As per this study, the Global Vitamin C Market was valued USD XX MN (by revenue) in 2019 and is anticipated to reach USD XX MN by 2026 with a CAGR of XX%.
Vitamin C is also known as ascorbic acid and found in various vegetables and fruits. It is a water-soluble nutrient and has excellent anti-oxidant properties helps to fight against infection, heal the wound and keep tissue healthy in the body. Basically, vitamin C has used a dietary supplement which is available in various forms such as a tablet, powder, and liquid. In addition, vitamin C is widely used for food fortification in juices & sports drinks, convenience foods, functional food & beverages, confectionery products, and bakery products. The end-user of vitamin c are food & beverages, pharmaceutical, cosmetics & personal care, and pet food industry.
The market of vitamin C is mainly growing on the ground of increasing application across various end-user industries such as cosmetic, animal feed, pharmaceutical, and food industries. Increasing demand for dietary supplement along with the rising usage of the product as preservative across the food and beverage industry is also expected to expand the industry growth. The increasing prevalence of the skin-related disease is fueling the demand for vitamin C which is also projected to propel the market growth. Additionally, growing demand for anti-aging cremes, sunscreen lotions, and other bio-based cosmetic products owing to varying climatic dynamics are expected to boost the demand for vitamin C over the forecast period.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of vitamin c.
The broad vitamin c market has been sub-grouped into form, type, and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Sodium Ascorbate
- Calcium Ascorbate
- Potassium Ascorbate
- Magnesium Ascorbate
- D-Isoascorbic Acid
- Food And Beverage
- Animal Feed
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for vitamin c in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Vitamin C Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the vitamin c market include Abbott Laboratories, Amway, BASF, Bayer AG, Danisco, DuPont, GlaxoSmithKline Plc, and Nutraceutics Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.