Product Code:461734
Published Date: Feb 08,2023
Pages: 97
Region: Global
Category: Pharma & Healthcare
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Ellagic acid is a natural phenol antioxidant found in numerous fruits and vegetables. The antiproliferative and antioxidant properties of ellagic acid have prompted research into its potential health benefits. LPI (LP Information)' newest research report, the “Ellagic Acid Industry Forecast” looks at past sales and reviews total world Ellagic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Ellagic Acid sales for 2023 through 2029. With Ellagic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ellagic Acid industry. This Insight Report provides a comprehensive analysis of the global Ellagic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ellagic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ellagic Acid market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ellagic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ellagic Acid. The global Ellagic Acid market size is projected to grow from US$ 10 million in 2022 to US$ 15 million in 2029; it is expected to grow at a CAGR of 15 from 2023 to 2029. The ellagic acid market is very concentrated market; the revenue of top five manufacturers accounts about 73.71% of the total revenue in 2019. The leading manufactures mainly are Kanwinn Pharmchem, Nektium Pharma, Staherb. Staherb is the largest manufacturer and its revenue of global market exceeds 33% in 2019. Geographically, the global ellagic acid market has been segmented into North America, Europe, China, India and RoW. The China held the largest consumption share in the global market, accounted for 43% of global market demand. Ellagic acid is a naturally occurring substance. The best sources of ellagic acid in the diet are strawberries, raspberries, blackberries, cherries, and walnuts. Ellagic acid may bind to chemicals that cause cancer and it may also prevent the growth of cancer cells. At present, the most mature application is to add in cosmetics to whiten the skin and lighten spots. Among them. In 2019, the proportion of Cosmetic and Skin Care in global consumption reached 74% and it is expected that the proportion will be even higher in the next few years. This report presents a comprehensive overview, market shares, and growth opportunities of Ellagic Acid market by product type, application, key manufacturers and key regions and countries. Market Segmentation: Segmentation by type 40% Ellagic Acid 90% Ellagic Acid Others Segmentation by application Pharma and Healthcare Cosmetic and Skin Care Others This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration. Shaanxi Honghao Bio-Tech Kangcare Bioindustry Kanwinn Pharmchem Nektium Pharma Staherb Stanford Chemicals Wufeng Chicheng Biotech Naturex Key Questions Addressed in this Report What is the 10-year outlook for the global Ellagic Acid market? What factors are driving Ellagic Acid market growth, globally and by region? Which technologies are poised for the fastest growth by market and region? How do Ellagic Acid market opportunities vary by end market size? How does Ellagic Acid break out type, application? What are the influences of COVID-19 and Russia-Ukraine war?