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Ellagic acid Market: Future Innovation Strategies, Growth & Profit Analysis, Forecast by 2019 to 2029

02-23-2021 01:28 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Ellagic acid Market: Future Innovation Strategies, Growth &

Ellagic acid is a micronutrient that is known for its unique antioxidant properties. It is a naturally occurring substance, present in berries and red fruits such as blackberries, strawberries, and pomegranates. Ellagic acid has numerous properties that include skin whitening, anti-aging, anti-inflammatory etc. Furthermore, it has anti-carcinogenic properties that prevent the development of cancer cells.

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The global ellagic acid market is growing in collaboration with the personal care and pharmaceutical market. For widening the scope of pharmaceuticals, Governments of various developed countries have been involved in various supportive schemes and charitable causes that promotes the growth of global ellagic acid market. The global allegic market is consolidated with only few operating players that are implementing defensive strategies within the market.

Ellagic acid Market: Segmentation

Based on the grade, the Ellagic acid market is segmented as:

Below 90%
90% - 95%
Above 95%
Based on the end-use industry, the Ellagic acid market is segmented as:

Personal care and cosmetics
Pharmaceutical
Others

The personal care and cosmetics segment accounts for over two third of the global ellagic acid market. On the other hand, the rise in the expenditure of pharmaceutical industries will further boost the growth of the global ellagic acid market.

Based on the region, the Ellagic acid market is segmented as:

North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa (MEA)
Ellagic acid Market: Regional Outlook

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The global ellagic acid market is divided into six regions including Latin America, North America, South Asia & Oceania, Europe, East Asia, and MEA. Among the regions mentioned above, Europe has the largest market for ellagic acid due to the improved living standards of the consumers and the growing demand for organic personal care products.

Moreover, North America is likely to show a similar trend as that of Europe for the global ellagic acid market due to the high disposable income in the region. Furthermore, the ellagic acid market is expected to witness steady growth in Europe and North America over the long term forecast. Moreover, Asia Pacific region is expected to have the highest growth in ellagic acid market owing to preference for organic ingredients in personal care products and the rapid rise in population. Latin America is projected to exhibit average growth for ellagic acid market over the forecast period. The Middle East and Africa, ellagic acid markets, are expected to grow in line with the global GDP till 2029.

Ellagic acid Market: key stakeholders

Key market stakeholders in the global Ellagic acid market are Aktin Chemicals, Hale Cosmeceuticals, Biomax, Plamed Green Science Group. The market is highly consolidated as there are a limited number of manufacturers clustered in major geographies. Some of the distributors of allegic acid include cayman chemicals, spectrum chemicals and TCI America.

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The research report presents a comprehensive assessment of the Ellagic acid market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The Ellagic acid market report provides analysis and information, according to market segments such as geographies, applications and types.

Ellagic acid Market Report Covers Exhaustive Analysis On:

Market Segments
Market Dynamics
Market Size & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Ellagic acid Market Regional Analysis Includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Europe (UK, Germany, Spain, France, RoE)
East Asia (China, Japan, South Korea)
South Asia (India, ASEAN
Oceania (ANZ, Rest of Oceania)
MEA (GCC Countries, South Africa, Turkey, Rest of MEA)

Ellagic acid report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

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The Ellagic acid report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The Ellagic acid report also maps the qualitative impact of various market factors on market segments such as geographies, grade and end use industry.

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