Market Overview:
The Acerola Extract Market size is estimated to reach $36.7 Billion by 2030, growing at a CAGR of 8.1% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Acerola Extract Market – By Source Type (Conventional and Organic), By Form (Liquid and Powder), By Application (Food & Beverages, Dietary Supplements, Cosmetics & Personal Care and Pharmaceuticals and Others), By Distribution Channel (Online and Offline), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030
Consumers are increasingly focusing on preventive healthcare which has heightened the demand for natural supplements rich in vitamins and antioxidants. Acerola is known for its high vitamin C content which boosts immunity, supports skin health and reduces oxidative stress. This trend is particularly strong post-pandemic as immunity-boosting products gain prominence.
North America Dominated the Market in 2023:
North America dominated the acerola extract market with a market share of , driven by high consumer demand for natural and organic products, particularly in the dietary supplement and functional food sectors. The region's interest in immunity-boosting ingredients, along with the growing use of acerola extract in cosmetics for its anti-aging properties, contributed to its market leadership. The 2024 YouGov Survey revealed that 50% of Americans follow a consistent skincare routine, and women are more likely to do so than men. 20% of Americans even have a very strict skincare routine.
Acerola Extract Market: Key Takeaways
Meat Consumption
Acerola extract is gaining traction in the meat industry due to its multi-functional, label-friendly properties. As a natural source of vitamin C, acerola acts as a cure accelerator in cured meats, helping to reduce the curing time while maintaining product safety. Quality Meat Scotland (QMS) revealed that the Scottish sausage market grew by more than 14% in 2023. According to QMS, British households spent almost $1.2 billion on sausages in 2023 and Scottish households in particular reportedly spent $105 million. Additionally, acerola extract provides excellent color protection for fresh meats, preserving their visual appeal by preventing oxidation and discoloration. As per the 2024 FAO report, global animal protein production is expected to reach 371 million tons by 2024. The rise in meat consumption therefore drives the demand for acerola extract.
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Use in Cosmetics and Skincare:
Acerola extract is increasingly popular in the cosmetics industry due to its rich antioxidant properties and high vitamin C content, making it an effective ingredient for anti-aging and skin-brightening formulations. Its ability to combat oxidative stress and enhance collagen production helps improve skin texture and elasticity making it a valuable addition to serums, creams and masks. For instance, in March 2023, Symrise launched a new range of diana food bioactives, including acerola-derived vitamin C, targeting the Beauty from Within segment. The range focuses on skin conditioning, anti-aging, skin brightening as well as hair and nail care supporting the nutricosmetic market with natural ingredients for beauty-enhancing supplements. Additionally, the trend towards natural and organic beauty products has further fueled the demand for acerola extract as consumers seek safer alternatives to synthetic ingredients. This growing interest in clean beauty aligns with the broader movement towards sustainability and ethical sourcing in the cosmetic sector.
Scope of the Report:
Recent Developments:
- In March 2023, Symrise launched a new range of diana food bioactives for use in Beauty from within products. The range includes a full line of solutions for skin conditioning and anti-aging, skin brightening, as well as hair and nail care. It is composed of naturally sourced bioactives, such as collagen type I, vitamins C & A, and polyphenols from various fruits.
- In August 2022, Niagro Nichirei do Brasil Agricola Ltda (Head Office: Brazil; hereinafter “Niagro”) announced an investment of $7.3 million to introduce a new powder production line.
Acerola Extract Market: Competitive Landscape
Key companies profiled in the Acerola Extract Market are DSM Firmench, Kemin Industries Inc, Niagro Nichirei do Brasil Agrícola ltda, Symrise, Blue Macaw Flora, KINGHERBS, Nutra Green Biotechnology Co..Ltd, Nautrex S.A, Nexira, NutriBotanica and others.
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