Vitamin C Market Overview, Analysis, Industry trends & Statistics, 2017-2024 - PowerPoint PPT Presentation

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Vitamin C Market Overview, Analysis, Industry trends & Statistics, 2017-2024

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Vitamin C Market size is mainly driven by strong application scope in cosmetics, pharmaceutical, animal feed, and processed food industries. Get more details @ – PowerPoint PPT presentation

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Title: Vitamin C Market Overview, Analysis, Industry trends & Statistics, 2017-2024


1
Vitamin C Market Analysis, Application trends,
Forecast to 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Regional Analysis of Vitamin C Market
  • North America, driven by Canada and the U.S
    vitamin C market size may witness strong growth
    owning to increase in cosmetic and pharmaceutical
    sectors. Favourable regulatory guidelines along
    with companies are focusing towards launching new
    products to meet diverse and changing consumer
    needs.
  • Europe vitamin C market size, driven by UK,
    France, Italy, and Germany may, show significant
    gains during the forecast timeframe. Change in
    consumer lifestyle accompanied by eating habits
    and lack of exercise is likely to affect human
    health, and thereby resulting rise in number of
    cardiovascular disease and diabetes. Ascorbic
    acid is registered food additives in the EU
    Community and is classified as GRAS, which has
    resulted in increasing food beverage sector in
    the region.
  • Asia Pacific led by Japan, India, and China
    vitamin C market size may witness fastest growth
    rate during the foreseeable future. Increasing
    consumer concentration towards fitness along with
    rise in supplement consumption should favour
    regional growth.

3
  • Application Analysis of Vitamin C Market
  • Ascorbic acid is widely used in pharmaceutical
    applications as it helps fight against infection
    and support immune system. Global pharmaceutical
    market size is poised to exceed USD 1.3 trillion
    in business by 2024. Rise in consumer spending in
    tablets or medicines along with increasing health
    consciousness should stimulate industry growth.
    Most of the pharmaceutical companies prescribe
    Vitamin C as it prevent CVD disease, reduces
    harmful chemotherapy effects, and destroy
    tumours.
  • Vitamin C and its salts are used in cosmetics and
    personal care products formulation owing to slow
    deterioration caused by exposure to the air and
    control finished product pH. It rejuvenates skin
    and reduces wrinkles and aging. In addition, it
    accelerates wound healing wounds and improves
    skin elasticity. Global personal care or cosmetic
    market may witness significant gains at over 5.
    Rising anti-aging cremes, sunscreen lotions, and
    other bio-based products owing to varying
    climatic dynamics should fuel vitamin C demand.

4
Competitive Market Share of Vitamin C Market
  • Wheat or corn are the key raw materials used for
    manufacturing process. Fluctuating raw material
    costs may pose threat to demand supply gap and
    affect vitamin C market price trend. However,
    favourable government regulations by EPA and FDA
    regarding ascorbic acid usage in food beverage
    may stimulate industry growth.
  • The global vitamin C market share is
    consolidated. Key companies operating in the
    market includes Amway, Abbott, Danisco, Bayer AG
    and Nutraceutics. Other prominent companies
    include BASF, DuPont, GlaxoSmithKline, and DSM.

5

Browse Full Market Research Report On Vitamin C
Market _at_ https//goo.gl/61sCqa Request for an
in-depth table of contents for this report
_at_ https//www.gminsights.com/request-toc/upcoming/
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6
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