Global Gallic Acid (CAS 149-91-7) Market Report, History and Forecast 2017-2028

Global Gallic Acid (CAS 149-91-7) Market Report, History and Forecast 2017-2028

Market Analysis and Insights: Global Gallic Acid (CAS 149-91-7) Market
The global Gallic Acid (CAS 149-91-7) market was valued at US$ 79.93 million in 2021 and will reach US$ 137.13 million by the end of 2028, growing at a CAGR of 8.33% during 2022-2028.
The global main manufacturers of Gallic Acid (CAS 149-91-7) include Jiurui Biology, Bei Yuan Chemical, Tianxin Biotech, Hunan Linong, GALLOCHEM, Xiangxi Gaoyuan, Chicheng Biotech, JPN Pharma, and Hunan Shineway, etc. In 2021, the global four largest players have a share approximately 71% in terms of revenue.
The North America Gallic Acid (CAS 149-91-7) market size was US$ 24.22 million in 2021, while China was about US$ 26.57 million. The proportion of the China was 33.2% in 2021 and it is predicted that the share will reach 31.7% in 2028, trailing a CAGR of 7.65% through the analysis period.
Fully considering the economic change by the COVID-19, Industrial Grade Gallic Acid accounting for 66.9% of the Gallic Acid (CAS 149-91-7) global market in 2021, is projected to value US$ 88.24 million by 2028, growing at a revised 7.7% CAGR from 2022 to 2028.
Global Gallic Acid (CAS 149-91-7) Scope and Market Size
The global Gallic Acid (CAS 149-91-7) market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Gallic Acid (CAS 149-91-7) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.

By Company
Jiurui Biology
Bei Yuan Chemical
Tianxin Biotech
Hunan Linong
GALLOCHEM
Xiangxi Gaoyuan
Chicheng Biotech
JPN Pharma
Hunan Shineway
Wenzhou Liren

Segment by Type
Industrial Grade Gallic Acid
Pharmaceutical Grade Gallic Acid
Food Grade Gallic Acid

Segment by Application
Antioxidants
Biological Activity
Medical Applications
Others

By Region
North America
United States
Canada
Mexico

Asia-Pacific
China
Japan
South Korea
India
Australia
Southeast Asia

Europe
Germany
France
U.K.
Italy
Russia

South America
Brazil
Argentina

Middle East & Africa
Turkey
Saudi Arabia
Egypt