Global Vitamin C API Market Growth 2024-2030
Product Code:1179235
Published Date: Apr 22,2024
Pages: 86
Region: Global
Category: Pharma & Healthcare
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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.
The global Vitamin C API market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Vitamin C API Industry Forecast” looks at past sales and reviews total world Vitamin C API sales in 2023, providing a comprehensive analysis by region and market sector of projected Vitamin C API sales for 2024 through 2030. With Vitamin C API sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vitamin C API industry.
This Insight Report provides a comprehensive analysis of the global Vitamin C API landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vitamin C API portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vitamin C API market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vitamin C API and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vitamin C API.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Vitamin C API market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Food Grade Vitamin C
Pharmaceutical Grade Vitamin C
Feed Grade Vitamin C
Segmentation by Application:
Food & Beverage
Pharmaceuticals & Healthcare
Feed
Cosmetics
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
DSM
CSPC Pharma
Northeast Pharma
Shandong Luwei
Shandong Tianli
Anhui Tiger
Ningxia Qiyuan
Zhengzhou Tuoyang
Henan Huaxing
Key Questions Addressed in this Report
What is the 10-year outlook for the global Vitamin C API market?
What factors are driving Vitamin C API market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Vitamin C API market opportunities vary by end market size?
How does Vitamin C API break out by Type, by Application?