Global Ascorbic Acid Market Size study & Forecast, by Product Grade by Application, by Distribution Channel and Regional Analysis, 2022-2029

Description

List of Tables

Global Ascorbic Acid Market is valued approximately at USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.1% over the forecast period, 2022-2029. Ascorbic acid, also known as Vitamin C is discovered in many food products. It functions as a dietary supplement that strengthens bones, promotes healthy skin, and helps fight bacterial infections. It has a significant function throughout the body. Vitamin 'C' deficiency can result in issues like a rash, joint pain, and weakness. Since it helps in tissue repair and enzymatic production, it is witnessing a high demand. It has antioxidant properties as well. The key factor driving the growth is rising awareness about the importance of vitamin C in the body. Additionally, another factor driving the market growth is growing personal care and cosmetics industry because vitamin C is widely used in personal care and cosmetics products and many companies are launching vitamin C products that created lucrative demand for the market. For instance, in 2021, Lakme announced the launch of new range of vitamin c products called Lakme 9to5 Vitamin C+.

According to Statista, the beauty & personal care market revenue amounts to USD 534.00 billion in 2022, and the market is anticipated to reach USD 670.61 by 2026 at CAGR 5.86%. Also, rising application of ascorbic acid in the pharmaceutical drugs will creates lucrative opportunity for the market during forecast period. However, the fluctuations in the prices of raw materials stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Ascorbic Acid Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is dominating region across the world in terms of market share, owing to the rising personal disposable income, and supportive government policies, growing deficiency of vitamin C and growth of pharmaceutical industry. North America is also anticipated to exhibit highest growth rate over the forecast period, owing to the rising demand for health and dietary supplements and growing health-conscious consumers in the region.

Major market players included in this report are:

DSM

Bactolac Pharmaceutical Inc.

CSPC Pharmaceutical Group

Northeast Pharmaceutical Group

North China Pharmaceutical Group

NBTY Inc.

Dishman Group

Aland Nutraceuticals Group

Shandong Luwei Pharmaceutical

BASF SE.

Recent Developments in the Market:

In 2020, a new concentrated acerola component was introduced by the California-based ingredient distributor Concentrated Active Ingredients & Flavors Inc. According to the manufacturer, the product has 100 times more vitamin C than an orange (32%, to be exact).
In 2020, To meet the increasing demand for immune-related products during the pandemic, Homart Pharmaceuticals introduced three vitamin C-containing medicines under its Toplife and Springleaf brands.

Global Ascorbic Acid Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered Product Grade, Application, Distribution Channel, Region

Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Grade:

Industrial

Food & Pharmaceutical

By Application:

Food & Beverages

Pharmaceutical

Chemical

Personal Care

Agriculture

Others

By Distribution Channel:

Online

Offline

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Ascorbic Acid Market, by region, 2019-2029 (USD Billion)
- 1.2.2. Ascorbic Acid Market, by Product Grade, 2019-2029 (USD Billion)
- 1.2.3. Ascorbic Acid Market, by Application, 2019-2029 (USD Billion)
- 1.2.4. Ascorbic Acid Market, by Distribution Channel, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Ascorbic Acid Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Ascorbic Acid Market Dynamics

3.1. Ascorbic Acid Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising awareness about the importance of vitamin C in the body
  - 3.1.1.2. Growing personal care and cosmetics industry
- 3.1.2. Market Challenges
  - 3.1.2.1. Fluctuations in the prices of raw materials
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising application of ascorbic acid in the pharmaceutical drugs

Chapter 4. Global Ascorbic Acid Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Ascorbic Acid Market, by Product Grade

6.1. Market Snapshot
6.2. Global Ascorbic Acid Market by Product Grade, Performance - Potential Analysis
6.3. Global Ascorbic Acid Market Estimates & Forecasts by Product Grade 2019-2029 (USD Billion)
6.4. Ascorbic Acid Market, Sub Segment Analysis
- 6.4.1. Industrial
- 6.4.2. Food & Pharmaceutical

Chapter 7. Global Ascorbic Acid Market, by Application

7.1. Market Snapshot
7.2. Global Ascorbic Acid Market by Application, Performance - Potential Analysis
7.3. Global Ascorbic Acid Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Ascorbic Acid Market, Sub Segment Analysis
- 7.4.1. Food & Beverages
- 7.4.2. Pharmaceutical
- 7.4.3. Chemical
- 7.4.4. Personal Care
- 7.4.5. Agriculture
- 7.4.6. Others

Chapter 8. Global Ascorbic Acid Market, by Distribution Channel

8.1. Market Snapshot
8.2. Global Ascorbic Acid Market by Distribution Channel, Performance - Potential Analysis
8.3. Global Ascorbic Acid Market Estimates & Forecasts by Distribution Channel 2019-2029 (USD Billion)
8.4. Ascorbic Acid Market, Sub Segment Analysis
- 8.4.1. Online
- 8.4.2. Offline

Chapter 9. Global Ascorbic Acid Market, Regional Analysis

9.1. Ascorbic Acid Market, Regional Market Snapshot
9.2. North America Ascorbic Acid Market
- 9.2.1. U.S. Ascorbic Acid Market
  - 9.2.1.1. Product Grade breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. Application breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. Distribution Channel breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Ascorbic Acid Market
9.3. Europe Ascorbic Acid Market Snapshot
- 9.3.1. U.K. Ascorbic Acid Market
- 9.3.2. Germany Ascorbic Acid Market
- 9.3.3. France Ascorbic Acid Market
- 9.3.4. Spain Ascorbic Acid Market
- 9.3.5. Italy Ascorbic Acid Market
- 9.3.6. Rest of Europe Ascorbic Acid Market
9.4. Asia-Pacific Ascorbic Acid Market Snapshot
- 9.4.1. China Ascorbic Acid Market
- 9.4.2. India Ascorbic Acid Market
- 9.4.3. Japan Ascorbic Acid Market
- 9.4.4. Australia Ascorbic Acid Market
- 9.4.5. South Korea Ascorbic Acid Market
- 9.4.6. Rest of Asia Pacific Ascorbic Acid Market
9.5. Latin America Ascorbic Acid Market Snapshot
- 9.5.1. Brazil Ascorbic Acid Market
- 9.5.2. Mexico Ascorbic Acid Market
9.6. Rest of The World Ascorbic Acid Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. DSM
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Bactolac Pharmaceutical Inc.
- 10.2.3. CSPC Pharmaceutical Group
- 10.2.4. Northeast Pharmaceutical Group
- 10.2.5. North China Pharmaceutical Group
- 10.2.6. NBTY Inc.
- 10.2.7. Dishman Group
- 10.2.8. Aland Nutraceuticals Group
- 10.2.9. Shandong Luwei Pharmaceutical
- 10.2.10. BASF SE.

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Ascorbic Acid Market, report scope
TABLE 2. Global Ascorbic Acid Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Ascorbic Acid Market estimates & forecasts by Product Grade 2019-2029 (USD Billion)
TABLE 4. Global Ascorbic Acid Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Ascorbic Acid Market estimates & forecasts by Distribution Channel 2019-2029 (USD Billion)
TABLE 6. Global Ascorbic Acid Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Ascorbic Acid Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Ascorbic Acid Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Ascorbic Acid Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Ascorbic Acid Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Ascorbic Acid Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Ascorbic Acid Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Ascorbic Acid Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Ascorbic Acid Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Ascorbic Acid Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Ascorbic Acid Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Ascorbic Acid Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Ascorbic Acid Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Ascorbic Acid Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Ascorbic Acid Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Ascorbic Acid Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Ascorbic Acid Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Ascorbic Acid Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Ascorbic Acid Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Ascorbic Acid Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Ascorbic Acid Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Ascorbic Acid Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Ascorbic Acid Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Ascorbic Acid Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Ascorbic Acid Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Ascorbic Acid Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Ascorbic Acid Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Ascorbic Acid Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Ascorbic Acid Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Ascorbic Acid Market
TABLE 71. List of primary sources, used in the study of global Ascorbic Acid Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Ascorbic Acid Market, research methodology
FIG 2. Global Ascorbic Acid Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Ascorbic Acid Market, key trends 2021
FIG 5. Global Ascorbic Acid Market, growth prospects 2022-2029
FIG 6. Global Ascorbic Acid Market, porters 5 force model
FIG 7. Global Ascorbic Acid Market, pest analysis
FIG 8. Global Ascorbic Acid Market, value chain analysis
FIG 9. Global Ascorbic Acid Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Ascorbic Acid Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Ascorbic Acid Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Ascorbic Acid Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Ascorbic Acid Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Ascorbic Acid Market, regional snapshot 2019 & 2029
FIG 15. North America Ascorbic Acid Market 2019 & 2029 (USD Billion)
FIG 16. Europe Ascorbic Acid Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Ascorbic Acid Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Ascorbic Acid Market 2019 & 2029 (USD Billion)
FIG 19. Global Ascorbic Acid Market, company Market share analysis (2021)