Shikimic Acid (CAS 138-59-0) Market
The global Shikimic Acid (CAS 138-59-0) Market size reached 45.7 USD Million in 2024. Looking forward, MarketsGlob expects the market to reach 62.60 USD Million by 2031, exhibiting a growth rate (CAGR) of 4.6% during 2025-2031.
Shikimic Acid is a key organic compound derived from plants and microorganisms, primarily used as a precursor in the synthesis of antiviral and pharmaceutical agents, including oseltamivir (Tamiflu). It also finds applications in cosmetics, personal care products, and veterinary medicine due to its natural origin and bioactive properties.
Market Highlights
- Increasing demand for antiviral drug production and pharmaceutical intermediates.
- Growing usage of plant-based ingredients in cosmetic and personal care formulations.
- Rising R&D activities to improve shikimic acid extraction and fermentation processes.
- Expanding applications in biotechnology and natural product synthesis.
The Shikimic Acid Market is poised for steady growth driven by the rising global demand for antiviral and natural-based pharmaceuticals. As consumers and manufacturers shift toward eco-friendly and plant-derived compounds, shikimic acid continues to gain traction across healthcare and cosmetics. Ongoing technological advancements in fermentation and bioprocessing are expected to improve yield and production efficiency, further supporting market expansion.
Shikimic Acid (CAS 138-59-0) Market
Market forecast to grow at a CAGR of 4.6%
Note:The image is for illustrative purposes only
Key Players in the Market
The report includes a detailed analysis of both established and emerging companies in the market. Key players are highlighted based on their product offerings and other relevant factors, with consideration given to their year of market entry.
Major players includes
- Sanofi
- JIAHERB
- Guangxi Wanshan Spice
- Wuhan Dahua Weiye
- Sichuan Xieli Pharmaceutical
- Layn
- Shanghai Pharmaceuticals
- Dongyangguang
- Shaanxi Hongda
(Please note that the list of players mentioned here is not final. We encourage you to request a sample report to review the most up-to-date list of all relevant players.)
Segmentation for Shikimic Acid (CAS 138-59-0) Market
Products Segment Analysis
- Shikimic Acid (98%)
- Shikimic Acid (99%)
Applications Segment Analysis
- Medicine and Veterinary Drugs
- Cosmetic and Personal Care
- Others
(Please note that the segmentation provided in this report is not limited to these categories. We can further break down the data into additional segments as per your specific requirements. We encourage you to request a sample report to explore the detailed scope of our research and customized insights.)
Sales Channel Segment Analysis
- Direct Channel
- Distribution Channel
Market segment by Region/Country including:
- North America (United States, Canada, Mexico)
- Europe (Germany, United Kingdom, France, Italy, Russia, Spain, Benelux, Poland, Austria, Portugal, Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, Australia, Taiwan, Rest of Asia Pacific)
- South America (Brazil, Argentina, Colombia, Chile, Peru, Venezuela, Rest of South America)
- Middle East & Africa (UAE, Saudi Arabia, South Africa, Egypt, Nigeria, Rest of Middle East & Africa)
 Market.png "Shikimic Acid (CAS 138-59-0) Share by Product Types & Application")
Report Coverage:
| Base Year of the Analysis | 2025 |
|---|---|
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2032 |
| Types Covered | Shikimic Acid (98%), Shikimic Acid (99%) |
| Applications Covered | Medicine and Veterinary Drugs, Cosmetic and Personal Care, Others |
| Companies Covered |
Sanofi, JIAHERB, Guangxi Wanshan Spice, Wuhan Dahua Weiye, Sichuan Xieli Pharmaceutical, Layn, Shanghai Pharmaceuticals, Dongyangguang, Shaanxi Hongda (Please note that the list of players mentioned here is not final. We encourage you to request a sample report to review the most up-to-date list of all relevant players.) |
| Sales Channels Covered | Direct Channel, Distribution Channel |
| Regions Covered | North America, Europe, Asia-Pacific, South America, Middle East and Africa |
| Countries Covered | United States, Canada, Mexico, Germany, United Kingdom, France, Italy, Russia, Spain, Benelux, Poland, Austria, Portugal, Rest of Europe, China, Japan, Korea, India, Southeast Asia, Australia, Taiwan, Rest of Asia Pacific, Brazil, Argentina, Colombia, Chile, Peru, Venezuela, Rest of South America, UAE, Saudi Arabia, South Africa, Egypt, Nigeria, Rest of Middle East & Africa |
| Customization Scope | We offer extensive customization options for different segments at the region/country-level, ensuring that specific needs are met. Furthermore, our services extend to additional customization based on your unique requirements. |
| Purchase Options | We have three plans to opt for: Standard Plan (PDF), Advanced Plan (PDF + Excel Data Pack) & Extended Plan (PDF + Excel Data Pack + Periodic Update). For more details, please check details of plan types & features. |
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