

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.
Highlights
The global Ascorbic Acid market was valued at US$ 1389.1 million in 2022 and is anticipated to reach US$ 1941.9 million by 2029, witnessing a CAGR of 4.8% during the forecast period 2023-2029. The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes.
Global Vitamin C (Ascorbic Acid) main players are DSM, CSPC Pharma, Shandong Luwei, Northeast Pharma, etc. Global top four manufacturers hold a share over 80%. China is the largest market, with a share nearly 85%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Ascorbic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ascorbic Acid.
The Ascorbic Acid market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Ascorbic Acid market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Ascorbic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application and by regions.
By Company
Nestle
North China Pharmaceutical
Aland Nutraceuticals Group
Dishman Group
DSM
Shandong Luwei Pharmaceutical
Segment by Type
Tablets
Capsules
Others
Segment by Application
Pharmaceuticals
Food and Beverages
Personal Care
Others
Consumption 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
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Ascorbic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Ascorbic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Ascorbic Acid Market Overview
1.1 Product Overview and Scope of Ascorbic Acid
1.2 Ascorbic Acid Segment by Type
1.2.1 Global Ascorbic Acid Market Value Comparison by Type (2023-2029)
1.2.2 Tablets
1.2.3 Capsules
1.2.4 Others
1.3 Ascorbic Acid Segment by Application
1.3.1 Global Ascorbic Acid Market Value by Application: (2023-2029)
1.3.2 Pharmaceuticals
1.3.3 Food and Beverages
1.3.4 Personal Care
1.3.5 Others
1.4 Global Ascorbic Acid Market Size Estimates and Forecasts
1.4.1 Global Ascorbic Acid Revenue 2018-2029
1.4.2 Global Ascorbic Acid Sales 2018-2029
1.4.3 Global Ascorbic Acid Market Average Price (2018-2029)
1.5 Assumptions and Limitations
2 Ascorbic Acid Market Competition by Manufacturers
2.1 Global Ascorbic Acid Sales Market Share by Manufacturers (2018-2023)
2.2 Global Ascorbic Acid Revenue Market Share by Manufacturers (2018-2023)
2.3 Global Ascorbic Acid Average Price by Manufacturers (2018-2023)
2.4 Global Ascorbic Acid Industry Ranking 2021 VS 2022 VS 2023
2.5 Global Key Manufacturers of Ascorbic Acid, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Ascorbic Acid, Product Type & Application
2.7 Ascorbic Acid Market Competitive Situation and Trends
2.7.1 Ascorbic Acid Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Ascorbic Acid Players Market Share by Revenue
2.7.3 Global Ascorbic Acid Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Ascorbic Acid Retrospective Market Scenario by Region
3.1 Global Ascorbic Acid Market Size by Region: 2018 Versus 2022 Versus 2029
3.2 Global Ascorbic Acid Global Ascorbic Acid Sales by Region: 2018-2029
3.2.1 Global Ascorbic Acid Sales by Region: 2018-2023
3.2.2 Global Ascorbic Acid Sales by Region: 2024-2029
3.3 Global Ascorbic Acid Global Ascorbic Acid Revenue by Region: 2018-2029
3.3.1 Global Ascorbic Acid Revenue by Region: 2018-2023
3.3.2 Global Ascorbic Acid Revenue by Region: 2024-2029
3.4 North America Ascorbic Acid Market Facts & Figures by Country
3.4.1 North America Ascorbic Acid Market Size by Country: 2018 VS 2022 VS 2029
3.4.2 North America Ascorbic Acid Sales by Country (2018-2029)
3.4.3 North America Ascorbic Acid Revenue by Country (2018-2029)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Ascorbic Acid Market Facts & Figures by Country
3.5.1 Europe Ascorbic Acid Market Size by Country: 2018 VS 2022 VS 2029
3.5.2 Europe Ascorbic Acid Sales by Country (2018-2029)
3.5.3 Europe Ascorbic Acid Revenue by Country (2018-2029)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Ascorbic Acid Market Facts & Figures by Country
3.6.1 Asia Pacific Ascorbic Acid Market Size by Country: 2018 VS 2022 VS 2029
3.6.2 Asia Pacific Ascorbic Acid Sales by Country (2018-2029)
3.6.3 Asia Pacific Ascorbic Acid Revenue by Country (2018-2029)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Ascorbic Acid Market Facts & Figures by Country
3.7.1 Latin America Ascorbic Acid Market Size by Country: 2018 VS 2022 VS 2029
3.7.2 Latin America Ascorbic Acid Sales by Country (2018-2029)
3.7.3 Latin America Ascorbic Acid Revenue by Country (2018-2029)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Ascorbic Acid Market Facts & Figures by Country
3.8.1 Middle East and Africa Ascorbic Acid Market Size by Country: 2018 VS 2022 VS 2029
3.8.2 Middle East and Africa Ascorbic Acid Sales by Country (2018-2029)
3.8.3 Middle East and Africa Ascorbic Acid Revenue by Country (2018-2029)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Ascorbic Acid Sales by Type (2018-2029)
4.1.1 Global Ascorbic Acid Sales by Type (2018-2023)
4.1.2 Global Ascorbic Acid Sales by Type (2024-2029)
4.1.3 Global Ascorbic Acid Sales Market Share by Type (2018-2029)
4.2 Global Ascorbic Acid Revenue by Type (2018-2029)
4.2.1 Global Ascorbic Acid Revenue by Type (2018-2023)
4.2.2 Global Ascorbic Acid Revenue by Type (2024-2029)
4.2.3 Global Ascorbic Acid Revenue Market Share by Type (2018-2029)
4.3 Global Ascorbic Acid Price by Type (2018-2029)
5 Segment by Application
5.1 Global Ascorbic Acid Sales by Application (2018-2029)
5.1.1 Global Ascorbic Acid Sales by Application (2018-2023)
5.1.2 Global Ascorbic Acid Sales by Application (2024-2029)
5.1.3 Global Ascorbic Acid Sales Market Share by Application (2018-2029)
5.2 Global Ascorbic Acid Revenue by Application (2018-2029)
5.2.1 Global Ascorbic Acid Revenue by Application (2018-2023)
5.2.2 Global Ascorbic Acid Revenue by Application (2024-2029)
5.2.3 Global Ascorbic Acid Revenue Market Share by Application (2018-2029)
5.3 Global Ascorbic Acid Price by Application (2018-2029)
6 Key Companies Profiled
6.1 Nestle
6.1.1 Nestle Corporation Information
6.1.2 Nestle Description and Business Overview
6.1.3 Nestle Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
6.1.4 Nestle Ascorbic Acid Product Portfolio
6.1.5 Nestle Recent Developments/Updates
6.2 North China Pharmaceutical
6.2.1 North China Pharmaceutical Corporation Information
6.2.2 North China Pharmaceutical Description and Business Overview
6.2.3 North China Pharmaceutical Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
6.2.4 North China Pharmaceutical Ascorbic Acid Product Portfolio
6.2.5 North China Pharmaceutical Recent Developments/Updates
6.3 Aland Nutraceuticals Group
6.3.1 Aland Nutraceuticals Group Corporation Information
6.3.2 Aland Nutraceuticals Group Description and Business Overview
6.3.3 Aland Nutraceuticals Group Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
6.3.4 Aland Nutraceuticals Group Ascorbic Acid Product Portfolio
6.3.5 Aland Nutraceuticals Group Recent Developments/Updates
6.4 Dishman Group
6.4.1 Dishman Group Corporation Information
6.4.2 Dishman Group Description and Business Overview
6.4.3 Dishman Group Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
6.4.4 Dishman Group Ascorbic Acid Product Portfolio
6.4.5 Dishman Group Recent Developments/Updates
6.5 DSM
6.5.1 DSM Corporation Information
6.5.2 DSM Description and Business Overview
6.5.3 DSM Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
6.5.4 DSM Ascorbic Acid Product Portfolio
6.5.5 DSM Recent Developments/Updates
6.6 Shandong Luwei Pharmaceutical
6.6.1 Shandong Luwei Pharmaceutical Corporation Information
6.6.2 Shandong Luwei Pharmaceutical Description and Business Overview
6.6.3 Shandong Luwei Pharmaceutical Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
6.6.4 Shandong Luwei Pharmaceutical Ascorbic Acid Product Portfolio
6.6.5 Shandong Luwei Pharmaceutical Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Ascorbic Acid Industry Chain Analysis
7.2 Ascorbic Acid Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Ascorbic Acid Production Mode & Process
7.4 Ascorbic Acid Sales and Marketing
7.4.1 Ascorbic Acid Sales Channels
7.4.2 Ascorbic Acid Distributors
7.5 Ascorbic Acid Customers
8 Ascorbic Acid Market Dynamics
8.1 Ascorbic Acid Industry Trends
8.2 Ascorbic Acid Market Drivers
8.3 Ascorbic Acid Market Challenges
8.4 Ascorbic Acid Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Nestle
North China Pharmaceutical
Aland Nutraceuticals Group
Dishman Group
DSM
Shandong Luwei Pharmaceutical
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*If Applicable.