Global Sodium Ascorbate Market: Introduction
Sodium Ascorbate is a form of the mineral salt of ascorbic acid. Sodium Ascorbate provides 131 mg of sodium per 1,000 mg of ascorbic acid. These are mainly used as a food additive and are also used as an antioxidant, and an acidity regulator.
Sodium Ascorbate acts as a vitamin in a case of there being a deficiency of vitamin C in the body and it is known for its antioxidant properties. However, the primary use of Sodium Ascorbate is to prevent and treat the vitamin C deficiency in the body. Due to the 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. Sodium Ascorbate, commonly known as vitamin C, is used in various important ends use industries such as pharmaceuticals, personal care, food and beverages, and others. However, 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, color and nutrient content of the food.
Global Sodium Ascorbate Market: Drivers and Restraints
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. This is going to increase the demand of Sodium Ascorbate in the market further. Due to the massive investments and cutting-edge research and development done by key industry players and along with a rapid pace of proacid gression in the pharmaceutical and medical industries, the demand is going to surge further.
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. Since 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 speaking, the market for Sodium Ascorbate is primarily concentrated in the Asia-Pacific region, followed by Europe and North America. Also, the Asia-Pacific region is poised to be the fastest growing market in the coming decade. The reason for this demand is due to increase a concentration of people for fitness, and hence consumption of gym and nutritional supplements containing Sodium Ascorbate is on the rise globally.
Global Sodium Ascorbate Market: Segmentation
The Global Sodium Ascorbate Market is segmented by application,
- Food & Beverage
- Cosmetics & Personal care
Global Sodium Ascorbate Market: Segmentation Overview
The extreme demand for sodium Ascorbate arrives from the dietary supplements owing the increasing health conscious consumers. These are also majorly used in the food and beverage industry as a food additive.
Global Sodium Ascorbate Market: Regional Outlook
The Sodium Ascorbate Market is segmented by regions into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Middle East & Africa (MEA) and Japan. The key business countries in the Sodium Ascorbate market are US, Europe, Japan, and China. Geographically speaking, the market for Sodium Ascorbate is primarily concentrated in the Asia-Pacific region, followed by Europe and North America. Also, the Asia-Pacific region is poised to be the fastest growing market in the coming decade. The reason for this demand is due to grow attentiveness of people for fitness, and therefore intake of gym and nutritional supplements containing Sodium Ascorbate is on the rise globally.
Global Sodium Ascorbate Market: Prominent vendors
The prominent players in the global Sodium Ascorbate Market are Parchem fine & specialty chemicals , M.C.Biotec Inc., Vantage Specialty Ingredients, Inc., Selco, BulkActives, GREAF, Gonmisol, DSM Nutritional Products AG, Rhino Linings Corporation, others. To ensure product differentiation and to gain a considerable share of the market, major vendors are adopting creative strategies and are constantly developing innovative products. Most of the major Sodium Ascorbate manufacturers concentrate on capitalizing their funds to maintain applications and technical marketing groups are appointed to serve the ever-changing needs of consumers.
The report covers exhaustive analysis on:
- Sodium Ascorbate Market Segments
- Sodium Ascorbate Market Dynamics
- Historical Actual Market Size, 2013 - 2015
- Sodium Ascorbate Market Size & Forecast 2016 to 2026
- Supply & Demand Value Chain
- Sodium Ascorbate Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
- Sodium Ascorbate Market Drivers and Restraints
Regional analysis for Sodium Ascorbate Market includes:
- North America
- US & Canada
- Latin America
- Brazil, Argentina & Others
- Western Europe
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
- Detailed overview of parent market
- Market changing market dynamics of the industry
- Sodium Ascorbate Market in-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Sodium Ascorbate Market Recent industry trends and developments
- Sodium Ascorbate Market Competitive landscape
- Sodium Ascorbate Market Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.