Global Acerola Extract Market 2017-2021

Overview of the global acerola extract market

Consumers are becoming more concerned about the ingredients present in the food and beverages they consume due to the rising focus on health and safety. As a result, several food processing and manufacturing industries are replacing the application of artificial ingredients with the addition of natural ingredients. The side effects associated with the consumption of artificial additives will further boost the preference for natural ingredients such as the acerola extract. Research analysis on the global acerola extract market identifies that the rising demand for natural ingredients will be one of the major factors that will have a positive impact on the growth of the market. Synthetic ingredients used in the cosmetic industry may result in side effects like allergies or cause certain carcinogenic effects. This compels the manufacturers to use natural ingredients such as acerola cherry extract, which enhances the herbal and natural aspects of the product. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 8% by 2021.

North America is the major growth contributor toward the acerola extract market. The rising awareness about the health benefits of acerola extract, increasing adoption of acerola extract, and the commercialization of acerola berry extract are driving the market’s growth in the Americas. The consumption of acerola extract is high in the food processing industry of several nations such as the US and Canada. The rising preference for natural and healthy foods will accelerate the application of acerola extract as a natural ingredient for preservation, providing nutrition, preserving color.

Competitive landscape and key vendors

The acerola extract market is highly fragmented due to the presence of numerous small and large vendors. These vendors are increasingly competing against each other based on varieties of acerola products like dehydrated, concentrated, puree, or powdered forms. Some of the vendors in the acerola fruit extract market have large capital resources and have more specialization in comparison to their competitors.

Key vendors in this market are -

• 100 (POR CENTO) AMAZONIA EXPORTACAO E REPRESENTACAO
• Blue Macaw Flora
• iTi Tropicals
• Niagro - Nichirei do Brasil
• The Green Labs

Other prominent vendors in the market include Diana Group, Naturex, NP Nutra (Nature's Power Nutraceuticals Corp), NutriBotanica, Optimally Organic, Parchem fine & specialty chemicals, and Vita Forte

Segmentation by application and analysis of the acerola extract market

• Food supplement applications
• Beverage applications
• Confectionery applications
• Bakery applications
• Snacks applications
• Meat applications

The acerola fruit extract market in the food supplements segment is expected to witness growth during the forecasted period due to the rising demand for food or dietary supplements that are concentrated with nutrients. Acerola extract contains natural vitamin C that aids the easy conversion of folic acids to their active forms and absorption of iron. Acerola contains antioxidants that improves the immune system and minimizes the influence of free radicals in the body. The hectic lifestyles of people and the increasing consumption of fast-food items will drive the demand for food supplements that use acerola extract.

Segmentation by product form and analysis of the acerola extract market

• Powder acerola extract
• Liquid acerola extract

The demand for powdered acerola fruit extract is increasing due to the growing preference for food supplements, particularly in the nutraceutical category. The consumption of powder acerola extract will further increase with the rising demand for natural ingredients as preservatives, especially for meat products to preserve and prevent its discoloration. The acerola extract market will experience growth in the powdered acerola extract segment due to the factors associated with the acerola powder such as convenience and high nutritional value.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global acerola extract market?
• What are the key market trends impacting the growth of the global acerola extract market?
• What are the challenges to market growth?
• Who are the key vendors in the global acerola extract market?
• What are the market opportunities and threats faced by the vendors in the global acerola extract market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global acerola extract market?

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