Global Vitamin C Market By Type (Sodium Ascorbate, Calcium Ascorbate, Potassium Ascorbate, Magnesium Ascorbate, Ascorbic Acid 90% Granulation, D-Isoascorbic Acid, Ascorbic Acid 95% Granulation, Ascorbic Acid 97% Granulation, Coated Vitamin C, Others), Source (Natural, Synthetic), Process (Reichstein Process, Two-stage Fermentation Process), Form (Tonic, Tablet, Granules, Injection), Application (Pharmaceutical, Cosmetics, Food & Beverage, Animal Feed), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Vitamin C Market
Vitamin C market is expected to grow at a growth rate of 7.50% in the forecast period 2020 to 2027. Increasing awareness about the health benefits of consuming vitamin C is expected to create new opportunity for the market.
Vitamin C is one of the most effective nutrients which have the ability to protect the body from many cardiovascular diseases, prenatal health issues, eye diseases, and others. They are widely used in applications such as food & beverage, animal feed, pharmaceutical, cosmetics and others.
Growing demand for processed food among population will accelerate the market growth. Some of the other factors such as rising working population, increasing usage of vitamin C in pharmaceutical, pet food industry & bakery products and advancement in the cosmetic industry coupled with increasing application of vitamin C in cosmetic industry will enhance the demand for vitamin C in the market.
Overconsumption of vitamin can cause gastrointestinal irritation and diarrhoea, high manufacturing cost of the vitamin C is expected to hamper the market growth in the mentioned forecast period.
This vitamin C market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research vitamin C market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Vitamin C Market Scope and Market Size
Vitamin C market is segmented of the basis of type, source, process, form and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the vitamin C market is segmented into sodium ascorbate, calcium ascorbate, potassium ascorbate, magnesium ascorbate, ascorbic acid 90% granulation, D-isoascorbic acid, ascorbic acid 95% granulation, ascorbic acid 97% granulation, coated vitamin C, and others.
- Based on source, the vitamin C market is divided into natural and synthetic.
- The process segment of the vitamin C market is divided into Reichstein process, and two-stage fermentation process.
- On the basis of form, the vitamin C market is segmented into tonic, tablet, granules and injection.
- Application segment of the vitamin C market is divided into pharmaceutical, cosmetics, food & beverage, and animal feed
Vitamin C Market Country Level Analysis
Vitamin C market is analysed and market size, volume information is provided by type, source, process, form and application as referenced above.
The countries covered in the vitamin C market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America is expected to dominate the vitamin C market in the forecast period of 2020 to 2027 due to high disposable income and growth in cosmetic industry while Asia- Pacific is expected to witness highest growth due to growing demand for vitamin C products and rising awareness about the advantages of vitamin C in the region.
The country section of the vitamin C market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Vitamin C Market Share Analysis
Vitamin C market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to vitamin C market.
The major players covered in the vitamin C report are Foodchem International Corporation, DSM, CSPC Pharmaceutical Group Limited, Glanbia plc, Northeast Pharmaceutical Group Co.,Ltd, The TNN Development Limited, Microbelcaps, Beijing Heronsbill Food Material Co.,Ltd, Sinofi Ingredients, Bayer AG, GlaxoSmithKline plc., Merck KGaA, DuPont, Duchefa Biochemie, Medibro Corporation Limited, Chemizo Enterprise, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
Customization Available: Global Vitamin C Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.