Ascorbic Acid is common terms called Vitamin C and also referred to as L- ascorbic acid. It is a vitamin that is widely found in variety of foods and nutritional supplements. Ascorbic Acid prevents from Scurry disease, also maintains the health of bones, teeth, blood vessels, skin, etc. People who have a proper dietary plan do not need Ascorbic Acid through other media. It is also an antioxidant and protects the body cells form any harm. Ascorbic Acid or Vitamin C has wide range of applications in various sectors like; chemicals, pharmaceuticals, food & beverages, cosmetics and personal care. Ascorbic Acid is also considered as a preservative in food and beverages sector. Medical sector is performing R&D on Ascorbic Acid for increasing the use it from different point of view. Ascorbic Acid is widely used in cosmetic and personal care products sector for; sunscreen lotions, anti-aging creams and other products. Therefore, the Ascorbic Acid Market is anticipated to expand and has tremendous scope during the forecast period. The global Ascorbic Acid Market anticipated to flourish in the future by growing at a significantly higher CAGR.
The global Ascorbic Acid Market is based on segment, by End-Use the market is segmented into Food & beverages, Personal Care, Pharmaceutical and Others.
Ascorbic Acid Market, By End-User
Food & beverages
On a global front, the Ascorbic Acid Market covers North America (United States, Canada and Mexico), Europe (Germany, UK, France, Russia, Italy, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific), South America (Brazil, Argentina, Columbia, South Africa, Rest of South America) and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA). Ascorbic Acid Market is mainly condensed to Asia Pacific region, so Asia Pacific region is leading the market. The factors for growth of Ascorbic Acid Market is Asia Pacific region is; awareness of people towards being fit, which is leading to high demand for gym and nutritional supplements having Ascorbic Acid.
Ascorbic Acid Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The leading players in the market are Aland Nutraceuticals Group, Hebei Welcome Pharmaceutical Co, NBTY Inc., GlaxoSmithKline Plc., BASF SE, North China Pharmaceutical Group, Northeast Pharmaceutical Group, DuPont, Shandong Luwei Pharmaceutical, CSPC Pharmaceutical Group, Bactolac Pharmaceutical Inc, Dishman Group, and DSM. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Aland Nutraceuticals Group
Hebei Welcome Pharmaceutical Co.
North China Pharmaceutical Group
Northeast Pharmaceutical Group
Shandong Luwei Pharmaceutical
CSPC Pharmaceutical Group
Bactolac Pharmaceutical Inc.
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?