Market Overview:
The global 3-O-ethyl ascorbic acid market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for 3-O-ethyl ascorbic acid from the pharmaceutical, cosmetic, food and other industries. In terms of type, the purity below 98.5% segment is expected to dominate the global 3-O-ethyl ascorbic acid market during the forecast period owing to its low cost and high availability. However, with technological advancements in production processes, it is anticipated that higher purity segments such as purity above 99.5% will witness significant growth during the forecast period.
Product Definition:
3-O-Ethyl Ascorbic Acid is a derivative of Vitamin C that has been found to be more effective in fighting skin aging. It is a water soluble vitamin that helps protect the skin from free radicals and environmental toxins.
Purity Below 98.5%:
Purity below 98.5% is also known as 3-O-Ethyl ascorbic acid or simply EAA. It is a form of vitamin C, used in food and dietary supplements to enhance their nutritional value.
Purity Below 99%:
Purity below 99% is also known as 3-O-Ethyl ascorbic acid or simply EAA. It is a form of vitamin C, used to manufacture various products such as dietary supplements and pharmaceutical drugs. Purity levels of the product vary depending on where it's manufactured but generally it contains around 90% to 95% of active ingredient.
The demand for the product has been rising in recent years owing to growing consumer awareness regarding healthy living.
Application Insights:
The market is segmented by application into the pharmaceutical industry, cosmetic industry, food and beverages industry and others. The pharmaceutical application dominated the overall market in terms of revenue share at over 40% in 2017. 3-O-ethyl ascorbic acid is used for manufacturing various medicines such as antibiotics, analgesics (painkillers), antacid tablets and powders among others. It has been found to be an effective substitute for vitamin C in most of these applications due to its higher stability towards oxidation compared to L-ascorbic acid.
3-O-ethyl ascorbic acid also finds applications in the manufacture of nutritional supplements & sports drinks among other niche segments such as cosmetics where it is used mainly for its antioxidant properties along with some additional functionalities that are not present in pure vitamin C products only.
Regional Analysis:
North America was the largest regional market in 2017 owing to high consumer awareness and availability of a wide range of products. Moreover, increasing research on vitamin C and its derivatives is expected to fuel the demand for this compound over the forecast period. Europe accounted for approximately 25% share in global 3-O-ethyl ascorbic acid (EAA) market in 2017 due to growing pharmaceutical industry coupled with rising geriatric population prone to various diseases.
China emerged as a major producer.
Growth Factors:
- Increasing demand for 3-O-Ethyl Ascorbic Acid in food and beverage industry as a preservative
- Rising awareness about the benefits of 3-O-Ethyl Ascorbic Acid among consumers
- Growing use of 3-O-Ethyl Ascorbic Acid in personal care products
- increasing research and development activities for new applications of 3-O-Ethyl Ascorbic Acid
- Expansion of distribution channels for selling 3-O
Scope Of The Report
Report Attributes
Report Details
Report Title
3-O-Ethyl Ascorbic Acid Market Research Report
By Type
Purity Below 98.5%, Purity Below 99%, Purity Above 99.5%
By Application
Pharmaceutical Industry, Cosmetic Industry, Food Industry, Others
By Companies
NIPPON FINE CHEMICAL, CORUM, Uniproma Chemical, Spec-Chem Industry, Cosmol, Axiom Ingredients, ANECO
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
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global 3-O-Ethyl Ascorbic Acid Market Report Segments:
The global 3-O-Ethyl Ascorbic Acid market is segmented on the basis of:
Types
Purity Below 98.5%, Purity Below 99%, Purity Above 99.5%
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
Pharmaceutical Industry, Cosmetic Industry, Food Industry, Others
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:
- NIPPON FINE CHEMICAL
- CORUM
- Uniproma Chemical
- Spec-Chem Industry
- Cosmol
- Axiom Ingredients
- ANECO
Highlights of The 3-O-Ethyl Ascorbic Acid 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:
- Purity Below 98.5%
- Purity Below 99%
- Purity Above 99.5%
- By Application:
- Pharmaceutical Industry
- Cosmetic Industry
- Food Industry
- Others
- 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 3-O-Ethyl Ascorbic Acid 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
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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?
3-O-Ethyl Ascorbic Acid is a form of Vitamin C that has been chemically altered so that it cannot be used by the body to produce energy.
Some of the major companies in the 3-o-ethyl ascorbic acid market are NIPPON FINE CHEMICAL, CORUM, Uniproma Chemical, Spec-Chem Industry, Cosmol, Axiom Ingredients, ANECO.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 3-O-Ethyl Ascorbic Acid Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 3-O-Ethyl Ascorbic Acid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 3-O-Ethyl Ascorbic Acid Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 3-O-Ethyl Ascorbic Acid Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 3-O-Ethyl Ascorbic Acid Market Size & Forecast, 2018-2028
4.5.1 3-O-Ethyl Ascorbic Acid Market Size and Y-o-Y Growth
4.5.2 3-O-Ethyl Ascorbic Acid Market Absolute $ Opportunity
Chapter 5 Global 3-O-Ethyl Ascorbic Acid Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 3-O-Ethyl Ascorbic Acid Market Size Forecast by Type
5.2.1 Purity Below 98.5%
5.2.2 Purity Below 99%
5.2.3 Purity Above 99.5%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 3-O-Ethyl Ascorbic Acid Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 3-O-Ethyl Ascorbic Acid Market Size Forecast by Applications
6.2.1 Pharmaceutical Industry
6.2.2 Cosmetic Industry
6.2.3 Food Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 3-O-Ethyl Ascorbic Acid Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 3-O-Ethyl Ascorbic Acid Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America 3-O-Ethyl Ascorbic Acid Analysis and Forecast
9.1 Introduction
9.2 North America 3-O-Ethyl Ascorbic Acid Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America 3-O-Ethyl Ascorbic Acid Market Size Forecast by Type
9.6.1 Purity Below 98.5%
9.6.2 Purity Below 99%
9.6.3 Purity Above 99.5%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America 3-O-Ethyl Ascorbic Acid Market Size Forecast by Applications
9.10.1 Pharmaceutical Industry
9.10.2 Cosmetic Industry
9.10.3 Food Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe 3-O-Ethyl Ascorbic Acid Analysis and Forecast
10.1 Introduction
10.2 Europe 3-O-Ethyl Ascorbic Acid Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe 3-O-Ethyl Ascorbic Acid Market Size Forecast by Type
10.6.1 Purity Below 98.5%
10.6.2 Purity Below 99%
10.6.3 Purity Above 99.5%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe 3-O-Ethyl Ascorbic Acid Market Size Forecast by Applications
10.10.1 Pharmaceutical Industry
10.10.2 Cosmetic Industry
10.10.3 Food Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific 3-O-Ethyl Ascorbic Acid Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 3-O-Ethyl Ascorbic Acid Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific 3-O-Ethyl Ascorbic Acid Market Size Forecast by Type
11.6.1 Purity Below 98.5%
11.6.2 Purity Below 99%
11.6.3 Purity Above 99.5%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific 3-O-Ethyl Ascorbic Acid Market Size Forecast by Applications
11.10.1 Pharmaceutical Industry
11.10.2 Cosmetic Industry
11.10.3 Food Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America 3-O-Ethyl Ascorbic Acid Analysis and Forecast
12.1 Introduction
12.2 Latin America 3-O-Ethyl Ascorbic Acid Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America 3-O-Ethyl Ascorbic Acid Market Size Forecast by Type
12.6.1 Purity Below 98.5%
12.6.2 Purity Below 99%
12.6.3 Purity Above 99.5%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America 3-O-Ethyl Ascorbic Acid Market Size Forecast by Applications
12.10.1 Pharmaceutical Industry
12.10.2 Cosmetic Industry
12.10.3 Food Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) 3-O-Ethyl Ascorbic Acid Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 3-O-Ethyl Ascorbic Acid Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) 3-O-Ethyl Ascorbic Acid Market Size Forecast by Type
13.6.1 Purity Below 98.5%
13.6.2 Purity Below 99%
13.6.3 Purity Above 99.5%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) 3-O-Ethyl Ascorbic Acid Market Size Forecast by Applications
13.10.1 Pharmaceutical Industry
13.10.2 Cosmetic Industry
13.10.3 Food Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 3-O-Ethyl Ascorbic Acid Market: Competitive Dashboard
14.2 Global 3-O-Ethyl Ascorbic Acid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NIPPON FINE CHEMICAL
14.3.2 CORUM
14.3.3 Uniproma Chemical
14.3.4 Spec-Chem Industry
14.3.5 Cosmol
14.3.6 Axiom Ingredients
14.3.7 ANECO
