Report overview
Magnesium ascorbyl phosphate is a stable, water-soluble, non-poisonous, and non-irritating provitamin C. The chemical name of this substance is magnesium L-ascorbyl acid-2-phosphate. It acts as an excellent additive in modern functional whitening cosmetics and can accelerate the formation of collagen by utilizing free oxygen radical. The modification of sensitive hydroxyl group in ascorbate using phosphoric ester helps to make magnesium ascorbyl phosphate resistant to atmospheric oxygen.
This report contains market size and forecasts of Magnesium Ascorbyl Phosphates in global, including the following market information:
Global Magnesium Ascorbyl Phosphates Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Magnesium Ascorbyl Phosphates Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Magnesium Ascorbyl Phosphates companies in 2021 (%)
The global Magnesium Ascorbyl Phosphates market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Purity: 95% Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Magnesium Ascorbyl Phosphates include Spec-Chem Industry, Jigs Chemical, BOC Sciences, Seidler Chemical, Charkit Chemical, Nanjing Joint Friends Chemical, Merck, Showa Denko and M.C. Biotec and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Magnesium Ascorbyl Phosphates manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Magnesium Ascorbyl Phosphates Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Magnesium Ascorbyl Phosphates Market Segment Percentages, by Type, 2021 (%)
Purity: 95%
Purity: 90%
Global Magnesium Ascorbyl Phosphates Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Magnesium Ascorbyl Phosphates Market Segment Percentages, by Application, 2021 (%)
Cosmetics
Healthcare
Food Industry
Others
Global Magnesium Ascorbyl Phosphates Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Magnesium Ascorbyl Phosphates Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Magnesium Ascorbyl Phosphates revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Magnesium Ascorbyl Phosphates revenues share in global market, 2021 (%)
Key companies Magnesium Ascorbyl Phosphates sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Magnesium Ascorbyl Phosphates sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Spec-Chem Industry
Jigs Chemical
BOC Sciences
Seidler Chemical
Charkit Chemical
Nanjing Joint Friends Chemical
Merck
Showa Denko
M.C. Biotec
Seashell Technology
