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Vitamin C (Ascorbic Acid) Industry is projected to reach 1660 Million US$ by 2025

11-14-2018 12:49 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QY Research, INC.

Vitamin C (Ascorbic Acid) Industry is projected to reach 1660

This study focuses on the production side and consumption side of Vitamin C (Ascorbic Acid), presents the global Vitamin C (Ascorbic Acid) market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Vitamin C (Ascorbic Acid) capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Vitamin C (Ascorbic Acid) by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

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.

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 Vitamin C (Ascorbic Acid) market was valued at 1140 Million US$ in 2017 and is projected to reach 1660 Million US$ by 2025, at a CAGR of 4.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Vitamin C (Ascorbic Acid).

This report includes the following manufacturers; we can also add the other companies as you want.

DSM

CSPC Pharma

Shandong Luwei

Northeast Pharma

North China Pharma

Shandong Tianli

Ningxia Qiyuan

Zhengzhou Tuoyang

Henan Huaxing

Anhui Tiger

Market Segment by Product Type

Food Grade

Pharmaceutical Grade

Feed Grade

Market Segment by Application

Food & Beverage

Pharmaceuticals & Healthcare

Feed

Cosmetics

Request Sample Copy of Report@ https://www.qyresearch.com/sample-form/form/720239/global-vitamin-c-ascorbic-acid-industry-research-report-growth-trends-and-competitive-analysis

Market size split by Region

•North America
•Asia-Pacific
•Europe
•Central & South America
•Middle East & Africa

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