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The ascorbic acid market is forecasted to grow by USD 379.16 mn during 2023-2028, accelerating at a CAGR of 5.16% during the forecast period. The report on the ascorbic acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of vitamin c deficiency, health benefits of consuming ascorbic acid, and rise in demand for stabilizers and antioxidant food ingredients.
The ascorbic acid market is segmented as below:
By Variant
- Powder
- Liquid
By End-user
- Pharmaceutical
- Food and beverages
- Personal care
- Others
By Geography
- Europe
- North America
- APAC
- South America
- Middle East and Africa
The report on the ascorbic acid market covers the following areas:
- Ascorbic acid market sizing
- Ascorbic acid market forecast
- Ascorbic acid market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Variant
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global ascorbic acid market: Anhui Elite Industrial Co. ltd., Ases Chemical Works, Avantor Inc, Blagden Specialty Chemicals Ltd., Central Drug House P Ltd., Foodchem International Corp., FUJIFILM Corp., GFS Chemicals Inc., Glanbia plc, Global Calcium Pvt. Ltd., Hydrite Chemical Co., Illinois Tool Works Inc., Koninklijke DSM NV, Luwei Pharmaceutical Group Co. Ltd., Medisca Inc., Merck KGaA, Muby Chemicals, Northeast Pharmaceutical Group Co. Ltd., Otto Chemie Pvt. Ltd., Reckon Organics Private Ltd., Spectrum Laboratory Products Inc., Thermo Fisher Scientific Inc., Univar Solutions Inc., and PHARMAVIT ApS.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing preference for plant-based and vegan products."
According to the report, one of the major drivers for this market is the increasing prevalence of vitamin c deficiency.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Anhui Elite Industrial Co. ltd.
- Ases Chemical Works
- Avantor Inc
- Blagden Specialty Chemicals Ltd.
- Central Drug House P Ltd.
- Foodchem International Corp.
- FUJIFILM Corp.
- GFS Chemicals Inc.
- Glanbia plc
- Global Calcium Pvt. Ltd.
- Hydrite Chemical Co.
- Illinois Tool Works Inc.
- Koninklijke DSM NV
- Luwei Pharmaceutical Group Co. Ltd.
- Medisca Inc.
- Merck KGaA
- Muby Chemicals
- Northeast Pharmaceutical Group Co. Ltd.
- Otto Chemie Pvt. Ltd.
- Reckon Organics Private Ltd.
- Spectrum Laboratory Products Inc.
- Thermo Fisher Scientific Inc.
- Univar Solutions Inc.
- PHARMAVIT ApS
