This study focuses on the production side and consumption side of Solar Cell Metal Paste, presents the global Kojic Acid market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Kojic Acid capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Kojic Acid by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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.
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 Kojic Acid market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Kojic Acid.
Key Players:
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
Product types:
Normal
Ultra-high Pure
End-user/applications:
Cosmetics
Food Additive
Medicine Material
Others
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