Press release
Ascorbic Acid Industry Expected to Reach $2.35 Billion by 2029 at 8.8% CAGR
Ascorbic Acid
Ascorbic Acid Market Value Projection: How Much Will the Market Size by 2025?
The market size of ascorbic acid has seen robust growth in the past few years. It is projected to increase from a valuation of $1.59 billion in 2024 to around $1.68 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.7%. This historical growth has been fueled by trends in health and nutrition, coupled with surging demand in the food and beverage industry, integration in pharmaceutical products, nutritional supplements and nutraceuticals, along with functional food items.
What Will Be the Market Growth Forecat for Ascorbic Acid in 2029?
In the coming years, the ascorbic acid market is projected to witness significant expansion. By 2029, the market size is predicted to reach $2.35 billion, growing at a compound annual growth rate (CAGR) of 8.8%. The expected growth during the forecast period can be linked to strategies focusing on cost efficiency, preparedness for health crises, consumer inclination towards natural additives, and the dynamics of the global supply chain. Key trends predicted for the forecast period involve practices aimed at promoting sustainable agriculture, a focus on health and immunity, supplements for animal feed, technological advancements, and changes in global trade dynamics.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/ascorbic-acid-global-market-report
What Are the Core Competitive Drivers in the Ascorbic Acid Industry?
The growth of the ascorbic acid market is expected to be spurred by the increasing urgency to minimize the threat of chronic diseases. These are illnesses that typically can be managed, but not fully cured. The use of ascorbic acid and its associated products can notably aid in slowing down chronic disease progression, thus improving the overall health conditions of those afflicted. In September 2022, the World Health Organization (WHO), a worldwide health institution based in Switzerland, stated that chronic diseases are responsible for 74% of the annual 41 million global deaths. Cardiovascular diseases took 17.9 million lives, cancer 9.3 million, chronic respiratory diseases 4.1 million, and diabetes 2.0 million. Consequently, the escalating demand to decrease the risk of chronic diseases is anticipated to fuel the expansion of the ascorbic acid market.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8168&type=smp
Which Ascorbic Acid Market Segment Is Projected to See the Fastest Growth?
The ascorbic acid market covered in this report is segmented -
1) By Type: Calcium Ascorbate, Sodium Ascorbate, Magnesium Ascorbate, Potassium Ascorbate, D-Isoascorbic Ascorbate
2) By Grade: Pharmaceuticals Grade, Food Grade, Other Grades
3) By Form: Tablet, Tonic, Injection
4) By Distribution Channel: Online, Offline
5) By Application: Food And Beverages, Pharmaceutical, Cosmetics, Chemicals, Agriculture, Other Applications
Subsegments:
1) By Calcium Ascorbate: Powdered Calcium Ascorbate, Granulated Calcium Ascorbate
2) By Sodium Ascorbate: Powdered Sodium Ascorbate, Granulated Sodium Ascorbate
3) By Magnesium Ascorbate: Powdered Magnesium Ascorbate, Granulated Magnesium Ascorbate
4) By Potassium Ascorbate: Powdered Potassium Ascorbate, Granulated Potassium Ascorbate
5) By D-Isoascorbic Ascorbate: Powdered D-Isoascorbic Ascorbate, Granulated D-Isoascorbic Ascorbate
Which Trends Are Opening New Opportunities in the Ascorbic Acid Market?
A key trend emerging in the ascorbic acid market focuses on product innovation. Major players in the market are leveraging such advancements, particularly within a range of applications including cosmetics, in order to maintain their position. For example, NeoStrata Inc., a pharmaceutical firm based in the US specializing in skincare products, rolled out its Vitamin C Serum in August 2022. The innovative formula of the serum includes 15% Vitamin C, 2% Gluconolactone (PHA), 1% Feverfew Extract, and Green Tea Extract. This product works to even out skin tone, lighten dark spots, reduce noticeable skin discoloration and serve as a shield against environmental stressors.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=8168&type=smp
Who Are the Leaders in the Ascorbic Acid Market?
Major companies operating in the ascorbic acid market are Koninklijke DSM NV, Northeast Pharmaceutical Group Co. Ltd., CSPC Pharmaceutical Group, Bactolac Pharmaceutical Inc., BASF SE, LabChem Inc., Muby Chemicals Pvt. Ltd., Merck & Co. Inc., Foodchem International Corporation, Bayer AG, North China Pharmaceutical Group, Sigma-Aldrich Corporation, The Bountiful Company, Reckon Organics Pvt. Ltd., Homart Pharmaceuticals Pty Ltd., Archer-Daniels-Midland Company, Amway Corporation, Tirlán Co-operative Society Limited, Changsha Natureway Co. Ltd., DSM Nutritional Products AG, Glanbia PLC, Gujchem Biotech, Hangzhou Go Top Peptide Biotech Co. Ltd., Hebei Welcome Pharmaceutical Co. Ltd., Huachang Pharmaceuticals, LGM Pharma LLC, Nutrilo GmbH, Shaanxi Iknow Biotechnology Co. Ltd., Shandong Luwei Pharmaceutical, Sichuan Tongsheng Amino Acid Co. Ltd.
Which Regional Ascorbic Acid Markets Offer the Greatest Growth Potential?
Asia-Pacific was the largest region in the ascorbic acid market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the ascorbic acid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Industry Expected to Reach $2.35 Billion by 2029 at 8.8% CAGR here
News-ID: 4166135 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Ascorbate
Sodium Ascorbate Prices Q3 2025 | Trend, Index & Forecast Analysis
During the third quarter of 2025, Sodium Ascorbate Prices displayed notable regional variations, reflecting industrial demand, production costs, and supply chain dynamics. In September 2025, prices in the USA reached USD 4,250/MT, China USD 3,870/MT, Germany USD 4,075/MT, Brazil USD 3,057/MT, and South Korea USD 3,507/MT. These figures highlight emerging trends across pharmaceutical, nutraceutical, and food additive industries.
Monitoring the Sodium Ascorbate Price Index Report helps manufacturers, distributors, and investors track…
Sodium ascorbate Manufacturing Cost Estimation: Machinery and Production Process
Setting up a sodium ascorbate plant 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 "Sodium Ascorbate Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a sodium ascorbate…
Sodium Ascorbate Market Size 2024 to 2031.
Market Overview and Report Coverage
Sodium Ascorbate is a form of Vitamin C that is commonly used as an antioxidant and food additive. It is often utilized in the food and beverage industry for its ability to enhance the shelf life of products and prevent oxidation. The Sodium Ascorbate Market is expected to grow at a CAGR of 8.20% during the forecasted period.
The future outlook of the Sodium Ascorbate…
Sodium Ascorbate Market latest trends, demand and analysis 2016 - 2026
Sodium Ascorbate is a form of the mineral salt of ascorbic acid. Sodium Ascorbate provides 131 mg of sodium per 1,000 mg of ascorbic acid. These are mainly used as a food additive and are also used as an antioxidant, and an acidity regulator.
Sodium Ascorbate acts as a vitamin in a case of there being a deficiency of vitamin C in the body and it is known for its antioxidant…
Calcium Ascorbate Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Calcium Ascorbate Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Calcium Ascorbate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Calcium Ascorbate with respect to individual growth…
Sodium Ascorbate Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Sodium Ascorbate Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Sodium Ascorbate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sodium Ascorbate with respect to individual growth…
