Frequently Asked Questions
The global ascorbic acid market will project a CAGR of 5.10% for the forecast period of 2021-2028.
The major players operating in the ascorbic acid market report are LabChem Inc., BBCA Group, BASF SE, GlaxoSmithKline plc, FreShine Chemicals Company, Aland Nutraceuticals Group, King Pharma, Shandong Luwei pharmaceutical co.ltd., Bactolac Pharmaceuticals, Inc., HeBei Welcome Pharmaceutical Co. Ltd, CSPC Pharmaceutical Group Limited., DuPont, DSM, Northeast Pharmaceutical Group Co., Ltd, CSPC Pharmaceutical Group Limited, Huabei Pharmaceutical Group Co., Ltd., Merck KGaA, Nature’s Bounty, GlaxoSmithKline plc., Muby Chemicals, and Dishman Group
Fluctuations in the prices of raw materials will pose a major challenge to the growth of ascorbic acid market. Uncertain supply rate will further derail the ascorbic acid market growth rate
The ascorbic acid market is segmented on the basis of type, grade, form, end-user, distribution channel and process.
Rising personal disposable income and increasing awareness about the importance of vitamin C in the body are the major factors fostering the growth of ascorbic acid market.
