Ascorbic acid, commonly known as vitamin C, is used in various important end use industries such as pharmaceuticals, food and beverages, personal care and others. However, it is the pharmaceutical industry that is the largest consumer of ascorbic acid. As vitamin C helps in the recycling on vitamin E, the former is used for preparing vitamin C supplements in the pharmaceutical industry. In the food and beverages industry, ascorbic acid is used as an additive to enhance food quality and improve stability of food. Also, the added benefit of using ascorbic acid in food products is that it helps to preserve the aroma, colour and nutrient content of the food.
The global ascorbic acid market is all set to register a high growth trajectory in the coming decade with increasing use of this product in the pharmaceuticals and food and beverage industries. The deficiency of vitamin C is affecting increasing number of people in the world due to a change in lifestyle and a change in dietary habits of the population. Coupled with this, a rising awareness about leading a healthy lifestyle and growing living standards is expected to further boom the global market for ascorbic acid during the coming decade.
In addition, ascorbic acid is also used as a reducing agent and has good antioxidant properties. A large demand for ascorbic acid is sourcing from the demand of the antioxidant diet supplement market. This is going to further increasing the demand of ascorbic acid in the market. Due to the heavy investments and cutting edge research and development done by key industry players and along with a rapid pace of progression in the pharmaceutical and medical industries, the demand of ascorbic acid is going to surge further.
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The global Ascorbic Acid market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Ascorbic Acid volume and value at global level, regional level and company level. From a global perspective, this report represents overall Ascorbic Acid market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
Key companies profiled in Ascorbic Acid Market report are Nestle, North China Pharmaceutical, Aland Nutraceuticals Group, Dishman Group, Dsm, Shandong Luwei Pharmaceutical and more in term of company basic information, Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin (2014-2019), etc.
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Table of Content
1 Ascorbic Acid Market Overview
2 Global Ascorbic Acid Market Competition by Manufacturers
3 Global Ascorbic Acid Production Market Share by Regions
4 Global Ascorbic Acid Consumption by Regions
5 Global Ascorbic Acid Production, Revenue, Price Trend by Type
6 Global Ascorbic Acid Market Analysis by Applications
7 Company Profiles and Key Figures in Ascorbic Acid Business
8 Ascorbic Acid Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Global Ascorbic Acid Market Forecast
12 Research Findings and Conclusion
13 Methodology and Data Source