Betulinic Acid Market Scope
Betulinic acid is a pentacyclic triterpene present in the bark of the birch tree and other vegetal sources. Betulinic acid market is expected to grow in the future due to high usage in the pharmaceutical industry to treat cancer patients also rising demand in the cosmetic industry. Rising research and development activities and launching new products from key players will boost the betulinic acid market in the forecasted period.
The market study is being classified by Type (>99%, >98% and Others), by Application (Actinic Keratosis, Antiphlogistic Activity, Cancer, HIV and Others) and major geographies with country level break-up.
Research Analyst at AMA predicts that China Vendors will contribute to the maximum growth of Global Betulinic Acid market throughout the predicted period.
Aphios Corporation (United States), MANUS AKTTEVA (India), Foodchem® International Corporation (China), Hangzhou DayangChem Co., Ltd (China), Wilshire Technologies (United States), Simagchem Corporation (China), Capot Chemical Co., Ltd. (China), Xian Taicheng Chem Co., Ltd (China) and Hangzhou Meite Industry Co., Limited (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Parchem fine & specialty chemicals (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Betulinic Acid market by Type, Application and Region.
On the basis of geography, the market of Betulinic Acid has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Usage of Betulinic acid on Cytokine Production in Human Blood Cell Culture
Market Drivers
- Increasing Number of Diseases among the Population such as cancer, HIV, and Others
- Growth in the Demand for Betulinic Acid in the Cosmetic Industry
Opportunities
- Rising Research and Development Activities in the Pharmaceutical Industry
- Upsurging Demand in Developing Countries due to the Increasing Number of Cancer Patients
Restraints
- Stringent Government Regulation regarding Chemical products
Challenges
- Poor Solubility of Betulinic Acid in Water Serum
Key Target Audience
Betulinic Acid Manufactures, Betulinic Acid Suppliers/Distributors, Potential Investors and Research and Development Organization
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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