Market Restraints
Lack of awareness regarding the health benefit of acerola extract among consumers of developing and under-developed region is projected to hamper the market growth of acerola extract.
The high cost of acerola based products compared to synthetic Vitamin C is another major factor expected to hinder the market growth of acerola extract.
Market Opportunities
Expanding food and beverage industry as acerola extract has wide applications in food and beverages is expected to offer immense growth opportunities over the forecast period. Moreover, growing usage of vitamin C in the preservation of frozen foods as Vitamin C has an excellent antioxidant property is further expected to boost the market growth over the forecast timeframe.
Rising application of acerola extracts from the cosmetic industry as it has a strong anti-oxidant property which claims to improve the texture of the skin, enhance the ability of the skin to retain the moisture, this is expected to offer immense growth opportunity to the market of Acerola extract.
Acerola Extract Market Report Snapshots
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