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.
- Erythorbic Acid is a food additive that is used as an antioxidant and preservative in foods such as cheese, wine, and baked goods.
- 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.
- 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) 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:
- DSM
- Foodchem
- Huayuan Bioengineering
- HuameiHuli Biochem
- MORIMURA BROS
- Zhengzhou Tuoyang Industrial
- Finoric
- APAC Chemical
- Xi'an Rainbow Bio-Tech
Highlights of The Erythorbic Acid (CAS 89-65-6) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pharma Grade Erythorbic Acid
- Food Grade Erythorbic Acid
- By Application:
- Food
- Pharmaceuticals
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- 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