The global anti-ageing drugs market is anticipated to grow at a considerable CAGR of 7.1% during the forecast period. The rising penetration of the key players globally has created a plethora of anti-ageing drug development options resulting in the expansion of the market. The rising R&D activities for the development of new anti-ageing products for different applications such as hair, skin, and others compel the demand for anti-ageing drugs market across the globe. Major Companies in the market are inclining their efforts towards the launch of aesthetic treatment that addresses the increasing concern of ageing skin and hair among people. For instance, in May 2021, Cindy Crawford, an American actress, and model launched anti-ageing hair care line. The launch of the new line also addresses the six main signs of aging hair including thinning, dullness, dehydration, breakage, dryness, and lack of scalp health with a line-up of standout products. Furthermore, in 2021, StriVectin launched three new anti-ageing skincare products which include contour restore tightening and sculpting face cream, contour restore firming moisture balm for eyes, and pro glowfoliant mix-in microderm crystal. These products were launched to address issues of skin elasticity and dullness.
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The COVID-19 pandemic has negatively impacted market growth due to complete disorder in global supply chains and several trade barriers all over the globe. The production of anti-ageing drugs and products was also affected owing to various measures imposed by the government intended to slow down the spread of COVID-19. Furthermore, the shift in consumers’ spending habits and purchase decisions also contributed to a decline in demand which as a result negatively impacted the overall market growth during the pandemic.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Anti-Ageing Drugs Market Report Segment
By Drug Class
- Antioxidants and Enzymes
- Serums and Supplements
- Stem Cells
- Other drugs
- Others
By Type
- Injectable
- Oral
- Topical
By Application
- Skin
- Hair
- Muscles
- Age-Related Disorders
- Others
Global Anti-Ageing DrugsMarket Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global anti-ageing drugs market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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