Shikimic acid, is a cyclohexene, a cyclitol and a cyclohexanecarboxylic acid. It is an important biochemical metabolite in plants and microorganisms. It is a white fine powder, soluble in water, insoluble in chloroform, benzene and petroleum ether. Shikimic acid is mainly used as pharmaceutical intermediates, with a certain irritation.
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 ...
Table of Contents
2019-2024 Global Shikimic Acid (CAS 138-59-0) Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Shikimic Acid (CAS 138-59-0) Consumption 2014-2024
2.1.2 Shikimic Acid (CAS 138-59-0) Consumption CAGR by Region
2.2 Shikimic Acid (CAS 138-59-0) Segment by Type
2.2.1 Shikimic Acid (98%)
2.2.2 Shikimic Acid (99%)
2.3 Shikimic Acid (CAS 138-59-0) Consumption by Type
2.3.1 Global Shikimic Acid (CAS 138-59-0) Consumption Market Share by Type (2014-2019)
2.3.2 Global Shikimic Acid (CAS 138-59-0) Revenue and Market Share by Type (2014-2019)
2.3.3 Global Shikimic Acid (CAS 138-59-0) Sale Price by Type (2014-2019)
2.4 Shikimic Acid (CAS 138-59-0) Segment by Application