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Global Vitamin C (Ascorbic Acid) Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 105 pages | ID: G580277872E5EN
APO Research

US$ 3,450.00

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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.

According to APO Research, The global Vitamin C (Ascorbic Acid) market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

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%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Vitamin C (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 Vitamin C (Ascorbic Acid).

The Vitamin C (Ascorbic Acid) market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Vitamin C (Ascorbic Acid) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • DSM
  • CSPC Pharma
  • Shandong Luwei
  • Northeast Pharma
  • North China Pharma
  • Shandong Tianli
  • Ningxia Qiyuan
  • Zhengzhou Tuoyang
  • Henan Huaxing
  • Anhui Tiger
Vitamin C (Ascorbic Acid) segment by Type
  • Food Grade
  • Pharmaceutical Grade
  • Feed Grade
Vitamin C (Ascorbic Acid) segment by Application
  • Food & Beverage
  • Pharmaceuticals & Healthcare
  • Feed
  • Cosmetics
Vitamin C (Ascorbic Acid) Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Vitamin C (Ascorbic Acid) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Vitamin C (Ascorbic Acid) and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Vitamin C (Ascorbic Acid).

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 2: 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 3: Detailed analysis of Vitamin C (Ascorbic Acid) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Vitamin C (Ascorbic Acid) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 6: 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 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Vitamin C (Ascorbic Acid) Market Size Estimates and Forecasts (2019-2030)
  1.2.2 Global Vitamin C (Ascorbic Acid) Sales Estimates and Forecasts (2019-2030)
1.3 Vitamin C (Ascorbic Acid) Market by Type
  1.3.1 Food Grade
  1.3.2 Pharmaceutical Grade
  1.3.3 Feed Grade
1.4 Global Vitamin C (Ascorbic Acid) Market Size by Type
  1.4.1 Global Vitamin C (Ascorbic Acid) Market Size Overview by Type (2019-2030)
  1.4.2 Global Vitamin C (Ascorbic Acid) Historic Market Size Review by Type (2019-2024)
  1.4.3 Global Vitamin C (Ascorbic Acid) Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
  1.5.1 North America Vitamin C (Ascorbic Acid) Sales Breakdown by Type (2019-2024)
  1.5.2 Europe Vitamin C (Ascorbic Acid) Sales Breakdown by Type (2019-2024)
  1.5.3 Asia-Pacific Vitamin C (Ascorbic Acid) Sales Breakdown by Type (2019-2024)
  1.5.4 Latin America Vitamin C (Ascorbic Acid) Sales Breakdown by Type (2019-2024)
  1.5.5 Middle East and Africa Vitamin C (Ascorbic Acid) Sales Breakdown by Type (2019-2024)

2 GLOBAL MARKET DYNAMICS

2.1 Vitamin C (Ascorbic Acid) Industry Trends
2.2 Vitamin C (Ascorbic Acid) Industry Drivers
2.3 Vitamin C (Ascorbic Acid) Industry Opportunities and Challenges
2.4 Vitamin C (Ascorbic Acid) Industry Restraints

3 MARKET COMPETITIVE LANDSCAPE BY COMPANY

3.1 Global Top Players by Vitamin C (Ascorbic Acid) Revenue (2019-2024)
3.2 Global Top Players by Vitamin C (Ascorbic Acid) Sales (2019-2024)
3.3 Global Top Players by Vitamin C (Ascorbic Acid) Price (2019-2024)
3.4 Global Vitamin C (Ascorbic Acid) Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Vitamin C (Ascorbic Acid) Key Company Manufacturing Sites & Headquarters
3.6 Global Vitamin C (Ascorbic Acid) Company, Product Type & Application
3.7 Global Vitamin C (Ascorbic Acid) Company Commercialization Time
3.8 Market Competitive Analysis
  3.8.1 Global Vitamin C (Ascorbic Acid) Market CR5 and HHI
  3.8.2 Global Top 5 and 10 Vitamin C (Ascorbic Acid) Players Market Share by Revenue in 2023
  3.8.3 2023 Vitamin C (Ascorbic Acid) Tier 1, Tier 2, and Tier

4 VITAMIN C (ASCORBIC ACID) REGIONAL STATUS AND OUTLOOK

4.1 Global Vitamin C (Ascorbic Acid) Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Vitamin C (Ascorbic Acid) Historic Market Size by Region
  4.2.1 Global Vitamin C (Ascorbic Acid) Sales in Volume by Region (2019-2024)
  4.2.2 Global Vitamin C (Ascorbic Acid) Sales in Value by Region (2019-2024)
  4.2.3 Global Vitamin C (Ascorbic Acid) Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Vitamin C (Ascorbic Acid) Forecasted Market Size by Region
  4.3.1 Global Vitamin C (Ascorbic Acid) Sales in Volume by Region (2025-2030)
  4.3.2 Global Vitamin C (Ascorbic Acid) Sales in Value by Region (2025-2030)
  4.3.3 Global Vitamin C (Ascorbic Acid) Sales (Volume & Value), Price and Gross Margin (2025-2030)

5 VITAMIN C (ASCORBIC ACID) BY APPLICATION

5.1 Vitamin C (Ascorbic Acid) Market by Application
  5.1.1 Food & Beverage
  5.1.2 Pharmaceuticals & Healthcare
  5.1.3 Feed
  5.1.4 Cosmetics
5.2 Global Vitamin C (Ascorbic Acid) Market Size by Application
  5.2.1 Global Vitamin C (Ascorbic Acid) Market Size Overview by Application (2019-2030)
  5.2.2 Global Vitamin C (Ascorbic Acid) Historic Market Size Review by Application (2019-2024)
  5.2.3 Global Vitamin C (Ascorbic Acid) Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
  5.3.1 North America Vitamin C (Ascorbic Acid) Sales Breakdown by Application (2019-2024)
  5.3.2 Europe Vitamin C (Ascorbic Acid) Sales Breakdown by Application (2019-2024)
  5.3.3 Asia-Pacific Vitamin C (Ascorbic Acid) Sales Breakdown by Application (2019-2024)
  5.3.4 Latin America Vitamin C (Ascorbic Acid) Sales Breakdown by Application (2019-2024)
  5.3.5 Middle East and Africa Vitamin C (Ascorbic Acid) Sales Breakdown by Application (2019-2024)

6 COMPANY PROFILES

6.1 DSM
  6.1.1 DSM Comapny Information
  6.1.2 DSM Business Overview
  6.1.3 DSM Vitamin C (Ascorbic Acid) Sales, Revenue and Gross Margin (2019-2024)
  6.1.4 DSM Vitamin C (Ascorbic Acid) Product Portfolio
  6.1.5 DSM Recent Developments
6.2 CSPC Pharma
  6.2.1 CSPC Pharma Comapny Information
  6.2.2 CSPC Pharma Business Overview
  6.2.3 CSPC Pharma Vitamin C (Ascorbic Acid) Sales, Revenue and Gross Margin (2019-2024)
  6.2.4 CSPC Pharma Vitamin C (Ascorbic Acid) Product Portfolio
  6.2.5 CSPC Pharma Recent Developments
6.3 Shandong Luwei
  6.3.1 Shandong Luwei Comapny Information
  6.3.2 Shandong Luwei Business Overview
  6.3.3 Shandong Luwei Vitamin C (Ascorbic Acid) Sales, Revenue and Gross Margin (2019-2024)
  6.3.4 Shandong Luwei Vitamin C (Ascorbic Acid) Product Portfolio
  6.3.5 Shandong Luwei Recent Developments
6.4 Northeast Pharma
  6.4.1 Northeast Pharma Comapny Information
  6.4.2 Northeast Pharma Business Overview
  6.4.3 Northeast Pharma Vitamin C (Ascorbic Acid) Sales, Revenue and Gross Margin (2019-2024)
  6.4.4 Northeast Pharma Vitamin C (Ascorbic Acid) Product Portfolio
  6.4.5 Northeast Pharma Recent Developments
6.5 North China Pharma
  6.5.1 North China Pharma Comapny Information
  6.5.2 North China Pharma Business Overview
  6.5.3 North China Pharma Vitamin C (Ascorbic Acid) Sales, Revenue and Gross Margin (2019-2024)
  6.5.4 North China Pharma Vitamin C (Ascorbic Acid) Product Portfolio
  6.5.5 North China Pharma Recent Developments
6.6 Shandong Tianli
  6.6.1 Shandong Tianli Comapny Information
  6.6.2 Shandong Tianli Business Overview
  6.6.3 Shandong Tianli Vitamin C (Ascorbic Acid) Sales, Revenue and Gross Margin (2019-2024)
  6.6.4 Shandong Tianli Vitamin C (Ascorbic Acid) Product Portfolio
  6.6.5 Shandong Tianli Recent Developments
6.7 Ningxia Qiyuan
  6.7.1 Ningxia Qiyuan Comapny Information
  6.7.2 Ningxia Qiyuan Business Overview
  6.7.3 Ningxia Qiyuan Vitamin C (Ascorbic Acid) Sales, Revenue and Gross Margin (2019-2024)
  6.7.4 Ningxia Qiyuan Vitamin C (Ascorbic Acid) Product Portfolio
  6.7.5 Ningxia Qiyuan Recent Developments
6.8 Zhengzhou Tuoyang
  6.8.1 Zhengzhou Tuoyang Comapny Information
  6.8.2 Zhengzhou Tuoyang Business Overview
  6.8.3 Zhengzhou Tuoyang Vitamin C (Ascorbic Acid) Sales, Revenue and Gross Margin (2019-2024)
  6.8.4 Zhengzhou Tuoyang Vitamin C (Ascorbic Acid) Product Portfolio
  6.8.5 Zhengzhou Tuoyang Recent Developments
6.9 Henan Huaxing
  6.9.1 Henan Huaxing Comapny Information
  6.9.2 Henan Huaxing Business Overview
  6.9.3 Henan Huaxing Vitamin C (Ascorbic Acid) Sales, Revenue and Gross Margin (2019-2024)
  6.9.4 Henan Huaxing Vitamin C (Ascorbic Acid) Product Portfolio
  6.9.5 Henan Huaxing Recent Developments
6.10 Anhui Tiger
  6.10.1 Anhui Tiger Comapny Information
  6.10.2 Anhui Tiger Business Overview
  6.10.3 Anhui Tiger Vitamin C (Ascorbic Acid) Sales, Revenue and Gross Margin (2019-2024)
  6.10.4 Anhui Tiger Vitamin C (Ascorbic Acid) Product Portfolio
  6.10.5 Anhui Tiger Recent Developments

7 NORTH AMERICA BY COUNTRY

7.1 North America Vitamin C (Ascorbic Acid) Sales by Country
  7.1.1 North America Vitamin C (Ascorbic Acid) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.1.2 North America Vitamin C (Ascorbic Acid) Sales by Country (2019-2024)
  7.1.3 North America Vitamin C (Ascorbic Acid) Sales Forecast by Country (2025-2030)
7.2 North America Vitamin C (Ascorbic Acid) Market Size by Country
  7.2.1 North America Vitamin C (Ascorbic Acid) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.2.2 North America Vitamin C (Ascorbic Acid) Market Size by Country (2019-2024)
  7.2.3 North America Vitamin C (Ascorbic Acid) Market Size Forecast by Country (2025-2030)

8 EUROPE BY COUNTRY

8.1 Europe Vitamin C (Ascorbic Acid) Sales by Country
  8.1.1 Europe Vitamin C (Ascorbic Acid) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.1.2 Europe Vitamin C (Ascorbic Acid) Sales by Country (2019-2024)
  8.1.3 Europe Vitamin C (Ascorbic Acid) Sales Forecast by Country (2025-2030)
8.2 Europe Vitamin C (Ascorbic Acid) Market Size by Country
  8.2.1 Europe Vitamin C (Ascorbic Acid) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.2.2 Europe Vitamin C (Ascorbic Acid) Market Size by Country (2019-2024)
  8.2.3 Europe Vitamin C (Ascorbic Acid) Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC BY COUNTRY

9.1 Asia-Pacific Vitamin C (Ascorbic Acid) Sales by Country
  9.1.1 Asia-Pacific Vitamin C (Ascorbic Acid) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.1.2 Asia-Pacific Vitamin C (Ascorbic Acid) Sales by Country (2019-2024)
  9.1.3 Asia-Pacific Vitamin C (Ascorbic Acid) Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Vitamin C (Ascorbic Acid) Market Size by Country
  9.2.1 Asia-Pacific Vitamin C (Ascorbic Acid) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.2.2 Asia-Pacific Vitamin C (Ascorbic Acid) Market Size by Country (2019-2024)
  9.2.3 Asia-Pacific Vitamin C (Ascorbic Acid) Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA BY COUNTRY

10.1 Latin America Vitamin C (Ascorbic Acid) Sales by Country
  10.1.1 Latin America Vitamin C (Ascorbic Acid) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.1.2 Latin America Vitamin C (Ascorbic Acid) Sales by Country (2019-2024)
  10.1.3 Latin America Vitamin C (Ascorbic Acid) Sales Forecast by Country (2025-2030)
10.2 Latin America Vitamin C (Ascorbic Acid) Market Size by Country
  10.2.1 Latin America Vitamin C (Ascorbic Acid) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.2.2 Latin America Vitamin C (Ascorbic Acid) Market Size by Country (2019-2024)
  10.2.3 Latin America Vitamin C (Ascorbic Acid) Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST AND AFRICA BY COUNTRY

11.1 Middle East and Africa Vitamin C (Ascorbic Acid) Sales by Country
  11.1.1 Middle East and Africa Vitamin C (Ascorbic Acid) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.1.2 Middle East and Africa Vitamin C (Ascorbic Acid) Sales by Country (2019-2024)
  11.1.3 Middle East and Africa Vitamin C (Ascorbic Acid) Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Vitamin C (Ascorbic Acid) Market Size by Country
  11.2.1 Middle East and Africa Vitamin C (Ascorbic Acid) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.2.2 Middle East and Africa Vitamin C (Ascorbic Acid) Market Size by Country (2019-2024)
  11.2.3 Middle East and Africa Vitamin C (Ascorbic Acid) Market Size Forecast by Country (2025-2030)

12 VALUE CHAIN AND SALES CHANNELS ANALYSIS

12.1 Vitamin C (Ascorbic Acid) Value Chain Analysis
  12.1.1 Vitamin C (Ascorbic Acid) Key Raw Materials
  12.1.2 Key Raw Materials Price
  12.1.3 Raw Materials Key Suppliers
  12.1.4 Manufacturing Cost Structure
  12.1.5 Vitamin C (Ascorbic Acid) Production Mode & Process
12.2 Vitamin C (Ascorbic Acid) Sales Channels Analysis
  12.2.1 Direct Comparison with Distribution Share
  12.2.2 Vitamin C (Ascorbic Acid) Distributors
  12.2.3 Vitamin C (Ascorbic Acid) Customers

13 CONCLUDING INSIGHTS

14 APPENDIX

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
  14.5.1 Secondary Sources
  14.5.2 Primary Sources
14.6 Disclaimer


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