iCrowd Newswire
13 May 2022, 00:02 GMT+10
According to the report, 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.
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.
Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/7845
Covid-19 Scenario
The pharmaceutical industry segment to maintain its leadership status throughout the forecast period
Based on end use industry, the pharmaceutical industry segment held the highest market share in 2020, accounting for more than half of the global hyaluronic acid market, and is estimated to maintain its leadership status throughout the forecast period. Moreover, the same segment is projected to manifest the highest CAGR of 8.5% from 2021 to 2030, owing to favorable governmental policies in several regions. The report also discusses the cosmetic and nutraceutical industries.
Get Detailed COVID-19 Impact Analysis on the Hyaluronic Acid Market @ https://www.alliedmarketresearch.com/request-for-customization/7845?reqfor=covid
Asia-Pacific, followed by North America, to maintain its dominance by 2030
Based on region, Asia-Pacific, followed by North America, held the highest market share in terms of revenue 2020, accounting for more than four-fifths of the global hyaluronic acid market. Moreover, the Asia-Pacific region is expected to witness the fastest CAGR of 8.3% during the forecast period. This is attributed to the presence of established consumer bases such as pharmaceutical, cosmetics industry, and others. The report also discusses North America, Europe, and LAMEA.
Leading Market Players
Tags: Hyaluronic Acid Market, Nutraceutical Industry, Cosmetic Industry, pharmaceutical industry
See Campaign: https://www.alliedmarketresearch.com/hyaluronic-acid-market-A07480
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Tags:PR-Wirein, Financial Content, Reportedtimes, Research Newswire, EnglishGet a daily dose of Denver Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Denver Sun.
More InformationSAN FRANCISCO, California: In a letter released this week, the archbishop of San Francisco, Salvatore Cordileone, said U.S. House Speaker ...
BERLIN, Germany: At least 43 people were injured after a tornado struck the western German city of Paderborn on May ...
WASHINGTON D.C.: The Department of Justice has said that an American citizen and four Chinese intelligence officers have been charged ...
WASHINGTON D.C.: Due to the inability of businesses to hire enough workers, the U.S. has announced that it will grant ...
WASHINGTON D.C.: U.S. senators Elizabeth Warren and Mike Rounds have introduced a bipartisan resolution requesting the Federal Trade Commission (FTC) ...
MOSCOW, Russia: According to preliminary data released by the finance ministry this week, almost three months after Moscow's invasion of ...
SACRAMENTO, California: In another blow to the state's push to diversify corporate leadership, a California court judge has ruled that ...
Pete Alonso's three-run homer capped a five-run third inning Monday night as the visiting New York Mets rolled to a ...
Nazem Kadri scored a hat trick to lift the visiting Avalanche past the St. Louis Blues 6-3 on Monday, giving ...
Yoshi Tsutsugo's tiebreaking RBI infield single in the eighth inning Monday gave the Pittsburgh Pirates a 2-1 win over the ...
The Golden State Warriors look to become the first team since Michael Jordan's Chicago Bulls to make six trips to ...
The Minnesota Timberwolves finalized a five-year deal with Denver Nuggets president of basketball operations Tim Connelly to have him lead ...