Ascorbic Acid Market Technology, Cost Structure and Forecasts to 2027

1. Ascorbic Acid Market To Reach USD 1.63 Billion By 2027

2. Market Summary Market Size – USD 1.04 Billion in 2018, Market Growth - CAGR of 5.0%, Market Trends – The elevating use of ascorbic acid in personal care products The Global Ascorbic Acid market is forecast to reach USD 1.63 Billion by 2027, according to a new report by Reports and Data. Further key findings from the report suggest: The Ascorbic Acid market held a market share of USD 1.04 Billion in the year 2018 that is forecasted to grow at a rate of 5.0% during the forecast period. In context to Type, the Calcium Ascorbate segment is projected to witness a signifiacnt growth rate of 5.4% during the forecast period, which is expected to hold 28.0% of the market by 2027. The market share held by this segment is attributed to its benefits like it is gentle on the stomach and easily gets absorbed, which results in its growing popularity among end-users. In context to Grade, Food Grade segment held the largest market share of 60.0% in 2018, with a CAGR of 5.1% during the forecast period. The market dominance of the Food Grade segment is attributed to the continuous growth of the food and beverage industry and associated elevated demand for this acid as a food additive, are supporting the market share held by this segment. • • • www.reportsanddata.com

3. Key Players: CSPC Pharma, DSM, Northeast Pharma, Shandong Luwei, Shandong Tianli, North China Pharma, Zhengzhou Tuoyang, Anhui Tiger, Henan Huaxing and BASF SE. Segmentation: Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2020-2027) • Calcium Ascorbate • Sodium Ascorbate • Magnesium Ascorbate • Potassium Ascorbate • D-Isoascorbic Acid Grade Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2020-2027) • Pharmaceutical Grade • Food Grade • Others Form Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2020-2027) • Tablet • Tonic • Injection www.reportsanddata.com

4. Regional Vehicle Access Control Market (Regional Output, Demand & Forecast by Countries):- • North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More. www.reportsanddata.com

5. Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market www.reportsanddata.com

6. About Us: Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com www.reportsanddata.com