How Has The Ursolic Acid Market Size Evolved Historically?
The ursolic acid market has seen considerable growth due to a variety of factors.
• The market size of ursolic acid has seen robust growth in the past years. It is projected to expand from $0.01 billion in 2024 to $0.01 billion in 2025, registering a compound annual growth rate (CAGR) of 7.7%.
Factors such as traditional herbal medicine usage, pharmaceutical research, increasing health consciousness, applications in cosmetics and skincare, and studies into its anti-inflammatory effects have contributed to its growth during the historic period.
What Will Be The Ursolic Acid Market Size In The Future?
The ursolic acid market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of ursolic acid is projected to witness robust expansion in the ensuing years, expected to touch $0.02 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 9.7%.
The projected growth during the forecasted period is attributed to the escalating prevalence of lifestyle-related illnesses, growth of the nutraceutical market, heightened demand for herbal supplements, advancements in cancer studies and therapies, and sustainable sourcing. The key trends of the forecast period encompass the growing application of ursolic acid in cosmetics and skincare products, natural and herbal anti-inflammatory supplementation, anti-obesity supplements, and sustainable sourcing.
What Key Factors and Trends are Driving the Growth of the Ursolic Acid Market?
Rising incidents of cardiovascular ailments are anticipated to stimulate the expansion of the ursolic acid market in future years. Ursolic acid possesses the ability to reduce the heart rate, restrain the expression of cell nuclear antigens in damaged artery cells, and decrease lipid peroxide levels by neutralizing free radicals. In September 2024, the Stroke Foundation, an Australian national charity committed to preventing strokes, reported that 45,785 Australians had strokes in 2023, signifying a stroke occurrence every 11 minutes. Out of these incidents, 34,793 were happening for the first time. Therefore, an augmented prevalence of cardiovascular conditions is driving the growth of the ursolic acid market.
What are the Market Segments in the Ursolic Acid Market?
The ursolic acid market covered in this report is segmented –
1) By Type: 25% Ursolic Acid, 50% Ursolic Acid, 90% Ursolic Acid, 98% Ursolic Acid, Other Types
2) By Form: Powdered Form, Capsules, Liquid Form
3) By End-Use: Pharmaceuticals, Food and Beverage, Cosmetics, Nutraceuticals, Other End-Uses
Subsegments:
1) By Powdered Form: Standardized Ursolic Acid Powder, Organic Ursolic Acid Powder
2) By Capsules: Standard Capsules, Vegetarian Capsules, Gelatin Capsules
3) By Liquid Form: Ursolic Acid Extracts, Liquid Supplements Containing Ursolic Acid, Ursolic Acid Oil Formulations
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What Trends are Shaping the Ursolic Acid Market?
Leading firms in the ursolic acid industry are shifting their strategies to launch wide-ranging mineral sunscreens, aiming to outperform competitors in the market. Sun safety products, such as broad-spectrum mineral sunscreens, consist of active compounds like titanium dioxide or zinc oxide, which cover an extensive array of UV radiation, making them an effective measure to avoid sunburn. For example, in August 2022, an American skincare firm, MALIN + GOETZ Inc., debuted its SPF 30 Mineral Sunscreen as an addition to its skincare line-up. The sunscreen integrates ingredients like niacinamide, vitamin E, ursolic acid, antioxidants, and non-nano zinc oxide to provide barrier against UV radiation and environmental strains, suitable for different skin types and shades. The product, utilizing Malin+Goetz's MicroSperse technology for swift and effortless absorption, also offers water-resistant, broad-spectrum protection.
Who Are the Key Players in the Ursolic Acid Market?
Major companies operating in the ursolic acid market include:
• 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.
What are the Regional Insights into the Ursolic Acid Market?
North America was the largest region in the ursolic acid market share in 2024. Asia-Pacific was the second-largest market in ursolic acid market. The regions covered in the ursolic acid market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
