info@marketresearchfuture.com   ๐Ÿ“ž  +1 (855) 661-4441(US)   ๐Ÿ“ž  +44 1720 412 167(UK)

Cholic Acid Market is High Prevalence of Gallbladder Cancer is Expected to Boost the Growth Near Future

Pune, India, July 2019, MRFR Press Release/- Market Research Future has Published a Cooked Research Report on the Global Cholic Acid Market.

Market Highlights

The Global Cholic Acid Market is expected to register a CAGR of 7.90% during the forecast period with a market value of USD 92,412.51 Thousand till 2024. Gallstones are deposits of cholesterol and other digestive fluids that form in the gallbladder. Cholic acid is used as an active pharmaceutical ingredient in manufacturing medications for dissolution of gallstones. Apart from treating gallstones, cholic acid is also used in treating bile acid synthesis disorders and Zellweger Spectrum Disorders.

High prevalence of gallbladder cancer, high prevalence of obesity, and increasing geriatric population is anticipated to drive the market growth. However, stringent regulatory policies are likely to hamper the market growth.

Market Players

MRFR recognizes the following companies as the key players in the global cholic acid marketโ€” Alchem International Ltd (US), Daewoong Bio, Inc. (South Korea), Dipharma Francis SRL (Italy), Erregierre SpA (Italy), Fujimoto Chemicals (Japan), Industria Chimica Emiliana SRL (Italy), Istituto Biologico Chemioterapico SpA (Italy), Kinsy SL (Spain), New Zealand Pharmaceuticals Limited (New Zealand), Panjin Hengchanglong Pharmaceutical (China), PharmaZell GmbH (Germany), Retrophin, Inc. (US), Showa Denko KK (Japan), Suzhou Tianlu Biopharmaceuticals Co. Ltd (China), and Zhejiang Yongning Pharmaceutical (Zhejiang)

Access Report Details @ย https://www.marketresearchfuture.com/reports/cholic-acid-market-8091

Regional Analysis

The global cholic acid market, based on region, is divided into Europe, Asia-Pacific, Americas, and the Middle East & Africa.

Europe is expected to hold the largest share of the global cholic acid market. This is due to the presence of major manufacturers like Industria Chimica Emiliana (ICE), Istituto Biologico Chemioterapico SpA, Prodotti Chimici Alimentari (PCA) SpA; and high production of cholic acid.

Asia-Pacific consists of China, Japan, South Korea, India, and others; and accounts for second-largest market share in the global cholic acid market. According to the Global Burden of Disease report by the University of Washington in Seattle, ranks second-in-line in the number of obese adults globally, which increases the risk of a rise in the prevalence of gallstones in the future.

The Americas consist of two main regions, namely, North America and Latin America. The North America market is further bifurcated into the US and Canada. A study by the American Cancer Society states that as of July 2019, around 3,960 deaths have been recorded out of a total 12,360 new cases of gallbladder cancer diagnosed. This increase in the prevalence of gall bladder cancer reflects the increase in gallstones, thus is expected to boost the growth of the US cholic acid market during the forecast period.

The Middle East & Africa accounts for the least market share in the global cholic acid market and is expected to show steady growth during the forecast period.

Key Findings of the Study

  • The Global Cholic Acid Market was valued at USD 58,560.14 thousand in 2018, is estimated to grow to USD 92,412.51 Thousand by 2024 at a CAGR of 7.90% during the assessment period
  • Europe accounted for the largest share of the global market due to the presence of major manufacturers like Industria Chimica Emiliana (ICE), Istituto Biologico Chemioterapico SpA, Prodotti Chimici Alimentari (PCA) SpA; and high production of cholic acid.

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Report details
Base Year 2019
Companies Covered 15
Pages 70
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.