Global Ellagic Acid Market Growth 2023-2029

Global Ellagic Acid Market Growth 2023-2029

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?