The global hyaluronic acid market size accounted for USD 558 million in 2024 and is expected to exceed around USD 1,911 million by 2034, growing at a CAGR of 13.1% from 2024 to 2034.
The hyaluronic acid market is growing due to the widespread use of hyaluronic acid in ophthalmic applications such as intravitreal injection, dry eye, and contact lenses. The increasing awareness of anti-aging products has also increased the demand for anti-aging cosmetics and beauty treatments. There is a growing demand for hyaluronic acid products for minimally invasive anti-aging treatments.
- For Instance, News reported in May 2023, that anti-aging products are still popular among women in the United States, for instance, Nearly 70% of women surveyed said they purchase or use anti-aging products, and 55% said they own at least 3 registered anti-aging products.
The demand in the hyaluronic acid market continues to increase as hyaluronic acid (HA) technology continues to advance, many changes are being made, particularly in the pharmaceutical and cosmetic industries, and the demand for hyaluronic acid continues to increase. HA is a naturally occurring substance known for its ability to retain water and increase tissue hydration and elasticity. Recent innovations have contributed to the development of advanced HA products with high performance and usability. Medically, HA is widely used in orthopedics for joint lubrication and cushioning, ophthalmology for eye surgery, and dermatology for tissue repair and wound healing. Additionally, hyaluronic acid-based dermal fillers and skin care products are becoming popular in the cosmetic industry for their anti-aging and moisturizing benefits.
Hyaluronic Acid Market Segmentation:
By Type
- Microbial Fermentation
- Animal Tissue
By Application
Hyaluronic Acid Market Companies:
- Bloomage Biotech
- Focus Chem
- Fufeng Group
- AWA Biopharm
- China Eastar Group
- Kewpie
- Contipro
- Seikagaku
- HTL Biotechnology
- Fidia Farmaceutici
- Kikkoman
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