Vitamin C Market Analysis By Industry Size, Share, Revenue
Growth and Demand Forecast To 2031
The global vitamin c market is anticipated to grow at a
significant CAGR during the forecast period (2024-2031). The major factor that
is expected to accelerate the growth of the market during the forecast period
includes escalating demand for vitamin C supplements, drinks, and food items.
The growth of the market is attributed owing to its ability to support repairing
the damaged cells in the body. Vitamin C is a popular food additive and
ingredient that boasts diverse applications in various industries. It is
naturally found in some fruits and vegetables and acts as an essential nutrient
in human diets. Industrially, it is used across pharmaceuticals,
nutraceuticals, cosmetic and personal care, and other sectors.
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The prominence of vitamin C in the food and beverages
segment and its subsequent rise in demand as a preservative is acting as a
major factor accelerating the market growth. Vitamin C generally supports
enhancing iron absorption in the body which makes it a vital additive in iron
processed foods. Meanwhile, it also plays an indispensable role in stabilizing
the micronutrients. Importantly, the US Food and Drug Agency makes it mandatory
for micronutrient food fortification in order to offer nutritious food products
to the global population. A suitable and proper intake of Vitamin C based food
and beverages is expected to charge up the level of vitamin C in the body,
thereby gradually reducing the impact of COVID-19, which in turn is further
expected to boost the growth of the market during the forecast period.
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Market Coverage
• Segment
Covered-
·
By Type
·
By Source
• Regions
covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
Competitive Landscape: Koninklijke DSM N.V., Glanbia plc,
and Foodchem International Corp., among others.
Key questions addressed by the report
• What is
the market growth rate?
• Which
segment and region dominate the market in the base year?
• Which
segment and region will project the fastest growth in the market?
• How has
COVID-19 impacted the market?
o Deviation
from the pre-COVID-19 forecast
o Most
affected region and segment
• Who is
the leader in the market?
• How are
players addressing challenges to sustain growth?
• Where is
the investment opportunity?
Global Vitamin C Market Report by Segment
By Type
•
Calcium Ascorbate
•
Sodium Ascorbate
•
Magnesium Ascorbate
•
Coated Vitamin C
•
Potassium Ascorbate
•
D-Isoascorbic Acid
•
Ascorbic Acid
•
Others
By Source
•
Synthetic
•
Natural
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1. We cover more than 15 major industries, further segmented into more than 90
sectors.
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purchasing your report.
For
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Email: anurag@omrglobal.com
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