Levulinic Acid Market
Levulinic Acid Market - Global Industry Assessment & Forecast
Segments Covered
- By Technology Biofine, Acid Hydrolysis
- By End User Agriculture, Food, Beverages, Pharmaceuticals, Cosmetics & Personal Care
- By Applications Food Additives, Pharmaceuticals, Agricultural Products, Personal Care Products, Plasticizers, Fuel Additives
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 27.25 Million |
Revenue 2030: | USD 54.28 Million |
Revenue CAGR (2023 - 2030): | 9.00% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Levulinic Acid Market Segment Analysis
- Levulinic Acid Technology Outlook (Revenue, USD Million, 2018 - 2030)
- Biofine
- Acid Hydrolysis
- Levulinic Acid End User Outlook (Revenue, USD Million, 2018 - 2030)
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Levulinic Acid Applications Outlook (Revenue, USD Million, 2018 - 2030)
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
-
North America Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
-
North America Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- U.S.
- U.S. Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- U.S. Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- U.S. Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- U.S. Levulinic Acid Market, by Technology
- Canada
- Canada Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- Canada Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Canada Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- Canada Levulinic Acid Market, by Technology
-
Mexico
- Mexico Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- Mexico Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Mexico Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- Mexico Levulinic Acid Market, by Technology
-
North America Levulinic Acid Market, by Technology
- Europe
-
Europe Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
-
Europe Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
-
Europe Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- U. K.
- U.K. Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- U.K. Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- U.K. Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- U.K. Levulinic Acid Market, by Technology
- France
- France Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- France Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- France Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- France Levulinic Acid Market, by Technology
-
Germany
- Germany Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- Germany Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Germany Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- Germany Levulinic Acid Market, by Technology
-
Italy
- Italy Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- Italy Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Italy Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- Italy Levulinic Acid Market, by Technology
-
Spain
- Spain Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- Spain Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Spain Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- Spain Levulinic Acid Market, by Technology
-
Rest of Europe
- Rest of Europe Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- Rest of Europe Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Rest of Europe Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- Rest of Europe Levulinic Acid Market, by Technology
-
Europe Levulinic Acid Market, by Technology
- Asia Pacific
-
Asia Pacific Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
-
Asia Pacific Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
-
Asia Pacific Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- China
- China Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- China Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- China Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- China Levulinic Acid Market, by Technology
- Japan
- Japan Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- Japan Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Japan Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- Japan Levulinic Acid Market, by Technology
-
Germany
- Germany Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- Germany Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Germany Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- Germany Levulinic Acid Market, by Technology
-
India
- India Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- India Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- India Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- India Levulinic Acid Market, by Technology
-
South Korea
- South Korea Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- South Korea Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- South Korea Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- South Korea Levulinic Acid Market, by Technology
-
South East Asia
- South East Asia Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- South East Asia Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- South East Asia Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- South East Asia Levulinic Acid Market, by Technology
-
Rest of Asia Pacific
- Rest of Asia Pacific Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- Rest of Asia Pacific Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Rest of Asia Pacific Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- Rest of Asia Pacific Levulinic Acid Market, by Technology
-
Asia Pacific Levulinic Acid Market, by Technology
- Latin America
-
Latin America Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
-
Latin America Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
-
Latin America Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- Brazil
- Brazil Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- Brazil Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Brazil Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- Brazil Levulinic Acid Market, by Technology
- Argentina
- Argentina Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- Argentina Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Argentina Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- Argentina Levulinic Acid Market, by Technology
-
Rest of Latin America
- Rest of Latin America Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- Rest of Latin America Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Rest of Latin America Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- Rest of Latin America Levulinic Acid Market, by Technology
-
Latin America Levulinic Acid Market, by Technology
- Middle East & Africa
-
Middle East & Africa Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
-
Middle East & Africa Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
-
Middle East & Africa Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- GCC Countries
- GCC Countries Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- GCC Countries Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- GCC Countries Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- GCC Countries Levulinic Acid Market, by Technology
- South Africa
- South Africa Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- South Africa Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- South Africa Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- South Africa Levulinic Acid Market, by Technology
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Levulinic Acid Market, by Technology
- Biofine
- Acid Hydrolysis
- Rest of Middle East & Africa Levulinic Acid Market, by End User
- Agriculture
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Rest of Middle East & Africa Levulinic Acid Market, by Applications
- Food Additives
- Pharmaceuticals
- Agricultural Products
- Personal Care Products
- Plasticizers
- Fuel Additives
- Rest of Middle East & Africa Levulinic Acid Market, by Technology
-
Middle East & Africa Levulinic Acid Market, by Technology
- North America
FAQ
Frequently Asked Question
What is the global demand for Levulinic Acid in terms of revenue?
-
The global Levulinic Acid valued at USD 27.25 Million in 2022 and is expected to reach USD 54.28 Million in 2030 growing at a CAGR of 9.00%.
Which are the prominent players in the market?
-
The prominent players in the market are G.F. Biochemicals Ltd. (Italy), Langfang Triple Well Chemicals Co. Ltd. (China), Biofine International Inc. (U.S.), Avantium (Netherlands), Simagchem Corporation (China), Hefei TNJ Chemical Industry Co. Ltd. (China), CSPC Pharmaceutical Group (China), Great Chemicals Co. Ltd. (China), Anhui Herman Impex Co Ltd (China), DuPont (US), The Valspar Corporation (US), KCC Corporation (South Korea), Sherwin-Williams (US), AkzoNobel (Netherlands), Jotun A/S (Norway).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 9.00% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Levulinic Acid include
- Growing pharmaceutical industry
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Levulinic Acid in 2022.