Need to fetch category name from product id?

Product ID is the same as post ID. See https://codex.www.ads-software.com/Function_Reference/get_the_term_list

Thanking you for your response.
But..
I have used th function this way.

$result =  get_the_term_list( 88, 'product_cat', 'People: ', ', ' );
echo "<pre>";
print_r($result);
echo "</pre>";

Here , 88 is a product id and ‘product_cat’ is a taxonomy for product post type.
I have already fetch the product id from order table using order id.
When i use above code in function file and run website, it trigger me an error.
i.e. Invalid taxonomy.

WP_Error Object
(
    [errors] => Array
        (
            [invalid_taxonomy] => Array
                (
                    [0] => Invalid taxonomy
                )

        )

    [error_data] => Array
        (
        )

)

You may be running it too early. Taxonomies are not registered until init.

Thank you.
but i need at that stage so.
I have tried with query and finally got it.

function get_terms_by_post_type( $taxonomies, $post_types, $pId ) {
    global $wpdb;
    $query = $wpdb->prepare(
        "SELECT t.*, COUNT(*) from $wpdb->terms AS t
        INNER JOIN $wpdb->term_taxonomy AS tt ON t.term_id = tt.term_id
        INNER JOIN $wpdb->term_relationships AS r ON r.term_taxonomy_id = tt.term_taxonomy_id
        INNER JOIN $wpdb->posts AS p ON p.ID = r.object_id
        WHERE p.post_type IN('%s') AND tt.taxonomy IN('%s') AND p.ID = $pId
        GROUP BY t.term_id",
        join( "', '", $post_types ),
        join( "', '", $taxonomies )
    );
    $results = $wpdb->get_results( $query );
    return $results;
}

function get_description_by_term_id( $termid ) {
    global $wpdb;
    $query = "SELECT t.* from $wpdb->term_taxonomy AS t
         WHERE t.term_id = $termid
        GROUP BY t.term_id";
    $results = $wpdb->get_results( $query );
    return $results;
}

$terms = get_terms_by_post_type( array('product_cat'), array('product'), $product_id );
$termDescription = get_description_by_term_id($terms['0']->term_id);

Is there any other way?
Then plz mention.
Again thank you for your kind response.