Global Ursolic Acid Market is Expected to 8.4 Million USD by 2022

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The global Ursolic Acid market is valued at 6.6 million USD in 2016 and is expected to reach 8.4 million USD by the end of 2022, growing at a CAGR of 4.01% between 2016 and 2022.

The major players in global Ursolic Acid market include Sabinsa, Sami Labs, Changsha Staherb Natural Ingredients, Run Shaanxi Days of Bio-tech, Shaanxi Huike Botanical Development, Changsha Luyuan Bio-Tech, Xuancheng Baicao Pharmaceutical, Changsha E.K HERB, Shaanxi Jintai Biological Engineering, Hunan NutraMax, Xi’an TonKing.

Ursolic acid is present in a natural plant, triterpenoids. It has effects of sedative, anti-inflammatory, anti-bacterial, anti-diabetic, anti-ulcer. In addition, loquat leaf extract powder ursolic acid has significant antioxidant function, which is widely used as a medicine and whitening cosmetic raw material. So, it is widely used in pharmaceutical industry, cosmetic industry and food&health care products industry. Food&health care products industry is its largest downstream market with more than 40% market share.

Ursolic acid is divided into 25% ursolic acid, 50% ursolic acid, 90% ursolic acid, 98% ursolic acid. 25% ursolic acid is its mainstream product, which is used for pharmaceutical products, cosmetics, etc..

At present, the production of ursolic acid is mainly distributed in China. About 70% loquat is distributed in China. China is the largest production country of ursolic acid in the world in the past few years and it will keep the same position in the next few years.

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Market Segment Applications, can be divided into

·        Pharmaceutical Industry

·        Cosmetic Industry

·        Food & Health Care Products Industry
 

Market Segment by Type, covers

·        25% Ursolic Acid

·        50% Ursolic Acid

·        90% Ursolic Acid

·        98% Ursolic Acid

·        Others

Ursolic acid is a lipophilic pentacyclic triterpenoid. It is a biologically active compound found in many plants (a phytochemical). It is widely used in pharmaceutical industry, cosmetic industry and food&health care products industry, because of its anti-inflammatory, antifungal, antitumor, antiulcer and antiviral properties.

Ursolic acid is present in a natural plant, triterpenoids. It has effects of sedative, anti-inflammatory, anti-bacterial, anti-diabetic, anti-ulcer. In addition, loquat leaf extract powder ursolic acid has significant antioxidant function, which is widely used as a medicine and whitening cosmetic raw material. So, it is widely used in pharmaceutical industry, cosmetic industry and food&health care products industry. Food&health care products industry is its largest downstream market, which took up 44.07% of the production in 2015.

At present, the production of ursolic acid is distributed in China, Asia (Excluding China), Europe, USA. About 70% loquat is distributed in China. China is the largest production country of ursolic acid in the world in the past few years and it will keep the same position in the next few years. The China market will take up about 87.30% % in the global production market in 2016.

Changsha Staherb Natural Ingredients, Run Shaanxi Days of Bio-tech, Shaanxi Huike Botanical Development, Sabinsare and Changsha Luyuan Bio-Tech are the key suppliers in the global ursolic acid. Top five company production took up about 32.73% of the global market in 2015.

The global Ursolic Acid market is valued at 6.6 million USD in 2016 and is expected to reach 8.4 million USD by the end of 2022, growing at a CAGR of 4.01% between 2016 and 2022.

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