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Shikimic Acid (CAS 138-59-0) Market Trends, Developments, Opportunities, Manufacture Size and Future Forecasts To 2024

The Shikimic Acid (CAS 138-59-0) Market report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Additionally, the report also highlights market entry strategies for various companies across the globe along with pipeline and product analysis. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Shikimic Acid (CAS 138-59-0) market. It has also covered and analyzed the potential of Shikimic Acid (CAS 138-59-0) market and provides statistics and information on market size, shares and growth factors.

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About Shikimic Acid (CAS 138-59-0) Industry

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.

The worldwide market for Shikimic Acid (CAS 138-59-0) is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Shikimic Acid (CAS 138-59-0) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

The overviews, SWOT analysis and strategies of each vendor in the Shikimic Acid (CAS 138-59-0) market provide understanding about the market forces and how those can be exploited to create future opportunities.

Key Players in this Shikimic Acid (CAS 138-59-0) market are:–

  • Sanofi
    Layn Natural Ingredients
    Shaanxi Huike Botanical
    Xi’an Hao Tian
    Guangxi Wanshan Spice
    Wuhan Dahua Weiye

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Important application areas of Shikimic Acid (CAS 138-59-0) are also assessed on the basis of their performance. Market predictions along with the statistical nuances presented in the report render an insightful view of the Shikimic Acid (CAS 138-59-0) market. The market study on Global Shikimic Acid (CAS 138-59-0) Market 2018 report studies present as well as future aspects of the Shikimic Acid (CAS 138-59-0) Market primarily based upon factors on which the companies participate in the market growth, key trends and segmentation analysis.

Application of Shikimic Acid (CAS 138-59-0) Market are: 

  • Medicine and Veterinary drugs

Product Segment Analysis of the Shikimic Acid (CAS 138-59-0) Market is:

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

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Geographically this report covers all the major manufacturers from India, China, USA, UK, and Japan. The present, past and forecast overview of Shikimic Acid (CAS 138-59-0) market is represented in this report.

The report offers the market growth rate, size, and forecasts at the global level in addition as for the geographic areas: Latin America, Europe, Asia Pacific, North America, and Middle East & Africa. Also it analyses, roadways and provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading market players within the Shikimic Acid (CAS 138-59-0) market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users.

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  • Recent Events and Developments

In this study, the years considered to estimate the market size of Shikimic Acid (CAS 138-59-0) Market are as follows:-

  • History Year: 2013-2017
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Year 2019 to 2024

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No Of Pages in Shikimic Acid (CAS 138-59-0) Market Report: 121

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