The Global hyaluronic acid market is anticipated to grow at a considerable CAGR of around 9.5% during the forecast period (2022-2028). The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the marketplace this is anticipated to positively impact significant market growth. Hence owing to the development and manufacturing of innovative solutions the hyaluronic acid market is augmenting its growth over the forecast period. For instance,
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- In April 2021, HTL Biotechnology and Echelon Biosciences Inc., have partnered to advance the biopolymer platform and enable the distribution of high-quality hyaluronic acid and glycosaminoglycan (GAG) research tools. This partnership is helping scientists and researchers to develop innovative biopolymer solutions for several medical applications such as aesthetics, ophthalmology, rheumatology, tissue engineering, and others.
- In February 2021, Huaxi bio has launched the hyaluronic acid food brand “black zero” in China. In this, it has introduced six products and also got approval from National Health Commission to add hyaluronic acid to ordinary food
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
o By Grade
o By Application
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Cigna Corp., Contipro a.s., Liuzhou Shengqiang Biotech Co., Ltd., Kewpie Corp., Revance Therapeutics, Inc., Hint, Inc., SciVision Biotech Inc., Zimmer Biomet Holdings, and others.
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?
o Deviation from the pre-COVID-19 forecast
o 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?
Global Hyaluronic Acid Market Report Segment
By Grade
- Food Grade
- Cosmetic Grade
- Pharmaceutical Grade
By Application
- Cosmetics
- Aesthetics
- Osteoarthritis
- Ophthalmology
- Pharmaceutical
- Dietary Supplements
- Others
By End-User
- Food Industry
- Personal Care
- Pharmaceutical Industry
- Dermatology Clinics & Cosmetic Surgery Centers
- Others
