Vitamin C Market : Opportunities and Forecast By 2030
Vitamin C Market : Opportunities and Forecast By 2030
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This Vitamin C Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Magnet report simplifies managing marketing of goods and services effectively.
Global vitamin C market size was valued at USD 1.23 billion in 2023 and is projected to reach USD 2.29 billion by 2031, with a CAGR of 8.10% during the forecast period of 2024 to 2031.
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Market Overview:
Vitamin C (ascorbic acid) plays a crucial role in the personal care and cosmetics industry, where it is extensively used as an ingredient in various products. Its potent antioxidant properties make it a valuable component in dermatological applications, helping to prevent and treat signs of photoaging and other skin issues such as hyperpigmentation. In addition, vitamin C's ability to combat free radicals and environmental toxins makes it a sought-after ingredient in skincare products. This increasing utilization of vitamin C in the personal care and cosmetics sector is driving market growth, as consumers seek effective solutions for maintaining healthy and youthful-looking skin.
Some of the major players operating in the Vitamin C Market are
Foodchem International Corporation (China), CSPC Pharmaceutical Group Limited (China), Glanbia plc (Ireland), Northeast Pharmaceutical Group Co., Ltd ( NEPG ) (China), Duchefa Biochemie (Netherlands), DSM (Netherlands), ADM (U.S.), Bayer AG (Germany), Abbott (U.S.), Merck & Co., Inc. (U.S.), Anhui BBCA International Co., Ltd. (China), Vitamin Energy (U.S.), DuPont (U.S.), Sanofi (France), Dsm-firmenich(China) among others.
Global Vitamin C Market Scope
The market is segmented on the basis of type, source, process, form, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
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
Source
- Natural
- Synthetic
Process
- Reichstein
- Two-stage Fermentation
Form
- Tonic
- Tablet
- Granules
- Injection
Application
- Pharmaceutical
- Cosmetics
- Food and Beverage
- Animal Feed
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Vitamin C Market Landscape
Part 04: Global Vitamin C Market Sizing
Part 05: Global Vitamin C Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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