Ascorbic Acid Market 2024-2028 - Research and Markets

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.

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

This study identifies the growing preference for plant-based and vegan products as one of the prime reasons driving the ascorbic acid market growth during the next few years. Also, shift towards sustainable sourcing and production of ascorbic acid and advancements in production technologies of ascorbic acid will lead to sizable demand in the market.

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 robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ascorbic acid market vendors that include 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. Also, the ascorbic acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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.

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Variant
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global ascorbic acid market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global ascorbic acid market 2018 - 2022 ($ million)
4.2 Variant Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Variant Segment 2018 - 2022 ($ million)
4.3 End-user Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Variant

6.1 Market segments
Exhibit 30: Chart on Variant - Market share 2023-2028 (%)
Exhibit 31: Data Table on Variant - Market share 2023-2028 (%)
6.2 Comparison by Variant
Exhibit 32: Chart on Comparison by Variant
Exhibit 33: Data Table on Comparison by Variant
6.3 Powder - Market size and forecast 2023-2028
Exhibit 34: Chart on Powder - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Powder - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Powder - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Powder - Year-over-year growth 2023-2028 (%)
6.4 Liquid - Market size and forecast 2023-2028
Exhibit 38: Chart on Liquid - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Liquid - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Liquid - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Liquid - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Variant
Exhibit 42: Market opportunity by Variant ($ million)
Exhibit 43: Data Table on Market opportunity by Variant ($ million)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 44: Chart on End-user - Market share 2023-2028 (%)
Exhibit 45: Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
Exhibit 46: Chart on Comparison by End-user
Exhibit 47: Data Table on Comparison by End-user
7.3 Pharmaceutical - Market size and forecast 2023-2028
Exhibit 48: Chart on Pharmaceutical - Market size and forecast 2023-2028 ($ million)
Exhibit 49: Data Table on Pharmaceutical - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Chart on Pharmaceutical - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Pharmaceutical - Year-over-year growth 2023-2028 (%)
7.4 Food and beverages - Market size and forecast 2023-2028
Exhibit 52: Chart on Food and beverages - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Food and beverages - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
7.5 Personal care - Market size and forecast 2023-2028
Exhibit 56: Chart on Personal care - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Personal care - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Personal care - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Personal care - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
Exhibit 60: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by End-user
Exhibit 64: Market opportunity by End-user ($ million)
Exhibit 65: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share by geography 2023-2028 (%)
Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2023-2028
Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
Exhibit 107: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 108: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity by geography
Exhibit 111: Market opportunity by geography ($ million)
Exhibit 112: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Avantor Inc
Exhibit 119: Avantor Inc - Overview
Exhibit 120: Avantor Inc - Business segments
Exhibit 121: Avantor Inc - Key news
Exhibit 122: Avantor Inc - Key offerings
Exhibit 123: Avantor Inc - Segment focus
12.4 Central Drug House P Ltd.
Exhibit 124: Central Drug House P Ltd. - Overview
Exhibit 125: Central Drug House P Ltd. - Product / Service
Exhibit 126: Central Drug House P Ltd. - Key offerings
12.5 Foodchem International Corp.
Exhibit 127: Foodchem International Corp. - Overview
Exhibit 128: Foodchem International Corp. - Product / Service
Exhibit 129: Foodchem International Corp. - Key offerings
12.6 FUJIFILM Corp.
Exhibit 130: FUJIFILM Corp. - Overview
Exhibit 131: FUJIFILM Corp. - Business segments
Exhibit 132: FUJIFILM Corp. - Key news
Exhibit 133: FUJIFILM Corp. - Key offerings
Exhibit 134: FUJIFILM Corp. - Segment focus
12.7 GFS Chemicals Inc.
Exhibit 135: GFS Chemicals Inc. - Overview
Exhibit 136: GFS Chemicals Inc. - Product / Service
Exhibit 137: GFS Chemicals Inc. - Key offerings
12.8 Glanbia plc
Exhibit 138: Glanbia plc - Overview
Exhibit 139: Glanbia plc - Business segments
Exhibit 140: Glanbia plc - Key news
Exhibit 141: Glanbia plc - Key offerings
Exhibit 142: Glanbia plc - Segment focus
12.9 Hydrite Chemical Co.
Exhibit 143: Hydrite Chemical Co. - Overview
Exhibit 144: Hydrite Chemical Co. - Product / Service
Exhibit 145: Hydrite Chemical Co. - Key offerings
12.10 Illinois Tool Works Inc.
Exhibit 146: Illinois Tool Works Inc. - Overview
Exhibit 147: Illinois Tool Works Inc. - Business segments
Exhibit 148: Illinois Tool Works Inc. - Key news
Exhibit 149: Illinois Tool Works Inc. - Key offerings
Exhibit 150: Illinois Tool Works Inc. - Segment focus
12.11 Koninklijke DSM NV
Exhibit 151: Koninklijke DSM NV - Overview
Exhibit 152: Koninklijke DSM NV - Business segments
Exhibit 153: Koninklijke DSM NV - Key news
Exhibit 154: Koninklijke DSM NV - Key offerings
Exhibit 155: Koninklijke DSM NV - Segment focus
12.12 Merck KGaA
Exhibit 156: Merck KGaA - Overview
Exhibit 157: Merck KGaA - Business segments
Exhibit 158: Merck KGaA - Key news
Exhibit 159: Merck KGaA - Key offerings
Exhibit 160: Merck KGaA - Segment focus
12.13 Muby Chemicals
Exhibit 161: Muby Chemicals - Overview
Exhibit 162: Muby Chemicals - Product / Service
Exhibit 163: Muby Chemicals - Key offerings
12.14 Otto Chemie Pvt. Ltd.
Exhibit 164: Otto Chemie Pvt. Ltd. - Overview
Exhibit 165: Otto Chemie Pvt. Ltd. - Product / Service
Exhibit 166: Otto Chemie Pvt. Ltd. - Key offerings
12.15 Spectrum Laboratory Products Inc.
Exhibit 167: Spectrum Laboratory Products Inc. - Overview
Exhibit 168: Spectrum Laboratory Products Inc. - Product / Service
Exhibit 169: Spectrum Laboratory Products Inc. - Key offerings
12.16 Thermo Fisher Scientific Inc.
Exhibit 170: Thermo Fisher Scientific Inc. - Overview
Exhibit 171: Thermo Fisher Scientific Inc. - Business segments
Exhibit 172: Thermo Fisher Scientific Inc. - Key news
Exhibit 173: Thermo Fisher Scientific Inc. - Key offerings
Exhibit 174: Thermo Fisher Scientific Inc. - Segment focus
12.17 Univar Solutions Inc.
Exhibit 175: Univar Solutions Inc. - Overview
Exhibit 176: Univar Solutions Inc. - Business segments
Exhibit 177: Univar Solutions Inc. - Key offerings
Exhibit 178: Univar Solutions Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 179: Inclusions checklist
Exhibit 180: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 181: Currency conversion rates for US$
13.4 Research methodology
Exhibit 182: Research methodology
Exhibit 183: Validation techniques employed for market sizing
Exhibit 184: Information sources
13.5 List of abbreviations
Exhibit 185: List of abbreviations

List of Exhibits

Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market by Geography
Exhibits 5: Executive Summary - Chart on Market Segmentation by Variant
Exhibits 6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Historic Market Size - Data Table on global ascorbic acid market 2018 - 2022 ($ million)
Exhibits 19: Historic Market Size - Variant Segment 2018 - 2022 ($ million)
Exhibits 20: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Variant - Market share 2023-2028 (%)
Exhibits 31: Data Table on Variant - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Variant
Exhibits 33: Data Table on Comparison by Variant
Exhibits 34: Chart on Powder - Market size and forecast 2023-2028 ($ million)
Exhibits 35: Data Table on Powder - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Chart on Powder - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Powder - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Liquid - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Data Table on Liquid - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Chart on Liquid - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Liquid - Year-over-year growth 2023-2028 (%)
Exhibits 42: Market opportunity by Variant ($ million)
Exhibits 43: Data Table on Market opportunity by Variant ($ million)
Exhibits 44: Chart on End-user - Market share 2023-2028 (%)
Exhibits 45: Data Table on End-user - Market share 2023-2028 (%)
Exhibits 46: Chart on Comparison by End-user
Exhibits 47: Data Table on Comparison by End-user
Exhibits 48: Chart on Pharmaceutical - Market size and forecast 2023-2028 ($ million)
Exhibits 49: Data Table on Pharmaceutical - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Chart on Pharmaceutical - Year-over-year growth 2023-2028 (%)
Exhibits 51: Data Table on Pharmaceutical - Year-over-year growth 2023-2028 (%)
Exhibits 52: Chart on Food and beverages - Market size and forecast 2023-2028 ($ million)
Exhibits 53: Data Table on Food and beverages - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
Exhibits 55: Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
Exhibits 56: Chart on Personal care - Market size and forecast 2023-2028 ($ million)
Exhibits 57: Data Table on Personal care - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Chart on Personal care - Year-over-year growth 2023-2028 (%)
Exhibits 59: Data Table on Personal care - Year-over-year growth 2023-2028 (%)
Exhibits 60: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 61: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 63: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 64: Market opportunity by End-user ($ million)
Exhibits 65: Data Table on Market opportunity by End-user ($ million)
Exhibits 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 67: Chart on Market share by geography 2023-2028 (%)
Exhibits 68: Data Table on Market share by geography 2023-2028 (%)
Exhibits 69: Chart on Geographic comparison
Exhibits 70: Data Table on Geographic comparison
Exhibits 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 75: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 76: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 79: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 80: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 83: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 84: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 85: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 91: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 92: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 94: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 95: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 98: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 103: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 104: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 105: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 107: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 108: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 111: Market opportunity by geography ($ million)
Exhibits 112: Data Tables on Market opportunity by geography ($ million)
Exhibits 113: Impact of drivers and challenges in 2023 and 2028
Exhibits 114: Overview on Criticality of inputs and Factors of differentiation
Exhibits 115: Overview on factors of disruption
Exhibits 116: Impact of key risks on business
Exhibits 117: Vendors covered
Exhibits 118: Matrix on vendor position and classification
Exhibits 119: Avantor Inc - Overview
Exhibits 120: Avantor Inc - Business segments
Exhibits 121: Avantor Inc - Key news
Exhibits 122: Avantor Inc - Key offerings
Exhibits 123: Avantor Inc - Segment focus
Exhibits 124: Central Drug House P Ltd. - Overview
Exhibits 125: Central Drug House P Ltd. - Product / Service
Exhibits 126: Central Drug House P Ltd. - Key offerings
Exhibits 127: Foodchem International Corp. - Overview
Exhibits 128: Foodchem International Corp. - Product / Service
Exhibits 129: Foodchem International Corp. - Key offerings
Exhibits 130: FUJIFILM Corp. - Overview
Exhibits 131: FUJIFILM Corp. - Business segments
Exhibits 132: FUJIFILM Corp. - Key news
Exhibits 133: FUJIFILM Corp. - Key offerings
Exhibits 134: FUJIFILM Corp. - Segment focus
Exhibits 135: GFS Chemicals Inc. - Overview
Exhibits 136: GFS Chemicals Inc. - Product / Service
Exhibits 137: GFS Chemicals Inc. - Key offerings
Exhibits 138: Glanbia plc - Overview
Exhibits 139: Glanbia plc - Business segments
Exhibits 140: Glanbia plc - Key news
Exhibits 141: Glanbia plc - Key offerings
Exhibits 142: Glanbia plc - Segment focus
Exhibits 143: Hydrite Chemical Co. - Overview
Exhibits 144: Hydrite Chemical Co. - Product / Service
Exhibits 145: Hydrite Chemical Co. - Key offerings
Exhibits 146: Illinois Tool Works Inc. - Overview
Exhibits 147: Illinois Tool Works Inc. - Business segments
Exhibits 148: Illinois Tool Works Inc. - Key news
Exhibits 149: Illinois Tool Works Inc. - Key offerings
Exhibits 150: Illinois Tool Works Inc. - Segment focus
Exhibits 151: Koninklijke DSM NV - Overview
Exhibits 152: Koninklijke DSM NV - Business segments
Exhibits 153: Koninklijke DSM NV - Key news
Exhibits 154: Koninklijke DSM NV - Key offerings
Exhibits 155: Koninklijke DSM NV - Segment focus
Exhibits 156: Merck KGaA - Overview
Exhibits 157: Merck KGaA - Business segments
Exhibits 158: Merck KGaA - Key news
Exhibits 159: Merck KGaA - Key offerings
Exhibits 160: Merck KGaA - Segment focus
Exhibits 161: Muby Chemicals - Overview
Exhibits 162: Muby Chemicals - Product / Service
Exhibits 163: Muby Chemicals - Key offerings
Exhibits 164: Otto Chemie Pvt. Ltd. - Overview
Exhibits 165: Otto Chemie Pvt. Ltd. - Product / Service
Exhibits 166: Otto Chemie Pvt. Ltd. - Key offerings
Exhibits 167: Spectrum Laboratory Products Inc. - Overview
Exhibits 168: Spectrum Laboratory Products Inc. - Product / Service
Exhibits 169: Spectrum Laboratory Products Inc. - Key offerings
Exhibits 170: Thermo Fisher Scientific Inc. - Overview
Exhibits 171: Thermo Fisher Scientific Inc. - Business segments
Exhibits 172: Thermo Fisher Scientific Inc. - Key news
Exhibits 173: Thermo Fisher Scientific Inc. - Key offerings
Exhibits 174: Thermo Fisher Scientific Inc. - Segment focus
Exhibits 175: Univar Solutions Inc. - Overview
Exhibits 176: Univar Solutions Inc. - Business segments
Exhibits 177: Univar Solutions Inc. - Key offerings
Exhibits 178: Univar Solutions Inc. - Segment focus
Exhibits 179: Inclusions checklist
Exhibits 180: Exclusions checklist
Exhibits 181: Currency conversion rates for US$
Exhibits 182: Research methodology
Exhibits 183: Validation techniques employed for market sizing
Exhibits 184: Information sources
Exhibits 185: List of abbreviations

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

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The ascorbic acid market is segmented as below:

By Variant

By End-user

By Geography

The report on the ascorbic acid market covers the following areas:

Table of Contents

Executive Summary

Companies Mentioned (Partial List)

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