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The global vitamin C market is expected to grow from USD 1.3 billion in 2019 to USD 1.8 billion by 2027, at a CAGR of 4.6% during the forecast period 2020-2027.
Vitamin C is an essential nutrient found in various fresh fruits and vegetables like citrus fruits, potatoes, tomatoes, broccoli and strawberry. It is used in the repair of tissue, treatment of scurvy & other diseases, as an antioxidant and the production of neurotransmitters. Additionally, vitamin C, also known as ascorbic acid and ascorbate, has immunity-boosting effects.
This study delivers a comprehensive analysis of types, forms, applications, and regions. The type segment includes potassium ascorbate, magnesium ascorbate, calcium ascorbate, sodium ascorbate, D-isoascorbic acid, and others. The sodium ascorbate segment is anticipated to dominate the market with the maximum revenue share within the type segment because of its applications as reducing agents and antioxidants. The form segment includes tablet, injection and tonic. The tablet segment is projected to hold a significant share due to its longer shelf life over other forms. On the basis of application, the market has been divided into foods & beverages, pharmaceutical & nutraceutical, cosmetics, animal feed, and others. Due to the presence of vitamin C in many foods and drinks, the foods & beverages sub-segment is forecasted to hold the majority of the market share. A restraint for market growth in this industry is the excess consumption of vitamin C leading to G.I. diseases.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia-Pacific region stands as a promising market for vitamin C and is expected to grow at the highest CAGR during the forecast period. An increasing population, which leads to rising consumption of vitamin C supplements & products is the major driving factor for market growth. The North American region holds the largest market share due to its usage in burgeoning sectors like cosmetics and pharmaceutical.
Some of the notable players in the vitamin C market are Abbott Laboratories, CSPC Pharma, North China Pharma, DuPont, Ningxia Qiyuan, Koninklijke DSM N.V., Henan Huaxing, Shandong Luwei, Nutraceutics Corp., Bayer AG, Danisco, Anhui Tiger, Zhengzhou Tuoyang, Shandong Tianli, GlaxoSmithKline plc and Amway among others. The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global vitamin C industry.
A new opportunity has emerged in the market for vitamin C manufacturers. The global pandemic of Covid-19 has increased consumption of vitamin C due to the belief of its immunity-boosting effects in fighting the novel coronavirus.
This study predicts revenue growth at global, national, and country levels from 2020 to 2027. Fior Markets has segmented the market based on below-mentioned segments:
Global Vitamin C Market Analysis And Forecast, By Type
Global Vitamin C Market Analysis And Forecast, By Form
Global Vitamin C Market Analysis And Forecast, By Applications
Global Vitamin C Market Analysis And Forecast, By Regional Analysis
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Form
4.3.3. Market Attractiveness Analysis By Applications
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restraints
5.4. Opportunities
5.5. Challenges
6. Global Vitamin C Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Potassium Ascorbate
6.3. Magnesium Ascorbate
6.4. Calcium Ascorbate
6.5. Sodium Ascorbate
6.6. D-Isoascorbic Acid
6.7. Others
7. Global Vitamin C Market Analysis and Forecast, By Form
7.1. Segment Overview
7.2. Tablet
7.3. Injection
7.4. Tonic
8. Global Vitamin C Market Analysis and Forecast, By Applications
8.1. Segment Overview
8.2. Foods & Beverages
8.3. Pharmaceutical & Nutraceutical
8.4. Cosmetics
8.5. Animal Feed
8.6. Others
9. Global Vitamin C Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Vitamin C Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Vitamin C Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Abbott Laboratories
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. CSPC Pharma
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. North China Pharma
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. DuPont
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Ningxia Qiyuan
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Koninklijke DSM N.V.
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Henan Huaxing
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Shandong Luwei
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Nutraceutics Corp.
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Bayer AG
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Danisco
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Anhui Tiger
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. Zhengzhou Tuoyang
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Shandong Tianli
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. GlaxoSmithKline plc
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Product Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
11.16. Amway
11.16.1. Business Overview
11.16.2. Company Snapshot
11.16.3. Company Market Share Analysis
11.16.4. Company Product Portfolio
11.16.5. Recent Developments
11.16.6. SWOT Analysis
List of Table
1. Global Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
2. Global Potassium Ascorbate In Vitamin C Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
3. Global Magnesium Ascorbate In Vitamin C Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
4. Global Magnesium Ascorbate In Vitamin C Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
5. Global Calcium Ascorbate In Vitamin C Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
6. Global D-Isoascorbic Acid In Vitamin C Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
7. Global Others In Vitamin C Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
8. Global Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
9. Global Tablet Vitamin C Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
10. Global Injection Vitamin C Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
11. Global Tonic Vitamin C Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
12. Global Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
13. Global Foods & Beverages Vitamin C Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
14. Global Pharmaceutical & Nutraceutical Vitamin C Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
15. Global Cosmetics Vitamin C Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
16. Global Animal Feed Vitamin C Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
17. Global Others Vitamin C Market, By Region, 2017–2027 (USD Billion)(Kilo Tons)
18. Global Vitamin C Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
19. Global Vitamin C Market, By North America, 2017–2027(USD Billion)(Kilo Tons)
20. North America Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
21. North America Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
22. North America Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
23. U.S. Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
24. U.S. Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
25. U.S. Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
26. Canada Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
27. Canada Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
28. Canada Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
29. Mexico Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
30. Mexico Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
31. Mexico Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
32. Europe Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
33. Europe Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
34. Europe Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
35. Germany Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
36. Germany Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
37. Germany Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
38. France Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
39. France Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
40. France Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
41. U.K. Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
42. U.K. Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
43. U.K. Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
44. Italy Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
45. Italy Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
46. Italy Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
47. Spain Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
48. Spain Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
49. Spain Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
50. Asia Pacific Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
51. Asia Pacific Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
52. Asia Pacific Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
53. Japan Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
54. Japan Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
55. Japan Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
56. China Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
57. China Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
58. China Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
59. India Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
60. India Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
61. India Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
62. South America Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
63. South America Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
64. South America Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
65. Brazil Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
66. Brazil Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
67. Brazil Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
68. Middle East and Africa Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
69. Middle East and Africa Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
70. Middle East Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
71. UAE Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
72. UAE Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
73. UAE Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
74. South Africa Vitamin C Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
75. South Africa Vitamin C Market, By Form , 2017–2027(USD Billion)(Kilo Tons)
76. South Africa Vitamin C Market, By Applications, 2017–2027(USD Billion)(Kilo Tons)
List of Figures
1. Global Vitamin C Market Segmentation
2. Vitamin C Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Vitamin C Market Attractiveness Analysis By Type
9. Global Vitamin C Market Attractiveness Analysis By Form
10. Global Vitamin C Market Attractiveness Analysis By Applications
11. Global Vitamin C Market Attractiveness Analysis By Region
12. Global Vitamin C Market: Dynamics
13. Global Vitamin C Market Share By Type (2019 & 2027)
14. Global Vitamin C Market Share By Form (2019 & 2027)
15. Global Vitamin C Market Share By Applications (2019 & 2027)
16. Global Vitamin C Market Share by Regions (2019 & 2027)
17. Global Vitamin C Market Share by Company (2019)
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Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –
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