The global hyaluronic acid market is anticipated to grow at a significant CAGR of around 9.5% during the forecast period. The hyaluronic acid market is expected to increasing owing to its various beneficial characteristics, that includes increased hydration, improves elasticity, reverses free radical damage, and protection from UV damage. Additionally, these products are strongly been adopted due to their use of these products in a wide range of applications such as aesthetics, osteoarthritis, and cosmetics and among other procedures. For instance, in March 2022, Givaudan Active Beauty launched Cristalhyal™ e-Perfection, which redefines hyaluronic acid (HA). This new product is a combination of HA and bentonite clay and is specifically for beauty brands it acts as a sensoriality booster, that brings softness to the formula through its satin touch.
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However, the various side effects such as skin infections, immune-related problems due to an excessive amount of chemicals, and the high amount of acid present in hyaluronic acid are hampering the market growth. Whereas, the new and natural or low chemical based and less acidic products being developed can create huge opportunities for the key players owing to it the demand for natural products will be increased.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Hyaluronic Acid Market by Grade
- Food Grade
- Cosmetic Grade
- Pharmaceutical Grade
Global Hyaluronic Acid Market by Application
- Cosmetics
- Aesthetics
- Osteoarthritis
- Ophthalmology
- Pharmaceutical
- Dietary Supplements
- Others
Global Hyaluronic Acid Market by End-User
- Food Industry
- Personal Care
- Pharmaceutical Industry
- Dermatology Clinics & Cosmetic Surgery Centers
- Others
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Anika Therapeutics
- Bioiberica S.A.U.
- Bioplus Co., Ltd.
- Bloomage Biotechnology Corp. Ltd.
- Ferring Pharmaceuticals Inc.
- Galderma SA
- Kikkoman Corp.
- Laboratoires Vivacy, S.A.S.
- Landec Corp
- LG Chem
- Lifecore
- Liuzhou Shengqiang Biotech Co.,Ltd.
- Seikagaku Corp.
- Shijiazhuang Lateen Chemical Co., LTD
- Shiseido Co., Ltd.
- SKIN TECH PHARMA GROUP, S.L
- Smith & Nephew
- SpecialChem S.A.
- SYMATESE
- Suneva Medical
- Teoxane SA
- VITAL ESTHETIQUE
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global hyaluronic acid market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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