Ursolic Acid Global Market Report 2024

The ursolic acid market encompasses the sales of ursolic acid and related products by entities such as organizations, sole traders, and partnerships. Ursolic acid belongs to the triterpene family of chemicals, present in both plants and mammals. It is a naturally occurring molecule found in various plants like rosemary and apples, and it is believed to possess anti-oxidant, anti-inflammatory, and cancer-fighting properties.

The primary types of ursolic acid include 25% ursolic acid, 50% ursolic acid, 90% ursolic acid, 98% ursolic acid, and others. The 25% ursolic acid is extracted from different sources and standardized to 25% for enhanced formulation reliability and consistency. Ursolic acid is available in various forms such as powdered form, capsules, and liquid form, and it finds applications in industries like pharmaceuticals, food and beverages, cosmetics, nutraceuticals, and others.

The ursolic acid market research report is one of a series of new reports that provides ursolic acid market statistics, including ursolic acid industry global market size, regional shares, competitors with a ursolic acid market share, detailed ursolic acid market segments, market trends and opportunities, and any further data you may need to thrive in the ursolic acid industry. This ursolic acid market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The ursula acid market size has grown strongly in recent years. It will grow from $0.01 billion in 2023 to $0.01 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The expansion observed in the historical period can be attributed to factors such as the use of ursolic acid in traditional herbal medicine, ongoing pharmaceutical research, an increase in health awareness, its applications in cosmetics and skincare, and research focused on its anti-inflammatory effects.

The ursula acid market size is expected to see strong growth in the next few years. It will grow to ' $0.01 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%.
The anticipated growth in the forecast period can be attributed to the rising prevalence of lifestyle diseases, the growth of the nutraceutical market, an increased demand for herbal supplements, ongoing cancer research and therapies, and a focus on sustainable sourcing. Key trends expected in the forecast period encompass the use of ursolic acid in natural and herbal anti-inflammatory applications, its increasing incorporation in cosmetics and skincare products, the development of anti-obesity supplements, and an emphasis on sustainable sourcing practices.

The anticipated rise in cardiovascular diseases is poised to propel the growth of the ursolic acid market in the foreseeable future. Ursolic acid exhibits potential in reducing heart rate, suppressing the expression of reproducing cell nuclear antigen in injured artery cells, and lowering lipid peroxide levels by scavenging free radicals. As reported by the Centers for Disease Control and Prevention in October 2022, heart disease stands as the leading cause of death in the United States across genders, ethnicities, and racial groups, claiming approximately 695,000 lives in 2021, equivalent to about 1 in 5 deaths. Consequently, the increasing prevalence of cardiovascular diseases serves as a catalyst for the expansion of the ursolic acid market.

The rapid surge in the utilization of ursolic acid in various cosmetic products, driven by the heightened growth and demand for herbal products, is expected to contribute significantly to market growth. In the cosmetic industry, ursolic acid serves as an essential component, offering anti-aging, anti-inflammatory, anti-wrinkle, and antioxidant properties. In 2021, South Korea witnessed a remarkable milestone in the cosmetic industry, with cosmetic exports surpassing 10 trillion won ($8 billion) for the first time, experiencing a growth rate of 21.3% compared to the previous year, as per Korea Customs Service statistics. Skincare cosmetics, accounting for 34.17% of total imports, played a pivotal role in this growth, followed by perfumes, scents, and haircare products. This underscores the increasing integration of ursolic acid in cosmetic formulations, thereby fostering the growth of the ursolic acid market.

Major companies in the ursolic acid market are strategically focusing on the introduction of broad-spectrum mineral sunscreens to gain a competitive advantage. Broad-spectrum mineral sunscreens, containing active ingredients like zinc oxide or titanium dioxide, provide comprehensive protection against a wide range of ultraviolet (UV) radiation, effectively preventing sunburn. In August 2022, skincare company MALIN + GOETZ Inc. launched SPF 30 Mineral Sunscreen, featuring niacinamide, vitamin E, ursolic acid, antioxidants, and non-nano zinc oxide. This sunscreen, adopting MicroSperse technology for rapid absorption, offers water-resistant, broad-spectrum defense against UV rays and environmental stressors, suitable for all skin types and tones.

Major companies in the ursolic acid market are adopting a strategic partnership approach. Strategic partnerships involve leveraging the strengths and resources of each partner for mutual benefits and success. In December 2022, CJ FNT, a South Korea-based biotechnology company, collaborated with Emmyon to harness ursolic acid technology targeting the global nutrition market. This collaboration entails CJ FNT developing nutritional raw materials to prevent muscle loss, offering manufacturing insights and raw material application technologies to functional food manufacturers. Emmyon, a US-based biotechnology startup specializing in skeletal muscle biology and small molecule discovery, brings its expertise to the partnership.

In December 2022, CJ CheilJedang Corporation, a South Korea-based food company, entered into a partnership with Emmyon Inc. to develop ingredients for health supplements that combat muscle loss. This partnership involves a license agreement granting CJ CheilJedang access to Emmyon's patents covering ursolic acid from apple peels and herbs like rosemary and thyme. Emmyon Inc., a US-based biotechnology company, focuses on the discovery and development of small molecules that enhance muscle mass, strength, and metabolism.

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.

North America was the largest region in the ursolic acid market share in 2023. Asia-Pacific was the second-largest market in ursolic acid market. The regions covered in the global ursolic acid market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the ursolic acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The ursolic acid market consists of sales of ursolic acid from various sources such as oreganp and holy basil. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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