Future Market Insights delivers key insights on the global acerola extract market in a new publication titled “Acerola Extract Market: Global Industry Analysis and Opportunity Assessment, 2016–2026.” The global acerola extract market is projected to witness a robust 8.5% CAGR in terms of value during the forecasted period (2016–2026). The growth of the global acerola extract market is influenced by several drivers and trends, of which Future Market Insights provides useful insights in this report.
Globally rising levels of diabetes, obesity, and cardiac issues have shifted consumer focus towards natural, fruit-based, and healthy products. This is well reflected in the recent emergence of ‘superfruits’, a term that refers to highly nutritious fruits. Acerola and its derivatives fit well into this context, given the fruits’ impressive nutrient profile. Apart from Vitamin C, acerola is rich in pectin, pectolytic enzymes, carotenoids, fibre, Vitamin B, proteins, and other salts. Additionally, acerola extract contains relatively low calories and exhibits a fat-free nature, which further enhances its nutritional profile. Acerola extract has found wide opportunities in the cosmetics industry due to its ability to provide several skin related benefits, much of which is centred on its high Vitamin C concentration. It acts as an antioxidant and prevents free radicals that can cause skin aging; brightens the skin tone; and increases the skin’s ability to retain moisture. These factors are expected to boost acerola extract demand and subsequently boost the global acerola extract market growth in terms of revenue over the forecast period.
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Segmentation highlights
The global acerola extract market is segmented on the basis of Product Form (Powder, Liquid) and Application (Beverages, Food Supplements, Meat Preservation, Snacks, Bakery Preservation, Confectionery Products, Others).
- The Powder segment is anticipated to be valued at US$ 5,057.5 Mn by 2016 end and is projected to expand at a CAGR of 8.6% during 2016 – 2026
- The Food Supplements application segment is anticipated to be valued at US$ 2,102.1 Mn by 2016 end. The Food Supplements application segment is anticipated to witness a CAGR of 8.7% between 2016 and 2026. The Beverages application segment is projected to create absolute $ opportunity of US$ 126.2 Mn in 2016 over 2015
Regional market projections
The global acerola extract market is segmented into the seven key regions of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA), and Japan. The North America acerola extract market was valued at US$ 1,728 Mn in 2015, which is likely to increase at a CAGR of 8.1% during the assessed period to reach US$ 2,715.6 Mn by the end of 2021. Increasing use in pharmaceutical applications is driving the North America acerola extract market. The APEJ acerola extract market is expected to be valued at US$ 2,835.6 Mn by the end of 2026. Increasing supply chain and production facilities in APEJ are anticipated to drive revenue growth of the market.
Vendor insights
The global acerola extract market report features some of the leading companies operational in the worldwide market. Companies profiled in the report include Nature’s Power Nutraceuticals Corp., Niagro, Naturex, Nutrilite (Amway), Duas Rodas Industrial, Diana Naturals, Nichirei Corporation, iTi Tropicals, NutriBotanica, Vita Forte Inc., Florida Food, Inc., Optimally Organic, The Green Labs LLC, Blue Macaw Flora, and Amazonia Exportacao E Representacao. Top market companies are focussing on expanding their supply chain network globally and are producing and supplying products in partnership with local players to enhance their sales and distribution network.
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Key Questions Answered by the Report
- What is the size of the acerola extract market?
The acerola extract market is assessed to reach a US$ 17.5 billion value by 2026. The growth rate for the acerola extract market is estimated to be 8.5% CAGR between 2016 and 2026.
- Which is the largest market for acerola extract?
North America is the prominent market for acerola extract. Growing use in the production of food supplement products makes the region a critical market for acerola extract.
- Which are the top companies in acerola extract market?
Optimally Organic, The Green Labs LLC, Vita Forte, Blue Macaw Flora, NutriBotanica, Amazonia Exportacao E Representacao, Amway, Naturex, and Niagro are among the leading market players.
- What are the uses of acerola extract?
Acerola extract extensively finds use in the food and beverage sector for the production of supplements, meat preservation, beverages, bakery preservation, snacks, and confectionary products, towards improving nutritional profiles.
- In which forms are acerola extract available?
Manufacturers produce acerola extracts in two types – powdered and liquid. The manufacturing and demand for the powder variant is higher, owing to water soluble applications.
- What is the outlook on Europe acerola extract market?
Europe is a fast-growing regional market. The region is supported by growing use of acerola extract in fresh foods and beverages, and cosmetic products.
- How has the market for acerola extract evolved in recent years?
The acerola extract market is has benefited from the growing consumer bias towards natural, organic, and clean label food trends. Vitamin C content has increased applications in functional foods and nutrition supplements.
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