Vitamin C or Ascorbate Manufacturing Plant from Sorbitol. Profitable Business Opportunities for startups.

Introduction

Vitamin C, also known as ascorbic acid, is a necessary nutrient for the body to function properly. It's found in foods and nutritional supplements, and it helps with a variety of biological functions, including collagen production, wound healing, and cartilage, bone, and tooth repair and maintenance. Vitamin C is an antioxidant, which means it can neutralize free radicals that cause genetic damage to cells. Ascorbic acid is a water-soluble vitamin that is present in nature (Vitamin C). Ascorbic acid is a powerful reducing and antioxidant that aids in the fight against bacterial infections, detoxification, and collagen formation in fibrous tissue, teeth, bones, connective tissue, skin, and capillaries. Vitamin C is found in citrus fruits and vegetables and cannot be produced or stored by humans, so it must be obtained via the diet.

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Uses of Vitamin C (Ascorbic Acid)

Colds, asthma, bronchitis, cancer, chronic pain, cataracts, gastritis, glaucoma, heart disease, high blood pressure, osteoarthritis, and Parkinson's disease are among the diseases that vitamin C is thought to help cure or avoid.

It is now commonly promoted as a natural cure to the common cold. Despite its popularity as an "immune booster," there is no evidence that taking vitamin C will actually prevent or treat infection. Vitamin C is required for tissue growth and repair in the body.

It is used in the following situations:

· Bone, tendons, ligaments, and blood vessels are all made up of this essential protein.

· Wounds are healed and scar tissue is created.

· Maintain cartilage, bones, and teeth by repairing and maintaining them.

· Assist with iron absorption

Manufacturing Process of Vitamin C (Ascorbic acid)

The Reichstein method, two-step fermentation with a single culture, and two-step fermentation with a mixed culture are the three available process technologies for producing ascorbic acid. These process technologies have a 60 percent total yield of output in general. The two-step fermentation, on the other hand, is more efficient and produces higher-quality products than the Reichstein method.

The Reichstein method and two-step fermentation have atom economy values of 0.6424 and 0.5383, respectively, in terms of process technologies economy. Atom economy refers to a chemical process' conversion efficiency in terms of all atoms involved and the desired products generated. The two-step fermentation method's lower capital and operational costs outweigh its lower atom economy; as a result, the two-step fermentation process' total revenue is higher than the Reichstein process.

Market Outlook

The strong application spectrum in the cosmetics, pharmaceutical, animal feed, and processed food industries is driving the market size of vitamin C. It's primarily found in fruits and vegetables, and it's also taken as a dietary supplement. It's used to avoid heart failure, vision disorders, immune system defects, skin wrinkling, and prenatal health problems. By 2024, the global vitamin market could be worth more than USD 10 billion. Vitamin C is a natural antioxidant that protects cells from free radical damage when they are exposed to radiation or UV rays. It is involved in protein metabolism and is needed for collagen biosynthesis. During the period 2020-2025, the ascorbic acid market is expected to develop at a CAGR of 5.1 percent.

Books: - BOOKS & DATABASES

Indian Govt Initiative for Vitamin C Production

In the wake of domestic producers arguing for the implementation of a levy, India has launched an anti-dumping inquiry into vitamin C imports from China. The move comes days after the Directorate General of Trade Remedies (DGTR) of the Commerce Ministry placed a six-month provisional anti-dumping duty on anti-bacterial medication Ciprofloxacin Hydrochloride imports from China. The investigation has been launched after Bajaj Healthcare said that ‘dumped imports' of vitamin C from China are harming the domestic industry.

Market Research; - Market Research Report

“In terms of important product characteristics such as physical and chemical characteristics, manufacturing process and technology, functions and uses, product requirements, pricing, and distribution, subject products manufactured by domestic industry and PUC (product under consideration) imported from subject country (China) are comparable. The products' marketing and tariff classification,” the company had said.

Key Players:-

· Dishman Pharmaceuticals & Chemicals Ltd.

· Glaxosmithkline Pharmaceuticals Ltd.

· Gulshan Polyols Ltd.

· Kasyap Sweetners Ltd.

· M S Healthcare Pvt. Ltd.

· Pfizer Healthcare India Pvt. Ltd.

· Pfizer Ltd.

For More Details:- https://www.entrepreneurindia.co/project-and-profile-details/Production%20of%20Vitamin%20C%20(Ascorbic%20Acid)

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Introduction

Project Introduction
Project Objective and Strategy
Concise History of the Product
Properties
BIS (Bureau of Indian Standards) Provision & Specification
Uses & Applications

Market Study and Assessment

Current Indian Market Scenario
Present Market Demand and Supply
Estimated Future Market Demand and Forecast
Statistics of Import & Export
Names & Addresses of Existing Units (Present Players)
Market Opportunity

Raw Material

List of Raw Materials
Properties of Raw Materials
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Personnel (Manpower) Requirements

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Plant and Machinery

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Miscellaneous Items
Appliances & Equipments
Laboratory Equipments & Accessories
Electrification
Electric Load & Water
Maintenance Cost
Sources of Plant & Machinery (Suppliers and Manufacturers)

Manufacturing Process and Formulations

Detailed Process of Manufacture with Formulation
Packaging Required
Process Flow Sheet Diagram

Infrastructure and Utilities

Project Location
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Project at a Glance

Assumptions for Profitability workings	Plant Economics
Production Schedule
Land & Building Factory Land & Building Site Development Expenses
Plant & Machinery Indigenous Machineries Other Machineries (Miscellaneous, Laboratory etc.)
Other Fixed Assets Furniture & Fixtures Pre-operative and Preliminary Expenses Technical Knowhow Provision of Contingencies
Working Capital Requirement Per Month Raw Material Packing Material Lab & ETP Chemical Cost Consumable Store
Overheads Required Per Month And Per Annum Utilities & Overheads (Power, Water and Fuel Expenses etc.) Royalty and Other Charges Selling and Distribution Expenses
Salary and Wages	Turnover Per Annum
Share Capital Equity Capital Preference Share Capital
Annexure 1:: Cost of Project and Means of Finance
Annexure 2:: Profitability and Net Cash Accruals Revenue/Income/Realisation Expenses/Cost of Products/Services/Items Gross Profit Financial Charges Total Cost of Sales Net Profit After Taxes Net Cash Accruals
Annexure 3 :: Assessment of Working Capital requirements Current Assets Gross Working. Capital Current Liabilities Net Working Capital Working Note for Calculation of Work-in-process
Annexure 4 :: Sources and Disposition of Funds
Annexure 5 :: Projected Balance Sheets ROI (Average of Fixed Assets) RONW (Average of Share Capital) ROI (Average of Total Assets)
Annexure 6 :: Profitability ratios D.S.C.R Earnings Per Share (EPS) Debt Equity Ratio
Annexure 7 :: Break-Even Analysis Variable Cost & Expenses Semi-Var./Semi-Fixed Exp. Profit Volume Ratio (PVR) Fixed Expenses / Cost B.E.P
Annexure 8 to 11:: Sensitivity Analysis-Price/Volume Resultant N.P.B.T Resultant D.S.C.R Resultant PV Ratio Resultant DER Resultant ROI Resultant BEP
Annexure 12 :: Shareholding Pattern and Stake Status Equity Capital Preference Share Capital
Annexure 13 :: Quantitative Details-Output/Sales/Stocks Determined Capacity P.A of Products/Services Achievable Efficiency/Yield % of Products/Services/Items Net Usable Load/Capacity of Products/Services/Items Expected Sales/ Revenue/ Income of Products/ Services/ Items
Annexure 14 :: Product wise domestic Sales Realisation	Annexure 15 :: Total Raw Material Cost
Annexure 16 :: Raw Material Cost per unit	Annexure 17 :: Total Lab & ETP Chemical Cost
Annexure 18 :: Consumables, Store etc.,	Annexure 19 :: Packing Material Cost
Annexure 20 :: Packing Material Cost Per Unit	Annexure 21 :: Employees Expenses
Annexure 22 :: Fuel Expenses	Annexure 23 :: Power/Electricity Expenses
Annexure 24 :: Royalty & Other Charges	Annexure 25 :: Repairs & Maintenance Exp.
Annexure 26 :: Other Mfg. Expenses	Annexure 27 :: Administration Expenses
Annexure 28 :: Selling Expenses	Annexure 29 :: Depreciation Charges – as per Books (Total)
Annexure 30 :: Depreciation Charges – as per Books (P & M)	Annexure 31 :: Depreciation Charges - As per IT Act WDV (Total)
Annexure 32 :: Depreciation Charges - As per IT Act WDV (P & M)	Annexure 33 :: Interest and Repayment - Term Loans
Annexure 34 :: Tax on Profits	Annexure 35 ::Projected Pay-Back Period And IRR