The report provides analysis and forecast for the ascorbic acid market on a regional and global level. The study covers historic data of 2015 shared along with a forecast from 2016 to 2021 based on revenue (USD million) and volume (kilo tons). The study provides drivers and restraints for the ascorbic acid market coupled along with the impact they have on the demand over the forecast period. Moreover, the report also covers the analysis of opportunities existing in the ascorbic acid market on a global level.

1. Published By: Zion Research
Global Ascorbic Acid Market is Set for a Moderate Growth and is Expected
to Reach USD 1083.8 Million by 2021
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Zion Research has published a new report titled “Ascorbic Acid Market for Pharmaceutical, Food &
Beverages, Personal Care and Other End-user Industries: Global Industry Perspective, Comprehensive
Analysis and Forecast, 2015 – 2021.” According to the report, the global ascorbic acid market was around
150.2 kilo tons in 2015. The global ascorbic acid market revenue accounted for USD 820.4 million in
2015 and is expected to reach USD 1083.8 million by 2021, growing at a CAGR of around 4.8% between
2016 and 2021.
The global Ascorbic Acid market is expected to witness moderate growth over the forecast period on
account of increasing demand from pharmaceutical industry. Majority of ascorbic acid manufactured is
used as an antioxidant. The major end-user industries of ascorbic acid are pharmaceuticals, food &
beverages, personal care and others. Pharmaceutical industry is largest consumer of ascorbic acid.
Vitamin C helps to recycle vitamin E. About one-third of total production of ascorbic acid is used for
vitamin preparations in the pharmaceutical industry. The rest is mainly applied as an additive to food and
feed to enhance product quality and stability. Ascorbic acid added to foodstuffs during processing or
before packing protects color, aroma, and nutrient content. The usage of ascorbic acid in food &
beverages industry is expected to grow at a healthy CAGR during the forecast period.
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z71526#RequestSample
Ascorbic acid production is hugely dependent on availability of raw material. Thus, any fluctuation in
availability and prices of raw material can severely affect ascorbic acid market. This is expected to curb
the growth of ascorbic acid market over the years. However, investments in research and development by
major industry players coupled along with exponential technological advancements in pharmaceutical
industry is expected to act as a major opportunity for ascorbic acid market.

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In terms of geography, Asia-Pacific was largest consumer of ascorbic acid in 2015. The consumption in
Asia Pacific is expected to grow at a rapid pace mainly due to availability of low cost manufacturing
facilities in China. China is the largest consumer and producer of ascorbic acid. Moreover, the ever
increasing demand for food and health supplements primarily in Asia Pacific is expected to boost the
demand for ascorbic acid in this region. Europe and North America also consume ascorbic acid on large

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scale. The demand for ascorbic acid in this region is also expected to grow in coming years as a result of
increasing demand from personal care and food & beverages end-user industry. Ascorbic Acid demand is
increasing in emerging nations such as Brazil, India and China.
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Some of the key players of the market include, DSM, DuPont, BASF SE, Northeast Pharmaceutical
Group, Shandong Luwei Pharmaceutical, Bactolac Pharmaceutical Inc, CSPC Pharmaceutical Group,
Hebei Welcome Pharmaceutical Co, North China Pharmaceutical Group, Dishman Group, Aland
Nutraceuticals Group, NBTY Inc., GlaxoSmithKline Plc. and others.
This report segments the global ascorbic acid market as follows:
Global Ascorbic Acid Market: End-user Segment Analysis
o Pharmaceutical
o Food & beverages
o Personal Care
o Others
Global Ascorbic Acid Market: Regional Segment Analysis
o North America
o U.S.
o Europe
o Germany
o UK
o France
o Asia Pacific

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o China
o Japan
o India
o Latin America
o Brazil
o Middle East and Africa
 Chapter 1. Introduction
o 1.1. Report Description And Scope
o 1.2. Research Scope
o 1.3. Research Methodology
 1.3.1. Market Research Process
 1.3.2. Market Research Methodology
 Chapter 2. Executive Summary
o 2.1. Global Ascorbic Acid Market, 2015 - 2021 (Kilo Tons) (USD Million)
o 2.2. Global Ascorbic Acid Market: Snapshot
 Chapter 3. Ascorbic Acid – Market Dynamics
o 3.1. Introduction
o 3.2. Value Chain Analysis
o 3.3. Market Drivers
 3.3.1. Global Ascorbic Acid Market Drivers: Impact Analysis
 3.3.2. Increasing Demand for Food and Health Supplements
o 3.4. Market Restraints

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 3.4.1. Fluctuation in Prices of Raw Materials
o 3.5. Opportunities
 3.5.1. Increasing Investment in Research & Development
o 3.6. Porter’s Five Forces Analysis
 3.6.1. Bargaining Power Of Suppliers
 3.6.2. Bargaining Power Of Buyers
 3.6.3. Threat From New Entrants
 3.6.4. Threat From New Substitutes
 3.6.5. Degree Of Competition
o 3.7. Market Attractiveness Analysis
 3.7.1. Market Attractiveness Analysis, By End-User Segment
 3.7.2. Market Attractiveness Analysis, By Regional Segment
 Chapter 4. Global Ascorbic Acid Market – Competitive Landscape
o 4.1. Company Market Share, 2015 (Subject To Data Availability)
o 4.2. Strategic Development
 4.2.1. Acquisitions & Mergers
 4.2.2. New End-User Launch
 4.2.3. Agreements, Partnerships, Collaborations And Joint Ventures
 4.2.4. Research And Development, End-User And Regional Expansion
o 4.3. Product Portfolio
o 4.4. Patent Analysis (2011-2016)
 4.4.1. Patent Trend
 4.4.2. Patent Share By Company
 4.4.3. By Region
 Chapter 5. Global Ascorbic Acid Market – End-User Segment Analysis
o 5.1. Global Ascorbic Acid Market: End-User Segment Overview
 5.1.1. Global Ascorbic Acid Market Revenue Share, By End-User Segment, 2015
And 2021
o 5.2. Pharmaceutical

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 5.2.1. Global Ascorbic Acid Market For Pharmaceutical, 2015 – 2021 (Kilo Tons)
(USD Million)
o 5.3. Food & Beverages
 5.3.1. Global Ascorbic Acid Market For Food & Beverages, 2015 – 2021 (Kilo
Tons) (USD Million)
o 5.4. Personal Care
 5.4.1. Global Ascorbic Acid Market For Personal Care, 2015 – 2021 (Kilo Tons)
(USD Million)
o 5.5. Others
 5.5.1. Global Ascorbic Acid Market For Other End-Users, 2015 – 2021 (Kilo Tons)
(USD Million)
 Chapter 6. Global Ascorbic Acid Market – Regional Segment Analysis
o 6.1. Global Ascorbic Acid Market: Regional Overview
 6.1.1. Global Ascorbic Acid Market Volume Share By Region, 2015 And 2021
o 6.2. North America
 6.2.1. North America Ascorbic Acid Market Volume, By End-User, 2015 – 2021, (
Kilo Tons)
 6.2.2. North America Ascorbic Acid Market Revenue, By End-User, 2015 – 2021,
(USD Million)
 6.2.3. U.S.
 6.2.3.1. U.S. Ascorbic Acid Market Volume, By End-User, 2015 – 2021 (
Kilo Tons)
 6.2.3.2. U.S. Ascorbic Acid Market Revenue, By End-User, 2015 – 2021
(USD Million)
o 6.3. Europe
 6.3.1. Europe Ascorbic Acid Market Volume, By End-User, 2015 – 2021 (Kilo
Tons)
 6.3.2. Europe Ascorbic Acid Market Revenue, By End-User, 2015 – 2021 (USD
Million)

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 6.3.3. UK
 6.3.3.1. UK Ascorbic Acid Market Volume, By End-User, 2015 – 2021 (
Kilo Tons)
 6.3.3.2. UK Ascorbic Acid Market Revenue, By End-User, 2015 – 2021
(USD Million)
 6.3.4. France
 6.3.4.1. France Ascorbic Acid Market Volume, By End-User, 2015 – 2021,
( Kilo Tons)
 6.3.4.2. France Ascorbic Acid Market Revenue, By End-User, 2015 –
2021, (USD Million)
 6.3.5. Germany
 6.3.5.1. Germany Ascorbic Acid Market Volume, By End-User, 2015 –
2021, ( Kilo Tons)
 6.3.5.2. Germany Ascorbic Acid Market Revenue, By End-User, 2015 –
2021, (USD Million)
o 6.4. Asia Pacific
 6.4.1. Asia Pacific Ascorbic Acid Market Volume, By End-User, 2015 – 2021 ( Kilo
Tons)
 6.4.2. Asia Pacific Ascorbic Acid Market Revenue, By End-User, 2015 – 2021
(USD Million)
 6.4.3. China
 6.4.3.1. China Ascorbic Acid Market Volume, By End-User, 2015 – 2021 (
Kilo Tons)
 6.4.3.2. China Ascorbic Acid Market Revenue, By End-User, 2015 – 2021
(USD Million)
 6.4.4. Japan
 6.4.4.1. Japan Ascorbic Acid Market Volume, By End-User, 2015 – 2021 (
Kilo Tons)

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 6.4.4.2. Japan Ascorbic Acid Market Revenue, By End-User, 2015 – 2021
(USD Million)
 6.4.5. India
 6.4.5.1. India Ascorbic Acid Market Volume, By End-User, 2015 – 2021 (
Kilo Tons)
 6.4.5.2. India Ascorbic Acid Market Revenue, By End-User, 2015 – 2021
(USD Million)
o 6.5. Latin America
 6.5.1. Latin America Ascorbic Acid Market Volume, By End-User, 2015 – 2021 (
Kilo Tons)
 6.5.2. Latin America Ascorbic Acid Market Revenue, By End-User, 2015 – 2021
(USD Million)
 6.5.3. Brazil
 6.5.3.1. Brazil Ascorbic Acid Market Volume, By End-User, 2015 – 2021 (
Kilo Tons)
 6.5.3.2. Brazil Ascorbic Acid Market Revenue, By End-User, 2015 – 2021
(USD Million)
o 6.6. Middle East And Africa
 6.6.1. Middle East And Africa Ascorbic Acid Market Volume, By End-User, 2015 –
2021 ( Kilo Tons)
 6.6.2. Middle East And Africa Ascorbic Acid Market Revenue, By End-User, 2015
– 2021 (USD Million)
 Chapter 7. Company Profile
o 7.1. DSM
 7.1.1. Overview
 7.1.2. Financials
 7.1.3. Product Portfolio
 7.1.4. Business Strategy
 7.1.5. Recent Developments

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o 7.2. DuPont
 7.2.1. Overview
 7.2.2. Financials
 7.2.3. Product Portfolio
 7.2.4. Business Strategy
 7.2.5. Recent Developments
o 7.3. BASF SE
 7.3.1. Overview
 7.3.2. Financials
 7.3.3. Product Portfolio
 7.3.4. Business Strategy
 7.3.5. Recent Developments
o 7.4. Northeast Pharmaceutical Group
 7.4.1. Overview
 7.4.2. Financials
 7.4.3. Product Portfolio
 7.4.4. Business Strategy
 7.4.5. Recent Developments
o 7.5. Shandong Luwei Pharmaceutical
 7.5.1. Overview
 7.5.2. Financials
 7.5.3. Product Portfolio
 7.5.4. Business Strategy
 7.5.5. Recent Developments
o 7.6. Bactolac Pharmaceutical Inc.
 7.6.1. Overview
 7.6.2. Financials
 7.6.3. Product Portfolio
 7.6.4. Business Strategy

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 7.6.5. Recent Developments
o 7.7. CSPC Pharmaceutical Group
 7.7.1. Overview
 7.7.2. Financials
 7.7.3. Product Portfolio
 7.7.4. Business Strategy
 7.7.5. Recent Developments
o 7.8. Hebei Welcome Pharmaceutical Co.
 7.8.1. Overview
 7.8.2. Financials
 7.8.3. Product Portfolio
 7.8.4. Business Strategy
 7.8.5. Recent Developments
o 7.9. North China Pharmaceutical Group
 7.9.1. Overview
 7.9.2. Financials
 7.9.3. Product Portfolio
 7.9.4. Business Strategy
 7.9.5. Recent Developments
o 7.10. Dishman Group
 7.10.1. Overview
 7.10.2. Financials
 7.10.3. Product Portfolio
 7.10.4. Business Strategy
 7.10.5. Recent Developments
o 7.11. Aland Nutraceuticals Group
 7.11.1. Overview
 7.11.2. Financials
 7.11.3. Product Portfolio

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 7.11.4. Business Strategy
 7.11.5. Recent Developments
o 7.12. NBTY Inc.
 7.12.1. Overview
 7.12.2. Financials
 7.12.3. Product Portfolio
 7.12.4. Business Strategy
 7.12.5. Recent Developments
o 7.13. GlaxoSmithKline Plc.
 7.13.1. Overview
 7.13.2. Financials
 7.13.3. Product Portfolio
 7.13.4. Business Strategy
 7.13.5. Recent Developments

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