Vitamin C Market Research Report: Application (Pharmaceutical & Nutraceutical, Food and Beverages, Personal Care, and Others), By Type (Sodium Ascorbate, Calcium Ascorbate, Potassium Ascorbate, Magnesium Ascorbate, and Others), and Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast 2027

ID: VPR/F&B/1110 Publishing Year: January 2022 Pages: 118 Format:   


Vitamin C Market Overview:

Consumers are looking for healthier diets as a result of their shifting attitudes about health and fitness. Vitamin supplements are frequently included in their daily diet to make up for any deficiencies. Furthermore, prominent businesses all around the world recognise the growing value of vitamin C in skincare. As a result, Vitamin C components are used as raw materials in a variety of industries. They're generally used as powders or granules.

Vitamin C aids in the healing of wounds and the prevention of infections, according to the paper, making the pharmaceutical business a major end-user. Vitamin C also enhances iron absorption from diet, lowers the risk of chronic illnesses, regulates blood pressure, and strengthens the immune system. The market for vitamin C components will grow as more people become aware of its health benefits.

Key Players:

  • Amway (US)
  • Abbott Laboratories (US)
  • E.l. du Pont de Nemours and Company (US)
  • Bayer AG (Germany)
  • Nutraceutics Corp. (US)
  • Nutraceutics Corp. (US)
  • GlaxoSmithKline plc (UK)
  • Koninklijke DSM N.V. (Netherlands)

Market Drivers:

The market for Vitamin C Supplements is driven by a number of factors, including excellent health effects, rising health awareness, low cost, and so on. Vitamin C tablets are frequently used to boost immunity. This drug is recommended by doctors for those who have a weak immune system. This is also advantageous in terms of keeping people safe from bacteria. Vitamin C is also found in foods and has an important function in tissue regeneration, according to the organic market. These are also available as dietary supplements and are used to cure scurvy. As a result of this reason, the Vitamin C Market continues to rise in popularity and its growth rate.

Restraints:

The market has several main restrictions that affect the growth rate, similar to the vitamin c supplements market growth factor. Lack of awareness and adverse effects are two main restraints on the vitamin c market share. Some people have adverse effects from eating large amounts of Vitamin C.

Due to overconsumption, it can also induce gastrointestinal irritation and diarrhoea. As a result, for extended doses, a doctor's consultation is required. Furthermore, fluctuations in the supply of raw resources stymie the rate of expansion. These are some of the increasing complications that the Vitamin C ingredients market must deal with.

Market Segmentation:

The Vitamin C Market is divided into types, sources, processes, forms, and applications. The growth of segments allows you to analyse specific pockets of growth and market approaches, as well as establish your main application areas and target market differences.

The Vitamin C Market is separated into natural and synthetic categories based on the source.

The Vitamin C Market is separated into two segments: Reichstein process and two-stage fermentation process.

The Vitamin C Market is divided into tonic, tablet, granules, and injection segments based on form.

Regional Analysis:

As said above, the Vitamin C Market is examined, and market size and volume data are supplied by type, source, process, form, and application.

In North America, the United States, Canada, and Mexico are covered; in Europe, Germany, Sweden, Poland, Denmark, Italy, the United Kingdom, France, Spain, the Netherlands, Belgium, Switzerland, Turkey, Russia, and the Rest of Europe are covered; and in Asia, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, and the Philippines are covered. Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America in South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) in Middle East and Africa, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Rest of (MEA).

Due to high disposable income and growth in the cosmetic industry, North America is expected to dominate the vitamin C market in the forecast period of 2020 to 2027, while Asia-Pacific is expected to grow at the fastest rate due to growing demand for vitamin C products and rising awareness about the benefits of Vitamin C in the region.

Covid-19 Impact:

Vitamin C has had several ups and downs in the industry because to the covid shutdown period. The market has encountered numerous roadblocks. The manufacture of tablets and liquids is hampered by the covid. It disturbs the Vitamin C supplements industry's sales channel, lowering market growth and income.

The powdered Vitamin C Market's Manufacturing stores have closed, and there has been a shortage of staff and ingredients due to shipping disruptions. As a result, the industry faces some challenges. However, as a result of Covid, people have grown more health-conscious, and they have begun to use organic market Vitamin C for improved immunity. The majority of customers purchase these tablets in bulk. As a result, the market is in a tumultuous condition during the covid. To combat the pandemic, the vitamin c industry's major stakeholders make several efforts and implement new methods. As a result, the market appears to be currently balanced.

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