North America Ceramide Market Size, Share & Trends Analysis Report By Application (Cosmetics, Food, and Others), By Process (Plant Extract, and Fermentation), By Type (Natural, and Synthetic), By Country and Growth Forecast, 2023 - 2030
The North America Ceramide Market would witness market growth of 5.1% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 108.47 tonnes, showcasing a growth of 2.4% (2019-2022).
Cosmetics infused with ceramides have become popular in the skincare industry due to their ability to address various skin concerns effectively. Ceramides, being natural components of the skin's outermost layer, play a crucial role in maintaining skin hydration and integrity. In cosmetics, it is incorporated into formulations such as moisturizers, serums, creams, and masks to enhance the skin's barrier function, improve moisture retention, and promote overall skin health. Therefore, the US market consumed 52.63 tonnes of Ceramide in Cosmetics in 2022.
The US market dominated the North America Ceramide Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $26,261.2 Thousands by 2030. The Canada market is experiencing a CAGR of 7.5% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.6% during (2023 - 2030).
With the rise of personalized skincare regimens fueled by advancements in digital technology and data analytics, there is a growing demand for its products tailored to individual skin types, concerns, and lifestyles. Companies are leveraging AI-driven algorithms, skin analysis tools, and DNA testing to formulate bespoke skincare solutions that optimize delivery and efficacy for each consumer.
Moreover, these are critical in maintaining skin barrier integrity, hydration, and overall health. Due to their versatility and compatibility with various skin types and conditions, the products are well-suited for personalized skincare formulations. By integrating ceramides into customized skincare regimens, organizations can promote skin health and resilience while addressing particular skin issues, including dehydration, sensitivity, aging, and inflammatory conditions.
The Canadian cosmetics industry is known for its innovation in product formulations. Cosmetic companies in Canada often invest in research and development to create high-quality, effective skincare products. As per the data provided by the International Trade Administration in 2021, the cosmetics sector in Canada generated approximately USD 1.24 billion in revenue. Industry revenue is expected to reach USD 1.8 billion by 2024. Hence, North America’s rising cosmetics and pharmaceutical sectors can lead to an increased demand for ceramides.
Based on Application, the market is segmented into Cosmetics, Food, and Others. Based on Process, the market is segmented into Plant Extract, and Fermentation. Based on Type, the market is segmented into Natural, and Synthetic. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Ashland Inc.
- Toyobo Co., Ltd.
- Doosan Corporation
- Arkema S.A.
- Evonik Industries AG (RAG-Stiftung)
- Cayman Chemical Company, Inc.
- Kao Corporation
- Croda International PLC
- Vantage Specialty Chemicals (H.I.G. Capital, LLC)
- Incospam Co., Ltd.
By Application (Volume, Tonnes, USD Million, 2019-2030)
- Cosmetics
- Food
- Others
- Plant Extract
- Fermentation
- Natural
- Synthetic
- US
- Canada
- Mexico
- Rest of North America
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Ceramide Market, by Application
- 1.4.2 North America Ceramide Market, by Process
- 1.4.3 North America Ceramide Market, by Type
- 1.4.4 North America Ceramide Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Opportunities
- 3.2.3 Market Restraints
- 3.2.4 Market Challenges
- 3.3 Porter’s Five Forces Analysis
- Chapter 4. Strategies Deployed in Ceramide Market
- Chapter 5. North America Ceramide Market, By Application
- 5.1 North America Cosmetics Market, By Country
- 5.2 North America Food Market, By Country
- 5.3 North America Others Market, By Country
- Chapter 6. North America Ceramide Market, By Process
- 6.1 North America Plant Extract Market, By Country
- 6.2 North America Fermentation Market, By Country
- Chapter 7. North America Ceramide Market, By Type
- 7.1 North America Natural Market, By Country
- 7.2 North America Synthetic Market, By Country
- Chapter 8. North America Ceramide Market, By Country
- 8.1 US Ceramide Market
- 8.1.1 US Ceramide Market, By Application
- 8.1.2 US Ceramide Market, By Process
- 8.1.3 US Ceramide Market, By Type
- 8.2 Canada Ceramide Market
- 8.2.1 Canada Ceramide Market, By Application
- 8.2.2 Canada Ceramide Market, By Process
- 8.2.3 Canada Ceramide Market, By Type
- 8.3 Mexico Ceramide Market
- 8.3.1 Mexico Ceramide Market, By Application
- 8.3.2 Mexico Ceramide Market, By Process
- 8.3.3 Mexico Ceramide Market, By Type
- 8.4 Rest of North America Ceramide Market
- 8.4.1 Rest of North America Ceramide Market, By Application
- 8.4.2 Rest of North America Ceramide Market, By Process
- 8.4.3 Rest of North America Ceramide Market, By Type
- Chapter 9. Company Profiles
- 9.1 Ashland Inc.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 SWOT Analysis
- 9.2 Toyobo Co., Ltd.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 SWOT Analysis
- 9.3 Doosan Corporation
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expenses
- 9.3.5 SWOT Analysis
- 9.4 Arkema S.A.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Acquisition and Mergers:
- 9.4.6 SWOT Analysis
- 9.5 Evonik Industries AG (RAG-Stiftung)
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Product Launches and Product Expansions:
- 9.5.5.2 Geographical Expansions:
- 9.5.6 SWOT Analysis
- 9.6 Cayman Chemical Company, Inc.
- 9.6.1 Company Overview
- 9.6.2 SWOT Analysis
- 9.7 Kao Corporation
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Product Launches and Product Expansions:
- 9.7.6 SWOT Analysis
- 9.8 Croda International PLC
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Recent strategies and developments:
- 9.8.4.1 Acquisition and Mergers:
- 9.8.5 SWOT Analysis
- 9.9 Vantage Specialty Chemicals (H.I.G. Capital, LLC)
- 9.9.1 Company Overview
- 9.9.2 Recent strategies and developments:
- 9.9.2.1 Partnerships, Collaborations, and Agreements:
- 9.9.2.2 Geographical Expansions:
- 9.9.3 SWOT Analysis
- 9.10. Incospam Co., Ltd.
- 9.10.1 Company Overview
- 9.10.2 SWOT Analysis
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