Report overview
Ascorbic acid (Vitamin C), an essential nutrient found mainly in fruits and vegetables. The body requires ascorbic acid in order to form and maintain bones, blood vessels, and skin. Ascorbic acid also promotes the healing of cuts, abrasions and wounds; helps fight infections; inhibits conversion of irritants in smog, tobacco smoke, and certain foods into cancer-causing substances; appears to lessen the risk of developing high blood pressure and heart disease; helps regulate cholesterol levels; prevents the development of scurvy; appears to lower the risk of developing cataracts; and aids in iron absorption. Ascorbic acid can cause adverse reactions when taken with some drugs.
This report aims to provide a comprehensive presentation of the global market for Ascorbic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ascorbic Acid. This report contains market size and forecasts of Ascorbic Acid in global, including the following market information:
Global Ascorbic Acid Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Ascorbic Acid Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Ascorbic Acid companies in 2022 (%)
The global Ascorbic Acid market was valued at US$ 1429.3 million in 2022 and is projected to reach US$ 1957.3 million by 2029, at a CAGR of 4.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Vitamin C (Ascorbic Acid) main players are DSM, CSPC Pharma, Shandong Luwei, Northeast Pharma, etc. Global top four manufacturers hold a share over 80%. China is the largest market, with a share nearly 85%.
We surveyed the Ascorbic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Ascorbic Acid Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Ascorbic Acid Market Segment Percentages, by Type, 2022 (%)
Tablets
Capsules
Others
Global Ascorbic Acid Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Ascorbic Acid Market Segment Percentages, by Application, 2022 (%)
Pharmaceuticals
Food and Beverages
Personal Care
Others
Global Ascorbic Acid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Ascorbic Acid Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Ascorbic Acid revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Ascorbic Acid revenues share in global market, 2022 (%)
Key companies Ascorbic Acid sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Ascorbic Acid sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nestle
North China Pharmaceutical
Aland Nutraceuticals Group
Dishman Group
DSM
Shandong Luwei Pharmaceutical
Outline of Major Chapters:
Chapter 1: Introduces the definition of Ascorbic Acid, market overview.
Chapter 2: Global Ascorbic Acid market size in revenue and volume.
Chapter 3: Detailed analysis of Ascorbic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Ascorbic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Ascorbic Acid capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
