WASHINGTON, Nov. 08, 2022 (GLOBE NEWSWIRE) — The global Vitamin C Market was valued at $1.3 Billion in 2021 and is expected to reach $1.8 Billion by 2028, registering a CAGR of 6.1% during the forecast period of 2022-2028. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Vantage Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Vantage Market research has a newly released expansive study titled Global Vitamin C Market which guarantees you will remain better informed than your competition. This study provides a broader perspective of the marketplace with its comprehensive market insights and analysis which eases survival and succeeding in the market. This Vitamin C report has been produced, which results in significant growth, as well as robust sustainability in the market for the firms. This is due to the inclusion of precise facts and insights gained from market research. This study analyzes and talks about a variety of topics, including significant industry trends, estimations of market size, and market share. This report provides an advantage that not only allows one to compete but also allows one to excel over one’s rivals. It classifies the global Vitamin C market size in terms of value and volume according to the various types of manufacturers, applications, and regions. The outlook for the Vitamin C market and the Vitamin C industry as a whole appears to be quite positive during the projection period.
Get Access to the In-depth Free Sample Report @ https://www.vantagemarketresearch.com/vitamin-c-market-1869/request-sample
Today, vitamin C supplements are available in a variety of forms, including tablets, capsules, powders, and liquids. Some people prefer to take their vitamin C supplement in the form of a drink, such as orange juice or lemonade. There are several reasons for this increase in demand and price of Vitamin C in the last few years. First, there has been an increase in awareness of the importance of vitamin C for human health. Second, the Chinese government has recently lifted its 20-year-old restrictions on private enterprises producing vitamins, which has resulted in more companies entering the market and increased competition. Third, new applications for vitamin C have been developed, such as using it as an additive in food and beverages or as a material in 3D printing.
When evaluating global supply, we found that while there are several producers of Vitamin C, the majority of production takes place in China. This concentration of production presents both risks and opportunities for companies looking to enter the Vitamin C market. On the one hand, Chinese suppliers may be able to exert significant pricing pressure on competitors. On the other hand, this concentration presents an opportunity for companies to differentiate themselves by offering a more reliable and/or higher quality product than what is currently available from Chinese producers.
Limited Time Offer | Buy this Premium Research Report with Exclusive Discount and Immediate Delivery@ https://www.vantagemarketresearch.com/buy-now/vitamin-c-market-1869/0
Vantage Market Research’s findings of the Vitamin C market are that there is a great opportunity for growth in this market. The Vitamin C market is expected to reach $1.8 Billion by 2028, at a CAGR 6.1%.
Most of the demand for vitamin C comes from developed countries, where it is used primarily as a dietary supplement. However, there is also a significant demand for vitamin C in developing countries, where it is used for its therapeutic properties.
Greatest opportunity for growth in the vitamin C market lies in these developing countries, where the prevalence of chronic diseases is on the rise and awareness of the importance of vitamin C is growing.
In terms of volume, the global Vitamin C market is expected to reach 141 thousand metric tons in 2024, up from 95 thousand metric tons in 2021.
Majority of this growth will come from Asia Pacific, where VC demand is forecast to increase at a CAGR of 8.6% between 2021 and 2024.
List of Prominent Players in the Vitamin C Market:
Foodchem International Corporation (China)
Mudanjiang High-Tech Biochemical Co. Ltd. (China)
Amway India Enterprises Pvt. Ltd (India)
CSPC Pharmaceutical Group Limited (China)
Glanbia PLC (Ireland)
Northeast Pharmaceutical Group Co. Ltd. (China)
The TNN Development Limited (China)
Beijing Heronsbill Food Material Co. Ltd (China)
Duchefa Biochemie (Netherland)
Medibro Corporation Limited (China)
Chemizo Enterprise (India)
Bayer AG (Germany)
GlaxoSmithKline PLC (UK)
Merck & Co. Inc. (US)
Increasing Awareness among Consumers About Role of Vitamin C in Boosting Immunity to Spur Market Growth
Vitamin C is found in many foods, especially citrus fruits. Vitamin C plays an important role in the body’s ability to repair damaged cells and produce collagen. A lack of vitamin C can lead to the development of scurvy, a condition that causes fatigue, muscle weakness, joint pain, and bleeding gums. While scurvy is rare in developed countries, it is still a concern for people who have limited access to fresh fruits and vegetables.
As a result, the demand for vitamin C has increased in recent years due to its role in boosting the immune system. Vitamin C is thought to help reduce the severity of colds and flu, and some research suggests it may also help prevent more serious conditions such as heart disease and cancer.
Read Full Research Report @ https://www.vantagemarketresearch.com/industry-report/vitamin-c-market-1869
The development of new products and services in the vitamin C industry offers exciting opportunities for entrepreneurs.
Growing inclination towards dietary supplements: One area that is expected to grow significantly in the next few years is the market for dietary supplements. The vitamins, minerals, and other nutrients found in these products can help people fill nutritional gaps and improve their overall health.
Increasing traction in cosmetic and personal care products: Another promising area of growth is the production of cosmetics and personal care products containing vitamin C. This nutrient has powerful antioxidant properties that can help protect the skin from damage caused by exposure to UV rays, pollution, and other environmental stressors.
Increasing demand for vitamin C-rich foods and beverages: Consumers are becoming more aware of the health benefits of this nutrient, and they are looking for convenient ways to incorporate it into their diets.
Consumers are Putting More Emphasis on Organic Vitamin C and the Development of New Delivery Methods
In recent years, the vitamin C market has seen several trends emerge. The most notable trend has been the move towards natural and organic vitamin C products. This is in response to consumer demand for healthier, more natural alternatives to synthetic vitamins.
Other trends include the development of new delivery methods such as powder or liquid forms, as well as new formulations that combine vitamin C with other nutrients. There is also a growing trend towards personalized nutrition, with many consumers now looking for supplements that are tailored to their specific needs.
By Product Type:
Sodium Ascorbate, Calcium Ascorbate, Potassium Ascorbate, Magnesium Ascorbate, Ascorbic Acid 90% Granulation, D-Isoascorbic Acid, Ascorbic Acid 95% Granulation, Ascorbic Acid 97% Granulation, Coated Vitamin C, Other Types
Reichstein Process, Two-stage Fermentation Process
Tonics, Tablets, Granules, Injections
Pharmaceutical, Cosmetics, Food & Beverage, Animal Feed
North America, Europe, Asia Pacific, Latin America, Middle East & Africa
VMR’s Survey Reveals Vitamin C Manufacturers are Feeling Pressure to Lower Prices
As the global vitamin C market continues to grow, so does the need for reliable information on who is manufacturing it. Vantage Market Research’s latest survey of vitamin C manufacturers provides valuable insights into the industry, including who the biggest players are and what they’re doing to stay ahead of the competition.
The report on vitamin C market includes data on production capacity, market share, product quality, and more. It also provides an overview of the competitive landscape and includes profiles of the leading companies in the industry.
The results of the survey showed that price competition is intense and most manufacturers are feeling pressure to lower the prices. In fact, cost is one of the biggest challenges faced by vitamin C manufacturers. The raw materials needed to produce the vitamin are expensive, and constantly rising prices make it difficult to keep up with demand. In addition, the process of manufacturing vitamin C is complex and time-consuming, further driving up costs.
Browse market data Tables and Figures spread through 141 Pages and in-depth TOC on Vitamin C market Forecast Report (2022-2028).
How Manufacturers are Responding?
As per VMR’s study, many manufacturers in the global vitamin C market are grappling with how to respond to the ever-changing regulatory environment. Recently, the FDA has tightened its regulations on vitamins and supplements in recent years, making it more difficult for manufacturers to meet all the requirements. This has led to some companies leaving the market altogether. On top of that the vitamin C market is becoming increasingly competitive, with new products and brands constantly entering the market. This makes it difficult for manufacturers to stand out from the crowd and get their products noticed by consumers.
Why Buy this Vitamin C Market Report?
The report offers a comprehensive evaluation of the Global Vitamin C Market. The report includes verifiable data from authentic sources, in-depth qualitative analysis, and estimates about size of market. Estimates are calculated using proven research methods.
The report includes in-depth market analysis using Ansoff Matrix and Porter’s 5 Forces Model. Apart from this, the pre-post impact of Covid-19 on the vitamin C market is also featured in the report.
This vitamin C report has been organize through extensive primary and secondary research. Primary research is done through interviews, surveys and observation of eminent persons in the industry.
The vitamin C industry report also includes a competitive analysis using the analyst’s proprietary competitive positioning tool.
The report also covers the regulatory landscape in the vitamin C industry, which will help you make an informed decision. The report discusses key regulations and rules imposed on the sector by major regulatory bodies and various geographies.
China Produces 80% of the Commercial Vitamin C
The majority of the world’s vitamin C is produced in China. In fact, China produces about 70% of the global vitamin C market. Other major producers include India, the US, and Mexico.
Global vitamin C market is a massive industry, with the majority of vitamin C coming from China. In 2021, global production of vitamin C was estimated at 95,000 metric tons, with China accounting for approximately 76, 000 metric tons. The remaining production is split between the European Union, India, and the rest of the world. Most of the vitamin C produced in China is majorly used in dietary supplement.
The demand in the global vitamin C market is constantly growing, as it is an essential nutrient for humans and animals. Vitamin C is used in a variety of industries, including food and beverage, cosmetics, pharmaceuticals, and animal feed. As such, the global production of vitamin C is vital to meet the demands of these industries.
Recent Vitamin-C Industry Development
One of the most exciting recent developments in the vitamin-C market is the finding of its ability to help improve cognitive function. Recent studies have found that vitamin-C supplementation can help to improve cognitive performance and memory in older adults. This is just one of many studies that are beginning to reveal the number of potential health benefits of vitamin-C.
Most notable is the introduction of a new generation of vitamin-C products that are more effective and bioavailable than ever before. These products are now available from various manufacturers and are quickly becoming the first choice for many consumers.
What Makes China the Largest Producer of Vitamin C?
The majority of vitamin C produced in China is derived from Chinese cabbage and other cruciferous vegetables. These vegetables are grown in vast quantities in China, making it the ideal location for vitamin C production. In addition to Chinese cabbage, other popular sources of vitamin C include oranges, lemons, limes, grapefruits, and tomatoes.
Another reason China is the leading global vitamin C market is that the Chinese government has placed a priority on agricultural production, including the production of vitamin-rich crops. The government has invested heavily in agricultural research and development, and has provided subsidies and other financial incentives to farmers who grow vitamin C-rich crops. Yet another reason for China’s leading position in vitamin C production is its large population. With more than 1.37 billion people, China has a huge domestic market for vitamin C-containing products.
Thus, due to a combination of favorable conditions, including rich soil, a conducive climate, strong government support, and a large and health-conscious population, China is currently the leading global vitamin C market in the world.
Do You Have Any Query or Specific Requirement? Ask to Our Industry Expert@ https://www.vantagemarketresearch.com/vitamin-c-market-1869/inquiry-before-buying
Scope of the Report:
Market Size in 2021
USD 1.3 Billion
Revenue Forecast by 2028
USD 1.8 Billion
6.1% from 2022 to 2028
2022 to 2028
Foodchem International Corporation, Mudanjiang High-Tech Biochemical Co. Ltd., Amway India Enterprises Pvt. Ltd, CSPC Pharmaceutical Group Limited, Glanbia PLC, Northeast Pharmaceutical Group Co. Ltd., The TNN Development Limited, Microbelcaps, Beijing Heronsbill Food Material Co. Ltd, Duchefa Biochemie, Medibro Corporation Limited, Chemizo Enterprise, DSM, DuPont, ADM, Sanofi, Bayer AG, Abbott, GlaxoSmithKline PLC, Merck & Co. Inc.
Customization of the Report:
The report can be customized as per client needs or requirements. For any queries, you can contact us on firstname.lastname@example.org or +1 (202) 380-9727. Our sales executives will be happy to understand your needs and provide you with the most suitable reports.
Browse More Related Reports from Vantage Library:
Healthcare Biometrics Market was valued USD 2,719.3 Million in 2021 and is anticipated to reach a value of USD 7,606.0 Million by 2028.
Revenue Cycle Management Market was valued USD 238.1 Billion in 2021 and is anticipated to reach a value of USD 450.1 Billion by 2028.
Dermal Fillers Market was valued at USD 4.7 Billion in the year 2021 and is projected to reach a value of USD 7.9 Billion by the year 2028.
Mental Health Apps Market was valued at USD 4.1 Billion in the year 2021 and is forecast to reach a value of USD 9.9 Billion by the year 2028.
Injectable Drug Delivery Market was valued at USD 16.8 Billion in 2021 and is expected to reach a value of USD 27.8 Billion by 2028.
Cat Allergy in Humans Market was valued at USD 3.9 Billion in 2021 and is expected to reach a value of USD 5.46 Billion by 2028.
About Vantage Market Research:
We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies. The company provides high quality data and market research reports. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyse information.
Follow Us on: LinkedIn | Twitter | Facebook
6218 Georgia Avenue NW Ste 1 – 564
Washington DC 20011-5125
United States Tel: +1 202 380 9727
Latest Vantage Market Research Press Releases
Latest Vantage Market Research Blog
The prospect of a European embargo and a price cap on Russian oil, along with rising winter demand, are weighing on the production group.
Henrik Fisker, the CEO of his eponymous EV company, rang the opening bell at the NYSE today to mark a huge milestone for the company. Last week at contract manufacturer Magna’s sprawling plant in Graz, Austria, the company began initial production of its Ocean EV SUV.
Workers are lying about being digital nomads, and it's coming at a cost: One boss estimated his loss at $500,000.
There are another two weeks to go for the OPEC+ meeting, but the Saudis and Russians have decided not to sit back and let the market collapse continue. In an urgent response to a Wall Street Journal story on Monday, Saudi Energy Minister Abdulaziz bin Salman denied that the 23-nation oil producing alliance under his charge was working on a production hike of 500,000 barrels per day to announce at OPEC+’s Dec. 4 meeting. If the WSJ report had been true, it would have been a pivot to the 2-million-barrel per day cut that OPEC+ had announced for November.
The bear market has ravaged technology stocks over the past year, as investors have flown to safety to ride out the economic storm. As a result, the Nasdaq Composite has taken it on the chin, crumbling 30% over the past year.
Enbridge Inc is increasing apportionment on its Mainline pipeline system, which ships the bulk of Canadian crude exports to the United States, as demand to transport barrels climbs due to rising production and colder weather. Enbridge will apportion December deliveries on its heavy crude system by 11% and ration space on the light oil system by 13%. The rationing is the highest it has been since last winter and comes after a period of very low or zero apportionment in 2022.
Bob Iger stunned the entertainment industry when he reassumed his role as the CEO of the Walt Disney Company on Sunday night. The former Disney chief will earn a $1 million base salary for going back to his old job, according to public filings. But that pact could grow a lot richer if Iger and […]
Almost all Americans should wait beyond the age of 65 to claim their full Social Security benefits.
The measure would be enforced by refusing to insure ships selling the country's crude for more than the limit.
Former FTX CEO Bankman-Fried did not address concerns about customer funds being misappropriated or other recent revelations about the company.
Doug Creutz, Cowen Managing Director and Senior Research Analyst covering media and entertainment, sits down with Yahoo Finance Live to assess what Bob Iger's return to Disney as CEO may mean for the media company and the outlook for Disney's other subsidiary networks and streaming platforms.
In this article we take a look at the 15 most valuable companies in Canada. To skip this part and see the top 5 companies in this list, click 5 Most Valuable Companies in Canada. Canada is a natural resource-rich country with the second-largest landmass in the world. Having a smaller population of 37 million […]
(Bloomberg) — ConocoPhillips, one of the largest US oil and gas producers, agreed to take a a 30% stake in the first phase of Sempra Energy’s proposed Port Arthur liquefied natural gas terminal in Texas.Most Read from BloombergViolent Protests Erupt at Apple’s Main iPhone Plant in ChinaHow Bad Will Housing Get? The Chill Gripping a Once-Hot Market Offers a TestTrump Had Losses of $900 Million in Two Years, Jury ToldElizabeth Holmes Judge Proposes Texas Prison Camp, Family VisitsMalaysia Latest:
This year, energy companies raked in big profits, allowing those in the sector to pay down debt and reward shareholders with fat dividends. Although energy stocks are up significantly, supply-related events could push oil prices even higher. Additionally, further European sanctions on Russian oil will go into effect on Dec. 5, and the U.S. and other G7 members are looking to put a price cap on Russian oil — all of which could disrupt supplies.
The average 401(k) balance has dropped 23% from a year ago. That has big implications for baby boomers who recently retired or are about to.
Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.
Twitter Inc has told a federal judge in San Francisco that a lawsuit claiming the company violated U.S. law by laying off thousands of workers without notice is baseless, and moved to send the claims to arbitration. The court filings made late Monday mark Twitter's first response to the proposed class action, which was brought earlier this month under a federal law requiring 60 days' notice before engaging in mass layoffs. Twitter has laid off about 3,700 employees – half of its workforce – and hundreds more have resigned since the company was acquired last month by Elon Musk, the world's richest person.
The wording even specified that nobody with a "familial relationship" with SBF or the recently fired execs would receive payment from FTX.
JD.Com, Inc (NASDAQ: JD) slashed salaries for about 2,000 managers by 10% – 20% and diverted some of those savings toward a $1.4 billion employee benefits fund, aligning China's No. 2 online retailer with Xi Jinping's "common prosperity" campaign to share the wealth. JD.com founder Richard Liu will donate 100 million yuan ($14 million) of his own money toward staff welfare, Bloomberg reports. The Alibaba Group Holding Ltd (NYSE: BABA) rival will also set up a 10 billion yuan fund to provide staf
Cisco, Oracle and other companies with decades of experience have proven to be relatively resilient.