Press release
Corosolic Acid Market 2024 Trends: Key Regions, Progress Insight, Prominent Players and Forecast to 2030
LOS ANGELES, United States: The report named, "Global Corosolic Acid Market Insights, Forecast to 2030" has been added to the archive of market research studies by QY Research. The industry experts and researchers have offered reliable and precise analysis of the global Corosolic Acid market in view of numerous aspects such as growth factors, challenges, limitations, developments, trends, and growth opportunities. This report will surely act as a handy instrument for the market participants to develop effective strategies with an aim to reinforce their market positions. This report offers pin-point analysis of the changing dynamics and emerging trends in the global Corosolic Acid market. Additionally, it provides a futuristic perspective on various factors that are likely to boost the global Corosolic Acid market growth in the years to come. Besides, authors of the report have shed light on the factors that may hamper the growth of the global Corosolic Acid market.Valued at US$ 8.5 million in 2024, the global Corosolic Acid market is forecast to reach US$ 12.2 million by 2030, at a CAGR of 6.2% during the forecast period.
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The global market for corosolic acid is experiencing steady growth due to increasing consumer awareness of natural health supplements and the rising prevalence of lifestyle-related diseases such as diabetes and obesity.
With increasing diabetes cases worldwide, the corosolic acid market is set to expand rapidly, especially in countries such as India, which is known as the world capital of diabetes. The beneficial qualities of this acid are known to treat severe diseases, including cancer and kidney failure. The demand for the chemical is the most in the pharma and healthcare industry, as patients grapple with diabetes with each passing day. Primarily, corosolic acid is used to treat type-2 diabetes, as it decreases insulin resistance in patients. As the pandemic has receded, it has left behind many post-recovery side effects in COVID patients, diabetes being one of the most prominent diseases. Corosolic acid inhibits the proliferation of those cells by increasing glucose uptake in the body. Furthermore, it can also reduce the incidence of tumors in patients. This is deemed highly beneficial for diabetes and those with liver cancer, which is caused by diabetes. This development will increase market growth due to the immense benefits of the acid in the pharma and medical industry.
The main development trends in the future include:
Increased Use in Functional Foods: Integration of corosolic acid into beverages and snacks targeting metabolic health.
Focus on Sustainable Sourcing: Development of efficient and eco-friendly extraction techniques to ensure consistent supply.
Clinical Research: Greater investment in human trials to substantiate therapeutic claims and expand its application scope.
Customized Products: Development of tailored supplements targeting specific health conditions or demographics.
Global key corosolic acid players include Sanat Products, Vidya Herbs and Staherb Natural Ingredients etc. The top 3 companies hold a share about 44%. North America is the largest market with a share about 44%, followed by Europe and Asia-Pacific. In terms of product, 1% and 2% product is the largest segment with a share about 92%. And in terms of applications, the largest application is pharma and healthcare with a share about 93%.
Key Players Mentioned in the Global Corosolic Acid Market Research Report:
Vital Herbs, Shaanxi Yi An Biological Technology, Shaanxi Herbchem Biological, Staherb Natural Ingredients, Vidya Herbs, Ambe Phytoextracts, Bio Actives Japan Corporation, Optimum Herbal Extracts, Sanat Products, SUNTREE (Xiamen)
The segmental analysis section of the report includes a thorough research study on key type and application segments of the global Corosolic Acid market. All of the segments considered for the study are analyzed in quite some detail on the basis of market share, growth rate, recent developments, technology, and other critical factors. The segmental analysis provided in the report will help players to identify high-growth segments of the global Corosolic Acid market and clearly understand their growth journey. Moreover, it will help them to identify key growth pockets of the global Corosolic Acid market.
Details of Corosolic Acid Market Segmentation: -
Segment by Type:
1% and 2%
5%
10%
20%
Others
Segment by Application:
Pharma and Healthcare
Food Additives
Others
Segment by Region:
North America
Europe
Asia Pacific
South America
Middle East and Africa
The authors of the report have analyzed both developing and developed regions considered for the research and analysis of the global Corosolic Acid market. The regional analysis section of the report provides an extensive research study on different regional and country-wise Corosolic Acid markets to help players plan effective expansion strategies. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries. Players can use this study to explore untapped Corosolic Acid markets to extend their reach and create sales opportunities.
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Table of Content
1 Study Coverage
1.1 Corosolic Acid Product Introduction
1.2 Market by Type
1.2.1 Global Corosolic Acid Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 1% and 2%
1.2.3 5%
1.2.4 10%
1.2.5 20%
1.2.6 Others
1.3 Market by Application
1.3.1 Global Corosolic Acid Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Pharma and Healthcare
1.3.3 Food Additives
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Corosolic Acid Production
2.1 Global Corosolic Acid Production Capacity (2019-2030)
2.2 Global Corosolic Acid Production by Region: 2019 VS 2023 VS 2030
2.3 Global Corosolic Acid Production by Region
2.3.1 Global Corosolic Acid Historic Production by Region (2019-2024)
2.3.2 Global Corosolic Acid Forecasted Production by Region (2025-2030)
2.3.3 Global Corosolic Acid Production Market Share by Region (2019-2030)
2.4 China
2.5 Japan
2.6 India
2.7 Europe
3 Executive Summary
3.1 Global Corosolic Acid Revenue Estimates and Forecasts 2019-2030
3.2 Global Corosolic Acid Revenue by Region
3.2.1 Global Corosolic Acid Revenue by Region: 2019 VS 2023 VS 2030
3.2.2 Global Corosolic Acid Revenue by Region (2019-2024)
3.2.3 Global Corosolic Acid Revenue by Region (2025-2030)
3.2.4 Global Corosolic Acid Revenue Market Share by Region (2019-2030)
3.3 Global Corosolic Acid Sales Estimates and Forecasts 2019-2030
3.4 Global Corosolic Acid Sales by Region
3.4.1 Global Corosolic Acid Sales by Region: 2019 VS 2023 VS 2030
3.4.2 Global Corosolic Acid Sales by Region (2019-2024)
3.4.3 Global Corosolic Acid Sales by Region (2025-2030)
3.4.4 Global Corosolic Acid Sales Market Share by Region (2019-2030)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufacturers
4.1 Global Corosolic Acid Sales by Manufacturers
4.1.1 Global Corosolic Acid Sales by Manufacturers (2019-2024)
4.1.2 Global Corosolic Acid Sales Market Share by Manufacturers (2019-2024)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of Corosolic Acid in 2023
4.2 Global Corosolic Acid Revenue by Manufacturers
4.2.1 Global Corosolic Acid Revenue by Manufacturers (2019-2024)
4.2.2 Global Corosolic Acid Revenue Market Share by Manufacturers (2019-2024)
4.2.3 Global Top 10 and Top 5 Companies by Corosolic Acid Revenue in 2023
4.3 Global Corosolic Acid Sales Price by Manufacturers (2019-2024)
4.4 Global Key Players of Corosolic Acid, Industry Ranking, 2022 VS 2023
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Corosolic Acid Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of Corosolic Acid, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of Corosolic Acid, Product Offered and Application
4.8 Global Key Manufacturers of Corosolic Acid, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Corosolic Acid Sales by Type
5.1.1 Global Corosolic Acid Historical Sales by Type (2019-2024)
5.1.2 Global Corosolic Acid Forecasted Sales by Type (2025-2030)
5.1.3 Global Corosolic Acid Sales Market Share by Type (2019-2030)
5.2 Global Corosolic Acid Revenue by Type
5.2.1 Global Corosolic Acid Historical Revenue by Type (2019-2024)
5.2.2 Global Corosolic Acid Forecasted Revenue by Type (2025-2030)
5.2.3 Global Corosolic Acid Revenue Market Share by Type (2019-2030)
5.3 Global Corosolic Acid Price by Type
5.3.1 Global Corosolic Acid Price by Type (2019-2024)
5.3.2 Global Corosolic Acid Price Forecast by Type (2025-2030)
6 Market Size by Application
6.1 Global Corosolic Acid Sales by Application
6.1.1 Global Corosolic Acid Historical Sales by Application (2019-2024)
6.1.2 Global Corosolic Acid Forecasted Sales by Application (2025-2030)
6.1.3 Global Corosolic Acid Sales Market Share by Application (2019-2030)
6.2 Global Corosolic Acid Revenue by Application
6.2.1 Global Corosolic Acid Historical Revenue by Application (2019-2024)
6.2.2 Global Corosolic Acid Forecasted Revenue by Application (2025-2030)
6.2.3 Global Corosolic Acid Revenue Market Share by Application (2019-2030)
6.3 Global Corosolic Acid Price by Application
6.3.1 Global Corosolic Acid Price by Application (2019-2024)
6.3.2 Global Corosolic Acid Price Forecast by Application (2025-2030)
7 US & Canada
7.1 US & Canada Corosolic Acid Market Size by Type
7.1.1 US & Canada Corosolic Acid Sales by Type (2019-2030)
7.1.2 US & Canada Corosolic Acid Revenue by Type (2019-2030)
7.2 US & Canada Corosolic Acid Market Size by Application
7.2.1 US & Canada Corosolic Acid Sales by Application (2019-2030)
7.2.2 US & Canada Corosolic Acid Revenue by Application (2019-2030)
7.3 US & Canada Corosolic Acid Market Size by Country
7.3.1 US & Canada Corosolic Acid Revenue by Country: 2019 VS 2023 VS 2030
7.3.2 US & Canada Corosolic Acid Revenue by Country (2019-2030)
7.3.3 US & Canada Corosolic Acid Sales by Country (2019-2030)
7.3.4 US
7.3.5 Canada
8 Europe
8.1 Europe Corosolic Acid Market Size by Type
8.1.1 Europe Corosolic Acid Sales by Type (2019-2030)
8.1.2 Europe Corosolic Acid Revenue by Type (2019-2030)
8.2 Europe Corosolic Acid Market Size by Application
8.2.1 Europe Corosolic Acid Sales by Application (2019-2030)
8.2.2 Europe Corosolic Acid Revenue by Application (2019-2030)
8.3 Europe Corosolic Acid Market Size by Country
8.3.1 Europe Corosolic Acid Revenue by Country: 2019 VS 2023 VS 2030
8.3.2 Europe Corosolic Acid Sales by Country (2019-2030)
8.3.3 Europe Corosolic Acid Revenue by Country (2019-2030)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China Corosolic Acid Market Size by Type
9.1.1 China Corosolic Acid Sales by Type (2019-2030)
9.1.2 China Corosolic Acid Revenue by Type (2019-2030)
9.2 China Corosolic Acid Market Size by Application
9.2.1 China Corosolic Acid Sales by Application (2019-2030)
9.2.2 China Corosolic Acid Revenue by Application (2019-2030)
10 Asia (excluding China)
10.1 Asia Corosolic Acid Market Size by Type
10.1.1 Asia Corosolic Acid Sales by Type (2019-2030)
10.1.2 Asia Corosolic Acid Revenue by Type (2019-2030)
10.2 Asia Corosolic Acid Market Size by Application
10.2.1 Asia Corosolic Acid Sales by Application (2019-2030)
10.2.2 Asia Corosolic Acid Revenue by Application (2019-2030)
10.3 Asia Corosolic Acid Market Size by Region
10.3.1 Asia Corosolic Acid Revenue by Region: 2019 VS 2023 VS 2030
10.3.2 Asia Corosolic Acid Revenue by Region (2019-2030)
10.3.3 Asia Corosolic Acid Sales by Region (2019-2030)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Corosolic Acid Market Size by Type
11.1.1 Middle East, Africa and Latin America Corosolic Acid Sales by Type (2019-2030)
11.1.2 Middle East, Africa and Latin America Corosolic Acid Revenue by Type (2019-2030)
11.2 Middle East, Africa and Latin America Corosolic Acid Market Size by Application
11.2.1 Middle East, Africa and Latin America Corosolic Acid Sales by Application (2019-2030)
11.2.2 Middle East, Africa and Latin America Corosolic Acid Revenue by Application (2019-2030)
11.3 Middle East, Africa and Latin America Corosolic Acid Market Size by Country
11.3.1 Middle East, Africa and Latin America Corosolic Acid Revenue by Country: 2019 VS 2023 VS 2030
11.3.2 Middle East, Africa and Latin America Corosolic Acid Revenue by Country (2019-2030)
11.3.3 Middle East, Africa and Latin America Corosolic Acid Sales by Country (2019-2030)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profile
12.1 Vital Herbs
12.1.1 Vital Herbs Corporation Information
12.1.2 Vital Herbs Overview
12.1.3 Vital Herbs Corosolic Acid Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.1.4 Vital Herbs Corosolic Acid Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 Vital Herbs Recent Developments
12.2 Shaanxi Yi An Biological Technology
12.2.1 Shaanxi Yi An Biological Technology Corporation Information
12.2.2 Shaanxi Yi An Biological Technology Overview
12.2.3 Shaanxi Yi An Biological Technology Corosolic Acid Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.2.4 Shaanxi Yi An Biological Technology Corosolic Acid Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Shaanxi Yi An Biological Technology Recent Developments
12.3 Shaanxi Herbchem Biological
12.3.1 Shaanxi Herbchem Biological Corporation Information
12.3.2 Shaanxi Herbchem Biological Overview
12.3.3 Shaanxi Herbchem Biological Corosolic Acid Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.3.4 Shaanxi Herbchem Biological Corosolic Acid Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 Shaanxi Herbchem Biological Recent Developments
12.4 Staherb Natural Ingredients
12.4.1 Staherb Natural Ingredients Corporation Information
12.4.2 Staherb Natural Ingredients Overview
12.4.3 Staherb Natural Ingredients Corosolic Acid Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.4.4 Staherb Natural Ingredients Corosolic Acid Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 Staherb Natural Ingredients Recent Developments
12.5 Vidya Herbs
12.5.1 Vidya Herbs Corporation Information
12.5.2 Vidya Herbs Overview
12.5.3 Vidya Herbs Corosolic Acid Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.5.4 Vidya Herbs Corosolic Acid Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 Vidya Herbs Recent Developments
12.6 Ambe Phytoextracts
12.6.1 Ambe Phytoextracts Corporation Information
12.6.2 Ambe Phytoextracts Overview
12.6.3 Ambe Phytoextracts Corosolic Acid Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.6.4 Ambe Phytoextracts Corosolic Acid Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 Ambe Phytoextracts Recent Developments
12.7 Bio Actives Japan Corporation
12.7.1 Bio Actives Japan Corporation Corporation Information
12.7.2 Bio Actives Japan Corporation Overview
12.7.3 Bio Actives Japan Corporation Corosolic Acid Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.7.4 Bio Actives Japan Corporation Corosolic Acid Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 Bio Actives Japan Corporation Recent Developments
12.8 Optimum Herbal Extracts
12.8.1 Optimum Herbal Extracts Corporation Information
12.8.2 Optimum Herbal Extracts Overview
12.8.3 Optimum Herbal Extracts Corosolic Acid Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.8.4 Optimum Herbal Extracts Corosolic Acid Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 Optimum Herbal Extracts Recent Developments
12.9 Sanat Products
12.9.1 Sanat Products Corporation Information
12.9.2 Sanat Products Overview
12.9.3 Sanat Products Corosolic Acid Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.9.4 Sanat Products Corosolic Acid Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 Sanat Products Recent Developments
12.10 SUNTREE (Xiamen)
12.10.1 SUNTREE (Xiamen) Corporation Information
12.10.2 SUNTREE (Xiamen) Overview
12.10.3 SUNTREE (Xiamen) Corosolic Acid Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.10.4 SUNTREE (Xiamen) Corosolic Acid Product Model Numbers, Pictures, Descriptions and Specifications
12.10.5 SUNTREE (Xiamen) Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 Corosolic Acid Industry Chain Analysis
13.2 Corosolic Acid Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Corosolic Acid Production Mode & Process
13.4 Corosolic Acid Sales and Marketing
13.4.1 Corosolic Acid Sales Channels
13.4.2 Corosolic Acid Distributors
13.5 Corosolic Acid Customers
14 Corosolic Acid Market Dynamics
14.1 Corosolic Acid Industry Trends
14.2 Corosolic Acid Market Drivers
14.3 Corosolic Acid Market Challenges
14.4 Corosolic Acid Market Restraints
15 Key Findings in the Global Corosolic Acid Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
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