Market Overview:
DL-Mandelic acid is an aromatic organic compound with the molecular formula C8H10O3. It is a white solid that is soluble in water and ethanol. DL-Mandelic acid occurs naturally in many plants, fruits, and vegetables. It has a wide range of applications in pharmaceuticals, cosmetics, and chemical industries. The global DL-Mandelic Acid market was valued at US$ XX million in 2017 and is projected to reach US$ XX million by 2030, registering a CAGR of XX% during the forecast period (2018–2030). The global DL-Mandelic Acid market can be segmented on the basis of type into liquid DL-mandelic acid and solid Dl mandelic acid. On the basis of application, the market can be segmented into pharmaceutical industry, chemical industry, food & beverage industry etc.
Product Definition:
DL-Mandelic acid is a white crystalline powder that is used as a flavoring agent and an antioxidant. It has the ability to scavenge free radicals and inhibit the oxidation of lipids. DL-Mandelic acid also has anti-inflammatory properties and can be used to treat acne.
Liquid DL-Mandelic Acid:
Liquid DL-Mandelic Acid, also known as 5-(2-hydroxypropyl) -1, 3-butanediol is a white crystalline solid and is soluble in water (2.5 g/100 mL), ethanol (0.4 g/100 mL) and diethyl ether (8 mg/100 mL). It has applications in the food industry as an acidulant and flavor enhancer.
Solid DL-Mandelic Acid:
Mandelic acid, 4-oxopentanoic acid, and 5-hydroxytryptophan are the key raw materials used for manufacturing DL-Mandelic Acid. The most common method of producing this product is by using a chemical reaction between mandelate or d-mandelyl sulfate and boric acid. Other methods include hydrolysis of mandelonitrile (MAN) and calcium salt formation followed by oxidation with ozone.
Application Insights:
The pharmaceutical industry is anticipated to emerge as the fastest-growing segment over the forecast period owing to factors such as increasing use of mandelic acid derivatives in manufacturing generic drugs. The chemical industry also holds considerable growth potential for this market, with a number of key players focusing on R&D activities pertaining toDL-mandelic acid.
In 2017, COVID-19 pandemic caused disruption in various industries including pharmaceutical and food processing. As a result, demand for DL-mandelic acid has increased from these sectors which will positively impact the overall market growth over the coming years. In addition, COVID-19 has also led to an increase in demand for natural health products which further supports market growth during this transitional phase when consumers look towards alternative medicine options other than modern medical treatments due to several reasons such as lack of faith on modern medicine and doctor's advice due to ongoing crisis situation across globe (economic burden caused by pandemic).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of manufacturers coupled with cheap labor costs in this region has attracted many pharmaceutical and chemical companies to set up their manufacturing units in this region. China, India, Japan, South Korea are some of the countries where most pharmaceuticals and chemicals are manufactured owing to low production cost as compared to other developed regions such as North America or Europe. This trend is projected to continue over the forecast period which will benefit market growth.
North America was estimated at USD X million in 2017 on account of high consumer awareness along with technological advancements pertaining rising health issues due to heavy consumption of harmful chemicals such as pesticides, fertilizers etc., especially among farmers community across U.S., Canada & Mexico has compelled major chemical producers/importers etc.
Growth Factors:
- Increasing demand for natural and organic cosmetics products
- Rising awareness about the benefits of DL-Mandelic Acid among consumers
- Growing popularity of anti-aging skin care products
- Proliferation of online retail channels
- Increasing investment by cosmetics companies in research and development
Scope Of The Report
Report Attributes
Report Details
Report Title
DL-Mandelic Acid Market Research Report
By Type
Liquid DL-Mandelic Acid, Solid DL-Mandelic Acid
By Application
Pharmaceutical Industry, Chemical Industry
By Companies
Keyuan Biopharm, Runder Pharmda, Zhongke Hua Ang, Hanhong, Xinhetai Science & Technology, Smart Chemicals, BIOTEC, Chunwangda, TNJ, FUXING, Keyuan Biopharm
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
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global DL-Mandelic Acid Market Report Segments:
The global DL-Mandelic Acid market is segmented on the basis of:
Types
Liquid DL-Mandelic Acid, Solid DL-Mandelic Acid
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
Pharmaceutical Industry, Chemical Industry
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:
- Keyuan Biopharm
- Runder Pharmda
- Zhongke Hua Ang
- Hanhong
- Xinhetai Science & Technology
- Smart Chemicals
- BIOTEC
- Chunwangda
- TNJ
- FUXING
- Keyuan Biopharm
Highlights of The DL-Mandelic 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:
- Liquid DL-Mandelic Acid
- Solid DL-Mandelic Acid
- By Application:
- Pharmaceutical Industry
- Chemical Industry
- 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 DL-Mandelic 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
DL-Mandelic acid is a natural compound found in the skin and hair. It is used to treat conditions such as acne, psoriasis, and eczema.
Some of the major companies in the dl-mandelic acid market are Keyuan Biopharm, Runder Pharmda, Zhongke Hua Ang, Hanhong, Xinhetai Science & Technology, Smart Chemicals, BIOTEC, Chunwangda, TNJ, FUXING, Keyuan Biopharm.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 DL-Mandelic 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 DL-Mandelic Acid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 DL-Mandelic 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 DL-Mandelic 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 DL-Mandelic Acid Market Size & Forecast, 2020-2028
4.5.1 DL-Mandelic Acid Market Size and Y-o-Y Growth
4.5.2 DL-Mandelic 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 Liquid DL-Mandelic Acid
5.2.2 Solid DL-Mandelic Acid
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 Pharmaceutical Industry
6.2.2 Chemical Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global DL-Mandelic 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 DL-Mandelic 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 Liquid DL-Mandelic Acid
9.6.2 Solid DL-Mandelic Acid
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 Pharmaceutical Industry
9.10.2 Chemical Industry
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 Liquid DL-Mandelic Acid
10.6.2 Solid DL-Mandelic Acid
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 Pharmaceutical Industry
10.10.2 Chemical Industry
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 Liquid DL-Mandelic Acid
11.6.2 Solid DL-Mandelic Acid
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 Pharmaceutical Industry
11.10.2 Chemical Industry
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 Liquid DL-Mandelic Acid
12.6.2 Solid DL-Mandelic Acid
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 Pharmaceutical Industry
12.10.2 Chemical Industry
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 Liquid DL-Mandelic Acid
13.6.2 Solid DL-Mandelic Acid
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 Pharmaceutical Industry
13.10.2 Chemical Industry
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 DL-Mandelic Acid Market: Competitive Dashboard
14.2 Global DL-Mandelic Acid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Keyuan Biopharm
14.3.2 Runder Pharmda
14.3.3 Zhongke Hua Ang
14.3.4 Hanhong
14.3.5 Xinhetai Science & Technology
14.3.6 Smart Chemicals
14.3.7 BIOTEC
14.3.8 Chunwangda
14.3.9 TNJ
14.3.10 FUXING
14.3.11 Keyuan Biopharm
