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Ascorbic Acid-Global Market Insights and Sales Trends 2024
Synopsis
Ascorbic acid (Vitamin C), an essential nutrient found mainly in fruits and vegetables. The body requires ascorbic acid in order to form and maintain bones, blood vessels, and skin. Ascorbic acid also promotes the healing of cuts, abrasions and wounds; helps fight infections; inhibits conversion of irritants in smog, tobacco smoke, and certain foods into cancer-causing substances; appears to lessen the risk of developing high blood pressure and heart disease; helps regulate cholesterol levels; prevents the development of scurvy; appears to lower the risk of developing cataracts; and aids in iron absorption. Ascorbic acid can cause adverse reactions when taken with some drugs.
The global Ascorbic Acid market size is expected to reach US$ 1941.9 million by 2029, growing at a CAGR of 4.8% from 2023 to 2029. The market is mainly driven by the significant applications of Ascorbic Acid in various end use industries. The expanding demands from the Pharmaceuticals, Food and Beverages, Personal Care and Others, are propelling Ascorbic Acid market. Tablets, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Capsules segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Ascorbic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Ascorbic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Ascorbic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Ascorbic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Ascorbic Acid covered in this report include Nestle, North China Pharmaceutical, Aland Nutraceuticals Group, Dishman Group, DSM and Shandong Luwei Pharmaceutical, etc.
The global Ascorbic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Nestle
North China Pharmaceutical
Aland Nutraceuticals Group
Dishman Group
DSM
Shandong Luwei Pharmaceutical
Global Ascorbic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Ascorbic Acid market, Segment by Type:
Tablets
Capsules
Others
Global Ascorbic Acid market, by Application
Pharmaceuticals
Food and Beverages
Personal Care
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Ascorbic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Ascorbic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Ascorbic acid (Vitamin C), an essential nutrient found mainly in fruits and vegetables. The body requires ascorbic acid in order to form and maintain bones, blood vessels, and skin. Ascorbic acid also promotes the healing of cuts, abrasions and wounds; helps fight infections; inhibits conversion of irritants in smog, tobacco smoke, and certain foods into cancer-causing substances; appears to lessen the risk of developing high blood pressure and heart disease; helps regulate cholesterol levels; prevents the development of scurvy; appears to lower the risk of developing cataracts; and aids in iron absorption. Ascorbic acid can cause adverse reactions when taken with some drugs.
The global Ascorbic Acid market size is expected to reach US$ 1941.9 million by 2029, growing at a CAGR of 4.8% from 2023 to 2029. The market is mainly driven by the significant applications of Ascorbic Acid in various end use industries. The expanding demands from the Pharmaceuticals, Food and Beverages, Personal Care and Others, are propelling Ascorbic Acid market. Tablets, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Capsules segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Ascorbic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Ascorbic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Ascorbic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Ascorbic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Ascorbic Acid covered in this report include Nestle, North China Pharmaceutical, Aland Nutraceuticals Group, Dishman Group, DSM and Shandong Luwei Pharmaceutical, etc.
The global Ascorbic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Nestle
North China Pharmaceutical
Aland Nutraceuticals Group
Dishman Group
DSM
Shandong Luwei Pharmaceutical
Global Ascorbic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Ascorbic Acid market, Segment by Type:
Tablets
Capsules
Others
Global Ascorbic Acid market, by Application
Pharmaceuticals
Food and Beverages
Personal Care
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Ascorbic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Ascorbic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Ascorbic Acid Market Overview
1.1 Ascorbic Acid Product Overview
1.2 Ascorbic Acid Market Segment by Type
1.2.1 Tablets
1.2.2 Capsules
1.2.3 Others
1.3 Global Ascorbic Acid Market Size by Type
1.3.1 Global Ascorbic Acid Market Size Overview by Type (2018-2029)
1.3.2 Global Ascorbic Acid Historic Market Size Review by Type (2018-2023)
1.3.3 Global Ascorbic Acid Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Ascorbic Acid Sales Breakdown by Type (2018-2023)
1.4.2 Europe Ascorbic Acid Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Ascorbic Acid Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Ascorbic Acid Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Ascorbic Acid Sales Breakdown by Type (2018-2023)
2 Global Ascorbic Acid Market Competition by Company
2.1 Global Top Players by Ascorbic Acid Sales (2018-2023)
2.2 Global Top Players by Ascorbic Acid Revenue (2018-2023)
2.3 Global Top Players by Ascorbic Acid Price (2018-2023)
2.4 Global Top Manufacturers Ascorbic Acid Manufacturing Base Distribution, Sales Area, Product Type
2.5 Ascorbic Acid Market Competitive Situation and Trends
2.5.1 Ascorbic Acid Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Ascorbic Acid Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Ascorbic Acid as of 2022)
2.7 Date of Key Manufacturers Enter into Ascorbic Acid Market
2.8 Key Manufacturers Ascorbic Acid Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Ascorbic Acid Status and Outlook by Region
3.1 Global Ascorbic Acid Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Ascorbic Acid Historic Market Size by Region
3.2.1 Global Ascorbic Acid Sales in Volume by Region (2018-2023)
3.2.2 Global Ascorbic Acid Sales in Value by Region (2018-2023)
3.2.3 Global Ascorbic Acid Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Ascorbic Acid Forecasted Market Size by Region
3.3.1 Global Ascorbic Acid Sales in Volume by Region (2024-2029)
3.3.2 Global Ascorbic Acid Sales in Value by Region (2024-2029)
3.3.3 Global Ascorbic Acid Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Ascorbic Acid by Application
4.1 Ascorbic Acid Market Segment by Application
4.1.1 Pharmaceuticals
4.1.2 Food and Beverages
4.1.3 Personal Care
4.1.4 Others
4.2 Global Ascorbic Acid Market Size by Application
4.2.1 Global Ascorbic Acid Market Size Overview by Application (2018-2029)
4.2.2 Global Ascorbic Acid Historic Market Size Review by Application (2018-2023)
4.2.3 Global Ascorbic Acid Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Ascorbic Acid Sales Breakdown by Application (2018-2023)
4.3.2 Europe Ascorbic Acid Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Ascorbic Acid Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Ascorbic Acid Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Ascorbic Acid Sales Breakdown by Application (2018-2023)
5 North America Ascorbic Acid by Country
5.1 North America Ascorbic Acid Historic Market Size by Country
5.1.1 North America Ascorbic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Ascorbic Acid Sales in Volume by Country (2018-2023)
5.1.3 North America Ascorbic Acid Sales in Value by Country (2018-2023)
5.2 North America Ascorbic Acid Forecasted Market Size by Country
5.2.1 North America Ascorbic Acid Sales in Volume by Country (2024-2029)
5.2.2 North America Ascorbic Acid Sales in Value by Country (2024-2029)
6 Europe Ascorbic Acid by Country
6.1 Europe Ascorbic Acid Historic Market Size by Country
6.1.1 Europe Ascorbic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Ascorbic Acid Sales in Volume by Country (2018-2023)
6.1.3 Europe Ascorbic Acid Sales in Value by Country (2018-2023)
6.2 Europe Ascorbic Acid Forecasted Market Size by Country
6.2.1 Europe Ascorbic Acid Sales in Volume by Country (2024-2029)
6.2.2 Europe Ascorbic Acid Sales in Value by Country (2024-2029)
7 Asia-Pacific Ascorbic Acid by Region
7.1 Asia-Pacific Ascorbic Acid Historic Market Size by Region
7.1.1 Asia-Pacific Ascorbic Acid Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Ascorbic Acid Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Ascorbic Acid Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Ascorbic Acid Forecasted Market Size by Region
7.2.1 Asia-Pacific Ascorbic Acid Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Ascorbic Acid Sales in Value by Region (2024-2029)
8 Latin America Ascorbic Acid by Country
8.1 Latin America Ascorbic Acid Historic Market Size by Country
8.1.1 Latin America Ascorbic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Ascorbic Acid Sales in Volume by Country (2018-2023)
8.1.3 Latin America Ascorbic Acid Sales in Value by Country (2018-2023)
8.2 Latin America Ascorbic Acid Forecasted Market Size by Country
8.2.1 Latin America Ascorbic Acid Sales in Volume by Country (2024-2029)
8.2.2 Latin America Ascorbic Acid Sales in Value by Country (2024-2029)
9 Middle East and Africa Ascorbic Acid by Country
9.1 Middle East and Africa Ascorbic Acid Historic Market Size by Country
9.1.1 Middle East and Africa Ascorbic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Ascorbic Acid Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Ascorbic Acid Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Ascorbic Acid Forecasted Market Size by Country
9.2.1 Middle East and Africa Ascorbic Acid Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Ascorbic Acid Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Nestle
10.1.1 Nestle Company Information
10.1.2 Nestle Introduction and Business Overview
10.1.3 Nestle Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Nestle Ascorbic Acid Products Offered
10.1.5 Nestle Recent Development
10.2 North China Pharmaceutical
10.2.1 North China Pharmaceutical Company Information
10.2.2 North China Pharmaceutical Introduction and Business Overview
10.2.3 North China Pharmaceutical Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
10.2.4 North China Pharmaceutical Ascorbic Acid Products Offered
10.2.5 North China Pharmaceutical Recent Development
10.3 Aland Nutraceuticals Group
10.3.1 Aland Nutraceuticals Group Company Information
10.3.2 Aland Nutraceuticals Group Introduction and Business Overview
10.3.3 Aland Nutraceuticals Group Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Aland Nutraceuticals Group Ascorbic Acid Products Offered
10.3.5 Aland Nutraceuticals Group Recent Development
10.4 Dishman Group
10.4.1 Dishman Group Company Information
10.4.2 Dishman Group Introduction and Business Overview
10.4.3 Dishman Group Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Dishman Group Ascorbic Acid Products Offered
10.4.5 Dishman Group Recent Development
10.5 DSM
10.5.1 DSM Company Information
10.5.2 DSM Introduction and Business Overview
10.5.3 DSM Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
10.5.4 DSM Ascorbic Acid Products Offered
10.5.5 DSM Recent Development
10.6 Shandong Luwei Pharmaceutical
10.6.1 Shandong Luwei Pharmaceutical Company Information
10.6.2 Shandong Luwei Pharmaceutical Introduction and Business Overview
10.6.3 Shandong Luwei Pharmaceutical Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Shandong Luwei Pharmaceutical Ascorbic Acid Products Offered
10.6.5 Shandong Luwei Pharmaceutical Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Ascorbic Acid Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Ascorbic Acid Industrial Chain Analysis
11.4 Ascorbic Acid Market Dynamics
11.4.1 Ascorbic Acid Industry Trends
11.4.2 Ascorbic Acid Market Drivers
11.4.3 Ascorbic Acid Market Challenges
11.4.4 Ascorbic Acid Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Ascorbic Acid Distributors
12.3 Ascorbic Acid Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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