Europe Acerola Extract Market, By Form (Dry/Powder, Liquid/Paste), Nature (Conventional, organic), Application (Dietary Supplements, Bakery Products, Beverages, Sports Nutrition, Convenience and Processed Products, Dairy Products, Confectionery Products, Meat and Poultry Products, Granola and Breakfast Cereals, Others), Distribution Channel (Direct and Indirect) – Industry Trends and Forecast to 2030.
Europe Acerola Extract Market Analysis and Size
In the last few years, the increasing demand for organic food ingredients among food manufacturers has created the potential for the acerola extracts market to grow. Acerola extract can now be found in several parts of Europe because of medical and commercial benefits. The acerola extract is primarily used to increase the quality of food products for various applications because of its nutritional value, which includes confectionery, snacks, food supplements, beverages, bakery preservation and meat preservation, sauces, condiments, as well as dairy products.
Data Bridge Market Research analyses that the acerola extract market is expected to reach USD 1,410.30 million by 2030, which was USD 790.75 million in 2022, registering a CAGR of 7.50% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Europe Acerola Extract Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Form (Dry/Powder, Liquid/Paste), Nature (Conventional, organic), Application (Dietary Supplements, Bakery Products, Beverages, Sports Nutrition, Convenience and Processed Products, Dairy Products, Confectionery Products, Meat and Poultry Products, Granola and Breakfast Cereals, Others), Distribution Channel (Direct and Indirect)
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Countries Covered
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Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe
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Market Players Covered
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DSM (Netherlands), Kemin Industries, Inc. (U.S), Dohler (Germany), Florida Food Products (U.S.), Naturex SA (France), Advanced Biotech (India), HANDARY S.A. (Belgium), Parchem fine & specialty chemicals (U.S.), Bösch Boden Spies (Germany), Optimally Organic (U.S.), KINGHERBS (China), Vita Forte Inc. (U.S.), The Green Labs LLC. (U.S.), DuPont (U.S.), Foodchem International Corporation (China), Duas Rodas Institucional (Brazil), Nexira (France), Vital Herbs (India)
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Market Opportunities
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Market Definition
Acerola is a powerful antioxidant because of its high content of vitamin C. It is instantly transformed into pulp and juice after harvest because it has a limited shelf life. A certain amount of it is also exported as frozen fruit to be turned into other goods. Since the extracts are known for their powerful biological and health-promoting properties, the demand for acerola as a functional food or nutraceutical has increased recently. The market is anticipated to develop due to the rising production of acerola-based beverages, baked goods, and meat preservers.
Europe Acerola Extract Market Dynamics
Drivers
- Increasing usage of acerola extract in the treatment of various diseases
Acerola extract is extensively used in treating various disorders because of its strong antioxidant activity. Also, acerola promotes the inactivation of free radicals, which are directly linked to the diseases such as cardiovascular ailments and cancer. According to the WHO, in 2019, CVDs claimed the lives of 17.9 Mn individuals, accounting for 32% of all deaths. Thus, the increasing prevalence of these diseases has augmented the demand for acerola extract extracts which is expected to drive market growth.
- Growing usage of acerola extract as a source of vitamin C
Acerola extract is extensively used as a rich source of vitamin C, mainly in dietary supplements. The demand for dietary supplements, especially vitamin C, is growing among people because it helps to improve and enhance the human immune system. This factor is another major factor that increases the demand for the acerola extract and is likely to propel the market's growth.
Opportunities
- The growing trend of clean-label products in the food and beverage industry
The clean label has emerged as the new norm in food and beverage products. The use of natural antioxidants in processed foods is growing in popularity as people look for organic products that contain fresh, nutritious, and well-balanced nutrients. As a natural antioxidant, acerola extract is becoming increasingly popular in the food and beverage industry. Manufacturers of acerola extract have several possible prospects due to the growing interest in clean-label products, which is steadily becoming a global mandate. Therefore, the increasing trend of clean-label products in the food and beverage industry will likely generate ample market growth opportunities.
- Rising awareness regarding the health advantages of acerola extract
A water-soluble vitamin called ascorbic acid is necessary for optimum health. Contrary to most plants and animals, humans cannot produce ascorbic acid. It is, therefore necessary for people to take it as a dietary supplement. In addition to being a strong source of ascorbic acid, acerola is one of the few fruits that contain considerable amounts of phenolics, anthocyanins, flavonoids, and carotenoids. Acerola is also a well-known supplement for combating vitamin C deficiency. Moreover, it treats various illnesses, such as diarrhea and the common cold.
Restraints/ Challenges
- Availability of acerola extract substitutes
Acerola is one of the most abundant natural sources of ascorbic acid and contains a variety of phytonutrients, including carotenoids, anthocyanins, phenolics, and flavonoids. Other naturally occurring substances rich in antioxidants besides acerola include rosemary and green tea extracts. Rosmarinus officinalis, a Mediterranean herb, is used to create rosemary extract. The phenolic compounds in rosemary are thought to be responsible for its antioxidant capabilities. Therefore, the availability of alternatives to acerola extract hampers market growth.
- Side effects associated with excessive usage of acerola extract
Adverse effects from the excessive usage of acerola-based vitamin C products will likely hamper the market's growth. Diarrhea, vomiting, abdominal cramps/pain, nausea, or heartburn may occur by the excessive consumption of acerola extract. This is expected to hurt the growth of the acerola extract market.
This acerola extract market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the acerola extract market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Europe Acerola Extract Market Scope
The acerola extract market is segmented on the basis of form, nature, application, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Form
- Dry/Powder
- Liquid/Paste
Nature
- Conventional
- Organic
Application
- Dietary Supplements
- Bakery Products
- Beverages
- Sports Nutrition
- Convenience and Processed Products
- Dairy Products
- Confectionery Products
- Meat and Poultry Products
- Granola and Breakfast Cereals
- Others
- James
- Jellies
- Dressing
- Snacks
Distribution Channel
- Direct
- Indirect
Acerola Extract Market Regional Analysis/Insights
The acerola extract market is analyzed and market size insights and trends are provided by country, source, function, compound, form, and application, as referenced above.
The countries covered in the acerola extract market report are Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe.
Germany dominates the acerola extract market because of the increasing consumption of acerola extracts in beverages and bakery products in this region. Furthermore, the companies are taking various initiatives to develop products with high content of vitamins in Europe, leading to their demand by the food and beverages manufacturers.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Acerola Extract Market Share Analysis
The acerola extract market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to acerola extract market.
Some of the major players operating in the acerola extract market are:
- DSM (Netherlands)
- Kemin Industries, Inc. (U.S)
- Dohler (Germany)
- Florida Food Products (U.S.)
- Naturex SA (France)
- Advanced Biotech (India)
- HANDARY S.A. (Belgium)
- Parchem fine & specialty chemicals (U.S.)
- Bösch Boden Spies (Germany)
- Optimally Organic (U.S.)
- KINGHERBS (China)
- Vita Forte Inc. (U.S.)
- The Green Labs LLC. (U.S.)
- DuPont (U.S.)
- Foodchem International Corporation (China)
- Duas Rodas Institucional (Brazil)
- Nexira (France)
- Vital Herbs (India)
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