Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Definition of Market/Industry:

Acerola is a fruit that is a rich source of Vitamin C and contains Vitamin A and is widely used as a medicinal purpose. Acerola extract is used in the treatment of disease associated with the lack of Vitamin C such as scurvy. Moreover, it is also beneficial for in the condition like heart disease, blockage of arteries, blood clots, and cancer. Sometimes, it is used to treat cold, tooth decay, gum infections, depression, and collagen disorders. Acerola extract is available in the form of acerola extract powder and acerola extract liquid.

The global Acerola Extract market is estimated to account for US$ 9,069.2 Mn in terms of value and 79.5 Thousand Tons in terms of volume by the end of 2018.

Drivers:

Increasing demand for acerola extract as a medicinal purpose in the treatment of diabetes, obesity and cardiac issues is a prime factor fueling the market growth of acerola extract. Moreover, high demand for Vitamin C due to its wide application in the manufacturing of drugs for skin-related disorders. According to the World Health Organization (WHO), Skin diseases are among the most common of all human health afflictions and affect almost 900 million people in the world at any time. Hence, this is expected to boost the market growth of acerola extract over the forecast period.

Growing application of acerola extract from the food and beverage industry in order to enhance the nutritional value of the food supplements, beverages, confectionery products, and snacks is another major factor fueling the market growth. Moreover, it is also used for bakery and meat preservation, which is also expected to propel the market growth of acerola extract.

Europe region dominated the global Acerola Extract market in 2018, accounting for nearly 30% share in terms of volume, followed by North America and APAC, respectively.

Figure 1: Global Acerola Extract Market Share, By Region, 2018

Acerola Extract  | Coherent Market Insights

Market Restraints

Lack of awareness regarding the health benefit of acerola extract among consumers of developing and under-developed region is projected to hamper the market growth of acerola extract.

The high cost of acerola based products compared to synthetic Vitamin C is another major factor expected to hinder the market growth of acerola extract.

Market Opportunities

Expanding food and beverage industry as acerola extract has wide applications in food and beverages is expected to offer immense growth opportunities over the forecast period. Moreover, growing usage of vitamin C in the preservation of frozen foods as Vitamin C has an excellent antioxidant property is further expected to boost the market growth over the forecast timeframe.

Rising application of acerola extracts from the cosmetic industry as it has a strong anti-oxidant property which claims to improve the texture of the skin, enhance the ability of the skin to retain the moisture, this is expected to offer immense growth opportunity to the market of Acerola extract.

Figure 2. Global Acerola Extract Market - Opportunity Analysis

Acerola Extract  | Coherent Market Insights

Statistics:

By Product Form, powder segment in the global acerola extract market was valued at 5,923.4 Mn market in 2018 and is forecast to reach a value of US$ 12,543.6 by 2027.

Market Trends/Key Takeaways

The rising trend of using acerola extract in beverages to provide Vitamin C content and nutrients is a major factor propelling market growth of acerola extract. For instance, the use of acerola can increase the vitamin C content of apple juice. Its tartness also makes it blend well with other juices.

Another major trend that has been observed in the market is increasing demand for sports nutritional drink where it is used to enhance the Vitamin C content and immunity level. This is also expected to fuel the market growth of acerola extract.

Figure 3. Global Acerola Extract Market Share, By Application, 2018

Acerola Extract  | Coherent Market Insights

Competitive Section:

  • Company Names 

Key players active in the market are Naturex, Nutrilite, Duas Rodas, Niagro, Diana Naturals, Florida Food Product, iTi Tropicals, Nature's Power Nutraceuticals Corp., The Green Labs LLC, and NutriBotanica.

  • Recent Developments
  1. Naturex

On 16 June 2016, Naturex, and EPC Natural Products Co., Ltd. jointly signed a patent license related to stabilizing anthocyanin compositions, extracted from berries such as blueberries, black current, etc.

  1. Nutrilite (Amway)

In October 2016, the company launched a collection of new Artistry Supreme LX under its luxury skincare brand Artistry in October 2016. Artistry Supreme LX contains organic extracts along with green acerola cherry extract.

Acerola is a fruit look like bright red cherry-like fruit, mostly found in Central America, California, Florida, Texas and South America. It is widely used as a natural health supplement and available in the liquid and powdered form. Moreover, it is also beneficial for in the condition like heart disease, blockage of arteries, blood clots, and cancer. Sometimes, it is used to treat cold, tooth decay, gum infections, depression, and collagen disorders.

Market Dynamics

Based on industry, acerola extract market is segregated into food supplements, beverages, confectionery products, snacks, bakery preservation, meat preservation, and others segments. Wherein, food supplements segment accounted for the largest market share in terms of the revenue in 2018, and contributed for 27.2% in the same year. The acerola extract is a very rich source of vitamin C which is an important ingredient in the supplement industry.

On the basis of region, Europe accounted for the largest revenue share in 2018 and contributed for the revenue share of 30.0% in 2018. The regional growth is driven by the growth supplement industry. The people are more inclining towards food supplements in the European countries including the U.K., France, Germany and Italy.

Key features of the study:

  • This report provides in-depth analysis of Acerola Extract and provides market size (US$ Million and Kilo Tons) and cumulative annual growth rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global Acerola Extract market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Naturex, Nutrilite, Duas Rodas, Niagro, Diana Naturals, Florida Food Product, iTi Tropicals, Nature's Power Nutraceuticals Corp., The Green Labs LLC, and NutriBotanica
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology up gradation, market expansion, and marketing tactics
  • The global Acerola Extract market report caters to various stakeholders in this industry including investors, suppliers, Acerola Extract manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the acerola extract market

Detailed Segmentation:

  • Global Acerola Extract Market, By Product Form:
    • Powder
    • Liquid
  • Global Acerola Extract Market, By Application:
    • Food Supplements
    • Beverages
    • Confectionery Products
    • Snacks
    • Bakery Preservation
    • Meat Preservation
    • Others
  • Global Acerola Extract Market, By Geography:
    • North America
      • U.S.
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Canada
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
    • Latin America
      • Brazil
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Argentina
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Mexico
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Rest of Latin America
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
    • Europe
      • U.K.
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Germany
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Italy
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • France
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Russia
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Spain
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Poland
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Rest of Europe
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
    • Asia Pacific
      • China
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • India
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • ASEAN
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Japan
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Australia & New Zealand
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Rest of Asia Pacific
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
    • Middle East & Africa
      • GCC
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • North Africa
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • South Africa
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Rest of Middle East & Africa
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
  • Company Profiles
    • Naturex *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Nutrilite
    • Duas Rodas
    • Niagro
    • Diana Naturals
    • Florida Food Product
    • iTi Tropicals
    • Nature's Power Nutraceuticals Corp.
    • The Green Labs LLC
    • NutriBotanica

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Form
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Key Industry Trends
      • PEST Analysis
      • Merger & Acquisition Scenario
      • Key developments
  4. Global Acerola Extract Market, By Product Form, 2017 - 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Powder
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
    • Liquid
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
  5. Global Acerola Extract Market, By Application, 2017 - 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Food Supplements
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
    • Beverages
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
    • Confectionery Products
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
    • Snacks
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
    • Bakery Preservation
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
    • Meat Preservation
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
  6. Global Acerola Extract Market, By Region, 2017 - 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, For Region, 2019 - 2027
    • North America
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
    • Latin America
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
    • Europe
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • France
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • Poland
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
    • Asia Pacific
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • Australia & New Zealand
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
    • Middle East & Africa
      • Market Share Analysis, By Sub-region, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Sub-region, 2019 - 2027
        • GCC
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • North Africa
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
        • Rest of Middle East & Africa
          • Country Trends
          • Market Size and Forecast, By Product Form, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn)
  7. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis
    • Company Profiles
      • Naturex
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Nutrilite
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Duas Rodas
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Niagro
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Diana Naturals
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Florida Food Product
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • iTi Tropicals
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Nature's Power Nutraceuticals Corp.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • The Green Labs LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • NutriBotanica
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 30 market data tables and 20 figures on "Acerola Extract Market - Global forecast to 2027”.

Frequently Asked Questions

The global acerola extract market estimated to reach US$ 12,543.6Mn by 2027.
Major players operating in the acerola extract market include BNaturex, Nutrilite, Duas Rodas, Niagro, Diana Naturals, Florida Food Product, iTi Tropicals, Nature's Power Nutraceuticals Corp., The Green Labs LLC, and NutriBotanica.
Lack of awareness about health benefits of acerola extract among consumers of emerging and under-developed region, coupled with high cost of acerola-based products compared to synthetic Vitamin C, are the major factors that are expected to hamper growth of the market over the forecast period.
The increasing demand for acerola extract in the treatment of diabetes, obesity and cardiac issues and rising application of acerola extract by the food and beverage industry, in order to enhance the nutritional value of the food supplements, beverages, confectionery products, and snacks are the major factors that are expected to drive growth of the market over the forecast period.
The rising application of acerola extract in beverages to provide Vitamin C content and nutrients, and increasing demand for sports nutritional drink, where acerola extract is utilized are the major trends that has been observed in the market.
Among regions, Europe held a dominant position in the global acerola extract market in 2018, accounting for around 30% share in terms of volume, followed by North America and APAC, respectively.
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