Gallic Acid Market
The market for Gallic Acid was estimated at $238 million in 2024; it is anticipated to increase to $427 million by 2030, with projections indicating growth to around $693 million by 2035.
Global Gallic Acid Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Gallic Acid industry revenue is expected to be around $262.5 million in 2025 and expected to showcase growth with 10.2% CAGR between 2025 and 2034. The growth of the market can be credited to the role that Gallic Acid plays in various industries today and its continued relevance over time is evident due to several key factors such as advancements in its production process driven by technology and the increasing demand from sectors like pharmaceutical and food industries as well as the rising awareness about its health benefits. Moreover the shift towards manufacturing practices, in the chemical industry bodes well for Gallic Acid’s future prospects highlight its significance in years to come.
Gallic Acid is recognized for its antioxidant abilities as well as its anti inflammatory and anticancer properties due to being a trihydroxybenzoic acid categorized under phenolic acids This versatile compound finds application in industries such as food preservation in the food and beverage sector to drug formulation in the pharmaceutical field skin protection in cosmetics and even ink production Recent market trends indicate an increasing preference for natural antioxidants, in health and beauty products driving the growth of the Gallic Acid market.
Market Key Insights
- The Gallic Acid market is projected to grow from $238.2 million in 2024 to $629 million in 2034. This represents a CAGR of 10.2%, reflecting rising demand across Pharmaceutical Industry, Food & Beverage Industry and Cosmetics & Personal Care Products.
- A&K Petrochem, Airedale Chemical, AHN Biotechnologie are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Gallic Acid market and are expected to observe the growth CAGR of 7.4% to 10.7% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 9.8% to 12.8%.
- Transition like Sustainable Production of Gallic Acid is expected to add $19 million to the Gallic Acid market growth by 2030.
- The Gallic Acid market is set to add $391 million between 2024 and 2034, with manufacturer targeting Food & Beverages & Cosmetics & Personal Care Application Type projected to gain a larger market share.
- With Rising demand in the pharmaceutical industry, and Expanding cosmetic industry applications, Gallic Acid market to expand 164% between 2024 and 2034.