Acerola Extract Market Analysis | 2024-2030

“The Acerola Extract Market value was US$ 18.5 million in 2023 and is likely to grow at a decent CAGR of 7.5% in the long run to reach US$ 30.6 million in 2030.”

Market Dynamics

Introduction

The acerola extract market refers to the industry involved with the acerola fruit’s production, sales, and distribution of products derived from the fruit, also popularly known as West-Indian cherry.

This fruit is known for its richness in nutrients like vitamin A, vitamin B, vitamin C, and other antioxidants. The acerola extract market provides a wide range of applications, from dietary supplements to cosmetics and food and beverages to pharmaceuticals.

Recent Developments

A significant number of developments have been performed over the past few years:

• In February 2021, Nexira introduced a natural & organic acerola extract solution that is designed to delay meat discoloration and help preserve the color.
• In September 2020, Diana Food S.A.S launched its first clean-label, organic, and fair-trade acerola powder which aims to meet the customer demand for healthy and natural products.
• In June 2020, CAIF launched a new acerola powder extract that contains a minimum of 32% vitamin C, making the company to meet customer needs.

Segments Analysis

By Application Type

“Meat application is expected to dominate the acerola extract market”.

• The market is segmented into meat products, bakery products, confectioneries, dairy & frozen desserts, beverages, and other applications.
• Meat is generally considered fresh by its color, the color determines the quality of meat.
• Hence, it becomes important for the manufacturers to retain the color of meat to attract customers.

By Form Type

“Dry form is expected to grow over the forecasted period”.

• The market is segmented into dry and liquid.
• Dry extracts come in the form of powder which also allows a low content of moisture, which proves to be better at preventing degradation.
• Dry powders can be stored longer than liquids, making them highly preferable to the manufacturers.

By Nature Type

“Organic segment is anticipated to contribute the largest share”.

• The market is segmented into conventional and organic.
• The key players that operate the global market support the local farmers to grow acerola.
• These players also provide knowledge on how to grow acerola and also help them get certified for what they produce.

Regional Analysis

“Asia Pacific is expected to dominate the market in the forecasted period”.

• The market is segmented into North America, Europe, Asia Pacific, and Rest of the World.
• Increasing consumer awareness about its health benefits is driving consumer demand.
• The countries in the Asia Pacific region, especially India and China have strong manufacturing bases for functional food and dietary supplements which supports acerola extract products.

Key Players

The market is highly fragmented with the presence of over 500 players across the region. Most of the major players compete in some of the governing factors including price, service offerings, regional presence, etc. The following are the key players in the Acerola Extract Market. Some of the major players are providing a complete range of services including engine and airframe.

Here is the list of the Top Players (Based on Dominance)

• DSM
• Kemin Industries, Inc.
• Dohler GmbH
• The Green Labs LLC
• Diana Food S.A.S.
• Naturex S.A.
• NutriBotanica
• Handary SA
• Foodchem International Corporation
• Nichirei do Brasil Agrícola Ltda.
• Nexira
• CAIF
• Nutra Green Biotechnology CO., LTD.
• Vidya Herbs Pvt Ltd
• BR Ingredients
• Blue Macaw Flora
• Hangzhou Muhua Bio-Tech Co., Ltd
• Herbo Nutra
• Herbal Creative
• Vital Herbs

Note: The above list does not necessarily include all the top players in the market.

Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s Acerola Extract Market realities and future market possibilities for the forecast period. 
• The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

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