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Global L-Ascorbic Acid Market Research Report 2024
Synopsis
L-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 L-Ascorbic Acid market was valued at US$ 1294 million in 2023 and is anticipated to reach US$ 1630.8 million by 2030, witnessing a CAGR of 3.2% during the forecast period 2024-2030.
The market of L-ascorbic acid 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 L-ascorbic acid 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 L-ascorbic acid over the forecast period.
This report aims to provide a comprehensive presentation of the global market for L-Ascorbic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding L-Ascorbic Acid.
Report Scope
The L-Ascorbic Acid market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global L-Ascorbic Acid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the L-Ascorbic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
DSM
CSPC Pharma
Shandong Luwei
Northeast Pharma
North China Pharma
Shandong Tianli
Ningxia Qiyuan
Zhengzhou Tuoyang
Henan Huaxing
Anhui Tiger
Segment by Type
Food Grade
Pharmaceutical Grade
Feed Grade
Segment by Application
Food & Beverage
Pharmaceuticals & Healthcare
Feed
Cosmetics
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of L-Ascorbic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of L-Ascorbic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of L-Ascorbic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
L-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 L-Ascorbic Acid market was valued at US$ 1294 million in 2023 and is anticipated to reach US$ 1630.8 million by 2030, witnessing a CAGR of 3.2% during the forecast period 2024-2030.
The market of L-ascorbic acid 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 L-ascorbic acid 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 L-ascorbic acid over the forecast period.
This report aims to provide a comprehensive presentation of the global market for L-Ascorbic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding L-Ascorbic Acid.
Report Scope
The L-Ascorbic Acid market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global L-Ascorbic Acid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the L-Ascorbic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
DSM
CSPC Pharma
Shandong Luwei
Northeast Pharma
North China Pharma
Shandong Tianli
Ningxia Qiyuan
Zhengzhou Tuoyang
Henan Huaxing
Anhui Tiger
Segment by Type
Food Grade
Pharmaceutical Grade
Feed Grade
Segment by Application
Food & Beverage
Pharmaceuticals & Healthcare
Feed
Cosmetics
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of L-Ascorbic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of L-Ascorbic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of L-Ascorbic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 L-Ascorbic Acid Market Overview
1.1 Product Definition
1.2 L-Ascorbic Acid Segment by Type
1.2.1 Global L-Ascorbic Acid Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Food Grade
1.2.3 Pharmaceutical Grade
1.2.4 Feed Grade
1.3 L-Ascorbic Acid Segment by Application
1.3.1 Global L-Ascorbic Acid Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Food & Beverage
1.3.3 Pharmaceuticals & Healthcare
1.3.4 Feed
1.3.5 Cosmetics
1.4 Global Market Growth Prospects
1.4.1 Global L-Ascorbic Acid Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global L-Ascorbic Acid Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global L-Ascorbic Acid Production Estimates and Forecasts (2019-2030)
1.4.4 Global L-Ascorbic Acid Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global L-Ascorbic Acid Production Market Share by Manufacturers (2019-2024)
2.2 Global L-Ascorbic Acid Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of L-Ascorbic Acid, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global L-Ascorbic Acid Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global L-Ascorbic Acid Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of L-Ascorbic Acid, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of L-Ascorbic Acid, Product Offered and Application
2.8 Global Key Manufacturers of L-Ascorbic Acid, Date of Enter into This Industry
2.9 L-Ascorbic Acid Market Competitive Situation and Trends
2.9.1 L-Ascorbic Acid Market Concentration Rate
2.9.2 Global 5 and 10 Largest L-Ascorbic Acid Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 L-Ascorbic Acid Production by Region
3.1 Global L-Ascorbic Acid Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global L-Ascorbic Acid Production Value by Region (2019-2030)
3.2.1 Global L-Ascorbic Acid Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of L-Ascorbic Acid by Region (2025-2030)
3.3 Global L-Ascorbic Acid Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global L-Ascorbic Acid Production by Region (2019-2030)
3.4.1 Global L-Ascorbic Acid Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of L-Ascorbic Acid by Region (2025-2030)
3.5 Global L-Ascorbic Acid Market Price Analysis by Region (2019-2024)
3.6 Global L-Ascorbic Acid Production and Value, Year-over-Year Growth
3.6.1 North America L-Ascorbic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe L-Ascorbic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.3 China L-Ascorbic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan L-Ascorbic Acid Production Value Estimates and Forecasts (2019-2030)
4 L-Ascorbic Acid Consumption by Region
4.1 Global L-Ascorbic Acid Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global L-Ascorbic Acid Consumption by Region (2019-2030)
4.2.1 Global L-Ascorbic Acid Consumption by Region (2019-2024)
4.2.2 Global L-Ascorbic Acid Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America L-Ascorbic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America L-Ascorbic Acid Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe L-Ascorbic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe L-Ascorbic Acid Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific L-Ascorbic Acid Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific L-Ascorbic Acid Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa L-Ascorbic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa L-Ascorbic Acid Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global L-Ascorbic Acid Production by Type (2019-2030)
5.1.1 Global L-Ascorbic Acid Production by Type (2019-2024)
5.1.2 Global L-Ascorbic Acid Production by Type (2025-2030)
5.1.3 Global L-Ascorbic Acid Production Market Share by Type (2019-2030)
5.2 Global L-Ascorbic Acid Production Value by Type (2019-2030)
5.2.1 Global L-Ascorbic Acid Production Value by Type (2019-2024)
5.2.2 Global L-Ascorbic Acid Production Value by Type (2025-2030)
5.2.3 Global L-Ascorbic Acid Production Value Market Share by Type (2019-2030)
5.3 Global L-Ascorbic Acid Price by Type (2019-2030)
6 Segment by Application
6.1 Global L-Ascorbic Acid Production by Application (2019-2030)
6.1.1 Global L-Ascorbic Acid Production by Application (2019-2024)
6.1.2 Global L-Ascorbic Acid Production by Application (2025-2030)
6.1.3 Global L-Ascorbic Acid Production Market Share by Application (2019-2030)
6.2 Global L-Ascorbic Acid Production Value by Application (2019-2030)
6.2.1 Global L-Ascorbic Acid Production Value by Application (2019-2024)
6.2.2 Global L-Ascorbic Acid Production Value by Application (2025-2030)
6.2.3 Global L-Ascorbic Acid Production Value Market Share by Application (2019-2030)
6.3 Global L-Ascorbic Acid Price by Application (2019-2030)
7 Key Companies Profiled
7.1 DSM
7.1.1 DSM L-Ascorbic Acid Corporation Information
7.1.2 DSM L-Ascorbic Acid Product Portfolio
7.1.3 DSM L-Ascorbic Acid Production, Value, Price and Gross Margin (2019-2024)
7.1.4 DSM Main Business and Markets Served
7.1.5 DSM Recent Developments/Updates
7.2 CSPC Pharma
7.2.1 CSPC Pharma L-Ascorbic Acid Corporation Information
7.2.2 CSPC Pharma L-Ascorbic Acid Product Portfolio
7.2.3 CSPC Pharma L-Ascorbic Acid Production, Value, Price and Gross Margin (2019-2024)
7.2.4 CSPC Pharma Main Business and Markets Served
7.2.5 CSPC Pharma Recent Developments/Updates
7.3 Shandong Luwei
7.3.1 Shandong Luwei L-Ascorbic Acid Corporation Information
7.3.2 Shandong Luwei L-Ascorbic Acid Product Portfolio
7.3.3 Shandong Luwei L-Ascorbic Acid Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Shandong Luwei Main Business and Markets Served
7.3.5 Shandong Luwei Recent Developments/Updates
7.4 Northeast Pharma
7.4.1 Northeast Pharma L-Ascorbic Acid Corporation Information
7.4.2 Northeast Pharma L-Ascorbic Acid Product Portfolio
7.4.3 Northeast Pharma L-Ascorbic Acid Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Northeast Pharma Main Business and Markets Served
7.4.5 Northeast Pharma Recent Developments/Updates
7.5 North China Pharma
7.5.1 North China Pharma L-Ascorbic Acid Corporation Information
7.5.2 North China Pharma L-Ascorbic Acid Product Portfolio
7.5.3 North China Pharma L-Ascorbic Acid Production, Value, Price and Gross Margin (2019-2024)
7.5.4 North China Pharma Main Business and Markets Served
7.5.5 North China Pharma Recent Developments/Updates
7.6 Shandong Tianli
7.6.1 Shandong Tianli L-Ascorbic Acid Corporation Information
7.6.2 Shandong Tianli L-Ascorbic Acid Product Portfolio
7.6.3 Shandong Tianli L-Ascorbic Acid Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Shandong Tianli Main Business and Markets Served
7.6.5 Shandong Tianli Recent Developments/Updates
7.7 Ningxia Qiyuan
7.7.1 Ningxia Qiyuan L-Ascorbic Acid Corporation Information
7.7.2 Ningxia Qiyuan L-Ascorbic Acid Product Portfolio
7.7.3 Ningxia Qiyuan L-Ascorbic Acid Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Ningxia Qiyuan Main Business and Markets Served
7.7.5 Ningxia Qiyuan Recent Developments/Updates
7.8 Zhengzhou Tuoyang
7.8.1 Zhengzhou Tuoyang L-Ascorbic Acid Corporation Information
7.8.2 Zhengzhou Tuoyang L-Ascorbic Acid Product Portfolio
7.8.3 Zhengzhou Tuoyang L-Ascorbic Acid Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Zhengzhou Tuoyang Main Business and Markets Served
7.7.5 Zhengzhou Tuoyang Recent Developments/Updates
7.9 Henan Huaxing
7.9.1 Henan Huaxing L-Ascorbic Acid Corporation Information
7.9.2 Henan Huaxing L-Ascorbic Acid Product Portfolio
7.9.3 Henan Huaxing L-Ascorbic Acid Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Henan Huaxing Main Business and Markets Served
7.9.5 Henan Huaxing Recent Developments/Updates
7.10 Anhui Tiger
7.10.1 Anhui Tiger L-Ascorbic Acid Corporation Information
7.10.2 Anhui Tiger L-Ascorbic Acid Product Portfolio
7.10.3 Anhui Tiger L-Ascorbic Acid Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Anhui Tiger Main Business and Markets Served
7.10.5 Anhui Tiger Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 L-Ascorbic Acid Industry Chain Analysis
8.2 L-Ascorbic Acid Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 L-Ascorbic Acid Production Mode & Process
8.4 L-Ascorbic Acid Sales and Marketing
8.4.1 L-Ascorbic Acid Sales Channels
8.4.2 L-Ascorbic Acid Distributors
8.5 L-Ascorbic Acid Customers
9 L-Ascorbic Acid Market Dynamics
9.1 L-Ascorbic Acid Industry Trends
9.2 L-Ascorbic Acid Market Drivers
9.3 L-Ascorbic Acid Market Challenges
9.4 L-Ascorbic Acid Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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