Press release
Ophthalmic Application Of Hyaluronic Acid Currently Accounts For A Value Of Over US$ 2 Billion In The Global Market
Latest industry survey by Fact MR, predicts Hyaluronic Acid sales to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.
The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.
To remain 'ahead' of your competitors, request for a sample - https://www.factmr.com/connectus/sample?flag=S&rep_id=7425
The report offers actionable and valuable market insights of Hyaluronic Acid. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Hyaluronic Acid across various industries and regions.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Hyaluronic Acid. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Hyaluronic Acid
This newly published and insightful report sheds light on Market Insights of Hyaluronic Acid, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Hyaluronic Acid.
Need more information about Report Methodology? Click here - https://www.factmr.com/connectus/sample?flag=RM&rep_id=7425
Hyaluronic acid plays a crucial role in our body and provides lubrication between connective tissues and bones. Ill-eating habits have resulted in lower levels of hyaluronan in individuals and subsequently increased the sales of hyaluronic acid supplements. The increasing geriatric population is also expected to supplement the consumption of hyaluronic acid capsules across the world.
Hyaluronic acid demand rose at a CAGR of 5.7% from 2017 to 2021 and accounted for a net worth of US$ 10.71 billion at the end of 2021.
Increasing popularity of the dermal filler properties of hyaluronic acid is expected to drive the hyaluronic acid products market across the forecast period. Hyaluronic acid serums, hyaluronic acid moisturizers, hyaluronic acid masks, hyaluronic acid powder, and hyaluronic acid sheet masks are some prominent products that are expected to see high demand owing to the rising focus on personal care.
Increasing disposable income, rising incidence of osteoarthritis, and rising preference of cosmetic brands to use hyaluronic acid in manufacturing are expected to be prominent hyaluronic acid market trends over the coming years.
Shipments of hyaluronic acid are anticipated to witness an increase at a CAGR of 7.9% from 2022 to 2032.
What Factors Could Result in Increased Hyaluronic Acid Market Revenue?
"Rising Focus on Personal Care to Drive Demand for Hyaluronic-based Products"
Aesthetic awareness among the general population has substantially increased over the past few years owing to the rising penetration of social media and the growing influence of celebrities. Consumption of hyaluronic acid supplements is expected to rise as the popularity of their anti-aging effect increases.
Hyaluronic acid for skin-based applications and hyaluronic acid for hair-based applications are expected to see a prominent increase throughout the forecast period. Rising preference for organic products is expected to drive demand for organic hyaluronic acid powder, and this is expected to adversely affect synthetic hyaluronic acid sales through 2032.
Increasing disposable income is also expected to boost sales in the personal care segment. All of these factors are expected to make the personal care segment a target market for hyaluronic acid over the years to come.
Key Companies Profiled
Allergan Plc
Symatese
Zhonglan Industry Co. Ltd.
Altergon Italia Srl
Fidia Farmaceutici s.p.a.
Bioiberica S.A.U.
Kewpie Corporation's
Seikagaku Corporation
Anika Therapeutics Inc.
Sanofi
Ferring B.V.
Viatris Inc.
Contipro AS
AlfaSagittarius
Croma-Pharma
Zimmer Biomet
Lifecore Biomedical LLC
LG Chem
Bioventus LLC
Smith & Nephew plc
Shanghai Jingfeng Pharmaceutical Co. Ltd.
Nestle (Galderma)
Bausch Health Companies Inc. (Salix Pharmaceuticals Inc.)
Full Access of this Exclusive Report is Available at - https://www.factmr.com/checkout/7425
Competitive Landscape
Top companies in the hyaluronic acid market are focusing on launching new products to increase their sales potential across several geographies. Hyaluronic acid suppliers are also eyeing mergers, collaborations, and acquisitions to drive their revenue generation potential and gain a competitive edge over other hyaluronic acid brands.
In February 2020, Seikagaku Corporation, a pharmaceutical-oriented R&D company based in Japan, announced the acquisition of a Canada-based drug manufacturer Dalton Chemical Laboratories Inc. This acquisition is expected to expand Seikagaku's R&D operations and strengthen its position in the market.
Key Segments Covered in Hyaluronic Acid Industry Research
Hyaluronic Acid Market by Application :
Hyaluronic Acid-based Dermal Fillers
Osteoarthritis
Ophthalmic
Other Applications
Hyaluronic Acid Market by Distribution Channel :
Online Sales of Hyaluronic Acid
Offline Sales of Hyaluronic Acid
Hyaluronic Acid Market by End Use :
Pharmaceutical Grade Hyaluronic Acid
Dermatology Clinics & Cosmetic Surgery Centers
Food Grade Hyaluronic Acid
Personal Care
Other End Uses
Hyaluronic Acid Market by Region :
North America
Latin America
Europe
APAC
MEA
Read More Trending Reports of Fact.MR- https://www.prnewswire.com/news-releases/rising-demand-for-breast-augmentation-to-account-for-nearly-45-of-autologous-fat-grafting-factmr-301273860.html
Report Benefits & Key Questions Answered
Hyaluronic Acid Company & brand share analysis: The report offers brand-share analysis on Hyaluronic Acid to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.
Hyaluronic Acid Historical volume analysis: Factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2021-2031.
Hyaluronic Acid Category & segment level analysis: To offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.
Hyaluronic Acid Consumption by demographics: The demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.
Hyaluronic Acid Manufacturing trend analysis: Manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.
Post COVID consumer spending on Hyaluronic Acid: The survey offers a chapter dedicated to analyzing post COVID consumer behavior. Changes in their spending pattern are carefully analyzed to offer insights into potential impact on Hyaluronic Acid
More Valuable Insights on Hyaluronic Acid
Fact.MR, in its new report, offers an unbiased Market Analysis of Hyaluronic Acid, Sales and Demand of Hyaluronic Acid, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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