The Global Kojic Acid Market Report is equipped with market data from 2014 to 2024. The report gives a market overview covering key drivers and risks factors. The report is bifurcated by top global manufactures mentioning sales, revenue and prices as applicable. It also evaluates the competitive scenario of the leading players. The report expands to cover regional market data along with type and application. The report forecasts sales and revenue from 2019 to 2024. The detailed sales channel is also covered in the study.
Kojic acid with the chemical name 5-hydroxy-2-hydroxymethyl-4-pyrone is produced by several species of fungi, especially Aspergillus oryzae, which has the Japanese common name koji. It is a by-product in the fermentation process of malting rice, for use in the manufacturing of sake, the Japanese rice wine. 13C-Labeling studies have revealed at least two pathways to kojic acid. In the usual route, dehydratase enzymes convert glucose to kojic acid. Pentoses are also viable precursors in which case dihydroxyacetone is invoked as an intermediate.
Kojic acid is a mild inhibitor of the formation of pigment in plant and animal tissues, and is used in food and cosmetics to preserve or change colors of substances.
Scope of the Report:
In general, it can also be concluded that glucose and yeast extract are the preferred carbon and nitrogen sources for kojic acid production by various fungal strains. And the main production base is located in China, which account for 73.45% in 2016.
Currently, Kojic acid has many industrial applications and its demand is increasing enormously with the growing industries related to its applications. And the cosmetics occupy the largest share, which was 75.71% in 2016. As the application of kojic acid in food has not been clearly recognized by the state, so its use is still relatively small.
The global sales of Kojic Acid in 2016 have been over 2512 MT; the gross margin was 24%.
The technology of the Kojic Acid is not difficult. And majority of the manufacturers can ensure high quality, so their product can meet the high-end consumer’s demand.
The worldwide market for Kojic Acid is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019.
This report focuses on the Kojic Acid in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Sansho Seiyaku
- Xi’an Hao-xuan Bio-tech Co
- Hubei Artec Biotechnology Co
- Syder
- Sichuan Huamai Technology
- Chengdu Jinkai
- Hubei Xiangxi Chemical
- Triveni Interchem
- Hubei Hongjing
- Hubei Xinxinjiali Bio-tech
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
- Cosmetics
- Food Additive
- Medicine Material
- Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Kojic Acid product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Kojic Acid, with price, sales, revenue and global market share of Kojic Acid in 2017 and 2018.
Chapter 3, the Kojic Acid competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Kojic Acid breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Kojic Acid market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Kojic Acid sales channel, distributors, customers, research findings and conclusion, appendix and data source.