The global bisabolol market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Bisabolol is an essential chemical compound used in various skincare products and cosmetics. It is colorless viscous oil that acts as an antioxidant that assists the skin in several ways such as protection from damage caused by radicals and more. The rise in the incidence of skin disorders such as acne, black spots, scars, and more are anticipated to drive the demand for the bisabolol market. For instance, according to the data published by National Center for Biotechnology Information (NCBI) in 2020, acne is the most prevalent disease with a prevalence of 9.4% globally. Moreover, a cross-sectional study was designed, where the data was collected from 484 residents of Hail city. The study revealed that 65.0% of respondents were suffering from mild to moderate acne and 81.0% of respondents had acne on the whole face. Thus, by simple cost effective life modification, its occurrence and the late consequence could be minimized. Therefore, the demand for skin care products is anticipated to rise, which in turn, will drive the growth of the bisabolol market.
Looking towards the demand of bisabolol, key market players are adopting various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in April 2021, AHC had launched a Luminous Glow eye Cream for the face in the Malaysian market. The cream is developed with a blend of ingredients including antioxidant-rich glutathione, hyaluronic acid, skin-calming alpha-bisabolol, and vitamin c. The cream is a 2 in 1 product that combats 8 brightening and anti-aging skin concerns. The cream is developed with micro-capsular technology to effectively deliver active ingredients to the skin for a holistic glow. Further, in September 2021, the dermatological department of the university hospital in Italy had carried out an observational analysis on 20 patients affected with seborrheic keratoses. Thus, the team studied a topical cosmetic cream containing alpha-bisabolol, which showed high tolerability and efficacy in the treatment of seborrheic keratoses. Thus, such product launches are anticipated to drive the growth of the global bisabolol market during the forecast period.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– BASF SE, Clariant International Ltd., Atina Ativos Naturais Ltd., and Citroleo Group among others.
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Global Bisabolol Market Report by Segment
By Type
- PAO Yellowish
- PAO Yellowish Brown
- PAO Brownish
By Application
- Skin Care Products
- Oral Hygiene Products
- Cosmetics
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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