Gallic Acid from Tannic Acid: A Business Overview
Gallic acid is an organic acid that is found in a variety of foods and herbs that are known as powerful antioxidants. Food and herbs that contain Gallic acid are blueberries, walnuts, apples, flaxseeds, tea leaves, oak bark, watercress, flax seed, and tea. It is also found in gallnuts, sumac, witch hazel, watercress, oak bark, and a variety of other plants and herbs. Gallic acid is also found as a part of astringent tannins, bitter plant polyphenols. The supplements of Gallic acid are available as capsules, ointments, and liquid extracts, and also have been used traditionally to treat a variety of ailments. The form and its dosage depend on the age of the patient and the condition that is being treated. Gallic acid supplements are safe to use, Gallic acid can be bought as a supplement as well, majorly as capsules, liquid extracts, and even ointments. The supplement form of Gallic does not have any harmful side effects. Gallic acid is in demand due to its usage in various industries and hence it is the reason that many individuals are deciding to venture into the field of Gallic acid.
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Reasons to Venture into Successful Business of Gallic Acid
Gallic acid is attained from the hydrolysis of Tannic acid with sulfuric acid. When heated more than 220°C, Gallic acid loses carbon dioxide to form pyrogallol, or 1,2,3 trihydroxy benzene, C6H3 (OH) 3, that is used in the production of azo dyes and photographic developers and in laboratories for absorbing oxygen.
Gallic acid holds industrial importance due to its applications in various sectors from healthcare and food to dyes, inks, paints, and photography.
It is also used in preparing high-grade leather tannis, in the manufacturing of inks, paints, and color developers, and also as a photosensitive resin in semi-conductor production. It is widely used in the testing of free mineral acids, dihydroxy-acetone, and alkaloids.
Gallic Acid has developed as a potential drug molecule of therapeutic value as an antimicrobial antioxidant; anticancer, antiviral, antitumor, and radio protective agent. Majorly, the application of Gallic acid was a precursor for the synthesis of broad-spectrum antics bacterial agent trimethoprim.
In the field of food additives, Gallic acid is used as a starting material such as Gallic acid esters and derivatives like propyl gallate, octyl gallate, lauryl gallate, and dodecyl gallate that decreases rancidity and work as preservatives. Propyl gallate, an antioxidant and antimicrobial agent is also being used in hair products, adhesives, and lubricants.
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Business Overview of Gallic Acid
The global market size of Gallic acid is anticipated to reach USD 111.4 million by the year 2026, from USD 71 million in the year 2020, at a CAGR of 7.8% during the year 2021-2026. The major key drivers for future market growth of Gallic acid will be growing demand from various end-use industries like pharmaceutical, food, cosmetic, and inks & dyes industry. The increasing levels of health-consciousness in humans worldwide for a healthy life and a healthy diet are encouraging healthy eating habits globally. Due to various natural properties in the Gallic acid-like anti-microbial, and antifungal & antibacterial, among others are growing the demand for Gallic acid-containing food. The factors that are increasing the demand for Gallic acid in the near future will be the application of Gallic acid to prevent and treating cardiovascular diseases and cancer along with its usage to calculating phenol content in the different industries, especially in the food and pharmaceutical industry.
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Conclusion
Niir Project Consultancy Services (NPCS) in their project report mention all the aspects of a business from analyzing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. Gallic Acid from Tannic Acid is also a project report by NPCS in which you can find all the trends of this business from the present year to the forecasted year.
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