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Market Overview of Global Ellagic Acid in Healthcare or Supplements market:
According to our latest research, the global Ellagic Acid in Healthcare or Supplements market looks promising in the next 5 years. As of 2022, the global Ellagic Acid in Healthcare or Supplements market was estimated at USD XX million, and it's anticipated to reach USD XX million in 2028, with a CAGR of XX% during the forecast years.
Ellagic acid is a naturally occurring compound called a tannin, found in red raspberries, strawberries, pomegranates, and walnuts. In laboratory studies, ellagic acid showed antiviral, antibacterial and antioxidant and cancer-preventive properties. Medicinally, ellagic acid is used to prevent cancer and treat viral and bacterial infections.
The COVID-19 pandemic is expected to have a significant impact on Ellagic Acid product market. Under the epidemic situation, people pay more attention to health, and Ellagic Acid has many functions. Therefore, the attention of downstream Healthcare or Supplements Industry is further increased under the influence of the epidemic situation.
However, the pandemic brought about mobile restrictions and factory closures, which brought huge economic losses to the United States and Japan. Movement restriction and supply chain interruption lead to difficulties in transportation of raw materials, large-scale shutdown of factories, problems in product transportation and sales, and brands have to adjust their strategies.
But in the long run. The COVID-19 epidemic has enhanced people's health awareness, and people are more inclined to eat healthily, and enhance their immunity and prevention awareness. Therefore, it is expected that the Ellagic Acid market will flourish after the pandemic. In addition, due to the epidemic, Ellagic Acid market has been further developed in the field of e-commerce.
Natural extracts have little side effects
At present, with the development of medical technology, the development of plant extracts is also increasing. Some foods, medicines and cosmetics with plant extracts as the main raw materials are widely welcomed by consumers, because natural extracts from nature have few side effects. Ellagic acid is a natural extract, which has been used in many industries.
Enhancement of health awareness
Due to the fast-paced lifestyle and high-pressure living environment, more and more people have developed unhealthy living habits. Unhealthy lifestyle brings a series of diseases such as cold, vitamin deficiency, obesity and cancer. The increase in the number of patients leads to the improvement of people's health awareness. At the same time, the improvement of consumers' health awareness drives the increase of expenditure on Healthcare or Supplements, and their willingness to purchase OTC products at their own expense is increasing. With the improvement of national education level and the promotion of health propaganda by government and enterprises, consumers of all ages are aware of the importance of disease prevention and treatment, and pay more and more attention to disease treatment. This conceptual progress will promote the development of Ellagic Acid industry.
Limitations
Therapeutically, Ellagic Acid has been announced to be effective in the regression of various tumors, including but not limited to lung cancer, colorectal cancer, esophageal cancer, metastatic melanoma, hepatocellular carcinoma, tongue cancer, breast cancer, bladder cancer, endometrial cancer, and prostate cancer. Although the pharmacological action of Ellagic Acid has been widely considered and allowed to be used to treat various cancers, it still has poor water solubility and poor bioavailability, thus providing the least therapeutic benefit and limiting its comprehensive clinical application. Oral administration showed poor absorption, gastrointestinal metabolism, first-pass effect and rapid elimination. Obviously, this malabsorption will affect its antiproliferative activity in vivo to prevent carcinogenesis.
Company Overview:
Wufeng Chicheng Biotech is one of the major players operating in the Ellagic Acid in Healthcare or Supplements market, holding a share of 21.06% in 2021.
Wufeng Chicheng Biotech
Business Scope: Chinese Gall aphids cultivation and base construction; The purchase, manufacture, sales, import and export business of gallnuts series products; The manufacture, sales, import and export business of food grade tannic acid and gallic acid series, high purity ellagic acid products. Tannin made rust-converter agent etc.
Sciphar Natural Products
Business Scope: Natural plant extraction, functional food additive raw materials, solid beverage raw materials, sweeteners, nutritional supplements, enzymes (enzyme preparations), vegetable proteins and cosmetic raw materials.
Segmentation Overview:
By type, 90% Ellagic Acid segment accounted for the largest share of market in 2021.
Application Overview:
By application, the Over The Counter Supplements segment occupied the biggest share from 2017 to 2022.
Ellagic acid is used for cancer, dark skin patches on the face (melasma), memory and thinking skills (cognitive function), and many other conditions, but there is no good scientific evidence to support these uses.
At present, Ellagic acid has been widely used as medical grade/pharmaceutical supplements and Over The Counter Supplements in healthcare or supplements industry.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Ellagic Acid in Healthcare or Supplements market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Ellagic Acid in Healthcare or Supplements Market Report:
Market Size Estimates: Ellagic Acid in Healthcare or Supplements market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Ellagic Acid in Healthcare or Supplements market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Ellagic Acid in Healthcare or Supplements market
Segment Market Analysis: Ellagic Acid in Healthcare or Supplements market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Ellagic Acid in Healthcare or Supplements market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Ellagic Acid in Healthcare or Supplements Market: Revenue and sales volume of major countries in each region
Ellagic Acid in Healthcare or Supplements Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Ellagic Acid in Healthcare or Supplements market in major regions.
Ellagic Acid in Healthcare or Supplements Industry Value Chain: Ellagic Acid in Healthcare or Supplements market raw materials & suppliers, manufacturing process, distributors, downstream customers
Ellagic Acid in Healthcare or Supplements Industry News, Policies & Regulations
Key players in the global Ellagic Acid in Healthcare or Supplements market are covered in Chapter 12:
Nektium Pharma
Kangcare Bioindustry
Naturex
Staherb
Sabinsa Corporation
Sciphar Natural Products
Shanghai Kanwinn Pharmchem
Huachang Biotech
Wufeng Chicheng Biotech
In Chapter 2 and Chapter 15.1, based on types, the Ellagic Acid in Healthcare or Supplements market from 2018 to 2028 is primarily split into:
40% Ellagic Acid
90% Ellagic Acid
Over 90% Ellagic Acid
In Chapter 3 and Chapter 15.2, based on applications, the Ellagic Acid in Healthcare or Supplements market from 2018 to 2028 covers:
Medical Grade/Pharmaceutical Supplements
Over The Counter Supplements
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Ellagic Acid in Healthcare or Supplements market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028