Geographic Information System Market Forecasts to 2032 – Global Analysis By Component (Hardware, Software, Services, and Other Components), Function, Deployment Type, Application and By Geography

According to Stratistics MRC, the Global Oleanolic Acid Market is accounted for $31.83 million in 2025 and is expected to reach $53.16 million by 2032 growing at a CAGR of 7.6% during the forecast period. Oleanolic acid is a naturally occurring triterpenoid compound found in various plants, including olives, fruits, and medicinal herbs. Known for its beneficial properties, it exhibits antioxidant, anti-inflammatory, and hepatoprotective effects. Widely researched for its potential in treating liver disorders, cancer, diabetes, and microbial infections, oleanolic acid plays a vital role in traditional medicine. Its ability to modulate biological pathways makes it a promising candidate for pharmaceutical and therapeutic applications.

Market Dynamics:

Driver:

Rising demand for natural products

Consumers are increasingly seeking natural alternatives to synthetic ingredients, particularly in pharmaceuticals, nutraceuticals, and cosmetics, due to heightened health consciousness and a preference for clean-label products. Oleanolic acid, a naturally occurring triterpenoid compound found in plants like olive leaves, offers bioactive properties such as anti-inflammatory, antioxidant, and hepatoprotective effects, making it appealing for inclusion in dietary supplements and skincare formulations. Scientific research validating these benefits further boosts consumer confidence and manufacturer interest, accelerating the adoption of oleanolic acid across various applications.

Restraint:

High extraction and purification costs

The compound is typically derived from plant sources such as olive leaves and other herbs, which requires complex and labor-intensive extraction processes. Advanced techniques like chromatography and solvent extraction are often necessary to achieve high purity, increasing production costs substantially. Moreover, maintaining consistency in quality and yield from natural sources is challenging, leading to scalability issues for large-scale commercial use. These high operational costs can deter manufacturers, particularly small- to mid-sized enterprises, from entering or expanding in the market. As a result, the elevated production expenses hinder affordability and limit wider adoption across industries.

Opportunity:

Increasing skin care product formulations

Research indicates that oleanolic acid can stimulate collagen production and inhibit collagen-degrading enzymes like MMP-1, thereby reducing wrinkles and enhancing skin elasticity. Its ability to regulate sebum production also makes it beneficial for oily and acne-prone skin. To overcome its poor water solubility, innovative delivery systems such as polymeric micelles and nanoemulsions have been developed, improving skin penetration and stability. These advancements have led to its widespread use in anti-aging creams, serums, and lotions, aligning with the growing consumer demand for natural and effective skincare ingredients.

Threat:

Intense competition from synthetic alternatives

Synthetic compounds often offer similar therapeutic and cosmetic benefits at a lower cost and with greater consistency in quality and supply. These alternatives are easier to manufacture at scale, reducing dependency on agricultural sources and complex extraction processes. Additionally, advancements in chemical synthesis allow for the development of tailored compounds with enhanced efficacy, which can outperform natural ingredients like oleanolic acid in specific applications. As a result, manufacturers may prefer cost-effective synthetics, limiting the market penetration and commercial viability of naturally derived oleanolic acid products.

Covid-19 Impact

The COVID-19 pandemic had a mixed impact on the oleanolic acid market. Initially, supply chain disruptions and reduced manufacturing activities slowed production and distribution. However, the rising consumer focus on health and immunity during the pandemic increased demand for natural compounds with therapeutic benefits, including oleanolic acid. Its use in supplements and skincare products gained traction as consumers sought natural remedies. Overall, while short-term disruptions occurred, the long-term outlook for oleanolic acid improved due to heightened health awareness.

The 95% oleanolic acid segment is expected to be the largest during the forecast period

The 95% oleanolic acid segment is expected to account for the largest market share during the forecast period, due to its high purity, which enhances its effectiveness in pharmaceutical, nutraceutical, and cosmetic applications. High-purity oleanolic acid ensures consistent therapeutic outcomes, making it ideal for formulating advanced skincare products, liver supplements, and anti-inflammatory medications. Additionally, increasing regulatory standards and consumer preference for premium, high-efficacy natural ingredients further boost the market demand for 95% purity oleanolic acid.

The cosmetics segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the cosmetics segment is predicted to witness the highest growth rate, due to its powerful anti-aging, anti-inflammatory, and antioxidant properties. Consumers are increasingly seeking natural ingredients in skincare, and oleanolic acid fits this trend by helping reduce wrinkles, control sebum, and improve skin elasticity. Its inclusion in creams, serums, and lotions supports product differentiation, while growing demand for clean-label beauty products accelerates its adoption across global cosmetic formulations.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share due to its strong pharmaceutical and cosmetics industries. Countries like China, Japan, and South Korea are leading in natural ingredient research and production. The rising demand for herbal medicine and organic skincare is driving market growth. Government initiatives supporting plant-based formulations are further boosting adoption.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to increasing demand for natural health products. The pharmaceutical industry is investing in research on oleanolic acid’s therapeutic benefits. The cosmetics sector is witnessing a surge in organic skincare formulations. Regulatory support for plant-based compounds is encouraging market expansion.

Key players in the market

Some of the key players profiled in the Oleanolic Acid Market include Shaanxi Jiahe Phytochem Co., Ltd., Focusherb, Sichuan Yuxin Pharmaceutical Co., Ltd., Sabinsa, Sichuan Benepure Pharmaceutical, Sichuan Xieli Pharmaceutical Co., Ltd., ZD Biological, New Natural Biotechnology Co.,Ltd., Xian ZB Biotech Co.,Ltd., Luyuan Bio-Tech, Sami Labs, Chemicea Pharma, Tokyo Chemical Industry (India) Pvt. Ltd., MP Biomedicals, and Sigma-Aldrich International GmbH.

Key Developments:

In January 2025, Merck and Opentrons Labworks, Inc., a leader in lab automation and accessible robotics, announced a multi-year agreement to automate assay kits on a custom Opentrons Flex® workstation. Scientists and engineers will collaborate to develop and verify platform workflows utilizing Merck’s broad offering of automation-enabled assays.

In May 2018, MP Biomedicals, LLC announced the installation of dedicated cleanrooms for animal origin (AO) and non-animal origin (NAO) products in their Ohio, USA facility. The addition of the ISO Class 6 clean rooms continues an ongoing initiative to meet the stringent quality control and regulatory compliance standards vital for biopharmaceutical and bioprocessing applications.

Types Covered:
• 30% Oleanolic Acid
• 80% Oleanolic Acid
• 90% Oleanolic Acid
• 95% Oleanolic Acid
• 98% Oleanolic Acid
• Other Types

Applications Covered:
• Pharmaceuticals
• Cosmetics
• Health Foods
• Other Applications

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Geographic Information System Market, By Component
5.1 Introduction
5.2 Hardware
5.2.1 GPS Devices
5.2.2 GIS Collectors
5.2.3 Total Stations
5.2.4 Light Detection and Ranging (LiDAR)
5.2.5 GNSS/GPS Antennas
5.2.6 Imaging Sensors
5.2.7 Computers and Servers
5.3 Software
5.3.1 Desktop GIS
5.3.2 Server GIS
5.3.3 Developer GIS
5.3.4 Mobile GIS
5.3.5 Remote Sensing Software
5.3.6 Data Analytics Tools
5.3.7 Visualization Tools
5.4 Services
5.4.1 Consulting Services
5.4.2 Implementation and Integration Services
5.4.3 Training and Support Services
5.4.4 Data Services
5.4.5 Managed Services
5.5 Other Components
6 Global Geographic Information System Market, By Function
6.1 Introduction
6.2 Mapping
6.3 Surveying
6.4 Telematics and Navigation
6.5 Location-Based Services (LBS)
6.6 Geocoding and Georeferencing
6.7 Spatial Analysis
6.8 Territorial Analysis
6.9 Urban Planning
7 Global Geographic Information System Market, By Deployment Type
7.1 Introduction
7.2 On-Premise
7.3 Cloud-Based
7.4 Hybrid
8 Global Geographic Information System Market, By Application
8.1 Introduction
8.2 Government
8.3 Utilities
8.4 Construction
8.5 Transportation and Logistics
8.6 Agriculture
8.7 Mining
8.8 Aerospace and Defense
8.9 Telecommunications
8.10 Healthcare
8.11 Retail
8.12 Oil and Gas
8.13 Environmental Monitoring
8.14 Smart Cities
8.15 Education and Research
8.16 Insurance
8.17 Other Applications
9 Global Geographic Information System Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Esri
11.2 Hexagon AB
11.3 Autodesk Inc.
11.4 Trimble Inc.
11.5 Bentley Systems, Incorporated
11.6 Pitney Bowes Inc.
11.7 SuperMap Software Co., Ltd.
11.8 Topcon Corporation
11.9 Maxar Technologies Inc.
11.10 Caliper Corporation
11.11 Computer Aided Development Corporation Ltd. (Cadcorp)
11.12 General Electric
11.13 Hi-Target Surveying Instrument Co. Ltd.
11.14 L3Harris Technologies, Inc.
11.15 Precisely Incorporated
List of Tables
Table 1 Global Geographic Information System Market Outlook, By Region (2024-2032) ($MN)
Table 2 Global Geographic Information System Market Outlook, By Component (2024-2032) ($MN)
Table 3 Global Geographic Information System Market Outlook, By Hardware (2024-2032) ($MN)
Table 4 Global Geographic Information System Market Outlook, By GPS Devices (2024-2032) ($MN)
Table 5 Global Geographic Information System Market Outlook, By GIS Collectors (2024-2032) ($MN)
Table 6 Global Geographic Information System Market Outlook, By Total Stations (2024-2032) ($MN)
Table 7 Global Geographic Information System Market Outlook, By Light Detection and Ranging (LiDAR) (2024-2032) ($MN)
Table 8 Global Geographic Information System Market Outlook, By GNSS/GPS Antennas (2024-2032) ($MN)
Table 9 Global Geographic Information System Market Outlook, By Imaging Sensors (2024-2032) ($MN)
Table 10 Global Geographic Information System Market Outlook, By Computers and Servers (2024-2032) ($MN)
Table 11 Global Geographic Information System Market Outlook, By Software (2024-2032) ($MN)
Table 12 Global Geographic Information System Market Outlook, By Desktop GIS (2024-2032) ($MN)
Table 13 Global Geographic Information System Market Outlook, By Server GIS (2024-2032) ($MN)
Table 14 Global Geographic Information System Market Outlook, By Developer GIS (2024-2032) ($MN)
Table 15 Global Geographic Information System Market Outlook, By Mobile GIS (2024-2032) ($MN)
Table 16 Global Geographic Information System Market Outlook, By Remote Sensing Software (2024-2032) ($MN)
Table 17 Global Geographic Information System Market Outlook, By Data Analytics Tools (2024-2032) ($MN)
Table 18 Global Geographic Information System Market Outlook, By Visualization Tools (2024-2032) ($MN)
Table 19 Global Geographic Information System Market Outlook, By Services (2024-2032) ($MN)
Table 20 Global Geographic Information System Market Outlook, By Consulting Services (2024-2032) ($MN)
Table 21 Global Geographic Information System Market Outlook, By Implementation and Integration Services (2024-2032) ($MN)
Table 22 Global Geographic Information System Market Outlook, By Training and Support Services (2024-2032) ($MN)
Table 23 Global Geographic Information System Market Outlook, By Data Services (2024-2032) ($MN)
Table 24 Global Geographic Information System Market Outlook, By Managed Services (2024-2032) ($MN)
Table 25 Global Geographic Information System Market Outlook, By Other Components (2024-2032) ($MN)
Table 26 Global Geographic Information System Market Outlook, By Function (2024-2032) ($MN)
Table 27 Global Geographic Information System Market Outlook, By Mapping (2024-2032) ($MN)
Table 28 Global Geographic Information System Market Outlook, By Surveying (2024-2032) ($MN)
Table 29 Global Geographic Information System Market Outlook, By Telematics and Navigation (2024-2032) ($MN)
Table 30 Global Geographic Information System Market Outlook, By Location-Based Services (LBS) (2024-2032) ($MN)
Table 31 Global Geographic Information System Market Outlook, By Geocoding and Georeferencing (2024-2032) ($MN)
Table 32 Global Geographic Information System Market Outlook, By Spatial Analysis (2024-2032) ($MN)
Table 33 Global Geographic Information System Market Outlook, By Territorial Analysis (2024-2032) ($MN)
Table 34 Global Geographic Information System Market Outlook, By Urban Planning (2024-2032) ($MN)
Table 35 Global Geographic Information System Market Outlook, By Deployment Type (2024-2032) ($MN)
Table 36 Global Geographic Information System Market Outlook, By On-Premise (2024-2032) ($MN)
Table 37 Global Geographic Information System Market Outlook, By Cloud-Based (2024-2032) ($MN)
Table 38 Global Geographic Information System Market Outlook, By Hybrid (2024-2032) ($MN)
Table 39 Global Geographic Information System Market Outlook, By Application (2024-2032) ($MN)
Table 40 Global Geographic Information System Market Outlook, By Government (2024-2032) ($MN)
Table 41 Global Geographic Information System Market Outlook, By Utilities (2024-2032) ($MN)
Table 42 Global Geographic Information System Market Outlook, By Construction (2024-2032) ($MN)
Table 43 Global Geographic Information System Market Outlook, By Transportation and Logistics (2024-2032) ($MN)
Table 44 Global Geographic Information System Market Outlook, By Agriculture (2024-2032) ($MN)
Table 45 Global Geographic Information System Market Outlook, By Mining (2024-2032) ($MN)
Table 46 Global Geographic Information System Market Outlook, By Aerospace and Defense (2024-2032) ($MN)
Table 47 Global Geographic Information System Market Outlook, By Telecommunications (2024-2032) ($MN)
Table 48 Global Geographic Information System Market Outlook, By Healthcare (2024-2032) ($MN)
Table 49 Global Geographic Information System Market Outlook, By Retail (2024-2032) ($MN)
Table 50 Global Geographic Information System Market Outlook, By Oil and Gas (2024-2032) ($MN)
Table 51 Global Geographic Information System Market Outlook, By Environmental Monitoring (2024-2032) ($MN)
Table 52 Global Geographic Information System Market Outlook, By Smart Cities (2024-2032) ($MN)
Table 53 Global Geographic Information System Market Outlook, By Education and Research (2024-2032) ($MN)
Table 54 Global Geographic Information System Market Outlook, By Insurance (2024-2032) ($MN)
Table 55 Global Geographic Information System Market Outlook, By Other Applications (2024-2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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