Wednesday, December 26, 2018
Retinol (Vitamin A) Market: Global Industry Share, Market Trends and Forecast 2026
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The latest market report published by Credence Research,
Inc. “Global Retinol
(Vitamin A) Market - Growth, Future Prospects, Competitive
Analysis, 2018 - 2026,” the global retinol (vitamin A) market is set
to expand at a CAGR of 4.8% from 2018 to 2026.
Market Insights
Retinol (vitamin A) is synthesized by the breakdown of
beta-carotene. Commercial production of retinoid typically require the
reduction of a pentadiene derivative followed by subsequent hydrolysis of the
resulting isomer to extract pure retinol. It is usually stored in the form of
ester derivatives such as retinyl palmitate and retinyl acetate due to enhanced
oxidation of retinol at room temperature. The market is driven by key factors
such as developing healthcare sector, higher disposable income and solid
distribution network.
Natural sources such as sweet potato, carrots, eggs and
other dairy products provide natural retinoid in daily dietary intake. The
quantity retained by the human body is minuscule which is related to the
increasing demand for synthetic retinol. Synthetic retinol is the leading and
fastest growing market in the type segment on account of the enhanced
pharmacodynamic and pharmacokinetic parameters possessed by synthetic retinol.
In the current scenario cosmetic products are ruling the
application segment for retinol (vitamin A) market. Reduced serum level of
retinol in patients suffering with atopic dermatitis and acne vulgaris
increases the popularity of retinol. It works by unclogging the skin pores and
enhance the penetration of drug molecules in gel and cream formulation.
Fortified food is gathering tremendous attraction on account of the flourishing
food and dietary supplement industry.
North America is dominating the geographical segment for
retinol (vitamin A) market. According to the Center for Disease Control and
Prevention, 3.3 million American citizens are suffering with eye disorders.
Rising public health awareness and flourishing dairy industry drive the retinol
(vitamin A) market in North America. Rising prevalence of skin disorders such
as atopic dermatitis and acne vulgaris propel the retinol (vitamin A) market in
Europe. Presence of major players such as Bausch & Lomb Incorporated, DSM
and Sigma-Aldrich etc. cater to the local requirement of retinol (vitamin A) in
Europe. Asia Pacific serves as a potential market opportunity on account of
increasing number of children suffering with retinol (vitamin A) deficiency.
Proactive role played by government healthcare agencies by providing food
fortification and supplementation to the targeted vitamin A deficient
population.
The biotechnology companies manufacturing retinol (vitamin
A) are Adisseo, BASF SE, Bausch & Lomb Incorporated, CooperVision, Ion
Labs, Inc., DSM, Riken Vitamin Co., Ltd., Seidler Chemical Co, Inc.,
Sigma-Aldrich and Zhejiang NHU Co., Ltd.
Key Market Movements:
- Rising
prevalence of skin and eyesight disorders throughout the globe
- Increasing
demand for food fortification and dietary supplementation process to fight
vitamin A deficiency
- Easy
production, excellent pharmacodynamic & pharmacokinetic profile
increases the demand for synthetic retinol
Browse the full report Retinol (Vitamin A)
Market - Growth, Future Prospects, Competitive Analysis, 2018 – 2026
report at https://www.credenceresearch.com/report/retinol-vitamin-a-market
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