The Vitamin C market is anticipated to expand at a high CAGR over the forecast period.
Vitamin C, also known as ascorbic acid, is a water-soluble vitamin that plays a crucial role in various physiological processes within the human body. It is an essential nutrient, meaning that the body cannot produce it on its own, and it must be obtained through diet or supplementation. Vitamin C is renowned for its antioxidant properties, helping to protect cells from damage caused by free radicals. Additionally, it is vital for collagen synthesis, a protein crucial for the health of connective tissues, skin, blood vessels, and bones. Vitamin C also aids in the absorption of non-heme iron from plant-based foods, further supporting overall iron metabolism. Found abundantly in fruits and vegetables such as citrus fruits, strawberries, bell peppers, and broccoli, maintaining an adequate intake of vitamin C is essential for promoting immune function, wound healing, and overall well-being.
The National Institute of Health has provided information on vitamin C dosage in a fact sheet. According to the guidelines, the recommended dosage of vitamin C varies for different age groups. For infants aged 0-6 months, the appropriate dosage is 40mg. Infants aged 7-12 months should have 50mg. Children aged 1-3 years are recommended 15mg, while those aged 4-8 years should have 25mg. For children aged 9-13 years, the appropriate dosage is 45mg. Adolescents aged 14-18 years are advised to have 65mg (females) and 75mg (males). For adults aged 19 years and above, the recommended dosage is 75mg for females and 90mg for males.
The increasing focus on health-conscious choices among consumers has generated a rising demand for fortified food and beverages. This trend is prominent in developed and developing nations, including the United States, India, China, and Germany. Consumers are turning towards products containing functional ingredients, such as ascorbic acids, to enhance their immune systems and address health-related concerns. As a pivotal element in functional food and beverage items, ascorbic acid serves various purposes, acting as a preservative, flavor enhancer, and taste modifier in products like confectionery, sauces, and bread. The growing demand for fortified beverages and other food products is playing a significant role in the overall expansion of the ascorbic acid market. With an increasing awareness of the advantages of ascorbic acid, these driving factors are anticipated to exert a substantial impact. Companies are actively meeting the demand for fortified products by integrating ascorbic acid into their offerings.
The cosmetic industry has witnessed a growing trend in incorporating vitamin C as a key ingredient, particularly for its skin-brightening properties. Vitamin C, or ascorbic acid, is renowned for its antioxidant properties and its ability to promote collagen synthesis. These qualities make it a sought-after ingredient in skincare formulations, contributing to the industry's focus on achieving radiant and even-toned skin. Vitamin C helps combat the effects of oxidative stress and sun damage, reducing the appearance of dark spots, hyperpigmentation, and uneven skin tone. Additionally, it aids in brightening the complexion, providing a youthful and luminous appearance. Its popularity in cosmetic products, including serums, creams, and masks, highlights the growing consumer preference for skincare solutions that promote a healthy and radiant skin tone. As the awareness of the benefits of vitamin C continues to rise, its integration into skincare routines is expected to remain a prominent and enduring trend in the cosmetic industry.
The utilization of ascorbic acid in Asian nations, especially in India, China, and Japan, is anticipated to experience rapid growth, attributed to the cost-effective manufacturing facilities present in these regions. This dynamic has created opportunities for manufacturers to enter the functional food and beverage sector by introducing innovative bioactive ingredients, with ascorbic acid being a key component. The increasing market demand for health and dietary supplements is poised to contribute significantly to the sector's expansion in the foreseeable future. Asian countries face prevalent deficiencies in essential micronutrients such as iodine, Vitamins A and C, iron, folate, and zinc, making this region an attractive market for global Vitamin C manufacturers and suppliers. Factors like the rise in personal disposable income and supportive government policies further bolster the growing demand for ascorbic acid. The pharmaceutical industry's notable growth in the region is also a driving force behind the increasing demand for Vitamin C.