Global Vitamin C Market Report, History and Forecast 2018-2034, Breakdown Data by Manufacturers, Key Regions, Types and Application
Published on: 2024-01-04 | No of Pages : 400 | Industry : Pharma & Healthcare
Publisher : MRA | Format : PDF
Global Vitamin C Market Report, History and Forecast 2018-2034, Breakdown Data by Manufacturers, Key Regions, Types and Application
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.
Vitamin C report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Vitamin C market is projected to reach US$ 1517.3 million in 2034, increasing from US$ 1213.9 million in 2022, with the CAGR of 3.2% during the period of 2024 to 2034. Demand from Food & Beverage and Pharmaceuticals & Healthcare are the major drivers for the industry.
China is the largest Production countries of vitamin C, with a production market share more than 80.82%.
The vitamin C is classified into the food grade, pharmaceutical grade, feed grade. As of 2019, food grade vitamin C segment dominates the market contributing about 64.0% of the total market share.
Vitamin C is major applied in Food & Beverage, Pharmaceuticals & Healthcare, Feed, Cosmetics industry, in 2019, demand for Food & Beverage industry occupied the largest market, with 57.7% share, while Pharmaceuticals & Healthcare and Feed share 32.5% and 7.8% respectively.
The vitamin C market is very concentrated market; key players include DSM, CSPC Pharma, Northeast Pharma, Shandong Luwei, Shandong Tianli, Anhui Tiger, Ningxia Qiyuan, Zhengzhou Tuoyang, Henan Huaxing; the revenue of top five manufacturers accounts about 82.3% of the total revenue.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2024-2034), aims to help readers to get a comprehensive understanding of global Vitamin C market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Manufacturers, Type, Application and Regions Listed in the Report
DSM
CSPC Pharma
Northeast Pharma
Shandong Luwei
Shandong Tianli
Anhui Tiger
Ningxia Qiyuan
Zhengzhou Tuoyang
Henan Huaxing
Segment by Type
Food Grade Vitamin C
Pharmaceutical Grade Vitamin C
Feed Grade Vitamin C
Food & Beverage
Pharmaceuticals & Healthcare
Feed
Cosmetics
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Each chapter of the report provides detailed information for readers to understand the Vitamin C market further
Chapter 1Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2024.
Chapter 2Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Vitamin C, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Vitamin C industry.
Chapter 3Historical (2018-2022) and forecast (2024-2034) volume and revenue analysis of Vitamin C in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2024.
Chapter 5 to 9Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Vitamin C introduction, etc. Vitamin C Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12Market Channel, Distributors and Customers are listed.
Chapter 13QYResearch’s Conclusions of Vitamin C market based on comprehensive survey.
Chapter 14Methodology and Data Sources adopted by QYResearch.
Vitamin C report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Vitamin C market is projected to reach US$ 1517.3 million in 2034, increasing from US$ 1213.9 million in 2022, with the CAGR of 3.2% during the period of 2024 to 2034. Demand from Food & Beverage and Pharmaceuticals & Healthcare are the major drivers for the industry.
China is the largest Production countries of vitamin C, with a production market share more than 80.82%.
The vitamin C is classified into the food grade, pharmaceutical grade, feed grade. As of 2019, food grade vitamin C segment dominates the market contributing about 64.0% of the total market share.
Vitamin C is major applied in Food & Beverage, Pharmaceuticals & Healthcare, Feed, Cosmetics industry, in 2019, demand for Food & Beverage industry occupied the largest market, with 57.7% share, while Pharmaceuticals & Healthcare and Feed share 32.5% and 7.8% respectively.
The vitamin C market is very concentrated market; key players include DSM, CSPC Pharma, Northeast Pharma, Shandong Luwei, Shandong Tianli, Anhui Tiger, Ningxia Qiyuan, Zhengzhou Tuoyang, Henan Huaxing; the revenue of top five manufacturers accounts about 82.3% of the total revenue.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2024-2034), aims to help readers to get a comprehensive understanding of global Vitamin C market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Manufacturers, Type, Application and Regions Listed in the Report
By Company
DSM
CSPC Pharma
Northeast Pharma
Shandong Luwei
Shandong Tianli
Anhui Tiger
Ningxia Qiyuan
Zhengzhou Tuoyang
Henan Huaxing
Segment by Type
Food Grade Vitamin C
Pharmaceutical Grade Vitamin C
Feed Grade Vitamin C
Segment by Application
Food & Beverage
Pharmaceuticals & Healthcare
Feed
Cosmetics
Segment by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Each chapter of the report provides detailed information for readers to understand the Vitamin C market further
Chapter 1Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2024.
Chapter 2Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Vitamin C, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Vitamin C industry.
Chapter 3Historical (2018-2022) and forecast (2024-2034) volume and revenue analysis of Vitamin C in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2024.
Chapter 5 to 9Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Vitamin C introduction, etc. Vitamin C Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12Market Channel, Distributors and Customers are listed.
Chapter 13QYResearch’s Conclusions of Vitamin C market based on comprehensive survey.
Chapter 14Methodology and Data Sources adopted by QYResearch.
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