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L-Ascorbic Acid-Global Market Insights and Sales Trends 2025
Synopsis
L-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 L-Ascorbic Acid market size is expected to reach US$ 1630.8 million by 2029, growing at a CAGR of 3.2% from 2023 to 2029. The market is mainly driven by the significant applications of L-Ascorbic Acid in various end use industries. The expanding demands from the Food & Beverage, Pharmaceuticals & Healthcare, Feed and Cosmetics, are propelling L-Ascorbic Acid market. Food Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Pharmaceutical Grade segment is estimated at % CAGR for the next seven-year period.
The market of L-ascorbic acid is mainly growing on the ground of increasing application across various end-user industries such as cosmetic, animal feed, pharmaceutical, and food industries. Increasing demand for dietary supplement along with the rising usage of the product as preservative across the food and beverage industry is also expected to expand the industry growth. The increasing prevalence of the skin-related disease is fueling the demand for L-ascorbic acid which is also projected to propel the market growth. Additionally, growing demand for anti-aging cremes, sunscreen lotions, and other bio-based cosmetic products owing to varying climatic dynamics are expected to boost the demand for L-ascorbic acid over the forecast period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for L-Ascorbic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global L-Ascorbic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global L-Ascorbic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, L-Ascorbic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of L-Ascorbic Acid covered in this report include DSM, CSPC Pharma, Shandong Luwei, Northeast Pharma, North China Pharma, Shandong Tianli, Ningxia Qiyuan, Zhengzhou Tuoyang and Henan Huaxing, etc.
The global L-Ascorbic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DSM
CSPC Pharma
Shandong Luwei
Northeast Pharma
North China Pharma
Shandong Tianli
Ningxia Qiyuan
Zhengzhou Tuoyang
Henan Huaxing
Anhui Tiger
Global L-Ascorbic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global L-Ascorbic Acid market, Segment by Type:
Food Grade
Pharmaceutical Grade
Feed Grade
Global L-Ascorbic Acid market, by Application
Food & Beverage
Pharmaceuticals & Healthcare
Feed
Cosmetics
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of L-Ascorbic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of L-Ascorbic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
L-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 L-Ascorbic Acid market size is expected to reach US$ 1630.8 million by 2029, growing at a CAGR of 3.2% from 2023 to 2029. The market is mainly driven by the significant applications of L-Ascorbic Acid in various end use industries. The expanding demands from the Food & Beverage, Pharmaceuticals & Healthcare, Feed and Cosmetics, are propelling L-Ascorbic Acid market. Food Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Pharmaceutical Grade segment is estimated at % CAGR for the next seven-year period.
The market of L-ascorbic acid is mainly growing on the ground of increasing application across various end-user industries such as cosmetic, animal feed, pharmaceutical, and food industries. Increasing demand for dietary supplement along with the rising usage of the product as preservative across the food and beverage industry is also expected to expand the industry growth. The increasing prevalence of the skin-related disease is fueling the demand for L-ascorbic acid which is also projected to propel the market growth. Additionally, growing demand for anti-aging cremes, sunscreen lotions, and other bio-based cosmetic products owing to varying climatic dynamics are expected to boost the demand for L-ascorbic acid over the forecast period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for L-Ascorbic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global L-Ascorbic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global L-Ascorbic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, L-Ascorbic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of L-Ascorbic Acid covered in this report include DSM, CSPC Pharma, Shandong Luwei, Northeast Pharma, North China Pharma, Shandong Tianli, Ningxia Qiyuan, Zhengzhou Tuoyang and Henan Huaxing, etc.
The global L-Ascorbic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DSM
CSPC Pharma
Shandong Luwei
Northeast Pharma
North China Pharma
Shandong Tianli
Ningxia Qiyuan
Zhengzhou Tuoyang
Henan Huaxing
Anhui Tiger
Global L-Ascorbic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global L-Ascorbic Acid market, Segment by Type:
Food Grade
Pharmaceutical Grade
Feed Grade
Global L-Ascorbic Acid market, by Application
Food & Beverage
Pharmaceuticals & Healthcare
Feed
Cosmetics
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of L-Ascorbic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of L-Ascorbic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 L-Ascorbic Acid Market Overview
1.1 L-Ascorbic Acid Product Overview
1.2 L-Ascorbic Acid Market Segment by Type
1.2.1 Food Grade
1.2.2 Pharmaceutical Grade
1.2.3 Feed Grade
1.3 Global L-Ascorbic Acid Market Size by Type
1.3.1 Global L-Ascorbic Acid Market Size Overview by Type (2018-2029)
1.3.2 Global L-Ascorbic Acid Historic Market Size Review by Type (2018-2023)
1.3.3 Global L-Ascorbic Acid Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America L-Ascorbic Acid Sales Breakdown by Type (2018-2023)
1.4.2 Europe L-Ascorbic Acid Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific L-Ascorbic Acid Sales Breakdown by Type (2018-2023)
1.4.4 Latin America L-Ascorbic Acid Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa L-Ascorbic Acid Sales Breakdown by Type (2018-2023)
2 Global L-Ascorbic Acid Market Competition by Company
2.1 Global Top Players by L-Ascorbic Acid Sales (2018-2023)
2.2 Global Top Players by L-Ascorbic Acid Revenue (2018-2023)
2.3 Global Top Players by L-Ascorbic Acid Price (2018-2023)
2.4 Global Top Manufacturers L-Ascorbic Acid Manufacturing Base Distribution, Sales Area, Product Type
2.5 L-Ascorbic Acid Market Competitive Situation and Trends
2.5.1 L-Ascorbic Acid Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by L-Ascorbic Acid Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in L-Ascorbic Acid as of 2022)
2.7 Date of Key Manufacturers Enter into L-Ascorbic Acid Market
2.8 Key Manufacturers L-Ascorbic Acid Product Offered
2.9 Mergers & Acquisitions, Expansion
3 L-Ascorbic Acid Status and Outlook by Region
3.1 Global L-Ascorbic Acid Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global L-Ascorbic Acid Historic Market Size by Region
3.2.1 Global L-Ascorbic Acid Sales in Volume by Region (2018-2023)
3.2.2 Global L-Ascorbic Acid Sales in Value by Region (2018-2023)
3.2.3 Global L-Ascorbic Acid Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global L-Ascorbic Acid Forecasted Market Size by Region
3.3.1 Global L-Ascorbic Acid Sales in Volume by Region (2024-2029)
3.3.2 Global L-Ascorbic Acid Sales in Value by Region (2024-2029)
3.3.3 Global L-Ascorbic Acid Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global L-Ascorbic Acid by Application
4.1 L-Ascorbic Acid Market Segment by Application
4.1.1 Food & Beverage
4.1.2 Pharmaceuticals & Healthcare
4.1.3 Feed
4.1.4 Cosmetics
4.2 Global L-Ascorbic Acid Market Size by Application
4.2.1 Global L-Ascorbic Acid Market Size Overview by Application (2018-2029)
4.2.2 Global L-Ascorbic Acid Historic Market Size Review by Application (2018-2023)
4.2.3 Global L-Ascorbic Acid Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America L-Ascorbic Acid Sales Breakdown by Application (2018-2023)
4.3.2 Europe L-Ascorbic Acid Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific L-Ascorbic Acid Sales Breakdown by Application (2018-2023)
4.3.4 Latin America L-Ascorbic Acid Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa L-Ascorbic Acid Sales Breakdown by Application (2018-2023)
5 North America L-Ascorbic Acid by Country
5.1 North America L-Ascorbic Acid Historic Market Size by Country
5.1.1 North America L-Ascorbic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America L-Ascorbic Acid Sales in Volume by Country (2018-2023)
5.1.3 North America L-Ascorbic Acid Sales in Value by Country (2018-2023)
5.2 North America L-Ascorbic Acid Forecasted Market Size by Country
5.2.1 North America L-Ascorbic Acid Sales in Volume by Country (2024-2029)
5.2.2 North America L-Ascorbic Acid Sales in Value by Country (2024-2029)
6 Europe L-Ascorbic Acid by Country
6.1 Europe L-Ascorbic Acid Historic Market Size by Country
6.1.1 Europe L-Ascorbic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe L-Ascorbic Acid Sales in Volume by Country (2018-2023)
6.1.3 Europe L-Ascorbic Acid Sales in Value by Country (2018-2023)
6.2 Europe L-Ascorbic Acid Forecasted Market Size by Country
6.2.1 Europe L-Ascorbic Acid Sales in Volume by Country (2024-2029)
6.2.2 Europe L-Ascorbic Acid Sales in Value by Country (2024-2029)
7 Asia-Pacific L-Ascorbic Acid by Region
7.1 Asia-Pacific L-Ascorbic Acid Historic Market Size by Region
7.1.1 Asia-Pacific L-Ascorbic Acid Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific L-Ascorbic Acid Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific L-Ascorbic Acid Sales in Value by Region (2018-2023)
7.2 Asia-Pacific L-Ascorbic Acid Forecasted Market Size by Region
7.2.1 Asia-Pacific L-Ascorbic Acid Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific L-Ascorbic Acid Sales in Value by Region (2024-2029)
8 Latin America L-Ascorbic Acid by Country
8.1 Latin America L-Ascorbic Acid Historic Market Size by Country
8.1.1 Latin America L-Ascorbic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America L-Ascorbic Acid Sales in Volume by Country (2018-2023)
8.1.3 Latin America L-Ascorbic Acid Sales in Value by Country (2018-2023)
8.2 Latin America L-Ascorbic Acid Forecasted Market Size by Country
8.2.1 Latin America L-Ascorbic Acid Sales in Volume by Country (2024-2029)
8.2.2 Latin America L-Ascorbic Acid Sales in Value by Country (2024-2029)
9 Middle East and Africa L-Ascorbic Acid by Country
9.1 Middle East and Africa L-Ascorbic Acid Historic Market Size by Country
9.1.1 Middle East and Africa L-Ascorbic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa L-Ascorbic Acid Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa L-Ascorbic Acid Sales in Value by Country (2018-2023)
9.2 Middle East and Africa L-Ascorbic Acid Forecasted Market Size by Country
9.2.1 Middle East and Africa L-Ascorbic Acid Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa L-Ascorbic Acid Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 DSM
10.1.1 DSM Company Information
10.1.2 DSM Introduction and Business Overview
10.1.3 DSM L-Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
10.1.4 DSM L-Ascorbic Acid Products Offered
10.1.5 DSM Recent Development
10.2 CSPC Pharma
10.2.1 CSPC Pharma Company Information
10.2.2 CSPC Pharma Introduction and Business Overview
10.2.3 CSPC Pharma L-Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
10.2.4 CSPC Pharma L-Ascorbic Acid Products Offered
10.2.5 CSPC Pharma Recent Development
10.3 Shandong Luwei
10.3.1 Shandong Luwei Company Information
10.3.2 Shandong Luwei Introduction and Business Overview
10.3.3 Shandong Luwei L-Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Shandong Luwei L-Ascorbic Acid Products Offered
10.3.5 Shandong Luwei Recent Development
10.4 Northeast Pharma
10.4.1 Northeast Pharma Company Information
10.4.2 Northeast Pharma Introduction and Business Overview
10.4.3 Northeast Pharma L-Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Northeast Pharma L-Ascorbic Acid Products Offered
10.4.5 Northeast Pharma Recent Development
10.5 North China Pharma
10.5.1 North China Pharma Company Information
10.5.2 North China Pharma Introduction and Business Overview
10.5.3 North China Pharma L-Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
10.5.4 North China Pharma L-Ascorbic Acid Products Offered
10.5.5 North China Pharma Recent Development
10.6 Shandong Tianli
10.6.1 Shandong Tianli Company Information
10.6.2 Shandong Tianli Introduction and Business Overview
10.6.3 Shandong Tianli L-Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Shandong Tianli L-Ascorbic Acid Products Offered
10.6.5 Shandong Tianli Recent Development
10.7 Ningxia Qiyuan
10.7.1 Ningxia Qiyuan Company Information
10.7.2 Ningxia Qiyuan Introduction and Business Overview
10.7.3 Ningxia Qiyuan L-Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Ningxia Qiyuan L-Ascorbic Acid Products Offered
10.7.5 Ningxia Qiyuan Recent Development
10.8 Zhengzhou Tuoyang
10.8.1 Zhengzhou Tuoyang Company Information
10.8.2 Zhengzhou Tuoyang Introduction and Business Overview
10.8.3 Zhengzhou Tuoyang L-Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Zhengzhou Tuoyang L-Ascorbic Acid Products Offered
10.8.5 Zhengzhou Tuoyang Recent Development
10.9 Henan Huaxing
10.9.1 Henan Huaxing Company Information
10.9.2 Henan Huaxing Introduction and Business Overview
10.9.3 Henan Huaxing L-Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Henan Huaxing L-Ascorbic Acid Products Offered
10.9.5 Henan Huaxing Recent Development
10.10 Anhui Tiger
10.10.1 Anhui Tiger Company Information
10.10.2 Anhui Tiger Introduction and Business Overview
10.10.3 Anhui Tiger L-Ascorbic Acid Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Anhui Tiger L-Ascorbic Acid Products Offered
10.10.5 Anhui Tiger Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 L-Ascorbic Acid Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 L-Ascorbic Acid Industrial Chain Analysis
11.4 L-Ascorbic Acid Market Dynamics
11.4.1 L-Ascorbic Acid Industry Trends
11.4.2 L-Ascorbic Acid Market Drivers
11.4.3 L-Ascorbic Acid Market Challenges
11.4.4 L-Ascorbic Acid Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 L-Ascorbic Acid Distributors
12.3 L-Ascorbic Acid Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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