Global Ursodeoxycholic Acid market will reach 1180 million US$ by the end of 2025
Published Date: 2019/1/15
Ursodeoxycholic Acid is also known as ursodiol (USAN). Ursodeoxycholic acid (3α, 7β-2-hydroxy-5β-bile acid, UDCA) was first found in the bile of a black bear.
Ursodeoxycholic Acid is an important clinical drug in the treatment of gallstones, cholecystitis, PBC, and PSC and has broad market prospects. In previous work, ursodeoxycholic acid was prepared by traditional organic synthesis.
Ursodeoxycholic Acid used to treat liver disease. Ursodeoxycholic Acid has positive effects on treatment of liver disease. The classification of Ursodeoxycholic Acid includes Synthetic Ursodeoxycholic Acid and Extraction Ursodeoxycholic Acid. The proportion of Synthetic Ursodeoxycholic Acid in 2017 is about 73.4%, and the proportion of Extraction Ursodeoxycholic Acid in 2017 is about 26.57%.
Ursodeoxycholic Acid is application in Pharmacy and Health Products. The most of Ursodeoxycholic Acid is used in Health Products, and the market share in 2017 is about 69.2%.
Asia-Pacific is the largest consumption place, with a consumption market share nearly 47% in 2017. Following Asia-Pacific, Europe is the second largest consumption place with the consumption market share of 26.6% in 2017.
In China, about major production is for export. Asia is the main consumption regions. Japan and South Korea are the major consumer countries.
In the Asian region due to the traditional reasons ursodeoxycholic acid is mainly used as healthcare industry.
Europe is the main supplier of Ursodeoxycholic Acid, with production revenue market share over 41%, while the sales market share is 26.4% in 2017. That is to say, there are a number of exports in Europe. Asia is also the main supplier of Ursodeoxycholic Acid, with production revenue market share over 42%, while the sales market share is 47% in 2017.
Market competition is intense. With the development of society and the changing of consumer demand, the Ursodeoxycholic Acid industry will be more and more popular in the future.
The global Ursodeoxycholic Acid market is valued at 530 million US$ in 2017 and will reach 1180 million US$ by the end of 2025, growing at a CAGR of 10.5% during 2018-2025.
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