Vitamin C Ingredients Market

Vitamin C Ingredients Market was valued at USD 9953 million in 2019 and is expected to register a CAGR of 2.8% during the forecast period.

Vitamin C is an essential antioxidant vitamin, also named as ascorbic acid and readily available in natural fruits and vegetables. The citrus fruits are like orange, kiwi, lemon, guava, grapefruit, and vegetables such as broccoli, cauliflower, Brussel sprouts and capsicums are rich sources of vitamin C. Vitamin C ingredients comprises Ascorbic Acid, Sodium Ascorbate, Calcium Ascorbate, Potassium Ascorbate, Magnesium Ascorbate, Ascorbic Acid 90% Granulation, Ascorbic Acid 95% Granulation, Ascorbic Acid 97% Granulation, Coated Vitamin C and Others. Vitamin C is a nutrient molecule involved in tissue repair and enhances the production of certain enzymes for neurotransmitters. Vitamin C protects the immune system with a higher number of WBC’s (lymphocytes and phagocytes), minimizes the incidence of cardiovascular disease, diabetes, eye disease, skin wrinkling and heart strokes. Vitamin C reduces Uric Acid Levels in the bloodstream to avoid gout attacks. The vitamin C makes collagen protein to heal the wounds. Vitamin C increases the absorption of non-heme iron molecules and aluminum content in the body to increase the level of oestrogen and reduces the occurrence of kidney stones or kidney dysfunction.

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Increasing health awareness among consumers and rising importance of the vitamin C ingredients for wound healing, and skin care is propelling the global vitamin C ingredients market. The vitamin C is a water-soluble ingredient material that heals wounds, nourishes skin cells, reduce the prevalence of diabetes, heart attacks, as well as blood pressure and supports immunity health, which will surge the demand of the global vitamin C ingredients market. The growing popularity of organic food and dietary supplements consumption among the end-users will further boost the need for the global vitamin C ingredients market. Growing nutritional deficiency of vitamin C due to fast-food consumption among the end-users which will further propel the growth of the global vitamin C ingredients market. In addition, the increase in shelf-stability of vitamin C molecules by different forms like encapsulation, fluidized bed coating, spray drying and extrusion will further bolster the demand of global vitamin C ingredients market. However, an overdose of vitamin C causes some of the allergies such as hyperoxaluria, skin flushing, nausea, headache, vomiting, diarrhea and stomach upset are a key restraint for the global vitamin C ingredients market.

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Based on the Source, global Vitamin C Ingredients market segmented into Natural and Synthetic. The synthetic vitamin C ingredients are expected to grow at a higher rate during the forecast period as it constitutes identical chemical properties, and higher shelf-life when compared with the natural vitamin C ingredients for food-processing and thus are being more preferred by the end-users.

Based on the Product Type, global Vitamin C Ingredients market segmented into Ascorbic Acid, Sodium Ascorbate, Calcium Ascorbate, Potassium Ascorbate, Magnesium Ascorbate, Ascorbic Acid 90% Granulation, Ascorbic Acid 95% Granulation, Ascorbic Acid 97% Granulation, Coated Vitamin C and Others. The Ascorbic Acid captured the highest market share because of multiple usages in a distinct range of applications in industries like food & beverages, pharmaceuticals and many more. The ascorbic acid is a monosaccharide that acts as antioxidants in food additives. Ascorbic acids are used in the form of salts and esters to remediate scurvy, minimizes spoilage in food products and acts as a preservative to store jams, jellies, bread, cured meats, spreads and other sources.

Based on the Form, global Vitamin C Ingredients market segmented into Powder, Granules, and Others. The powder form is projected to grow at a higher rate during the forecast period as it is easily soluble in different consistency during food-processing. Also, the powder form are comprising ultra-fine unbuffered vitamin C constituent with no additional ingredients which is driving the growth of the global Vitamin C Ingredients market in upcoming years.

Based on the Process, global Vitamin C Ingredients market segmented into Reichstein process and Two-stage fermentation process. The Reichstein process is expected to grow at a higher rate during the forecast period as it is environmental friendly and safe to consume for the end-users.

Based on the Application, the global Vitamin C Ingredients market segmented into Food, Beverages, Cosmetic and Personal Care Products, Pharmaceuticals, and Animal Feed. The food and beverage segment is expected to grow at a higher rate during the forecast period due to the high usage of food fortification in food processing industry. Moreover, food and beverage segment delivers a broader product offerings to enhance different brands’ footprint in retail outlets for the end-users, which is driving the demand of the global vitamin C ingredients market.

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Based on the region, the Asia-Pacific is projecting to grow at a faster rate during the forecast period. Growing health awareness among the consumers in developing countries like China, India and Japan will propel the demand of the global vitamin C ingredients market. The growing disposable income, along with high purchasing power of the population is boosting the global vitamin C ingredients market.

Various notable players operating in the market include Foodchem International Corporation, Koninklijke DSM N.V., CSPC Pharmaceutical Group Limited, Glanbia Nutritionals China (Suzhou) Co., Ltd., Northeast Pharmaceutical Group Co., Ltd., North China Pharmaceutical Co., Ltd., The TNN Development Limited, Hunan Sunshine Bio-Tech Co., Ltd, Microbelcaps, Wuhan Yuancheng Gongchuang Technology Co., Ltd., Hangzhou Focus Corporation, Beijing Heronsbill Food Material Co., Ltd., Merck, China BBCA Group Corporation, Manav Drugs, Triveni Interchem Pvt. Ltd., Shandong Luwei Pharmaceutical Co., Ltd. among others. The food manufacturers are concentrating on the newest strategies such as new product launch, collaboration, mergers & acquisitions, joint venture, expansion and investments to boost the need for the global Vitamin C Ingredients market.

The global Vitamin C Ingredients market has been segmented based on Source, Product Type, Form, Process, Application and key regions. Based on Source, the market is segmented Natural and Synthetic. Based on Product Type, the market is segmented Ascorbic Acid, Sodium Ascorbate, Calcium Ascorbate, Potassium Ascorbate, Magnesium Ascorbate, Ascorbic Acid 90% Granulation, Ascorbic Acid 95% Granulation, Ascorbic Acid 97% Granulation, Coated Vitamin C and Others. Based on Form, the market is segmented Powder, Granules and Others. Based on Process, the market is segmented Reichstein process and Two-stage fermentation process. Based on the Application, the market is segmented Food, Beverages, Cosmetic and Personal Care Products, Pharmaceuticals and Animal Feed.

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Key questions answered in this research report:

• • At what pace is the global Vitamin C Ingredients market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Vitamin C Ingredients market?
  • Which Source generated maximum revenues in 2019 and identify the most promising Source during the forecast period?
  • What are the various application areas of global Vitamin C Ingredients market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation:

Global Vitamin C Ingredients Market by Source

• • Natural
  • Synthetic

Global Vitamin C Ingredients Market by Product Type

• • Ascorbic Acid
  • Sodium Ascorbate
  • Calcium Ascorbate
  • Potassium Ascorbate
  • Magnesium Ascorbate
  • Ascorbic Acid 90% Granulation
  • Ascorbic Acid 95% Granulation
  • Ascorbic Acid 97% Granulation
  • Coated Vitamin C
  • Others

Global Vitamin C Ingredients Market by Form

• • Powder
  • Granules
  • Others

Global Vitamin C Ingredients Market by Process

• • Reichstein process
  • Two-stage fermentation process

Global Vitamin C Ingredients Market by Application

• • Food
    • Bakery Products
    • Meat Products
    • Jams and Jellies
    • Sports Nutrition
    • Others
  • Beverages
    • Juices
    • Drinks
    • Functional Beverages
  • Cosmetic and Personal Care Products
  • Pharmaceuticals
  • Animal Feed

Global Vitamin C Ingredients Market by Region

• • North America Vitamin C Ingredients Market
    Option 1: As a part of the free 25% customization
    • North America Vitamin C Ingredients Market by Source
    • North America Vitamin C Ingredients Market by Product Type
    • North America Vitamin C Ingredients Market by Form
    • North America Vitamin C Ingredients Market by Process
    • North America Vitamin C Ingredients Market by Application
    • US Vitamin C Ingredients Market All-Up
    • Canada Vitamin C Ingredients Market All-Up
  • Europe Vitamin C Ingredients Market
    Option 2: As a part of the free 25% customization
    • Europe Vitamin C Ingredients Market by Source
    • Europe Vitamin C Ingredients Market by Product Type
    • Europe Vitamin C Ingredients Market by Form
    • Europe Vitamin C Ingredients Market by Process
    • Europe Vitamin C Ingredients Market by Application
    • UK Vitamin C Ingredients Market All-Up
    • Germany All-Up Vitamin C Ingredients Market All-Up
    • France Vitamin C Ingredients Market All-Up
    • Spain Vitamin C Ingredients Market All-Up
    • Rest of Europe Vitamin C Ingredients Market All-Up
  • Asia-Pacific Vitamin C Ingredients Market
    Option 3: As a part of the free 25% customization
    • Asia-Pacific Vitamin C Ingredients Market by Source
    • Asia-Pacific Vitamin C Ingredients Market by Product Type
    • Asia-Pacific Vitamin C Ingredients Market by Form
    • Asia-Pacific Vitamin C Ingredients Market by Process
    • Asia-Pacific Vitamin C Ingredients Market by Application
    • China Vitamin C Ingredients Market All-Up
    • India Vitamin C Ingredients Market All-Up
    • Japan Vitamin C Ingredients Market All-Up
    • Rest of APAC Vitamin C Ingredients Market All-Up
  • ROW Vitamin C Ingredients Market
    Option 4: As a part of the free 25% customization
    • RoW Vitamin C Ingredients Market by Source
    • RoW Vitamin C Ingredients Market by Product Type
    • RoW Vitamin C Ingredients Market by Form
    • RoW Vitamin C Ingredients Market by Process
    • RoW Vitamin C Ingredients Market by Application
    • Brazil Vitamin C Ingredients Market All-Up
    • South Africa Vitamin C Ingredients Market All-Up
    • Saudi Arabia Vitamin C Ingredients Market All-Up
    • UAE Vitamin C Ingredients Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Vitamin C Ingredients Market All-Up

Leading market players (Option 5: Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Foodchem International Corporation
  • Koninklijke DSM N.V.
  • CSPC Pharmaceutical Group Limited
  • Glanbia Nutritionals China (Suzhou) Co., Ltd
  • Northeast Pharmaceutical Group Co., Ltd.
  • North China Pharmaceutical Co., Ltd.
  • The TNN Development Limited
  • Hunan Sunshine Bio-Tech Co., Ltd
  • Microbelcaps
  • Wuhan Yuancheng Gongchuang Technology Co., Ltd.
  • Hangzhou Focus Corporation
  • Beijing Heronsbill Food Material Co., Ltd
  • Merck
  • China BBCA Group Corporation
  • Manav Drugs
  • Triveni Interchem Pvt. Ltd.
  • Shandong Luwei Pharmaceutical Co., Ltd.