Global Vitamin C (Ascorbic Acid) Market 2020: Demand Analysis By Top Key Players DSM, CSPC Pharma, Shandong Luwei, Anhui Tiger Forecast till 2024

The exclusive research report on Global Vitamin C (Ascorbic Acid) market 2020 categorizes the market based on market overview, regions, analysis by types and applications, market dynamics, manufacturers profiles and forecast 2020-2024.

Global Vitamin C (Ascorbic Acid) Market overview:

Business Industry Reports Analyst covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.

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Vitamin C (Ascorbic acid) is used to prevent or treat low levels of vitamin C in people who do not get enough of the vitamin from their diets. Vitamin C plays an important role in the body. It is needed to maintain the health of skin, cartilage, teeth, bone, and blood vessels. The Global Vitamin C (Ascorbic Acid) Market is segmented on the basis of Product Type, Application, End Use Industry and Region.

On the Basis of Product Type segment, the Vitamin C (Ascorbic Acid) Market is sub segmented into Food Grade, Pharmaceutical Grade and Feed Grade. Based on End Use Industry segment, the Vitamin C (Ascorbic Acid) Market is sub segmented into Food & Beverage, Pharmaceuticals & Healthcare, Feed and Cosmetics.

Some of the Vitamin C (Ascorbic Acid) Market manufacturers involved in the market are DSM, CSPC Pharma, Shandong Luwei, Northeast Pharma, North China Pharma, Shandong Tianli, Ningxia Qiyuan, Zhengzhou Tuoyang, Henan Huaxing, Anhui Tiger in World, effective mergers are some of the strategies adopted by the Vitamin C (Ascorbic Acid) Market manufacturers. New product launches and continuous technological innovations are the Vitamin C (Ascorbic Acid) Market strategies adopted by the major players.

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.

There are several manufacturers of Vitamin C (Ascorbic Acid)s in Europe and North America. In North America, the demand for Vitamin C (Ascorbic Acid)s is primarily driven by the Healthcare sector. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income.

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Top Industry News:

DSM firmly on course to achieve 75% renewable electricity with largest PPA partnerships to date on 21 April, 2020 -- Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, today announces that it will reduce its CO2 emissions by approximately 85,000 tons/year through the signing of its largest renewable energy Power Purchase Agreements (PPAs) to date. These PPAs, one in Europe and one in the USA, cover approximately one quarter of DSM's current total annual electricity consumption. With these deals DSM is well positioned to outpace its target of achieving 75% of purchased electricity from renewable sources by 2030. In 2019, DSM purchased 50% of its electricity from renewable resources.

The PPA in Europe has been signed with EDPR, a global leader in the renewable energy sector and one of the world's largest wind energy producers. DSM will source renewable electricity from one wind farm and two solar power plants in Spain with a total capacity of 76 MW. The other large PPA in the USA has been signed with Origis Energy, a global solar company, for a solar plant with a total capacity of 78 MW. With these long-term agreements DSM enables the owners to secure financing for the construction of their new renewable energy parks and ensures additional renewable electricity capacity for the planet.

DSM is committed to sourcing 75% of its electricity from renewable resources by 2030 and, reaching 100% at the earliest possibility. DSM is a member of the RE100 initiative led by The Climate Group in partnership with CDP. RE100 brings together the world's most influential companies committed to 100% renewable power.

Dimitri de Vreeze, Co-CEO Royal DSM, commented: "Sustainability is not only DSM's core value, it is also an important business driver that is fully engrained in our purpose, strategy, business and operations. Our approach for bringing about positive change in all our sustainability efforts is to improve, enable and advocate. With these two large renewable electricity deals we are significantly improving the environmental footprint of our operations and are well on track to achieve our ambitious 75% purchased renewable electricity target ahead of schedule. I am proud that we are proactively delivering on our contribution to the Paris Agreement and that we continue to lead the way in our industry to move to a low carbon future."

Joao Manso Neto, CEO EDPR, said: "Although the challenging health environment we are facing nowadays, we are very pleased with today's announcement. DSM is at the forefront of embedding sustainable practices into their business and we are very pleased with our partnership. This PPA rewards our compromise to continuously seek corporate agreements with industrial leaders and is a chance to increase our pipeline in a core market for us like Spain. We are steadfast in our commitment to keep growing responsibly and with the clear goals of continuing to generate value for all of our stakeholders, and to make a decisive contribution to the energy transition".

Table of Contents:

1 Vitamin C (Ascorbic Acid) Product Definition
2 Global Vitamin C (Ascorbic Acid) Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Vitamin C (Ascorbic Acid) Shipments
2.2 Global Manufacturer Vitamin C (Ascorbic Acid) Business Revenue
2.3 Global Vitamin C (Ascorbic Acid) Market Overview
3 Manufacturer Vitamin C (Ascorbic Acid) Business Introduction
3.1 DSM Vitamin C (Ascorbic Acid) Business Introduction
3.1.1 DSM Vitamin C (Ascorbic Acid) Shipments, Price, Revenue and Gross profit 2020-2024
3.1.2 DSM Vitamin C (Ascorbic Acid) Business Distribution by Region
3.1.3 DSM Interview Record
3.1.4 DSM Vitamin C (Ascorbic Acid) Business Profile
3.1.5 DSM Vitamin C (Ascorbic Acid) Product Specification
3.2 CSPC Pharma Vitamin C (Ascorbic Acid) Business Introduction
3.2.1 CSPC Pharma Vitamin C (Ascorbic Acid) Shipments, Price, Revenue and Gross profit 2020-2024
3.2.2 CSPC Pharma Vitamin C (Ascorbic Acid) Business Distribution by Region
3.2.3 Interview Record
3.2.4 CSPC Pharma Vitamin C (Ascorbic Acid) Business Overview
3.2.5 CSPC Pharma Vitamin C (Ascorbic Acid) Product Specification
3.3 Shandong Luwei Vitamin C (Ascorbic Acid) Business Introduction
3.3.1 Shandong Luwei Vitamin C (Ascorbic Acid) Shipments, Price, Revenue and Gross profit 2020-2024
3.3.2 Shandong Luwei Vitamin C (Ascorbic Acid) Business Distribution by Region
3.3.3 Interview Record
3.3.4 Shandong Luwei Vitamin C (Ascorbic Acid) Business Overview
3.3.5 Shandong Luwei Vitamin C (Ascorbic Acid) Product Specification
3.4 Northeast Pharma Vitamin C (Ascorbic Acid) Business Introduction
3.5 North China Pharma Vitamin C (Ascorbic Acid) Business Introduction
3.6 Shandong Tianli Vitamin C (Ascorbic Acid) Business Introduction
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