Development Trend: Magnesium Ascorbate Phosphate Market Size

Magnesium Ascorbyl Phosphate is a stable, water-soluble, non-toxic, non-irritating form of provitamin C. The chemical name of this substance is L-Ascorbic Acid-2-magnesium phosphate. It is an excellent additive in modern functional whitening cosmetics that can use free radicals to accelerate the formation of collagen. Modification of the sensitive hydroxyl groups in ascorbic acid with a phosphate ester helps render magnesium ascorbyl phosphate resistant to atmospheric oxygen.
Global and Chinese magnesium ascorbyl phosphate market history and future market size statistics and forecasts, magnesium ascorbyl phosphate production and sales, magnesium ascorbyl phosphate industry competition situation, and analysis of each company's market position are all covered in the magnesium ascorbyl phosphate market research report. The global magnesium ascorbyl phosphate market size in 2022 will be 100 million yuan (RMB), of which the domestic magnesium ascorbyl phosphate market capacity will be 100 million yuan. It is expected that during the forecast period, the global magnesium ascorbyl phosphate market size will grow at an average growth rate of % and reach 2028. reached 100 million yuan.
In terms of products, the magnesium ascorbate phosphate market includes purity: 95% and purity: 90%. Among them, the market size will reach 100 million yuan in 2023, and the CAGR is expected to reach % during the forecast period. From the perspective of downstream applications, China's magnesium ascorbate phosphate market downstream can be divided into cosmetics, medical care, food industry, others, etc. Among them, the industry will account for % in 2022, taking the leading position.

From a competitive perspective, the report covers the analysis of the development profile of China's core enterprises, including Spec-Chem Industry, Jigs Chemical, BOC Sciences, Seidler Chemical, Charkit Chemical, Nanjing Joint Friends Chemical, Merck, Showa Denko, and Seashell Technology. In 2023, the first-tier manufacturers will have , occupying a total market share of %; the second-tier manufacturers will have , occupying a total market share of %. The report analyzes the product features, product specifications, prices, sales volume, sales revenue and market share of these core companies in turn, and evaluates their market competitive advantages and disadvantages.

Vitamin C Ethyl Ether 6