Global Cholic Acid Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Method;

Folding Ethanol Crystallization Method, Folding Ethyl Acetate Separation Method, Folding Animal Extraction Method, and Other.

By Application;

Organic Acid, Medicine, and Emulsifier.

By End User;

Hospitals, Clinics, Drug store, and Ambulatory surgical centers.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn869489465 Published Date: June, 2024 Updated Date: July, 2024

Introduction

Global Cholic Acid Market (USD Million), 2020 - 2030

In the year 2023, the Global Cholic Acid Market was valued at USD 79,375.76 million. The size of this market is expected to increase to USD 135,156.83 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.9%.

Cholic acid, a bile acid produced naturally in the human body and extracted from animal sources, serves as a critical component in the synthesis of various pharmaceutical products, particularly in the production of bile salts used in medications for liver and digestive disorders. Beyond pharmaceuticals, cholic acid finds extensive use in industrial applications such as the manufacturing of detergents, cosmetics, and dietary supplements, further expanding its market demand. Cholic acid's pharmaceutical applications dominate the market, owing to its effectiveness in enhancing drug delivery and absorption, especially in formulations targeting liver diseases and gastrointestinal disorders.

The increasing prevalence of liver-related ailments globally has spurred the demand for cholic acid-based pharmaceuticals, driving market growth. Advancements in extraction technologies and the expanding pharmaceutical industry in emerging economies are anticipated to fuel the market further in the coming years. Stringent regulatory frameworks and ethical concerns surrounding animal-derived cholic acid have prompted research into synthetic alternatives, presenting opportunities for innovation and market expansion in the pharmaceutical sector.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Method
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Cholic Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Use in food and cosmetics industries is expanding
        2. Growing global adoption in various sectors
        3. Expanded applications in healthcare and medicine
        4. Advances in cholic acid research and development
      2. Restraints
        1. Strict requirements for pharmaceutical-grade cholic acid
        2. Limited availability of raw materials
        3. Safety concerns and potential side effects
      3. Opportunities
        1. Demand for natural ingredients in healthcare
        2. Expansion of online retail for cholic acid products
        3. Integration into functional foods and beverages
        4. Advances in sustainable production technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Cholic Acid Market, By Method, 2020 - 2030 (USD Million)
      1. Folding Ethanol Crystallization Method
      2. Folding Ethyl Acetate Separation Method
      3. Folding Animal Extraction Method
      4. Other Methods
    2. Global Cholic Acid Market, By Application, 2020 - 2030 (USD Million)
      1. Organic Acid
      2. Medicine
      3. Emulsifier
    3. Global Cholic Acid Market, By End User, 2020 - 2030 (USD Million)
      1. Hospitals
      2. Clinics
      3. Drug Stores
      4. Ambulatory Surgical Centers
    4. Global Cholic Acid Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Daewoong Bio, Inc.
      2. Dipharma Francis SRL
      3. Erregierre SpA
      4. Fujimoto Chemicals
      5. Industria Chimica Emiliana SRL
  7. Analyst Views
  8. Future Outlook of the Market