Global Acerola Extract Market Size, Share, Trends, Industry Growth by Nature (Conventional, Organic), by Form (Dry, Liquid), by Application, by Region, and Forecast to 2028 Report ID: RC64815 | Report Format: PDF + Excel | Last Updated: June 27th, 2023

The global acerola extract market size is expected to register a significant CAGR of over 7% during the forecast period from 2022 to 2028. The rising health concerns and the growing demand for clean-label food products around the world are some major factors to drive the market growth. Furthermore, the availability of high nutritious value and vitamins such as vitamin C, vitamin A, and others are further anticipated to increase the demand for acerola extract over the forecast period. Moreover, the growing use of the product in the medical sector to treat some diseases such as obesity, diabetes, and cardiac-related issues is expected to boost the market growth in upcoming years.

Market Drivers:

Increasing demand for natural and functional ingredients: There is a growing consumer preference for natural and functional ingredients in various industries, including food and beverages, dietary supplements, cosmetics, and pharmaceuticals. Acerola extract, derived from the acerola cherry, is rich in vitamin C and other beneficial compounds, making it a sought-after natural ingredient in these industries.

Rising awareness of health and wellness: With increasing awareness of the importance of health and wellness, consumers are seeking products that offer nutritional benefits and support overall well-being. Acerola extract is known for its high vitamin C content, which is a potent antioxidant and immune booster. The growing focus on health and wellness drives the demand for acerola extract as a functional ingredient.

Growing demand for natural antioxidants: Antioxidants play a crucial role in neutralizing harmful free radicals and protecting the body against oxidative stress. Acerola extract is a rich source of natural antioxidants, including vitamin C, phenolic compounds, and carotenoids. As the demand for natural antioxidants increases, acerola extract gains popularity as a natural and potent antioxidant ingredient.

Expansion of the food and beverage industry: The food and beverage industry is one of the major consumers of acerola extract. It is used as a natural food colorant, flavor enhancer, and nutritional supplement in various food and beverage products, including juices, smoothies, jams, yogurts, and confectionery items. The growth of the food and beverage industry drives the demand for acerola extract.

Increasing consumer interest in clean label products: Consumers are becoming more conscious of the ingredients used in the products they consume and are seeking clean label products that are free from artificial additives and preservatives. Acerola extract, being a natural ingredient, aligns with the clean label trend and is preferred by consumers looking for natural and minimally processed products.

Growing demand for natural skincare and personal care products: The skincare and personal care industry is witnessing a shift towards natural and organic products. Acerola extract is valued for its skin-brightening and anti-aging properties due to its high vitamin C content. The increasing demand for natural skincare and personal care products drives the incorporation of acerola extract in these formulations.

Expansion of the dietary supplements market: The dietary supplements market is experiencing significant growth as consumers seek nutritional supplements to complement their diets and support their health goals. Acerola extract is commonly used as a natural source of vitamin C in dietary supplements due to its high content of this essential nutrient. The expanding dietary supplements market drives the demand for acerola extract.

Favorable government regulations and support: Governments and regulatory bodies play a role in driving the acerola extract market through favorable regulations and support for natural and functional ingredients. Regulations promoting the use of natural ingredients, safety standards, and quality control contribute to the growth of the acerola extract market.

Market Snapshot:

Benchmark Year 2022
Market Size lock
Market Growth (CAGR) > 7% (2023-2030)
Largest Market Share North America
Analysis Period 2020-2030
Market Players DSM N.V., Kemin Industries, Inc., Dohler GmbH, The Green Labs LLC, and Diana Food S.A.S.

Market Insights:

The global acerola extract market is bifurcated into form, nature, application, and geography. On the basis of form, the market is further segmented into dry and liquid forms. The dry form is dry form segment dominated the global market in 2021 and expected to hold the largest revenue share of around 2/3 market share by the end of the analysis period. The high demand for the product as powder form in health and vitamin supplements and the growing demand for antioxidant supplements are some major factors to drive the segment growth. Furthermore, the long life of the powder form of acerola extract as compared to the liquid form is further anticipated to boost the segment growth over the forecast period.

On the basis of application, the market is segmented into food supplements, beverages, confectionery, bakeries, and others. The food supplement segment dominated the global acerola extract market in 2021 and is expected to hold the largest revenue share of around 1/3 market share by the end of the forecast period. The acerola is a rich source of Vitamin C which is a major factor to drive the segment growth. Furthermore, the rising consumer awareness regarding healthy food and the growing demand for food supplements are further anticipated to fuel the segment growth in next upcoming years.

Acerola Extract Market Forecast

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The acerola extract comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2022 to 2028. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The acerola extract market research report presents the analysis of each segment from 2019 to 2028 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2019-20 – Historical Year
  • 2021 – Base Year
  • 2022-2028 – Forecast Period

Market Segmentation:

By Nature:

  • Conventional
  • Organic

By Form:

  • Dry
  • Liquid

By Application:

  • Food Supplements
  • Beverages
  • Confectionery
  • Bakery
  • Snacks
  • Meat
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regional Analysis:

Geographically, North America dominated the global acerola extract market in 2021 and is estimated to hold a significant revenue share of over 1/4 market share by the end of the analysis period. The increasing demand and growing popularity of the acerola and the rising awareness regarding health benefits associated with the product are some major factors to drive the market growth in the region. On the flip side, the Asia Pacific is estimated to register the fastest growth rate over the forecast period. The increasing inclination toward natural food products, the low cost of the product, and the increasing number of startups are expected to boost the market growth in the Asia Pacific.

Competitive Assessment:

Some of the major market players operating in the global acerola extract market are DSM N.V., Kemin Industries, Inc., Dohler GmbH, The Green Labs LLC, and Diana Food S.A.S. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

  • DSM N.V.
  • 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

Key Questions Answered by Acerola Extract Market Report

  • Global acerola extract market forecasts from 2022-2028
  • Regional market forecasts from 2022-2028 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2022-2028 covering 15 major countries from the regions as mentioned above
  • Acerola extract submarket forecasts from 2022-2028 covering the market by nature, by form, by application, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about the market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level acerola extract markets from 2022-2028
  • Competitive Landscape and market positioning of top 10 players operating in the market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Acerola Extract Market Portraiture
2.2. Global Acerola Extract Market, by Nature, 2021 (USD Mn)
2.3. Global Acerola Extract Market, by Form, 2021 (USD Mn)
2.4. Global Acerola Extract Market, by Application, 2021 (USD Mn)
2.5. Global Acerola Extract Market, by Geography, 2021 (USD Mn)

 

3. Global Acerola Extract Market Analysis


3.1. Acerola Extract Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis

 

4. Global Acerola Extract Market By Nature, 2019 – 2028 (USD Mn)


4.1. Overview
4.2. Conventional
4.3. Organic

 

5. Global Acerola Extract Market By Form, 2019 – 2028 (USD Mn)


5.1. Overview
5.2. Dry
5.3. Liquid

 

6. Global Acerola Extract Market By Application, 2019 – 2028 (USD Mn)


6.1. Overview
6.2. Food Supplements
6.3. Beverages
6.4. Confectionery
6.5. Bakery
6.6. Snacks
6.7. Meat
6.8. Others

 

7. North America Acerola Extract Market Analysis and Forecast, 2019 – 2028 (USD Mn)


7.1. Overview
7.2. North America Acerola Extract Market by Nature, (2019-2028 USD Mn)
7.3. North America Acerola Extract Market by Form, (2019-2028 USD Mn)
7.4. North America Acerola Extract Market by Application, (2019-2028 USD Mn)
7.5. North America Acerola Extract Market by Country, (2019-2028 USD Mn)
7.5.1. U.S.
7.5.1.1. U.S. Acerola Extract Market by Nature, (2019-2028 USD Mn)
7.5.1.2. U.S. Acerola Extract Market by Form, (2019-2028 USD Mn)
7.5.1.3. U.S. Acerola Extract Market by Application, (2019-2028 USD Mn)
7.5.2. Canada
7.5.2.1. Canada Acerola Extract Market by Nature, (2019-2028 USD Mn)
7.5.2.2. Canada Acerola Extract Market by Form, (2019-2028 USD Mn)
7.5.2.3. Canada Acerola Extract Market by Application, (2019-2028 USD Mn)

 

8. Europe Acerola Extract Market Analysis and Forecast, 2019 – 2028 (USD Mn)


8.1. Overview
8.2. Europe Acerola Extract Market by Nature, (2019-2028 USD Mn)
8.3. Europe Acerola Extract Market by Form, (2019-2028 USD Mn)
8.4. Europe Acerola Extract Market by Application, (2019-2028 USD Mn)
8.5. Europe Acerola Extract Market by Country, (2019-2028 USD Mn)
8.5.1. Germany
8.5.1.1. Germany Acerola Extract Market by Nature, (2019-2028 USD Mn)
8.5.1.2. Germany Acerola Extract Market by Form, (2019-2028 USD Mn)
8.5.1.3. Germany Acerola Extract Market by Application, (2019-2028 USD Mn)
8.5.2. U.K.
8.5.2.1. U.K. Acerola Extract Market by Nature, (2019-2028 USD Mn)
8.5.2.2. U.K. Acerola Extract Market by Form, (2019-2028 USD Mn)
8.5.2.3. U.K. Acerola Extract Market by Application, (2019-2028 USD Mn)
8.5.3. France
8.5.3.1. France Acerola Extract Market by Nature, (2019-2028 USD Mn)
8.5.3.2. France Acerola Extract Market by Form, (2019-2028 USD Mn)
8.5.3.3. France Acerola Extract Market by Application, (2019-2028 USD Mn)
8.5.4. Italy
8.5.4.1. Italy Acerola Extract Market by Nature, (2019-2028 USD Mn)
8.5.4.2. Italy Acerola Extract Market by Form, (2019-2028 USD Mn)
8.5.4.3. Italy Acerola Extract Market by Application, (2019-2028 USD Mn)
8.5.5. Rest of Europe
8.5.5.1. Rest of Europe Acerola Extract Market by Nature, (2019-2028 USD Mn)
8.5.5.2. Rest of Europe Acerola Extract Market by Form, (2019-2028 USD Mn)
8.5.5.3. Rest of Europe Acerola Extract Market by Application, (2019-2028 USD Mn)

 

9. Asia Pacific Acerola Extract Market Analysis and Forecast, 2019 – 2028 (USD Mn)


9.1. Overview
9.2. Asia Pacific Acerola Extract Market by Nature, (2019-2028 USD Mn)
9.3. Asia Pacific Acerola Extract Market by Form, (2019-2028 USD Mn)
9.4. Asia Pacific Acerola Extract Market by Application, (2019-2028 USD Mn)
9.5. Asia Pacific Acerola Extract Market by Country, (2019-2028 USD Mn)
9.5.1. China
9.5.1.1. China Acerola Extract Market by Nature, (2019-2028 USD Mn)
9.5.1.2. China Acerola Extract Market by Form, (2019-2028 USD Mn)
9.5.1.3. China Acerola Extract Market by Application, (2019-2028 USD Mn)
9.5.2. Japan
9.5.2.1. Japan Acerola Extract Market by Nature, (2019-2028 USD Mn)
9.5.2.2. Japan Acerola Extract Market by Form, (2019-2028 USD Mn)
9.5.2.3. Japan Acerola Extract Market by Application, (2019-2028 USD Mn)
9.5.3. India
9.5.3.1. India Acerola Extract Market by Nature, (2019-2028 USD Mn)
9.5.3.2. India Acerola Extract Market by Form, (2019-2028 USD Mn)
9.5.3.3. India Acerola Extract Market by Application, (2019-2028 USD Mn)
9.5.4. Rest of Asia Pacific
9.5.4.1. Rest of Asia Pacific Acerola Extract Market by Nature, (2019-2028 USD Mn)
9.5.4.2. Rest of Asia Pacific Acerola Extract Market by Form, (2019-2028 USD Mn)
9.5.4.3. Rest of Asia Pacific Acerola Extract Market by Application, (2019-2028 USD Mn)

 

10. Latin America (LATAM) Acerola Extract Market Analysis and Forecast, 2019 – 2028 (USD Mn)


10.1. Overview
10.2. Latin America Acerola Extract Market by Nature, (2019-2028 USD Mn)
10.3. Latin America Acerola Extract Market by Form, (2019-2028 USD Mn)
10.4. Latin America Acerola Extract Market by Application, (2019-2028 USD Mn)
10.5. Latin America Acerola Extract Market by Country, (2019-2028 USD Mn)
10.5.1. Brazil
10.5.1.1. Brazil Acerola Extract Market by Nature, (2019-2028 USD Mn)
10.5.1.2. Brazil Acerola Extract Market by Form, (2019-2028 USD Mn)
10.5.1.3. Brazil Acerola Extract Market by Application, (2019-2028 USD Mn)
10.5.2. Mexico
10.5.2.1. Mexico Acerola Extract Market by Nature, (2019-2028 USD Mn)
10.5.2.2. Mexico Acerola Extract Market by Form, (2019-2028 USD Mn)
10.5.2.3. Mexico Acerola Extract Market by Application, (2019-2028 USD Mn)
10.5.3. Rest of Latin America
10.5.3.1. Rest of Latin America Acerola Extract Market by Nature, (2019-2028 USD Mn)
10.5.3.2. Rest of Latin America Acerola Extract Market by Form, (2019-2028 USD Mn)
10.5.3.3. Rest of Latin America Acerola Extract Market by Application, (2019-2028 USD Mn)

 

11. Middle East and Africa Acerola Extract Market Analysis and Forecast, 2019 – 2028 (USD Mn)


11.1. Overview
11.2. MEA Acerola Extract Market by Nature, (2019-2028 USD Mn)
11.3. MEA Acerola Extract Market by Form, (2019-2028 USD Mn)
11.4. MEA Acerola Extract Market by Application, (2019-2028 USD Mn)
11.5. Middle East and Africa Acerola Extract Market, by Country, (2019-2028 USD Mn)
11.5.1. GCC
11.5.1.1. GCC Acerola Extract Market by Nature, (2019-2028 USD Mn)
11.5.1.2. GCC Acerola Extract Market by Form, (2019-2028 USD Mn)
11.5.1.3. GCC Acerola Extract Market by Application, (2019-2028 USD Mn)
11.5.2. South Africa
11.5.2.1. South Africa Acerola Extract Market by Nature, (2019-2028 USD Mn)
11.5.2.2. South Africa Acerola Extract Market by Form, (2019-2028 USD Mn)
11.5.2.3. South Africa Acerola Extract Market by Application, (2019-2028 USD Mn)
11.5.3. Rest of MEA
11.5.3.1. Rest of MEA Acerola Extract Market by Nature, (2019-2028 USD Mn)
11.5.3.2. Rest of MEA Acerola Extract Market by Form, (2019-2028 USD Mn)
11.5.3.3. Rest of MEA Acerola Extract Market by Application, (2019-2028 USD Mn)

 

12. Company Profiles


12.1. DSM N.V.
12.1.1. Business Description
12.1.2. Financial Health and Budget Allocation
12.1.3. Product Positions/Portfolio
12.1.4. Recent Development
12.1.5. SWOT Analysis
12.2. Kemin Industries, Inc.
12.2.1. Business Description
12.2.2. Financial Health and Budget Allocation
12.2.3. Product Positions/Portfolio
12.2.4. Recent Development
12.2.5. SWOT Analysis
12.3. Dohler GmbH
12.3.1. Business Description
12.3.2. Financial Health and Budget Allocation
12.3.3. Product Positions/Portfolio
12.3.4. Recent Development
12.3.5. SWOT Analysis
12.4. The Green Labs LLC
12.4.1. Business Description
12.4.2. Financial Health and Budget Allocation
12.4.3. Product Positions/Portfolio
12.4.4. Recent Development
12.4.5. SWOT Analysis
12.5. Diana Food S.A.S.
12.5.1. Business Description
12.5.2. Financial Health and Budget Allocation
12.5.3. Product Positions/Portfolio
12.5.4. Recent Development
12.5.5. SWOT Analysis
12.6. Naturex S.A.
12.6.1. Business Description
12.6.2. Financial Health and Budget Allocation
12.6.3. Product Positions/Portfolio
12.6.4. Recent Development
12.6.5. SWOT Analysis
12.7. NutriBotanica
12.7.1. Business Description
12.7.2. Financial Health and Budget Allocation
12.7.3. Product Positions/Portfolio
12.7.4. Recent Development
12.7.5. SWOT Analysis
12.8. Handary SA
12.8.1. Business Description
12.8.2. Financial Health and Budget Allocation
12.8.3. Product Positions/Portfolio
12.8.4. Recent Development
12.8.5. SWOT Analysis
12.9. Foodchem International Corporation
12.9.1. Business Description
12.9.2. Financial Health and Budget Allocation
12.9.3. Product Positions/Portfolio
12.9.4. Recent Development
12.9.5. SWOT Analysis
12.10. Nichirei do Brasil Agrícola Ltda.
12.10.1. Business Description
12.10.2. Financial Health and Budget Allocation
12.10.3. Product Positions/Portfolio
12.10.4. Recent Development
12.10.5. SWOT Analysis
12.11. Nexira
12.11.1. Business Description
12.11.2. Financial Health and Budget Allocation
12.11.3. Product Positions/Portfolio
12.11.4. Recent Development
12.11.5. SWOT Analysis
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