The global hyaluronic acid industry generated $1.0 billion in 2020, and is anticipated to generate $2.1 billion by 2030, witnessing a CAGR of 8.1% from 2021 to 2030.  

 

Allied Market Research published a report, titled, "Hyaluronic Acid Market by End-Use Industry (Cosmetic Industry, Pharmaceutical Industry, and Nutraceutical Industry): Global Opportunity Analysis and Industry Forecast, 2021–2030".   

 

Access Full Summary Report: https://www.alliedmarketresearch.com/hyaluronic-acid-market-A07480 

 

Prime determinants of growth 

High benefits of hyaluronic acid in the cosmetic industry and increase in adoption of nonsurgical cosmetic procedures drive the growth of the global hyaluronic acid market. However, presence of alternatives to hyaluronic acid hinders the market growth. On the other hand, technological advancements in hyaluronic acid present new opportunities in the coming years. 

 

Leading Market Players 

  • Contipro a.s. 

  • Landec Corporation 

  • Anmol Chemicals Group 

  • Kewpie Corporation 

  • Shandong Topscience Biotech Co., Ltd. 

  • Liuzhou Shengqiang Biotech Co.,Ltd. 

  • Shijiazhuang lateen chemical co., ltd. 

  • Shandong Focuschem Biotech Co., Ltd. 

  • Tiansheng Bio 

  • Kikkoman Biochemifa Company