Market Overview:
The global cosmetics grade hyaluronic acid market is expected to register a CAGR of 6.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for anti-aging products and rising awareness about the benefits of using hyaluronic acid in cosmetics products. Based on type, the global cosmetics grade hyaluronic acid market is segmented into animal tissue and microbial fermentation. The animal tissue segment is anticipated to account for a larger share of the market during the forecast period, owing to its high purity and better performance as compared to microbial fermentation-derived HA. Based on application, the global cosmetics grade hyaluronic acid market is segmented into skin care and makeup products. The skin care segment accounted for a larger share of the market in 2017, owing to increasing demand for anti-aging skincare products that contain HA as an active ingredient. However, with rising awareness about benefits of using HA in makeup products such as lipsticks and foundations,the makeup products segment is projectedto grow at a higher CAGR duringthe forecast period .
Product Definition:
Hyaluronic acid is a naturally occurring glycosaminoglycan found in the extracellular matrix of human tissues. It has been used as a cosmetic ingredient for many years because of its ability to impart hydration and volume to the skin. Cosmetic grade hyaluronic acid is purified and has a higher molecular weight than pharmaceutical grade hyaluronic acid, which makes it more effective at moisturizing the skin.
Animal Tissue:
Animal tissue is the raw material used for producing hyaluronic acid. The most commonly used animal source is bovine, which accounts for over 80% of the global market. Other sources include horse, porcine (pork), poultry (turkey), and aquaculture. Over 60% of HA produced on an industrial scale goes into cosmetics products due to its high water holding capacity and ability to retain moisture in the skin.
Microbial Fermentation:
Microbial fermentation is a process in which microbes are used to synthesize chemical products. Microbial fermentation is an old technology, which has been applied for the production of various chemicals such as alcohols, acids, and organic acids. The microbial fermentation technology has been developed into an efficient process over the past few decades owing to advancements in biotechnology and microbiology.
The microbial fermenation process involves using microorganisms such as bacteria.
Application Insights:
Skin care was the largest application segment and accounted for more than 50% of global cosmetics grade hyaluronic acid market in 2017. The product is used as a moisturizer, anti-aging agent, and skin softener. It helps to reduce dryness, wrinkles and pigmentation caused due to damage done by free radicals on the epidermis.
Hyaluronic acid plays an important role in various other applications such as pharmaceuticals, nutraceuticals & dietary supplements; it is used for manufacturing medicines & vaccines; lubricants & wetting agents; emulsifiers; dispersing agents; syrups and sweeteners among others. Increasing demand from these industries coupled with growing usage of hyaluronic acid derivatives are expected to drive growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This can be attributed to extensive research and development by key companies, availability of advanced products, and high demand for anti-aging products among consumers in this region. For instance, In January 2018, Bioderma Laboratories S.A., announced the results of its consumer study on aging skin with hyaluronic acid fillers that showed significant increase in product demand among U.S.
Asia Pacific is anticipated to witness a significant growth rate during the forecast period owing to rising disposable income levels coupled with increasing awareness about cosmetic procedures leading to an increased adoption rate amongst women population driving innovation.
Growth Factors:
- Increasing demand for anti-aging products: The global aging population is increasing, which is resulting in an increase in the demand for anti-aging cosmetics. This is driving the growth of the cosmetics grade hyaluronic acid market.
- Rising awareness about the benefits of hyaluronic acid: Hyaluronic acid has many benefits such as reducing wrinkles and fine lines, improving skin elasticity, and providing hydration. This is resulting in an increase in its demand, thereby driving the growth of the cosmetics grade hyaluronic acid market.
- Growing popularity of Korean skincare products: The Korean skincare industry is booming due to its focus on natural ingredients and innovative technologies. This is leading to an increase in the demand for Korean cosmetic products worldwide, which is benefiting the cosmetics grade hyaluronic acid market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cosmetics Grade Hyaluronic Acid Market Research Report
By Type
Animal Tissue, Microbial Fermentation
By Application
Skin Care, Makeup Products
By Companies
Bloomage Biotech, Focus Chem, Fufeng Group, AWA Biopharm, China Eastar Group, Kewpie, Contipro, Seikagaku, HTL Biotechnology, Fidia Farmaceutici
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Cosmetics Grade Hyaluronic Acid Market Report Segments:
The global Cosmetics Grade Hyaluronic Acid market is segmented on the basis of:
Types
Animal Tissue, Microbial Fermentation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Skin Care, Makeup Products
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bloomage Biotech
- Focus Chem
- Fufeng Group
- AWA Biopharm
- China Eastar Group
- Kewpie
- Contipro
- Seikagaku
- HTL Biotechnology
- Fidia Farmaceutici
Highlights of The Cosmetics Grade Hyaluronic Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Animal Tissue
- Microbial Fermentation
- By Application:
- Skin Care
- Makeup Products
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cosmetics Grade Hyaluronic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cosmetics grade hyaluronic acid is a high quality form of the molecule that is most commonly found in skin care products. It has been purified to remove impurities and it can be used in topical applications such as creams, lotions, and serums.
Some of the key players operating in the cosmetics grade hyaluronic acid market are Bloomage Biotech, Focus Chem, Fufeng Group, AWA Biopharm, China Eastar Group, Kewpie, Contipro, Seikagaku, HTL Biotechnology, Fidia Farmaceutici.
The cosmetics grade hyaluronic acid market is expected to grow at a compound annual growth rate of 6.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cosmetics Grade Hyaluronic Acid Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cosmetics Grade Hyaluronic Acid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cosmetics Grade Hyaluronic Acid Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cosmetics Grade Hyaluronic Acid Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cosmetics Grade Hyaluronic Acid Market Size & Forecast, 2020-2028
4.5.1 Cosmetics Grade Hyaluronic Acid Market Size and Y-o-Y Growth
4.5.2 Cosmetics Grade Hyaluronic Acid Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Animal Tissue
5.2.2 Microbial Fermentation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Skin Care
6.2.2 Makeup Products
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cosmetics Grade Hyaluronic Acid Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cosmetics Grade Hyaluronic Acid Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Animal Tissue
9.6.2 Microbial Fermentation
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Skin Care
9.10.2 Makeup Products
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Animal Tissue
10.6.2 Microbial Fermentation
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Skin Care
10.10.2 Makeup Products
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Animal Tissue
11.6.2 Microbial Fermentation
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Skin Care
11.10.2 Makeup Products
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Animal Tissue
12.6.2 Microbial Fermentation
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Skin Care
12.10.2 Makeup Products
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Animal Tissue
13.6.2 Microbial Fermentation
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Skin Care
13.10.2 Makeup Products
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cosmetics Grade Hyaluronic Acid Market: Competitive Dashboard
14.2 Global Cosmetics Grade Hyaluronic Acid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bloomage Biotech
14.3.2 Focus Chem
14.3.3 Fufeng Group
14.3.4 AWA Biopharm
14.3.5 China Eastar Group
14.3.6 Kewpie
14.3.7 Contipro
14.3.8 Seikagaku
14.3.9 HTL Biotechnology
14.3.10 Fidia Farmaceutici
