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Global Ursolic Acid Market Outlook, Opportunities And Strategies

Learn about the global ursolic acid market through The Business Research Company, which provides information on ursolic acid market size, ursolic acid market drivers and restraints, ursolic acid market players, the COVID-19 impact on the ursolic acid market, and more.

The global ursolic acid market is expected to grow from $7.62 million in 2020 to $8.12 million in 2021 at a compound annual growth rate (CAGR) of 6.6%. The growth of the ursolic acid market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The ursolic acid market is expected to reach $10.34 million in 2025 at a CAGR of 6.2%.

The increasing prevalence of cardiovascular diseases is expected to drive innovation in ursolic acid, thus driving the market during the forecast period.

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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 is presumed to contain antioxidant, anti-inflammatory, and cancer-fighting properties.

Global ursolic acid market segments include:

By Type: 25% Ursolic Acid, 50% Ursolic Acid, 90% Ursolic Acid, 98% Ursolic Acid, Others

By Form: Powdered Form, Capsules, Liquid Form

By End-Use: Pharmaceuticals, Food And Beverage, Cosmetics, Nutraceuticals, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the ursolic acid market in 2020.

Rapid growth in the utilization of ursolic acid in the manufacturing of various products in the cosmetic industry owing to spiked growth and demand for herbal products is expected to garner the growth of the market over coming years. Ursolic acid in cosmetic products is used as an anti-aging agent, anti-inflammatory, anti-wrinkle agent, and antioxidant.

TBRC’s ursolic acid market report covers:

 Major Market Players: Sabinsa, Sami Labs, Changsha Staherb Natural Ingredients, Shaanxi Jintai

Biological Engineering, Hunan NutraMax, Changsha E.K HERB, Xi an TonKing, Geneham Pharmaceutical, TCI Chemicals (India) Pvt. Ltd., MP Biomedicals, and Cayman Chemical Company.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Ursolic Acid Global Market Report 2021: COVID-19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides ursolic acid market overviews, analyzes and forecasts market size, share, ursolic acid market players, ursolic acid market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s ursolic acid market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Personal Care Ingredients Global Market Report 2021

Food And Beverages Global Market Report 2021

Pharmaceutical Drugs Global Market Report 2021

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