For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
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.
Scope of the Report:
The biggest consumer of this food additive is food and beverage industry, which counted about 60%; pharmaceutical industry count about 30% of the total demand, while feed industry counted about 7.8% in 2016.
Since 2016, the price of ascorbic acid has increased steadily for several reasons. Factories in China that produce ascorbic acid are seriously considering price increases. From the beginning of 2016, prices of these products began to increase, followed by many other ingredients; starting in Q4, prices began to increase substantially. Ascorbic acid factories are underfunded due to the low price in recent years, resulting in a strong desire to raise prices.
The worldwide market for Vitamin C (Ascorbic Acid) is expected to grow at a CAGR of roughly 4.8% over the next five years, will reach 1520 million US$ in 2024, from 1140 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Vitamin C (Ascorbic Acid) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- CSPC Pharma
- Shandong Luwei
- Northeast Pharma
- North China Pharma
- Shandong Tianli
- Ningxia Qiyuan
- Zhengzhou Tuoyang
- Henan Huaxing
- Anhui Tiger
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Food Grade
- Pharmaceutical Grade
- Feed Grade
Market Segment by Applications, can be divided into
- Food & Beverage
- Pharmaceuticals & Healthcare
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Vitamin C (Ascorbic Acid) product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Vitamin C (Ascorbic Acid), with price, sales, revenue and global market share of Vitamin C (Ascorbic Acid) in 2017 and 2018.
Chapter 3, the Vitamin C (Ascorbic Acid) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Vitamin C (Ascorbic Acid) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Vitamin C (Ascorbic Acid) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Vitamin C (Ascorbic Acid) sales channel, distributors, customers, research findings and conclusion, appendix and data source.