Data

  Data Bridge Market Research analyses that the global ascorbic acid market will project a CAGR of 5.10% for the forecast period of 2021-2028. Increasing demand from end-use industries including chemicals, personal care, pharmaceuticals, food and beverages and cosmetics and rising awareness about vitamin C supplements are the major factors responsible for the growth of ascorbic acid market.   Industry Analysis Increased health consciousness among consumers and rise in demand for convenient and time-saving cooking solution are some of the driving factors expected to propel the market growth. Some of the major restraints that may negatively impact the market growth are competition from alternative cooking appliances and dependency on electricity and limited cooking capacity. Surge in online shopping platforms and e-commerce and integration of smart technology into air fryers are expected to provide opportunities for market growth. However, lack of awareness among consumers ...