Global Ascorbic Acid Market 2020-2024

Ascorbic Acid Market 2020-2024

Technavio has been monitoring the ascorbic acid market, and it is poised to grow by USD 2.09 bn during 2020-2024, progressing at a CAGR of 3%% during the forecast period. Our reports on the ascorbic acid market provide 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 global market scenario, latest trends and drivers, and the overall market environment. reference among the millennial population is anticipated to boost the growth of the ascorbic acid market as well.

Market Segmentation

Technavio’s ascorbic acid market is segmented as below:

Distribution Channel

  • Online
  • Offline
Geographic segmentation
  • APAC
  • Europe
  • North America
  • South America
  • EMEA
Key Trends for ascorbic acid market growth

This study identifies preference among the millennial population as the prime reasons driving the ascorbic acid market growth during the next few years.

Prominent vendors in ascorbic acid market

We provide a detailed analysis of around 25 vendors operating in the ascorbic acid market, including some of the vendors such as LUXOTTICA GROUP, Safilo Group, Essilor, LVMH, and MAUI JIM.

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.

About Technavio

Technavio presents a detailed picture of the market by 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. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global commodity chemicals market
      • Table Segments of global commodity chemicals market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
    • Value Chain Analysis
  • Market sizing
    • Market definition
      • Table Key vendor offerings
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2019
      • Table Market size 2019
    • Market Outlook
    • Market size and forecast 2019-2024
      • Table Global market: Size and forecast 2019-2024 ($ millions)
      • Table Global market: Year-over-year growth 2020-2024 (%)
  • Five forces analysis
    • Table Five forces analysis 2019
    • Table Five forces analysis 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market segmentation by end-user
    • Table End-user - Market share 2019-2024 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Pharmaceutical - Market size and forecast 2019-2024
      • Table Pharmaceutical - Market size and forecast 2019-2024 ($ millions)
      • Table Pharmaceutical - Year-over-year growth 2020-2024 (%)
    • Food and beverages - Market size and forecast 2019-2024
      • Table Food and beverages - Market size and forecast 2019-2024 ($ millions)
      • Table Food and beverages - Year-over-year growth 2020-2024 (%)
    • Personal care - Market size and forecast 2019-2024
      • Table Personal care - Market size and forecast 2019-2024 ($ millions)
      • Table Personal care - Year-over-year growth 2020-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ millions)
      • Table Others - Year-over-year growth 2020-2024 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ millions)
      • Table Europe - Year-over-year growth 2020-2024 (%)
    • North America - Market size and forecast 2019-2024
      • Table North America - Market size and forecast 2019-2024 ($ millions)
      • Table North America - Year-over-year growth 2020-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ millions)
      • Table APAC - Year-over-year growth 2020-2024 (%)
    • South America - Market size and forecast 2019-2024
      • Table South America - Market size and forecast 2019-2024 ($ millions)
      • Table South America - Year-over-year growth 2020-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ millions)
      • Table MEA - Year-over-year growth 2020-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision Framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Prices of corn January-October 2018 (per bushel in $)
      • Table Impact of drivers and challenges
  • Market trends
    • Growing popularity of organic food additives
    • Growing demand from emerging applications
    • Increasing demand for meat and poultry
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • CSPC Pharmaceutical Group Ltd.
      • Table CSPC Pharmaceutical Group Ltd. - Vendor overview
      • Table CSPC Pharmaceutical Group Ltd. - Business segments
      • Table CSPC Pharmaceutical Group Ltd. - Geographic focus
      • Table CSPC Pharmaceutical Group Ltd. - Segment focus
      • Table CSPC Pharmaceutical Group Ltd. - Key offerings
    • FUJIFILM Wako Pure Chemical Corp.
      • Table FUJIFILM Wako Pure Chemical Corp. - Vendor overview
      • Table FUJIFILM Wako Pure Chemical Corp. - Business segments
      • Table FUJIFILM Wako Pure Chemical Corp. - Key offerings
    • GFS Chemicals Inc.
      • Table GFS Chemicals Inc. - Vendor overview
      • Table GFS Chemicals Inc. - Business segments
      • Table GFS Chemicals Inc. - Organizational developments
      • Table GFS Chemicals Inc. - Key offerings
    • Haviland Enterprises Inc.
      • Table Haviland Enterprises Inc. - Vendor overview
      • Table Haviland Enterprises Inc. - Business segments
      • Table Haviland Enterprises Inc. - Organizational developments
      • Table Haviland Enterprises Inc. - Key offerings
    • Hydrite Chemical Co.
      • Table Hydrite Chemical Co. - Vendor overview
      • Table Hydrite Chemical Co. - Business segments
      • Table Hydrite Chemical Co. - Organizational developments
      • Table Hydrite Chemical Co. - Key offerings
    • Jiangsu Chengxin Pharmaceutical Co. Ltd.
      • Table Jiangsu Chengxin Pharmaceutical Co. Ltd. - Vendor overview
      • Table Jiangsu Chengxin Pharmaceutical Co. Ltd. - Business segments
      • Table Jiangsu Chengxin Pharmaceutical Co. Ltd. - Key offerings
    • Koninklijke DSM NV
      • Table Koninklijke DSM NV - Vendor overview
      • Table Koninklijke DSM NV - Business segments
      • Table Koninklijke DSM NV - Organizational developments
      • Table Koninklijke DSM NV - Geographic focus
      • Table Koninklijke DSM NV - Segment focus
      • Table Koninklijke DSM NV - Key offerings
    • Northeast Pharmaceutical Group Co. Ltd.
      • Table Northeast Pharmaceutical Group Co. Ltd. - Vendor overview
      • Table Northeast Pharmaceutical Group Co. Ltd. - Business segments
      • Table Northeast Pharmaceutical Group Co. Ltd. - Key offerings
    • Shandong Lianmeng International Trade Co. Ltd.
      • Table Shandong Lianmeng International Trade Co. Ltd. - Vendor overview
      • Table Shandong Lianmeng International Trade Co. Ltd. - Business segments
      • Table Shandong Lianmeng International Trade Co. Ltd. - Key offerings
    • Spectrum Chemical Mfg. Corp.
      • Table Spectrum Chemical Mfg. Corp. - Vendor overview
      • Table Spectrum Chemical Mfg. Corp. - Business segments
      • Table Spectrum Chemical Mfg. Corp. - Organizational developments
      • Table Spectrum Chemical Mfg. Corp. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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