Health, animal welfare, the environment, and sustainability are the main consumer interests driving the organic meat sector. Because it helps to reduce oxidation and preserve organoleptic qualities while extending the shelf life of organic meat, organic acerola extract is utilized worldwide in place of synthetic ascorbic acid and erythorbate sodium. Moreover, processed foods frequently include acerola extract as a natural antioxidant. Vitamin C, a powerful antioxidant and necessary ingredient for human health, is abundant in acerola extract. Natural vitamin C supplements and functional foods with acerola extract are in greater demand as consumers become more health-conscious. Due to its antioxidant content, acerola extract is highly sought after by the food and beverage sector, where it is frequently utilized in confections to increase product shelf life. Moreover, it releases a sour flavor that is utilized to make candy.
According to SPER Market Research, 'Acerola Extract Market Size- By Form, By Application, By Nature, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2032' states that the Global Acerola extract market is estimated to reach USD 0.04 billion by 2032 with a CAGR of 7.82%.
In the food and beverage business, acerola extract is widely being used as a natural antioxidant. The food and beverage industry's acerola extract producers have a number of growth prospects due to the increasing trend toward clean-label products, which is gradually becoming required worldwide. Because consumers who care about their health want to know what components are used to make the food products they purchase, clean labeling of food goods—in which the product information is published on the packaging—assures them that the food is safe to eat.
In addition to consumer demand and supply chain linkages from farm to fork, regulatory frameworks also have an impact on the functional food sector and may limit its expansion. Business growth may be hampered in the current projection period by adverse consequences from overusing vitamin C goods containing acerola and high prices associated with acerola-based merchandise. The distribution networks that connect farms to forks, consumption trends, and regulatory frameworks are only a few of the numerous variables that impact multifunctional food business developments. The market for acerola extract is anticipated to develop as a result of this.
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Impact of COVID-19 on the Global Acerola Extract Market
A number of countries have seen the effects of the COVID-19 owing to corporate closures, travel restrictions, and detentions, which have affected economies and industries including the food and beverage industry. Sure enough, the availability of acerola has been affected by the distribution network breakdown. The quality, volume, and cost of delivery of acerola will all be impacted by the distribution network's delay. Acerola extract is in more demand due to the outbreak as more people are eating healthier foods. Consequently, the acerola extract market was significantly impacted by COVID.
Acerola Extract Market Key Players:
In the North American acerola extract market, the United States holds the largest market share. Some of the key players are - Advanced Biotech, Amway , Blue Macaw Flora, Bösch Boden Spies , Diana Group , Duas Rodas Institucional , DuPONT, Florida Food Products , Foodchem International Corporation, HANDARY S.A., iTi Tropicals, Kemin Industries, Inc.
Global Acerola Extract Market Segmentation:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecast for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.
By Form: Based on the Form, Global Acerola Extract Market is segmented as; Powder, Liquid.
By Application: Based on the Application, Global Acerola Extract Market is segmented as; Bakery Products, Beverages, Confectionery Products, Convenience & Processed Products, Cosmetics & Personal Care, Dairy Products, Dietary Supplements, Granola & Breakfast Cereals, Meat & Poultry Products, Pharmaceutical, Snacks, Sports Nutrition, Others.
By Nature: Based on the Nature, Global Acerola Extract Market is segmented as; Conventional, Organic.
By Distribution Channel: Based on the Distribution Channel, Global Acerola Extract Market is segmented as; Direct, Indirect.
By Region: Due to a number of factors, including rising consumption of processed meat, poultry products, beverages, and bakery goods, the acerola extract market in South America is expanding quickly. Natural antioxidants are also gaining popularity in the region's food and beverage industry due to their positive effects on health and wellbeing. In the region, demand for organic food antioxidants is rising.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
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Acerola Extract Market Key Trends
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