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Food Grade Hyaluronic Acid Market Size, Share & Industry Analysis, By Type (Common Food, Health Food), By Application (Food Beverage, Jelly, Dairy Products, Others) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI104212 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Hyaluronic acid is also called hyaluronan or HA. It is a high molecular weight polysaccharide with N-acetyl-glucosamine and D- glucuronic acid as repeating structure unit. It appears as a white color, and available in powder form. The food grade hyaluronic acid is produced from the fermentation process, in which the raw materials such as peptone, yeast extract, and glucose are used during the process. Furthermore, the edible hyaluronic acid has some beneficial functions and properties which include lubrication, water retention, good biocompatibility, and viscosity. These properties surge the demand for food grade hyaluronic acid in various applications such as food, beverage, jelly, and dairy products.


The lower amount of hyaluronic acid in the body can cause arthritis, skin wrinkles, and arteriosclerosis. These factors raise the need for hyaluronic acid by many of the consumers. The product is used as a supplement in foods and beverages such as cookies, ice cream, and candy. It increases the supply deficiency of HA by absorbing and digesting HA content in the human body, and helps to make the skin smooth, and soft. The rapidly growing food & beverage industry coupled with product developments will surge the demand for food grade hyaluronic acid during the forecast period.

However, the low awareness amongst the people regarding the use and benefits of hyaluronic acid, restrict its use in various applications. Hence, this is anticipated to hamper the market growth.  

Up Arrow

Key Market Driver -

Rising demand for food supplement products to drive the hyaluronic acid market

Down Arrow

Key Market Restraint -

Low awareness leads to restrict the market growth


Market Segmentation:


Based on type, the food grade hyaluronic acid market is segmented into common food and health food. Based on application, the market is segmented into food, beverage, jelly, dairy products, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.   

Key Players Covered:


The key players in the food grade hyaluronic acid market include Freshine Chem, Stanford Chemicals, Baoding Faithful Industry Co.,ltd, Liuzhou Shengqiang Biotech Co.,Ltd., Hydrolyzed Collagen Peptides, TransChem Pty Ltd., Cellbone Technology Inc., Shijiazhuang Lateen Chemical Co., LTD, Contipro a.s., and ALB Technology Limited.

Key Insights



  • Key Emerging Trends – For Major Countries

  • Key Developments: Mergers, Acquisition, Partnership, etc.

  • Latest Technological Advancement

  • Insights on Regulatory Scenarios

  • Porters Five Forces Analysis


Regional Analysis:


Europe is anticipated to witness sustainable growth in the food-grade hyaluronic acid market. The growth is attributed to the rapid growth in the food industry, which further surged the product demand in this region. The higher adoption of the product in bakery products will fuel the market growth in North America. In Asia Pacific, the growth is due to rising demand for the hyaluronic acid in the beverage applications. The Middle East & Africa is anticipated to witness significant growth, owing to the demand for health food from the consumers.

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Segmentation






















 ATTRIBUTE

   DETAILS

By Type

  • Common Food

  • Health Food

By Application

  • Food

  • Beverage

  • Jelly

  • Dairy Products

  • Others

By Geography

  • North America (U.S. and Canada)

  • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)

  • Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia, and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)




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  • 2023
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