Global sumac acid market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The global sumac acid market is driven by the increasing demand for antioxidants in food and beverages industry, which in turn is driving the demand for sumac acid as an antioxidant. The increasing awareness about health benefits of natural products such as sumac acid also drives the growth of this market.
The global sumac acid market can be segmented on the basis of type, application and region. On the basis of type, it can be segmented into industrial grade, pharmaceutical grade and food grade. On the basis of application it can be segmented into antioxidants, biological activity and medical applications. On the basis of region it can be segmented into North America (US, Canada), Latin America (Mexico), Europe (Germany), Asia Pacific (China) and Middle East & Africa (Saudi Arabia).
Some Of The Growth Factors Of This Market:
- The global Sumac Acid market is driven by factors such as increasing demand for natural and organic products, growing population, and rising disposable income in developing countries such as China and India.
- Increasing demand for natural and organic products is one of the major drivers of the global Sumac Acid market growth due to its health benefits over synthetic chemicals used in food production processes which are harmful to human health.
- Growing population is another factor driving the global Sumac Acid market growth due to increased consumption of food items containing this acid as an ingredient in various dishes across different regions globally including Asia Pacific, North America, Europe, Latin America & Caribbean, Middle East & Africa (MEA), and Central & Eastern Europe (CEE) 5) Rising disposable income in developing countries such as China and India has also been a key driver for the global Sumac Acid market growth due to increased consumption of processed foods containing this acid as an ingredient across these regions globally.
Industry Growth Insights published a new data on “Sumac Acid Market”. The research report is titled “Sumac Acid Market research by Types (Industrial Grade, Pharmaceutical Grade, Food Grade), By Applications (Antioxidants, Biological Activity, Medical applications, Other), By Players/Companies Jiurui Biology, Bei Yuan Chemical, Hunan Linong, Tianxin Biotech, GALLOCHEM, Xiangxi Gaoyuan, Chicheng Biotech, JPN Pharma, Hunan Shineway, WENZHOU OUHAI”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sumac Acid Market Research Report
By Type
Industrial Grade, Pharmaceutical Grade, Food Grade
By Application
Antioxidants, Biological Activity, Medical applications, Other
By Companies
Jiurui Biology, Bei Yuan Chemical, Hunan Linong, Tianxin Biotech, GALLOCHEM, Xiangxi Gaoyuan, Chicheng Biotech, JPN Pharma, Hunan Shineway, WENZHOU OUHAI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Sumac Acid Market Report Segments:
The global Sumac Acid market is segmented on the basis of:
Types
Industrial Grade, Pharmaceutical Grade, Food Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Antioxidants, Biological Activity, Medical applications, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Jiurui Biology
- Bei Yuan Chemical
- Hunan Linong
- Tianxin Biotech
- GALLOCHEM
- Xiangxi Gaoyuan
- Chicheng Biotech
- JPN Pharma
- Hunan Shineway
- WENZHOU OUHAI
Highlights of The Sumac Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Grade
- Pharmaceutical Grade
- Food Grade
- By Application:
- Antioxidants
- Biological Activity
- Medical applications
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sumac Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sumac acid is a natural chemical compound found in the sumac plant. Sumac acid is used as a food additive and preservative.
Some of the major players in the sumac acid market are Jiurui Biology, Bei Yuan Chemical, Hunan Linong, Tianxin Biotech, GALLOCHEM, Xiangxi Gaoyuan, Chicheng Biotech, JPN Pharma, Hunan Shineway, WENZHOU OUHAI.
The sumac acid market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sumac Acid Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sumac Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sumac Acid Market - Supply Chain
4.5. Global Sumac Acid Market Forecast
4.5.1. Sumac Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sumac Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sumac Acid Market Absolute $ Opportunity
5. Global Sumac Acid Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Sumac Acid Market Size and Volume Forecast by Type
5.3.1. Industrial Grade
5.3.2. Pharmaceutical Grade
5.3.3. Food Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sumac Acid Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Sumac Acid Market Size and Volume Forecast by Application
6.3.1. Antioxidants
6.3.2. Biological Activity
6.3.3. Medical applications
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sumac Acid Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Sumac Acid Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Sumac Acid Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Sumac Acid Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Sumac Acid Demand Share Forecast, 2019-2029
9. North America Sumac Acid Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Sumac Acid Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Sumac Acid Market Size and Volume Forecast by Application
9.4.1. Antioxidants
9.4.2. Biological Activity
9.4.3. Medical applications
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sumac Acid Market Size and Volume Forecast by Type
9.7.1. Industrial Grade
9.7.2. Pharmaceutical Grade
9.7.3. Food Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Sumac Acid Demand Share Forecast, 2019-2029
10. Latin America Sumac Acid Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Sumac Acid Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Sumac Acid Market Size and Volume Forecast by Application
10.4.1. Antioxidants
10.4.2. Biological Activity
10.4.3. Medical applications
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sumac Acid Market Size and Volume Forecast by Type
10.7.1. Industrial Grade
10.7.2. Pharmaceutical Grade
10.7.3. Food Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Sumac Acid Demand Share Forecast, 2019-2029
11. Europe Sumac Acid Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Sumac Acid Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Sumac Acid Market Size and Volume Forecast by Application
11.4.1. Antioxidants
11.4.2. Biological Activity
11.4.3. Medical applications
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sumac Acid Market Size and Volume Forecast by Type
11.7.1. Industrial Grade
11.7.2. Pharmaceutical Grade
11.7.3. Food Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market AttractivenessGrowth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Sumac Acid Demand Share, 2019-2029
12. Asia Pacific Sumac Acid Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Sumac Acid Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Sumac Acid Market Size and Volume Forecast by Application
12.4.1. Antioxidants
12.4.2. Biological Activity
12.4.3. Medical applications
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sumac Acid Market Size and Volume Forecast by Type
12.7.1. Industrial Grade
12.7.2. Pharmaceutical Grade
12.7.3. Food Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Sumac Acid Demand Share, 2019-2029
13. Middle East & Africa Sumac Acid Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Sumac Acid Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Sumac Acid Market Size and Volume Forecast by Application
13.4.1. Antioxidants
13.4.2. Biological Activity
13.4.3. Medical applications
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sumac Acid Market Size and Volume Forecast by Type
13.7.1. Industrial Grade
13.7.2. Pharmaceutical Grade
13.7.3. Food Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Sumac Acid Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Sumac Acid Market: Market Share Analysis
14.2. Sumac Acid Distributors and Customers
14.3. Sumac Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Jiurui Biology
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bei Yuan Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hunan Linong
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tianxin Biotech
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GALLOCHEM
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Xiangxi Gaoyuan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Chicheng Biotech
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. JPN Pharma
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hunan Shineway
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. WENZHOU OUHAI
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
