Global Vitamin C (Ascorbic Acid) market cagr 10.8%

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Vitamin C (Ascorbic Acid) Market

Vitamin C (Ascorbic Acid) Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Vitamin C (Ascorbic Acid) Market Size and Growth

The global Vitamin C (Ascorbic Acid) market is projected to experience steady growth due to rising demand for dietary supplements and functional food & beverages. Market size is estimated to reach $XXX million by 2025, with Asia Pacific region leading the market. Key players include DSM, CSPC Pharmaceutical Group, and Northeast Pharmaceutical Group. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ DSM

◍ CSPC Pharma

◍ Shandong Luwei

◍ Northeast Pharma

◍ North China Pharma

◍ Shandong Tianli

◍ Ningxia Qiyuan

◍ Zhengzhou Tuoyang

◍ Henan Huaxing

◍ Anhui Tiger

The vitamin C market is highly competitive with key players such as DSM, CSPC Pharma, Shandong Luwei, Northeast Pharma, North China Pharma, Shandong Tianli, Ningxia Qiyuan, Zhengzhou Tuoyang, Henan Huaxing, and Anhui Tiger. These companies provide various forms of vitamin C for pharmaceutical, dietary supplement, and food industries, contributing to the growth of the market.

- DSM: Sales revenue of $9.08 billion in 2020

- CSPC Pharma: Sales revenue of $2.1 billion in 2020

- Shandong Luwei: Sales revenue of $1.5 billion in 2020

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Market Segmentation

By Application

Food & Beverage

Pharmaceuticals & Healthcare

Feed

Cosmetics

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By Product

Food Grade

Pharmaceutical Grade

Feed Grade

Market Growth

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$ X Billion USD

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