Vitamin C Market

Global Vitamin C Market Size, Share & Trends Analysis Report, By Type (Calcium Ascorbate, Sodium Ascorbate, Magnesium Ascorbate, Coated Vitamin C, Potassium Ascorbate, D-Isoascorbic Acid, Ascorbic Acid, and Others), By Source (Synthetic and Natural), Forecast (2021-2027)
    Update Available - Forecast 2024-2030   

Published: Jul 2023 | Report Code: OMR2025692 | Category : Pharmaceuticals | Delivery Format: /

The global vitamin c market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). 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.

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. 

Market Coverage

The market number available for – 2020-2027

Base year- 2020

Forecast period- 2021-2027

Segment Covered- 

o By Type 

o By Source

Regions covered-

o North America

o Europe

o Asia-Pacific

o 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

Global Vitamin C Market by Region

North America       

US

Canada

Europe

Germany

UK

France

Spain

Italy

Rest of Europe

Asia-Pacific    

China

Japan

India

Rest of Asia-Pacific

Rest of the World

Latin America

Middle East and Africa