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

Shikimic Acid (CAS 138-59-0), 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 (CAS 138-59-0) is mainly used as pharmaceutical intermediates, with a certain irritation.
According to our (Global Info Research) latest study, the global Shikimic Acid market size was valued at USD 38 million in 2022 and is forecast to a readjusted size of USD 51 million by 2029 with a CAGR of 4.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Shikimic Acid (CAS 138-59-0) key players include Layn, Sanofi, JIAHERB, Shanghai Pharmaceuticals, Sichuan Xieli Pharmaceutical, etc. Global top five manufacturers hold a share over 70%.
China is the largest market, with a share over 80%, followed by Europe, with a share about 20 percent. 
In terms of product, Shikimic Acid (98%) is the largest segment, with a share over 85%. And in terms of application, the largest application is Medicine and Veterinary Drugs, followed by Cosmetic and Personal Care, etc.
This report is a detailed and comprehensive analysis for global Shikimic 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 Shikimic Acid market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2018-2029
Global Shikimic Acid market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2018-2029
Global Shikimic Acid market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2018-2029
Global Shikimic Acid market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/Kg), 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 Shikimic 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 Shikimic 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 Sanofi, JIAHERB, Guangxi Wanshan Spice, Wuhan Dahua Weiye and Sichuan Xieli Pharmaceutical, 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
Shikimic 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
    Shikimic Acid (98%)
    Shikimic Acid (99%)
Market segment by Application
    Medicine and Veterinary Drugs
    Cosmetic and Personal Care
    Others
Major players covered
    Sanofi
    JIAHERB
    Guangxi Wanshan Spice
    Wuhan Dahua Weiye
    Sichuan Xieli Pharmaceutical
    Layn
    Shanghai Pharmaceuticals
    Dongyangguang
    Shaanxi Hongda
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 Shikimic Acid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Shikimic Acid, with price, sales, revenue and global market share of Shikimic Acid from 2018 to 2023.
Chapter 3, the Shikimic Acid competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Shikimic 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 Shikimic 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 Shikimic Acid.
Chapter 14 and 15, to describe Shikimic Acid sales channel, distributors, customers, research findings and conclusion.