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Acerola Extract Market By Form (Powder, Liquid), By Application (Food Supplements, Beverages, Confectionery, Snacks, Meat, Bakery, Others) – Growth, Future Prospects & Competitive Analysis, 2018 – 2026

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Industry Outlook

The global acerola extract market was worth $8,675.8 million in 2017 and is expected to grow at an 8.2% CAGR from 2018 to 2026.Acerola extract is derived from the acerola fruit, produced in Central America, South America, California, Florida, and Texas. It is rich in vitamin C and is widely used as a health supplement in a variety of applications, such as food supplements, beverages, confectionary products, snacks, bakery preservation, and meat preservation.Besides food applications, acerola is also used in the preparation of skin care products to fight cellular aging. Acerola extract is rich in vitamin C, an antioxidant that helps strengthen the immune system and build collagen cells. It is a powerful antioxidant that is used to cure coronary artery disease and other respiratory diseases.

Further, growing concerns among consumers regarding the side effects of synthetic vitamin supplements are influencing consumers to use natural products such as acerola extract products, which is expected to fuel the demand for acerola extract over the forecast period. However, excessive consumption of acerola extract can lead to gastrointestinal (GI) distress. The use of acerola extract for prolonged periods and massive dosages may predispose to the formation of renal calculi. Thus, the use of acerola extract is regulated by various stringent regulations that restrain its use in various food and pharmaceutical applications. During the forecast period, this is expected to reduce demand for acerola extract.China and India are the most attractive markets for acerola extract products, with high growth potential. India and China have not only become prominent acerola extract product consumers but also producers due to their domestic ability to supply acerola extract of international quality at affordable prices to the growing acerola extract industry.

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Powder form captured a major chunk of the market in 2017 and is expected to display a similar trend in the coming years

Based on different forms, the market was segmented into liquid and powdered forms. Powder form accounted for the majority of market value in 2017. The growing demand for health and vitamin supplements, especially functional foods, is driving the demand for acerola extract. However, the liquid form segment is expected to register high growth in the near future. Owing to advantages such as natural color, richness in vitamin C content, flavor, antioxidant property, and dough improvement, liquid formulations of acerola extract are anticipated to witness significant adoption among food and beverage manufacturers. Owing to growing consumption and rising demand for natural ingredients for the preservation of meat products, the demand for acerola extract in meat products is expected to gain adoption among manufacturers over the coming years.

The beverages segment is expected to witness the fastest growth during the forecast period

The beverages segment is anticipated to record the highest CAGR of 8.9% during the forecast period. Growing demand for ingredients with high ascorbic content, resulting in better fortification, is increasing the adoption of acerola extract in beverages. Furthermore, the meat and bakery segments are expected to witness significant growth during the forecast period. Factors such as high consumption of meat and bakery products along with demand for a longer shelf-life of the products among food and beverage manufacturers, especially in Asia Pacific, where the food and beverage industry is a major contributor to the overall economy, are fueling the overall acerola extracts market growth during the forecast period.

The major trends governing the global acerola extract market include the increasing use of acerola in several kinds of sports nutrition products, beverage blends, and antioxidant-rich superfruit and confectionery mixes. Another highly appealing application that has benefited from the high demand for multifunctional products and the growing consumer preference for convenience food products is the bakery application. Meat and confectionery applications fall into the medium-attractive category due to a limited range of new and innovative product offerings. This segment will expand due to increased meat consumption and high demand for products with a longer shelf life.

North America dominated the global acerola extract market in 2017 and is expected to display a similar trend over the next few years

Acerola is a native cherry-like fruit of Mexico and is thus largely found in parts of Central and South America. Acerola extract has long been used by food and beverage manufacturers primarily as an antioxidant, resulting in an increase in its use in other parts of the world, with a particular emphasis on the Indian subcontinent. In 2017, North America and Europe were the two largest regional markets for acerola extract. Companies in these regions are heavily investing in research and development to create blend formulations containing acerola extract in a variety of food and beverage products.

Asia Pacific, China, and India will serve as potential markets for acerola extract in the next five to six years. Growing consumption of beverages and meat products, especially in China and India, along with commercialization measures for acerola extract as an ingredient in various food and beverage products, fuel the acerola extract market’s growth. Also, rising demand for products with anti-aging properties, a better metabolism, and immune system, and cancer prevention and diabetes management among consumers in Asia Pacific, coupled with support for agricultural businesses with the cultivation of acerola crops, is fueling the acerola extract market growth in the region.

China and India are potential markets for acerola extract in the Asia Pacific over the next five to six years. Growing consumption of beverages and meat products, especially in China and India, along with commercialization measures for acerola extract as an ingredient in various food and beverage products, fuels the acerola extract market’s growth. Also, rising demand for products with anti-aging properties, better metabolism and immune system, cancer prevention, and diabetes management among consumers in the Asia Pacific, along with support for agricultural businesses with the cultivation of acerola crops, is fueling the acerola extract market growth in the region.

Product development is one of the key strategies of the companies operating in the acerola extract market

The global acerola extract market faces intense competition among the major players operating in this market. Market growth is attributed to frequent product development and innovation. Partnerships and joint ventures, as well as geographic expansion, are some of the key strategies adopted by the players in order to remain prominent and ensure long-term sustenance. Some of the major players who are operating in the global acerola extract market are Amway, Blue Macaw Flora, Diana Naturals, Duas Rodas Industrial, Herbal Bio Solutions, Nature’s Power Nutraceuticals Corp., Naturex, Nichirei Corporation, NutriBotanica, Optimally Organic Inc., and The Green Labs LLC, among others.

In 2017, Amway launched its Nutrilite Drink Mix products in India and China. The drink. The drink contains five different fruit concentrates, including acerola, guava, pineapple, cashew, passion fruit, and fruit. The drink has no preservatives, artificial flavors, or colors and is widely preferred among consumers.

Companies such as Herbal Bio Solutions are focusing on broadening their product portfolio of herbal extracts, essential oils, and Brazilian natural extracts.

Herbal Bio Solutions continues to maintain a strong client base among medical and cosmetic manufacturers. Apart from Asian countries, the company is increasing its penetration in Mexico, African countries, and Gulf countries.

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Periods of History and Forecast

2016 : Historic Year.

2017: Base Year

2018-2026: Forecast Period

Each market segment is analyzed in our study for the period of 2016 to 2026, with 2017 as the base year, while the period from 2018 to 2026 is considered for the CAGR calculation.

The report provides a detailed overview of the global acerola extract market by categorizing it into the following segments:

Form Segment (2016-2026; Kilo Tons; US Dollar Millions)

  • Liquid
  • Powder

By distribution channel segment (2016-2026; Kilo Tons; Millions of US Dollars)

  • Food Supplements
  • Beverages
  • Confectionery
  • Snacks
  • Meat
  • Bakery
  • Others (medical, personal care, etc.)

Geography Segment (2016-2026; Kilo Tons, US Dollar Millions)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

This research report describes leading continents and their major countries, along with profiles of key players operating in the overall market and their planned developments. Our report further defines the overall market dynamics, such as drivers, challenges, and opportunities prevalent in the market, to understand the global acerola extract market more explicitly. Our in-depth quantitative and qualitative analysis of each segment up to the country level highlights investment opportunities and revenue pockets in the market.

Key questions are answered in this report.

  • What are the current market trends in the acerola extract market and the most valuable opportunities for the players?
  • Which is the most lucrative region for investment?
  • What are the market size and trends in emerging markets?
  • Which are the different forms of acerola extract and their market sizes?
  • What are the major applications of acerola extract and their market sizes?
  • Which are the leading players and their market positions?

Chapter 1 Preface 12
1.1 Report Scope and Description 12
1.1.1 Study Purpose 12
1.1.2 Target Audience 12
1.1.3 USP and Key Offerings 12
1.2 Research Scope 13
1.3 Research Methodology 14
1.3.1 Phase I – Secondary Research 14
1.3.2 Phase II – Primary Research 15
1.3.3 Phase III – Expert Panel Review 15
1.3.4 Approach Adopted 15
1.3.4.1 Top-Down Approach 15
1.3.4.2 Bottom-Up Approach 16
1.3.5 Assumptions 17
1.4 Market Segmentation 17

Chapter 2 Executive Summary 18
2.1 Market Snapshot: Global Acerola Extract Market 18
2.1.1 Global Acerola Extract Market, by Form, 2017 (Kilo Tons) (US$ Mn) 20
2.1.2 Global Acerola Extract Market, by Application, 2017 (Kilo Tons) (US$ Mn) 21
2.1.3 Global Acerola Extract Market, by Geography, 2017 (Kilo Tons) (US$ Mn) 22

Chapter 3 Market Dynamics 23
3.1 Introduction 23
3.2 Market Dynamics 24
3.2.1 Market Drivers 24
3.2.1.1 Growing Consumer Inclination Towards Natural Products 24
3.2.1.2 Increasing Array of Application is Driving the Market Growth 25
3.2.2 Market Restraints 26
3.2.2.1 High Prices is Restraining the Global Acerola Extract Market 26
3.2.2.2 Concerns Over Side Effects And Stringent Regulations is Restraining the Global Acerola Extract Market 27
3.2.3 Market Opportunities 28
3.2.3.1 Strong Demand From Emerging Economies is Generating Opportunity to the Market During the Forecast Period 28
3.3 Attractive Investment Proposition, by Geography, 2017 29
3.4 Market Positioning of Key Players, 2017 30

Chapter 4 Global Acerola Extract Market, by Form 31
4.1 Overview 31
4.1.1 Global Acerola Extract Market Value Share, by Form, 2017 & 2026 (Value, %) 32
4.1.1 Global Acerola Extract Market, by Form, 2016 – 2026 (Kilo Tons) (US$ Mn) 32
4.2 Powder 33
4.2.1.1 Global Acerola Extract Market, by Powder, 2016 – 2026 (Kilo Tons) (US$ Mn) 33
4.3 Liquid 34
4.3.1 Global Acerola Extract Market, by Liquid, 2016 – 2026 (Kilo Tons) (US$ Mn) 34

Chapter 5 Global Acerola Extract Market, by Application 36
5.1 Overview 36
5.1.1 Global Acerola Extract Market Value Share, by Application, 2017 & 2026 (Value, %) 37
5.1.2 Global Acerola Extract Market, by Application, 2016 – 2026 (Kilo Tons) (US$ Mn) 37
5.2 Food Supplements 38
5.2.1 Global Acerola Extract Market, by Food Supplements, 2016 – 2026 (Kilo Tons) (US$ Mn) 38
5.3 Beverages 39
5.3.1 Global Acerola Extract Market, by Beverages, 2016 – 2026 (Kilo Tons) (US$ Mn) 40
5.4 Confectionery 40
5.4.1 Global Acerola Extract Market, by Confectionery, 2016 – 2026 (Kilo Tons) (US$ Mn) 41
5.5 Snacks 41
5.5.1 Global Acerola Extract Market, by Snacks, 2016 – 2026 (Kilo Tons) (US$ Mn) 42
5.6 Meat 42
5.6.1 Global Acerola Extract Market, by Meat, 2016 – 2026 (Kilo Tons) (US$ Mn) 43
5.7 Bakery 43
5.7.1 Global Acerola Extract Market, by Bakery, 2016 – 2026 (Kilo Tons) (US$ Mn) 44
5.8 Others (medical, personal care, etc.) 44
5.8.1 Global Acerola Extract Market, by Others, 2016 – 2026 (Kilo Tons) (US$ Mn) 45

Chapter 6 Global Acerola Extract Market, by Geography 47
6.1 Overview 47
6.1.1 Global Acerola Extract Market Value Share, by Geography, 2017 & 2026 (Value %) 48
6.1.2 Global Acerola Extract Market, by Geography 2016 – 2026 (Kilo Tons) (US$ Mn) 48
6.2 North America 49
6.2.1 North America Acerola Extract Market, by Form, 2016 – 2026 (Kilo Tons) (US$ Mn) 50
6.2.2 North America Acerola Extract Market, by Application, 2016 – 2026 (Kilo Tons) (US$ Mn) 51
6.2.1 North America Acerola Extract Market, by Country, 2016-2026, (Kilo Tons) (US$ Mn) 52
6.3 Europe 53
6.3.1 Europe Acerola Extract Market, by Form, 2016 – 2026 (Kilo Tons) (US$ Mn) 53
6.3.2 Europe Acerola Extract Market, by Application, 2016 – 2026 (Kilo Tons) (US$ Mn) 54
6.3.3 Europe Acerola Extract Market, by Country/Region, 2016-2026, (Kilo Tons) (US$ Mn) 56
6.4 Asia Pacific 56
6.4.1 Asia Pacific Acerola Extract Market, by Form, 2016 – 2026 (Kilo Tons) (US$ Mn) 57
6.4.2 Asia Pacific Acerola Extract Market, by Application, 2016 – 2026 (Kilo Tons) (US$ Mn) 58
6.4.3 Asia Pacific Acerola Extract Market, by Country/Region, 2016-2026, (Kilo Tons) (US$ Mn) 60
6.5 Latin America 60
6.5.1 Latin America Acerola Extract Market, by Form, 2016 – 2026 (Kilo Tons) (US$ Mn) 61
6.5.2 Latin America Acerola Extract Market, by Application, 2016 – 2026 (Kilo Tons) (US$ Mn) 62
6.5.3 Latin America Acerola Extract Market, by Country/Region, 2016-2026, (Kilo Tons) (US$ Mn) 64
6.6 Middle East & Africa 64
6.6.1 Middle East & Africa Acerola Extract Market, by Form, 2016 – 2026 (Kilo Tons) (US$ Mn) 65
6.6.2 Middle East & Africa Acerola Extract Market, by Application, 2016 – 2026 (Kilo Tons) (US$ Mn) 66
6.6.3 Middle East & Africa Acerola Extract Market, by Region, 2016-2026, (Kilo Tons) (US$ Mn) 68

Chapter 7 Company Profiles 69
7.1 Amway 69
7.2 Blue Macaw Flora 71
7.3 Diana Naturals 72
7.4 Duas Rodas Industrial 73
7.5 Herbal Bio Solutions 74
7.6 Nature’s Power Nutraceuticals 75
7.7 Naturex 76
7.8 Nichirei Corporation 77
7.9 NutriBotanica 78
7.10 Optimally Organic Inc. 79
7.11 The Green Labs LLC 80

List of Figures

FIG. 1 Global Acerola Extract Market: Research Methodology 15
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach 17
FIG. 3 Global Acerola Extract Market Segmentation 18
FIG. 4 Global Acerola Extract Market, by Form, 2017 (Kilo Tons) (US$ Mn) 21
FIG. 5 Global Acerola Extract Market, by Application, 2017 (Kilo Tons) (US$ Mn) 22
FIG. 6 Global Acerola Extract Market, by Geography, 2017 (Kilo Tons) (US$ Mn) 23
FIG. 7 Attractive Investment Proposition, by Geography, 2017 30
FIG. 8 Global Market Positioning of Key Acerola Extract Manufacturers, 2017 31
FIG. 9 Global Acerola Extract Market Value Share, by Form, 2017 & 2026 (Value, %) 33
FIG. 10 Global Acerola Extract Market, by Powder, 2016 – 2026 (Kilo Tons) (US$ Mn) 34
FIG. 11 Global Acerola Extract Market, by Liquid, 2016 – 2026 (Kilo Tons) (US$ Mn) 35
FIG. 12 Global Acerola Extract Market Value Share, by Application, 2017 & 2026 (Value, %) 38
FIG. 13 Global Acerola Extract Market, by Food Supplements, 2016 – 2026 (Kilo Tons) (US$ Mn) 39
FIG. 14 Global Acerola Extract Market, by Beverages, 2016 – 2026 (Kilo Tons) (US$ Mn) 41
FIG. 15 Global Acerola Extract Market, by Confectionery, 2016 – 2026 (Kilo Tons) (US$ Mn) 42
FIG. 16 Global Acerola Extract Market, by Snacks, 2016 – 2026 (Kilo Tons) (US$ Mn) 43
FIG. 17 Global Acerola Extract Market, by Meat, 2016 – 2026 (Kilo Tons) (US$ Mn) 44
FIG. 18 Global Acerola Extract Market, by Bakery, 2016 – 2026 (Kilo Tons) (US$ Mn) 45
FIG. 19 Global Acerola Extract Market, by Others, 2016 – 2026 (Kilo Tons) (US$ Mn) 46
FIG. 20 Global Acerola Extract Market Value Share, by Geography, 2017 & 2026 (Value %) 49

List of Tables

TABLE 1 Market Snapshot: Global Acerola Extract Market Volume 18
TABLE 2 Market Snapshot: Global Acerola Extract Market Value 20
TABLE 3 Global Acerola Extract Market, by Form, 2016 – 2026 (Kilo Tons) 32
TABLE 4 Global Acerola Extract Market, by Form, 2016 – 2026 (US$ Mn) 33
TABLE 5 Global Acerola Extract Market, by Application, 2016 – 2026 (Kilo Tons) 37
TABLE 6 Global Acerola Extract Market, by Application, 2016 – 2026 (US$ Mn) 38
TABLE 7 Global Acerola Extract Market, by Geography 2016 – 2026 (Kilo Tons) 48
TABLE 8 Global Acerola Extract Market, by Geography 2016 – 2026 (US$ Mn) 49
TABLE 9 North America Acerola Extract Market, by Form, 2016 – 2026 (Kilo Tons) 50
TABLE 10 North America Acerola Extract Market, by Form, 2016 – 2026 (US$ Mn) 50
TABLE 11 North America Acerola Extract Market, by Application, 2016 – 2026 (Kilo Tons) 51
TABLE 12 North America Acerola Extract Market, by Application, 2016 – 2026 (US$ Mn) 51
TABLE 13 North America Acerola Extract Market, by Country 2016 – 2026 (Kilo Tons) 52
TABLE 1 North America Acerola Extract Market, by Country 2016 – 2026 (US$ Mn) 52
TABLE 2 Europe Acerola Extract Market, by Form, 2016 – 2026 (Kilo Tons) 53
TABLE 3 Europe Acerola Extract Market, by Form, 2016 – 2026 (US$ Mn) 54
TABLE 4 Europe Acerola Extract Market, by Application, 2016 – 2026 (Kilo Tons) 54
TABLE 5 Europe Acerola Extract Market, by Application, 2016 – 2026 (US$ Mn) 55
TABLE 6 Europe Acerola Extract Market, by Country/Region 2016 – 2026 (Kilo Tons) 56
TABLE 7 Europe Acerola Extract Market, by Country/Region 2016 – 2026 (US$ Mn) 56
TABLE 8 Asia Pacific Acerola Extract Market, by Form, 2016 – 2026 (Kilo Tons) 57
TABLE 9 Asia Pacific Acerola Extract Market, by Form, 2016 – 2026 (US$ Mn) 57
TABLE 10 Asia Pacific Acerola Extract Market, by Application, 2016 – 2026 (Kilo Tons) 58
TABLE 11 Asia Pacific Acerola Extract Market, by Application, 2016 – 2026 (US$ Mn) 58
TABLE 12 Asia Pacific Acerola Extract Market, by Country/Region 2016 – 2026 (Kilo Tons) 60
TABLE 13 Asia Pacific Acerola Extract Market, by Country/Region 2016 – 2026 (US$ Mn) 60
TABLE 14 Latin America Acerola Extract Market, by Form, 2016 – 2026 (Kilo Tons) 61
TABLE 15 Latin America Acerola Extract Market, by Form, 2016 – 2026 (US$ Mn) 61
TABLE 16 Latin America Acerola Extract Market, by Application, 2016 – 2026 (Kilo Tons) 62
TABLE 17 Latin America Acerola Extract Market, by Application, 2016 – 2026 (US$ Mn) 62
TABLE 18 Latin America Acerola Extract Market, by Country/Region 2016 – 2026 (Kilo Tons) 64
TABLE 19 Latin America Acerola Extract Market, by Country/Region 2016 – 2026 (US$ Mn) 64
TABLE 20 Middle East & Africa Acerola Extract Market, by Form, 2016 – 2026 (Kilo Tons) 65
TABLE 21 Middle East & Africa Acerola Extract Market, by Form, 2016 – 2026 (US$ Mn) 65
TABLE 22 Middle East & Africa Acerola Extract Market, by Application, 2016 – 2026 (Kilo Tons) 66
TABLE 23 Middle East & Africa Acerola Extract Market, by Application, 2016 – 2026 (US$ Mn) 66
TABLE 24 Middle East & Africa Acerola Extract Market, by Region 2016 – 2026 (Kilo Tons) 68
TABLE 25 Middle East & Africa Acerola Extract Market, by Region 2016 – 2026 (US$ Mn) 68
TABLE 26 Amway : Company Snapshot (Business Description; Product/Business Portfolio; Financial Information; Business Overview and Recent Development) 69
TABLE 27 Blue Macaw Flora: Company Snapshot (Business Description; Product/Business Portfolio; Financial Information; Business Overview and Recent Development) 71
TABLE 28 Diana Naturals: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 72
TABLE 29 Duas Rodas Industrial: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 73
TABLE 30 Herbal Bio Solutions: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 74
TABLE 31 Nature’s Power Nutraceuticals: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 75
TABLE 32 Naturex: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 76
TABLE 33 Nichirei Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 77
TABLE 34 NutriBotanica: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 78
TABLE 35 Optimally Organic Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 79
TABLE 36 The Green Labs LLC: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 80

Frequently Asked Questions

What is the size of Acerola Extract Market?

The market for Acerola Extract Market is expected to reach US$ 8,675.8 Mn By 2026.

What is the Acerola Extract Market CAGR?

The Acerola Extract Market is expected to see significant CAGR growth over the coming years, at 8.2%.

What is the Forecast period considered for Acerola Extract Market?

The report is forecasted from 2018-2026.

What is the base year considered for Acerola Extract Market?

The base year of this report is 2017.

Who are the major players in this market?

Blue Macaw Flora, Diana Naturals, Duas Rodas Industrial, Herbal Bio Solutions, Nature’s Power Nutraceuticals Corp., Naturex, Nichirei Corporation, NutriBotanica, Optimally Organic Inc. are some of the major players in the global market.

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