Market Share of Ascorbic Acid Industry
The ascorbic acid market is highly fragmented, with an increasing number of local and regional players worldwide. Key players like Merck KGaA, Koninklijke DSM NV, Shandong Luwei Pharmaceutical Co Ltd, and Northeast Pharmaceutical Group Co. Ltd cater to a majority of the market. The companies are utilizing their products and technological skills to develop marketing and business strategies across the vitamin and mineral supplements segment, driving innovations, stimulating new product developments, and business planning and branding across social media platforms.
Ascorbic Acid Market Leaders
Merck KGaA
Foodchem International Corporation
Koninklijke DSM NV
Northeast Pharmaceutical Group Co. Ltd
Shandong Luwei Pharmaceutical Co Ltd
*Disclaimer: Major Players sorted in no particular order