Global Vitamin C Ingredients Market to reach USD XX billion by 2027.Global Vitamin C Ingredients Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Vitamin C is demanded by various end user industries such as food & beverages industries, cosmetics, personal care and many more. It comes in mainly two forms, that is powdered and granules. Increasing demand for natural products and rapid increase in the population leading to rise in consumption are factors contributing to the market growth. For instance: according to United Nations, the world population is expected to grow to 9.7 billion, by the year 2050 from 7.5 billion, in the year 2019. With a rapid increase in the population there will be an ultimate rise in the Vitamin C Ingredients Market, in the long run. However, over consumption of Vitamin-C and threat from the existing and new entrants in the market impedes the growth of the market over the forecast period of 2021-2027. Also, changing lifestyle habits and increase in the disposable income is likely to increase the growth of the market in the forecasting period.
The regional analysis of global Vitamin C Ingredients market includes Asia Pacific, North America, Europe, Latin America and Rest of the World for analysis and estimation, North America is a significant region in terms of market share owing to increase in awareness towards nutritional food containing Vitamin-C. Whereas, Europe is anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as changing lifestyle would create lucrative growth prospects for the Vitamin C Ingredients market across European region.
Major market player included in this report are:
Koninklijke DSM N.V
Foodchem International Corporation
CSPC Pharmaceutical Group ltd
Glanbia Nutritionals
The TNN Development ltd
Hunan Sunshine Bio-tech Co ltd
Microbelcaps
Hangzhou Focus Corporation
Triveni Interchem Pvt ltd
Shandong Luwei Pharmaceutical Co ltd
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 eight 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. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product type:
Ascorbic acid
Sodium ascorbate
Calcium ascorbate
Ascorbic acid 90% granulation
Ascorbic acid 95% granulation
Ascorbic acid 97% granulation
Coated Vitamin C
By Form:
Powder
Granules
By Source:
Natural
Synthetic
By End Use:
Food
Beverages
Cosmetics & personal care products
Pharmaceuticals
Animal feed
By Process:
Reichstein Process
Two-Stage fermentation Process
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Vitamin C Ingredients Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors