Vitamin C is a physiological antioxidant of major importance for protection against diseases and degenerative processes caused by oxidative stress. Vitamin C is ubiquitous. It is found throughout the plant and animal kingdoms, where its roles are often not known or are poorly understood. The synthetic vitamin is very widely used as a food additive and therefore has an E number (E300).
The global Ascorbic Acid market is expected to witness moderate growth over the forecast period on account of increasing demand from pharmaceutical industry. The majority of ascorbic acid manufactured is used as an antioxidant. The major end-user industries of ascorbic acid are pharmaceuticals, food & beverages, personal care, and others. The pharmaceutical industry is the largest consumer of ascorbic acid. Vitamin C helps to recycle vitamin E. About one-third of the total production of ascorbic acid is used for vitamin preparations in the pharmaceutical industry. The rest is mainly applied as an additive to food and feed to enhance product quality and stability. Vitamin C Market is driven due to rising health awareness and need for healthy lifestyle. Thus, due to demand it is a good project for entrepreneurs to invest.
Few Indian major players are as under
· Manav Drugs
· A.B. Enterprises
· Triveni Interchem Pvt. Ltd.
· Estrellas Life Sciences Pvt. Ltd.
· Akhil Healthcare Private Limited