conventional herbal materials, extracts, and powders.
• Kemin Industries, Inc.: A global company known for supplying various types of ingredients in the market, which include acerola extracts.

Regional Analysis:

The North American region is expected to witness a significant increase in growth in the acerola market during the forecasted period. The factors that contribute to the acerola extract market growth are the growing food and beverage industry, coupled with the increasing growth of organic agriculture in the region. Acerola extract is known to be procured from the acerola cherry fruit, which is widely known for its wide range of benefits and rich nutrient and mineral sources. The acerola extract is known to be used as a vitamin C supplement in various food products such as bakery and meat products, further enhancing the taste and nutrients of the food products. As per Gitnux.org, the number of people who consume snacks, nutrition, or performance bars in America accounted for an estimated 93.3 people in 2020. Furthermore, the food and beverage industry is expected to increase at an annual rate of 1.4% between 2021 to 2026. This increase in the growth of the food and beverage industry will drive the regional acerola extract market growth during the forecast period.

Additionally, the increasing growth of organic agriculture is expected to increase the acerola extract market growth. The number of health-conscious consumers in the market is expected to increase, driving the growth in demand for naturally produced food and beverage products and ingredients, which include acerola and its extract. Due to the wide range of benefits provided by the acerola extract, the increase in awareness of the acerola extract will also be expected to increase during the forecasted period. As per the United States Department of Agriculture, certified organic cropland acres have displayed an increase of 79% during the period of 2011-2021, which is an increase reaching 3.6 million acres in 2021. It was also stated that organic retail sales were estimated to be more than $52 billion in 2021, which is an estimated 5.5% of all food retail sales.  It was also stated that the farms and ranches in the US displayed sales accounting for $11 billion in organic products alone in 2021. The increasing significance and sales of organic products in the market will provide the necessary fuel for the regional acerola extract market growth during the forecasted period.

Market Developments:

• November 2022: Duas Rodas announced the launch of their exclusive acerola extract with the standardized 40% natural vitamin C for the food supplement industry at the Supply Side West 2022, dubbed Vitamin-Ace™ 40. The product is known for preserving a high concentration of natural vitamin C from the acerola cherry fruit, along with a concentration of 40% ascorbic acid. This product was produced to meet the growing demand for immunity-boosting supplements by consumers in the market. it is also used as an active ingredient as an antioxidant in meat products and gluten chain enhancement in baked products in the market.

Segmentation:

• By Product Form:
  • Liquid
  • Powder
• By Application:
  • Food & Beverage
  • Pharmaceuticals
  • Animal Feed
  • Cosmetics
• By Distribution Channel:
  • Online
  • Offline
• By End-User:
  • Adults
  • Children
  • Athletes
• By Geography:
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key Benefits to the Stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. GLOBAL ACEROLA EXTRACT MARKET BY PRODUCT FORM

5.1. Introduction

5.2. Liquid

5.2.1. Market Trends and Opportunities

5.2.2. Growth Prospects

5.2.3. Geographic Lucrativeness

5.3. Powder

5.3.1. Market Trends and Opportunities

5.3.2. Growth Prospects

5.3.3. Geographic Lucrativeness

6. GLOBAL ACEROLA EXTRACT MARKET BY APPLICATION

6.1. Introduction

6.2. Food & Beverage

6.2.1. Market Trends and Opportunities

6.2.2. Growth Prospects

6.2.3. Geographic Lucrativeness

6.3. Pharmaceuticals

6.3.1. Market Trends and Opportunities

6.3.2. Growth Prospects

6.3.3. Geographic Lucrativeness

6.4. Animal Feed

6.4.1. Market Trends and Opportunities

6.4.2. Growth Prospects

6.4.3. Geographic Lucrativeness

6.5. Cosmetics

6.5.1. Market Trends and Opportunities

6.5.2. Growth Prospects

6.5.3. Geographic Lucrativeness

7. GLOBAL ACEROLA EXTRACT MARKET BY DISTRIBUTION CHANNEL

7.1. Introduction

7.2. Online

7.2.1. Market Trends and Opportunities

7.2.2. Growth Prospects

7.2.3. Geographic Lucrativeness

7.3. Offline 

7.3.1. Market Trends and Opportunities

7.3.2. Growth Prospects

7.3.3. Geographic Lucrativeness

8. GLOBAL ACEROLA EXTRACT MARKET BY END-USER

8.1. Introduction

8.2. Adults

8.2.1. Market Trends and Opportunities

8.2.2. Growth Prospects

8.2.3. Geographic Lucrativeness

8.3. Children

8.3.1. Market Trends and Opportunities

8.3.2. Growth Prospects

8.3.3. Geographic Lucrativeness

8.4. Athletes

8.4.1. Market Trends and Opportunities

8.4.2. Growth Prospects

8.4.3. Geographic Lucrativeness

9. GLOBAL ACEROLA EXTRACT MARKET BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. By Material

9.2.2. By Application

9.2.3. By Product Type

9.2.4. By Country

9.2.4.1. United States

9.2.4.1.1. Market Trends and Opportunities

9.2.4.1.2. Growth Prospects

9.2.4.2. Canada

9.2.4.2.1. Market Trends and Opportunities

9.2.4.2.2. Growth Prospects

9.2.4.3. Mexico

9.2.4.3.1. Market Trends and Opportunities

9.2.4.3.2. Growth Prospects

9.3. South America

9.3.1. By Material

9.3.2. By Application

9.3.3. By Product Type

9.3.4. By Country

9.3.4.1. Brazil

9.3.4.1.1. Market Trends and Opportunities

9.3.4.1.2. Growth Prospects

9.3.4.2. Argentina

9.3.4.2.1. Market Trends and Opportunities

9.3.4.2.2. Growth Prospects

9.3.4.3. Others

9.3.4.3.1. Market Trends and Opportunities

9.3.4.3.2. Growth Prospects

9.4. Europe

9.4.1. By Material

9.4.2. By Application

9.4.3. By Product Type

9.4.4. By Country

9.4.4.1. United Kingdom

9.4.4.1.1. Market Trends and Opportunities

9.4.4.1.2. Growth Prospects

9.4.4.2. Germany

9.4.4.2.1. Market Trends and Opportunities

9.4.4.2.2. Growth Prospects

9.4.4.3. France

9.4.4.3.1. Market Trends and Opportunities

9.4.4.3.2. Growth Prospects

9.4.4.4. Italy

9.4.4.4.1. Market Trends and Opportunities

9.4.4.4.2. Growth Prospects

9.4.4.5. Spain

9.4.4.5.1. Market Trends and Opportunities

9.4.4.5.2. Growth Prospects

9.4.4.6. Others

9.4.4.6.1. Market Trends and Opportunities

9.4.4.6.2. Growth Prospects

9.5. Middle East and Africa

9.5.1. By Material

9.5.2. By Application

9.5.3. By Product Type

9.5.4. By Country

9.5.4.1. Saudi Arabia

9.5.4.1.1. Market Trends and Opportunities

9.5.4.1.2. Growth Prospects

9.5.4.2. UAE

9.5.4.2.1. Market Trends and Opportunities

9.5.4.2.2. Growth Prospects

9.5.4.3. Others

9.5.4.3.1. Market Trends and Opportunities

9.5.4.3.2. Growth Prospects

9.6. Asia Pacific

9.6.1. By Material

9.6.2. By Application

9.6.3. By Product Type

9.6.4. By Country

9.6.4.1. Japan

9.6.4.1.1. Market Trends and Opportunities

9.6.4.1.2. Growth Prospects

9.6.4.2. China

9.6.4.2.1. Market Trends and Opportunities

9.6.4.2.2. Growth Prospects

9.6.4.3. India

9.6.4.3.1. Market Trends and Opportunities

9.6.4.3.2. Growth Prospects

9.6.4.4. South Korea

9.6.4.4.1. Market Trends and Opportunities

9.6.4.4.2. Growth Prospects

9.6.4.5. Taiwan

9.6.4.5.1. Market Trends and Opportunities

9.6.4.5.2. Growth Prospects

9.6.4.6. Thailand

9.6.4.6.1. Market Trends and Opportunities

9.6.4.6.2. Growth Prospects

9.6.4.7. Indonesia

9.6.4.7.1. Market Trends and Opportunities

9.6.4.7.2. Growth Prospects

9.6.4.8. Others

9.6.4.8.1. Market Trends and Opportunities

9.6.4.8.2. Growth Prospects

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Competitive Dashboard

11. COMPANY PROFILES

11.1. The Green Labs LLC

11.2. Kemin Industries, Inc

11.3. Tropextrakt GmbH

11.4. Foodchem International Corporation

11.5. Diana Food (Symrise)

11.6. Amway India Enterprises Pvt. Ltd.

11.7. Naturex

The Green Labs LLC

Kemin Industries, Inc

Tropextrakt GmbH

Foodchem International Corporation

Diana Food (Symrise)

Amway India Enterprises Pvt. Ltd.

Naturex