Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Acerola is a small red cherry like fruit obtained from small plant or shrub, in the various parts of the world. In various part of the globe, it is known by various names such as Barbados Cherry, West Indian Cherry, Puerto Rican cherry, cereza and semeruco. Acerola contains several small seeds and filled with juice. Acerola is known to be one of the richest sources of Vitamin C. It also contains several other elements such as thiamine, riboflavin, niacin, calcium, iron, zinc, and other fatty acids. This acts as natural supplement for human body. It is believed to prevent human body from diarrhea and liver diseases. As the globalization is taking place people all over the world are getting to know health benefits of acerola, as a result demand for acerola is growing rapidly.
Globally, Acerola Extract market is witnessing the rapid growth; The key factor which is globally driving the market for acerola is with an increase in obessed population the demand for acerola has also been increased. Acerola is considered to be one of the most effective natural supplements to prevent diseases like diarrhea, common cold and hardening of arteries. Another factor which is positively influencing the demand for acerola market is increasing global awareness about health benefits offered by acerola extract.
COVID-19 has had a global impact on nearly every market, it has also impacted acerola extract market globally. During the course of pandemic, health awareness has been increased among people in the most of the part of the world, as a result use of natural health supplements has been increased. Thus, consumption of acerola has been also increased because of health benefits arising out of it. However, due to imposed lockdown in most of the part of the world has disrupted the supply chain network as a result there has been lack of availability of acerola extract in the market. It is expected that with introduction of vaccination, soon market will open and meet the requirement of acerola extract in the market.
The global acerola market is segmented based on category, application, sales channel and geography.
Based on category, acerola extract market is mainly consisting of organic and conventional. On a global level, conventional acerola is most preferred form because of its easy availability and affordability. Conventional acerola contains almost same nutrition quality as organic acerola. However, organic acerola market is also growing with a great pace as the people are moving towards consuming organic food.
The acerola extract market finds application into of bakery & confectionary, dairy & frozen desserts, beverages, savory snacks, dietary supplements, and others. Due to composition of vitamin C, carbohydrate, proteins, lipids, phosphorus and several nutritious benefits which are essential for human as a result it is widely used in dietary supplement. It has significant consumption in making bakery products as well.
On the basis of sales channel, acerola market is studied for offline sales channel and online sales channel. Globally, offline sales channel is more popular for distribution of acerola extract. With the help of offline sales channel, acerola is easily available in the market. Also, because of the growing demand of acerola, manufacturers and producer can make an easy supply through offline sales channel. However, with growth in e-commerce sector online there is a remarkable growth in online sales channel.
Geographically, this market is studied for the major countries of North America, Europe and Asia-Pacific and rest of the world. With raising health awareness and people adopting healthy lifestyle, demand for acerola has been increased. Acerola contains certain vitamins which are beneficial for body and widely used in making various products, as a result demand for acerola has been augmented. North America and Europe are the major market for acerola extract, with rise in domestic income and increasing health literacy, it is observed that demand for acerola extract has been increased in Asia-pacific years as well
Some of the major players operating in this market are The Green Labs. Naturex, Diana food, Vita Forte Inc., Optimally Organic, Blue Macawa Flora, Parchem Fine & Speciality Chemical, iTi Tropical, Nuturibotanica, Hawaii-Pharm, Dupont and Martin Bauer, among others.
September 2019: Roquette Foods announced the acquisition of a facility specialized in the extrusion of plant-based proteins. The acquisition was aimed towards the expansion of its range of premium textured plant-based ingredients for the global meat alternatives market.
July 2018: Nestlé USA announced the agreement of Sweet Earth, a plant-based foods manufacturer based in Moss Landing, California. The acquisition resulted in immediate entry of Nestle into the plant-based foods segment in the US.
The global acerola market is segmented based on category, application, sales channel and geography. Conventional and organic are the major categories of acerola. Besides, the acerola market finds application into of bakery & confectionary, dairy & frozen desserts, beverages, savory snacks, dietary supplements, and others. Based on sales channel; acerola market is studied for offline and online sales channel. Geographically, this market is studied for the major countries of North America, Europe, Asia-pacific and rest of the world. This report also focuses upon the global trends which support the Acerola extract market.
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