"The Gallic Acid Market is estimated to be USD 88.3 million in 2024. Furthermore, the market is expected to grow to USD 143.9 million by 2031, with a Compound Annual Growth Rate (CAGR) of 7.23%.</em>"
Gallic Acid (3,4,5-trihydroxy benzoic acid) is a phenolic compound found in different fruits such as grapes, gallnuts, pomegranates, tea leaves & medicinal plants. Gallic acid possesses anti-carcinogenic, antimicrobial, and anti-mutagenic properties. Gallic acid is widely used in the food & beverage industry and in different industrial applications. For instance, gallic acid is used to prepare TMP and synthesize trimethoprim and other sulfonamides in the pharmaceutical industry. Also, GA and its derivatives enhance gut microbiome activities and modulate immune responses. Thus, gallic acid has great potential to facilitate natural defense against microbial infections and modulate the immune response. Gallic Acid use in cosmetics and fashion, especially to make dyes for leather and hair products, is an immense advantage as hair fashion is now within our society. The market for good leather products has always been there, and the demand increases with the increase in income. So, the market for Gallic acid for use in dyes and tanning could also see a positive shift.
Growing Demand in Pharmaceuticals:
Gallic acid has shown potential health benefits, including antioxidant, anti-inflammatory, and anticancer properties. This has led to increased research and development in pharmaceutical applications, such as in the formulation of drugs and supplements.
Rapid Urbanization & Changing Lifestyles:
The large population and their changing lifestyles and the increasing per capita food consumption in emerging economies are estimated to drive the demand for processed food during the coming years. Changing lifestyle, safety, and convenience are driving processed food growth. Innovation in food processing technology and an upsurge in demand for processed food are expected to drive the market during the forecast period.
Lack of Research on Gallic Acid & Availability of Other Alternatives:
The major restraint of gallic acid is the lack of human research behind its use. Gallic acid is best consumed through natural food sources, especially considering the market's lack of approved and well-studied supplements. Gallic acid itself is characterized by poor stability and low bioavailability. Therefore, although gallic acid has a beneficial effect in improving inflammation, the above disadvantages may limit its therapeutic applications. Nanotechnology could improve the bioavailability of gallic acid and adjust its physicochemical properties. Chlorogenic acid, catechin, and other bio-based products could be used as alternative gallic acid. The gallic acid derivatives like a high content of tannic acid in food are unsafe to consume, which could impede the trajectory of the gallic acid & derivatives market during the forecast period. Fluctuating prices of gallic acid could also possibly hamper the market's sales.
JIURIU BILOGY & CHEMISTRY CO., LTD.
CAYMAN CHEMICALS:
GALLOCHEM, CO., LTD.
TIANXIN MEDICAL & CHEMICAL INDUSTRY, CO., LTD.:
WENZHOU OUHAI FINE CHEMICALS, LTD.
Report Scope | Details |
Market Value- $ Million,2024 | 88.3 |
Market Growth (Value), (2024-2031)- % | 7.23 |
Leading Region | Xx |
Base Year | 2023 |
Forecast Period | 2024 to 2031 |
Segments Covered | By Raw Material, By Grade, By End Use |
Geography Covered | North America, Europe, Asia-Pacific, South and Central America, and Middle East & Africa |
Gallic Acid Market, By Raw Material
Gallic Acid Market, By Grade
Gallic Acid Market, By End Use
TABLE OF CONTENTS
1. TABLE OF CONTENTS
1.1. LIST of TABLES
1.2. LIST of FIGURES
2. GLOBAL GALLIC ACID MARKET REVIEW, 2023
2.1. Gallic Acid Market Industry Overview
2.2. Research Methodology
2.2.1. Market Scope and Definition
2.2.2. Study Assumptions
3. GALLIC ACID MARKET INSIGHTS
3.1. Key Raw Materials of Gallic Acid Market to 2031
3.2. Leading Grade of Gallic Acid Market to 2031
3.3. Dominant End Use of Gallic Acid Market to 2031
3.4. High Prospect Geography for Gallic Acid Market to 2031
3.5. Key Technologies in The Gallic Acid Market
3.6. Key Suppliers of Gallic Acid, By Region
4. GALLIC ACID MARKET, KEY DRIVERS, AND RESTRAINTS
4.1. Key Factors Driving the Gallic Acid Market Growth
4.1.1. Gallic Acid Growth in Food & Beverage Industries & Pharmaceutical Industries
4.1.2. Benefits of Gallic Acid
4.1.3. Rapid Urbanization & Changing Lifestyles
4.1.4. Recent Developments of Gallic Acid and Its Derivatives
4.2. Major Challenges to the Gallic Acid Market industry, 2024-2031
4.2.1. Lack of Research on Gallic Acid & Availability of Other Alternatives
4.2.2. Declining Leather Demand
4.3. Five Forces Analysis for Global Gallic Acid Market
5. GLOBAL GALLIC ACID MARKET DATA - INDUSTRY SIZE, SHARE, AND OUTLOOK
5.1. Gallic Acid Market Annual Sales Outlook, 2024-2031 ($Million)
5.2. Global Gallic Acid Market Annual Sales Outlook by Raw Material, 2024-2031 ($Million)
5.2.1. Oak Market Outlook, 2024- 2031
5.2.2. Sumac Market Outlook, 2024- 2031
5.2.3. Tara Market Outlook, 2024- 2031
5.2.4. Other Market Outlook, 2024- 2031
5.3. Global Gallic Acid Market Annual Sales Outlook by Grade, 2024-2031 ($Million)
5.3.1. Food Grade Market Outlook, 2024- 2031
5.3.2. Pharma Grade Market Outlook, 2024- 2031
5.3.3. Industrial Grade Market Outlook, 2024- 2031
5.3.4. Other Market Outlook, 2024- 2031
5.4. Global Gallic Acid Market Annual Sales Outlook by End Use, 2024-2031 ($Million)
5.4.1. Cosmetics and Personal Care, Market Outlook, 2024-2031
5.4.2. Pharmaceutical, Market Outlook, 2024-2031
5.4.3. Food and Feed Industry, Market Outlook, 2024-2031
5.4.4. Leather & Textile, Market Outlook, 2024-2031
5.4.5. Other End-user Industries, Market Outlook, 2024-2031
5.5. Global Gallic Acid Market Annual Sales Outlook by Geography, 2024-2031 ($Million)
6. ASIA PACIFIC GALLIC ACID MARKET INDUSTRY STATISTICS - MARKET SIZE, SHARE, COMPETITION AND OUTLOOK
6.1. Asia Pacific Market Insights, 2023
6.2. Asia Pacific Gallic Acid Market Revenue Forecast by Raw Material, 2024-2031 (USD Million)
6.3. Asia Pacific Gallic Acid Market Revenue Forecast by Grade, 2024-2031 (USD Million)
6.4. Asia Pacific Gallic Acid Market Revenue Forecast by End-Use, 2024-2031 (USD Million)
6.5. Asia Pacific Gallic Acid Market Revenue Forecast by Country, 2024-2031 (USD Million)
6.5.1. China
6.5.2. Japan
6.5.3. India
6.5.4. Rest of Asia Pacific
7. EUROPE OUTLOOK AND GROWTH OPPORTUNITIES
7.1. Europe Market Insights, 2023
7.2. Europe Gallic Acid Market Revenue Forecast by Raw Material, 2024-2031 (USD Million)
7.3. Europe Gallic Acid Market Revenue Forecast by Grade, 2024-2031 (USD Million)
7.4. Europe Gallic Acid Market Revenue Forecast by End Use, 2024-2031 (USD Million)
7.5. Europe Gallic Acid Market Revenue Forecast by Country, 2024-2031 (USD Million)
7.5.1. Germany
7.5.2. United Kingdom
7.5.3. France
7.5.4. Italy
7.5.5. Spain
7.5.6. Rest of Europe
8. NORTH AMERICA OUTLOOK AND GROWTH OPPORTUNITIES
8.1. North America Market Insights, 2023
8.2. North America Gallic Acid Market Revenue Forecast by Raw Material, 2024-2031 (USD Million)
8.3. North America Gallic Acid Market Revenue Forecast by Grade, 2024-2031 (USD Million)
8.4. North America Gallic Acid Market Revenue Forecast by End Use, 2024-2031 (USD Million)
8.5. North America Gallic Acid Market Revenue Forecast by Country, 2024-2031 (USD Million)
8.5.1. United States
8.5.2. Canada
8.5.3. Mexico
9. SOUTH AND CENTRAL AMERICA OUTLOOK AND GROWTH OPPORTUNITIES
9.1. South and Central America Market Insights, 2023
9.2. South and Central America Gallic Acid Market Revenue Forecast by Raw Material, 2024-2031 (USD Million)
9.3. South and Central America Gallic Acid Market Revenue Forecast by Grade, 2024-2031 (USD Million)
9.4. South and Central America Gallic Acid Market Revenue Forecast by End-Use, 2024-2031 (USD Million)
9.5. South and Central America Gallic Acid Market Revenue Forecast by Country, 2024-2031 (USD Million)
9.5.1. Brazil
9.5.2. Argentina
9.5.3. Rest of South and Central America
10. MIDDLE EAST AFRICA OUTLOOK AND GROWTH OPPORTUNITIES
10.1. Middle East Africa Market Insights, 2023
10.2. Middle East Africa Gallic Acid Market Revenue Forecast by Raw Material, 2024-2031 (USD Million)
10.3. Middle East Africa Gallic Acid Market Revenue Forecast by Grade, 2024-2031 (USD Million)
10.4. Middle East Africa Gallic Acid Market Revenue Forecast by End Use, 2024-2031 (USD Million)
10.5. Middle East Africa Gallic Acid Market Revenue Forecast by Country, 2024-2031 (USD Million)
10.5.1. Middle East
10.5.2. Africa
11. GALLIC ACID MARKET STRUCTURE AND COMPETITIVE LANDSCAPE
11.1. JIURIU BILOGY & CHEMISTRY CO., LTD.
11.2. CAYMAN CHEMICALS:
11.3. GALLOCHEM, CO., LTD.
11.4. TIANXIN MEDICAL & CHEMICAL INDUSTRY, CO., LTD.:
11.5. WENZHOU OUHAI FINE CHEMICALS, LTD.
12. APPENDIX
12.1. About Us
12.2. Sources
12.3. Research Methodology
12.4. Contact Information
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The Global Gallic Acid Market is estimated to generate USD 88.3 million in revenue in 2024.
The Global Gallic Acid Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.23% during the forecast period from 2025 to 2032.
The Gallic Acid Market is estimated to reach USD 154.3 million by 2032.
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