Mandelic Acid Market Growth Opportunities and Forecast till 2030
The Global Market for Mandelic Acid accounted for US$ 237 Million in 2021 and is anticipated to reach US$ 724 Million by 2030 with a CAGR of 13.7% from 2022 to 2030.
Mandelic acid is a powerful AHA (alpha hydroxy acid) that aids in the exfoliation of dead skin cells, revealing new skin beneath. The acid works similarly to a peel, but it's not nearly as sophisticated as clinical peels, which require downtime and might irritate some skin types. It gently removes the top layer of your skin and can be an excellent addition to people’s daily routines. Mandelic acid is an AHA (alpha hydroxy acid) that, when compared to physical exfoliants, can help resurface your skin more gently. AHAs operate by breaking the links between damaged skin cells on your skin's surface and sloughing them away to show newer, healthier skin. That's why mandelic acid, derived from bitter almonds, is regarded as an effective exfoliant that leaves you with a brighter, more even-toned skin. Mandelic acid, whether used frequently on its own or in combination with other treatments, can greatly improve the appearance of your skin. It's also gentler than other commonly used AHAs like glycolic acid and lactic acid.
Parameter |
Mandelic Acid Market |
Mandelic Acid Market Size in 2021 |
US$ 237 Million |
Mandelic Acid Market Forecast By 2030 |
US$ 724 Million |
Mandelic Acid Market CAGR During 2022 – 2030 |
13.7% |
Mandelic Acid Market Analysis Period |
2018 - 2030 |
Mandelic Acid Market Base Year |
2021 |
Mandelic Acid Market Forecast Data |
2022 - 2030 |
Segments Covered |
By Type, By Application, By Industry Vertical, and By Region |
Mandelic Acid Market Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
BASF, BIOTEC, Hanhong Chemicals, Keyuan Biopharma, R.L. Chemicals, Runder Pharmda, Shengyu Chemical, Smart Chemicals, TNJ, Xingtai Science and Technology, and Xinhetai Science and Technology |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Market Dynamics
The demand for mandelic acid is rising as consumer concerns about personal care grow. This is one of the variables driving mandelic acid demand over the anticipated period. When compared to other chemical exfoliants, Mandelic acid has a higher molecular weight. They penetrate the skin slowly and are therefore gentle on the skin, especially for those with sensitive skin. It also has a chemical advantage over harsh physical exfoliators. Mandelic acid can help break down the skin's surface and speed up cell turnover, both of which are beneficial to acne-prone skin. It has antibacterial qualities that help it combat the bacteria P.acnes. It aids in the regulation of sebum in the skin and prevents acne from forming in the first place. Mandelic acid's exfoliating and resurfacing qualities make it an effective treatment for hyperpigmentation and discoloration problems including dark spots, melasma, and sun damage.
Mandelic acid is used to make fine chemical reagents, which are employed in a variety of industries, including the electronics manufacturing process. The mandelic acid market is being driven by the evolution of electronic products. The need for mandelic acid is increasing as textile production and distribution expand. Mandelic acid is used in the synthesis of fine chemical reagents, which are used in the manufacturing process of electronics in a variety of sectors.
The target market is predicted to rise due to a thriving pharmaceutical sector in both developed and emerging nations, as well as increased investment by major players in the discovery of new treatments and the introduction of new products.
Market Insights
Type, application, industry vertical, and region are the six categories of the global mandelic acid industry. DL type, L type, D type, and others are the categorization of type segments. Among them, the DL-type segment occupied the largest market share in 2021. However, L mandelic acid is widely utilized in the pharmaceutical sector to make a variety of medicines. The application sector is sub-segmented into dye intermediate, API synthesis, and others. Based on industry verticals, the segmentation includes cosmetics, chemical and petrochemical, food & beverages, healthcare, and others. Mandelic acid is widely utilized in cosmetics due to its ability to exfoliate and revitalize skin, making it the fastest-expanding segment. It's also utilized as an exfoliating agent before cosmetic procedures.
Global Mandelic Acid Market Geographical Competition
North America, Europe, Latin America, Asia-Pacific, and the Middle East & Africa are the segmentation of the worldwide Mandelic Acid industry. Because of the growing pharmaceutical industry North America has conquered the maximum market share of the market for mandelic acid. The mandelic acid market is predicted to develop due to advancements in active pharmaceutical medication manufacture and considerable investments in the pharmaceutical sector. Mandelic acid is a dye intermediary used in the textile industry. As a result, the rise of the textile sector in the Asia Pacific is expected to boost the region's market.
Global Mandelic Acid Industry Segment Analysis
Mandelic Acid Market By Type
· L Type
· DL Type
· D Type
Mandelic Acid Market By Application
· Dye Intermediate
· API Synthesis
· Others
Mandelic Acid Market By Industry Vertical
· Cosmetics
· Chemical and Petrochemical
· Healthcare
· Food & Beverages
· Others
Mandelic Acid Market Leading Companies
This section of the study honors the market's top vendors. BASF, BIOTEC, Hanhong Chemicals, Keyuan Biopharma, R.L. Chemicals, Runder Pharmda, Shengyu Chemical, Smart Chemicals, TNJ, Xingtai Science and Technology, and Xinhetai Science and Technology are the key companies mentioned in the research.
Mandelic Acid Market Regions
North America
· U.S.
· Canada
Europe
· U.K.
· Germany
· France
· Spain
· Rest of Europe
Latin America
· Brazil
· Mexico
· Rest of Latin America
Asia-Pacific
· China
· Japan
· India
· Australia
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· GCC
· South Africa
· Rest of Middle East & Africa