1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Vitamin C Market Analysis, Application trends, Forecast to 2024: Global Market Insights Inc.

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  North America, driven by Canada and the U.S vitamin C market size may witness strong growth owning to increase in cosmetic and pharmaceutical sectors. Favourable regulatory guidelines along with companies are focusing towards launching new products to meet diverse and changing consumer needs.  Europe vitamin C market size, driven by UK, France, Italy, and Germany may, show significant gains during the forecast timeframe. Change in consumer lifestyle accompanied by eating habits and lack of exercise is likely to affect human health, and thereby resulting rise in number of cardiovascular disease and diabetes. Ascorbic acid is registered food additives in the EU Community and is classified as GRAS, which has resulted in increasing food & beverage sector in the region.  Asia Pacific led by Japan, India, and China vitamin C market size may witness fastest growth rate during the foreseeable future. Increasing consumer concentration towards fitness along with rise in supplement consumption should favour regional growth. Regional Analysis of Vitamin C Market :

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Vitamin C Market :  Ascorbic acid is widely used in pharmaceutical applications as it helps fight against infection and support immune system. Global pharmaceutical market size is poised to exceed USD 1.3 trillion in business by 2024. Rise in consumer spending in tablets or medicines along with increasing health consciousness should stimulate industry growth. Most of the pharmaceutical companies prescribe Vitamin C as it prevent CVD disease, reduces harmful chemotherapy effects, and destroy tumours.  Vitamin C and its salts are used in cosmetics and personal care products formulation owing to slow deterioration caused by exposure to the air and control finished product pH. It rejuvenates skin and reduces wrinkles and aging. In addition, it accelerates wound healing wounds and improves skin elasticity. Global personal care or cosmetic market may witness significant gains at over 5%. Rising anti-aging cremes, sunscreen lotions, and other bio-based products owing to varying climatic dynamics should fuel vitamin C demand.

4. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Wheat or corn are the key raw materials used for manufacturing process. Fluctuating raw material costs may pose threat to demand supply gap and affect vitamin C market price trend. However, favourable government regulations by EPA and FDA regarding ascorbic acid usage in food & beverage may stimulate industry growth.  The global vitamin C market share is consolidated. Key companies operating in the market includes Amway, Abbott, Danisco, Bayer AG and Nutraceutics. Other prominent companies include BASF, DuPont, GlaxoSmithKline, and DSM. Competitive Market Share of Vitamin C Market :

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