Global Hyaluronic Acid Market Growth 2023-2029

Global Hyaluronic Acid Market Growth 2023-2029

Hyaluronic acid also called hyaluronan, is an anionic, nonsulfated glycosaminoglycan distributed widely throughout connective, epithelial, and neural tissues. It is unique among glycosaminoglycans in that it is nonsulfated, forms in the plasma membrane instead of the Golgi apparatus, and can be very large: human synovial HA averages about 7 million Da per molecule, or about 20000 disaccharide monomers, while other sources mention 3–4 million Da. As one of the chief components of the extracellular matrix, hyaluronan contributes significantly to cell proliferation and migration, and may also be involved in the progression of some malignant tumors.

LPI (LP Information)' newest research report, the “Hyaluronic Acid Industry Forecast” looks at past sales and reviews total world Hyaluronic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Hyaluronic Acid sales for 2023 through 2029. With Hyaluronic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hyaluronic Acid industry.

This Insight Report provides a comprehensive analysis of the global Hyaluronic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hyaluronic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hyaluronic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hyaluronic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hyaluronic Acid.

The global Hyaluronic Acid market size is projected to grow from US$ 377.2 million in 2022 to US$ 919.1 million in 2029; it is expected to grow at a CAGR of 919.1 from 2023 to 2029.

Global key players of hyaluronic acid include Huaxi, Kewpie, Contipro, HTL Biotechnology, Focuschem Biopharm Co., Ltd and Fufeng Group Company Limited, etc. Top 2 players occupy for a share about 40%. Asia-Pacific is the largest market, with a share about 48%, followed by North America and Europe. In terms of product, microbial fermentation is the largest segment, with a share over 95%. In terms of application, medical is the largest market, with a share over 37%.

This report presents a comprehensive overview, market shares, and growth opportunities of Hyaluronic Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Microbial Fermentation

Animal Tissue

Segmentation by application

Food

Cosmetics

Medical

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Bloomage Biotech

Focus Chem

Fufeng Group

AWA Biopharm

China Eastar Group

Kewpie

Contipro

Seikagaku

HTL Biotechnology

Fidia Farmaceutici

Kikkoman

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hyaluronic Acid market?

What factors are driving Hyaluronic Acid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hyaluronic Acid market opportunities vary by end market size?

How does Hyaluronic Acid break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.