The global Ceramides Market is estimated to grow irresistibly in the forecast period. With the increasing involvement of consumers in decision-making, digital innovation is witnessing a greater demand. Also, the use of data analytics and interoperable data is asking for public-private collaborations concerning organic and inorganic development. This would, in turn, pave the way for more cordial relationships between the end-users and the manufacturers/key players.
A new market research report titled, ‘Ceramides Market: Global Industry Analysis 2014-2018 and Forecast 2019-2029’, by Persistence Market Research (PMR), offers critical insights for the forecast period 2019 to 2029, and investigates the ceramides market at a global level. As per the findings of the global ceramides market report, the market is expected to grow at a noteworthy rate over the forecast period, as the demand for natural- and plant-based active ingredients from cosmetics and personal care and pharmaceutical industries is on the rise.
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The market value of the global ceramides market was US$ 345.2 Mn in 2018, and it is forecasted that this value will reach around US$ 700 Mn by the end of 2019. The CAGR index at which the global ceramides market is expected to grow throughout the forecast period is over 6% in terms of the market value. This significant growth is a result of several factors that are driving the growth of the global ceramides market with a high level of impact. One of the key driving factors is increasing consumer awareness towards personal care and health that has resulted in a notable hike in the sales of personal care products and drugs across geographies.
Company Profiles:
- Evonik Industries AG
- Avanti Polar Lipids
- Matreya, LLC
- Ashland Inc.
- Croda International Plc.
- Plamed Green Science Group
- Cayman Chemical Company
- Arkema S.A.
- Toronto Research Chemicals
- Jarchem Industries Inc.
- Shiseido Company
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