Market Size and Growth

As per the US Ascorbic Acid Market size analysis conducted by the CMI team, the US ascorbic acid market is expected to record a CAGR of 5.27% from 2025 to 2034. In 2025, the market size was USD 2.46 Billion. By 2034, the valuation is anticipated to reach USD 3.91 Billion.

Overview

As per the industry experts at CMI, the U.S. ascorbic acid market is likely to witness a decent CAGR during the forecast period. This could be attributed to increased consumer focus on fortified foods, immunity, cosmetics, and food supplements owing to higher demand from food/pharma sectors. The key catalysts include rising awareness regarding health benefits, steady demand for the bio-based/natural forms, and innovation in the stable formulations related to personal care.

Key Trends & Drivers

  • Ongoing Trend of Health & Wellness to Determine Growth: Strong demand from the consumers for immune support, general wellness, and antioxidants does boost sales of fortified food and supplements. Widespread usage in snacks, juices, and beverages is expected to improve nutritional value. It is also termed essential in prescription/OTC medicines. Ascorbic acid is also increasingly used in antioxidant skincare (topical serums).
  • Demand for Natural Sources to Catalyze the Market: Natural sources do hold a bigger share owing to consumer preference. Sodium ascorbate is well-known for its stability. Though powdered form does dominate, the liquid forms are preferred by the aged population as gulping is better than chewing at old age.

Report Scope

Feature of the ReportDetails
Market Size in 2025USD 2.46 Billion
Projected Market Size in 2034USD 3.91 Billion
Market Size in 2024USD 2.34 Billion
CAGR Growth Rate5.27% CAGR
Base Year2024
Forecast Period2025-2034
Key SegmentBy Grade, Distribution Channel, End-use and Region
Report CoverageRevenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Buying OptionsRequest tailored purchasing options to fulfil your requirements for research.

SWOT Analysis

  • Strengths: Vitamin C (ascorbic acid) is crucial for human health (collagen, immunity). Antioxidant properties do render it valuable in several products. It is also effectively used in pharma, food, chemical, and personal care verticals. The semiconductor vertical is also using it for stabilization of electronic components and semiconductors.
  • Weaknesses: Higher reliance on imported materials, especially from the Asia-Pacific, is poised to be a major threat. Fluctuations in the supply chains across the globe, along with input costs, do adversely affect the pricing in the U.S. Plus, limited production at the domestic level is creating bottlenecks with respect to supply.
  • Opportunities: Increased demand for fermented, natural, or sustainably sourced ascorbic acid is bound to create lucrative opportunities for the U.S. ascorbic acid market. Increased usage in snacks, fortified beverages, and plant-based products; development of liposomal means or specialized grades for diverse applications; and potential for improved biosynthesis routes are the other set of opportunities.
  • Threats: The U.S. tariffs on various imports impact supply and costs on a direct basis. Geopolitical events/logistics pertaining to disruptions threaten the stability of supply. Fierce competition from the major producers is another threat. Also, the potential emergence of alternative nutrient or antioxidant blends cannot be ruled out.

List of the prominent players in the US Ascorbic Acid Market:

  • ADM
  • DuPont
  • BASF
  • Others

The US Ascorbic Acid Market is segmented as follows:

By Grade

  • Regular
  • Premium

By Distribution Channel

  • Offline
  • Online

By End-use

  • Animal Feed
  • Food & Beverages
  • Personal Care & Cosmetics
  • Pharmaceuticals