The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Ursolic Acid market has experienced robust growth, expanding from $0.01 billion in 2023 to $0.01 billion in 2024, with a Compound Annual Growth Rate (CAGR) of 8.1%. The historic growth can be attributed to various factors such as traditional herbal medicine, pharmaceutical research, and the increasing use of Ursolic Acid in cosmetics and skincare products.

• Growing Utilization in Cosmetic Industry: Ursolic Acid is increasingly used in cosmetic products due to its anti-aging, anti-inflammatory, anti-wrinkle, and antioxidant properties.
• South Korea’s Cosmetic Exports: South Korea witnessed a surge in cosmetic exports in 2021, surpassing $8 billion, with skincare cosmetics leading the import categories. This indicates a significant market potential for Ursolic Acid in cosmetic formulations.
• Key Players: Major companies in the Ursolic Acid market include Sabinsa Corporation, Sami-Sabinsa Group Limited, and Changsha Staherb Natural Ingredients Co. Ltd., among others.

Innovation: Broad-Spectrum Mineral Sunscreens With Ursolic Acid For Enhanced Sun Protection

Companies operating in the Ursolic Acid market are focusing on introducing broad-spectrum mineral sunscreens enriched with Ursolic Acid to offer superior sun protection.

• Features of Broad-Spectrum Mineral Sunscreens: These sunscreens contain active ingredients like zinc oxide or titanium dioxide, effectively protecting against a wide range of ultraviolet (UV) radiation.
• Example of Innovation: MALIN + GOETZ Inc. launched SPF 30 Mineral Sunscreen incorporating Ursolic Acid, antioxidants, and non-nano zinc oxide. The sunscreen offers water-resistant, broad-spectrum defense and is suitable for all skin types and tones.

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CJ CheilJedang Corporation Partnered With Emmyon Inc.

In December 2022, CJ CheilJedang Corporation partnered with Emmyon Inc., aiming to develop health supplements that prevent muscle loss, utilizing Ursolic Acid found in apple peels and herbs like rosemary and thyme.

• Focus on Muscle Health: The partnership seeks to develop ingredients that improve muscle mass, strength, and metabolism, addressing concerns related to muscle loss.
• Role of Emmyon Inc.: Emmyon Inc., a US-based biotechnology company, holds patents covering Ursolic Acid and other herbal substances, contributing to the development of innovative health supplements.

Market Segmentation and Regional Analysis

The Ursolic Acid market is segmented based on type, form, and end-use applications.

1. By Type: Segments include 25% Ursolic Acid, 50% Ursolic Acid, 90% Ursolic Acid, 98% Ursolic Acid, and other types.
2. By Form: Products are available in powdered form, capsules, and liquid form.
3. By End-Use: Pharmaceuticals, food and beverage, cosmetics, nutraceuticals, and other end-uses are significant segments.

North America Leads in Ursolic Acid Market Share

North America emerged as the largest region in the Ursolic Acid market in 2023, indicating the region’s dominance in the market.

• Market Leadership: North America’s strong presence in the Ursolic Acid market signifies significant consumption and production capabilities.
• Potential for Growth: With increasing prevalence of lifestyle diseases, rising demand for herbal supplements, and ongoing cancer research, North America holds promise for continued market expansion.

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The Ursolic Acid Global Market Report 2024  provides an overview of the ursolic acid market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The ursolic acid market forecast analyzes ursolic acid market size, ursolic acid market share, leading competitor and their market positions.

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