Product Code: ETC351749 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Moreover, due to rising awareness about healthy lifestyle habits among Filipinos, there has been an increase in demand for multi-vitamin products from renowned brands such as Amway Nutrilite? which contains both Vitamins B2 & C along with other essential minerals & nutrients necessary for a balanced diet. This trend is expected to continue growing at a steady rate over the forecast period.
The Philippines vitamin C ingredients market is expected to witness steady demand due to the widespread application of vitamin C in various industries, including food and beverages, cosmetics, and pharmaceuticals. The rising consumer preference for products with added health benefits, including immune support and skin health, will drive the demand for vitamin C ingredients. Furthermore, the growth of the cosmetics industry and the popularity of anti-aging products will further fuel the market`s expansion.
The vitamin C ingredients market, sourcing raw materials and ensuring consistent quality pose challenges. Vitamin C is typically derived from various natural sources, and factors like climate changes and agricultural issues can impact the availability of these sources.
The pandemic highlighted the importance of boosting immune health, leading to increased demand for vitamin C supplements. However, disruptions in transportation and supply chain constraints affected the availability of raw materials. The market experienced fluctuations as consumer purchasing patterns changed due to lockdowns and economic uncertainty. As supply chain challenges are resolved and health concerns remain a priority, the market for vitamin C ingredients is anticipated to regain its momentum.
Vitamin C, known for its antioxidant properties and immune system support, has a significant market presence in the Philippines. Its applications range from supplements to cosmetics and food products. The market is characterized by both local and international ingredient suppliers. Key players include NutriAsia, DSM, and Northeast Pharmaceutical Group, among others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Vitamin C Ingredients Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Vitamin C Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Vitamin C Ingredients Market - Industry Life Cycle |
3.4 Philippines Vitamin C Ingredients Market - Porter's Five Forces |
3.5 Philippines Vitamin C Ingredients Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Vitamin C Ingredients Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Philippines Vitamin C Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.8 Philippines Vitamin C Ingredients Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.9 Philippines Vitamin C Ingredients Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Philippines Vitamin C Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of vitamin C for immunity boosting and overall health |
4.2.2 Growing demand for natural and organic vitamin C ingredients in the Philippines |
4.2.3 Rising disposable income levels and changing lifestyles leading to higher consumption of dietary supplements |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in vitamin C ingredients production |
4.3.2 Stringent regulations and quality standards in the manufacturing of vitamin C ingredients |
4.3.3 Competition from substitute products in the market |
5 Philippines Vitamin C Ingredients Market Trends |
6 Philippines Vitamin C Ingredients Market, By Types |
6.1 Philippines Vitamin C Ingredients Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Vitamin C Ingredients Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Vitamin C Ingredients Market Revenues & Volume, By Ascorbic Acid, 2021-2031F |
6.1.4 Philippines Vitamin C Ingredients Market Revenues & Volume, By Sodium Ascorbate, 2021-2031F |
6.1.5 Philippines Vitamin C Ingredients Market Revenues & Volume, By Calcium Ascorbate, 2021-2031F |
6.1.6 Philippines Vitamin C Ingredients Market Revenues & Volume, By Coated Vitamin C, 2021-2031F |
6.1.7 Philippines Vitamin C Ingredients Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Vitamin C Ingredients Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Philippines Vitamin C Ingredients Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Philippines Vitamin C Ingredients Market Revenues & Volume, By Granules, 2021-2031F |
6.2.4 Philippines Vitamin C Ingredients Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Vitamin C Ingredients Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Philippines Vitamin C Ingredients Market Revenues & Volume, By Natural, 2021-2031F |
6.3.3 Philippines Vitamin C Ingredients Market Revenues & Volume, By Synthetic, 2021-2031F |
6.4 Philippines Vitamin C Ingredients Market, By Process |
6.4.1 Overview and Analysis |
6.4.2 Philippines Vitamin C Ingredients Market Revenues & Volume, By Reichstein Process, 2021-2031F |
6.4.3 Philippines Vitamin C Ingredients Market Revenues & Volume, By Two-Stage Fermentation Process, 2021-2031F |
6.5 Philippines Vitamin C Ingredients Market, By End Use |
6.5.1 Overview and Analysis |
6.5.2 Philippines Vitamin C Ingredients Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.5.3 Philippines Vitamin C Ingredients Market Revenues & Volume, By Cosmetics & Personal Care Products, 2021-2031F |
6.5.4 Philippines Vitamin C Ingredients Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.5.5 Philippines Vitamin C Ingredients Market Revenues & Volume, By Animal Feed, 2021-2031F |
7 Philippines Vitamin C Ingredients Market Import-Export Trade Statistics |
7.1 Philippines Vitamin C Ingredients Market Export to Major Countries |
7.2 Philippines Vitamin C Ingredients Market Imports from Major Countries |
8 Philippines Vitamin C Ingredients Market Key Performance Indicators |
8.1 Consumer awareness and perception surveys on the benefits of vitamin C ingredients |
8.2 Percentage of market share held by natural and organic vitamin C ingredients |
8.3 Growth rate of the dietary supplements market in the Philippines |
8.4 Research and development investment in innovative vitamin C ingredients formulations |
8.5 Number of new product launches featuring vitamin C ingredients in the market |
9 Philippines Vitamin C Ingredients Market - Opportunity Assessment |
9.1 Philippines Vitamin C Ingredients Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Vitamin C Ingredients Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Philippines Vitamin C Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
9.4 Philippines Vitamin C Ingredients Market Opportunity Assessment, By Process, 2021 & 2031F |
9.5 Philippines Vitamin C Ingredients Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Philippines Vitamin C Ingredients Market - Competitive Landscape |
10.1 Philippines Vitamin C Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Philippines Vitamin C Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |