Lucintel Forecasts Ceramide Market To Grow At A Cagr Of 5%-6% From 2020 To 2025

By Author: Lucintel LLC
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According to the recent study the Ceramide Market is projected to grow at a CAGR of 5%-6% from 2020 to 2025. Growth in this market is primarily driven by increasing demand for natural cosmetics and personal care ingredients.
Browse XX figures / charts and XX tables in this 150-page report to understand trends, opportunities and forecast in ceramide market by application (cosmetics, pharmaceutical, food, petcare, and others), process (fermentation and plant extraction), grade type (cosmetic grade, pharmaceutical grade, and others), and region (North America, Europe, Asia Pacific, and Rest of the World).
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“Plant extract market is expected to remain the largest segment during the forecast period.”
Based on process, the ceramide market is segmented into fermentation and plant extraction. Lucintel forecasts that the plant extract market is expected to remain the largest segment rising demand for plant-based ingredients as compared to ingredients derived from animal sources ...
... or other synthetic sources.
“Within the ceramide market, the cosmetics segment is expected to remain the largest application.”
Based on application the cosmetics segment is expected to witness the highest growth over the forecast period.
“Asia pacific will dominate the ceramide market in near future.”
Asia Pacific will remain the largest region and it is also expected to witness the highest growth over the forecast period due to a large base of geriatric population and high demand for environment friendly personal care products.
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Major players of ceramide market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Evonik, Ashland, Croda, Arkema, and Shiseido are among the major ceramide providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/ceramide-market.aspx or helpdesk@lucintel.com
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Lucintel
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