Hyaluronic Acid Products Market - Forecast(2024 - 2030)
Hyaluronic Acid Products Market
Overview
The global Hyaluronic Acid Products Market is estimated to grow at a CAGR of 8.70% during the forecast period 2020–2025. The market is projected to grow from $8.54bn in 2019 to $14.05bn by 2025.Hyaluronic acid, also known as hyaluronan is a natural substance found in human skin that helps to retain moisture which helps to the keep skin hydrate and plump. Another distinctive feature of the hyaluronic acid is it is formed from the cell membrane and not from the Golgi apparatus. Hyaluronic acid also contains complex sugars that is used in the treatment of vesicoureteral reflux (VUR). Hyaluronic products are used in the aesthetic medical field.
Key Takeaways
· In the coming years, growing interest in Hyaluronic Acid Products is due to the rising use in the aesthetic medical field.
· Product launch was a key sustainability strategy
adopted by the market players to ensure the growth of Hyaluronic Acid Products
Market.
· APAC region is estimated to record the fastest growth
rate during the forecast period.
Product Type - Segment Analysis
In
2019, Beauty and Personal Care segment dominated the Hyaluronic Acid Products
Market in terms of revenue. Glycosaminoglycans are long linear formations made
of hyaluronic acid that are also used in the preparation of cosmetics and skin
care products. Hyaluronic Acid is used in organic cosmetic products, dermal
fillers, moisturizing creams, and others. Hyaluronic Acid Products. It is forecast
to grow at a CAGR of 5.27% during the period under consideration.
Distribution Channel - Segment
Analysis
In
2019, Offline Retail Stores segment dominated the Hyaluronic Acid Products
Market in terms of revenue. Customers prefer to purchase cosmetic and skin care
products mostly from retail or cosmetic stores to ensure authenticity of the
product. Purchases through online retail stores are rapidly growing as websites
dedicated to cosmetics are present and claims to provide quality products by meeting
industry standards.
Geography - Segment Analysis
In 2019, the North America
region occupied 47% of the global Hyaluronic Acid Products Market in terms of
revenue. The dominance of the North America hyaluronic acid products market can
be attributed to the Hyaluronic Dermal Fillers Market of the region. Celebrities
and famous personalities encourage the use of the hyaluronic products in the
region. APAC region is estimated to record the fastest growth rate during the
forecast period.
Drivers – Hyaluronic Acid Products Market
·
Growing Use
in Aesthetic Medical Field
Hyaluronic Acid Products are used as
dermal fillers in the skin care industry which is set to immensely help growth
of the market. Individuals are shifting from chemicals and inorganic substances
to hyaluronic acid as it has no low side effects.
· Increasing Usage of Hyaluronic Acid in Cosmetic Products
Hyaluronic Acid is as
an ingredient in leading cosmetic products as it helps to retain moisture and
keeps the skin fresh and plumb throughout the day. Unlike chemicals and
petroleum used in skincare products, hyaluronic acid does no harm to the skin
and provides better results.
Challenges – Hyaluronic Acid Products Market
·
High
Costs Of Hyaluronic Acid Products
Hyaluronic
acid products are priced higher than the usual cosmetic products. This is
generally because hyaluronic acid is difficult to procure as a raw material and
results in higher manufacturing costs. This has been a hurdle producers have
been tackling to solve.
Hyaluronic Acid Products industry outlook
Product Launches along is
the key strategy of the players in the Hyaluronic Acid Products Industry.
Hyaluronic Acid
Products top 10 companies include Allergan Inc., Anika Therapeutics Inc., F.
Hoffmann-La Roche Ltd., Ferring Pharmaceuticals Inc., Galderma S.A., Salix
Pharmaceuticals, Sanofi, Seikagaku Corp., Smith & Nephew Plc, and Zimmer
Holdings Inc.
Hyaluronic Acid Products Market Research
Scope:
The base year of
the study is 2019, with forecast done up to 2025. The study presents a thorough
analysis of the competitive landscape, taking into account the market shares of
the leading companies. These provide the key market participants with the
necessary business intelligence and help them understand the future of the Hyaluronic
Acid Products market. The assessment includes the forecast, an overview of the
competitive structure, the Hyaluronic Acid Products market share of the
competitors, as well as the Hyaluronic Acid Products market size market trends,
market demands, market drivers, market challenges, and product analysis. The
market drivers and restraints have been assessed to fathom their impact over
the forecast period. This Hyaluronic Acid Products market report further
identifies the key opportunities for growth while also detailing the key
challenges and possible threats. The key areas of focus include Hyaluronic Product
type, distribution channel and geographic analysis.
1.1 Definitions and Scope
2. Hyaluronic Acid Products Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Hyaluronic Acid Products Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Hyaluronic Acid Products Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Hyaluronic Acid Products Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Hyaluronic Acid Products Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Hyaluronic Acid Products Market - Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Hyaluronic Acid Products Market - By Product Type (Market Size -$Million / $Billion)
8.1 Market Size and Market Share Analysis
8.2 Application Revenue and Trend Research
8.3 Product Segment Analysis
8.3.1 Single Cycle Injection Products
8.3.2 Three Cycle Injection Products
8.3.3 Five Cycle Injection Products
9. Hyaluronic Acid Products Market - By Type (Market Size -$Million / $Billion)
10. Hyaluronic Acid Products - By Application (Market Size -$Million / $Billion)
10.1 Segment type Size and Market Share Analysis
10.2 Application Revenue and Trends by type of Application
10.3 Application Segment Analysis by Type
10.3.1 Osteoarthritis
10.3.2 Ophthalmic
10.3.3 Dermal Fillers
10.3.4 Vesicoureteral Reflux
11. Hyaluronic Acid Products - By Geography (Market Size -$Million / $Billion)
11.1 Hyaluronic Acid Products Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Hyaluronic Acid Products- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Hyaluronic Acid Products- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Hyaluronic Acid Products - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Hyaluronic Acid Products - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Hyaluronic Acid Products Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Hyaluronic Acid Products Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Hyaluronic Acid Products Market - Key Company List by Country Premium
15. Hyaluronic Acid Products Market Company Analysis
15.3 Anika Therapeutics Inc.
15.4 Ferring Pharmaceuticals
15.5 Fidia Farmaceutici s.p.a.
15.6 Galderma SA (Nestle Skin Health Company)
15.7 Salix Pharmaceuticals Ltd. (Sub. Valeant)
15.8 Sanofi
15.9 Seikagaku Corporation
15.10 Shanghai Jingfeng Pharmaceutical Co., Ltd.
15.11 Smith & Nephew
15.12 Zimmer Biomet
15.14 Company 14 & More
16.1 Abbreviations
16.2 Sources
17. Hyaluronic Acid Products Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends
LIST OF TABLES
LIST OF FIGURES
1.US Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)2.Canada Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
3.Mexico Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
4.Brazil Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
5.Argentina Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
6.Peru Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
7.Colombia Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
8.Chile Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
9.Rest of South America Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
10.UK Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
11.Germany Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
12.France Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
13.Italy Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
14.Spain Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
15.Rest of Europe Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
16.China Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
17.India Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
18.Japan Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
19.South Korea Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
20.South Africa Hyaluronic Acid Products Market Revenue, 2023-2030 ($M)
21.North America Hyaluronic Acid Products By Application
22.South America Hyaluronic Acid Products By Application
23.Europe Hyaluronic Acid Products By Application
24.APAC Hyaluronic Acid Products By Application
25.MENA Hyaluronic Acid Products By Application