Global Vitamin C (Ascorbic Acid) Market to touch 1770 Million $ with high CAGR value by 2022| Key Players (DSM, Ningxia Qiyuan, Henan Huaxing, Shandong Luwei)
Businessindustryreports.com adds “Global Vitamin C (Ascorbic Acid) Market” Report to understand current global competitive market status. This report categorizes the Vitamin C (Ascorbic Acid) Market into key industries, region, type and application. This report covers major geographical regions and concentrates on product sales, value, market size and growth opportunities in these regions.
Global Vitamin C (Ascorbic Acid) Market Overview:
According to Market Analysts Global Vitamin C (Ascorbic Acid) Market size to maintain the average annual growth rate of 6.16% from 1070 million $ in 2014 to 1280 million $ in 2017. Market analysts believe that Vitamin C (Ascorbic Acid) Market size will be further expanded, The market size of the Vitamin C (Ascorbic Acid) will reach 1770 million $ by 2022.
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Growing demand for potassium, calcium and sodium salts of ascorbic acid as an antioxidant food additive drive the market. However, uncertain raw material supply and resulting price fluctuations are anticipated to hamper the market growth.
Vitamin C, also known as ascorbic acid and L-ascorbic acid, is a vitamin found in food and used as a dietary supplement. The disease scurvy is prevented and treated with vitamin C-containing foods or dietary supplements. Ascorbic acid is also used as a reducing agent and has good antioxidant properties.
The Vitamin C (Ascorbic Acid) Market is segmented based on product types, applications and region. On the basis of product type, the market is sub-segmented into Feed Grade, Pharmaceutical Grade and Food Grade. On the basis of applications, the market is divided into Cosmetics, Pharmaceuticals & Healthcare and Food & Beverage.
Regionally, Asia Pacific was the market leader in consumption of ascorbic acid and is expected to grow at a rapid pace owing to cost effective manufacturing facilities in China. Europe and North America are anticipated to follow Asia Pacific on account of increasing demand from pharmaceutical and cosmetic industry.
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Key Players:
1 DSM
2 CSPC Pharma
3 Shandong Luwei
4 Northeast Pharma
5 Shandong Tianli
6 Ningxia Qiyuan
7 Zhengzhou Tuoyang
8 Henan Huaxing and More..
Key Regions:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Key Questions Answered in this Report:
1 What will the market size and the growth rate be in 2022?
2 What are the key factors driving the Vitamin C (Ascorbic Acid) Market?
3 What are the challenges to market growth?
4 Who are the key vendors in the market?
5 What are the latest market trends?
Table of Content:
1 Vitamin C (Ascorbic Acid) Definition
2 Global Vitamin C (Ascorbic Acid) Market Major Player Share and Market Overview
3 Major Player Vitamin C (Ascorbic Acid) Business Introduction
4 Global Vitamin C (Ascorbic Acid) Market Segmentation (Region Level)
5 Global Vitamin C (Ascorbic Acid) Market Segmentation (Type Level)
6 Global Vitamin C (Ascorbic Acid) Market Segmentation (Industry Level)
7 Global Vitamin C (Ascorbic Acid) Market Segmentation (Channel Level)
8 Vitamin C (Ascorbic Acid) Market Forecast 2018-2022
9 Vitamin C (Ascorbic Acid) Segmentation Type
10 Vitamin C (Ascorbic Acid) Segmentation Industry
11 Vitamin C (Ascorbic Acid) Cost Analysis
12 Conclusion
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