The Hyaluronic Acid market is expected to grow from USD 8.60 billion in 2022 to USD 15.95 billion by 2032, at a CAGR of 6.37% during the forecast period 2023-2032.
Hyaluronic acid is a natural substance generally found in the cells of the human body. It is found in the highest concentrations in the eye and joint fluids. It acts as a shock absorber and lubricant in joints and other tissues. Hyaluronic acid's moisturizing characteristics make it famous in the pharmaceutical and cosmetic fields. It is also used in surgery. Hyaluronic acid is also injected into the body to moisturize and soften the skin. It is also used in cataract surgery, where the ophthalmologist injects it into the eyes. Mouth ulcers are also treated with hyaluronic acid gels and rinses.
The growing ageing population, aesthetic awareness, and introduction of cost-effective treatments and products are pushing the market's growth. In addition, the increasing uses of non-surgical cosmetic procedures, including Botox and hyaluronic acid injections, are further boosting the growth of the hyaluronic acid market. Growing preference for minimally invasive procedures and demand for quicker results is anticipated to drive the market's growth during the forecast period. However, the easy availability of alternatives is hampering the market's expansion. The rising popularity and awareness of vitamin C, ceramides, and other skincare ingredients are acting as a brake on the growth of the hyaluronic acid market. Moreover, strict regulation, mainly for haircare and skincare products, will hamper the rise of the hyaluronic acid market over the forecast period.
This study comprehensively analyses grade, application, end-use industry, and region. The grade segment includes cosmetic grade, food grade and pharmaceutical grade. The cosmetic grade segment registered the largest market share in 2022 due to the rise in demand as a cosmetic ingredient in diverse personal care and cosmetics products such as eyeliners, lotions, gels, creams, lipsticks, face masks, and others. The application segment is divided into dermal fillers, osteoarthritis, ophthalmic and vesicoureteral reflux. The osteoarthritis segment held the largest market share in 2022 due to the increasing understanding and preference for minimally invasive techniques and the growing geriatric population. The end-use industry segment is classified into the cosmetics industry, pharmaceutical industry and nutraceutical industry. The cosmetics industry segment generated the highest market revenue in 2022. There is a rise in skin care products due to the rapid growth of the fashion industry. Additionally, the growing number of salons due to rapid urbanization drives the segment's growth.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The North American region held the highest market revenue in 2022 owing to the presence of large older adults, who are more prone to vesicoureteral reflux, osteoarthritis (OA) and cataracts. In addition, the increasing acceptance of minimally invasive procedures drives the region's growth.
Some of the notable players in the market are Allergan, Sanofi, Genzyme Corporation, Anika Therapeutics, Inc., Salix Pharmaceuticals, Seikagaku Corporation, F. Hoffmann-La Roche Ag, Galderma Laboratories L.P., Zimmer Biomet, Smith & Nephew Plc, Ferring B.V., Lifecore Biomedical, Llc, HTL Biotechnology, Shiseido Company, Limited, Bloomage Biotechnology Corporation Limited, LG Life Sciences Ltd (LG Chem.) and Maruha Nichiro, Inc. among others.
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Grade
4.3.2. Market Attractiveness Analysis by Application
4.3.3. Market Attractiveness Analysis by End-Use Industry
4.3.4. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Use of invasive hyaluronic acid based dermal fillers
5.3. Restraints
5.3.1. Availability of unauthorized or alternative dermal fillers
5.4. Opportunities
5.4.1. New technology and developments in hyaluronic acid products
5.5. Challenges
5.5.1. Escalating product recall
6. Global Hyaluronic Acid Market Analysis and Forecast, By Grade
6.1. Segment Overview
6.2. Cosmetic Grade
6.3. Food Grade
6.4. Pharmaceutical Grade
7. Global Hyaluronic Acid Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Dermal Fillers
7.3. Osteoarthritis
7.4. Ophthalmic
7.5. Vesicoureteral Reflux
8. Global Hyaluronic Acid Market Analysis and Forecast, By End-Use Industry
8.1. Segment Overview
8.2. Cosmetics Industry
8.3. Pharmaceutical Industry
8.4. Nutraceutical Industry
9. Global Hyaluronic Acid Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Hyaluronic Acid Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Hyaluronic Acid Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Allergan
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Sanofi
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Genzyme Corporation
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Anika Therapeutics, Inc.
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Salix Pharmaceuticals
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Seikagaku Corporation
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. F. Hoffmann-La Roche Ag
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Galderma Laboratories L.P.
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Zimmer Biomet
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Smith & Nephew Plc
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Ferring B.V.
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Lifecore Biomedical, Llc
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. HTL Biotechnology
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Shiseido Company, Limited
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. Bloomage Biotechnology Corporation Limited
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Product Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
11.16. LG Life Sciences Ltd (LG Chem.)
11.16.1. Business Overview
11.16.2. Company Snapshot
11.16.3. Company Market Share Analysis
11.16.4. Company Product Portfolio
11.16.5. Recent Developments
11.16.6. SWOT Analysis
11.17. Maruha Nichiro, Inc.
11.17.1. Business Overview
11.17.2. Company Snapshot
11.17.3. Company Market Share Analysis
11.17.4. Company Product Portfolio
11.17.5. Recent Developments
11.17.6. SWOT Analysis
List of Table
1. Global Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
2. Global Cosmetic Grade Hyaluronic Acid Market, By Region, 2019-2032 (USD Billion) (Ton)
3. Global Food Grade Hyaluronic Acid Market, By Region, 2019-2032 (USD Billion) (Ton)
4. Global Pharmaceutical Grade Hyaluronic Acid Market, By Region, 2019-2032 (USD Billion) (Ton)
5. Global Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
6. Global Dermal Fillers Hyaluronic Acid Market, By Region, 2019-2032 (USD Billion) (Ton)
7. Global Osteoarthritis Hyaluronic Acid Market, By Region, 2019-2032 (USD Billion) (Ton)
8. Global Ophthalmic Hyaluronic Acid Market, By Region, 2019-2032 (USD Billion) (Ton)
9. Global Vesicoureteral Reflux Hyaluronic Acid Market, By Region, 2019-2032 (USD Billion) (Ton)
10. Global Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
11. Global Cosmetics Industry Hyaluronic Acid Market, By Region, 2019-2032 (USD Billion) (Ton)
12. Global Pharmaceutical Industry Hyaluronic Acid Market, By Region, 2019-2032 (USD Billion) (Ton)
13. Global Nutraceutical Industry Hyaluronic Acid Market, By Region, 2019-2032 (USD Billion) (Ton)
14. Global Hyaluronic Acid Market, By Region, 2019-2032 (USD Billion) (Ton)
15. North America Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
16. North America Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
17. North America Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
18. U.S. Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
19. U.S. Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
20. U.S. Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
21. Canada Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
22. Canada Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
23. Canada Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
24. Mexico Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
25. Mexico Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
26. Mexico Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
27. Europe Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
28. Europe Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
29. Europe Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
30. Germany Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
31. Germany Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
32. Germany Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
33. France Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
34. France Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
35. France Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
36. U.K. Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
37. U.K. Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
38. U.K. Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
39. Italy Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
40. Italy Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
41. Italy Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
42. Spain Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
43. Spain Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
44. Spain Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
45. Asia Pacific Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
46. Asia Pacific Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
47. Asia Pacific Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
48. Japan Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
49. Japan Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
50. Japan Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
51. China Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
52. China Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
53. China Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
54. India Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
55. India Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
56. India Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
57. South America Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
58. South America Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
59. South America Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
60. Brazil Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
61. Brazil Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
62. Brazil Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
63. Middle East and Africa Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
64. Middle East and Africa Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
65. Middle East and Africa Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
66. UAE Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
67. UAE Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
68. UAE Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
69. South Africa Hyaluronic Acid Market, By Grade, 2019-2032 (USD Billion) (Ton)
70. South Africa Hyaluronic Acid Market, By Application, 2019-2032 (USD Billion) (Ton)
71. South Africa Hyaluronic Acid Market, By End-Use Industry, 2019-2032 (USD Billion) (Ton)
List of Figures
1. Global Hyaluronic Acid Market Segmentation
2. Hyaluronic Acid Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Hyaluronic Acid Market Attractiveness Analysis by Grade
9. Global Hyaluronic Acid Market Attractiveness Analysis by Application
10. Global Hyaluronic Acid Market Attractiveness Analysis by End-Use Industry
11. Global Hyaluronic Acid Market Attractiveness Analysis by Region
12. Global Hyaluronic Acid Market: Dynamics
13. Global Hyaluronic Acid Market Share by Grade (2023 & 2032)
14. Global Hyaluronic Acid Market Share by Application (2023 & 2032)
15. Global Hyaluronic Acid Market Share by End-Use Industry (2023 & 2032)
16. Global Hyaluronic Acid Market Share by Regions (2023 & 2032)
17. Global Hyaluronic Acid Market Share by Company (2022)
Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.
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