Global Ursolic Acid Market is Expected to 8.4 Million USD by 2022 – QY research

The global Ursolic Acid market is valued at 6.6 million USD in 2016 and is expected to reach 8.4 million USD by the end of 2022, growing at a CAGR of 4.01% between 2016 and 2022.

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The major players in global Ursolic Acid market include 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.

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Ursolic acid is present in a natural plant, triterpenoids. It has effects of sedative, anti-inflammatory, anti-bacterial, anti-diabetic, anti-ulcer. In addition, loquat leaf extract powder ursolic acid has significant antioxidant function, which is widely used as a medicine and whitening cosmetic raw material. So, it is widely used in pharmaceutical industry, cosmetic industry and food&health care products industry. Food&health care products industry is its largest downstream market with more than 40% market share.

Ursolic acid is divided into 25% ursolic acid, 50% ursolic acid, 90% ursolic acid, 98% ursolic acid. 25% ursolic acid is its mainstream product, which is used for pharmaceutical products, cosmetics, etc..

At present, the production of ursolic acid is mainly distributed in China. About 70% loquat is distributed in China. China is the largest production country of ursolic acid in the world in the past few years and it will keep the same position in the next few years.

Market Segment Applications, can be divided into

·        Pharmaceutical Industry

·        Cosmetic Industry

·        Food & Health Care Products Industry

Market Segment by Type, covers

·        25% Ursolic Acid

·        50% Ursolic Acid

·        90% Ursolic Acid

·        98% Ursolic Acid

·        Others

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https://www.qyresearch.com/index/detail/98764/global-ursolic-acid-market

 

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About QYResearch

QYResearch, established in 2007, focuses on custom research, management consulting, IPO consulting, industry chain research, and data base &seminar services.

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