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Ascorbic Acid Market Revenue, Region & Country Share, Trends, Growth Analysis Till 2027

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jhon tanison

The elevating use of ascorbic acid in personal care products and the increasing demand for ascorbic acid for food fortification have resulted in boosting the Ascorbic Acid market. 

Market Size – USD 1.04 Billion in 2018, Market Growth - CAGR of 5.0%, Market Trends – The elevating use of ascorbic acid in personal care products

The Global Ascorbic Acid market is forecast to reach USD 1.63 Billion by 2027, according to a new report by Reports and Data. One of the major use of ascorbic acid is treating or preventing low levels of vitamin C among individuals lacking the vitamin in their diet. Usually, individuals with a balanced diet do not require to take it in supplement. The deficiency of vitamin C results in conditions like scurvy. Rising awareness about the adverse health impact of its deficiency acts as a major supporting factor for the expansion of the market. Its major antioxidant properties have resulted in its extensive use in the healthcare and beauty industry. It has a molecular formula of C6H8O6. Thus, factors like the increasing demand for ascorbic acid for food fortification, and the elevating use of ascorbic acid in personal care products are fostering the growth of the market. New product launches are also propelling the sector’s growth. As an instance, in November 2019, Blagden had launched a new stabilised Ascorbic Acid in the personal care sector in the UK. Such new launches results in elevating demand for this organic compound.

In regards to region, North America can be seen to hold a considerable share of the market. The market share held by this region is attributed to a well-established personal care sector and continuously growing pharmaceutical industry.

 

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/2611

 

The report puts an emphasis on the information regarding the key players with a special focus on their company profile, business overview, recent advancements, product catalog, and strategic business plans. It provides a comprehensive overview of the strategic alliances in the market under taken by the key players such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches, brand promotions, and corporate deals, among others.

 

Key companies operating in the market and profiled in the report include:

CSPC Pharma, DSM, Northeast Pharma, Shandong Luwei, Shandong Tianli, North China Pharma, Zhengzhou Tuoyang, Anhui Tiger, Henan Huaxing and BASF SE.

 

Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/2611

 

The Ascorbic Acid market takes into account major geographical locations such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa to offer key insights into market growth, market size, market share, revenue growth, current and emerging trends, supply and demand ratio, import/export, consumer demand and behavior, and presence of key players in each region. The report offers an in-depth country wise analysis to impart better understanding of the market and its growth prospects.

 

Segments Covered in the report

Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)

  • Calcium Ascorbate
  • Sodium Ascorbate
  • Magnesium Ascorbate
  • Potassium Ascorbate
  • D-Isoascorbic Acid

Grade Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)

  • Pharmaceutical Grade
  • Food Grade
  • Others

Form Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)

  • Tablet
  • Tonic
  • Injection

End-user Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)

  • Food & beverages
  • Pharmaceutical
  • Personal care
  • Others

 

Key Regions Analyzed in the Report include:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • Italy
    • France
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • U.A.E.
    • South Africa
    • Rest of MEA

To know more about the report @ https://www.reportsanddata.com/report-detail/ascorbic-acid-market

 

Furthermore, it consists information about individual segment of the Ascorbic Acid market based on the types and application. The report also offers insights about the key segments expected to register significant revenue growth over the forecast period and primary trends influencing their growth. It also offers CAGR and market share values for each segment to provide clear understanding of demand and trend in the global market.

 

Key Benefits of the Report:

  • Comprehensive overview of the changing dynamics of competitive landscape
  • Detail oriented futuristic prospects of factors driving and restraining growth of the market
  • Valuable insights on key market growth driving trends and monetary competence in the forecast period
  • Strategic recommendations to key players and new entrants to overcome barriers and challenges in the market
  • Revenue forecasts for the period of 2021-2027

 

Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/2611

Thank you for reading our report. For any specific details on customization of this report, please get in touch with us. We will ensure the report you get is well-suited to your needs.

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