The global ascorbic acid market was valued at $1.3 billion in 2021, and is projected to reach $2.2 billion by 2031, growing at a CAGR of 5.2% from 2022 to 2031. Ascorbic acid, also known as vitamin C, are derived naturally from citrus fruits such as lemons and limes. Lemons, grapefruit, limes, and other citrus fruits naturally produce ascorbic acid (C6H8O6). The fungus Aspergillus Niger and Candida lipolytica, which produces more ascorbic acid than the other fermentation techniques. Calcium ascorbate, magnesium ascorbate, sodium ascorbate, potassium ascorbate, and additional forms of ascorbic acid are available in the market. The most popular kind of sodium ascorbate is used as a preservative, pH indicator, antioxidant, coloring agent, and to add a sour and nutritious flavor to food and beverages.
Ascorbic acid market is segmented into by type which include sodium ascorbate, magnesium ascorbate, potassium ascorbate, calcium ascorbate, and others. On the basis of application, the ascorbic market is categorized into food & beverages, pharmaceuticals, beauty & personal care, and animal feed. On the basis of form, the market is bifurcated into powder and liquid. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (France, Germany, Italy, Spain, UK, and the Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key players to increase their market share and sustain the intense competition in the industry.
The availability of functional and processed food products such as jam, meat, bakery & confectionery, dairy products, and others in the market has attracted consumers for a few years. The consumers look for multi-functional food that will fulfill their nutritional requirements through food in their daily diet. Rise in health awareness among the consumers plays a major role in their food choices that presents manufacturers with a huge opportunity to offer healthy products in innovative ways. According to the report by the Kerry Group 2020, the global functional food market was valued at $230 billion that was expected to reach $253 billion by the end of the year 2022. Functional food products are developing according to the demand of the market and consumer necessities with time. The manufacturers are utilizing several nutrients such as protein, vitamins, fat, and others to develop novel products that are demanded in the market. Ascorbic acid is one of the most important nutrients that fulfill the requirements of functional food by offering several benefits such as antioxidants, energy production, and others. Functional food manufacturing companies are trying different combinations of ascorbic acids in their food that would help increase the overall production. Rise in sales of functional food thus boosts the growth of the ascorbic acid market.
Asia-Pacific is the major market for ascorbic acid in the year 2021, owing to the growing food and pharmaceutical industries in the region. Asia-Pacific is studied across China, India, Japan, South Korea, Australia, and the Rest of Asia-Pacific. There is a rapid expansion of the market in this region as a result rise in living standards and increase in disposable of money among customers. Asia-Pacific consumers acknowledge the consumption of functional food as they help to maintain healthy livings. China is the largest ascorbic acid manufacturing country in the globe and holds the highest share of export for ascorbic acid worldwide. The market for ascorbic acid is anticipated to grow during the forecast period with evolving regulatory dynamics in the region and an increase in demand for natural variants.
The ascorbic acid market for Asia-Pacific is expected to grow as the population becomes interested in the variants of food products available in the market. Food manufacturers use unique and sustainable packaging that shows the form of ascorbic acid used in the product to convey to the consumers that the ingredients present in the product are safe and nutritious for consumption. Furthermore, customers look for products that are sourced and produced sustainably. This trend has created new growth opportunities for the main players in the ascorbic acid market to introduce natural ascorbic acid derived from citrus fruits. Ascorbic acid has gained popularity in the Asia-Pacific region, and to cater to the increase in demand, various countries have started producing ascorbic acid in large quantities. All these factors are anticipated to boost the ascorbic acid market in the region during the forecast period.
Ascorbic acid market is segmented into by type which include sodium ascorbate, magnesium ascorbate, potassium ascorbate, calcium ascorbate, and others. On the basis of application, the ascorbic market is categorized into food & beverages, pharmaceuticals, beauty & personal care, and animal feed. On the basis of form, the market is bifurcated into powder and liquid. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (France, Germany, Italy, Spain, UK, and the Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key players to increase their market share and sustain the intense competition in the industry.
The availability of functional and processed food products such as jam, meat, bakery & confectionery, dairy products, and others in the market has attracted consumers for a few years. The consumers look for multi-functional food that will fulfill their nutritional requirements through food in their daily diet. Rise in health awareness among the consumers plays a major role in their food choices that presents manufacturers with a huge opportunity to offer healthy products in innovative ways. According to the report by the Kerry Group 2020, the global functional food market was valued at $230 billion that was expected to reach $253 billion by the end of the year 2022. Functional food products are developing according to the demand of the market and consumer necessities with time. The manufacturers are utilizing several nutrients such as protein, vitamins, fat, and others to develop novel products that are demanded in the market. Ascorbic acid is one of the most important nutrients that fulfill the requirements of functional food by offering several benefits such as antioxidants, energy production, and others. Functional food manufacturing companies are trying different combinations of ascorbic acids in their food that would help increase the overall production. Rise in sales of functional food thus boosts the growth of the ascorbic acid market.
Asia-Pacific is the major market for ascorbic acid in the year 2021, owing to the growing food and pharmaceutical industries in the region. Asia-Pacific is studied across China, India, Japan, South Korea, Australia, and the Rest of Asia-Pacific. There is a rapid expansion of the market in this region as a result rise in living standards and increase in disposable of money among customers. Asia-Pacific consumers acknowledge the consumption of functional food as they help to maintain healthy livings. China is the largest ascorbic acid manufacturing country in the globe and holds the highest share of export for ascorbic acid worldwide. The market for ascorbic acid is anticipated to grow during the forecast period with evolving regulatory dynamics in the region and an increase in demand for natural variants.
The ascorbic acid market for Asia-Pacific is expected to grow as the population becomes interested in the variants of food products available in the market. Food manufacturers use unique and sustainable packaging that shows the form of ascorbic acid used in the product to convey to the consumers that the ingredients present in the product are safe and nutritious for consumption. Furthermore, customers look for products that are sourced and produced sustainably. This trend has created new growth opportunities for the main players in the ascorbic acid market to introduce natural ascorbic acid derived from citrus fruits. Ascorbic acid has gained popularity in the Asia-Pacific region, and to cater to the increase in demand, various countries have started producing ascorbic acid in large quantities. All these factors are anticipated to boost the ascorbic acid market in the region during the forecast period.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the ascorbic acid market analysis from 2021 to 2031 to identify the prevailing ascorbic acid market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the ascorbic acid market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global ascorbic acid market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Application
- Food and beverages
- Pharmaceutical
- Beauty and personal care
- Animal feed
By Type
- Potassium Ascorbate
- Sub-type
- Flavored
- Unflavored
- Calcium Ascorbate
- Sub-type
- Flavored
- Unflavored
- Magnesium Ascorbate
- Sub-type
- Flavored
- Unflavored
- Others
- Sub-type
- Flavored
- Unflavored
- Sodium ascorbate
- Sub-type
- Flavored
- Unflavored
By Form
- Powder
- Liquid
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Luwei Pharmaceutical Group Co., Ltd
- Merck KGaA
- Medisca Inc.
- Vega Group company limited
- Chemceed
- Reckon Organics Private Ltd.
- Superior Supplement Manufacturing
- CSPC Pharmaceutical Group Limited
- FUJIFILM Corporation
- Muby Chemicals
- Aland Health Holding Ltd
- Bactolac Pharmaceutical Inc.
- Foodchem International Corporation
- Botanic Healthcare
- ACP Chemicals Inc
- Pharmavit
- Northeast Pharmaceutical Group Co., Ltd.
- Koninklijke DSM N.V.
- Blagden Specialty Chemicals Ltd.
- Glanbia PLC
Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. B
3.4.2. Restraints
3.4.2.1. A
3.4.3. Opportunities
3.4.3.1. C
3.5. COVID-19 Impact Analysis on the market
3.6. Regulatory Guidelines
CHAPTER 4: ASCORBIC ACID MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2. Sodium ascorbate
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.2.4 Sodium ascorbate Ascorbic Acid Market by Sub-type
4.2.4.1 Flavored Market size and forecast, by region
4.2.4.2 Unflavored Market size and forecast, by region
4.3. Potassium Ascorbate
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.3.4 Potassium Ascorbate Ascorbic Acid Market by Sub-type
4.3.4.1 Flavored Market size and forecast, by region
4.3.4.2 Unflavored Market size and forecast, by region
4.4. Calcium Ascorbate
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
4.4.4 Calcium Ascorbate Ascorbic Acid Market by Sub-type
4.4.4.1 Flavored Market size and forecast, by region
4.4.4.2 Unflavored Market size and forecast, by region
4.5. Magnesium Ascorbate
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market share analysis by country
4.5.4 Magnesium Ascorbate Ascorbic Acid Market by Sub-type
4.5.4.1 Flavored Market size and forecast, by region
4.5.4.2 Unflavored Market size and forecast, by region
4.6. Others
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market share analysis by country
4.6.4 Others Ascorbic Acid Market by Sub-type
4.6.4.1 Flavored Market size and forecast, by region
4.6.4.2 Unflavored Market size and forecast, by region
CHAPTER 5: ASCORBIC ACID MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2. Food and beverages
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3. Pharmaceutical
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4. Beauty and personal care
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
5.5. Animal feed
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market share analysis by country
CHAPTER 6: ASCORBIC ACID MARKET, BY FORM
6.1 Overview
6.1.1 Market size and forecast
6.2. Powder
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3. Liquid
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
CHAPTER 7: ASCORBIC ACID MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Type
7.2.2.1 North America Sodium ascorbate Ascorbic Acid Market by Sub-type
7.2.2.2 North America Potassium Ascorbate Ascorbic Acid Market by Sub-type
7.2.2.3 North America Calcium Ascorbate Ascorbic Acid Market by Sub-type
7.2.2.4 North America Magnesium Ascorbate Ascorbic Acid Market by Sub-type
7.2.2.5 North America Others Ascorbic Acid Market by Sub-type
7.2.3 North America Market size and forecast, by Application
7.2.4 North America Market size and forecast, by Form
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Key market trends, growth factors and opportunities
7.2.5.1.2 Market size and forecast, by Type
7.2.5.1.3 Market size and forecast, by Application
7.2.5.1.4 Market size and forecast, by Form
7.2.5.2 Canada
7.2.5.2.1 Key market trends, growth factors and opportunities
7.2.5.2.2 Market size and forecast, by Type
7.2.5.2.3 Market size and forecast, by Application
7.2.5.2.4 Market size and forecast, by Form
7.2.5.3 Mexico
7.2.5.3.1 Key market trends, growth factors and opportunities
7.2.5.3.2 Market size and forecast, by Type
7.2.5.3.3 Market size and forecast, by Application
7.2.5.3.4 Market size and forecast, by Form
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Type
7.3.2.1 Europe Sodium ascorbate Ascorbic Acid Market by Sub-type
7.3.2.2 Europe Potassium Ascorbate Ascorbic Acid Market by Sub-type
7.3.2.3 Europe Calcium Ascorbate Ascorbic Acid Market by Sub-type
7.3.2.4 Europe Magnesium Ascorbate Ascorbic Acid Market by Sub-type
7.3.2.5 Europe Others Ascorbic Acid Market by Sub-type
7.3.3 Europe Market size and forecast, by Application
7.3.4 Europe Market size and forecast, by Form
7.3.5 Europe Market size and forecast, by country
7.3.5.1 France
7.3.5.1.1 Key market trends, growth factors and opportunities
7.3.5.1.2 Market size and forecast, by Type
7.3.5.1.3 Market size and forecast, by Application
7.3.5.1.4 Market size and forecast, by Form
7.3.5.2 Germany
7.3.5.2.1 Key market trends, growth factors and opportunities
7.3.5.2.2 Market size and forecast, by Type
7.3.5.2.3 Market size and forecast, by Application
7.3.5.2.4 Market size and forecast, by Form
7.3.5.3 Italy
7.3.5.3.1 Key market trends, growth factors and opportunities
7.3.5.3.2 Market size and forecast, by Type
7.3.5.3.3 Market size and forecast, by Application
7.3.5.3.4 Market size and forecast, by Form
7.3.5.4 Spain
7.3.5.4.1 Key market trends, growth factors and opportunities
7.3.5.4.2 Market size and forecast, by Type
7.3.5.4.3 Market size and forecast, by Application
7.3.5.4.4 Market size and forecast, by Form
7.3.5.5 UK
7.3.5.5.1 Key market trends, growth factors and opportunities
7.3.5.5.2 Market size and forecast, by Type
7.3.5.5.3 Market size and forecast, by Application
7.3.5.5.4 Market size and forecast, by Form
7.3.5.6 Rest of Europe
7.3.5.6.1 Key market trends, growth factors and opportunities
7.3.5.6.2 Market size and forecast, by Type
7.3.5.6.3 Market size and forecast, by Application
7.3.5.6.4 Market size and forecast, by Form
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Type
7.4.2.1 Asia-Pacific Sodium ascorbate Ascorbic Acid Market by Sub-type
7.4.2.2 Asia-Pacific Potassium Ascorbate Ascorbic Acid Market by Sub-type
7.4.2.3 Asia-Pacific Calcium Ascorbate Ascorbic Acid Market by Sub-type
7.4.2.4 Asia-Pacific Magnesium Ascorbate Ascorbic Acid Market by Sub-type
7.4.2.5 Asia-Pacific Others Ascorbic Acid Market by Sub-type
7.4.3 Asia-Pacific Market size and forecast, by Application
7.4.4 Asia-Pacific Market size and forecast, by Form
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Key market trends, growth factors and opportunities
7.4.5.1.2 Market size and forecast, by Type
7.4.5.1.3 Market size and forecast, by Application
7.4.5.1.4 Market size and forecast, by Form
7.4.5.2 Japan
7.4.5.2.1 Key market trends, growth factors and opportunities
7.4.5.2.2 Market size and forecast, by Type
7.4.5.2.3 Market size and forecast, by Application
7.4.5.2.4 Market size and forecast, by Form
7.4.5.3 India
7.4.5.3.1 Key market trends, growth factors and opportunities
7.4.5.3.2 Market size and forecast, by Type
7.4.5.3.3 Market size and forecast, by Application
7.4.5.3.4 Market size and forecast, by Form
7.4.5.4 South Korea
7.4.5.4.1 Key market trends, growth factors and opportunities
7.4.5.4.2 Market size and forecast, by Type
7.4.5.4.3 Market size and forecast, by Application
7.4.5.4.4 Market size and forecast, by Form
7.4.5.5 Australia
7.4.5.5.1 Key market trends, growth factors and opportunities
7.4.5.5.2 Market size and forecast, by Type
7.4.5.5.3 Market size and forecast, by Application
7.4.5.5.4 Market size and forecast, by Form
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Key market trends, growth factors and opportunities
7.4.5.6.2 Market size and forecast, by Type
7.4.5.6.3 Market size and forecast, by Application
7.4.5.6.4 Market size and forecast, by Form
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Type
7.5.2.1 LAMEA Sodium ascorbate Ascorbic Acid Market by Sub-type
7.5.2.2 LAMEA Potassium Ascorbate Ascorbic Acid Market by Sub-type
7.5.2.3 LAMEA Calcium Ascorbate Ascorbic Acid Market by Sub-type
7.5.2.4 LAMEA Magnesium Ascorbate Ascorbic Acid Market by Sub-type
7.5.2.5 LAMEA Others Ascorbic Acid Market by Sub-type
7.5.3 LAMEA Market size and forecast, by Application
7.5.4 LAMEA Market size and forecast, by Form
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Key market trends, growth factors and opportunities
7.5.5.1.2 Market size and forecast, by Type
7.5.5.1.3 Market size and forecast, by Application
7.5.5.1.4 Market size and forecast, by Form
7.5.5.2 Middle East
7.5.5.2.1 Key market trends, growth factors and opportunities
7.5.5.2.2 Market size and forecast, by Type
7.5.5.2.3 Market size and forecast, by Application
7.5.5.2.4 Market size and forecast, by Form
7.5.5.3 Africa
7.5.5.3.1 Key market trends, growth factors and opportunities
7.5.5.3.2 Market size and forecast, by Type
7.5.5.3.3 Market size and forecast, by Application
7.5.5.3.4 Market size and forecast, by Form
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
9.1 Luwei Pharmaceutical Group Co., Ltd
9.1.1 Company overview
9.1.2 Key Executives
9.1.3 Company snapshot
9.1.4 Operating business segments
9.1.5 Product portfolio
9.1.6 Business performance
9.1.7 Key strategic moves and developments
9.2 Merck KGaA
9.2.1 Company overview
9.2.2 Key Executives
9.2.3 Company snapshot
9.2.4 Operating business segments
9.2.5 Product portfolio
9.2.6 Business performance
9.2.7 Key strategic moves and developments
9.3 Medisca Inc.
9.3.1 Company overview
9.3.2 Key Executives
9.3.3 Company snapshot
9.3.4 Operating business segments
9.3.5 Product portfolio
9.3.6 Business performance
9.3.7 Key strategic moves and developments
9.4 Vega Group company limited
9.4.1 Company overview
9.4.2 Key Executives
9.4.3 Company snapshot
9.4.4 Operating business segments
9.4.5 Product portfolio
9.4.6 Business performance
9.4.7 Key strategic moves and developments
9.5 Chemceed
9.5.1 Company overview
9.5.2 Key Executives
9.5.3 Company snapshot
9.5.4 Operating business segments
9.5.5 Product portfolio
9.5.6 Business performance
9.5.7 Key strategic moves and developments
9.6 Reckon Organics Private Ltd.
9.6.1 Company overview
9.6.2 Key Executives
9.6.3 Company snapshot
9.6.4 Operating business segments
9.6.5 Product portfolio
9.6.6 Business performance
9.6.7 Key strategic moves and developments
9.7 Superior Supplement Manufacturing
9.7.1 Company overview
9.7.2 Key Executives
9.7.3 Company snapshot
9.7.4 Operating business segments
9.7.5 Product portfolio
9.7.6 Business performance
9.7.7 Key strategic moves and developments
9.8 CSPC Pharmaceutical Group Limited
9.8.1 Company overview
9.8.2 Key Executives
9.8.3 Company snapshot
9.8.4 Operating business segments
9.8.5 Product portfolio
9.8.6 Business performance
9.8.7 Key strategic moves and developments
9.9 FUJIFILM Corporation
9.9.1 Company overview
9.9.2 Key Executives
9.9.3 Company snapshot
9.9.4 Operating business segments
9.9.5 Product portfolio
9.9.6 Business performance
9.9.7 Key strategic moves and developments
9.10 Muby Chemicals
9.10.1 Company overview
9.10.2 Key Executives
9.10.3 Company snapshot
9.10.4 Operating business segments
9.10.5 Product portfolio
9.10.6 Business performance
9.10.7 Key strategic moves and developments
9.11 Aland Health Holding Ltd
9.11.1 Company overview
9.11.2 Key Executives
9.11.3 Company snapshot
9.11.4 Operating business segments
9.11.5 Product portfolio
9.11.6 Business performance
9.11.7 Key strategic moves and developments
9.12 Bactolac Pharmaceutical Inc.
9.12.1 Company overview
9.12.2 Key Executives
9.12.3 Company snapshot
9.12.4 Operating business segments
9.12.5 Product portfolio
9.12.6 Business performance
9.12.7 Key strategic moves and developments
9.13 Foodchem International Corporation
9.13.1 Company overview
9.13.2 Key Executives
9.13.3 Company snapshot
9.13.4 Operating business segments
9.13.5 Product portfolio
9.13.6 Business performance
9.13.7 Key strategic moves and developments
9.14 Botanic Healthcare
9.14.1 Company overview
9.14.2 Key Executives
9.14.3 Company snapshot
9.14.4 Operating business segments
9.14.5 Product portfolio
9.14.6 Business performance
9.14.7 Key strategic moves and developments
9.15 ACP Chemicals Inc
9.15.1 Company overview
9.15.2 Key Executives
9.15.3 Company snapshot
9.15.4 Operating business segments
9.15.5 Product portfolio
9.15.6 Business performance
9.15.7 Key strategic moves and developments
9.16 Pharmavit
9.16.1 Company overview
9.16.2 Key Executives
9.16.3 Company snapshot
9.16.4 Operating business segments
9.16.5 Product portfolio
9.16.6 Business performance
9.16.7 Key strategic moves and developments
9.17 Northeast Pharmaceutical Group Co., Ltd.
9.17.1 Company overview
9.17.2 Key Executives
9.17.3 Company snapshot
9.17.4 Operating business segments
9.17.5 Product portfolio
9.17.6 Business performance
9.17.7 Key strategic moves and developments
9.18 Koninklijke DSM N.V.
9.18.1 Company overview
9.18.2 Key Executives
9.18.3 Company snapshot
9.18.4 Operating business segments
9.18.5 Product portfolio
9.18.6 Business performance
9.18.7 Key strategic moves and developments
9.19 Blagden Specialty Chemicals Ltd.
9.19.1 Company overview
9.19.2 Key Executives
9.19.3 Company snapshot
9.19.4 Operating business segments
9.19.5 Product portfolio
9.19.6 Business performance
9.19.7 Key strategic moves and developments
9.20 Glanbia PLC
9.20.1 Company overview
9.20.2 Key Executives
9.20.3 Company snapshot
9.20.4 Operating business segments
9.20.5 Product portfolio
9.20.6 Business performance
9.20.7 Key strategic moves and developments
List of Tables
Table 1. Global Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 2. Global Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 3. Ascorbic Acid Market for Sodium Ascorbate, by Region, 2021-2031 (Revenue, $Million)
Table 4. Ascorbic Acid Market for Sodium Ascorbate, by Region, 2021-2031 (Volume, Million Tons)
Table 5. Global Sodium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 6. Global Sodium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 7. Ascorbic Acid Market for Flavored, by Region, 2021-2031 (Revenue, $Million)
Table 8. Ascorbic Acid Market for Flavored, by Region, 2021-2031 (Volume, Million Tons)
Table 9. Ascorbic Acid Market for Unflavored, by Region, 2021-2031 (Revenue, $Million)
Table 10. Ascorbic Acid Market for Unflavored, by Region, 2021-2031 (Volume, Million Tons)
Table 11. Ascorbic Acid Market for Potassium Ascorbate, by Region, 2021-2031 (Revenue, $Million)
Table 12. Ascorbic Acid Market for Potassium Ascorbate, by Region, 2021-2031 (Volume, Million Tons)
Table 13. Global Potassium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 14. Global Potassium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 15. Ascorbic Acid Market for Flavored, by Region, 2021-2031 (Revenue, $Million)
Table 16. Ascorbic Acid Market for Flavored, by Region, 2021-2031 (Volume, Million Tons)
Table 17. Ascorbic Acid Market for Unflavored, by Region, 2021-2031 (Revenue, $Million)
Table 18. Ascorbic Acid Market for Unflavored, by Region, 2021-2031 (Volume, Million Tons)
Table 19. Ascorbic Acid Market for Calcium Ascorbate, by Region, 2021-2031 (Revenue, $Million)
Table 20. Ascorbic Acid Market for Calcium Ascorbate, by Region, 2021-2031 (Volume, Million Tons)
Table 21. Global Calcium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 22. Global Calcium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 23. Ascorbic Acid Market for Flavored, by Region, 2021-2031 (Revenue, $Million)
Table 24. Ascorbic Acid Market for Flavored, by Region, 2021-2031 (Volume, Million Tons)
Table 25. Ascorbic Acid Market for Unflavored, by Region, 2021-2031 (Revenue, $Million)
Table 26. Ascorbic Acid Market for Unflavored, by Region, 2021-2031 (Volume, Million Tons)
Table 27. Ascorbic Acid Market for Magnesium Ascorbate, by Region, 2021-2031 (Revenue, $Million)
Table 28. Ascorbic Acid Market for Magnesium Ascorbate, by Region, 2021-2031 (Volume, Million Tons)
Table 29. Global Magnesium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 30. Global Magnesium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 31. Ascorbic Acid Market for Flavored, by Region, 2021-2031 (Revenue, $Million)
Table 32. Ascorbic Acid Market for Flavored, by Region, 2021-2031 (Volume, Million Tons)
Table 33. Ascorbic Acid Market for Unflavored, by Region, 2021-2031 (Revenue, $Million)
Table 34. Ascorbic Acid Market for Unflavored, by Region, 2021-2031 (Volume, Million Tons)
Table 35. Ascorbic Acid Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 36. Ascorbic Acid Market for Others, by Region, 2021-2031 (Volume, Million Tons)
Table 37. Global Others Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 38. Global Others Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 39. Ascorbic Acid Market for Flavored, by Region, 2021-2031 (Revenue, $Million)
Table 40. Ascorbic Acid Market for Flavored, by Region, 2021-2031 (Volume, Million Tons)
Table 41. Ascorbic Acid Market for Unflavored, by Region, 2021-2031 (Revenue, $Million)
Table 42. Ascorbic Acid Market for Unflavored, by Region, 2021-2031 (Volume, Million Tons)
Table 43. Global Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 44. Ascorbic Acid Market for Food and Beverages, by Region, 2021-2031 (Revenue, $Million)
Table 45. Ascorbic Acid Market for Pharmaceutical, by Region, 2021-2031 (Revenue, $Million)
Table 46. Ascorbic Acid Market for Beauty and Personal Care, by Region, 2021-2031 (Revenue, $Million)
Table 47. Ascorbic Acid Market for Animal Feed, by Region, 2021-2031 (Revenue, $Million)
Table 48. Global Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 49. Ascorbic Acid Market for Powder, by Region, 2021-2031 (Revenue, $Million)
Table 50. Ascorbic Acid Market for Liquid, by Region, 2021-2031 (Revenue, $Million)
Table 51. Ascorbic Acid Market, by Region, 2021-2031 (Revenue, $Million)
Table 52. Ascorbic Acid Market, by Region, 2021-2031 (Volume, Million Tons)
Table 53. North America Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 54. North America Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 55. North America Sodium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 56. North America Sodium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 57. North America Potassium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 58. North America Potassium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 59. North America Calcium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 60. North America Calcium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 61. North America Magnesium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 62. North America Magnesium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 63. North America Others Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 64. North America Others Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 65. North America Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 66. North America Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 67. North America Ascorbic Acid Market, by Country, 2021-2031 (Revenue, $Million)
Table 68. North America Ascorbic Acid Market, by Country, 2021-2031 (Volume, Million Tons)
Table 69. U.S. Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 70. U.S. Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 71. U.S. Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 72. U.S. Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 73. Canada Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 74. Canada Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 75. Canada Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 76. Canada Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 77. Mexico Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 78. Mexico Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 79. Mexico Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 80. Mexico Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 81. Europe Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 82. Europe Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 83. Europe Sodium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 84. Europe Sodium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 85. Europe Potassium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 86. Europe Potassium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 87. Europe Calcium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 88. Europe Calcium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 89. Europe Magnesium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 90. Europe Magnesium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 91. Europe Others Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 92. Europe Others Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 93. Europe Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 94. Europe Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 95. Europe Ascorbic Acid Market, by Country, 2021-2031 (Revenue, $Million)
Table 96. Europe Ascorbic Acid Market, by Country, 2021-2031 (Volume, Million Tons)
Table 97. France Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 98. France Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 99. France Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 100. France Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 101. Germany Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 102. Germany Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 103. Germany Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 104. Germany Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 105. Italy Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 106. Italy Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 107. Italy Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 108. Italy Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 109. Spain Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 110. Spain Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 111. Spain Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 112. Spain Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 113. UK Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 114. UK Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 115. UK Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 116. UK Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 117. Rest of Europe Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 118. Rest of Europe Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 119. Rest of Europe Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 120. Rest of Europe Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 121. Asia-Pacific Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 122. Asia-Pacific Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 123. Asia-Pacific Sodium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 124. Asia-Pacific Sodium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 125. Asia-Pacific Potassium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 126. Asia-Pacific Potassium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 127. Asia-Pacific Calcium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 128. Asia-Pacific Calcium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 129. Asia-Pacific Magnesium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 130. Asia-Pacific Magnesium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 131. Asia-Pacific Others Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 132. Asia-Pacific Others Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 133. Asia-Pacific Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 134. Asia-Pacific Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 135. Asia-Pacific Ascorbic Acid Market, by Country, 2021-2031 (Revenue, $Million)
Table 136. Asia-Pacific Ascorbic Acid Market, by Country, 2021-2031 (Volume, Million Tons)
Table 137. China Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 138. China Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 139. China Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 140. China Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 141. Japan Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 142. Japan Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 143. Japan Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 144. Japan Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 145. India Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 146. India Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 147. India Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 148. India Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 149. South Korea Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 150. South Korea Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 151. South Korea Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 152. South Korea Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 153. Australia Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 154. Australia Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 155. Australia Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 156. Australia Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 157. Rest of Asia-Pacific Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 158. Rest of Asia-Pacific Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 159. Rest of Asia-Pacific Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 160. Rest of Asia-Pacific Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 161. LAMEA Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 162. LAMEA Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 163. LAMEA Sodium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 164. LAMEA Sodium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 165. LAMEA Potassium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 166. LAMEA Potassium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 167. LAMEA Calcium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 168. LAMEA Calcium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 169. LAMEA Magnesium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 170. LAMEA Magnesium Ascorbate Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 171. LAMEA Others Ascorbic Acid Market, by Sub-Type, 2021-2031 (Revenue, $Million)
Table 172. LAMEA Others Ascorbic Acid Market, by Sub-Type, 2021-2031 (Volume, Million Tons)
Table 173. LAMEA Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 174. LAMEA Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 175. LAMEA Ascorbic Acid Market, by Country, 2021-2031 (Revenue, $Million)
Table 176. LAMEA Ascorbic Acid Market, by Country, 2021-2031 (Volume, Million Tons)
Table 177. Latin America Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 178. Latin America Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 179. Latin America Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 180. Latin America Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 181. Middle East Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 182. Middle East Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 183. Middle East Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 184. Middle East Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 185. Africa Ascorbic Acid Market, by Type, 2021-2031 (Revenue, $Million)
Table 186. Africa Ascorbic Acid Market, by Type, 2021-2031 (Volume, Million Tons)
Table 187. Africa Ascorbic Acid Market, by Application, 2021-2031 (Revenue, $Million)
Table 188. Africa Ascorbic Acid Market, by Form, 2021-2031 (Revenue, $Million)
Table 189. Luwei Pharmaceutical Group Co. Ltd: Company Snapshot
Table 189. Luwei Pharmaceutical Group Co. Ltd: Key Executives
Table 190. Luwei Pharmaceutical Group Co. Ltd: Operating Segments
Table 191. Luwei Pharmaceutical Group Co. Ltd: Product Portfolio
Table 192. Luwei Pharmaceutical Group Co. Ltd: Net Sales
Table 193. Luwei Pharmaceutical Group Co. Ltd: Key Stratergies
Table 195. Merck Kgaa: Company Snapshot
Table 195. Merck Kgaa: Key Executives
Table 196. Merck Kgaa: Operating Segments
Table 197. Merck Kgaa: Product Portfolio
Table 198. Merck Kgaa: Net Sales
Table 199. Merck Kgaa: Key Stratergies
Table 201. Medisca Inc.: Company Snapshot
Table 201. Medisca Inc.: Key Executives
Table 202. Medisca Inc.: Operating Segments
Table 203. Medisca Inc.: Product Portfolio
Table 204. Medisca Inc.: Net Sales
Table 205. Medisca Inc.: Key Stratergies
Table 207. Vega Group Company Limited: Key Executives
Table 207. Vega Group Company Limited: Company Snapshot
Table 208. Vega Group Company Limited: Operating Segments
Table 209. Vega Group Company Limited: Product Portfolio
Table 210. Vega Group Company Limited: Net Sales
Table 211. Vega Group Company Limited: Key Stratergies
Table 213. Chemceed: Key Executives
Table 213. Chemceed: Company Snapshot
Table 214. Chemceed: Operating Segments
Table 215. Chemceed: Product Portfolio
Table 216. Chemceed: Net Sales
Table 217. Chemceed: Key Stratergies
Table 219. Reckon Organics Private Ltd.: Key Executives
Table 219. Reckon Organics Private Ltd.: Company Snapshot
Table 220. Reckon Organics Private Ltd.: Operating Segments
Table 221. Reckon Organics Private Ltd.: Product Portfolio
Table 222. Reckon Organics Private Ltd.: Net Sales
Table 223. Reckon Organics Private Ltd.: Key Stratergies
Table 225. Superior Supplement Manufacturing: Key Executives
Table 225. Superior Supplement Manufacturing: Company Snapshot
Table 226. Superior Supplement Manufacturing: Operating Segments
Table 227. Superior Supplement Manufacturing: Product Portfolio
Table 228. Superior Supplement Manufacturing: Net Sales
Table 229. Superior Supplement Manufacturing: Key Stratergies
Table 231. Cspc Pharmaceutical Group Limited: Key Executives
Table 231. Cspc Pharmaceutical Group Limited: Company Snapshot
Table 232. Cspc Pharmaceutical Group Limited: Operating Segments
Table 233. Cspc Pharmaceutical Group Limited: Product Portfolio
Table 234. Cspc Pharmaceutical Group Limited: Net Sales
Table 235. Cspc Pharmaceutical Group Limited: Key Stratergies
Table 237. Fujifilm Corporation: Company Snapshot
Table 237. Fujifilm Corporation: Key Executives
Table 238. Fujifilm Corporation: Operating Segments
Table 239. Fujifilm Corporation: Product Portfolio
Table 240. Fujifilm Corporation: Net Sales
Table 241. Fujifilm Corporation: Key Stratergies
Table 243. Muby Chemicals: Key Executives
Table 243. Muby Chemicals: Company Snapshot
Table 244. Muby Chemicals: Operating Segments
Table 245. Muby Chemicals: Product Portfolio
Table 246. Muby Chemicals: Net Sales
Table 247. Muby Chemicals: Key Stratergies
Table 249. Aland Health Holding Ltd: Key Executives
Table 249. Aland Health Holding Ltd: Company Snapshot
Table 250. Aland Health Holding Ltd: Operating Segments
Table 251. Aland Health Holding Ltd: Product Portfolio
Table 252. Aland Health Holding Ltd: Net Sales
Table 253. Aland Health Holding Ltd: Key Stratergies
Table 255. Bactolac Pharmaceutical Inc.: Key Executives
Table 255. Bactolac Pharmaceutical Inc.: Company Snapshot
Table 256. Bactolac Pharmaceutical Inc.: Operating Segments
Table 257. Bactolac Pharmaceutical Inc.: Product Portfolio
Table 258. Bactolac Pharmaceutical Inc.: Net Sales
Table 259. Bactolac Pharmaceutical Inc.: Key Stratergies
Table 261. Foodchem International Corporation: Key Executives
Table 261. Foodchem International Corporation: Company Snapshot
Table 262. Foodchem International Corporation: Operating Segments
Table 263. Foodchem International Corporation: Product Portfolio
Table 264. Foodchem International Corporation: Net Sales
Table 265. Foodchem International Corporation: Key Stratergies
Table 267. Botanic Healthcare: Company Snapshot
Table 267. Botanic Healthcare: Key Executives
Table 268. Botanic Healthcare: Operating Segments
Table 269. Botanic Healthcare: Product Portfolio
Table 270. Botanic Healthcare: Net Sales
Table 271. Botanic Healthcare: Key Stratergies
Table 273. Acp Chemicals Inc: Key Executives
Table 273. Acp Chemicals Inc: Company Snapshot
Table 274. Acp Chemicals Inc: Operating Segments
Table 275. Acp Chemicals Inc: Product Portfolio
Table 276. Acp Chemicals Inc: Net Sales
Table 277. Acp Chemicals Inc: Key Stratergies
Table 279. Pharmavit: Key Executives
Table 279. Pharmavit: Company Snapshot
Table 280. Pharmavit: Operating Segments
Table 281. Pharmavit: Product Portfolio
Table 282. Pharmavit: Net Sales
Table 283. Pharmavit: Key Stratergies
Table 285. Northeast Pharmaceutical Group Co. Ltd.: Key Executives
Table 285. Northeast Pharmaceutical Group Co. Ltd.: Company Snapshot
Table 286. Northeast Pharmaceutical Group Co. Ltd.: Operating Segments
Table 287. Northeast Pharmaceutical Group Co. Ltd.: Product Portfolio
Table 288. Northeast Pharmaceutical Group Co. Ltd.: Net Sales
Table 289. Northeast Pharmaceutical Group Co. Ltd.: Key Stratergies
Table 291. Koninklijke Dsm N.V.: Key Executives
Table 291. Koninklijke Dsm N.V.: Company Snapshot
Table 292. Koninklijke Dsm N.V.: Operating Segments
Table 293. Koninklijke Dsm N.V.: Product Portfolio
Table 294. Koninklijke Dsm N.V.: Net Sales
Table 295. Koninklijke Dsm N.V.: Key Stratergies
Table 297. Blagden Specialty Chemicals Ltd.: Key Executives
Table 297. Blagden Specialty Chemicals Ltd.: Company Snapshot
Table 298. Blagden Specialty Chemicals Ltd.: Operating Segments
Table 299. Blagden Specialty Chemicals Ltd.: Product Portfolio
Table 300. Blagden Specialty Chemicals Ltd.: Net Sales
Table 301. Blagden Specialty Chemicals Ltd.: Key Stratergies
Table 303. Glanbia plc: Key Executives
Table 303. Glanbia plc: Company Snapshot
Table 304. Glanbia plc: Operating Segments
Table 305. Glanbia plc: Product Portfolio
Table 306. Glanbia plc: Net Sales
Table 307. Glanbia plc: Key Stratergies
List of Figures
Figure 1. Segmentation of Ascorbic Acid Market, 2021-2031
Figure 2. Ascorbic Acid Market, 2021-2031
Figure 3. Top Investment Pockets, by Region
Figure 4. Porter Five-1
Figure 5. Porter Five-2
Figure 6. Porter Five-3
Figure 7. Porter Five-4
Figure 8. Porter Five-5
Figure 9. Ascorbic Acid Market: Drivers, Restraints and Opportunities
Figure 10. Regulatory Guidelines
Figure 11. Ascorbic Acid Market, by Type, 2021 (%)
Figure 12. Comparative Share Analysis of Sodium Ascorbate Ascorbic Acid Market, 2021 and 2031 (%)
Figure 13. Comparative Share Analysis of Potassium Ascorbate Ascorbic Acid Market, 2021 and 2031 (%)
Figure 14. Comparative Share Analysis of Calcium Ascorbate Ascorbic Acid Market, 2021 and 2031 (%)
Figure 15. Comparative Share Analysis of Magnesium Ascorbate Ascorbic Acid Market, 2021 and 2031 (%)
Figure 16. Comparative Share Analysis of Others Ascorbic Acid Market, 2021 and 2031 (%)
Figure 17. Ascorbic Acid Market, by Application, 2021 (%)
Figure 18. Comparative Share Analysis of Food and Beverages Ascorbic Acid Market, 2021 and 2031 (%)
Figure 19. Comparative Share Analysis of Pharmaceutical Ascorbic Acid Market, 2021 and 2031 (%)
Figure 20. Comparative Share Analysis of Beauty and Personal Care Ascorbic Acid Market, 2021 and 2031 (%)
Figure 21. Comparative Share Analysis of Animal Feed Ascorbic Acid Market, 2021 and 2031 (%)
Figure 22. Ascorbic Acid Market, by Form, 2021 (%)
Figure 23. Comparative Share Analysis of Powder Ascorbic Acid Market, 2021 and 2031 (%)
Figure 24. Comparative Share Analysis of Liquid Ascorbic Acid Market, 2021 and 2031 (%)
Figure 25. Ascorbic Acid Market by Region, 2021
Figure 26. U.S. Ascorbic Acid Market, 2021-2031 ($Million)
Figure 27. Canada Ascorbic Acid Market, 2021-2031 ($Million)
Figure 28. Mexico Ascorbic Acid Market, 2021-2031 ($Million)
Figure 29. France Ascorbic Acid Market, 2021-2031 ($Million)
Figure 30. Germany Ascorbic Acid Market, 2021-2031 ($Million)
Figure 31. Italy Ascorbic Acid Market, 2021-2031 ($Million)
Figure 32. Spain Ascorbic Acid Market, 2021-2031 ($Million)
Figure 33. Uk Ascorbic Acid Market, 2021-2031 ($Million)
Figure 34. Rest of Europe Ascorbic Acid Market, 2021-2031 ($Million)
Figure 35. China Ascorbic Acid Market, 2021-2031 ($Million)
Figure 36. Japan Ascorbic Acid Market, 2021-2031 ($Million)
Figure 37. India Ascorbic Acid Market, 2021-2031 ($Million)
Figure 38. South Korea Ascorbic Acid Market, 2021-2031 ($Million)
Figure 39. Australia Ascorbic Acid Market, 2021-2031 ($Million)
Figure 40. Rest of Asia-Pacific Ascorbic Acid Market, 2021-2031 ($Million)
Figure 41. Latin America Ascorbic Acid Market, 2021-2031 ($Million)
Figure 42. Middle East Ascorbic Acid Market, 2021-2031 ($Million)
Figure 43. Africa Ascorbic Acid Market, 2021-2031 ($Million)
Figure 44. Top Winning Strategies, by Year
Figure 45. Top Winning Strategies, by Development
Figure 46. Top Winning Strategies, by Company
Figure 47. Product Mapping of Top 10 Players
Figure 48. Competitive Dashboard
Figure 49. Competitive Heatmap of Top 10 Key Players
Figure 50. Top Player Positioning, 2021
Figure 51. Luwei Pharmaceutical Group Co. Ltd.: Net Sales ($Million)
Figure 52. Merck Kgaa.: Net Sales ($Million)
Figure 53. Medisca Inc..: Net Sales ($Million)
Figure 54. Vega Group Company Limited.: Net Sales ($Million)
Figure 55. Chemceed.: Net Sales ($Million)
Figure 56. Reckon Organics Private Ltd..: Net Sales ($Million)
Figure 57. Superior Supplement Manufacturing.: Net Sales ($Million)
Figure 58. Cspc Pharmaceutical Group Limited.: Net Sales ($Million)
Figure 59. Fujifilm Corporation.: Net Sales ($Million)
Figure 60. Muby Chemicals.: Net Sales ($Million)
Figure 61. Aland Health Holding Ltd.: Net Sales ($Million)
Figure 62. Bactolac Pharmaceutical Inc..: Net Sales ($Million)
Figure 63. Foodchem International Corporation.: Net Sales ($Million)
Figure 64. Botanic Healthcare.: Net Sales ($Million)
Figure 65. Acp Chemicals Inc.: Net Sales ($Million)
Figure 66. Pharmavit.: Net Sales ($Million)
Figure 67. Northeast Pharmaceutical Group Co. Ltd..: Net Sales ($Million)
Figure 68. Koninklijke Dsm N.V..: Net Sales ($Million)
Figure 69. Blagden Specialty Chemicals Ltd..: Net Sales ($Million)
Figure 70. Glanbia plc.: Net Sales ($Million)
Executive Summary
According to the report titled, “Ascorbic Acid Market," The ascorbic acid market was valued at $1.3 billion in 2021, and is estimated to reach $2.2 billion by 2031, growing at a CAGR of 5.2% from 2022 to 2031.Ascorbic acid (C6H8O6) is naturally formed from citrus fruits such as lemons, grapefruit, limes, and others. It is synthesized artificially by the fungus Aspergillus Niger and Candida lipolytica, which generates more ascorbic acid than the others. Ascorbic acid comes in several variants: sodium ascorbate, potassium ascorbate, calcium ascorbate, magnesium ascorbate, and others. Sodium ascorbate is the most common type used to provide a sour and nutritional flavor to food & beverages, and also serves as a preservative, pH indicator, antioxidant, and coloring agent.
Increase in demand for functional food & beverages is a key driver for the ascorbic acid market across the globe. Moreover, innovative technologies, the introduction of production techniques, and a heavy inflow of investments in R&D activities are the other factors that are expected to contribute to growth of the ascorbic acid market. There is an upcoming trend of using natural flavor essence such as ascorbic acid, owing to a rise in health awareness. Furthermore, rise in demand for stabilizers and antioxidant food ingredients across European countries to produce commercialized clean label or green food products that are free of additives and other harmful chemicals, propel the growth of the natural ascorbic acid regulators. Technological strides make it possible for manufacturers to develop innovative flavors to cater to the change in customer taste requirements. Applications of advanced technologies provide innovative and novel tastes in food. Innovation in ascorbic acid production and the growth in their demand across emerging economies are expected to open new opportunities for the market players in during the forecast period.
The production of ascorbic acid is a complex procedure that must adhere to the several requirements imposed by the governments of different nations in the world. National and international scientific bodies and laboratories rigorously examine ascorbic acid as a food additive. The worldwide Joint FAO/WHO Expert Committee on Food Additives (JECFA), the European Food Safety Authority (EFSA), and state agencies are among the independent bodies. In Europe, the European Food Safety Authority (EFSA) is in charge of checking such substances at each stage of manufacturing and has published rules on how much quantity can be used in food & beverages. In addition, the Food and Drug Administration has recommended a list of ascorbic acids that are acceptable for use within its respective constraints. Stringent government regulations on the production of ascorbic acid interrupts marketing activities and results in a procedural delay to reach the market that is impacting demand-supply gap of the market negatively.
The ascorbic acid market is segmented into type, form, application, and region. On the basis of type, the market is divided into sodium ascorbate, potassium ascorbate, calcium ascorbate magnesium ascorbate, and others. On the basis of form, the market is bifurcated into powder and liquid. On the basis of application, it is divided into food and beverages, pharmaceuticals, beauty & personal care, and animal feed. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (France, Germany, Italy, Spain, UK, and the Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). According to ascorbic acid market analysis, on the basis of form, the powder segment has gained a major share in the global market in 2021 and is expected to sustain its hold during the forecast period.
- On the basis of application, the food & beverages segment has dominated the ascorbic acid market. The beverages market is one of the top growing markets globally, with the increase in population, rise in popularity of flavored carbonated drinks, and rise in product launches by the beverage manufacturers.
- On the basis of region, Asia-Pacific dominated the ascorbic acid market in 2021 and is expected to remain dominant during the forecast period. Asia-Pacific consumers acknowledge the consumption of packaged food as they help to save time & replenish hunger. China is the largest ascorbic acid manufacturing country in the world and has the highest share of export for ascorbic acid. The market for ascorbic acid is expected to grow with evolving regulatory dynamics in the China and an increase in demand for natural variants.
- Key players profiled in this report include Koninklijke DSM N.V., Northeast Pharmaceutical Group Co., CSPC Pharmaceutical Group Limited, Muby Chemicals, Shandong Luwei Pharmaceutical, Glanbia Nutritionals China (Suzhou) Co., Ltd., Lab
- Chem Inc., Merck KGa
- A, Foodchem International Corporation, Blagden Speciality Chemicals Ltd., Bactolac Pharmaceutical Inc., Aland Nutraceuticals Group, Fujifilm, Medisca Inc., Superior Supplement Manufacturing, Pharmavit, Reckon Organics Pvt. Ltd., Chem
- Ceed LLC, Botanic Healthcare, and Vega Group company limited.
Companies Mentioned
- Luwei Pharmaceutical Group Co., Ltd
- Merck KGaA
- Medisca Inc.
- Vega Group company limited
- Chemceed
- Reckon Organics Private Ltd.
- Superior Supplement Manufacturing
- CSPC Pharmaceutical Group Limited
- FUJIFILM Corporation
- Muby Chemicals
- Aland Health Holding Ltd
- Bactolac Pharmaceutical Inc.
- Foodchem International Corporation
- Botanic Healthcare
- ACP Chemicals Inc
- Pharmavit
- Northeast Pharmaceutical Group Co., Ltd.
- Koninklijke DSM N.V.
- Blagden Specialty Chemicals Ltd.
- Glanbia PLC
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 370 |
| Published | December 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 1.3 billion |
| Forecasted Market Value ( USD | $ 2.2 billion |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 20 |
