About Acerola Extract
Acerola is a fruit and highly rich in vitamin C and, also contains thiamine, vitamin A, niacin and riboflavin. It is produced in various geographic locations includes Central America, South America, etc. Acerola extracts are widely used in health supplements in numerous applications including beverages, confectionery products, snacks, food supplements and others. Moreover, rising awareness about it's medicinal and other applications have spread its farming in several other parts of the world.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The competitive landscape of Acerola Extract is marked by the presence of various players operating in the market. These players are actively involved in research and development efforts to improve the quality, purity, and potency of Acerola Extract. Competition in the market is driven by factors such as product quality, pricing strategies, distribution channels, and customer relationships. Additionally, players focus on innovation and developing unique formulations to differentiate their offerings from competitors. The competitive landscape is dynamic, with companies striving to capture a larger market share and establish themselves as key players in the Acerola Extract market. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Acerola Extract market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Naturex (France), Duas Rodas (Brazil), Niagro (Brazil), Vita Forte Inc. (United States), Blue Macaw Flora (Brazil), Amazonia Exportacao E Representacao Ltda-EPP (Brazil), Optimally Organic Inc. (United States), Amway (Nutrilite) (United States), Symrise AG (Germany), Florida Food Product (United States) and Nichirei Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are iTi Tropicals (United States), Nature's Power Nutraceuticals (United States), Green Labs (United States) and NutriBotanica (Brazil).
Segmentation Overview
AMA Research has segmented the market of Global Acerola Extract market by , Application (Food Supplements, Beverages, Confectionery, Bakery and Snacks, Meat and Others (Medical, Personal Care and Other)) and Region.
On the basis of geography, the market of Acerola Extract has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online Store will boost the Acerola Extract market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form Type, the sub-segment i.e. Powder will boost the Acerola Extract market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Use of Acerola Extract in Cosmetic Products and Rising Use of Acerola in Several Kinds of Sports Nutrition Products
Market Growth Drivers:
Increasing Demand for Natural Ingredients Globally, Acerola Extract Gaining Traction in Various Developed Nations due to Growing Demand for Poultry and Growth in Demand for Healthy Food Around the World.
Challenges:
Premium Price of Acerola Extract
Restraints:
High Prices of Acerola Extract and Concerns Over Side Effects And Stringent Regulations for Global Acerola Extracts
Opportunities:
Increasing Demand in Emerging Nations such as India, China, Brazil and Others
Market Leaders and their expansionary development strategies
In February 2019, Duas Rodas Institucional received the Innovation Award, recognising the company for developing the most unique functional element in the Food Ingredients industry. The company produces a variety of ingredients used in the food and beverage industries. The company's market standing has improved as a result of receiving this award for innovation.
In October 2021, MegaFood®, a renowned brand specializing in vitamins and supplements, released three fresh additions to their range of multivitamins: a Multivitamin for Daily Energy†, a Multivitamin for Daily Immune Support†, and a Multivitamin for Daily Stress Relief†. These new multivitamins offer a serving that contains 100% or more of the recommended daily value of 19 vital nutrients, along with specific ingredients that provide additional benefits to cater to the daily requirements and overall well-being of adults.†
Key Target Audience
Acerola Extract Producers, Distributors/Suppliers, End Users and Other
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.