Press release
Ascorbic Acid Market to Witness Significant Incremental Opportunity During 2018-2028
Persistence Market Research has published a new research study titled "Ascorbic Acid: Global Industry Analysis 2013-2017 and Forecast 2018-2028". According to PMR analysis, the global Ascorbic Acid market that was valued at US$ 997.3 Mn at the end of 2017 will reach beyond US$ 1,700 Mn by the end of 2028, at a healthy CAGR of 5.1% over 2018-2028.Rampant population growth has been leading to global increase in the demand for food. It has thus become increasingly important for food industry participants to supplement food products with minerals and vitamins that cater to daily requirements of nutrient intake. To meet this increasing demand for inclusion of vitamins and minerals in food supplements, manufacturers have started using Ascorbic Acid as an important ingredient and thus, the global Ascorbic Acid market is estimated to grow with healthy CAGR during the forecast period.
Request For Report Sample@ https://www.persistencemarketresearch.com/samples/7235
Global Ascorbic Acid Market: Key Dynamics
Ascorbic Acid finds various applications in food as well as pharmaceutical sectors. Within the food & beverage industry, Ascorbic Acid is utilized as a protein source in various food items. Growing demand for food and beverage products from emerging economies, such as India and China, is expected to drive the concerned market during the forecast period.
The global population has quadrupled in between 2010 and 2016. As per a recent study by the United Nations, the global population reached 7.5 billion in April 2017 and is expected to reach 9.7 billion by 2050. This growth in population is anticipated to create huge demand for food & beverages products, which in turn, will drive the global Ascorbic Acid market during the forecast period.
The intake of vitamin C has doubled in the last few decades due to growing awareness about health benefits of vitamin C. Ascorbic Acid is a good source of vitamin C. As a result of these factors, the global Ascorbic Acid market is expected to witness lucrative growth throughout the forecast period.
On the flip side, increasingly strict environmental regulations and upsurge in manufacturing cost of Ascorbic Acid are two important factors that will have a negative impact on the Ascorbic Acid market. These factors have lowered the margins of Ascorbic Acid manufacturers, which will further hamper the growth of the global Ascorbic Acid market.
Further, the presence of substitutes will prove to be a key challenge in the global Ascorbic Acid market. For instance, in October 2018, DuPont introduced an alternate to Ascorbic Acid under the brand name GRINDAMYL SURE Bake for bakery application.
Prominent players in the Ascorbic Acid market are focusing on strategic developments. This can primarily be attributed to the efforts being made by companies to meet the increasing demand for Ascorbic Acid from end-use industries.
Glanbia Nutritionals China (Suzhou) Co., Ltd. recently completed the acquisition of Grass Advantage LLC, a plant-based nutrition products firm, to meet the increased demand for vitamins/Ascorbic Acid. Further, the company announced acquisition of Body & Fit, a leading direct-to-consumer (DTC) online branded business to gain market share in the nutrition business segment.
The CSPC Pharmaceutical Group Limited has entered an agreement with China-based Ouyi Pharmaceutical, over the sales of Ascorbic Acid, sales of an antibiotic, and product processing services.
Request Report Methodology@ https://www.persistencemarketresearch.com/methodology/7235
Global Ascorbic Acid Market: Segmentation Analysis
Europe and East Asia, collectively, are estimated to hold one-fourth share in the global Ascorbic Acid market. In the East Asia region, China is a major consumer and is estimated to hold significant share during the forecast period. China is projected to grow at a CAGR of 4.2% during the forecast period.
In terms of end-use segments, the Food & Beverages segment is estimated to hold approximately three-fourth market value share in the global market and is projected to grow at a healthy growth rate during the forecast period.
Company Profiles:
Sigma-Aldrich Corporation (Merck)
Koninklijke DSM N.V.
Northeast Pharmaceutical Group Co., Ltd.
CSPC Pharmaceutical Group Limited
MUBY CHEMICALS
Shandong Luwei Pharmaceutical
North China Pharmaceutical Co. Ltd
Glanbia Nutritionals China (Suzhou) Co., Ltd
LabChem Inc.
China BBCA Group Corporation
Other
For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/7235
Complete Report Details@ https://www.persistencemarketresearch.com/market-research/ascorbic-acid-market.asp
Read More Trending "PMR Exclusive Article"-
Propylene Oxide Market@ https://www.persistencemarketresearch.com/market-research/propylene-oxide-market.asp
Soda Ash Market@ https://www.persistencemarketresearch.com/market-research/soda-ash-market.asp
Contact Us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About us-
Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on "micros" by Persistence Market Research helps companies overcome their "macro" business challenges.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Ascorbic Acid Market to Witness Significant Incremental Opportunity During 2018-2028 here
News-ID: 2584567 • Views: …
More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…

Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…

US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…

Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Ascorbic
Cost of Establishing Ascorbic Acid Plant with Manufacturing Insights
Setting up an ascorbic acid manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Ascorbic Acid Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing an ascorbic…
Ascorbic Acid Price Trend 2025, Price Chart and Forecast
Ascorbic Acid Price Trend in North America: Q1 2025 Overview
Ascorbic Acid Prices in United States:
In Q1 2025, Ascorbic Acid Prices in the USA showed moderate volatility, reaching 3,728 USD/MT in March. Strong demand from pharmaceutical and nutraceutical sectors supported price gains early in the quarter. However, elevated inventory levels and cautious buying strategies by key buyers limited further increases. The Ascorbic Acid Price Trend during this period reflected this…
Ascorbic Acid Prices & Trends - Stay Updated Daily!
North America Ascorbic Acid Prices Q4:
Ascorbic Acid Prices in United States:
The USA Q4 2024 Ascorbic Acid Price Trend reflected a constant uptrend, hitting $3,637 USD/MT in December, thanks mostly to robust demand from food and beverages, pharmaceuticals, and nutraceuticals. The consistent usage from such crucial industries maintained market values high throughout the period.
Finally, advancement in port facilities and decreased logistics bottlenecks enabled smoother supply chains, reinforcing the price…
Encapsulated Ascorbic Acid Market Market Size & Share Report, 2031
We are excited to announce the release of our novel market research offering- "Encapsulated Ascorbic Acid Market Size, Share and Trends | 2031". This syndicate research offers a present market scenario and includes future projections. Details such as the latest trends, technologies, and opportunities are certainly exclusive perks of this report.
Both dominant market players as well as start-ups can purchase this market research. The Insight Partners added indispensable growth insights…
Ascorbic Acid Market Report Up to 2031
Visiongain has published a new report on Ascorbic Acid Market Report to 2031: Forecasts By Application (Food & Beverages, Chemicals, Personal Care, Pharma, Agriculture, Others), By Distribution Channel (Online Channels, Offline Channels) PLUS Profiles of Leading Ascorbic Acid Manufacturing Companies and Regional and Leading National Market Analysis, PLUS COVID-19 Recovery Scenarios.
Download Exclusive Sample of Report @ https://www.visiongain.com/report/ascorbic-acid-market/#download_sampe_div
Ascorbic acid has a wide range of application in pharmaceutical, food & beverage and…
Vitamin C Ingredients Market Report 2018: Segmentation by Type (Ascorbic Acid, S …
Global Vitamin C Ingredients market research report provides company profile for North China Pharmaceutical Co., Ltd, The TNN Development Limited, Hunan Sunshine Bio-Tech Co., Ltd, Microbelcaps, Wuhan Yuancheng Gongchuang Technology Co.,Ltd, Hangzhou Focus Corporation, Foodchem International Corporation, Koninklijke DSM N.V., CSPC Pharmaceutical Group Limited, Glanbia Nutritionals China (Suzhou) Co., Ltd, Northeast Pharmaceutical Group Co., Ltd and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share,…