Global Sodium Ascorbate Market was valued at US$ XX Mn in 2017, and is expected to reach US$ XX Mn by 2026, at a CAGR of XX % during forecast period.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global sodium ascorbate market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in sodium ascorbate market.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Sodium Ascorbate is used as a reducing agent and has excellent antioxidant properties, one of the primary drivers for a surge in demand. A significant demand for Sodium Ascorbate is sourcing from the request of the antioxidant diet supplement market.However, there is also a variety of restraints affecting the global Sodium Ascorbate market. Some of the restraints are related to the raw materials supply for the manufacture.
Sodium ascorbate is one of the mineral salts of ascorbic acid (vitamin C). Sodium ascorbate has not been demonstrated to be more bioavailable than any other form of vitamin C supplement. Sodium ascorbate normally provides 131 mg of sodium per 1,000 mg of ascorbic acid. Ascorbic acid (vitamin C) is used to prevent or treat low levels of vitamin C in people who do not get enough of the vitamin from their diets.
Vitamin C cannot be made by the human body and so is an essential component of the diet. It is needed for the health and repair of various tissues in your body, including skin, bone, teeth and cartilage. Due to vitamin C deficiency, a disease called Scurvy can occur due to which one may suffer from body rashes, muscle weakness, joint pain, and tooth decay. Most supplements and vitamins can have an effective dose encapsulated in the given space. But there are certain products (like protein supplements) that require too large of a serving to fit in tablets. So that many manufacturers are looking forward to manufacturing Sodium Ascorbate in powder form.
Sodium ascorbate used in various important end-use industries such as pharmaceuticals, personal care, food and beverages, and others. Though, Pharmaceutical industry holds for the largest consumer of Sodium Ascorbate. As vitamin C helps in the reprocessing on vitamin E, the earlier is used for formulating vitamin C supplements in the pharmaceutical industry.
In the food and beverages industry, Sodium Ascorbate is used as an additive to enhance food quality and improve the stability of food. Also, the added benefit of using these in food products is that it helps to preserve the aroma, colour and nutrient content of the food. Furthermore, it is used for intracoronal bleaching. The discolouration of the teeth, particularly the anterior teeth, is a serious problem in esthetic restorative dentistry. Tooth bleaching is the most conservative and cost-effective way of improving the appearance of discoloured teeth.
The increasing use of Sodium Ascorbate as a reducing agent and has excellent antioxidant properties, is acting as a driver for the market. A noteworthy demand for Sodium Ascorbate is sourcing from the request of the antioxidant diet supplement market. This is going to increase the demand of Sodium Ascorbate in the market during the forecast period.
Raw material supply for the manufacturers is on the restraint affecting the global sodium ascorbate market. Meanwhile, the production depends heavily on the provision of the raw materials, an uncertainty of such materials and global fluctuations in the price of such raw materials may adversely affect the global market.
Geographically, the Asia-Pacific region is poised to be the fastest growing market during the forecast period, followed by Europe and North America. The reason for this demand is due to increase a concentration of people for health conscious, fitness, and hence consumption of quality products, gym and nutritional supplements containing Sodium Ascorbate is on the rise globally. The key business countries in the Sodium Ascorbate market are US, Europe, Japan, and China.
Scope of Sodium Ascorbate Market:
Global Sodium Ascorbate Market, By Form
Global Sodium Ascorbate Market, By Application
• Personal care
• Food and beverages
Global Po Sodium Ascorbate Market, By Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating In Sodium Ascorbate Market:
• Parchem fine & specialty chemicals
• M.C.Biotec Inc.
• Vantage Specialty Ingredients Inc.
• DSM Nutritional Products AG
• Rhino Linings Corporation
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