Allantoin Market Professional Survey Report 2018 to 2024Key companies in the global allantoin market share are EMD Performance Materials, Lubon Industry, Clariant, Ashland, Rita Corp and Huanghua Suntime
Allantoin Market size is set to exceed USD 670 million by 2023; according to a new research report by Global Market Insights, Inc.
Increasing product usage in the cosmetic sector was the prime factor propelling the overall allantoin market size over the estimated period. The product is widely as a vital ingredient in the cosmetic products such as creams & lotions, shampoos and shaving lotions owing to its moisturizing and cell proliferation characteristics. In 2015, the global cosmetic business was valued at over USD 200 billion and is estimated to observe growth more than 3% by 2023. Enhancing consumer spending and lifestyle dynamics shall boost the cosmetic sector substantially owing to boost the global allatoin market share by 2023. In addition, drifting consumer attention towards high quality personal care products such as anti-ageing lotions & creams will drive growth.
Request for a sample copy of this research report @ http://bit.ly/2qlKmRd
In 2015, the overall pharmaceutical industry was valued more than USD 1 trillion and shall witness growth more than 4% over the estimated period. Increasing drug and medicine developments globally on account of emerging fatal diseases such as Ebola and H1N1, shall boost the overall pharmaceutical business, which is likely to complement the global allantoin market size by 2023. The product is broadly used as an elementary constituent in skin treatment creams & lotions, which are used in skin diseases including eczema, psoriasis, keratosis and xerosis. It is also preferred in the oral hygiene applications owing to its superior cell proliferation properties.
The global allatoin market size is negatively influenced by ban executed on comfrey extracts, as the product is extracted from comfrey plants. The U.S., Europe and Australia has strict regulatory bans on these products, which may hamper the overall industry growth over the estimated timeframe. In 2001, the U.S. FDA for imposed strict ban on these products for internal use. Additionally, limited consumer awareness about the product in the Middle East & Africa and Latin America shall obstruct industry growth. However, booming product demand across cosmetic formulations due to its value-added properties will open up industry growth prospects.
Browse key industry insights spread across 66 pages with 48 market data tables & 13 figures & charts from the report, “Allantoin Market Size By Application (Cosmetics, Pharmaceuticals, Oral hygiene), Industry Analysis Report, Regional Outlook (U.S., Germany, China, Brazil), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:
In 2015, cosmetics accounted for the major chunk of the overall allantoin market size. Positive growth pointers for the cosmetic sector globally, particularly due to increasing consumer awareness towards personal wellbeing along with rising disposable income shall drive the industry size.
The overall allantoin market share for pharmaceutical shall witness maximum growth more than 6% by 2023. Increasing consumer spending towards medical care due to growing awareness shall positively impact on the business growth over the coming years. Oral hygiene will witness gains at over 6% CAGR and generate revenue at over USD 170 million by 2023. Rapidly growing oral care industry globally will consequently boost the industry size by 2023.
In 2015, North America, led by the U.S, allantoin market share was valued at over USD 120 million. Prevalence of prominent pharmaceutical manufacturers in the U.S. is one among the major factor propelling regional growth. Asia Pacific, led by India and China, comprised for the largest chunk of the overall allantoin market share and is projected to observe maximum growth at over 6% over the estimated period. Improving consumer lifestyle in China and India has significantly propelled the overall cosmetics industry, which will consequently boost the business growth.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Global Market Insights, Inc.
29L Atlantic Avenue,
Suite L 105
This release was published on openPR.
Permanent link to this press release:
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 Allantoin Market Professional Survey Report 2018 to 2024 here
News-ID: 979574 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can
More Releases for USD
$100,000,000 USD job contract for travel - $3,000,000 USD referral commission.
Khoja Consultants invites companies, teams or venture capitalists for a $100,000,000 USD contract for travel. The selected company will be providing all accommodations and expenses for a 6-month long business trip around the world. Khoja Consultants expects five-star treatment including close security with private planes, hotels, secured vehicles and helicopters if necessary. More details on the job contract and application are provided at - www.KhojaConsultants.com. There is a $3,000,000
Primary Alkaline Batteries Market Worth USD 14.58 Billion USD by 2026
The Global Primary Alkaline Batteries market size was valued at 10.31 Billion USD in 2019 and is projected to reach 14.58 Billion USD by 2026, at a CAGR of 5% during the forecast period. An Primary Alkaline Batteries is a type of primary battery, which derives its energy from the reaction between zinc metal and manganese dioxide. Get Detailed Analysis of COVID-19 Impact on Primary Alkaline Batteries Market @ https://reports.valuates.com/request/sample/QYRE-Othe-0I169/Global_Primary_Alkaline_Battery_Market This report presents
IOT Solutions Market worth USD 553.9 million USD by 2026
"The global IoT solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa." These days many businesses are adopting a market research report
Eubiotics Market Set to Exceed USD USD 8.60 Billion by 2026
According to a new study published by Polaris Market Research the global eubiotics market is anticipated to reach USD 8.60 billion by 2026. The tightening and stringent restrictions on the use of antibiotic growth promoters along with the surging consumer pressure on food safety and consumer preferences are expected to be the major factors driving demand for these products that work as substitutes to in-feed eubiotics. Eubiotics or specific organic
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size