Hyaluronic Acid Market-Overview
The amplified trend related to skin upkeep and maintenance is estimated to encourage the hyaluronic acid market. The market’s report is efficiently analyzed as per MRFR, which provides outlooks for the global markets. The market is estimated to gain a CAGR growth of 6.77% and direct to income levels worth USD 19945.4 Million by 2025.
The availability of customized product ranges is estimated to add impetus to the hyaluronic acid market share in the forthcoming period. The escalation in demand in the aging population is estimated to add to the development of the hyaluronic acid market in the forecast period.
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Hyaluronic Acid Market Segmental Analysis
The segmental evaluation of the hyaluronic acid market is carried out on the basis of end-user, application, grade, and region. The end-user segment of the hyaluronic acid market consists of the food industry, dermatology clinics, pharmaceutical industry, and cosmetic surgery clinics. The application segment of the hyaluronic acid market consists of osteoarthritis, aesthetics, pharmaceutical API, cosmetics, ophthalmology, and dietary supplements. The grade segment of the hyaluronic acid market consists of cosmetic grade, pharmaceutical grade, and food grade. The region segment of the hyaluronic acid market consists of the Americas, Europe, the Middle East, Asia-Pacific and Africa.
Hyaluronic Acid Market Regional Overview
The regional examination of the hyaluronic acid market includes regions such as the Americas, Europe, the Middle East, Asia-Pacific and Africa. The United States and Canada predominantly lead the North American region. It is believed that they will have controlled the market. They have a well-developed healthcare business because of their great knowledge of new technology and early adoption of new discoveries and treatments connected to skincare. This is one of the most important factors that will boost product demand in this region. Companies based in Spain, the United Kingdom, France, Italy, and Germany dominate the European market. The hyaluronic acid market is predicted to increase significantly due to new product developments and the growing cosmetics sector, which is strongly supported by regulatory authorities. In the Asia-Pacific region, the hyaluronic acid market is predicted to rise steadily. It has been noticed that continued advancements in technology and healthcare services would positively impact product demand. Investments will aid the industry’s expansion in research and development.
Hyaluronic Acid Market Competitive Analysis
The reformative trends that are forming the global market are anticipated to lift the market. The use of technology and a strategy-based approach is likely to increase the likelihood of future success. Many government agencies are providing fiscal stimulus to help their national markets recover, which is expected to boost global demand. The industry’s growth is expected to be fueled by market businesses’ investments in building strong e-commerce and retail channels. In the following months, the creation of strong delivery chains is expected to accelerate developments. The increase in the rate of innovation is expected to open up new market opportunities. The market’s heightened focus on high-revenue decision-making is expected to hasten its return to normalcy in the coming months. Organizations want to invest in technology and innovation for the post-COVID-19 future and need to maintain resilience for the next major upheaval. However, many companies are yet to address the delayed risks and potential vulnerabilities introduced during the pandemic’s growth ability. The signing of several international trade agreements is expected to boost the expansion of the market’s economy.
The vital players in the hyaluronic acid market are
- Symatese Group
- Anika Therapeutics
- Bioiberica S.A.U
- Contipro A.S
- Fidia Farmaceutici S.P.A.
- Kewpie Corporation
- Allergan Plc
- Seikagaku Corporation
- Altergon Italia Srl.
Aug 2021 Maryann, a top professional skincare company, has launched a Vitamin C Serum with Hyaluronic Acid. The serum contains potent antioxidants that moisturize, heal, and protect sun-damaged skin, leaving it smoother and less hyperpigmented. Hyaluronic acid is a naturally occurring substance that aids in the retention of moisture in the skin. Maryann’s new Vitamin C Serum contains hyaluronic acid, which keeps skin hydrated and supple without leaving a greasy sheen. Antibacterial properties of hyaluronic acid can help to minimize the risk of infection.
Jul 2021 According to researchers at the Japanese firm, the body transforms HA into assimilable oligosaccharide forms that result in increased skin hydration and collagen formation through a gut microbiota-related mechanism. The findings, presented at the International Society for Hyaluronan Sciences (ISHAS) conference recently, add to how oral Hyaluronic Acid consumption might affect skin health from within.
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVE ANALYSIS 18
1.1.1 GLOBAL HYALURONIC ACID MARKET, BY GRADE 18
1.1.2 GLOBAL HYALURONIC ACID, BY APPLICATION 19
1.1.3 GLOBAL HYALURONIC ACID, BY END USER 20
2 MARKET INTRODUCTION
2.1 DEFINITION 21
2.2 SCOPE OF THE STUDY 21
2.3 MARKET STRUCTURE 21
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS 22
3.2 PRIMARY RESEARCH 23
3.3 SECONDARY RESEARCH 24
3.4 MARKET SIZE ESTIMATION 25
3.5 FORECAST MODEL 26
3.6 LIST OF ASSUMPTIONS & LIMITATIONS 26
4 MARKET DYNAMICS
4.1 INTRODUCTION 27
4.2 DRIVERS 28
4.2.1 INCREASING APPLICATION OF HYALURONIC ACID IN COSMETIC & PERSONAL CARE PRODUCTS 28
4.2.2 INCREASING NUMBER OF COSMETIC SURGERIES 29
4.2.3 EXTENSIVE USE OF HYALURONIC ACID IN THE TREATMENT OF OSTEOARTHRITIS AND DRY EYE 30
4.3 RESTRAINTS 32
4.3.1 AVAILABILITY OF SUBSTITUTES 32
4.4 OPPORTUNITY 33
4.4.1 EXTENSIVE RESEARCH AND DEVELOPMENT ASSOCIATED WITH HYALURONIC ACID 33
4.5 TREND 33
4.5.1 USE OF HYALURONIC ACID AS AN ANIMAL SUPPLEMENT 33
LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS 26
TABLE 2 GLOBAL HYALURONIC ACID MARKET, BY GRADE, 2020–2027 (USD MILLION) 40
TABLE 3 GLOBAL HYALURONIC ACID MARKET FOR COSMETIC GRADE, BY REGION, 2020–2027 (USD MILLION) 41
TABLE 4 GLOBAL HYALURONIC ACID MARKET FOR PHARMACEUTICAL GRADE, BY REGION, 2020–2027 (USD MILLION) 41
TABLE 5 GLOBAL HYALURONIC ACID MARKET FOR FOOD GRADE, BY REGION, 2020–2027 (USD MILLION) 42
TABLE 6 GLOBAL HYALURONIC ACID MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 44
TABLE 7 GLOBAL HYALURONIC ACID MARKET FOR AESTHETICS, BY REGION, 2020–2027 (USD MILLION) 44
TABLE 8 GLOBAL HYALURONIC ACID MARKET FOR OSTEOARTHRITIS, BY REGION, 2020–2027 (USD MILLION) 45
TABLE 9 GLOBAL HYALURONIC ACID MARKET FOR PHARMACEUTICAL API, BY REGION, 2020–2027 (USD MILLION) 46
TABLE 10 GLOBAL HYALURONIC ACID MARKET FOR COSMETICS, BY REGION, 2020–2027 (USD MILLION) 47
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