Press release
Sericin 2021 to 2031: Historical Trends Vs Future Projections
Moreover, relatively higher number of researches are on to identify newer uses of sericin in the field of pharmaceuticals and cosmetics. This is due to the fact that, sericin has superior biocompatibility, and as such, is used in numerous pharmaceutical formulations.
To remain ‘ahead’ of your competitors, request for a sample - https://www.factmr.com/connectus/sample?flag=S&rep_id=3248
In addition to this, sericin usage in cosmetic products leads to an increase in hydration, thereby provide anti-aging and anti-wrinkle effects, which is widely sought-after by millennials, and is causing a rise in demand of cosmetic products worldwide.
As per the report published by Fact.MR, the sericin market is anticipated to surpass a valuation of US$ 289.3 Mn in 2021, and is poised to expand at a healthy CAGR of close to 6% over the forecast period of 2021 to 2031.
Key Takeaways from Market Study
The sericin market is anticipated to add 1.8X value by 2031 as compared to 2021.
Browse Full Report on - https://www.factmr.com/report/3248/sericin-market
Personal care & cosmetic applications capture a major share, equivalent to two-third of the global sericin market, and are set to create an absolute $ opportunity of around US$ 149.3 Mn over 2021-2031.
The skincare segment is anticipated to gain around 179 BPS over the next ten years.
Solid sericin is anticipated to gain around 3.2 BPS over the forecast period, and create an absolute $ opportunity of around US$ 155 Mn by 2031.
Europe is set to dominate market revenue, and is expected to gain 72 BPS in its market share by 2031.
However, Asia Pacific is poised to be the growth hotspot over the forecast period, and is expected to create an absolute $ opportunity of around US$ 61 Mn by 2031.
The market in China and India is set to expand at high CAGRs of 7% and 7.5%, respectively.
Due to the onset of COVID-19, market growth (-0.1%) was hit in 2020; however, sales are increasing and the growth rate for 2021 is pegged at around 5%.
“Plethora of researches to improve extracted sericin quality and identify newer use cases are expected to aid market growth,” says a Fact.MR analyst.
Connect To An Expert - https://www.factmr.com/connectus/sample?flag=AE&rep_id=3248
Vital players have been spending on research & development, and a plethora of researches are going on to identify newer use cases of sericin in the field of pharmaceuticals, dietary supplements, and textiles. This is expected to be a factor driving demand for sericin over the coming years.
More Valuable Insights
Fact.MR, in its new offering, presents an unbiased analysis of the global sericin market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031.
The study divulges essential insights on the market on the basis of form (solid and liquid)
application (personal care & cosmetics [hair care, skincare, and others], pharmaceuticals, and others), across five major regions of the world (North America, Latin America, Europe, Asia Pacific and the Middle East & Africa).
For critical insights on this market, request for methodology here - https://www.factmr.com/connectus/sample?flag=RM&rep_id=3248
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sericin 2021 to 2031: Historical Trends Vs Future Projections here
News-ID: 2269802 • Views: …
More Releases from Fact.MR
Superfoods - Top Global Industry Trends in 2026
The global superfoods market is experiencing significant expansion, driven by growing consumer interest in preventive healthcare, nutritional optimization, and functional food solutions. Superfoods-including antioxidant-rich fruits, nutrient-dense vegetables, ancient grains, seeds, herbs, and roots-are increasingly incorporated into everyday diets, dietary supplements, beverages, and functional foods. This report provides insights into market size, growth drivers, European dynamics, technology trends, and strategic implications for stakeholders.
Market Size and Growth
Globally, the superfoods market is projected…
European Semiconductor Chemical Vapor Deposition Equipment Market Outlook 2025-2 …
The European semiconductor chemical vapor deposition (CVD) equipment market is poised for robust growth from 2025 to 2035, driven by rising semiconductor fabrication investments, increasing adoption of advanced manufacturing processes, and growing demand for next-generation electronic devices. CVD equipment-including atmospheric-pressure CVD, low-pressure CVD, metal-organic CVD, and density-plasma CVD systems-is essential for precise thin film deposition, enabling high-performance semiconductor device fabrication for logic chips, memory chips, analog devices, and optoelectronics. This…
European Stick Packaging Market Outlook 2025-2035: Key Developments and Future S …
The European stick packaging market is poised for strong growth from 2025 to 2035, driven by rising consumer demand for convenient, single-serve packaging solutions, increasing adoption of sustainable materials, and technological advancements in flexible packaging formats. Stick packaging-including BOPP, PE, paper, metallized films, and hybrid formats-plays a critical role in food, beverage, pharmaceutical, and cosmetic applications, providing portion control, product protection, and hygiene benefits. This report highlights market size, growth…
European Manganese Mining Market Outlook 2025-2035: Key Developments and Future …
The European manganese mining market is set for steady growth between 2025 and 2035, driven by increasing demand from the steel and battery manufacturing sectors, rising infrastructure investments, and the expansion of electric vehicle production. Manganese, a critical component in steel alloys and lithium-ion battery cathodes, plays a vital role in enhancing structural integrity, corrosion resistance, and electrochemical performance. This report highlights market size, growth drivers, regional dynamics, technology trends,…
More Releases for Unit
Global Transcutaneous Electrical Nerve Stimulation Unit Market, Transcutaneous E …
Global Transcutaneous Electrical Nerve Stimulation Unit Market Overview:
The Transcutaneous Electrical Nerve Stimulation Unit market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Transcutaneous Electrical Nerve Stimulation Unit market has experienced significant growth, driven by factors such as increasing consumer demand,…
Glycol Dehydration Unit Market Glycol Dehydration Unit Market 2028
Persistence Market Research delivers key insights on the global glycol dehydration unit market, in its report titled, 'Glycol Dehydration Unit Market: Global Industry Analysis 2013-2017 and Forecast 2018-2028'. Over the forecast years, the global glycol dehydration unit market is expected to show a positive outlook.
The market value is expected to increase at a healthy pace over the forecast period. Based on the glycol type segment, the triethylene glycol segment is…
Biodiesel Processing Unit
While reserves of petroleum are decreasing every passing day, energy consumption is increasing at 6.5% per annum. And for solving this issue many countries are implementing new policies for minimizing the usage of fossil fuels and increase the use of alternative sources like solar power and Biodiesel. Biodiesel is a diesel fuel substitute made from a variety of oils, fats, and greases which can become a cheaper alternative to fossil…
Jackfruit Processing Unit
The fruit processing sector has some undoubtedly potential Business Ideas, and Jackfruits processing is highly recommended because jackfruits are highly perishable tropical fruits, which helps in improving the immunity, replenishes the energy, cardiovascular health, regulates Blood Pressure, Digestion, treats the skin diseases, prevent/control asthma and many more awesome advantages of jackfruit consumption.
Rising demand for processed fruit product for secondary preparations, rising income, and resultant increased spending on food items is…
Pomegranate Processing unit
India is the second largest producer of Pomegranates in the world after Iran, still contributes only 5% pomegranate related international trades. India produces the finest edible Pomegranates, which are available almost throughout the year, which provides a tremendous potential for export of Pomegranate and its products from India.
Processing of the Pomegranates becomes essential in order to increase the utilization and reduce the wastage of the fruit. Pomegranates being rich in…
Coconut Processing Unit
Coconut is an important fruit in the Indian economy as the country is listed among the top Coconut producing countries in the world. The contribution of Coconut is about ₹27900 crore to India’s Gross Domestic Product (GDP).
Today's improved economic stability, spending power, nutritional requirements, and awareness are pushing consumers to shift their preferences.
Currently, Coconut water, Coconut milk/cream and Virgin Coconut Oil (VCO) are expected to be main growth drivers for…
