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Ursolic Acid Market Report 2024 | Share, Trends, Growth Demand, overview By 2033
"The Business Research Company recently released a comprehensive report on the Global Ursolic Acid Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=5280&type=smp
According to The Business Research Company's, 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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Market Drivers and Trends:
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.
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.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
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.
Ursolic Acid Market 2024 Key Insights:
• 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%.
• Ursolic Acid Market Growth Fueled By Rising Cardiovascular Disease Prevalence
• Innovation Broad-Spectrum Mineral Sunscreens With Ursolic Acid For Enhanced Sun Protection
• North America was the largest region in the ursolic acid market share in 2023
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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