Growing 'Vegan' And 'Organic' Trends in The Food and Beverage Sector Are Augmenting the Acerola Extract Market
Acerola extract is in high demand in the food and beverage sector due to its use in confectionery for increase the shelf-life of the product owing to the presence of an antioxidant nutrient. Apart from that, it provides a tangy flavour that's utilized in the making of candies. Acerola is used in medicines because it contains a high concentration of ascorbic acid (vitamin C) and anthocyanins. Due to the presence of ascorbic acid and a variety of phytonutrients. For instance, Nexira, an ingredient company, announced the launch of an organic and natural acerola extract solution in February 2022. As acerola extract is widely used in several sectors, there is a huge demand for acerola products globally, which would subsequently increase market growth. Skin diseases, which affect almost 900 Mn people globally at any one moment, are among the most prevalent diseases that affect human health, according to the World Health Organization (WHO). Acerola extracts are widely used by cosmetic and beauty product manufacturers to make skin-related products such as skin whitening creams, anti-aging creams and sunscreen lotions, among others, due to the presence of a high amount of vitamin C and functional properties. Acerola extract is used in the manufacturing of natural and clean label beauty care products by skincare companies such as Elemis and Sheerin O'kho, to name a few.
Demand For 'Clean Labelled' Products Has Led to A Significant Increase in The Market for Acerola Extract
According to the Niagro Nichirei do Brasil Agricola Ltda, an increasing consumer awareness of food safety and security led to a 116% increase in the number of new products using clean labels that were introduced in 2021 compared to 2017. This trend is projected to continue in the future. Consumer interest in health, environment, animal welfare and sustainability are driving the organic meat market. Organic Acerola Extract is use all over the world to substitute synthetic ascorbic acid and erythorbate sodium, since it helps minimize oxidation and retain organoleptic properties while extending the shelf-life of organic meat. Additionally, acerola extract is often utilized in processed foods as a natural antioxidant. Also, there is a current trend towards greater sustainability in food packaging through naturalness and the clean label tag. As a result, in order to match consumer demands, food manufacturers are switching natural ingredients for synthetic additives. Due to the increased demand for clean label ingredients, manufacturers of food and beverage goods are using natural fruit extract, pushing the acerola ingredient manufacturer to introduce organic acerola extract to the market.
Recent Trends in the Acerola Extract Industry:
- Rising demand for natural antioxidants in skincare formulations.
- Surge in consumer preference for clean label and organic acerola extracts.
- Market focus on sustainable sourcing and fair trade practices for acerola.
- Integration of acerola extract in sports nutrition and energy products.
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Growing Popularity of Acerola Extract in Various Industries Is Propelling Market Growth
The market's participants have been concentrating on developing innovative acerola extract products to meet the rising demand. For example, Duas Rodas, a major manufacturer of aroma ingredients and solutions for the food and beverage sectors, provides Fruction Botanicals, which contains streamlined acerola with natural vitamin C, with an enhanced density of antioxidant properties. Acerola extract is utilized in a variety of sectors, including bakery and confectionery, beverages, dairy and frozen desserts, sweet and savoury snacks and others. One of these industries is the dairy and frozen desserts industry, where the usage of acerola extract helps extend shelf life and prevents oxidation. Acerola extract is also being promoted in the sweet and savoury industries.
Lack of Awareness Is Limiting the Growth of The Acerola Extract Market
The lack of consumer awareness regarding the health advantages of acerola extract in emerging and underdeveloped countries is projected to hamper the market's growth. Another major factor likely to hamper the growth of the acerola extract market is the high cost of acerola-based products compared to synthetic Vitamin C.
CAIF, an ingredient and flavour company, announced the launch of their innovative acerola concentrated component, which contains natural 32% Vitamin C, in Brazil in January 2022.
Nov. 01, 2022- Duas Rodas introduces an innovative product for the food supplement market at Supply Side West 2022. The new Vitamin-AceTM 40 product is a fruit extract with a standardised 40% natural vitamin C content.
In March 2021, Kalsec announced "DuraShield," a new Natural Food Protection product which includes rosemary and acerola extracts that help blend the newest antibacterial solution for food safety and extend the shelf life of food products.
CAIF, an ingredient and flavour company, announced the launch of their innovative acerola concentrated component, which contains natural 32% Vitamin C, in Brazil in January 2022.
Nov. 01, 2022- Duas Rodas introduces an innovative product for the food supplement market at Supply Side West 2022. The new Vitamin-AceTM 40 product is a fruit extract with a standardised 40% natural vitamin C content.
In March 2021, Kalsec announced "DuraShield," a new Natural Food Protection product which includes rosemary and acerola extracts that help blend the newest antibacterial solution for food safety and extend the shelf life of food products.
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South America Holds the Largest Share Owing to The Region's Rising Processed Meat Consumption
The South American acerola extract market is rapidly expanding due to reasons such as rising consumption of processed meat, poultry products, drinks and bakery items. According to the Brazilian Ministry of Agriculture, commercial acerola production accounts for more than 25% of total acerola extract production in the country. Its production is spread over all of its regions. Natural antioxidants are gaining traction in the South American food and beverage industry due to their health and well-being benefits. Natural dietary antioxidants are in high demand throughout the region. During the forecast period, such factors fueled demand for acerola extracts in the region.
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The report provides a detailed overview of the acerola extract market insights in regions including North America, Latin America, Europe, Asia-Pacific, Oceania, and the Middle East and Africa. The country-specific assessment for acerola extract market has been offered for all regional market share, along with forecasts, market scope estimates, price point assessment, and impact analysis of prominent countries and regions. Throughout this market research report, Y-o-Y growth and CAGR estimates are also incorporated for every country and region, to provide a detailed view of the acerola extract market. These Y-o-Y projections on regional and country-level markets brighten the political, economic and business environment outlook, which are anticipated to have a substantial impact on the growth of the acerola extract market. Some key country and region included in the acerola extract market report as follows:
| Regions | Countries |
|---|---|
| North America | United States, Canada |
| Latin America | Brazil, Mexico, Argentina, Colombia, Chile, Central America Countries, Caribbean Countries, Rest of Latin America |
| Europe | Germany, United Kingdom, France, Italy, Spain, Russia, Poland, Netherlands, Switzerland, Belgium, Sweden, Austria, Norway, Denmark, Czech Republic, Rest of Europe |
| Asia Pacific | China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Singapore, Malaysia, Philippines, Vietnam, Thailand, Bangladesh, Rest of Asia Pacific |
| Middle East and Africa | GCC Countries, South Africa, Nigeria, Egypt, Turkey, Morocco, Ethiopia, Algeria, Israel, Iran, Iraq, Kenya, Rest of MEA |
Acerola Extract Market Research Report Covers In-depth Analysis on:
- Acerola extract market detailed segments and segment-wise market breakdown
- Acerola extract market dynamics (Recent industry trends, drivers, restraints, growth potential, opportunities in acerola extract industry)
- Current, historical and forthcoming 10 years market valuation in terms of acerola extract market size (US$ Mn), volume (Tons), share (%), Y-o-Y growth rate, CAGR (%) analysis
- Acerola extract market demand analysis
- Acerola extract market pricing analysis over forecast period (by key segment and by region)
- Acerola extract market regional insights with region-wise market breakdown
- Competitive analysis – key companies profiling including their market share, product offerings, and competitive strategies.
- Latest developments and innovations in acerola extract market
- Regulatory landscape by key regions and key countries
- Supply chain and value chain analysis in acerola extract market
- Acerola extract market sales and distribution strategies
- A comprehensive overview of parent market
- A detailed viewpoint on acerola extract market forecast by countries
- Mergers and acquisitions in acerola extract market
- Essential information to enhance market position
- Robust research methodology
- Frequently Asked Questions -
What are the key drivers for the acerola extract market?
The rising demand for natural vitamin C and clean-label products are key drivers for the acerola extract market's growth.
How is the competitive landscape in the acerola extract market?
The market is highly competitive, with key players focusing on product innovation and expanding their organic product portfolios.
What trends are shaping the acerola extract market?
Increasing consumer preference for organic and natural ingredients, alongside the growing popularity of clean-label products, are key trends.
