Gallic Acid: Introduction

  • Gallic acid is an organic chemical compound that is a naturally occurring antioxidant. It is a secondary type of polyphenolic metabolites. Gallic acid is also known as trihydroxybenzoic acid. It is a type of phenolic acid that is found in several plants such as oak bark, sumac, tea leaves, gallnuts, and witch hazel. Gallic acid is white to off-white amorphous solid. It is hygroscopic and soluble in water.
  • Gallic acid is naturally occurring; however, large quantities of synthesized gallic acid are also available. Gallic acid occurs as a free molecule or as a part of tannin molecule. Gallic acid is used as a synthetic intermediate in the manufacturing process of pyrogallols and gallic acid esters. Pyrogallol and gallic acid esters are used in food products and the pharmaceutical industry.
  • Gallic acid possesses anti-carcinogenic, anti-microbial, and anti-mutagenic properties. As a result, it is extensively used in the food & beverages industry. In the food industry, gallic acid is used as an additive to formulate preservative propyl gallate. Furthermore, gallic acid is used in a wide range of industrial applications. For instance, it is used to prepare trimethoprim sulfamethoxazole (TMP), synthesis of trimethoprim, and other sulfonamides in the pharmaceutical industry.

Key Drivers and Restraints of Global Gallic Acid Market

  • Rise in awareness about healthy lifestyle and increase in trend of healthy eating are driving the global gallic acid market. Increase in awareness about gallic acid among consumers is also anticipated to boost the demand for gallic acid in the general food industry.
  • Gallic acid is significantly used in pharmacology to convey medicinal properties that are hepatoprotective and neuroprotective. Furthermore, continuous research work indicates a promising outlook for gallic acid in the pharmaceutical and therapeutic industries. This is projected to augment the gallic acid market in the next few years. However, availability of alternatives of gallic acid is likely to hamper the market in the near future.

Gallic Acid Market: End-use Industry Segment

  • In terms of end-use industry, the global gallic acid market can be segmented into pharmaceutical, chemical, food & beverages, personal care & cosmetics, paper & pulp, and others
  • The pharmaceutical segment is estimated to hold significant share of the market during the forecast period
  • The food & beverages segment is expected to expand at a healthy pace during the forecast period, owing to the increasing trend of healthy eating and healthy lifestyle across the globe

North America to be Key Region of Global Gallic Acid Market

  • In terms of region, the global gallic acid market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • North America is expected to be the key region for the global gallic acid market, owing to increase in consumption of gallic acid in various end-use industries. It is anticipated to be followed by Asia Pacific.
  • Growth in consumption of gallic acid in the food and pharmaceutical industries in Asia Pacific is projected to boost the lucrativeness of the region in the global gallic acid market in the near future

Key Manufacturers Operating in Global Gallic Acid Market

The global gallic acid market was highly fragmented in 2019. Major players have prominent presence in developing countries. Key manufacturers operating in the global gallic acid market include:

  • Hubei Tianxin Biotech Co., Ltd
  • Gallochem Co., Ltd.
  • Zunyi City Bei Yuan Chemical Co.,Ltd.
  • Xiangxi Gaoyuan Biotechnology Co., Ltd.
  • JPN Pharma Pvt Ltd.
  • Wego chemical Group
  • CDH Fine Chemicals
  • TCI Chemicals
  • Merck KGaA
  • Haihang Industry Co., Ltd.

Global Gallic Acid Market: Research Scope

Global Gallic Acid Market, by Grade

  • Food Grade
  • Pharma Grade
  • Industrial Grade
  • Others

Global Gallic Acid Market, by End-use Industry

  • Pharmaceutical
  • Chemical
  • Food & Beverages
  • Personal Care & Cosmetics
  • Paper & Pulp
  • Others

 Global Gallic Acid Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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