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Global Vitamin C Market Report Size, Trends & Growth Opportunity, By Application(Food and Beverages, Pharmaceutical, Cosmetics, Animal feed), By Product Type (Calcium Ascorbate, Sodium Ascorbate, Magnesium Ascorbate, Coated Vitamin C, Potassium Ascorbate, D-Isoascorbic Acid, Ascorbic Acid, Others), Bar Ends/Grips, Kickstands, Saddles & Covers, Mud Flaps, Speedometers, Horns, Fenders), By Source(Natural, Synthetic), ByRegion (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.


Report ID : IR1001477 | Industries : Food and Beverage | Published On :June 2024 | Page Count : 245

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  • Global Vitamin C Market Report Size, Trends & Growth Opportunity, By Application(Food and Beverages, Pharmaceutical, Cosmetics, Animal feed), By Product Type (Calcium Ascorbate, Sodium Ascorbate, Magnesium Ascorbate, Coated Vitamin C, Potassium Ascorbate, D-Isoascorbic Acid, Ascorbic Acid, Others), Bar Ends/Grips, Kickstands, Saddles & Covers, Mud Flaps, Speedometers, Horns, Fenders), By Source(Natural, Synthetic), ByRegion (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.
    Global Vitamin C Market 
    The Global Vitamin C Market is estimated to be USD1026.90Mn in 2021 and is projected to reach USD 1767.92Mn by 2027, growing at a CAGR of 7.42%.
    Vitamin C is an essential nutrient that is beneficial to the body and any cardiovascular illness can be prevented using this. For healthy prenatal development and aids in preventing any fetal health issues, Vitamin C is beneficial. 
    Market Drivers
    One of the main factors for the growth of the Vitamin C market is the Multiple benefits linked with vitamin C. It is important in the body's capacity to produce collagen and repair damaged cells. Also, A absence of vitamin C may lead to muscle weakness, joint pain, and bleeding gums.
    Moreover, demand for sodium ascorbate is likely to drive the market's growth because of its ability to be rapidly absorbed by the body and to stay there longer.
    Additionally, growing awareness amongst consumers about the role of Vitamin C in boosting immunity is likely to propel market growth.
    Market Restraints
    Side effects like skin flushing, hyperoxaluria, nausea, vomiting, and diarrhea related to an overdose of vitamin c are one of the key restraining factors for the market growth.
    Moreover, the manufacturing cost of vitamin C is high which also hampers market growth.
    Market Segmentation
    Four primary categories make up the segmentation of the vitamin C market. The market is divided into categories based on application, including food and beverage, pharmaceuticals, cosmetics, and animal feed. There are two types of products on the market, natural and synthetic, the source said. The product categories on the market include coated vitamin C, potassium ascorbate, calcium ascorbate, sodium ascorbate, D-isoascorbic acid, ascorbic acid, sodium ascorbate, calcium ascorbate, sodium ascorbate, and magnesium ascorbate. The six regions that make up the market are North America, Europe, Asia Pacific, Latin America, and the Middle East.
    Regional Analysis
    Due to rising demand for various vitamin C-containing pharmaceutical and cosmetic products as well as rising consumer disposable income, the North American area dominated the global vitamin C market. Asia-Pacific is anticipated to be the fastest-growing region throughout the forecast period due to the growing demand for vitamin C products in this region and rising awareness among consumers regarding the advantages of vitamin C in this region.
    Market Key Players
    The following companies are some of the major players in the global vitamin C market: CSP Pharmaceutical Group Limited, China BBCA Group Corporation, Glanbia Nutritionals China (Suzhou) Co., Ltd., Foodchem International Corporation, Koninklijke DSM N.V., Northeast Pharmaceutical Group Co., Ltd., Hunan Sunshine Bio-Tech Co., Ltd., Microbelcaps, Vitamin Energy, and Hangzhou Focus Corporation.
    Industry development
    To meet consumer demand, Cipla Health Ltd. introduced Maxirich C+ Zinc as a new product in 2021. The main source of chewable vitamin C is Maxirich C+ Zinc. Maxirich Vitamin C+ Zinc boosts immunity while reducing weariness. They come in a tart orange flavour that is comforting to the palate.
    To assist those who are fasting throughout Ramadan in overcoming immune system issues, Bayer unveiled its new Redoxon Triple Action Supplement in April 2019.
    In 2019, Vitamin Energy launched a combination of CBD and Energy for customers who were demanding the CBD-infused Product. ng during Ramadan to overcome immune system problems.
    Market Taxonomy 
    By Type
    • Sodium Ascorbate
    • Calcium Ascorbate
    • Potassium Ascorbate
    • Magnesium Ascorbate
    • Ascorbic Acid 90% Granulation
    • D-Isoascorbic Acid
    • Ascorbic Acid 95% Granulation
    • Ascorbic Acid 97% Granulation
    • Coated Vitamin C
    • Others
    By Source
    • Natural
    • Synthetic
    By Process
    • Reichstein
    • Two-stage Fermentation
    By Form
    • Tonic
    • Tablet
    • Granules
    • Injection
    By Application
    • Pharmaceutical
    • Cosmetics
    • Food and Beverage
    • Animal Feed
     

    Global Vitamin C Market  
    1 Introduction        
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Vitamin C Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact due to recent Energy Crisis
    4.2.5 Cumulative Impact due to nearing economic downturn
    4.2.6 Post covid-19 world Supply& Demand conditions
    4.2.7 Cumulative Impact of Russia-Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Vitamin C Market, By Product Type
    5.1 Y-o-Y Growth Comparison, By Product Type
    5.2 Vitamin C Market Share Analysis, By Product Type
    5.3 Vitamin C Market Size and Forecast, By Product Type
    5.3.1 Calcium Ascorbate
    5.3.2 Sodium Ascorbate
    5.3.3 Magnesium Ascorbate
    5.3.4 Coated Vitamin C
    5.3.5 Potassium Ascorbate
    5.3.6 D-Isoascorbic Acid
    5.3.7 Ascorbic Acid
    5.3.8 Others
    6 Vitamin C Market, By Application
    6.1 Y-o-Y Growth Comparison, By Application
    6.2 Vitamin C Market Share Analysis, By Application
    6.3 Vitamin C Market Size and Forecast, By Application
    6.3.1 Food and Beverages
    6.3.2 Pharmaceutical
    6.3.3 Cosmetics
    6.3.4 Animal feed
    7 Vitamin C Market, By Source
    7.1 Y-o-Y Growth Comparison, By Source
    7.2 Vitamin C Market Share Analysis, By Source
    7.3 Vitamin C Market Size and Forecast, By Source
    7.3.1 Natural
    7.3.2 Synthetic
    8 Vitamin C Market, By Region
    8.1 Vitamin C Market Share Analysis, By Region
    8.2 Vitamin C Market Share Analysis, By Region
    8.3 Vitamin C Market Size and Forecast, By Region
    9 North America Vitamin C Market Analysis and Forecast (2022-2027)
    9.1 Introduction
    9.2 North America Vitamin C Market Share Analysis, By Product Type
    9.3 North America Vitamin C Market Size and Forecast, By Application
    9.4 North America Vitamin C Market Size and Forecast, By Source
    9.5 North America Vitamin C Market Size and Forecast, By Country
    9.5.1 U.S.
    9.5.2 Canada
    9.5.3 Mexico
    10 Europe Vitamin C Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 Europe Vitamin C Market Share Analysis, By Product Type
    10.3 Europe Vitamin C Market Size and Forecast, By Application 
    10.4 Europe Vitamin C Market Size and Forecast, By Source
    10.5 Europe Vitamin C Market Size and Forecast, By Country
    10.5.1 Germany
    10.5.2 France
    10.5.3 UK
    10.54. Rest of Europe
    11 Asia Pacific Vitamin C Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 Asia Pacific Vitamin C Market Share Analysis, By Product Type
    11.3 Asia Pacific Vitamin C Market Size and Forecast, By Application 
    11.4 Asia Pacific Vitamin C Market Size and Forecast, By Source
    11.5 Asia Pacific Vitamin C Market Size and Forecast, By Country
    11.5.1 China        
    11.5.2 Japan
    11.5.3 India
    11.5.4. Rest of Asia Pacific
    12 Latin America Vitamin C Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Latin America Vitamin C Market Share Analysis, By Product Type
    12.3 Latin America Vitamin C Market Size and Forecast, By Application 
    12.4 Latin America Vitamin C Market Size and Forecast, By Source
    12.4 Latin America Vitamin C Market Size and Forecast, Country
    12.5.1. Brazil
    12.5.2. Rest of Latin America
    13 Middle East Vitamin C Market Analysis and Forecast (2022-2027)
    13.1 Introduction
    13.2 Middle East Vitamin C Market Share Analysis, By Product Type
    13.3 Middle East Vitamin C Market Size and Forecast, By Application 
    13.4 Middle East Vitamin C Market Size and Forecast, By Source
    13.5 Middle East Vitamin C Market Size and Forecast, By Country
    13.5.1. Saudi Arabia
    13.5.2. UAE
    13.5.3. Egypt
    13.5.4. Kuwait
    13.5.5. South Africa
    14 Competitive Analysis
    14.1 Competition Dashboard
    14.2 Market share Analysis of Top Vendors
    14.3 Key Development Strategies
    15 Company Profiles
    15.1 CSPC Pharmaceutical Group Limited
    15.1.1 Overview
    15.1.2 Offerings
    15.1.3 Key Financials
    15.1.4 Business Segment & Geographic Overview
    15.1.5 Key Market Developments
    15.1.6 Key Strategies
    15.2 China BBCA Group Corporation
    15.2.1 Overview
    15.2.2 Offerings
    15.2.3 Key Financials
    15.2.4 Business Segment & Geographic Overview
    15.2.5 Key Market Developments
    15.2.6 Key Strategies
    15.3 Glanbia Nutritionals China (Suzhou) Co., Ltd
    15.3.1 Overview
    15.3.2 Offerings
    15.3.3 Key Financials
    15.3.4 Business Segment & Geographic Overview
    15.3.5 Key Market Developments
    15.3.6 Key Strategies
    15.4 Foodchem International Corporation
    15.4.1 Overview
    15.4.2 Offerings
    15.4.3 Key Financials
    15.4.4 Business Segment & Geographic Overview
    15.4.5 Key Market Developments
    15.4.6 Key Strategies
    15.5 Koninklijke DSM N.V.
    15.5.1 Overview
    15.5.2 Offerings
    15.5.3 Key Financials
    15.5.4 Business Segment & Geographic Overview
    15.5.5 Key Market Developments
    15.5.6 Key Strategies
    15.6 Northeast Pharmaceutical Group Co., Ltd.
    15.6.1 Overview
    15.6.2 Offerings
    15.6.3 Key Financials
    15.6.4 Business Segment & Geographic Overview
    15.6.5 Key Market Developments
    15.6.6 Key Strategies
    15.7 Hunan Sunshine Bio-Tech Co., Ltd.
    15.7.1 Overview
    15.7.2 Offerings
    15.7.3 Key Financials
    15.7.4 Business Segment & Geographic Overview
    15.7.5 Key Market Developments
    15.7.6 Key Strategies        
    15.8 Microbelcaps
    15.8.1 Overview
    15.8.2 Offerings
    15.8.3 Key Financials
    15.8.4 Business Segment & Geographic Overview
    15.8.5 Key Market Developments
    15.8.6 Key Strategies
    15.9 Vitamin Energy
    15.9.1 Overview
    15.9.2 Offerings
    15.9.3 Key Financials
    15.9.4 Business Segment & Geographic Overview
    15.9.5 Key Market Developments
    15.9.6 Key Strategies
    15.10 Hangzhou Focus Corporation 
    15.10.1 Overview
    15.10.2 Offerings
    15.10.3 Key Financials
    15.10.4 Business Segment & Geographic Overview
    15.10.5 Key Market Developments
    15.10.6 Key Strategies