The global ceramide market is expected to reach USD
360.4 million by 2022, according to a new report. Increasing demand for anti
aging and environmental protection skin care products are expected to drive the
overall industry growth. Social factors such as changing lifestyle coupled with
increasing geriatric population base particularly in Japan, U.S. and parts of
Europe has created novel demand for ceramide based products in the recent past
and this trend is expected to continue over the next seven years.
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Expanding application base in food and
pharmaceutical industries is also expected to have a positive influence on the
market growth. Key personal care product manufacturers such as Elizabeth Arden
Inc, Pur minerals, Kao Group, Etvos, L'Oreal, Avon Products Inc., Oriflame,
Revlon Inc., Beiersdorf and Paula's Choice are widely using ceramides for
innovative skin and hair care solutions.
Further
key findings from the report suggest:
·
Global ceramide market was estimated at
USD 239.2 million in 2014 and is expected to reach USD 360.4 million by 2022,
growing at a CAGR of 5.4% from 2015 to 2022.
·
Cosmetics were the leading application
segment and accounted for over 65% of total market revenue in 2014. Ceramide is
used in wide range of cosmetic products including hair treatment, skin care and
makeup products. Growth of personal care industry particularly in Asia Pacific
is expected to drive this segment over the forecast period.
·
Food is expected to witness the highest
growth of 5.5% over the forecast period on account of changing consumer
lifestyle coupled with growing demand for organic products. Ceramides are
currently used in food additives and supplements. Nutraceutical manufacturers
are expected to expand ceramide based food supplements product line over the
forecast period.
·
Asia Pacific was the leading regional
market with demand share exceeding 35% in 2014. Growth of personal care
industry in India and China coupled with increasing geriatric population in
Japan and South Korea is expected to drive the regional growth over the
forecast period. Asia Pacific is also expected to witness the highest growth of
6.2% from 2015 to 2022.
·
Global ceramide industry is consolidated
in nature and is dominated by top multinational corporations which have
presence across the value chain. Key companies operating in the global market
include Evonik, Macrocare Tech Ltd., Cayman Chemical, Doosan Corporation,
Anderson Global Group LLC, Xi'an Aladdin Biological Technology, Bo-Kwang
Chemical Co. Ltd, Unitika, Pioneer Biotech, Incospharm Corporation, Wuhan
Saiguang, Ashland Inc., Kao Group and Sederma.
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Table
of Content
Chapter
1 Methodology and Scope
1.1 Research methodology
1.2 Research Scope & Assumptions
1.3 List of data sources
Chapter
2 Executive Summary
2.1 Ceramide - Industry Summary & Key Buying Criteria
Chapter
3 Ceramide Industry Outlook
3.1 Market segmentation
3.2 Market size and growth prospects, 2012-2022
3.3 Value chain analysis
3.3.1 Vendor landscape
3.4 Raw material trends
3.5 Regulatory/legislative framework
3.6 Ceramide market dynamics
3.6.1 Market driver analysis
3.6.1.1 Growing
geriatric population base
3.6.1.2 Growing demand
for phytoceramides (plant derived)
3.6.2 Market restraint analysis
3.6.2.1 Threat from
natural alternatives
3.7 Key opportunities - Prioritized
3.8 Industry analysis - Porter's analysis
3.9 Ceramide company market share, 2014
3.10 Ceramide PESTEL analysis
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Toll Free: 1-888-928-9744
Mail: sales@radiantinsights.com
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