Global Apple Extract Market 2021 (Includes Business Impact of COVID-19)

  • TBI240170
  • September 16, 2021
  • Global
  • 149 pages
  • Market.US
                                              

Report updated on 11th September, 2021: Global Apple Extract Market 2021 (Includes Business Impact of COVID-19)

Global Apple Extract Market Trends, Applications, Global Analysis and Growth Prospects, and Forecast 2019 to 2028 is a recently generated report by Trusted Business Insights. The target market report has been bifurcated based on form, application, distribution channel, and region/ country. Request Covid - 19 Impact

Apple Extract: Product Overview

An apple contains alpha hydroxyl acids that contain antioxidants to protect skin, and allow skin to look healthier. Apple extract is a blend of polyphenols, phloridzin, and chlorogenic acid with red-brown light powder which is stable and entirely soluble in the water. It gives delicious apple flavor in pies, cakes, and other baked goods. The vitamin C in apple extract is the main ingredient that helps to reduce dark spots and improves skin tone.

Global Apple Extract Market: Driving and Limiting Forces

Rising adoption of apple extract in several applications such as functional beverages, dietary supplements, and functional foods in the form of juice, energy drink, and enhanced water across the globe is a key factor projected to drive growth of the global market. In addition, rising awareness about various health benefits associated with consumption of the products among individuals is resulting in increasing demand for apple extract and related products in developed as well as developing economies and is another factor projected to fuel growth of the target market in the next few years. Additionally, growing food & beverage expenditure, increasing adoption of apple extracts in cosmetics industry, and increasing demand for the apple extract by health-conscious population and people who do physical activities such as gym, sports, running and jogging, etc. are among some other factors expected to drive growth of the global apple extract market in the upcoming years. Increasing awareness about apple properties that can help to slow down growth of tumor and cancer cells and helps in preventing breast cancer, skin cancer, and colon cancer. In addition, apple extract can help in maintaining important human parameters such as blood pressure, cholesterol level, sugar levels/ diabetes, and protects from eye-related diseases and disorders as well. Furthermore, increasing penetration of online retail is one of the factors projected to drive growth global market. Purchasing from E-commerce has various benefits such as to check reviews, compare products and their costs, easy online transactions such as Internet banking and payment wallets, faster delivery services, easy returns and refunds process, among other benefits. However, stringent rules and regulations associated with apple extracts is among major factors that could hamper growth of the global apple extract market in the upcoming years. In addition, declining cultivation and production of apples across the world is another factor that could hamper market growth. For instance, according to a report published by USDA, in 2017“2018, the global production for apples declined by 2.7 Mn MT (metric tons) to 77.3 Mn MT. This decline was due to early changes in climatic conditions such as spring frosts in European Union, which severely affected the production capacity in the region. Over consumption of apple may result in high intake of cyanide, which is hazardous to health after a limit.

Segment Analysis:Apple Extract Market By Form:

Among the form segments, the powder segment is projected to register significant revenue growth in the next coming years, owing to increasing demand for apple powder as an ingredient in dietary supplements. By Application: Among the segments based on various application, the functional food segment is anticipated to witness significant revenue growth in the market. Increasing demand for apple extract-based food products, especially in developing economies is projected to drive growth of this segment. By Distribution Channel: Amid the distribution channel segments, the supermarkets & hypermarkets segment is anticipated to record higher sales of apple extracts and revenue contribution in the target market owing to a wide range of products available at one destination along with other products to shop for. This helps to make product visible along with other products and helps increase sales. In addition, certain individuals who visit supermarkets or hypermarkets for weekly grocery purchase also tend to buy new and healthy products if visible on the shelf.

Region Analysis: Apple Extract Market

Apple extract market in North America is projected to contribute significant share in terms of value in the target market. Increasing demand for apple extract among the health-conscious population is a factor projected to support revenue growth of the target market. Moreover, increasing number of hypermarkets, supermarkets, specialty stores, etc. is expected to trigger sales. The market in Asia Pacific (APAC) is anticipated to register substantial growth rate in the global market in the next few years. Technological advancements in extraction process from raw materials is a factor estimated to fuel growth of the apple extract market in Asia Pacific. In addition, increasing cultivation of apples and growing awareness regarding benefits associated with consumption of apple extracts in the region is projected to drive growth of the global apple extract market. rising penetration of smartphones and inclination towards purchasing of products via E-commerce platforms is another factor anticipated to drive APAC market growth. Europe apple extract market is anticipated to register substantial growth rate, which can be attributed to increasing utilization of apple extract in production of bakery products. Dietary supplement is gaining popularity in countries in the region by individuals who are involved in workouts or other activities, this combined with rising demand for flavored and healthier dietary supplements are factors anticipated to drive Europe market growth to a significant extent.

Below are the active patents related to Apple Extract Market.

Patent Number: US8551554B2 Apple peel powder, methods of making, and uses thereof Abstract The present invention relates to a method of making a powder from apple peel by providing an apple peel, subjecting the apple peel to a phytochemical preservation treatment, drying the treated apple peel, and grinding the dried, treated apple peel to a powder. A powder from apple peel having a phenolic content and a flavonoid content similar to fresh apple peel on a fresh weight basis, where the powder has a water activity of less than 0.30 is also disclosed. The present invention also relates to a method of treating cancer in a patient by administering a powder from apple peel to a patient under conditions effective to treat cancer. Also disclosed is a method of inhibiting proliferation of cancer cells by contacting cancer cells with a powder from apple peel under conditions effective to inhibit proliferation of the cancer cells. Application File Date: 2004-12-20 Application Granted Date: 2013-10-08 Current Assignee: Cornell Research Foundation Inc Patent Number: CN103222938A Skin external composition containing sugar apple seed extract Abstract The invention relates to a skin external composition containing sugar apple seed extract, especially relates to extract prepared by germinated sugar apple seeds, or extract prepared by a subcritical extraction method, compared with the previous common sugar apple seed extract, the invention can provide a sugar apple seed extract containing more cyclopetides and various amino acids. By using these extracts, the skin external composition can perform higher efficiency. Application File Date: 2012-04-23 Application Granted Date: 2017-08-11 Current Assignee: Amorepacific Corp Patent Number: CN103232894B Cigarette apple extract preparation method Abstract The invention provides a cigarette apple extract preparation method. The method comprises steps of: mechanically crushing apples, soaking the crushed apples with water to extract, thus obtaining apple pomace and apple juice; then respectively extracting the apple pomace and the apple juice; mixing an apple extracting liquid, and then adding lactic acid, liquid fructose and propylene glycol to prepare the cigarette apple extract. The cigarette apple extract is prepared by utilizing the apples, and the apples are crushed to form the apple pomace and the apple juice to be treated, so that the apples are fully utilized, the utilization rate of the apples is improved, and the method is efficient and energy-saving. Moreover, the method does not relate to toxic organic solvents, and the safety of products is improved. In addition, the cigarette apple extract prepared by the method has realistic aroma, a good cigarette application effect and strong practicability. Application File Date: 2013-05-10 Application Granted Date: 2014-08-27 Current Assignee: WUHAN HUANGHELOU SCIENCE PARK CO Ltd China Tobacco Hunan Industrial Co Ltd China Tobacco Hubei Industrial Corp

Global Apple Extract Market Segmentation:

Segmentation by Form:
  • Seed
  • Powder
  • Liquid
Segmentation by Application:
  • Functional Food
  • Functional Beverages
  • Dietary Supplements
  • Others
Segmentation by Distribution Channel:
  • Supermarkets/ Hypermarkets
  • Convenience Stores
  • Online Retail
  • Others

Key Market Players included in the report:

Below are the key development related to Apple Extract Market in 2020 and 2021.

March 2021: Dabur launches plant based shampoos under Vatika line. The product range includes Coconut Milk Extract shampoo, Moroccan Argan Oil shampoo, Red Onion Black Seed Oil shampoo and Apple Cider Vinegar shampoo. Source August 2020: SunOpta enters snack bar segment. SunOpta Inc. is entering the snack bar segment with the launch of arbor bar, a line of bars made with five ingredients or fewer. Arbor bars are available in three flavors: Apple + Berries, Apple + Blueberry and Apple + Raspberry, each containing 100 calories and zero grams of added sugar. The bars are non-GMO, certified organic and made with apples sourced in the Pacific Northwest. Source

Table of Contents
Chapter 1. Methodology and Scope                  1.1. Research Methodology                  1.2. Research Scope & Assumptions                  1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Apple Extract Market Outlook                  3.1. Market Segmentation                  3.2. Market Size and Growth Prospects, 2016 - 2027                  3.3. Value Chain Analysis                  3.4. Market Dynamics                      3.4.1. Market driver analysis                      3.4.2. Market restraint analysis        
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