Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Erythorbic Acid (CAS 89-65-6) Market by Type (Pharma Grade Erythorbic Acid, Food Grade Erythorbic Acid), By Application (Food, Pharmaceuticals, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Erythorbic Acid (CAS 89-65-6) Market by Type (Pharma Grade Erythorbic Acid, Food Grade Erythorbic Acid), By Application (Food, Pharmaceuticals, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 189938 3300 Chemical & Material 377 238 Pages 4.7 (32)
                                          

Global erythorbic acid market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for food grade erythorbic acid in various regions such as Asia Pacific and Latin America. The food grade erythorbic acid is used as an antioxidant in various food products such as bakery products, dairy products, meat and poultry products, and others. Pharma Grade Erythorbic Acid Market: Pharma grade erythorbic acid is used in pharmaceuticals for its antioxidant properties which helps in preventing oxidation of drugs during storage or transportation. It also helps in reducing the risk of drug-drug interactions by inhibiting cytochrome P450 enzymes that are responsible for metabolizing drugs into their active form. This type of erythorbic acid has high purity levels with low impurities which makes it suitable for use in pharmaceuticals applications such as tablets, capsules, syrups and others. Food Grade Erythorbic Acid Market: Food grade erythorbic acid is used as an antioxidant agent that prevents oxidation reactions from occurring during storage or transportation of foods like bakery goods, dairy products, meat and poultry products etc, thereby preserving their quality over time without any changes due to oxidation reactions occurring within them. It also helps reduce the risk of drug-drug interactions by inhibiting cytochrome P450 enzymes that are responsible for metabolizing drugs into their active form thereby reducing the risk associated with drug-drug interactions when consumed together with other medications or supplements containing these substances.

  1. Erythorbic Acid is a food additive that is used as an antioxidant and preservative in foods such as cheese, wine, and baked goods.
  2. Erythorbic Acid has been approved by the FDA since 1954 for use in food products such as cheese, wine, baked goods and other processed foods where it acts as an antioxidant or preservative agent against oxidation or spoilage caused by oxygen or microorganisms respectively.
  3. Erythorbic Acid can be used in combination with other antioxidants such as butylated hydroxytoluene (BHT) or butylated hydroxyanisole (BHA).

Industry Growth Insights published a new data on “Erythorbic Acid (CAS 89-65-6) Market”. The research report is titled “Erythorbic Acid (CAS 89-65-6) Market research by Types (Pharma Grade Erythorbic Acid, Food Grade Erythorbic Acid), By Applications (Food, Pharmaceuticals, Other), By Players/Companies DSM, Foodchem, Huayuan Bioengineering, HuameiHuli Biochem, MORIMURA BROS, Zhengzhou Tuoyang Industrial, Finoric, APAC Chemical, Xi'an Rainbow Bio-Tech”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Erythorbic Acid (CAS 89-65-6) Market Research Report

By Type

Pharma Grade Erythorbic Acid, Food Grade Erythorbic Acid

By Application

Food, Pharmaceuticals, Other

By Companies

DSM, Foodchem, Huayuan Bioengineering, HuameiHuli Biochem, MORIMURA BROS, Zhengzhou Tuoyang Industrial, Finoric, APAC Chemical, Xi'an Rainbow Bio-Tech

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

238

Number of Tables & Figures

167

Customization Available

Yes, the report can be customized as per your need.


Global Erythorbic Acid (CAS 89-65-6) Industry Outlook


Global Erythorbic Acid (CAS 89-65-6) Market Report Segments:

The global Erythorbic Acid (CAS 89-65-6) market is segmented on the basis of:

Types

Pharma Grade Erythorbic Acid, Food Grade Erythorbic Acid

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Food, Pharmaceuticals, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. DSM
  2. Foodchem
  3. Huayuan Bioengineering
  4. HuameiHuli Biochem
  5. MORIMURA BROS
  6. Zhengzhou Tuoyang Industrial
  7. Finoric
  8. APAC Chemical
  9. Xi'an Rainbow Bio-Tech

Global Erythorbic Acid (CAS 89-65-6) Market Overview


Highlights of The Erythorbic Acid (CAS 89-65-6) Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Pharma Grade Erythorbic Acid
    2. Food Grade Erythorbic Acid
  1. By Application:

    1. Food
    2. Pharmaceuticals
    3. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Erythorbic Acid (CAS 89-65-6) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Erythorbic Acid (CAS 89-65-6) Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Erythorbic acid is a white crystalline compound with the chemical formula C6H5O4. It is a derivative of vitamin C and has antioxidant properties. Erythorbic acid is used in food and beverage production as a preservative, flavoring agent, and pH adjuster.

Some of the key players operating in the erythorbic acid (cas 89-65-6) market are DSM, Foodchem, Huayuan Bioengineering, HuameiHuli Biochem, MORIMURA BROS, Zhengzhou Tuoyang Industrial, Finoric, APAC Chemical, Xi'an Rainbow Bio-Tech.

The erythorbic acid (cas 89-65-6) market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Erythorbic Acid (CAS 89-65-6) Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Erythorbic Acid (CAS 89-65-6) Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Erythorbic Acid (CAS 89-65-6) Market - Supply Chain
   4.5. Global Erythorbic Acid (CAS 89-65-6) Market Forecast
      4.5.1. Erythorbic Acid (CAS 89-65-6) Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Erythorbic Acid (CAS 89-65-6) Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Erythorbic Acid (CAS 89-65-6) Market Absolute $ Opportunity

5. Global Erythorbic Acid (CAS 89-65-6) Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Type
      5.3.1. Pharma Grade Erythorbic Acid
      5.3.2. Food Grade Erythorbic Acid
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Erythorbic Acid (CAS 89-65-6) Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Application
      6.3.1. Food
      6.3.2. Pharmaceuticals
      6.3.3. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Erythorbic Acid (CAS 89-65-6) Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Erythorbic Acid (CAS 89-65-6) Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Erythorbic Acid (CAS 89-65-6) Demand Share Forecast, 2019-2026

9. North America Erythorbic Acid (CAS 89-65-6) Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Application
      9.4.1. Food
      9.4.2. Pharmaceuticals
      9.4.3. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Type
      9.7.1. Pharma Grade Erythorbic Acid
      9.7.2. Food Grade Erythorbic Acid
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Erythorbic Acid (CAS 89-65-6) Demand Share Forecast, 2019-2026

10. Latin America Erythorbic Acid (CAS 89-65-6) Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Application
      10.4.1. Food
      10.4.2. Pharmaceuticals
      10.4.3. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Type
      10.7.1. Pharma Grade Erythorbic Acid
      10.7.2. Food Grade Erythorbic Acid
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Erythorbic Acid (CAS 89-65-6) Demand Share Forecast, 2019-2026

11. Europe Erythorbic Acid (CAS 89-65-6) Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Application
      11.4.1. Food
      11.4.2. Pharmaceuticals
      11.4.3. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Type
      11.7.1. Pharma Grade Erythorbic Acid
      11.7.2. Food Grade Erythorbic Acid
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Erythorbic Acid (CAS 89-65-6) Demand Share, 2019-2026

12. Asia Pacific Erythorbic Acid (CAS 89-65-6) Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Application
      12.4.1. Food
      12.4.2. Pharmaceuticals
      12.4.3. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Type
      12.7.1. Pharma Grade Erythorbic Acid
      12.7.2. Food Grade Erythorbic Acid
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Erythorbic Acid (CAS 89-65-6) Demand Share, 2019-2026

13. Middle East & Africa Erythorbic Acid (CAS 89-65-6) Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Application
      13.4.1. Food
      13.4.2. Pharmaceuticals
      13.4.3. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Erythorbic Acid (CAS 89-65-6) Market Size and Volume Forecast by Type
      13.7.1. Pharma Grade Erythorbic Acid
      13.7.2. Food Grade Erythorbic Acid
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Erythorbic Acid (CAS 89-65-6) Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Erythorbic Acid (CAS 89-65-6) Market: Market Share Analysis
   14.2. Erythorbic Acid (CAS 89-65-6) Distributors and Customers
   14.3. Erythorbic Acid (CAS 89-65-6) Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. DSM
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Foodchem
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Huayuan Bioengineering
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. HuameiHuli Biochem
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. MORIMURA BROS
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Zhengzhou Tuoyang Industrial
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Finoric
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. APAC Chemical
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Xi'an Rainbow Bio-Tech
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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