Global Acerola Extract Market Research Report: Information by Category (Organic and Conventional), Application (Bakery & Confectionery, Dairy & Frozen Desserts, Beverages, Sweet & Savory Snacks, Dietary Supplements and others) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2024
ID: MRFR/F-B & N/3573-HCR | February 2021 | Region: Global | 110 pages
Market Scenario
The global Acerola Extract Market size is projected to reach approximately USD 4 billion by 2024 and is expected to register a CAGR 8.4% during the forecast period, 2019-2024. Acerola is a small tree which bears cherry-like fruit and is mainly referred to as acerola cherry. This fruit is native to tropical regions of the Western Hemisphere and is rich in vitamin C, and also contains vitamin A, thiamine, riboflavin, and niacin. The extracts of this fruit have a various application such as in baked goods, frozen dairy, jams, jellies, confectioneries, snacks, beverages, and dietary supplements, among others.
Owing to the nutritional health benefits of the fruit, acerola extract is witnessing a rapid growth of application in various industries. Consumer shift towards consumption of healthy beverages is primarily driving the increasing demand for acerola extract from the beverage industry. Also, the growing demand for natural food ingredients among the food manufacturers has opened doors for the growth of acerola extracts market. Moreover, the benefits of acerola extract on human skin are increasing its application in the personal care industry, which will further boost the growth of the market.
Segmentation
The global acerola extract market has been segmented based on category, application, and region.
On the basis of category, the global market has been classified as organic and conventional.
Based on application, the global market has been classified as bakery & confectionery, dairy & frozen desserts, beverages, sweet & savory snacks, dietary supplements, and others
The global market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.
The North American acerola extract market has further been segmented into the US, Canada, and Mexico. The European acerola extract market has been classified as Germany, France, Italy, Spain, UK, and the rest of Europe. The acerola extract market in Asia-Pacific has been divided into China, India, Japan, Australia & New Zealand, and the rest of Asia-Pacific. The market in the rest of the world has been segmented into South America, the Middle East, and Africa.
Key Players
DuPont (US), The Green Labs LLC (US), Kemin Industries, Inc. (US), Vital Herbs (India), Naturex (Givaudan) (France), Vita Forte Inc. (US), Martin Bauer Group (Germany), Xi'an Shunyi Bio-Chemical Technology Co., Ltd (China), Foodchem International Corporation (China), Herbal Creative (India), PLANTEX (France), Niagro Nichirei Group Company (Brazil), NutriBotanica (Brazil), Nutra Green Biotechnology Co.,Ltd. (China), Panacea Phytoextracts Pvt. Ltd. (India) are some of the key players in the global acerola extract market.
Regional Market Summary
Global Acerola Extract Market Share (%), by Region, 2018
Source: Secondary Sources and MRFR Analysis
Europe is expected to dominate the market for acerola extract during the forecast period owing to increased consumption of functional food & beverages in the region. Germany, France, and the UK are projected to be the significant contributors of acerola extract market in this region. North America is projected to hold a significant share in the global acerola extract market. Increased demand for dietary supplements with natural ingredients in the US is majorly driving the growth of the market in this region. However, Asia-Pacific is projected to register the highest CAGR during the forecast period. The rapid growth of food processing industry in countries such as China, Japan, and India is influencing the growth of acerola extract industry in Asia-Pacific.
Global Market, by Category
- Organic
- Conventional
Global Market, by Application
- Bakery & Confectionery
- Dairy & Frozen Desserts
- Beverages
- Sweet & Savory Snacks
- Dietary Supplements
- Others
Global Market, by Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia and New Zealand
- Rest of Asia-Pacific
- Rest of the World (RoW)
- South America
- Middle East
- Africa
Intended Audience
- Acerola extract manufacturers
- Beverage manufacturers
- Food manufacturers
- Personal care industry
- Dealers and distributors
- Raw material suppliers and distributors
- Traders, exporters, and importers
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.2 Manufacturers/Producers
4.1.3 Distributors/Retailers/Wholesalers/E-Commerce
4.1.4 End Users
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Buyers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitutes
4.2.5 Internal Rivalry
5 Market Dynamics of the Global Acerola Extract Market
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Challenges
6. Global Acerola Extract Market, by Category
6.1 Introduction
6.2 Organic
6.2.1 Market Estimates & Forecast, 2019–2024
6.2.2 Market Estimates & Forecast, by Region, 2019–2024
6.3 Conventional
6.3.1 Market Estimates & Forecast, 2019–2024
6.3.2 Market Estimates & Forecast, by Region, 2019–2024
7. Global Acerola Extract Market, by Application
7.1 Introduction
7.2 Bakery & Confectionery
7.2.1 Market Estimates & Forecast, 2019–2024
7.2.2 Market Estimates & Forecast, by Region, 2019–2024
7.3 Dairy & Frozen Desserts
7.3.1 Market Estimates & Forecast, 2019–2024
7.3.2 Market Estimates & Forecast, by Region, 2019–2024
7.4 Beverages
7.4.1 Market Estimates & Forecast, 2019–2024
7.4.2 Market Estimates & Forecast, by Region, 2019–2024
7.5 Sweet & Savory Snacks
7.5.1 Market Estimates & Forecast, 2019–2024
7.5.2 Market Estimates & Forecast, by Region, 2019–2024
7.6 Dietary Supplements
7.6.1 Market Estimates & Forecast, 2019–2024
7.6.2 Market Estimates & Forecast, by Region, 2019–2024
7.7 Others
7.7.1 Market Estimates & Forecast, 2019–2024
7.7.2 Market Estimates & Forecast, by Region, 2019–2024
8. Global Acerola Extract Market, by Region
8.1 Introduction
8.2 North America
8.2.1 Market Estimates & Forecast, 2019–2024
8.2.2 Market Estimates & Forecast, by Category, 2019–2024
8.2.3 Market Estimates & Forecast, by Application, 2019–2024
8.2.4 Market Estimates & Forecast, by Country, 2019–2024
8.2.5 US
8.2.5.1 Market Estimates & Forecast, 2019–2024
8.2.5.2 Market Estimates & Forecast, by Category, 2019–2024
8.2.5.3 Market Estimates & Forecast, by Application, 2019–2024
8.2.6 Canada
8.2.6.1 Market Estimates & Forecast, 2019–2024
8.2.6.2 Market Estimates & Forecast, by Category, 2019–2024
8.2.6.3 Market Estimates & Forecast, by Application, 2019–2024
8.2.7 Mexico
8.2.7.1 Market Estimates & Forecast, 2019–2024
8.2.7.2 Market Estimates & Forecast, by Category, 2019–2024
8.2.7.3 Market Estimates & Forecast, by Application, 2019–2024
8.3 Europe
8.3.1 Market Estimates & Forecast, 2019–2024
8.3.2 Market Estimates & Forecast, by Category, 2019–2024
8.3.3 Market Estimates & Forecast, by Application, 2019–2024
8.3.4 Market Estimates & Forecast, by Country, 2019–2024
8.3.5 Germany
8.3.5.1 Market Estimates & Forecast, 2019–2024
8.3.5.2 Market Estimates & Forecast, by Category, 2019–2024
8.3.5.3 Market Estimates & Forecast, by Application, 2019–2024
8.3.6 France
8.3.6.1 Market Estimates & Forecast, 2019–2024
8.3.6.2 Market Estimates & Forecast, by Category, 2019–2024
8.3.6.3 Market Estimates & Forecast, by Application, 2019–2024
8.3.7 Italy
8.3.7.1 Market Estimates & Forecast, 2019–2024
8.3.7.2 Market Estimates & Forecast, by Category, 2019–2024
8.3.7.3 Market Estimates & Forecast, by Application, 2019–2024
8.3.8 Spain
8.3.8.1 Market Estimates & Forecast, 2019–2024
8.3.8.2 Market Estimates & Forecast, by Category, 2019–2024
8.3.8.3 Market Estimates & Forecast, by Application, 2019–2024
8.3.9 UK
8.3.9.1 Market Estimates & Forecast, 2019–2024
8.3.9.2 Market Estimates & Forecast, by Category, 2019–2024
8.3.9.3 Market Estimates & Forecast, by Application, 2019–2024
8.3.10 Rest of Europe
8.3.10.1 Market Estimates & Forecast, 2019–2024
8.3.10.2 Market Estimates & Forecast, by Category, 2019–2024
8.3.10.3 Market Estimates & Forecast, by Application, 2019–2024
8.4 Asia-Pacific
8.4.1 Market Estimates & Forecast, 2019–2024
8.4.2 Market Estimates & Forecast, by Category, 2019–2024
8.4.3 Market Estimates & Forecast, by Application, 2019–2024
8.4.4 Market Estimates & Forecast, by Country, 2019–2024
8.4.5 China
8.4.5.1 Market Estimates & Forecast, 2019–2024
8.4.5.2 Market Estimates & Forecast, by Category, 2019–2024
8.4.5.3 Market Estimates & Forecast, by Application, 2019–2024
8.4.6 India
8.4.6.1 Market Estimates & Forecast, 2019–2024
8.4.6.2 Market Estimates & Forecast, by Category, 2019–2024
8.4.6.3 Market Estimates & Forecast, by Application, 2019–2024
8.4.7 Japan
8.4.7.1 Market Estimates & Forecast, 2019–2024
8.4.7.2 Market Estimates & Forecast, by Category, 2019–2024
8.4.7.3 Market Estimates & Forecast, by Application, 2019–2024
8.4.8 Australia & New Zealand
8.4.8.1 Market Estimates & Forecast, 2019–2024
8.4.8.2 Market Estimates & Forecast, by Category, 2019–2024
8.4.8.3 Market Estimates & Forecast, by Application, 2019–2024
8.4.9 Rest of Asia-Pacific
8.4.9.1 Market Estimates & Forecast, 2019–2024
8.4.9.2 Market Estimates & Forecast, by Category, 2019–2024
8.4.9.3 Market Estimates & Forecast, by Application, 2019–2024
8.5 Rest of the World (RoW)
8.5.1 Market Estimates & Forecast, 2019–2024
8.5.2 Market Estimates & Forecast, by Category, 2019–2024
8.5.3 Market Estimates & Forecast, by Application, 2019–2024
8.5.4 Market Estimates & Forecast, by Country, 2019–2024
8.5.5 South America
8.5.5.1 Market Estimates & Forecast, 2019–2024
8.5.5.2 Market Estimates & Forecast, by Category, 2019–2024
8.5.5.3 Market Estimates & Forecast, by Application, 2019–2024
8.5.6 The Middle East
8.5.6.1 Market Estimates & Forecast, 2019–2024
8.5.6.2 Market Estimates & Forecast, by Category, 2019–2024
8.5.6.3 Market Estimates & Forecast, by Application, 2019–2024
8.5.7 Africa
8.5.7.1 Market Estimates & Forecast, 2019–2024
8.5.7.2 Market Estimates & Forecast, by Category, 2019–2024
8.5.7.3 Market Estimates & Forecast, by Application, 2019–2024
9. Company Landscape
9.1 Introduction
9.2 Market Strategy
9.3 Key Development Analysis
(Expansions/ Mergers and Acquisitions/ Joint Ventures/ New Product Developments/ Agreements/ Investments
10. Company Profiles
10.1 DuPont
10.1.1 Company Overview
10.1.2 Financial Updates
10.1.3 Product/Business Segment Overview
10.1.4 Strategy
10.1.5 Key Developments
10.1.6 SWOT Analysis
10.2 The Green Labs LLC
10.2.1 Company Overview
10.2.2 Financial Updates
10.2.3 Product/Business Segment Overview
10.2.4 Strategy
10.2.5 Key Developments
10.2.6 SWOT Analysis
10.3 Kemin Industries, Inc.
10.3.1 Company Overview
10.3.2 Financial Updates
10.3.3 Product/Business Segment Overview
10.3.4 Strategy
10.3.5 Key Developments
10.3.6 SWOT Analysis
10.4 Vital Herbs
10.4.1 Company Overview
10.4.2 Financial Updates
10.4.3 Product/Business Segment Overview
10.4.4 Strategy
10.4.5 Key Developments
10.4.6 SWOT Analysis
10.5 Naturex (Givaudan)
10.5.1 Company Overview
10.5.2 Financial Updates
10.5.3 Product/Business Segment Overview
10.5.4 Strategy
10.5.5 Key Developments
10.5.6 SWOT Analysis
10.6 Vita Forte Inc.
10.6.1 Company Overview
10.6.2 Financial Updates
10.6.3 Product/Business Segment Overview
10.6.4 Strategy
10.6.5 Key Developments
10.6.6 SWOT Analysis
10.7 Martin Bauer Group
10.7.1 Company Overview
10.7.2 Financial Updates
10.7.3 Product/Business Segment Overview
10.7.4 Strategy
10.7.5 Key Developments
10.7.6 SWOT Analysis
10.8 Xi'an Shunyi Bio-Chemical Technology Co., Ltd
10.8.1 Company Overview
10.8.2 Financial Updates
10.8.3 Product/Business Segment Overview
10.8.4 Strategy
10.8.5 Key Developments
10.8.6 SWOT Analysis
10.9 Foodchem International Corporation
10.9.1 Company Overview
10.9.2 Financial Updates
10.9.3 Product/Business Segment Overview
10.9.4 Strategy
10.9.5 Key Developments
10.9.6 SWOT Analysis
10.10 Herbal Creative
10.10.1 Company Overview
10.10.2 Financial Updates
10.10.3 Product/Business Segment Overview
10.10.4 Strategy
10.10.5 Key Developments
10.10.6 SWOT Analysis
10.11 PLANTEX
10.11.1 Company Overview
10.11.2 Financial Updates
10.11.3 Product/Business Segment Overview
10.11.4 Strategy
10.11.5 Key Developments
10.11.6 SWOT Analysis
10.12 Niagro Nichirei Group Company
10.12.1 Company Overview
10.12.2 Financial Updates
10.12.3 Product/Business Segment Overview
10.12.4 Strategy
10.12.5 Key Developments
10.12.6 SWOT Analysis
10.13 NutriBotanica
10.13.1 Company Overview
10.13.2 Financial Updates
10.13.3 Product/Business Segment Overview
10.13.4 Strategy
10.13.5 Key Developments
10.13.6 SWOT Analysis
10.14 Nutra Green Biotechnology Co.,Ltd.
10.14.1 Company Overview
10.14.2 Financial Updates
10.14.3 Product/Business Segment Overview
10.14.4 Strategy
10.14.5 Key Developments
10.14.6 SWOT Analysis
10.15 Panacea Phytoextracts Pvt. Ltd.
10.15.1 Company Overview
10.15.2 Financial Updates
10.15.3 Product/Business Segment Overview
10.15.4 Strategy
10.15.5 Key Developments
10.15.6 SWOT Analysis
11. Conclusion
LIST OF TABLES
TABLE 1 Global Acerola Extract Market, by Region, 2019–2024 (USD Million)
TABLE 2 Global Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 3 Global Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 4 North America: Acerola Extract Market, by Country, 2019–2024 (USD Million)
TABLE 5 North America: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 6 North America: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 7 US: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 8 US: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 9 Canada: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 10 Canada: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 11 Mexico: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 12 Mexico: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 13 Europe: Acerola Extract Market, by Country, 2019–2024 (USD Million)
TABLE 14 Europe: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 15 Europe: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 16 Germany: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 17 Germany: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 18 France: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 19 France: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 20 Italy: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 21 Italy: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 22 Spain: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 23 Spain: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 24 UK: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 25 UK: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 26 Rest of Europe: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 27 Rest of Europe: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 28 Asia-Pacific: Acerola Extract Market, by Country, 2019–2024 (USD Million)
TABLE 29 Asia-Pacific: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 30 Asia-Pacific: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 31 China: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 32 China: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 33 India: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 34 India: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 35 Japan: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 36 Japan: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 37 Australia & New Zealand: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 38 Australia & New Zealand: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 39 Rest of Asia-Pacific: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 40 Rest of Asia-Pacific: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 41 Rest of the World (RoW): Acerola Extract Market, by Country, 2019–2024 (USD Million)
TABLE 42 Rest of the World (RoW): Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 43 Rest of the World (RoW): Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 44 South America: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 45 South America: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 46 Middle East: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 47 Middle East: Acerola Extract Market, by Application, 2019–2024 (USD Million)
TABLE 48 Africa: Acerola Extract Market, by Category, 2019–2024 (USD Million)
TABLE 49 Africa: Acerola Extract Market, by Application, 2019–2024 (USD Million)
LIST OF FIGURES
FIGURE 1 Global Acerola Extract Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Five Forces Analysis of Global Acerola Extract Market
FIGURE 4 Value Chain of Global Acerola Extract Market
FIGURE 5 Share of Global Acerola Extract Market in 2019, by Country (%)
FIGURE 6 Global Acerola Extract Market, by Region, 2019–2024,
FIGURE 7 Global Acerola Extract Market Size, by Category, 2019
FIGURE 8 Share of Global Acerola Extract Market, by Category, 2019–2024 (%)
FIGURE 9 Global Acerola Extract Market Size, by Application, 2019
FIGURE 10 Share of Global Acerola Extract Market, by Application, 2019–2024 (%)
