Market Overview:
The global hyaluronic acid API market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for hyaluronic acid from the cosmetics, medical, and food industries. In addition, the growing awareness about the benefits of hyaluronic acid is also contributing to its growth. The animal tissue segment is expected to dominate the global hyaluronic acid API market during the forecast period. This segment accounted for a majority share of the market in 2017 and is projected to maintain its dominance duringthe forecast period. The microbial fermentation segment is projectedto grow at a higher CAGR than other segmentsduringthe forecastperiod owingtoits high potentialin emergingmarkets such as Latin America and Asia Pacific.
Product Definition:
Hyaluronic acid (HA) is a glycosaminoglycan, an essential component of the extracellular matrix of connective tissues throughout the body. HA is present in high concentrations in synovial fluid, where it acts as a lubricant and shock absorber in joints. It also occurs throughout the body in skin, hair follicles, and blood vessels. The average person's body contains about 15 grams of hyaluronic acid.
Animal Tissue:
Animal tissue is used as a raw material in the production of hyaluronic acid. The primary sources for animal tissues are pork, beef, chicken and fish. Animal based products account for over 50% of the total hyaluronic acid consumption globally. It has been observed that increasing awareness among consumers regarding animal sourced products has led to an increase in their demand which is expected to drive industry growth over the forecast period.
Microbial Fermentation:
Microbial fermentation is the process of converting sugar into ethanol and carbon dioxide. It involves a combination of microorganisms such as bacteria, yeasts, and fungi. Bacteria are used for the conversion of sugar into ethanol while yeast convert some part of the sugar into carbon dioxide.
Application Insights:
The medical application segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. The product finds applications in medical devices, implants, and pharmaceuticals owing to its properties of being a naturally occurring substance with no known toxicity. It has been used as an effective wound healing agent that helps in reducing inflammation while promoting tissue repair.
Hyaluronic acid also plays a key role as a lubricant and shock absorber in biological systems which makes it highly valued within the cosmetic industry. It is used extensively within anti-aging products due to its ability to stimulate collagen production which helps improve skin elasticity and reduce wrinkles caused due to expression lines or crow¢â‚¬â„¢s feet around the eyes area on human faces.
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017, owing to the high prevalence of osteoarthritis and increasing geriatric population in this region. According to a study published by National Center for Health Statistics (NCHS), in 2015 around 17.9 million people aged 65 years and older suffered from osteoarthritis pain severe enough to require medication.
Asia Pacific is anticipated to witness lucrative growth during the forecast period due its rapidly expanding medical sector coupled with improving healthcare infrastructure & facilities especially in emerging countries such as China, India.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily owing to the increasing preference for minimally invasive procedures over traditional open surgery procedures, due to their shorter recovery time and lesser surgical trauma. Hyaluronic acid-based products are extensively used in various types of minimally invasive surgeries, such as arthroscopy, cataract surgery, and cosmetic surgery, thereby driving the growth of the hyaluronic acid API market.
- Rising prevalence of joint diseases: The global prevalence of joint diseases is estimated to be around 1 billion people and is expected to increase further in the coming years due to aging population and rising obesity rates across the globe. Joint diseases are characterized by inflammation and damage or loss of cartilage that leads to pain and restricted movement in joints. Hyaluronic acid-based products are widely used as treatment options for various joint diseases such as osteoarthritis, rheumatoid arthritis, psoriatic arthritis etc., thereby propelling the growth of hyaluronic acid API market
Scope Of The Report
Report Attributes
Report Details
Report Title
Hyaluronic Acid API Market Research Report
By Type
Animal Tissue, Microbial Fermentation
By Application
Cosmetics, Medical, Food
By Companies
Bloomage Biotech, Focus Chem, Fufeng Group, AWA Biopharm, China Eastar Group, Kewpie, Contipro, Seikagaku, HTL Biotechnology, Fidia Farmaceutici, Bloomage Biotech
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Hyaluronic Acid API Market Report Segments:
The global Hyaluronic Acid API 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
Cosmetics, Medical, Food
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
- Bloomage Biotech
Highlights of The Hyaluronic Acid API 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:
- Cosmetics
- Medical
- Food
- 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 Hyaluronic Acid API 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?
Hyaluronic Acid API is a natural and synthetic form of hyaluronic acid. It is a clear, colorless to slightly yellow liquid with a characteristic odor. Hyaluronic Acid API can be used in pharmaceuticals, cosmetics, food and beverage products.
Some of the major companies in the hyaluronic acid api market are Bloomage Biotech, Focus Chem, Fufeng Group, AWA Biopharm, China Eastar Group, Kewpie, Contipro, Seikagaku, HTL Biotechnology, Fidia Farmaceutici, Bloomage Biotech.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hyaluronic Acid API 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 Hyaluronic Acid API Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hyaluronic Acid API 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 Hyaluronic Acid API 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 Hyaluronic Acid API Market Size & Forecast, 2018-2028
4.5.1 Hyaluronic Acid API Market Size and Y-o-Y Growth
4.5.2 Hyaluronic Acid API Market Absolute $ Opportunity
Chapter 5 Global Hyaluronic Acid API 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 Hyaluronic Acid API 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 Hyaluronic Acid API 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 Hyaluronic Acid API Market Size Forecast by Applications
6.2.1 Cosmetics
6.2.2 Medical
6.2.3 Food
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hyaluronic Acid API 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 Hyaluronic Acid API 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 Hyaluronic Acid API Analysis and Forecast
9.1 Introduction
9.2 North America Hyaluronic Acid API 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 Hyaluronic Acid API 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 Hyaluronic Acid API Market Size Forecast by Applications
9.10.1 Cosmetics
9.10.2 Medical
9.10.3 Food
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 Hyaluronic Acid API Analysis and Forecast
10.1 Introduction
10.2 Europe Hyaluronic Acid API 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 Hyaluronic Acid API 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 Hyaluronic Acid API Market Size Forecast by Applications
10.10.1 Cosmetics
10.10.2 Medical
10.10.3 Food
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 Hyaluronic Acid API Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hyaluronic Acid API 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 Hyaluronic Acid API 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 Hyaluronic Acid API Market Size Forecast by Applications
11.10.1 Cosmetics
11.10.2 Medical
11.10.3 Food
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 Hyaluronic Acid API Analysis and Forecast
12.1 Introduction
12.2 Latin America Hyaluronic Acid API 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 Hyaluronic Acid API 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 Hyaluronic Acid API Market Size Forecast by Applications
12.10.1 Cosmetics
12.10.2 Medical
12.10.3 Food
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) Hyaluronic Acid API Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hyaluronic Acid API 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) Hyaluronic Acid API 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) Hyaluronic Acid API Market Size Forecast by Applications
13.10.1 Cosmetics
13.10.2 Medical
13.10.3 Food
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 Hyaluronic Acid API Market: Competitive Dashboard
14.2 Global Hyaluronic Acid API 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
14.3.11 Bloomage Biotech
