Global Ascorbic Acid Market, By Product (Capsules, Powders, Tablets, Others), By Application (Childr

Published Date: | Report Code : CH1958525

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Increasing purchasing power, changing lifestyles and dietary habits across the globe are the key driving factor of this market. The vitamin deficiency concerns and health consciousness are expected to fuel the demand for global Ascorbic Acid Market. It also acts as a substitute for sweeteners.

Ascorbic acid is also called as vitamin c, it is found in various foods and sold as a dietary supplement. It is used to prevent & treat scurvy. Vitamin C is a vital nutrient involved in the repair of tissue and the enzymatic production of certain neurotransmitters. Vitamin c is also required for the functioning of several enzymes. It is very important for immune system functioning and also functions as an antioxidant. It is unclear whether supplementation affects the risk of cancer, cardiovascular disease, and dementia. Vitamin C is well tolerated. large or extra doses may cause gastrointestinal discomfort, trouble sleeping, headache, and flushing of the skin. Proper doses are safe and fine during pregnancy. It is consumed by mouth or by injection.

Ascorbic acid, is used in various important end-use industries. The market is divided on the base of end-user into pharmaceuticals, food & beverages, personal care, and others. In terms of the pharmaceutical industry, ascorbic acid finds a major application in the manufacturing of antioxidants. In the food & beverage industry, it is growing at a high rate, owing to the rising health issues, it is acting as a substitute for sweeteners. Vitamin C & its salts are used in various cosmetics and personal care product formulation, owing to slow deterioration caused by exposure to the air and their ability to control finished product pH. Vitamin C rejuvenates skin & reduces wrinkles, and aging. There is an increasing demand for anti-aging creams, sunscreen lotions, and other bio-based products.

Key Factors Impacting Market Growth:

  • Vitamin deficiency concerns

  • Rising concern for health issues

  • Substitute for sweeteners

  • Rising demand for anti-aging products

Regional Analysis

On the basis of the region, the ascorbic acid market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe being some of major markets are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe. This region has been witnessing number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regards environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include US, Germany, UK, France, Canada, Italy, Spain, and so on.

Asia Pacific and Middle East are expected to register substantial growth in ascorbic acid market during the forecast period. This demand is with regards to the growth of major Applications such as Children, Adult. Major countries in Asia Pacific region include China, South Korea, Japan, India, Australia, and So on. Middle East includes UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region. Rest the World that includes South America and Africa has a strong potential for ascorbic acid market. There has been increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for ascorbic acid market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: BASF SE, DSM, DuPont, Northeast Pharmaceutical Group, Bactolac Pharmaceutical Inc, CSPC Pharmaceutical Group, Hebei Welcome Pharmaceutical Co, North China Pharmaceutical Group, Dishman Group, Aland Nutraceuticals Group, NBTY Inc., GlaxoSmithKline Plc., and Shandong Luwei Pharmaceutical...

Market Segmentation:

By Product :

  • Capsules

  • Powders

  • Tablets

  • Others

By Application:

  • Children

  • Adult

By End-User:

  • Pharmaceutical

  • Food & beverages

  • Personal Care

  • Others

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Product

    • By Application

    • By End-User

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Product

    • By Application

    • By End-User

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Product

    • By Application

    • By End-User

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Product

    • By Application

    • By End-User

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Product

    • By Application

    • By End-User

  • Rest of the World

    • By Region (South America, Africa)

    • By Product

    • By Application

    • By End-User

Reasons to Buy This Report:

  • Market size estimation of the global ascorbic acid market on regional and global basis

  • Unique research Usage for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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