Brooklyn, NY -- (SBWIRE) -- 08/09/2016 -- The report provides an in-depth analysis of the global ascorbic acid industry, covering the industry chain structure, segmentation of the market based on several parameters, and factors impacting its growth trajectory.

Industrially produced L-ascorbic acid finds widespread application in the food, feed, and pharmaceutical sectors as a preservative and nutritional supplement. These industries mainly put to use the antioxidant properties of ascorbic acid. Ascorbic acid also witnesses demand as vitamer of vitamin C. A vitamer is a chemical compound having a molecular structure similar to that of vitamins. Vitamers show vitamin activities in case of vitamin deficiency in a biological system.

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Ascorbic acid, therefore, is primarily used to prevent deficiency of vitamin C, mainly in humans. Health experts advise not to ignore vitamin C deficiency, since it can lead to a condition called scurvy. This disease is characterized by symptoms such as body pain, weakness in muscles, joint pain, body rashes, and tooth decay. The increasing incidence of such ailments also boosts the market for ascorbic acid globally.

Apart from the rising population, the global ascorbic industry also capitalizes on the rising demand from end-use industries such as personal care, chemicals, food and beverages, cosmetic products, and pharmaceuticals.

The ascorbic acid industry is poised to exhibit exponential growth in the coming years due to the growing demand from the aforementioned industries. Furthermore, the changing diet and living habits of people are having a negative effect on their health, which in turn has increased the diabetic population. The increasing medical requirements corresponding to the growing health awareness among people, coupled with their rising living standards, are anticipated to boost opportunities for the global ascorbic acid market over the next few years.

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Furthermore, the rising investment in research and development activities by the most prominent industry players and introduction of the latest technological advances will also give impetus to the global market for ascorbic acid.

However, to register sustainable growth, the global ascorbic acid industry has to mitigate the negative impact of its high dependence upon raw materials. Hence, the market is influenced by even the slightest fluctuation in raw material prices. The report presents a comprehensive overview of the growth drivers and restrains having an impact on the global ascorbic acid industry.

To present a 360-degree blueprint of the market's prevailing dynamics; leading companies operating therein are profiled in the report.

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