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Global Ursolic Acid Market to reach USD XX billion by 2028.

Global Ursolic Acid Market to reach USD XX billion by 2028.

Product Code: OIRFB-60818163
Publish Date: 3-02-2022
Page: 200

Global Ursolic Acid Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Ursolic Acid is a type of pentacyclic triterpenoid which identifies the epicuticular waxes particularly of apples and widely found in the peels of fruits, and also in herbs and spices such as rosemary and thyme. The Ursolic acid prevents chemotherapy’s effects and cancer germs from the body. Thus, the cancer is increasing the use of Ursolic acid is also increasing. For instance, as per MDPI, in 2018 there were 18.1 million people who were diagnosed with cancer and there were more than more than 9.6 million deaths due to cancer. In addition, as per the American Cancer Society, in 2020, in the United States, there were 1.8 million of new cases of cancer and 606,520 deaths due to cancer. Also, with the increasing growth for nutraceutical and functional food-based products, the adoption & demand for Ursolic Acid is likely to increase the market growth during the forecast period. However, lack of awareness regarding the benefits of Ursolic acid impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Ursolic Acid market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the dominating region across the world in terms of market share owing to the rise in fitness activities and increased concern of consumer for healthcare. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as rising use of cosmetics industry which is excelling the cosmetic market and the demand for emerging economies such as India and China would create lucrative growth prospects for the Ursolic Acid market across Asia-Pacific region.

Major market player included in this report are:
Changsha Staherb Natural Ingredients Co., Ltd.
Geneham Pharmaceutical Co., Ltd
Hunan E.K HERB Co., Ltd.
Hunan NutraMax Inc.
Microherb Inc.
Merck KGaA
TCI Chemicals (India) Pvt. Ltd.
Parchem fine & specialty chemicals
Xi’an Greena Biotech Co., Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
25% Ursolic Acid
50% Ursolic Acid
90% Ursolic Acid
98% Ursolic Acid
By Source:
Holy Basil (Tulsi)
Peppermint Leaves
Devil’s Claw
Cherry laurel leaves
By From:
By End User:
Cosmetic Industry
Pharmaceutical Industry
Food and Beverage Industry
Healthcare Industry
Nutraceutical Industry
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Ursolic Acid Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Ursolic Acid Market, by Region, 2020-2028 (USD Billion)
1.2.2. Ursolic Acid Market, by Product Type, 2020-2028 (USD Billion)
1.2.3. Ursolic Acid Market, by Source, 2020-2028 (USD Billion)
1.2.4. Ursolic Acid Market, by From, 2020-2028 (USD Billion)
1.2.5. Ursolic Acid Market, by End User, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Ursolic Acid Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Ursolic Acid Market Dynamics
3.1. Ursolic Acid Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Increase in cases of cancer
3.1.2. Market Challenges Lack of awareness regarding the benefits of Ursolic acid
3.1.3. Market Opportunities Increasing growth for nutraceutical and functional food-based products
Chapter 4. Global Ursolic Acid Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Ursolic Acid Market, by Product Type
6.1. Market Snapshot
6.2. Global Ursolic Acid Market by Product Type, Performance – Potential Analysis
6.3. Global Ursolic Acid Market Estimates & Forecasts by Product Type 2019-2028 (USD Billion)
6.4. Ursolic Acid Market, Sub Segment Analysis
6.4.1. 25% Ursolic Acid
6.4.2. 50% Ursolic Acid
6.4.3. 90% Ursolic Acid
6.4.4. 98% Ursolic Acid
6.4.5. Others
Chapter 7. Global Ursolic Acid Market, by Source
7.1. Market Snapshot
7.2. Global Ursolic Acid Market by Source, Performance – Potential Analysis
7.3. Global Ursolic Acid Market Estimates & Forecasts by Source 2019-2028 (USD Billion)
7.4. Ursolic Acid Market, Sub Segment Analysis
7.4.1. Holy Basil (Tulsi)
7.4.2. Elderflowers
7.4.3. Peppermint Leaves
7.4.4. Periwinkle
7.4.5. Hawthorn
7.4.6. Lavender
7.4.7. Bilberry
7.4.8. Devil’s Claw
7.4.9. Oregano
7.4.10. Thyme
7.4.11. Cherry laurel leaves
Chapter 8. Global Ursolic Acid Market, by From
8.1. Market Snapshot
8.2. Global Ursolic Acid Market by From, Performance – Potential Analysis
8.3. Global Ursolic Acid Market Estimates & Forecasts by From 2019-2028 (USD Billion)
8.4. Ursolic Acid Market, Sub Segment Analysis
8.4.1. Liquid
8.4.2. Powdered
8.4.3. Capsules
Chapter 9. Global Ursolic Acid Market, by End User
9.1. Market Snapshot
9.2. Global Ursolic Acid Market by End User, Performance – Potential Analysis
9.3. Global Ursolic Acid Market Estimates & Forecasts by End User 2019-2028 (USD Billion)
9.4. Ursolic Acid Market, Sub Segment Analysis
9.4.1. Cosmetic Industry
9.4.2. Pharmaceutical Industry
9.4.3. Food and Beverage Industry
9.4.4. Healthcare Industry
9.4.5. Nutraceutical Industry
Chapter 10. Global Ursolic Acid Market, Regional Analysis
10.1. Ursolic Acid Market, Regional Market Snapshot
10.2. North America Ursolic Acid Market
10.2.1. U.S. Ursolic Acid Market Product Type breakdown estimates & forecasts, 2019-2028 Source breakdown estimates & forecasts, 2019-2028 From breakdown estimates & forecasts, 2019-2028 End User breakdown estimates & forecasts, 2019-2028
10.2.2. Canada Ursolic Acid Market
10.3. Europe Ursolic Acid Market Snapshot
10.3.1. U.K. Ursolic Acid Market
10.3.2. Germany Ursolic Acid Market
10.3.3. France Ursolic Acid Market
10.3.4. Spain Ursolic Acid Market
10.3.5. Italy Ursolic Acid Market
10.3.6. Rest of Europe Ursolic Acid Market
10.4. Asia-Pacific Ursolic Acid Market Snapshot
10.4.1. China Ursolic Acid Market
10.4.2. India Ursolic Acid Market
10.4.3. Japan Ursolic Acid Market
10.4.4. Australia Ursolic Acid Market
10.4.5. South Korea Ursolic Acid Market
10.4.6. Rest of Asia Pacific Ursolic Acid Market
10.5. Latin America Ursolic Acid Market Snapshot
10.5.1. Brazil Ursolic Acid Market
10.5.2. Mexico Ursolic Acid Market
10.6. Rest of The World Ursolic Acid Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Changsha Staherb Natural Ingredients Co., Ltd. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.2.2. Geneham Pharmaceutical Co., Ltd
11.2.3. Hunan E.K HERB Co., Ltd.
11.2.4. Hunan NutraMax Inc.
11.2.5. Microherb Inc.
11.2.6. Ottokemi
11.2.7. Merck KGaA
11.2.8. TCI Chemicals (India) Pvt. Ltd.
11.2.9. Parchem fine & specialty chemicals
11.2.10. Xi’an Greena Biotech Co., Ltd.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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