Global Kojic Acid Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Kojic acid with the chemical name 5-hydroxy-2-hydroxymethyl-4-pyrone is produced by several species of fungi, especially Aspergillus oryzae, which has the Japanese common name koji. It is a by-product in the fermentation process of malting rice, for use in the manufacturing of sake, the Japanese rice wine. 13C-Labeling studies have revealed at least two pathways to kojic acid. In the usual route, dehydratase enzymes convert glucose to kojic acid. Pentoses are also viable precursors in which case dihydroxyacetone is invoked as an intermediate.
Kojic acid is a mild inhibitor of the formation of pigment in plant and animal tissues, and is used in food and cosmetics to preserve or change colors of substances.
According to our (Global Info Research) latest study, the global Kojic Acid market size was valued at USD 37 million in 2022 and is forecast to a readjusted size of USD 40 million by 2029 with a CAGR of 1.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Sansho Seiyaku, Xi'an Hao-xuan Bio-tech Co, Hubei Artec Biotechnology Co, Syder, Sichuan Huamai Technology, Chengdu Jinkai, Hubei Xiangxi Chemical, Triveni Interchem, Hubei Hongjing and Hubei Xinxinjiali Bio-tech are the key manufacturters of Kojic Acid, with about 60% market shares.
This report is a detailed and comprehensive analysis for global Kojic Acid market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Kojic Acid market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Kojic Acid market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Kojic Acid market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Kojic Acid market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Kojic Acid
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Kojic Acid market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sansho Seiyaku, Xiﾒan Hao-xuan Bio-tech Co, Hubei Artec Biotechnology Co, Syder and Sichuan Huamai Technology, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Kojic Acid market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Normal
    Ultra-High Pure
Market segment by Application
    Cosmetics
    Food Additive
    Medicine Material
    Others
Major players covered
    Sansho Seiyaku
    Xiﾒan Hao-xuan Bio-tech Co
    Hubei Artec Biotechnology Co
    Syder
    Sichuan Huamai Technology
    Chengdu Jinkai
    Hubei Xiangxi Chemical
    Triveni Interchem
    Hubei Hongjing
    Hubei Xinxinjiali Bio-tech
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Kojic Acid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Kojic Acid, with price, sales, revenue and global market share of Kojic Acid from 2018 to 2023.
Chapter 3, the Kojic Acid competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Kojic Acid breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Kojic Acid market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Kojic Acid.
Chapter 14 and 15, to describe Kojic Acid sales channel, distributors, customers, research findings and conclusion.