The global ceramide market is expected to reach USD 360.4
million by 2022, according to a new report by Grand View Research, Inc.
Increasing demand for anti aging and environmental protection skin care
products are expected to drive the overall industry growth. Social factors such
as changing lifestyle coupled with increasing geriatric population base particularly
in Japan, U.S. and parts of Europe has created novel demand for ceramide based
products in the recent past and this trend is expected to continue over the
next seven years.
Expanding application base in food and
pharmaceutical industries is also expected to have a positive influence on the
market growth. Key personal care product manufacturers such as Elizabeth Arden
Inc, Pur minerals, Kao Group, Etvos, L’Oreal, Avon Products Inc., Oriflame,
Revlon Inc., Beiersdorf and Paula’s Choice are widely using ceramides for
innovative skin and hair care solutions.
Browse full research report on Ceramide Market: https://www.grandviewresearch.com/industry-analysis/ceramide-market
Further key findings from the report suggest:
- Global ceramide market was estimated at USD 239.2 million in
2014 and is expected to reach USD 360.4 million by 2022, growing at a CAGR
of 5.4% from 2015 to 2022.
- Cosmetics were the leading application segment and accounted
for over 65% of total market revenue in 2014. Ceramide is used in wide
range of cosmetic products including hair treatment, skin care and makeup
products. Growth of personal care industry particularly in Asia Pacific is
expected to drive this segment over the forecast period.
- Food is expected to witness the highest growth of 5.5% over
the forecast period on account of changing consumer lifestyle coupled with
growing demand for organic products. Ceramides are currently used in food
additives and supplements. Nutraceutical manufacturers are expected to
expand ceramide based food supplements product line over the forecast
period.
- Asia Pacific was the leading regional market with demand
share exceeding 35% in 2014. Growth of personal care industry in India and
China coupled with increasing geriatric population in Japan and South
Korea is expected to drive the regional growth over the forecast period.
Asia Pacific is also expected to witness the highest growth of 6.2% from
2015 to 2022.
- Global ceramide industry is consolidated in nature and is
dominated by top multinational corporations which have presence across the
value chain. Key companies operating in the global market include Evonik,
Macrocare Tech Ltd., Cayman Chemical, Doosan Corporation, Anderson Global
Group LLC, Xi’an Aladdin Biological Technology, Bo-Kwang Chemical Co. Ltd,
Unitika, Pioneer Biotech, Incospharm Corporation, Wuhan Saiguang, Ashland
Inc., Kao Group and Sederma.
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/ceramide-market/request/rs1
Grand View Research has segmented the ceramide market on the basis
of application and region:
Ceramide Application Outlook (Revenue, USD Million, 2012 - 2022)
- Cosmetics
- Pharmaceutical
- Food
- Petcare
- Others
Ceramide Regional Outlook (Revenue, USD Million, 2012 - 2022)
- North
America
- U.S.
- Europe
- Germany
- UK
- Asia
Pacific
- China
- Japan
- South
Korea
- Middle
East & Africa
- Central
& South Africa
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For
more info visit @ https://www.grandviewresearch.com
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