Global and United States Ascorbic Acid Market Insights, Forecast to 2027

Ascorbic acid, commonly known as vitamin C, is used in various important end use industries such as pharmaceuticals, food and beverages, personal care and others. However, it is the pharmaceutical industry that is the largest consumer of ascorbic acid. As vitamin C helps in the recycling on vitamin E, the former is used for preparing vitamin C supplements in the pharmaceutical industry. In the food and beverages industry, ascorbic acid is used as an additive to enhance food quality and improve stability of food. Also, the added benefit of using ascorbic acid in food products is that it helps to preserve the aroma, colour and nutrient content of the food.
The global ascorbic acid market is all set to register a high growth trajectory in the coming decade with increasing use of this product in the pharmaceuticals and food and beverage industries. The deficiency of vitamin C is affecting increasing number of people in the world due to a change in lifestyle and a change in dietary habits of the population. Coupled with this, a rising awareness about leading a healthy lifestyle and growing living standards is expected to further boom the global market for ascorbic acid during the coming decade.

Market Analysis and Insights: Global and United States Ascorbic Acid Market
This report focuses on global and United States Ascorbic Acid market.
In 2020, the global Ascorbic Acid market size was US$ 952.8 million and it is expected to reach US$ 1185.3 million by the end of 2027, with a CAGR of 2.7% during 2021-2027. In United States the Ascorbic Acid market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Ascorbic Acid Scope and Market Size
Ascorbic Acid market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Ascorbic Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For United States market, this report focuses on the Ascorbic Acid market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States.

Segment by Type
Tablets
Capsules
Others

Segment by Application
Pharmaceuticals
Food and Beverages
Personal Care
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Nestle
North China Pharmaceutical
Aland Nutraceuticals Group
Dishman Group
DSM
Shandong Luwei Pharmaceutical