Product ID: SQMIG35I2110
Global Vitamin C Market Size, Share, Growth Analysis, By Source(Natural and Synthetic), By Application(Food & beverages, Pharmaceuticals), By Process(Reichstein Process, Two-stage Fermentation Process), By Product Type(Powder, tablets) - Industry Forecast 2024-2031
Report ID:
SQMIG35I2110 |
Region:
Global |
Published Date: February, 2024
Pages:
251
|
Tables:
117 |
Figures:
79
Global Vitamin C Market Insights
Vitamin C Market size was valued at USD 1.65 billion in 2021 and is poised to grow from USD 1.74 billion in 2022 to USD 6.27 billion by 2030, growing at a CAGR of 5.5% in the forecast period (2023-2030).
Global vitamin C market is expected to grow owing to the increased use of vitamin C in various food products or as a supplement. Apart from preventing various types of heart diseases, it is also essential for healing the cells in the body. With an increasing demand for vitamin C supplements or even food products rich in vitamin C, the market is expected to grow in the coming years.
Vitamin C is a useful nutrient that is in high demand in both industrialized and developing countries. It is an important component of food supplements, and governments are taking many steps to increase the supply of such foods, which are particularly beneficial to populations in the developing world. Also, major players in the market increase their investment in research and development activities. The increasing use of vitamin C as a functional product in the pharmaceutical and medical industries is expected to increase market demand. However, high cost and rising environmental regulations hamper the growth of global market.
US Vitamin C Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Vitamin C Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
