The global ursolic acid market size was valued at USD 329.4 million in 2023 and is expected to be worth USD 334.0 million in 2024. The market is projected to reach USD 424.5 million by 2029, recording a CAGR of 4.9% during the forecast period.
Ursolic acid, a naturally occurring crystalline triterpenoid, emerges from sources such as plant stem bark, leaves, and fruit peels. Found in familiar plants such as apples, thyme, oregano, hawthorn, rosemary, and bearberry, this compound offers remarkable health-supporting characteristics. The acid’s multifaceted therapeutic properties and versatile applications across cosmetics and healthcare are propelling its market expansion.
Fortune Business Insights™ displays this information in a report titled, “Ursolic Acid Market, 2024-2029."
Get a Free Sample PDF: https://www.fortunebusinessinsights.com/enquiry/sample/ursolic-acid-market-111772
LIST OF KEY COMPANIES PROFILED IN THE REPORT:
Segmentations:
98% Ursolic Acid Segment to Lead Market Driven by its Targeted Therapeutic Benefits and High-Purity Characteristics
In terms of type, the market is divided into 25% ursolic acid, 50% ursolic acid, 90% ursolic acid, 98% ursolic acid, and others. The 98% ursolic acid segment is poised to lead the market in the coming years, driven by its targeted therapeutic benefits and high-purity characteristics. Its increasing usage in pharmaceutical applications is further fueling the segment demand.
Ursolic acid is a natural, crystalline triterpenoid compound that is usually found in the stem bark, leaves, or fruit peel of plants such as apples, thyme, oregano, hawthorn, rosemary, and bearberry. The acid offers several characteristics, such as anti-inflammatory, antioxidant, antiaging, antiviral, and antimicrobial. Such benefits make it ideal for several applications, such as cosmetics, healthcare, and dietary supplements in the form of capsules, tablets, and powder blends.
Strong Consumer Demand for Natural Ingredients to Drive Cosmetic Industry Segment Growth