Food & Beverage Ingredients · Direct
Monitoring · monthlyProcurement Category Intelligence
Antioxidants - Ascorbic Acid
Overview
Market size
$2.1B
global, USD
CAGR
4.6%
base to forecast
Buyer power
-1.4
supplier-favoured
Suppliers
10
tracked players
Signals
12
6 high severity
Market outlook
2031$2.6B
What changed
Demand by region
North America demand33%
Asia Pacific demand30%
Europe demand27%
Latin America demand6%
Rest of world demand4%
share of global demandtotal 100%
Cost drivers
Raw material feedstocks (Glucose and Sorbitol)45%
Fermentation utilities and energy costs25%
Chemical synthesis reagents and catalysts12%
Labor and plant overheads10%
Packaging and outbound logistics8%
share of delivered cost (analyst estimate)