Gallic Acid Monohydrate Market
The market for Gallic Acid Monohydrate was estimated at $318 million in 2024; it is anticipated to increase to $569 million by 2030, with projections indicating growth to around $924 million by 2035.
Global Gallic Acid Monohydrate Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Gallic Acid Monohydrate industry revenue is expected to be around $349.9 million in 2025 and expected to showcase growth with 10.2% CAGR between 2025 and 2034. The upward trend in growth highlights how important Gallic Acid Monohydrate is across sectors like pharmaceuticals and textiles as well as in the food and beverage industry Its gaining momentum due to its antioxidant features advancements in technology and increased consumer awareness about its health benefits Moreover strict environmental rules and the growing focus on sustainability are making it even more significant, in the realm of eco friendly chemistry.
Gallic Acid Monohydrate is well known for its antioxidant properties and is commonly used in making various products like protective coatings and skincare solutions. The increased demand is due to its range of uses, in the food and pharmaceutical sectors where its added to medicines and functional foods.
Market Key Insights
- The Gallic Acid Monohydrate market is projected to grow from $317.5 million in 2024 to $839 million in 2034. This represents a CAGR of 10.2%, reflecting rising demand across Pharmaceutical Manufacturing, Cosmeceutical Sector and Food & Beverage Industry.
- Sigma-Aldrich, Alfa Aesar, LKT Laboratories are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Gallic Acid Monohydrate 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 Nigeria are expected to observe highest growth with CAGR ranging between 9.8% to 12.8%.
- Transition like Rising Demand in Pharmaceutical Industry is expected to add $20 million to the Gallic Acid Monohydrate market growth by 2030.
- The Gallic Acid Monohydrate market is set to add $521 million between 2024 and 2034, with manufacturer targeting Cosmeceutical & Food & Beverages Application Industry projected to gain a larger market share.
- With Rising demand in pharmaceutical industry, and Technological advancements in extraction process, Gallic Acid Monohydrate market to expand 164% between 2024 and 2034.