Global and China Vitamin C Market Insights, Forecast to 2027

Ascorbic acid (Vitamin C), an essential nutrient found mainly in fruits and vegetables. The body requires ascorbic acid in order to form and maintain bones, blood vessels, and skin. Ascorbic acid also promotes the healing of cuts, abrasions and wounds; helps fight infections; inhibits conversion of irritants in smog, tobacco smoke, and certain foods into cancer-causing substances; appears to lessen the risk of developing high blood pressure and heart disease; helps regulate cholesterol levels; prevents the development of scurvy; appears to lower the risk of developing cataracts; and aids in iron absorption. Ascorbic acid can cause adverse reactions when taken with some drugs.
China is the largest Production countries of vitamin C, with a production market share more than 80.82%.
The vitamin C is classified into the food grade, pharmaceutical grade, feed grade. As of 2019, food grade vitamin C segment dominates the market contributing about 64.0% of the total market share.
Vitamin C is major applied in Food & Beverage, Pharmaceuticals & Healthcare, Feed, Cosmetics industry, in 2019, demand for Food & Beverage industry occupied the largest market, with 57.7% share, while Pharmaceuticals & Healthcare and Feed share 32.5% and 7.8% respectively.
The vitamin C market is very concentrated market; key players include DSM, CSPC Pharma, Northeast Pharma, Shandong Luwei, Shandong Tianli, Anhui Tiger, Ningxia Qiyuan, Zhengzhou Tuoyang, Henan Huaxing; the revenue of top five manufacturers accounts about 82.3% of the total revenue.

Market Analysis and Insights: Global and China Vitamin C Market
This report focuses on global and China Vitamin C market.
In 2020, the global Vitamin C market size was US$ 1176.3 million and it is expected to reach US$ 1466.5 million by the end of 2027, with a CAGR of 3.2% during 2021-2027. In China the Vitamin C 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 Vitamin C Scope and Market Size
Vitamin C market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Vitamin C 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 China market, this report focuses on the Vitamin C 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 China.

Segment by Type
Food Grade Vitamin C
Pharmaceutical Grade Vitamin C
Feed Grade Vitamin C

Segment by Application
Food & Beverage
Pharmaceuticals & Healthcare
Feed
Cosmetics

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
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
DSM
CSPC Pharma
Northeast Pharma
Shandong Luwei
Shandong Tianli
Anhui Tiger
Ningxia Qiyuan
Zhengzhou Tuoyang
Henan Huaxing