Global Shikimic Acid Market Growth 2025-2031

The global Shikimic Acid market size is predicted to grow from US$ 41.2 million in 2025 to US$ 54.5 million in 2031; it is expected to grow at a CAGR of 4.8% from 2025 to 2031.

Shikimic Acid (CAS 138-59-0), 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 (CAS 138-59-0) is mainly used as pharmaceutical intermediates, with a certain irritation.

Global Shikimic Acid (CAS 138-59-0) key players include Layn, Sanofi, JIAHERB, Shanghai Pharmaceuticals, Sichuan Xieli Pharmaceutical, etc. Global top five manufacturers hold a share over 70%.

China is the largest market, with a share over 80%, followed by Europe, with a share about 20 percent.

In terms of product, Shikimic Acid (98%) is the largest segment, with a share over 85%. And in terms of application, the largest application is Medicine and Veterinary Drugs, followed by Cosmetic and Personal Care, etc.

LP Information, Inc. (LPI) ' newest research report, the “Shikimic Acid Industry Forecast” looks at past sales and reviews total world Shikimic Acid sales in 2024, providing a comprehensive analysis by region and market sector of projected Shikimic Acid sales for 2025 through 2031. With Shikimic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shikimic Acid industry.

This Insight Report provides a comprehensive analysis of the global Shikimic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shikimic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Shikimic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shikimic Acid and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shikimic Acid.

This report presents a comprehensive overview, market shares, and growth opportunities of Shikimic Acid market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Shikimic Acid (98%)
Shikimic Acid (99%)

Segmentation by Application:
Medicine and Veterinary Drugs
Cosmetic and Personal Care
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Sanofi
JIAHERB
Guangxi Wanshan Spice
Wuhan Dahua Weiye
Sichuan Xieli Pharmaceutical
Layn
Shanghai Pharmaceuticals
Dongyangguang
Shaanxi Hongda

Key Questions Addressed in this Report

What is the 10-year outlook for the global Shikimic Acid market?

What factors are driving Shikimic Acid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Shikimic Acid market opportunities vary by end market size?

How does Shikimic Acid break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver. Show more