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Global Ascorbic Acid Market 2024-2028

Publisher TechNavio
Published Mar 22, 2024
Length 177 Pages
SKU # INF18674267

Description

Global Ascorbic Acid Market 2024-2028


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.

Technavio's 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.

Table of Contents

177 Pages
    • Market overview
    • Market ecosystem
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
    • Global ascorbic acid market 2018 - 2022
    • Variant Segment Analysis 2018 - 2022
    • End-user Segment Analysis 2018 - 2022
    • Geography Segment Analysis 2018 - 2022
    • Country Segment Analysis 2018 - 2022
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by Variant
    • Powder - Market size and forecast 2023-2028
    • Liquid - Market size and forecast 2023-2028
    • Market opportunity by Variant
    • Market segments
    • Comparison by End-user
    • Pharmaceutical - Market size and forecast 2023-2028
    • Food and beverages - Market size and forecast 2023- 2028
    • Personal care - Market size and forecast 2023-2028
    • Others - Market size and forecast 2023-2028
    • Market opportunity by End-user
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • Europe - Market size and forecast 2023-2028
    • North America - Market size and forecast 2023-2028
    • APAC - Market size and forecast 2023-2028
    • South America - Market size and forecast 2023-2028
    • Middle East and Africa - Market size and forecast 2023- 2028
    • US - Market size and forecast 2023-2028
    • China - Market size and forecast 2023-2028
    • Germany - Market size and forecast 2023-2028
    • UK - Market size and forecast 2023-2028
    • Japan - Market size and forecast 2023-2028
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market trends
    • Overview
    • Vendor landscape
    • Landscape disruption
    • Industry risks
    • Vendors covered
    • Market positioning of vendors
    • Avantor Inc
    • Central Drug House P Ltd.
    • Foodchem International Corp.
    • FUJIFILM Corp.
    • GFS Chemicals Inc.
    • Glanbia plc
    • Hydrite Chemical Co.
    • Illinois Tool Works Inc.
    • Koninklijke DSM NV
    • Merck KGaA
    • Muby Chemicals
    • Otto Chemie Pvt. Ltd.
    • Spectrum Laboratory Products Inc.
    • Thermo Fisher Scientific Inc.
    • Univar Solutions Inc.
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

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