Ascorbyl Palmitate Market

By Grade;

Pharmaceutical Grade, Food Grade and Cosmetic Grade

By Form;

Powder and Liquid

By End User;

Food & Beverage, Personal Care & Cosmetic, Dietary Supplement and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn108274799 Published Date: October, 2025 Updated Date: November, 2025

Ascorbyl Palmitate Market Overview

Ascorbyl Palmitate Market (USD Million)

Ascorbyl Palmitate Market was valued at USD 187.37 million in the year 2024. The size of this market is expected to increase to USD 263.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.


Ascorbyl Palmitate Market

*Market size in USD million

CAGR 5.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.0 %
Market Size (2024)USD 187.37 Million
Market Size (2031)USD 263.65 Million
Market ConcentrationMedium
Report Pages357
187.37
2024
263.65
2031

Major Players

  • Koninklijke DSM N.V.
  • Yasho Industries
  • Pacific Rainbow International, Inc.
  • Penta International Corporation
  • Spectrum Chemical Mfg. Corp.
  • A to Z Nutrition International Inc.
  • NOW Foods

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Ascorbyl Palmitate Market

Fragmented - Highly competitive market without dominant players


The Ascorbyl Palmitate Market is expanding steadily, driven by growing interest in antioxidant solutions and product preservation. Over 55% of its use is concentrated in food, beverages, and supplements, showcasing its importance in extending shelf life while boosting nutritional value.

Key Drivers Accelerating Growth
More than 45% of consumers choose products enhanced with vitamin C derivatives for their immune-boosting and skin-enhancing properties. Its inclusion in supplements, cosmetics, and functional foods highlights its dual role in promoting wellness and supporting active lifestyles.

Advancements Strengthening Market Adoption
Nearly 35% of new innovations in nutrition and personal care include ascorbyl palmitate, emphasizing its demand in clean-label and multifunctional offerings. With its strong antioxidant capacity, it continues to gain traction among manufacturers targeting premium and health-focused consumers.

Growth Prospects and Industry Outlook
Close to 50% of wellness-oriented buyers view ascorbyl palmitate as a trusted additive that combines nutritional and preservative benefits. Around 40% of companies are investing in sustainable sourcing practices and innovative delivery systems to enhance product impact. With rising consumer awareness and emphasis on natural health solutions, the ascorbyl palmitate market is positioned for sustained growth across diverse applications.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Grade
    2. Market Snapshot, By Form
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Ascorbyl Palmitate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Antioxidant Demand
        2. Health and Wellness Trends
        3. Cosmetic Formulations
        4. Pharmaceutical Applications
      2. Restraints
        1. High Production Costs
        2. Regulatory Compliance
        3. Limited Consumer Awareness
        4. Shelf-life Concerns
      3. Opportunities
        1. Emerging Markets
        2. Advanced Formulations
        3. Sustainable Sourcing
        4. Personalized Nutrition
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Ascorbyl Palmitate Market, By Grade, 2021-2031 (USD Million)
      1. Pharmaceutical Grade
      2. Food Grade
      3. Cosmetic Grade
    2. Ascorbyl Palmitate Market, By Form, 2021-2031 (USD Million)
      1. Powder
      2. Liquid
    3. Ascorbyl Palmitate Market, By End User, 2021-2031 (USD Million)
      1. Food & Beverage
      2. Personal Care & Cosmetic
      3. Dietary Supplement
      4. Others
    4. Ascorbyl Palmitate Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. DSM Nutritional Products
      2. BASF SE
      3. Eastman Chemical Company
      4. Merck KGaA
      5. Yasho Industries
      6. Jiangxi Tianxin Pharmaceutical Co., Ltd.
      7. Pacific Rainbow International
      8. Camlin Fine Sciences
      9. Source Naturals
      10. Clean Science and Technology Ltd.
      11. WuHan SaiGuang
      12. Zhengzhou Tianshun Food Additives
      13. Beijing Jinkangpu Food Additive Technology
      14. West Bengal Chemical Industries Limited
      15. Hangzhou Dayangchem Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market