Global Ursolic Acid Market Growth 2023-2029

Global Ursolic Acid Market Growth 2023-2029

Ursolic acid is a lipophilic pentacyclic triterpenoid. It is a biologically active compound found in many plants (a phytochemical). It is widely used in pharmaceutical industry, cosmetic industry and food＆health care products industry, because of its anti-inflammatory, antifungal, antitumor, antiulcer and antiviral properties.

LPI (LP Information)' newest research report, the “Ursolic Acid Industry Forecast” looks at past sales and reviews total world Ursolic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Ursolic Acid sales for 2023 through 2029. With Ursolic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ursolic Acid industry.

This Insight Report provides a comprehensive analysis of the global Ursolic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ursolic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ursolic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ursolic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ursolic Acid.

The global Ursolic Acid market size is projected to grow from US$ 7 million in 2022 to US$ 9 million in 2029; it is expected to grow at a CAGR of 9 from 2023 to 2029.

Global ursolic acid key players include Sabinsa, Changsha Staherb Natural Ingredients, Shaanxi Huike Botanical Development, Changsha E.K HERB etc. Global top 3 manufacturers hold a share over 30%.

North America is the largest market, with a share over 40%, followed by Europe and Asia-Pacific, both have a share over 50%.

This report presents a comprehensive overview, market shares, and growth opportunities of Ursolic Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

25% Ursolic Acid

50% Ursolic Acid

90% Ursolic Acid

98% Ursolic Acid

Others

Segmentation by application

Pharmaceutical

Cosmetic

Food and Health Care Products

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Sabinsa

Sami Labs

Changsha Staherb Natural Ingredients

Run Shaanxi Days of Bio-tech

Shaanxi Huike Botanical Development

Changsha Luyuan Bio-Tech

Xuancheng Baicao Pharmaceutical

Changsha E.K HERB

Shaanxi Jintai Biological Engineering

Hunan NutraMax

Xi’an TonKing

MicroHerb

Geneham Pharmaceutical

Acetar Bio-Tech

Shaanxi Hopeland Chem-Tech

Xi'an Tianben Bio-Engineering

AiKan Biological

Ningshan Guosheng Biological Technology

Yongzhou Huamao Biotechnology

Baoji Guokang Bio-Technology

Hunan Warrant Pharmaceutical

Shaaxi Haiqiang Phytochemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ursolic Acid market?

What factors are driving Ursolic Acid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ursolic Acid market opportunities vary by end market size?

How does Ursolic Acid break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.