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Ascorbic Acid Market Report: Trends, Forecast and Competitive Analysis

May 2024 | 150 pages | ID: AF6C2686561EEN
Lucintel

US$ 4,850.00

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The future of the ascorbic acid market looks promising with opportunities in the food and beverage, pharmaceutical, chemical, personal care, agriculture, and other industries. The global ascorbic acid market is expected to grow with a CAGR of 4%-5% from 2020 to 2025. The major drivers for this market are increasing demand from various end use industries and shifting preferences towards healthy foods.

A total of XX figures / charts and XX tables are provided in more than 150 pages report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global ascorbic acid market report, please download the report brochure.

The study includes trends and forecast for the global ascorbic acid market by end use industry, type, grade, and region as follows:

By End Use Industry [Value ($ Million) shipment analysis for 2014 – 2025]:
  • Food and Beverage
  • Pharmaceutical
  • Chemical
  • Personal Care
  • Agriculture
  • Others
By Type [Value ($ Million) shipment analysis for 2014 – 2025]:
  • Calcium Ascorbate
  • Sodium Ascorbate
  • Magnesium Ascorbate
  • Potassium Ascorbate
  • D-Isoascorbic Acid
By Grade [Value ($ Million) shipment analysis for 2014 – 2025]:
  • Food
  • Pharmaceutical
  • Industrial
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Italy
    • United Kingdom
    • German
    • France
  • Asia Pacific
    • China
    • India
    • South Korea
    • Japan
  • The Rest of the World
    • Brazil
Some of the ascorbic acid companies profiled in this report include DSM, Bactolac Pharmaceutical Inc, CSPC Pharmaceutical Group, BASF SE, Northeast Pharmaceutical Group, Hebei Welcome Pharmaceutical Co, North China Pharmaceutical Group, Dishman Group, Aland Nutraceuticals Group, and DuPont.

Lucintel forecasts that sodium ascorbate will remain the largest segment over the forecast period due to its strong antioxidant properties and ability to protect cells from damage, which results in its strong demand among the various end-users.

Within this market, the food and beverage industry will remain the largest segment by end use industry over the forecast period due to growing demand of ascorbic acid as a food additive for various food and beverage products.

Asia Pacific will remain the largest region and is expected to witness the highest growth over the forecast period due to continuous expansion of the pharmaceutical sector, and increasing awareness about the importance of vitamin C in treating various conditions.

Features of the Global Ascorbic Acid Market
  • Market Size Estimates: Global ascorbic acid market size estimation in terms of value ($M) shipment.
  • Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments.
  • Segmentation Analysis: Global ascorbic acid market size by various segments, such asend use industry, type, and grade in terms of value.
  • Regional Analysis: Global ascorbic acid market breakdown by the North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different end use industry, type, grade, and region for the global ascorbic acid market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global ascorbic acid market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following key questions

Q.1 What are some of the most promising potential, high-growth opportunities for the global ascorbic acid market by end use industry (food and beverage, pharmaceutical, chemical, personal care, agriculture, and others), type (calcium ascorbate, sodium ascorbate, magnesium ascorbate, potassium ascorbate, and D-isoascorbic acid), grade (food, pharmaceutical, and industrial), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global ascorbic acid market?
Q.5 What are the business risks and threats to the global ascorbic acid market?
Q.6 What are emerging trends in this ascorbic acid market and the reasons behind them?
Q.7 What are some changing demands of customers in this ascorbic acid market?
Q.8 What are the new developments in this ascorbic acid market? Which companies are leading these developments?
Q.9 Who are the major players in this ascorbic acid market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this ascorbic acid market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the global ascorbic acid market?

Report Scope

Key Features Description

Base Year for Estimation 2019

Trend Period

(Actual Estimates) 2014-2019

Forecast Period 2020-2025

Pages More than 150

Market Representation / Units Revenue in US $ Million

Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling

Market Segments End Use Industry (Food and Beverage, Pharmaceutical, Chemical, Personal Care, Agriculture, and Others), Type (Calcium Ascorbate, Sodium Ascorbate, Magnesium Ascorbate, Potassium Ascorbate, and D-Isoascorbic Acid), Grade (Food, Pharmaceutical, and Industrial)

Regional Scope North America (USA, Mexico, and Canada), Europe (Italy, United Kingdom, Germany, and France), Asia (China, India, Japan, South Korea), and ROW (Brazil)

Customization 10% Customization without Any Additional Cost
1. EXECUTIVE SUMMARY

2. MARKET BACKGROUND AND CLASSIFICATIONS

2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2014 T  2025

3.1: Macroeconomic Trends and Forecast
3.2: Global Ascorbic Acid Market Trends and Forecast
3.3: Global Ascorbic Acid Market by End Use Industry
  3.3.1: Food and Beverage
  3.3.2: Pharmaceutical
  3.3.3: Chemical
  3.3.4: Personal Care
  3.3.5: Agriculture
  3.3.6: Others
3.4: Global Ascorbic Acid Market by Type
  3.4.1: Calcium Ascorbate
  3.4.2: Sodium Ascorbate
  3.4.3: Magnesium Ascorbate
  3.4.4: Potassium Ascorbate
  3.4.5: D-Isoascorbic
3.5: Global Ascorbic Acid Market by Grade
  3.5.1: Food
  3.5.2: Pharmaceutical
  3.5.3: Industrial

4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION

4.1: Global Ascorbic Acid Market by Region
4.2: North American Ascorbic Acid Market
  4.2.1: Market by End Use Industris: Food and Beverage, Pharmaceutical, Chemical, Personal Care, Agriculture, and Others
  4.2.2: Market by Type: Calcium Ascorbate, Sodium Ascorbate, Magnesium Ascorbate, Potassium Ascorbate and D-Isoascorbic Acid
  4.2.3: Market by Grade: Food, Pharmaceutical, and Industrial
  4.2.4: The United States Ascorbic Acid Market
  4.2.5: The Canadian Ascorbic Acid Market
  4.2.6: The Mexican Ascorbic Acid Market
4.3: European Ascorbic Acid Market
  4.3.1: Market by End Use Industris: Food and Beverage, Pharmaceutical, Chemical, Personal Care, Agriculture, and Others
  4.3.2: Market by Type: Calcium Ascorbate, Sodium Ascorbate, Magnesium Ascorbate, Potassium Ascorbate and D-Isoascorbic Acid
  4.3.3: Market by Grade: Food, Pharmaceutical, and Industrial
  4.3.4: The Italian Ascorbic Acid Market
  4.3.5: The United Kingdom Ascorbic Acid Market
  4.3.6: The German Ascorbic Acid Market
  4.3.7: The French Ascorbic Acid Market
4.4: APAC Ascorbic Acid Market
  4.4.1: Market by End Use Industris: Food and Beverage, Pharmaceutical, Chemical, Personal Care, Agriculture, and Others
  4.4.2: Market by Type: Calcium Ascorbate, Sodium Ascorbate, Magnesium Ascorbate, Potassium Ascorbate and D-Isoascorbic Acid
  4.4.3: Market by Grade: Food, Pharmaceutical, and Industrial
  4.4.4: The Chinese Ascorbic Acid Market
  4.4.5: The Indian Ascorbic Acid Market
  4.4.6: The South Korean Ascorbic Acid Market
  4.4.7: The Japanese Ascorbic Acid Market
4.5: ROW Ascorbic Acid Market
  4.5.1: Market by End Use Industris: Food and Beverage, Pharmaceutical, Chemical, Personal Care, Agriculture, and Others
  4.5.2: Market by Type: Calcium Ascorbate, Sodium Ascorbate, Magnesium Ascorbate, Potassium Ascorbate and D-Isoascorbic Acid
  4.5.3: Market by Grade: Food, Pharmaceutical, and Industrial
  4.5.4: The Brazilian Ascorbic Acid Market

5. COMPETITOR ANALYSIS

5.1: Market Share Analysis
5.2: Product Portfoli  Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis

6. COST STRUCTURE ANALYSIS

6.1: Cost of Goods Sold
6.2: SG&A
6.3: EBITDA Margin

7. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS

7.1: Growth Opportunity Analysis
  7.1.1: Growth Opportunities for the Global Ascorbic Acid Market by End Use Industries
  7.1.2: Growth Opportunities for the Global Ascorbic Acid Market by Type
  7.1.3: Growth Opportunities for the Global Ascorbic Acid Market by Grade
  7.1.4: Growth Opportunities for the Global Ascorbic Acid Market by Region
7.2: Emerging Trends in the Global Ascorbic Acid Market
7.3: Strategic Analysis
  7.3.1: New Product Development
  7.3.2: Capacity Expansion of the Global Ascorbic Acid Market
  7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Ascorbic Acid Market
  7.3.4: Certification and Licensing

8. COMPANY PROFILES OF LEADING PLAYERS

8.1: DSM
8.2: Bactolac Pharmaceutical Inc
8.3: CSPC Pharmaceutical Group
8.4: BASF SE
8.5: Northeast Pharmaceutical Group
8.6: Hebei Welcome Pharmaceutical C  
8.7: North China Pharmaceutical Group
8.8: Dishman Group
8.9: Aland Nutraceuticals Group
8.10: DuPont.


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