Vitamin C Market Report Expects the Market Value of USD 1575 Million BY 2026
Posted On March 05, 2020
The Global Vitamin C Market is anticipated to grow at a compound annual growth rate CAGR of 4.6% during 2020-2026 while it was close to USD 1300 Million in 2019. The market will outgrow to USD 1575 Million by 2026 as per the research conducted by Value Market Research. The widespread use of Vitamin C in cosmetics industry, pharmaceutical industry, as animal feed, and in processed food industry is the leading factor for its high growth in the past few years. Vitamin C works against infections and has properties to support and strengthen the immune system. These properties make it widely applicable in the pharmaceutical industries. Vitamin C is consumed by cosmetics and personal care products manufacturing companies worldwide, as it is used for skin rejuvenation and anti-wrinkle properties. Its demand is rising in food and feed industry due to its anti-oxidants properties.
Vitamin C or ascorbic acid is found in fruits and vegetables and is known to support and maintain skeletal system of the body. It is considered an essential supplement in diet, due to its healing and repairing properties. Its antioxidants properties make it a valuable ingredient for many industries in the healthcare domain as it works well against chronic diseases. Its presence in the diet also assists in iron absorption.
The "Global Vitamin C Market Report By Form (Tonic, Tablet, and Injection), Type (Sodium Ascorbate, Calcium Ascorbate, Potassium Ascorbate, Magnesium Ascorbate, D-Isoascorbic Acid, and Others), Application (Pharmaceutical, Cosmetics, Food And Beverage, and Animal Feed) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2019-2026" provides statistical data on the basis of revenue/or volume as well as qualitative data gathered from reliable sources. The geo-economical factiors and historic Vitamin C industry trends are analysed to foresee and predict the forecasts for next six years.
On the basis of form the vitamin c market is segmented into tonic, tablet and injection.
On the basis of type the vitamin c market is segmented into sodium ascorbate, calcium ascorbate, potassium ascorbate, magnesium ascorbate, D-isoascorbic acid and others.
On the basis of application the vitamin c market is segmented into pharmaceutical, cosmetics, food and beverage and animal feed.
The research study is broadly segmented as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. The revenue and/ volume data distribution is covered in detail in the report.
The Report Segments Global Vitamin C Market -
- Sodium Ascorbate
- Calcium Ascorbate
- Potassium Ascorbate
- Magnesium Ascorbate
- D-Isoascorbic Acid
- Food And Beverage
- Animal Feed
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Abbott Laboratories, Amway, BASF, Bayer AG, Danisco, DuPont, GlaxoSmithKline Plc, and Nutraceutics Inc.
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