The Global Azelaic Acid Market Growth Accelerated By Increasing Demand For Skin Care Products

 

Azelaic acid is an important organic compound that can be produced both naturally and synthetically. It is commonly used in various skin care products such as creams, gels and lotions to treat acne, rosacea and hyperpigmentation. Due to its remarkable ability to interact with bacterial and fungal elements on the skin surface, azelaic acid effectively reduces inflammation and occurrence of acne lesions. Additionally, regular application of azelaic acid helps restore the natural balance of skin and improves its texture. The rising consumer awareness about the benefits of azelaic acid in various cosmetic products is a major factor driving the growth of the global azelaic acid market.

The Global Azelaic Acid Market Size is estimated to be valued at US$ 340.78 Bn in 2024 and is expected to exhibit a CAGR of 7.9% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

One of the key trends spurring the growth of the azelaic acid market is the increasing demand for natural and organic skin care products. The rising consumer preference for products containing plant-based and herbal ingredients is encouraging personal care brands to introduce skin care ranges with azelaic acid derived from natural sources such as wheat, rye and barley grains. These natural azelaic acid products are gaining widespread popularity among health-conscious consumers due to their purity and minimal side effects. The growing demand for natural personal care offerings represents a major opportunity for azelaic acid producers to tap into this high growth segment of the skin care industry.

Segment Analysis
The global azelaic acid market is dominated by the personal care and cosmetics segment. The segment holds more than half of the total market share owing to high demand for skin lightening and anti-ageing products. Azelaic acid is highly effective in reducing hyperpigmentation caused by acne, melasma and other skin conditions. It is a commonly prescribed drug for mild to moderate acne vulgaris.

Key Takeaways
The global azelaic acid market is expected to witness high growth over the forecast period of 2024 to 2031. The global azelaic acid market is estimated to be valued at US$ 340.78 Bn in 2024 and is expected to exhibit a CAGR of 7.9% over the forecast period 2024 to 2031.

Regional analysis shows that Asia Pacific region dominates the global market and is expected to grow at the highest CAGR during the forecast period. Key factors driving the growth include rising disposable incomes, expanding middle class and growing preference for skin lightening and anti-ageing products among consumers in countries such as China, India and South Korea.

Key players operating in the azelaic acid market are Kamstrup, Danfoss, Qundis, Itron, Zenner, Engelman, Ista, Landis+Gyr, Diehl, Sontex, Brunata, Apator, Techem, Techno-Trade, GWF MessSysteme, Weihai Ploumeter, Axioma Metering, Zhifang Huaxu, Sensus Metering Systems, Emerson.

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