Shikimic Acid (CAS 138-59-0), is a cyclohexene, a cyclitol and a cyclohexanecarboxylic acid. It is an important biochemical metabolite in plants and microorganisms. It is a white fine powder, soluble in water, insoluble in chloroform, benzene and petroleum ether. Shikimic Acid (CAS 138-59-0) is mainly used as pharmaceutical intermediates, with a certain irritation.
LPI (LP Information)' newest research report, the “Shikimic Acid Industry Forecast” looks at past sales and reviews total world Shikimic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Shikimic Acid sales for 2023 through 2029. With Shikimic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shikimic Acid industry.
This Insight Report provides a comprehensive analysis of the global Shikimic Acid lands cape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shikimic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Shikimic Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shikimic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Grade Phosphoric Acid.
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The global Shikimic Acid market size is projected to grow from US$ 36 million in 2022 to US$ 50 million in 2029; it is expected to grow at a CAGR of 50 from 2023 to 2029.
Global Shikimic Acid (CAS 138-59-0) key players include Layn, Sanofi, JIAHERB, Shanghai Pharmaceuticals, Sichuan Xieli Pharmaceutical, etc. Global top five manufacturers hold a share over 70%.
China is the largest market, with a share over 80%, followed by Europe, with a share about 20 percent.
In terms of product, Shikimic Acid (98%) is the largest segment, with a share over 85%. And in terms of application, the largest application is Medicine and Veterinary Drugs, followed by Cosmetic and Personal Care, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Shikimic Acid market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Shikimic Acid Includes:
Sanofi
JIAHERB
Guangxi Wanshan Spice
Wuhan Dahua Weiye
Sichuan Xieli Pharmaceutical
Layn
Shanghai Pharmaceuticals
Dongyangguang
Shaanxi Hongda
Market Segment by Type, covers:
Shikimic Acid (98%)
Shikimic Acid (99%)
Market Segment by Applications, can be divided into:
Medicine and Veterinary Drugs
Cosmetic and Personal Care
Others
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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