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Capturing the Essence of Beauty: Hyaluronic Acid's Journey to US$ 16.4 Billion by 2032
According to Future Market Insights (FMI), the global hyaluronic acid market is set to witness growth at a CAGR of 6.4% and is anticipated to reach a valuation of around US$ 16.4 Billion by 2032.

The increase in the market is attributed to rising consumer demand for nutrient-dense meals and dietary supplements. As a result, well-known companies are progressively including fortified components like hyaluronic acid into their goods in order to profit on the expanding demand.

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Application in dietary supplements with enhanced nutrients for overall human body development is anticipated to drive the growth as consumers become more conscious of the benefits of hyaluronic acid.

Hyaluronic acid is a naturally occurring chemical found in human cells. The largest concentrations of hyaluronic acid are found in the fluids of the joints and eyes.

The demand for hyaluronic acid in the pharmaceutical and cosmetics industries is consequently expected to rise during the course of the evaluation period. Its nutritional value and moisturising qualities, which plump and hydrate the skin, are the cause of this.

Key Takeaways from Market Study

Based on grade, the pharmaceuticals segment is anticipated to account for around 33.2% of the market share over the forecast period.
North America hyaluronic acid market is expected to witness a lucrative growth rate of 7.0% CAGR during the forecast period.
East Asia is expected to account for 25.6% in the global hyaluronic acid market through 2032.
In terms of end-use, the food industry is expected to hold a market share of over 15.2% over the forecast period
“Manufacturers are developing hyaluronic acid-based supplements and injectable in response to the rising incidence of osteoporosis and rheumatoid arthritis. As a result of growing prevalence of bone and joint problems, the market for hyaluronic acid is expected to increase significantly during the forecast period.” says a Future Market Insights analyst.

Competitive Landscape

Market participants are always pursuing joint ventures, mergers and acquisitions, and other strategic efforts. Archer Daniels Midland Company and Royal DSM are two significant companies attempting to expand their global footprints and capacities.

Leading corporations in fast-growing regions such as East Asia and South Asia are also striving to broaden their product lines in order to get a competitive advantage.

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Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global hyaluronic acid market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on grade (cosmetics industry, pharmaceutical industry, dietary supplements), end-use (pharmaceutical industry, dermatology clinics & cosmetic surgery centers, food industry, personal care) across seven major regions of the world.

Hyaluronic Acid Market by Category

By Grade:

Food Grade
Pharmaceutical Grade
Dietary Grade
By End-Use:

Pharmaceutical Industry
Dermatology Clinics & Cosmetic Surgery Centers
Food Industry
Personal Care