Press release
Ursolic Acid Market Size, Share Analysis, Growth Trends And Global Forecast To 2033
Ursolic Acid Market
Ursolic Acid Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $0.01 billion In 2028 At A CAGR Of 8.7% :
The ursula acid market size has grown strongly in recent years. It will grow from $0.01 billion in 2023 to $0.01 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to traditional herbal medicine, pharmaceutical research, growing health awareness, cosmetic and skincare applications, research on anti-inflammatory effects..
The ursula acid market size is expected to see strong growth in the next few years. It will grow to $0.01 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to increasing prevalence of lifestyle diseases, nutraceutical market growth, rising demand for herbal supplements, cancer research and therapies, sustainable sourcing.. Major trends in the forecast period include natural and herbal supplementation-inflammatory applications, the increasing use of ursolic acid in cosmetics and skincare products,anti-obesity supplements, sustainable sourcing..
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Ursolic Acid Market Major Segments
The ursolic acid market covered in this report is segmented -
1) By Type: 25% Ursolic Acid, 50% Ursolic Acid, 90% Ursolic Acid, 98% Ursolic Acid, Other Types
2) By Form: Powdered Form, Capsules, Liquid Form
3) By End-Use: Pharmaceuticals, Food and Beverage, Cosmetics, Nutraceuticals, Other End-Uses
Key Driver - Ursolic Acid Market Growth Fueled By Rising Cardiovascular Disease Prevalence
The increasing prevalence of cardiovascular diseases is expected to drive the growth of the ursolic acid market in the coming years. Ursolic acid has the potential to lower the heart rate, inhibit reproducing cell nuclear antigen expression in injured artery cells, and reduces lipid peroxide levels by scavenging free radicals. For instance, in October 2022, according to an article published by Centers for Disease Control and Prevention, a US-based public health agency, heart disease is the leading cause of death in the United States for men, women, and people of most racial and ethnic groups. About 695,000 people in the United States died from heart disease in 2021, which is approximately 1 in every 5 deaths. Therefore, the increasing prevalence of cardiovascular diseases propels the growth of the ursolic acid market.
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Prominent Trend - Innovation Broad-Spectrum Mineral Sunscreens With Ursolic Acid For Enhanced Sun Protection
Major companies operating in the ursolic acid market are increasing their focus on introducing broad-spectrum mineral sunscreens to gain a competitive edge in the market. Broad-spectrum mineral sunscreens are a type of sun protection product that contains active ingredients such as zinc oxide or titanium dioxide. This type of sunscreen protects a wide range of ultraviolet (UV) radiation, making it effective at preventing sunburn. For instance, in August 2022, MALIN + GOETZ Inc., a US-based skincare company, launched SPF 30 Mineral Sunscreen as part of its skincare offerings. This sunscreen incorporates niacinamide, vitamin E, ursolic acid, antioxidants, and non-nano zinc oxide to offer protection against UV rays and environmental stressors suitable for all skin types and tones. The sunscreen, adopting Malin+Goetz's MicroSperse technology for easy and rapid absorption, also provides water-resistant, broad-spectrum defense.
Ursolic Acid Market Players
Major companies operating in the ursolic acid market include Sabinsa Corporation, Sami-Sabinsa Group Limited, Changsha Staherb Natural Ingredients Co. Ltd., Shaanxi Jintai Biological Engineering Co. Ltd., Hunan NutraMax Inc., Changsha E.K. HERB Co. Ltd., Xian Tonking Biotech Co. Ltd., Geneham Pharmaceutical Co. Ltd., TCI Chemicals Pvt. Ltd., MP Biomedicals LLC, Cayman Chemical Company, Chengdu King-Tiger Pharm-Chem Tech Co. Ltd., Shaanxi JoryHerb Bio-Technology Co. Ltd., Purestar Chem Enterprise Co. Ltd., Hangzhou Ruijiang Chemical Co. Ltd., Changsha Organic Herb Inc., Xi'an Natural Field Bio-Technique Co. Ltd., Hunan Huakang Biotech Inc., Xian Nature Choice Co. Ltd., Shaanxi M.R Natural Product Co. Ltd., Qingdao BNP Co. Ltd., Xian B-Thriving I/E Co. Ltd., Shaanxi Guanjie Technology Co. Ltd., Acetar Bio-Tech Inc., Hubei YuanCheng Saichuang Technology Co. Ltd., Hefei Joye Import & Export Co. Ltd., Changsha Gentcare Natural Ingredients Inc., Xi'an Huisun Bio-Tech Co. Ltd., Xian Arisun ChemPharm Co. Ltd., Naturalin Bio-Resources Co.Ltd.
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Largest And Fastest Growing Region In The Market
North America was the largest region in the ursolic acid market share in 2023. Asia-Pacific was the second-largest market in ursolic acid market. The regions covered in the ursolic acid market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Ursolic Acid Market Report Structure
3. Ursolic Acid Market Trends And Strategies
4. Ursolic Acid Market - Macro Economic Scenario
5. Ursolic Acid Market Size And Growth
…..
27. Ursolic Acid Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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