The Asia Pacific Acerola Extract Market would witness market growth of 9.2% CAGR during the forecast period (2021-2027).
Due to rising demand in the food industry for bread production and meat-related applications, the acerola extract market is booming. The acerola cherry is a natural anti-oxidant solution for chemical anti-oxidants that are becoming obsolete. Moreover, the growing restrictions and consumer awareness are forcing the use of artificial anti-oxidants out of the market, opening up new growth avenues for all competitors in the global acerola extract market.
The fruit is also regarded as excellent in its native regions and is gaining popularity around the world, owing to its high Vitamin C content. In 100 grams of Acerola cherry, there is around 1700 mg of Vitamin C. The acerola extract market is increasing in new locations due to its high vitamin content.
In the regional market, the rise of the food processing industry in countries such as China, Japan, and India would have a positive impact on healthy food products. In addition, Indian businesses are concentrating their efforts on the deployment of imported machines that would aid in the production of more acerola extract in order to meet market demand.
Among the regional consumers, the increased knowledge of healthy dietary practices would enhance the demand for health-giving food products. In addition, some of the key trends of the regional market are awareness of the health benefits of acerola extract, demand for natural products, lower cost, and the expanding number of startups in the acerola extract market. Moreover, China and India are the two largest countries in the region, with significant meat and bread product consumption, respectively.
The China market dominated the Asia Pacific Acerola Extract Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,952.1 Thousands by 2027. The Japan market is exhibiting a CAGR of 8.5% during (2021 - 2027). Additionally, The India market would showcase a CAGR of 9.8% during (2021 - 2027).
Based on Form, the market is segmented into Dry and Liquid. Based on Nature, the market is segmented into Conventional and Organic. Based on Application, the market is segmented into Meat Products, Bakery & Confectioneries, Dairy & Frozen Desserts, Beverages, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Acerola Extract Market is Projected to reach USD 24.3 Million by 2027, at a CAGR of 7.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Döhler Gmbh, Koninklijke DSM N.V., Handary S.A., Kemin Industries, Inc., Foodchem International Corporation, Nexira, Inc., Amway Corporation, The Green Labs LLC, Givaudan S.A., and Symrise AG.
By Form
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