Press release
Salicylic Acid Market will experience considerable growth from food & beverage industry
salicylic acid market
Rise in use of salicylic acid in the preserved food & beverage industry, growing demand for aspirin drug, and surge in scope of application in personal care products have boosted the growth of global salicylic acid market. However, the fact that temporary exposure of salicylic acid may lead to skin irritation, breathing problems, and digestive disorders hampers the market growth. On the contrary, high adoption in medical cosmetics and increasing demand from developing economies such as the Asia-Pacific region are expected to open opportunities for the market players.
Download report Sample: https://www.alliedmarketresearch.com/request-sample/409
Covid-19 scenario: The emergence of Covid-19 has drastically impacted the global salicylic acid industry.
As per the United Nations Conference on Trade and Development (UNCTAD), the outbreak of Covid-19 has impacted the global FDI by 5–15%. This negative impact on FDI investment and raw materials and lockdown across various countries have hampered the market growth.
As the manufacturing sector is a major part of a country’s economy, the governments are focused on encouraging the sector. This would help regain the growth rate of salicylic acid market post this pandemic.
The global salicylic acid market is segmented on the basis of chemistry and geography. Based on chemistry, the market is divided into pharmaceutical applications, skincare, haircare, food preservatives & others, and geography. The pharmaceutical application is further divided into wart remover, disinfectant, antifungal, dentifrices, antiseptic, anti-irritant, scale lifter, and ointment. The skin care segment is further categorized into moisturizer, sunscreen, and acne solution. Moreover, the haircare segment is classified into shampoo and conditioner.
The pharmaceuticals segment held the largest share in 2019, accounting for around three-fourths of the market. However, the skin care segment is expected to register the highest CAGR of 10.2% during the forecast period.
Get Full Summary of This Report @ https://www.alliedmarketresearch.com/salicylic-acid-market
The global salicylic acid market is analyzed across several regions such as North America, Asia-Pacific, Europe, and LAMEA. The market across Europe held the largest share in 2019, accounting for more than one-third of the market. However, the market across the Asia-Pacific region is expected to register the highest CAGR of 7.7% during the forecast period.
The global salicylic acid market report includes an in-depth analysis of the major market players such as Siddharth Carbochem Products Ltd., Alta Laboratories Ltd., Novacyl, J.M Loveridge Ltd, Alfa Aesar, Hebei Jingye Group, Zhenjiang Gaopeng Pharmaceutical Ltd., Zhenjiang Maoyuan Chemical Co. Ltd., Avnochem Limited, and Shandong Xinhua Pharmaceutical Co. Ltd.
Get More Information:
https://www.openpr.com/news/2302657/unsaturated-polyester-resin-market-detailed-analysis
https://www.openpr.com/news/2255626/monoethylene-glycol-market-to-substantially-surge-the-revenues
https://www.openpr.com/news/2302695/glycolic-acid-market-size-share-detailed-segments-product
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
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 Salicylic Acid Market will experience considerable growth from food & beverage industry here
News-ID: 2303342 • Views: …
More Releases from Allied Market Research
Carnitine Supplements Market: Fueling Health and Wellness with Growing Consumer …
According to a new report published by Allied Market Research titled "Carnitine Supplements Market," The carnitine supplements market was valued at $194.50 million in 2021 and is estimated to reach $316.5 million by 2031, growing at a CAGR of 5.1% from 2022 to 2031.
📍Request Sample Report : https://www.alliedmarketresearch.com/request-sample/A31623
The global market for carnitine supplements is anticipated to witness significant growth, driven primarily by the increasing prevalence of excessive weight gain and…
Packaged Soup Market: Surge in Convenience Food Demand Propels Growth Amidst Pan …
"Packaged Soup Market by Product Type (Dried and Wet), End User (Commercial Sector and Household Sector), Packaging (Bottles, Canned and Packets), and Distribution Channel (Supermarket/Hypermarket, Online Store, Convenience Store, Food Service and Others): Global Opportunity Analysis and Industry Forecast, 2021-2027".As per the report, the global packaged soup industry was pegged at $11.75 billion in 2019 and is projected to reach $18.31 billion by 2027, growing at a CAGR of 6.3%…
Feta Cheese Market: Expanding Quick-Service Restaurants and Rising Demand for Pr …
"Feta Cheese Market by Source (Cow Milk, Sheep Milk, and Goat Milk), Type (Bulgarian Feta, French Feta, German Feta, and Others), and Distribution Channel (B2B and B2C Distribution): Global Opportunity Analysis and Industry Forecast, 2021-2028". As per the report, the global feta cheese industry was pegged at $10.5 billion in 2019, and is estimated to reach $15.6 billion by 2028, growing at a CAGR of 5.7% from 2021 to 2028.
Request…
Craft and Innovation Drive Growth in Global Dark Spirits Market: Insights and Tr …
According to a recent report from Allied Market Research, titled "Dark Spirits Market by Type and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021-2027," the global dark spirits market was valued at $87.2 billion in 2019. It is projected to reach $129.1 billion by 2027, with a compound annual growth rate (CAGR) of 6.4% from 2021 to 2027.
𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐆𝐫𝐚𝐩𝐡𝐬 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬 @ https://www.alliedmarketresearch.com/request-sample/10652
In recent years, the global…
More Releases for CAGR
Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.…
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn.
Predictive analytics is segmented into:
Risk management:…
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s…
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more…
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012…
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population.
ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and…
