Hyaluronic Acid Market Key Players, Industry Trends and Size, Forecast Analysis by 2027
Research Reports
Jan 27, 2021
The growing application of hyaluronic acid in cosmetic & personal care products is estimated to create lucrative opportunities in the hyaluronic acid market through the forecast period. The preference for plastic surgeries has also grown significantly, and this is estimated to benefit the hyaluronic acid market.
The rise in the number of cosmetic surgeries is estimated to boost the hyaluronic acid market. The healthcare reports are made by Market Research Future, which includes market options for development. A CAGR of 7.02% is anticipated to touch USD 18,153.6 Million in earnings by 2025.
Segmental Analysis
The segmental appraisal of the hyaluronic acid market has been segmented based on grade, application, end-user, and region. Based on the grade, the hyaluronic acid market is segmented into pharmaceutical grade, cosmetic grade, and food grade.
Based on the application, the hyaluronic acid market has been segmented into osteoarthritis, ophthalmology, pharmaceutical API, cosmetics, aesthetics, dietary supplements, and others.
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Based on the regions, the hyaluronic acid market is segmented into Europe, the Middle East, Asia Pacific, Africa, and the Americas.
Detailed Regional Analysis
The regional examination of the hyaluronic acid market is segmented into Europe, the Middle East, Asia Pacific, Africa, and the Americas. The Americas’ hyaluronic acid market is likely to govern the hyaluronic acid market. The development in this region can be accredited to the elevated demand for the product in the pharmaceutical industry. The occurrence of a big pharmaceutical base in the US is a critical driver for the development of the regional hyaluronic acid market.
Moreover, numerous important companies in the market are obtaining regional vendors to strengthen their place in the hyaluronic acid market. The European region’s share is attributed to the collective application of hyaluronic acid in cosmetic & personal care products. The region in the Asia Pacific is appraised to be the fastest increasing region in the hyaluronic acid market. This is due to the growing demand for hyaluronic acid and a mounting number of cosmetic surgeries powering the advance of the hyaluronic acid market in the region.
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Competitive Analysis
The distinguished contenders in the hyaluronic acid market are Contipro AS, Seikagaku Corporation, Symatese Group, Altergon Italia SRL, Allergan, Fidia Farmaceutici SPA, Zhonglan Industry Co., Ltd, Bioiberica SAU, Kewpie Corporation, and Anika Therapeutics.
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