Acerola Extract Market Size Recent Advancements

Rubecca
Rubecca 1/18/2022 1:06:46 PM

Acerola Extract Market Size– Recent Advancements, Product
Expansion, Competitors Analysis, and Size Forecast 2021-2024


Market Overview

Acerola is a small fruit resembling cherry. The fruit is
widely found in the tropical areas of the Western Hemisphere. Acerola has
medicinal properties which is why it’s always in high demand. This cherry-like
fruit is rich in vitamin A and C and other vitamins like niacin, riboflavin,
and thiamine. Acerola is largely used in preventing or curing scurvy, an
ailment caused by the lack of vitamin C in the body. It finds wide application
in thwarting heart diseases that block or harden the arteries. Additionally,
Acerola prevents cancer, blood clots, common cold, retinal hemorrhages,
pressure sores, gum infections, collagen disorders, tooth decay, hay fever, and
depression. Acerola is often used by athletes for improving immunity and vigor.
The fruit extracts are often used in frozen dairy, baked goods, jellies, jams,
snacks, confectioneries, dietary supplements, and beverages, among others. As
reported by Market Research Future (MRFR) global acerola
extract market size
can be estimated to generate USD 4 billion
(approximately) by 2024. The market can be expected to record a growth at 8.4%
CAGR over the forecast period 2019 to 2024. On account of the nutritional
health advantages bore by the fruit, acerola extract has been anticipated to
witness a sharp surge in various sectors. The gradual shift of consumer
preferences toward healthy beverages is substantially driving the surging
demand for acerola extract market. Moreover, the inclination towards natural
food ingredients among the food manufacturing businesses has paved way for the
expansion of acerola extracts market. Furthermore, acerola extract is being
widely accepted as a beneficial cure to skin ailments and therefore, it has a
bright future in the cosmetics and personal care industry, that is projected to
further accelerate the growth of the global acerola extract market.

Key Players

Global acerola extract market has been dominated by key
players such as The Green Labs LLC (US), DuPont (US), Vital Herbs (India),
Kemin Industries, Inc. (US), Vita Forte Inc. (US), Naturex (Givaudan) (France),
Xi'an Shunyi Bio-Chemical Technology Co., Ltd (China), Martin Bauer Group
(Germany), Herbal Creative (India), Foodchem International Corporation (China),
Niagro Nichirei Group Company (Brazil), Panacea Phytoextracts Pvt. Ltd.
(India), PLANTEX (France), Nutra Green Biotechnology Co.,Ltd. (China), and
NutriBotanica (Brazil).

Market Segmentation

The worldwide acerola extract market has been segmented
based on application, region, and category. Based on application, the global
acerola extract market has been segmented into dairy & frozen desserts,
dietary supplements, bakery & confectionery, sweet & savory snacks,
beverages, and others. Based on region, the global acerola extract market has
been segmented into Asia-Pacific, Europe, North America, and the rest of the
world. The global acerola extract market in Asia-Pacific has been segmented
into India, China, Australia & New Zealand, Japan, and the rest of
Asia-Pacific. The European acerola extract market has been segmented into
France, Germany, UK, Spain, and the rest of Europe. The North American acerola
extract market has been segmented into Canada, Mexico, and the US. The market
in the rest of the world has been segmented into the Middle East, Africa, and
South America. Based on category, the global acerola extract market has been
segmented into conventional and organic.

To get more info: https://www.marketresearchfuture.com/press-release/acerola-extract-market

Regional Analysis

















The worldwide Acerola extract market has been segmented into
Asia Pacific, Europe, North America, and rest of the world (RoW). North America
has been leading the market followed by Europe. The U.S. followed by Mexico are
the key contributors of acerola extract market in North America. Asia Pacific
has been anticipated to be one of the rapid growing regions over the forecast
period. China and India are the key contributors in this area owing to the
increasing health concerns and rise in healthy food habits. Latin America has
also been expected to observe considerable growth over the forecast period in
which Brazil is the key contributor.

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