The global demand for Ellagic Acid Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Ellagic acid is a natural micronutrient or polyphenol found in numerous vegetables and fruits. The primary sources of ellagic acid in the diet are strawberries, raspberries, blackberries, cherries, and walnuts. Raspberries contain ellagic acid in large quantities as compared to other sources. Ellagic acid is anti-inflammatory and acts as an antioxidant. It removes toxins from the body and protects against harmful molecules known as free radicals. It is usually available in the market as a dietary supplement, a dissolvable powder, and a topical solution. Ellagic acid is used to treat viral and bacterial infections and prevent cancer. It is majorly applied to the skin as a lightening and brightening agent.
The rising prevalence of cancer cases and obesity worldwide is the primary factor driving the ellagic acid market over the forecast time frame. In addition to that, growing skincare benefits of ellagic acid such as anti-inflammatory, antioxidant, reduces hyperpigmentation, brightening agent, etc. is expected to create more demand in the future from the cosmetic industry, thus positively impacting ellagic acid market growth. Moreover, ellagic acid medicinal properties have prompted research, and growing awareness among people regarding antioxidants is likely to provide profitable growth opportunities for key players in the coming years.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of ellagic acid.
The entire ellagic acid market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Pharma and Healthcare
- Cosmetic and Skin Care
This section covers regional segmentation which accentuates on current and future demand for ellagic acid market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Ellagic Acid Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the ellagic acid market include Kanwinn Pharmchem, Nektium Pharma, Staherb, Sabinsa, Spec Chem, Shanxi NHK Technology, Plamed Green Science Group, Wuhan Vanz Pharm, Xi& Lyphar Biotech, Xa Bc-Biotech, Baoji Runyu Technology, Herblink Biotech. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.