Ascorbic Acid Market
Ascorbic Acid Market - Global Industry Assessment & Forecast
#
Pages:
147
Base Year:
2022
Mar - 2023
Format:
Report Code:
VMR-2040
Segments Covered
By
Applications Food & Beverages, Pharmaceutical, Beauty & Personal Care, Animal Feed
-
By
Types Potassium Ascorbate, Calcium Ascorbate, Magnesium Ascorbate, Other Types
-
By
Forms Powder, Liquid
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 1.4 Billion |
 Revenue 2030:
|
USD 2.0 Billion |
 Revenue CAGR
(2023 - 2030): |
5.5% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Ascorbic Acid Market Segment Analysis
- Ascorbic Acid Applications Outlook (Revenue, USD Million, 2018 - 2030)
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- Ascorbic Acid Types Outlook (Revenue, USD Million, 2018 - 2030)
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- Ascorbic Acid Forms Outlook (Revenue, USD Million, 2018 - 2030)
- Powder
- Liquid
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
-
North America Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
-
North America Ascorbic Acid Market, by Forms
- Powder
- Liquid
- U.S.
- U.S. Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- U.S. Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- U.S. Ascorbic Acid Market, by Forms
- Powder
- Liquid
- U.S. Ascorbic Acid Market, by Applications
- Canada
- Canada Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- Canada Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- Canada Ascorbic Acid Market, by Forms
- Powder
- Liquid
- Canada Ascorbic Acid Market, by Applications
-
Mexico
- Mexico Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- Mexico Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- Mexico Ascorbic Acid Market, by Forms
- Powder
- Liquid
- Mexico Ascorbic Acid Market, by Applications
-
North America Ascorbic Acid Market, by Applications
- Europe
-
Europe Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
-
Europe Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
-
Europe Ascorbic Acid Market, by Forms
- Powder
- Liquid
- U. K.
- U.K. Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- U.K. Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- U.K. Ascorbic Acid Market, by Forms
- Powder
- Liquid
- U.K. Ascorbic Acid Market, by Applications
- France
- France Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- France Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- France Ascorbic Acid Market, by Forms
- Powder
- Liquid
- France Ascorbic Acid Market, by Applications
-
Germany
- Germany Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- Germany Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- Germany Ascorbic Acid Market, by Forms
- Powder
- Liquid
- Germany Ascorbic Acid Market, by Applications
-
Italy
- Italy Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- Italy Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- Italy Ascorbic Acid Market, by Forms
- Powder
- Liquid
- Italy Ascorbic Acid Market, by Applications
-
Spain
- Spain Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- Spain Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- Spain Ascorbic Acid Market, by Forms
- Powder
- Liquid
- Spain Ascorbic Acid Market, by Applications
-
Rest of Europe
- Rest of Europe Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- Rest of Europe Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- Rest of Europe Ascorbic Acid Market, by Forms
- Powder
- Liquid
- Rest of Europe Ascorbic Acid Market, by Applications
-
Europe Ascorbic Acid Market, by Applications
- Asia Pacific
-
Asia Pacific Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
-
Asia Pacific Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
-
Asia Pacific Ascorbic Acid Market, by Forms
- Powder
- Liquid
- China
- China Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- China Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- China Ascorbic Acid Market, by Forms
- Powder
- Liquid
- China Ascorbic Acid Market, by Applications
- Japan
- Japan Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- Japan Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- Japan Ascorbic Acid Market, by Forms
- Powder
- Liquid
- Japan Ascorbic Acid Market, by Applications
-
Germany
- Germany Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- Germany Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- Germany Ascorbic Acid Market, by Forms
- Powder
- Liquid
- Germany Ascorbic Acid Market, by Applications
-
India
- India Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- India Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- India Ascorbic Acid Market, by Forms
- Powder
- Liquid
- India Ascorbic Acid Market, by Applications
-
South Korea
- South Korea Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- South Korea Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- South Korea Ascorbic Acid Market, by Forms
- Powder
- Liquid
- South Korea Ascorbic Acid Market, by Applications
-
South East Asia
- South East Asia Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- South East Asia Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- South East Asia Ascorbic Acid Market, by Forms
- Powder
- Liquid
- South East Asia Ascorbic Acid Market, by Applications
-
Rest of Asia Pacific
- Rest of Asia Pacific Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- Rest of Asia Pacific Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- Rest of Asia Pacific Ascorbic Acid Market, by Forms
- Powder
- Liquid
- Rest of Asia Pacific Ascorbic Acid Market, by Applications
-
Asia Pacific Ascorbic Acid Market, by Applications
- Latin America
-
Latin America Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
-
Latin America Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
-
Latin America Ascorbic Acid Market, by Forms
- Powder
- Liquid
- Brazil
- Brazil Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- Brazil Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- Brazil Ascorbic Acid Market, by Forms
- Powder
- Liquid
- Brazil Ascorbic Acid Market, by Applications
- Argentina
- Argentina Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- Argentina Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- Argentina Ascorbic Acid Market, by Forms
- Powder
- Liquid
- Argentina Ascorbic Acid Market, by Applications
-
Rest of Latin America
- Rest of Latin America Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- Rest of Latin America Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- Rest of Latin America Ascorbic Acid Market, by Forms
- Powder
- Liquid
- Rest of Latin America Ascorbic Acid Market, by Applications
-
Latin America Ascorbic Acid Market, by Applications
- Middle East & Africa
-
Middle East & Africa Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
-
Middle East & Africa Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
-
Middle East & Africa Ascorbic Acid Market, by Forms
- Powder
- Liquid
- GCC Countries
- GCC Countries Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- GCC Countries Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- GCC Countries Ascorbic Acid Market, by Forms
- Powder
- Liquid
- GCC Countries Ascorbic Acid Market, by Applications
- South Africa
- South Africa Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- South Africa Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- South Africa Ascorbic Acid Market, by Forms
- Powder
- Liquid
- South Africa Ascorbic Acid Market, by Applications
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Ascorbic Acid Market, by Applications
- Food & Beverages
- Pharmaceutical
- Beauty & Personal Care
- Animal Feed
- Rest of Middle East & Africa Ascorbic Acid Market, by Types
- Potassium Ascorbate
- Calcium Ascorbate
- Magnesium Ascorbate
- Other Types
- Rest of Middle East & Africa Ascorbic Acid Market, by Forms
- Powder
- Liquid
- Rest of Middle East & Africa Ascorbic Acid Market, by Applications
-
Middle East & Africa Ascorbic Acid Market, by Applications
- North America
Vantage Market
Research | 27-Mar-2023
FAQ
Frequently Asked Question
What is the global demand for Ascorbic Acid in terms of revenue?
-
The global Ascorbic Acid valued at USD 1.4 Billion in 2022 and is expected to reach USD 2.0 Billion in 2030 growing at a CAGR of 5.5%.
Which are the prominent players in the market?
-
The prominent players in the market are Luwei Pharmaceutical Group Co. Ltd. (China), Merck KGaA (Germany), Medisca Inc. (Canada), Vega Group Company Limited (China), Chemceed (U.S.), Reckon Organics Private Ltd. (India), Superior Supplement Manufacturing (U.S.), CSPC Pharmaceutical Group Limited (China), FUJIFILM Corporation (Japan), Muby Chemicals (India), Aland Health Holding Ltd (China), Bactolac Pharmaceutical Inc. (U.S.), Foodchem International Corporation (China), Botanic Healthcare (India), ACP Chemicals Inc (Canada), Pharmavit (U.S.), Northeast Pharmaceutical Group Co. Ltd. (China), Koninklijke (Netherlands), DSM N.V. (Netherlands), Blagden Specialty Chemicals Ltd. (U.K.), Glanbia PLC (Ireland).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.5% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Ascorbic Acid include
- Increasing use of ascorbic acid as preservative and antioxidant
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Ascorbic Acid in 2022.
