Overview and Scope
The ursolic acid market consists of sales of ursolic acid and related-products by entities (organizations, sole traders, and partnerships) that manufacture ursolic acid that belongs to a member of the triterpene family of chemicals, which are found in both plants and mammals. Ursolic acid is a naturally occurring chemical molecule found in a wide range of plants, including rosemary and apples. It's presumed to contain anti-oxidant, anti-inflammatory, and cancer-fighting properties.
Sizing and Forecast
The ursula acid market size has grown strongly in recent years. It will grow from <b>$0.01 billion in 2023 to $0.01 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. </b> The growth in the historic period can be attributed to traditional herbal medicine, pharmaceutical research, growing health awareness, cosmetic and skincare applications, research on anti-inflammatory effects..
The ursula acid market size is expected to see strong growth in the next few years. It will grow to <b>$0.01 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. </b> The growth in the forecast period can be attributed to increasing prevalence of lifestyle diseases, nutraceutical market growth, rising demand for herbal supplements, cancer research and therapies, sustainable sourcing.. Major trends in the forecast period include natural and herbal supplementation-inflammatory applications, the increasing use of ursolic acid in cosmetics and skincare products,anti-obesity supplements, sustainable sourcing..
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Segmentation & Regional Insights
The ursolic acid market covered in this report is segmented –
1) By Type: 25% Ursolic Acid, 50% Ursolic Acid, 90% Ursolic Acid, 98% Ursolic Acid, Other Types
2) By Form: Powdered Form, Capsules, Liquid Form
3) By End-Use: Pharmaceuticals, Food and Beverage, Cosmetics, Nutraceuticals, Other End-Uses
<b>North America</b> was the largest region in the ursolic acid market share in 2023. <b>Asia-Pacific</b> was the second-largest market in ursolic acid market. The regions covered in the ursolic acid market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The increasing prevalence of cardiovascular diseases is expected to drive the growth of the ursolic acid market in the coming years. Ursolic acid has the potential to lower the heart rate, inhibit reproducing cell nuclear antigen expression in injured artery cells, and reduces lipid peroxide levels by scavenging free radicals. For instance, in October 2022, according to an article published by Centers for Disease Control and Prevention, a US-based public health agency, heart disease is the leading cause of death in the United States for men, women, and people of most racial and ethnic groups. About 695,000 people in the United States died from heart disease in 2021, which is approximately 1 in every 5 deaths. Therefore, the increasing prevalence of cardiovascular diseases propels the growth of the ursolic acid market.
Key Industry Players
Major companies operating in the ursolic acid market include <b> Sabinsa Corporation, Sami-Sabinsa Group Limited, Changsha Staherb Natural Ingredients Co. Ltd., Shaanxi Jintai Biological Engineering Co. Ltd., Hunan NutraMax Inc., Changsha E.K. HERB Co. Ltd., Xian Tonking Biotech Co. Ltd., Geneham Pharmaceutical Co. Ltd., TCI Chemicals Pvt. Ltd., MP Biomedicals LLC, Cayman Chemical Company, Chengdu King-Tiger Pharm-Chem Tech Co. Ltd., Shaanxi JoryHerb Bio-Technology Co. Ltd., Purestar Chem Enterprise Co. Ltd., Hangzhou Ruijiang Chemical Co. Ltd., Changsha Organic Herb Inc., Xi'an Natural Field Bio-Technique Co. Ltd., Hunan Huakang Biotech Inc., Xian Nature Choice Co. Ltd., Shaanxi M.R Natural Product Co. Ltd., Qingdao BNP Co. Ltd., Xian B-Thriving I/E Co. Ltd., Shaanxi Guanjie Technology Co. Ltd., Acetar Bio-Tech Inc., Hubei YuanCheng Saichuang Technology Co. Ltd., Hefei Joye Import & Export Co. Ltd., Changsha Gentcare Natural Ingredients Inc., Xi'an Huisun Bio-Tech Co. Ltd., Xian Arisun ChemPharm Co. Ltd., Naturalin Bio-Resources Co.Ltd. </b>
The ursolic acid market report table of contents includes:
1. Executive Summary
2.Ursolic Acid Market Characteristics
3. Ursolic Acid Market Trends And Strategies
4.Ursolic Acid market analysis
5.Ursolic Acid Market Size And Growth
6. Ursolic Acid Segmentation
7. Ursolic Acid Regional And Country Analysis
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27.Ursolic Acid Competitive Landscape And Company Profiles
28.Ursolic Acid Key Mergers And Acquisitions
29. Ursolic Acid Future Outlook and Potential Analysis
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