Reports
Global Quinic Acid Market Size, Share, Trends, Growth, Forecast: By Source: Natural, Synthetic; By Application: Drugs for Influenza Treatment, Drugs for Swine Flu Treatment, Drugs for Dengue Treatment, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Key Trends and Developments in the Market; 2023-2028
Global Quinic Acid Market Outlook
The global quinic acid market is expected to grow at a CAGR of 3.50% between 2023 and 2028. Major market drivers are its applications in the preparation of drugs, antifungal inhibitory activities, and diet constituents.
Key Trends in the Market
Quinic acid is a chemical compound and is a type of a cyclic polyol, cyclitol, and a cyclohexane carboxylic acid that is prepared synthetically by the hydrolysis of chlorogenic acid. It is a crystalline acid and a colourless solid that can also be obtained from plant sources such as coffee beans, cinchona bark, carrot leaves, and various other plant products. The chemical formula for quinic acid is C7H1206. Quinic acid is soluble in water and can crystallise in large colourless prisms.
- Quinic acid possess anti-neuroinflammatory properties that is known for keeping the human brain healthy. It also offers radioprotection and antioxidant properties fuelling the quinic acid market growth.
- It is mainly used as an astringent for medical use and for industrial use. It is a chiral starting material for synthesis of pharmaceuticals and is also used in the synthesis of Oseltamivir, which is then used in the treatment of influenza A and B.
- Quinic acid acts as an antioxidant which also exhibits anti-cancer properties. The activities can be observed through apoptosis-mediated cytotoxicity in breast cancer cell. Moreover, it also has a strong affinity for selectins which has helped in its growth in the overall market.
- Quinic acid must be neutralised before discharge into the drains, ground or surface water or will severely affect human health as well as the environment.
- Six membered rings of quinic acid can readily be degraded by some bacteria or by fungi and can transform into other compounds which increases its medical as well as industrial use helping in the growth of the overall market.
Market Analysis
Based on source, the market can be bifurcated into natural and synthetic. The natural sources are further subdivided into chinchona bark, coffee beans, carrot leaves, and apples, among others. By applications, the market is categorised into drugs for influenza treatment, drugs for swine flu treatment, and drugs for dengue treatment, among others. On the basis of region, the market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global quinic acid market covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Market Share by Applications
The applications of quinic acid in drugs for influenza treatment is expected to have a larger share in the quinic acid market owing to wide prevalence of influenza globally, the development of effective drugs for the treatment of influenza A and influenza B. Oseltamivir is an antiviral medication which is synthesised with quinic acid and is widely used for the treatment used for influenza.
Another key application of quinic acid is in the preparation of drugs for dengue treatment. A widely prevalent disease, particularly in tropical nations, the incidence of the infection is increasing rapidly. Quinic acid derivatives have a chemical class of active compounds which are believed to be useful in fighting the dengue virus, increasing the demand for quinic acid in the market.
Market Share by Region
There are several key players and manufacturers located in the Europe and North America regions, resulting in these regions having a larger market share for quinic acid. Leading exporters of quinic acid are Germany and the United States, while India is a key importer.
Influenza and dengue are widely prevalent in the Asia Pacific region, thereby increasing the demand and use of quinic acid which is used to in the preparation of drugs to treat both these conditions. With an increase in the number of influenza and dengue affected people, the demand for quinic acid in the Asia Pacific is expected to grow rapidly.
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Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Source |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Quinic Acid Market Analysis
8.1 Key Industry Highlights
8.2 Global Quinic Acid Historical Market (2018-2022)
8.3 Global Quinic Acid Market Forecast (2023-2028)
8.4 Global Quinic Acid Market by Source
8.4.1 Natural
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.1.4 Breakup by Type
8.4.1.4.1 Chinchona Bark
8.4.1.4.2 Coffee Beans
8.4.1.4.3 Carrot Leaves
8.4.1.4.4 Apples
8.4.1.4.5 Others
8.4.2 Synthetic
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Quinic Acid Market by Application
8.5.1 Drugs for Influenza Treatment
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Drugs for Swine Flu Treatment
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028
8.5.3 Drugs for Dengue Treatment
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Quinic Acid Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Quinic Acid Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Quinic Acid Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Quinic Acid Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Others
12 Latin America Quinic Acid Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Mexico
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Others
13 Middle East and Africa Quinic Acid Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 South Africa
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
15 Price Analysis
15.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
15.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
15.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
15.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
15.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Quinic Acid Market: Key Industry Highlights, 2018 and 2028
2. Global Quinic Acid Historical Market: Breakup by Source (USD Million), 2018-2022
3. Global Quinic Acid Market Forecast: Breakup by Source (USD Million), 2023-2028
4. Global Quinic Acid Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Quinic Acid Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Quinic Acid Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Quinic Acid Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Quinic Acid Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Quinic Acid Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Quinic Acid Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Quinic Acid Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Quinic Acid Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Quinic Acid Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Quinic Acid Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Quinic Acid Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Quinic Acid Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Quinic Acid Market Forecast: Breakup by Country (USD Million), 2023-2028
Key Questions Answered in the Report
The market is expected to grow at a CAGR of 3.50% between 2023 and 2028.
Major market drivers for quinic acid are its applications in the preparation of drugs, antifungal inhibitory activities, and role as a diet constituent.
The key trends of the market are anti-neuroinflammatory properties, use as an astringent, and medical and industrial applications.
Quinic acid is a chemical compound that is a type of a cyclic polyol, cyclitol and a cyclohexane carboxylic acid and can be prepared synthetically by the hydrolysis of chlorogenic acid.
Quinic acid can be naturally obtained from plant sources such as coffee beans, cinchona bark, carrot leaves, apples, and various other plant products.
The global quinic acid market is segmented based on source, application, and region.
The chemical formula for quinic acid is C7H1206.
Quinic acid is a crystalline acid, a colourless solid, is soluble in water and can crystallise in large colourless prisms.
No, quinic acid must be neutralised before it is discharged into the drains, ground, or surface water or it will severely affect human health as well as the environment.
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