The latest report by IMARC Group, titled “Keratin Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the keratin market forecast. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global keratin market size reached US$ 1.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.5 Billion by 2032, exhibiting a growth rate (CAGR) of 6.21% during 2024-2032.
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Keratin Market Overview:
Keratin is a fibrous structural protein found in the outer layer of skin, hair, nails, feathers, horns, and hooves of animals. It forms a protective barrier, providing strength, resilience, and waterproofing properties to these biological structures. Keratin is rich in sulfur-containing amino acids, particularly cysteine, which form strong disulfide bonds, contributing to its structural integrity.
In humans, keratin is essential for maintaining the strength and elasticity of hair and nails, while in other animals, it serves diverse functions, including insulation, protection, and structural support. Keratin is also a key component in cosmetic and personal care products, used in treatments to strengthen and nourish hair and nails.
Keratin Market Trends:
The global market is majorly driven by the increasing awareness of hair health and appearance. Moreover, the medical and pharmaceutical industries contribute to market growth. Keratin-based wound dressings and skin repair products are utilized for their regenerative properties, aiding in the healing process of burns, ulcers, and other skin injuries. Additionally, keratin supplements are gaining popularity for promoting healthy hair, skin, and nails, further driving market expansion.
Furthermore, technological advancements in keratin extraction and processing techniques enhance its availability and efficacy, fostering market growth. Innovations such as keratin hydrolysates and bioactive keratin derivatives expand its applications in cosmetics, pharmaceuticals, and biomaterials. Additionally, the growing trend towards natural and sustainable ingredients in consumer products fuels the demand for keratin sourced from renewable and ethically produced raw materials, driving market growth further.
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Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players operating in the market.
- Akola Chemicals Limited
- BASF SE
- Greentech Biochemicals Co. Ltd.
- Hefei TNJ Chemical Industry Co. Ltd.
- Keraplast Technologies
- Keratin Express LLC
- MakingCosmetics Inc.
- NutriScience Innovations LLC
- Parchem Fine & Specialty Chemicals
- ProgenaCare Global
- Rejuvenol Inc.
- Wellgreen Technology Co. Ltd.
Keratin Market Market Report Segmentation:
Our report has categorized the market based on region, type and application.
Type Insights:
- Alpha-Keratin
- Beta-Keratin
Application Insights:
- Personal Care and Cosmetics
- Healthcare and Pharmaceuticals
- Food and Beverages
Regional Insights:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, South Korea, Others)
- Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
- Middle East and Africa (Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)
Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About US:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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