Vitamin C Market Research Report- Forecast to 2023

Vitamin C Market Research Report- Forecast to 2023

ID: MRFR/F-B & N/1406-HCRR | November, 2018 | Region: Global | 110 pages | Half-Cooked Research Reports

Global Vitamin C Market Research Report: by Type (Sodium Ascorbate, Calcium Ascorbate, Potassium Ascorbate, Magnesium Ascorbate, D-Isoascorbic Acid and Others) by Form (Tonic, Tablet, Injection), by application, and region forecast till 2023


Market Synopsis of Vitamin C market


Market Definition


Vitamin C, also known as ascorbic acid, is a water-soluble nutrient found in plants, and is mainly used as a dietary supplement. It is also used for the prevention and treatment of scurvy. Vitamin C acts as an antioxidant in the human body. It helps to fight infections, heal wounds, and keep tissues healthy in the human body. It also accelerates the absorption of iron. It is difficult to get all the vitamin C in the right amount from regular diet, which has raised the demand for vitamin C as a dietary supplement. The intake of vitamin C can be through various forms including tablet, powder, and liquid.


Market Scenario       


Vitamin C helps to prevent and cure various health problems, such as scurvy, improve the immune system, and heal wounds, which are driving the growth of the market. Rising working population and their inclination towards processed foods has led to a rise in Vitamin C market growth. Vitamin C is water soluble and is circulated easily in body, unlike any other vitamin. Excess intake of vitamin C doesn’t create any side effects as it has very low toxicity. Thus, vitamin C is widely used for food fortification in a wide range of applications, such as juices & sports drinks, convenience foods, functional food & beverages, confectionery products, and bakery products.


Vitamin C is widely used in dietary supplements, food & beverages, pharmaceutical, cosmetics & personal care, and pet food industry. Rising demand for vitamin C supplements, anti-aging cream, sunscreen lotions, and other products due to changing climatic patters drive the vitamin C market demand.


It is used as a preservative in a vast array of food products, including jams, jellies, sauces, bread, and cured meat products. The shift in consumer preference towards healthy food consumption has led to rise in the vitamin C market size.


  Key Findings



  • Key players in the vitamin C market are focusing on acquisitions and new product launches

  • Vitamin C is used in cosmetics, pharmaceutical, animal feed, and processed food industries.


Segments


By type, vitamin C is segmented into sodium ascorbate, calcium ascorbate, potassium ascorbate, magnesium ascorbate, D-is ascorbic acid, and others. Among all, the sodium ascorbate segment is dominating the market as sodium ascorbate is used as a reducing agent and has antioxidant properties.


Based on form, vitamin C market is segmented into tonic, tablet, and injection. The tablet form of vitamin supplement is dominating the market and is expected to continue growing over the forecast period.


By application, vitamin C market is segmented into pharmaceutical, cosmetics, foods & beverages, and animal feed. Among all the applications, use of vitamin C in foods & beverages segment holds the major market share and the segment is dominating the market and is likely to experience an exponential growth over the forecast period. Use of vitamin C in foods & beverages product as a food preservative is the foremost reason for the growth of vitamin C market.


Regional Analysis


The global vitamin C market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). Among all the region North America is dominate the vitamin C market followed by Europe due to the increasing demand from pharmaceutical and cosmetic industry.


Asia-Pacific is the fastest growing market for vitamin C. Increasing consumer awareness about the benefits of vitamin C and product availability are the major factors driving the growth of the market in this region.


Key Players


Some of the key players profiled in the global vitamin C market are Amway (U.S.), Abbott Laboratories (U.S.), Abbott Laboratories (U.S.), GlaxoSmithKline plc (U.K), GlaxoSmithKline plc (U.K), Nutraceutics Inc., (U.S.), Nutraceutics Inc., (U.S.), Danisco (U.K), and Bayer AG (Germany).


The global vitamin C market is segmented under the following regions


North America



  • U.S.

  • Canada

  • Mexico


Europe



  • Germany

  • France

  • Italy

  • Spain

  • U.K

  • Rest of Europe


Asia-Pacific



  • China

  • India

  • Australia

  • Japan

  • Rest of Asia-Pacific


Rest of the world



  • Brazil

  • Argentina

  • South Africa

  • Others


The report for Global Vitamin C market of Market Research Future covers extensive primary research. This is accompanied by a detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.


Intended Audience



  • Vitamin C manufacturers

  • Dietary supplements

  • Food processors

  • Retailers, wholesaler, and distributor

  • Traders, importers, and exporters

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Type

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End-Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Intensity of Competitive Rivalry

5 Market Dynamics of Global Vitamin C Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

5.6 Trends/Form’s

6. Global Vitamin C Market, by Form

6.1 Introduction

6.2 Tonic

6.2.1 Market Estimates & Forecast, 2018–2023

6.2.2 Market Estimates & Forecast, by Region, 2018–2023

6.3 Tablet

6.3.1 Market Estimates & Forecast, 2018–2023

6.3.2 Market Estimates & Forecast, by Region, 2018–2023

6.4 Injection

6.4.1 Market Estimates & Forecast, 2018–2023

6.4.2 Market Estimates & Forecast, by Region, 2018–2023

7. Global Vitamin C Market, by Type

7.1 Introduction

7.2 Sodium Ascorbate

7.2.1 Market Estimates & Forecast, 2018–2023

7.2.2 Market Estimates & Forecast, by Region, 2018–2023

7.3 Calcium Ascorbate

7.3.1 Market Estimates & Forecast, 2018–2023

7.3.2 Market Estimates & Forecast, by Region, 2018–2023

7.4 Potassium Ascorbate

7.4.1 Market Estimates & Forecast, 2018–2023

7.4.2 Market Estimates & Forecast, by Region, 2018–2023

7.5 Magnesium Ascorbate

7.5.1 Market Estimates & Forecast, 2018–2023

7.5.2 Market Estimates & Forecast, by Region, 2018–2023

7.6 D-Isoascorbic Acid

7.6.1 Market Estimates & Forecast, 2018–2023

7.6.2 Market Estimates & Forecast, by Region, 2018–2023

7.7 Others

7.7.1 Market Estimates & Forecast, 2018–2023

7.7.2 Market Estimates & Forecast, by Region, 2018–2023

8. Global Vitamin C Market, by Application

8.1 Introduction

8.2 Pharmaceutical

8.2.1 Market Estimates & Forecast, 2018–2023

8.2.2 Market Estimates & Forecast, by Region, 2018–2023

8.3 Cosmetics

8.3.1 Market Estimates & Forecast, 2018–2023

8.3.2 Market Estimates & Forecast, by Region, 2018–2023

8.4 Food and Feed industry

8.4.1 Market Estimates & Forecast, 2018–2023

8.4.2 Market Estimates & Forecast, by Region, 2018–2023

9. Global Vitamin C Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2018–2023

9.2.2 Market Estimates & Forecast, by Form, 2018–2023

9.2.3 Market Estimates & Forecast, by Type, 2018–2023

9.2.4 Market Estimates & Forecast, by Application, 2018–2023

9.2.5 U.S.

9.2.5.1 Market Estimates & Forecast, 2018–2023

9.2.5.2 Market Estimates & Forecast, by Form, 2018–2023

9.2.5.3 Market Estimates & Forecast, by Type, 2018–2023

9.2.5.4 Market Estimates & Forecast, by Application, 2018–2023

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, 2018–2023

9.2.6.2 Market Estimates & Forecast, by Form, 2018–2023

9.2.6.3 Market Estimates & Forecast, by Type, 2018–2023

9.2.6.4 Market Estimates & Forecast, by Application, 2018–2023

9.3 Europe

9.3.1 Market Estimates & Forecast, 2018–2023

9.3.2 Market Estimates & Forecast, by Form, 2018–2023

9.3.3 Market Estimates & Forecast, by Type, 2018–2023

9.3.4 Market Estimates & Forecast, by Application, 2018–2023

9.3.5 Germany

9.3.5.1 Market Estimates & Forecast, 2018–2023

9.3.5.2 Market Estimates & Forecast, by Form, 2018–2023

9.3.5.3 Market Estimates & Forecast, by Type, 2018–2023

9.3.5.4 Market Estimates & Forecast, by Application, 2018–2023

9.3.6. France

9.3.6.1 Market Estimates & Forecast, 2018–2023

9.3.6.2 Market Estimates & Forecast, by Form, 2018–2023

9.3.6.3 Market Estimates & Forecast, by Type, 2018–2023

9.3.6.4 Market Estimates & Forecast, by Application, 2018–2023

9.3.7 Italy

9.3.7.1 Market Estimates & Forecast, 2018–2023

9.3.7.2 Market Estimates & Forecast, by Form, 2018–2023

9.3.7.3 Market Estimates & Forecast, by Type, 2018–2023

9.3.7.4 Market Estimates & Forecast, by Application, 2018–2023

9.3.8 Spain

9.3.8.1 Market Estimates & Forecast, 2018–2023

9.3.8.2 Market Estimates & Forecast, by Form, 2018–2023

9.3.8.3 Market Estimates & Forecast, by Type, 2018–2023

9.3.8.4 Market Estimates & Forecast, by Application, 2018–2023

9.3.9 U.K.

9.3.9.1 Market Estimates & Forecast, 2018–2023

9.3.9.2 Market Estimates & Forecast, by Form, 2018–2023

9.3.9.3 Market Estimates & Forecast, by Type, 2018–2023

9.3.9.4 Market Estimates & Forecast, by Application, 2018–2023

9.3.10 Russia

9.3.10.1 Market Estimates & Forecast, 2018–2023

9.3.10.2 Market Estimates & Forecast, by Form, 2018–2023

9.3.10.3 Market Estimates & Forecast, by Type, 2018–2023

9.3.10.4 Market Estimates & Forecast, by Application, 2018–2023

9.3.11 Poland

9.3.11.1 Market Estimates & Forecast, 2018–2023

9.3.11.2 Market Estimates & Forecast, by Form, 2018–2023

9.3.11.3 Market Estimates & Forecast, by Type, 2018–2023

9.3.11.4 Market Estimates & Forecast, by Application,2018–2023

9.3.12 Rest of Europe

9.3.12.1 Market Estimates & Forecast, 2018–2023

9.3.12.2 Market Estimates & Forecast, by Form, 2018–2023

9.3.12.3 Market Estimates & Forecast, by Type, 2018–2023

9.3.12.4 Market Estimates & Forecast, by Application,2018–2023

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, 2018–2023

9.4.2 Market Estimates & Forecast, by Form, 2018–2023

9.4.3 Market Estimates & Forecast, by Type, 2018–2023

9.4.4 Market Estimates & Forecast, by Application, 2018–2023

9.4.5 China

9.4.5.1 Market Estimates & Forecast, 2018–2023

9.4.5.2 Market Estimates & Forecast, by Form, 2018–2023

9.4.5.3 Market Estimates & Forecast, by Type, 2018–2023

9.4.5.3 Market Estimates & Forecast, by Application, 2018–2023

9.4.6 India

9.4.6.1 Market Estimates & Forecast, 2018–2023

9.4.6.2 Market Estimates & Forecast, by Form, 2018–2023

9.4.6.3 Market Estimates & Forecast, by Type, 2018–2023

9.4.6.4 Market Estimates & Forecast, by Application, 2018–2023

9.4.7 Japan

9.4.7.1 Market Estimates & Forecast, 2018–2023

9.4.7.2 Market Estimates & Forecast, by Form, 2018–2023

9.4.7.3 Market Estimates & Forecast, by Type, 2018–2023

9.4.7.4 Market Estimates & Forecast, by Application, 2018–2023

9.4.8 Australia & New Zealand

9.4.8.1 Market Estimates & Forecast, 2018–2023

9.4.8.2 Market Estimates & Forecast, by Form, 2018–2023

9.4.8.3 Market Estimates & Forecast, by Type, 2018–2023

9.4.8.4 Market Estimates & Forecast, by Application, 2018–2023

9.4.9 Rest of Asia-Pacific

9.4.9.1 Market Estimates & Forecast, 2018–2023

9.4.9.2 Market Estimates & Forecast, by Form, 2018–2023

9.4.9.3 Market Estimates & Forecast, by Type, 2018–2023

9.4.9.4 Market Estimates & Forecast, by Application, 2018–2023

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2018–2023

9.5.2 Market Estimates & Forecast, by Form, 2018–2023

9.5.3 Market Estimates & Forecast, by Type, 2018–2023

9.5.4 Market Estimates & Forecast, by Application, 2018–2023

9.5.5 GCC

9.5.5.1 Market Estimates & Forecast, 2018–2023

9.5.5.2 Market Estimates & Forecast, by Form, 2018–2023

9.5.5.3 Market Estimates & Forecast, by Type, 2018–2023

9.5.5.4 Market Estimates & Forecast, by Application, 2018–2023

9.5.6 Israel

9.5.6.1 Market Estimates & Forecast, 2018–2023

9.5.6.2 Market Estimates & Forecast, by Form, 2018–2023

9.5.6.3 Market Estimates & Forecast, by Type, 2018–2023

9.5.6.4 Market Estimates & Forecast, by Application, 2018–2023

9.5.7 North Africa

9.5.7.1 Market Estimates & Forecast, 2018–2023

9.5.7.2 Market Estimates & Forecast, by Form, 2018–2023

9.5.7.3 Market Estimates & Forecast, by Type, 2018–2023

9.5.7.4 Market Estimates & Forecast, by Application, 2018–2023

9.5.8 Turkey

9.5.8.1 Market Estimates & Forecast, 2018–2023

9.5.8.2 Market Estimates & Forecast, by Form, 2018–2023

9.5.8.3 Market Estimates & Forecast, by Type, 2018–2023

9.5.8.4 Market Estimates & Forecast, by Application, 2018–2023

9.5.9 Rest of the Middle East & Africa

9.5.9.1 Market Estimates & Forecast, 2018–2023

9.5.9.2 Market Estimates & Forecast, by Form, 2018–2023

9.5.9.3 Market Estimates & Forecast, by Type, 2018–2023

9.5.9.4 Market Estimates & Forecast, by Application, 2018–2023

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2018–2023

9.6.2 Market Estimates & Forecast, by Form, 2018–2023

9.6.3 Market Estimates & Forecast, by Type, 2018–2023

9.6.4 Market Estimates & Forecast, by Application, 2018–2023

9.6.5 Brazil

9.6.5.1 Market Estimates & Forecast, 2018–2023

9.6.5.2 Market Estimates & Forecast, by Form, 2018–2023

9.6.5.3 Market Estimates & Forecast, by Type, 2018–2023

9.6.5.4 Market Estimates & Forecast, by Application, 2018–2023

9.6.6 Mexico

9.6.6.1 Market Estimates & Forecast, 2018–2023

9.6.6.2 Market Estimates & Forecast, by Form, 2018–2023

9.6.6.3 Market Estimates & Forecast, by Type, 2018–2023

9.6.6.4 Market Estimates & Forecast, by Application, 2018–2023

9.6.7 Argentina

9.6.7.1 Market Estimates & Forecast, 2018–2023

9.6.7.2 Market Estimates & Forecast, by Form, 2018–2023

9.6.7.3 Market Estimates & Forecast, by Type, 2018–2023

9.6.7.4 Market Estimates & Forecast, by Application, 2018–2023

9.6.8 Rest of Latin America

9.6.8.1 Market Estimates & Forecast, 2018–2023

9.6.8.2 Market Estimates & Forecast, by Form, 2018–2023

9.6.8.3 Market Estimates & Forecast, by Type, 2018–2023

9.6.8.4 Market Estimates & Forecast, by Application, 2018–2023

10. Company Landscape

10.1 Introduction

10.2 Market Strategy

10.3 Key Development Analysis

(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)

11. Company Profiles

11.1 Amway (U.S.)

11.1.2 Financial Updates

11.1.3 Product/Business Segment Overview

11.1.4 Strategy

11.1.5 Key Developments

11.1.6 SWOT Analysis

11.2 Abbott Laboratories (U.S.)

11.2.1 Company Overview

11.2.2 Financial Updates

11.2.3 Product/Business Segment Overview

11.2.4 Strategy

11.2.5 Key Developments

11.2.6 SWOT Analysis

11.3 Nutraceutics Inc., (U.S.)

11.3.1 Company Overview

11.3.2 Financial Updates

11.3.3 Product/Business Segment Overview

11.3.4 Strategy

11.3.5 Key Developments

11.3.6 SWOT Analysis

11.4 GlaxoSmithKline plc (U.K.)

11.4.1 Company Overview

11.4.2 Financial Updates

11.4.3 Product/Business Segment Overview

11.4.4 Strategy

11.4.5 Key Developments

11.4.6 SWOT Analysis

11.5 Danisco (U.K.)

11.5.1 Company Overview

11.5.2 Financial Updates

11.5.3 Product/Business Segment Overview

11.5.4 Strategy

11.5.5 Key Developments

11.5.6 SWOT Analysis

11.6 Bayer AG (Germany)

11.6.1 Company Overview

11.6.2 Financial Updates

11.6.3 Product/Business Segment Overview

11.6.4 Strategy

11.6.5 Key Developments

11.6.6 SWOT Analysis

11.7 DuPont (U.S.)

11.7.1 Company Overview

11.7.2 Financial Updates

11.7.3 Product/Business Segment Overview

11.7.4 Strategy

11.7.5 Key Developments

11.7.6 SWOT Analysis

11.8 BASF (Germany)

11.8.1 Company Overview

11.8.2 Financial Updates

11.8.3 Product/Business Segment Overview

11.8.4 Strategy

11.8.5 Key Developments

11.8.6 SWOT Analysis

12. Conclusion

LIST OF TABLES





Table 1 Global Vitamin C Market, by Region, 2018–2023

Table 2 North America: Vitamin C Market, by Country, 2018–2023

Table 3 Europe: Vitamin C Market, by Country, 2018–2023

Table 4 Asia-Pacific: Vitamin C Market, by Country, 2018–2023

Table 5 Middle East & Africa: Vitamin C Market, by Country, 2018–2023

Table 6 Latin America: Vitamin C Market, by Country, 2018–2023

Table 7 Global Vitamin C Form Market, by Region, 2018–2023

Table 8 North America: Vitamin C Form Market, by Country, 2018–2023

Table 9 Europe: Vitamin C Form Market, by Country, 2018–2023

Table10 Asia-Pacific: Vitamin C Form Market, by Country, 2018–2023

Table11 Middle East & Africa: Vitamin C Form Market, by Country, 2018–2023

Table12 Latin America: Vitamin C Form Market, by Country, 2018–2023

Table13 Global Vitamin C Type Market, by Region, 2018–2023

Table14 North America: Vitamin C Type Market, by Country, 2018–2023

Table15 Europe: Vitamin C Type Market, by Country, 2018–2023

Table16 Asia-Pacific: Vitamin C Type Market, by Country, 2018–2023

Table17 Middle East & Africa: Vitamin C Type Market, by Country, 2018–2023

Table18 Latin America: Vitamin C Type Market, by Country, 2018–2023

Table19 Global Vitamin C Application Market, by Region, 2018–2023

Table20 North America: Vitamin C Application Market, by Country, 2018–2023

Table21 Europe: Vitamin C Application Market, by Country, 2018–2023

Table22 Asia-Pacific: Vitamin C Application Market, by Country, 2018–2023

Table23 Middle East & Africa: Vitamin C Application Market, by Country, 2018–2023

Table24 Latin America: Vitamin C Application Market, by Country, 2018–2023

Table25 Global Form Market, by Region, 2018–2023

Table26 Global Type Market, by Region, 2018–2023

Table27 Global Application Market, by Region, 2018–2023

Table28 North America: Vitamin C Market, by Country

Table29 North America: Vitamin C Market, by Form

Table30 North America: Vitamin C Market, by Type

Table31 North America: Vitamin C Market, by Application

Table32 Europe: Vitamin C Market, by Country

Table33 Europe: Vitamin C Market, by Form

Table34 Europe: Vitamin C Market, by Type

Table35 Europe: Vitamin C Market, by Application

Table36 Asia-Pacific: Vitamin C Market, by Country

Table37 Asia-Pacific: Vitamin C Market, by Form

Table38 Asia-Pacific: Vitamin C Market, by Type

Table39 Asia-Pacific: Vitamin C Market, by Application

Table40 Middle East & Africa: Vitamin C Market, by Country

Table41 Middle East & Africa Vitamin C Market, by Form

Table42 Middle East & Africa Vitamin C Market, by Type

Table43 Middle East & Africa: Vitamin C Market, by Application

Table44 Latin America: Vitamin C Market, by Country

Table45 Latin America Vitamin C Market, by Form

Table46 Latin America Vitamin C Market, by Type

Table47 Latin America: Vitamin C Market, by Application

LIST OF FIGURES



FIGURE 1 Global Vitamin C Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of Global Vitamin C Market

FIGURE 4 Value Chain of Global Vitamin C Market

FIGURE 5 Share of Global Vitamin C Market in 2018, by Country (%)

FIGURE 6 Global Vitamin C Market, 2018–2023,

FIGURE 7 Global Vitamin C Market Size by Forms, 2018

FIGURE 8 Share of Global Vitamin C Market, by Form, 2018–2023

FIGURE 9 Global Vitamin C Market Size, by Type, 2018

FIGURE 10 Share of Global Vitamin C Market, by Type, 2018–2023

FIGURE 11 Global Vitamin C Market Size, by Application, 2018

FIGURE 12 Share of Global Vitamin C Market, by Application, 2018–2023