DUBAI, United Arab Emirates, Aug. 28, 2022 (GLOBE NEWSWIRE) — According to Future Market Insights (IMF), the global hyaluronic acid market is expected to grow at a CAGR of 6.4% and is expected to reach a valuation of approximately US$16.4 billion by 2032.
The growth of the market is attributed to the growing demand for nutritional supplements and healthy food products. Consequently, major manufacturers are increasingly using fortified agents such as hyaluronic acid in their products to capitalize on the growing demand.
As consumers are increasingly aware of the benefits of hyaluronic acid, the application in dietary supplements with enriched nutrients for the general development of the human body is expected to stimulate growth.
Hyaluronic acid is a natural chemical found in the cells of the human body. The greatest concentrations of hyaluronic acid are found in the fluids of the eyes and joints.
Therefore, the demand for hyaluronic acid in cosmetic and pharmaceutical industries is expected to increase over the assessment period. This is due to its moisturizing and nutritional characteristics to hydrate and plump the skin.
To get a sample copy @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15266
Key insights from market research
- Based on grade, the Pharmaceuticals segment is expected to account for approximately 33.2% in market share over the forecast period.
- The North American Hyaluronic Acid Market is Expected to Witness a Lucrative Growth Rate of 7.0% CAGR during the forecast period.
- East Asia is expected to account for 25.6% of the global hyaluronic acid market through 2032.
- In terms of end use, the food industry is expected to hold a market share of more than 15.2% over the forecast period
“Manufacturers are developing hyaluronic acid supplements and injectables in response to the growing incidence of osteoporosis and rheumatoid arthritis. Due to the increasing prevalence of bone and joint problems, The hyaluronic acid market is expected to grow significantly over the forecast period. says an analyst from Future Market Insights.
Competitive landscape
Market players are always looking for joint ventures, mergers and acquisitions, and other strategic endeavors. Archer Daniels Midland Company and Royal DSM are two prominent companies trying to expand their global footprint and capabilities.
Large companies in fast-growing regions such as East Asia and South Asia are also striving to expand their product lines to gain a competitive edge.
Ask an analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-15266
Explore more valuable insights
Future Market Insights in its new report offers an unbiased analysis of the global hyaluronic acid market, presenting historical data (2017-2021) and estimation statistics for the forecast period 2022-2032.
The study offers compelling information based on grade (cosmetic industry, pharmaceutical industry, dietary supplements), end-use (pharmaceutical industry, dermatology clinics and cosmetic surgery centers, food industry, personal care) in seven major regions of the world.
Hyaluronic Acid Market by Category
By level:
- Food grade
- Pharmaceutical grade
- Dietary quality
By end use:
- Pharmaceutical industry
- Dermatology clinics and cosmetic surgery centers
- Food industry
- Personal care
By region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East and Africa
Buy now@ https://www.futuremarketinsights.com/checkout/15266
About Future Market Insights Food and Beverage Division
Future Market Insights’ Food & Beverage team provides all the information and advisory analysis needed to meet the unique business intelligence needs of clients around the world. With a catalog of over 500 reports on the latest agribusiness statistics and analysis, the team is happy to help you with all your business intelligence research and consulting needs.
Contents
1. Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply-side trends
1.4. Analysis of the technology roadmap
1.5. Analysis and recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limits
3. Market Context
3.1. Market dynamics
3.1.1. Drivers
3.1.2. Constraints
3.1.3. Opportunity
3.1.4. Tendencies
3.2. Scenario forecast
3.2.1. Demand in the optimistic scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in the conservative scenario
3.3. Product launches and recent developments
3.4. Product life cycle analysis
3.5. Value chain analysis
Get a detailed table of contents with numbers @ https://www.futuremarketinsights.com/toc/rep-gb-15266
Explore related ongoing IMF coverage at Food and drink Domain
Citric Acid Market Size: Citric Acid Market by Application, End Use, Form, Quality and Region 2021-2031 | Analysis and opportunity of global sales – 2031.
Essential Fatty Acids Market Share: The essential fatty acids market is expected to reach US$4,072 million in 2017. With a CAGR of 9.5%, the total revenue is expected to reach US$10 billion by 2027.
Food Amino Acids Market Trends: The food amino acids market is estimated to be worth USD 11.6 billion in 2032, registering a CAGR of 8.1% in 2022-2032.
Organic Acids Market Demand: Organic Acids Market is expected to grow at a stable CAGR of 5.3% during the forecast period, with the Organic Acids Market size reaching US$18.8 billion by 2032 .
Salicylic Acid Market Outlook: The Salicylic Acid market size is estimated at US$417.8 million in 2022 and is expected to reach a valuation of US$814.2 million by 2032, with a CAGR of 6.9% from 2022 to 2032.
Download a free copy of the Future Market Insights white paper in collaboration with PBFIA, on the plant-based market that highlights potential opportunities and investments being made in the global plant-based market
About Us
Future Market Insights (ESOMAR certified market research organization and member of the Greater New York Chamber of Commerce) provides in-depth insights into the driving factors that increase demand in the market. It reveals opportunities that will drive market growth in various segments on the basis of source, application, sales channel, and end-use over the next 10 years.
Contact:
Future Market Insights, Inc.
1602-6 Jumeirah Bay Tower X2,
Parcel number: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For sales inquiries: sales@futuremarketinsights.com
Browse other reports: https://www.futuremarketinsights.com/reports
