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Vitamin C Market Report: Trends, Forecast and Competitive Analysis

May 2024 | 150 pages | ID: VAA115368F76EN
Lucintel

US$ 4,850.00

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The future of the vitamin C market looks promising with opportunities in food and beverage, pharmaceutical, beauty and personal cares, animal feed, and others. The global vitamin C market is expected to grow with a CAGR of 3%-5% from 2020 to 2025. The major drivers for this market are increasing adoption of vitamin C in food and beverages for fortification, and advancements in the personal care industry.

A total of XX figures / charts and XX tables are provided in the 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 vitamin C market report, please download the report brochure.

The study includes trends and forecast for the global vitamin C market by product type, application, and region as follows:

By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
  • Sodium Ascorbate
  • Calcium Ascorbate
  • Potassium Ascorbate
  • Magnesium Ascorbate
  • Ascorbic Acid
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
  • Food and Beverage
  • Pharmaceutical
  • Beauty and Personal Cares
  • Animal Feed
  • Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • German
  • France
  • Italy
  • Asia Pacific
  • China
  • Japan
  • India
  • The Rest of the World
Some of the Vitamin C companies profiled in this report include BASF SE, DSM, Amway, Abbott, Bayer, DuPont, Danisco, Nutraceutics, GlaxoSmithKline, and Glanbia plc.

In this market, sodium ascorbate, calcium ascorbate, potassium ascorbate, magnesium ascorbate, and ascorbic acid are the major product types. Lucintel forecasts that sodium ascorbate will remain the largest segment over the forecast period because of its applications as reducing agents and antioxidants.

Within this market, food and beverage, pharmaceutical, beauty and personal cares, animal feed, and others are the major applications of Vitamin C. Food and beverage will remain the largest segment by application type over the forecast period due to growing nutritional deficiency of vitamin C because of fast-food consumption among the end-users.

Asia-Pacific is expected to witness the highest growth over the forecast period due to the growing consumer awareness on the benefits of vitamin C, availability of products, and high consumption of vitamin C products, and the increasing consumer concentration towards fitness along with rise in supplement consumption.

Features of the Global Vitamin C Market
  • Market Size Estimates: Global Vitamin C 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 Vitamin C market size by various segments, such as product type and application in terms of value.
  • Regional Analysis: Global Vitamin C market breakdown by the North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different product type, application, and region for the global Vitamin C market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global Vitamin C 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 Vitamin C market by product type (sodium ascorbate, calcium ascorbate, potassium ascorbate, magnesium ascorbate, and ascorbic acid), application (food and beverage, pharmaceutical, beauty and personal cares, animal feed, and others), 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 Vitamin C market?
Q.5 What are the business risks and threats to the global Vitamin C market?
Q.6 What are emerging trends in this Vitamin C market and the reasons behind them?
Q.7 What are some changing demands of customers in this Vitamin C market?
Q.8 What are the new developments in this Vitamin C market? Which companies are leading these developments?
Q.9 Who are the major players in this Vitamin C 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 Vitamin C 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 Vitamin C 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 Product Type (Sodium Ascorbate, Calcium Ascorbate, Potassium Ascorbate, Magnesium Ascorbate, and Ascorbic Acid), Application (Food and Beverage, Pharmaceutical, Beauty and Personal Cares, Animal Feed, and Others)

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

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 Vitamin C Market Trends and Forecast
3.3: Global Vitamin C Market by Product Type
  3.3.1: Sodium Ascorbate
  3.3.2: Calcium Ascorbate
  3.3.3: Potassium Ascorbate
  3.3.4: Magnesium Ascorbate
  3.3.5: Ascorbic Acid
3.4: Global Vitamin C Market by Application
  3.4.1: Food and Beverage
  3.4.2: Pharmaceutical
  3.4.3: Beauty and Personal Cares
  3.4.4: Animal Feed
  3.4.5: Others

4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION

4.1: Global Vitamin C Market by Region
4.2: North American Vitamin C Market
  4.2.1: Market by Product Type: Sodium Ascorbate, Calcium Ascorbate, Potassium Ascorbate, Magnesium Ascorbate, and Ascorbic Acid
  4.2.2: Market by Application: Food and Beverage, Pharmaceutical, Beauty and Personal Cares, Animal Feed, and Others
  4.2.3: The United States Vitamin C Market
  4.2.4: The Canadian Vitamin C Market
  4.2.5: The Mexican Vitamin C Market
4.3: European Vitamin Market
  4.3.1: Market by Product Type: Sodium Ascorbate, Calcium Ascorbate, Potassium Ascorbate, Magnesium Ascorbate, and Ascorbic Acid
  4.3.2: Market by Application: Food and Beverage, Pharmaceutical, Beauty and Personal Cares, Animal Feed, and Others
  4.3.3: The United Kingdom Vitamin C Market
  4.3.4: The German Vitamin C Market
  4.3.5: The French Vitamin C Market
  4.3.6: The Italian Vitamin C Market
4.4: APAC Vitamin Market
  4.4.1: Market by Product Type: Sodium Ascorbate, Calcium Ascorbate, Potassium Ascorbate, Magnesium Ascorbate, and Ascorbic Acid
  4.4.2: Market by Application: Food and Beverage, Pharmaceutical, Beauty and Personal Cares, Animal Feed, and Others
  4.4.3: The Chinese Vitamin C Market
  4.4.4: The Japanese Vitamin C Market
  4.4.5: The Indian Vitamin C Market
4.5: ROW Vitamin C Market
  4.5.1: Market by Product Type: Sodium Ascorbate, Calcium Ascorbate, Potassium Ascorbate, Magnesium Ascorbate, and Ascorbic Acid
  4.5.2: Market by Application: Food and Beverage, Pharmaceutical, Beauty and Personal Cares, Animal Feed, and Others

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 Vitamin C Market by Product Type
  7.1.2: Growth Opportunities for the Global Vitamin C Market by Application
  7.1.3: Growth Opportunities for the Global Vitamin C Market by Region
7.2: Emerging Trends in the Global Vitamin C Market
7.3: Strategic Analysis
  7.3.1: New Product Development
  7.3.2: Capacity Expansion of the Global Vitamin C Market
  7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Vitamin C Market
  7.3.4: Certification and Licensing

8. COMPANY PROFILES OF LEADING PLAYERS

8.1: BASF SE
8.2: DSM
8.3: Amway
8.4: Abbott
8.5: Bayer AG
8.6: DuPont
8.7: Danisc  
8.8: Nutraceutics
8.9: GlaxoSmithKline
8.10: Glanbia plc


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