The North America Acerola Extract Market would witness market growth of 5.9% CAGR during the forecast period (2021-2027).
Nutritional foods are becoming increasingly popular around the world as a result of the massive surge in the number of obese people. Major fast-food companies are increasingly experimenting with organic ingredient-based products that are both low in calories and high in nutritional content. Acerola extract is rich in bioactive substances and has a variety of therapeutic properties, making it an attractive ingredient for nutritional supplement and food supplement manufacturers to employ in their products. In addition, acerola extract acts as a natural alternative for getting clean labeling in baked goods, can be used as natural dough conditioners and oxidizing agents in bakery items. Moreover, the increased concern among consumers about the health implications of synthetic colors is propelling the need for clean label products, which have gained massive traction.
A key trend of the regional market is the rising demand for nutritional supplements containing organic components in the United States. Due to the rising usage of acerola in food and eatery diets, countries like the United States and Mexico are witnessing high demand for the product. In addition, the increasing use of acerola extract has been pushed by changing and shifting lifestyles of people with poor immune systems. To meet the demands of manufacturers, companies are taking steps to incorporate organic extracts. In 2029, Duas Rodas, for example, developed dotNAT natural components, which include botanical extracts, dehydrated superfruits, and acerola, which is widely utilized in functional meals and supplements in the United States. Moreover, the US is witnessing high demand for nutritional supplements with natural ingredients. Hence, these factors are expected to open new growth avenues for the players operating in the regional Acerola Extract Market during the forecasting period.
The US market dominated the North America Acerola Extract Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $6,325.2 Thousands by 2027. The Canada market is estimated to grow at a CAGR of 8.3% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 7.3% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Acerola Extract Market is Estimated to reach $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.
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