Japan Shikimic Acid (CAS 138-59-0) Market Business Risks and Competitive Threats

Overview Of Shikimic Acid (CAS 138-59-0) Industry 2021-2025:

This has brought along several changes in This report also covers the impact of COVID-19 on the global market.

The Shikimic Acid (CAS 138-59-0) Market Report a detailed study of different aspects of the Global Market. Shikimic acid, 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 is mainly used as pharmaceutical intermediates, with a certain irritation.
In the last several years, global market of shikimic acid change is intense, especially the price, with an average growth rate of 3.65 %. In 2015, global revenue of shikimic acid is nearly 72 million $; the actual production is about 590 MT.

the global average price of shikimic acid is in the decreasing trend in the last three years, from 127 $/kg in 2011 to 121 $/kg in 2014. Prices rose sharply due to the decline in Chinese illicium verum production.

The use of shikimic acid in the downstream application is aimple, most used in anti-influenza drugs, resulting in shikimic acid manufacturers bargaining power is weak, limiting the manufacturers of large-scale production

china is the largest supplier of shikimic acid, with a production market share nearly 67% in 2015. Europe is the second largest supplier of shikimic acid, enjoying production market share nearly 28% in 2015.

Europe is the largest consumption place, The world's largest consumer is Roche Pharma, with a consumption market share nearly 61.7% in 2015. following Europe, China is the second largest consumption place with the consumption market share of 15.7%. China is the world's largest exporting country. But with the Roche drug Tamiflu's patent expires, a large number of generic drugs will enter the market, shikimic acid demand will increase significantly.

market competition is not intense. Sanofi and Layn Natural Ingredients, are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.

It shows the steady growth in market in spite of the fluctuations and changing market trends. The report is based on certain important parameters.

The Top key vendors in Shikimic Acid (CAS 138-59-0) Market include are:- Sanofi, Layn Natural Ingredients, JIAHERB, Shaanxi Huike Botanical, Xi'an Hao Tian, Guangxi Wanshan Spice, JF NATURAL, Wuhan Dahua Weiye

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This research report categorizes the global Shikimic Acid (CAS 138-59-0) market by top players/brands, region, type and end user. This report also studies the global Shikimic Acid (CAS 138-59-0) market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

Major Product Types covered are:

Shikimic Acid (98%)
Shikimic Acid (99%)

Major Applications of Shikimic Acid (CAS 138-59-0) covered are:

Medicine and Veterinary drugs
Cosmetic

Region wise performance of the Shikimic Acid (CAS 138-59-0) industry

This report studies the global Shikimic Acid (CAS 138-59-0) market status and forecast, categorizes the global Cable Conduits market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

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The study objectives of this report are:

• Focuses on the key global Shikimic Acid (CAS 138-59-0) companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
• To project the value and sales volume of Shikimic Acid (CAS 138-59-0) submarkets, with respect to key regions.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To study and analyze the global Shikimic Acid (CAS 138-59-0) market size (value & volume) by company, key regions, products and end user, breakdown data from Last Five Years, and forecast to 2025.
• To understand the structure of Shikimic Acid (CAS 138-59-0) market by identifying its various sub segments.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Scope of the Report:-

The report scope combines a detailed research of Global Shikimic Acid (CAS 138-59-0) Market 2021 with the apprehension given in the advancement of the industry in certain regions.

The Top Companies Report is designed to contribute our buyers with a snapshot of the industry’s most influential players. Besides, information on the performance of different companies, profit, gross margin, strategic initiative and more are presented through various resources such as tables, charts, and info graphic.

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