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The global ursolic acid market is forecast to be valued at US$ 8.2 Mn in 2020. The ursolic acid market is projected to expand at a CAGR of 7.5%, with an incremental value of 1.4 Mn by 2030.
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Ursolic Acid Market Statistics, Latest Trends with Covid-19 Pandemic Analysis and Future Growth Analysis By Top Key Players 2020 – 2030 Ursolic Acid Market: Introduction The global ursolic acid market is forecast to be valued at US$ 8.2 Mn in 2020. The ursolic acid market is projected to expand at a CAGR of 7.5%, with an incremental value of 1.4 Mn by 2030. Due to ongoing innovations and customer trends, research and development in food and beverage ingredients is experiencing significant expansion. As a result, product developers have turned to new devices in digital technology, Big Data, artificial intelligence, and bioinformatics to stay in sync with food and beverage companies that need creative, unique ideas that can help to market their products quickly. Food and beverage companies are also focusing on research and development activities to enhance the nutritional and multifunctional profile of food items to offer high health benefits. Hence, the ever-rising demand for natural ingredients is expected to result in significantly high sales of fish protein-based products during the forecast period. In the meantime, the U.S. purchasers are demanding natural and healthy ingredients in food and beverages. Request a sample to get extensive insights into the Ursolic Acid Market Growing Inclination toward Non-modified Functional Ingredients
The increase in health-conscious population has significantly fueled the demand for non-GMO food ingredients. In the global food & beverages industry, the trend indicates need for manufacturers offering non-GMO certified products to their customers. Parents are becoming more concerned about the ingredients used in baby products, creating a demand for non-GMO food ingredients, thus resulting in preference for non-modified functional ingredients. This is impacting market growth. Phytochemical inhibitors such as ursolic acid, oleanolic acid, and carvacrol are being used in integrated molecular modeling approaches to combat the novel coronavirus (COVID-19) in individuals. Since ursolic acid possesses antiviral, antimicrobial, and antioxidant properties, pharmaceutical companies are using this therapeutic agent to control the viral replication of coronavirus in patients. Ursolic acid falls under the list of FDA (Food & Drug Administration)-approved antiviral compounds that can be used in supplements and capsules to inhibit the viral replication of COVID-19 in patients. However, there is still a scarcity of reports that validate the phytochemical function of ursolic acid, which is derived from antiviral herbs. This is expected to impact the expansion of the ursolic acid market. Pharmaceutical companies in the ursolic acid market are increasing their research in molecular modeling approaches to target drug designs that can effectively treat COVID-19. Explore Transparency Market Research’S Award-Winning Coverage of the Global Industry @ https://www.prnewswire.com/news-releases/dietary-supplement-providers-harness-omeg a-3-ingredients-market-to-expand-portfolio-global-market-to-garner-cagr-of-11-from-2019- to-2027-transparency-market-research-301002842.html Stearate-free Ursolic Acid Capsules Gain High Demand Due to Novelty in Nutrition Sector The high prevalence of cardiovascular diseases in individuals has fueled the demand for ursolic acid capsules. Since individuals are aiming to achieve lean muscles, Labrada Nutrition – a manufacturer of dietary supplements is increasing its advertisement spending to fuel the uptake of its lean muscle optimizer ursolic acid capsules. Recent peer-reviewed and published studies are boosting the credibility credentials of companies in the ursolic acid market who are increasing their production capabilities to develop ursolic acid capsules. Companies in the ursolic acid market are exploring opportunities in packaging options such as increasing the availability of ursolic acid capsules in glass bottles. There is a growing demand for stearate-free ursolic acid capsules that support the development of lean muscles. This newly discovered substance is creating novelty in the health & nutrition sector.
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