Azelaic Acid Market: The Increasing Awareness About Skincare and Rising Prevalence of Skin Disorders, Boost the Market Growth

Azelaic Acid market was valued at USD 229.57 Mn in 2023 and is expected to reach USD 374.71 Mn by 2030, at a CAGR of 7.25 % during the forecast period.
Azelaic Acid Market Overview
The azelaic acid market is poised for steady growth during the forecast period, driven by the rising demand for skin brightening and the treatment of hyperpigmentation and acne. Its extensive use in both the pharmaceutical and cosmetic sectors will be a key factor in driving market growth. Moreover, the increasing awareness regarding the efficacy of azelaic acid in addressing various skin issues is expected to bolster sales opportunities.

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Asia Pacific emerged as the dominant region in the global market, primarily fuelled by the growing middle-class populace and the surging expenditure on personal care in countries like India and China. However, stringent regulations surrounding azelaic acid usage might present hurdles to seamless market growth. Additionally, the availability of alternative products for acne treatment and skin lightening could somewhat impede revenue growth. The global azelaic acid market is expected to maintain a steady performance, contingent upon regulatory support for new applications and the growth of distribution networks, mainly in developing regions.
Azelaic Acid Market Dynamics
Increasing utilization as a tanning agent:

The utilization of azelaic acid as a tanning agent has experienced a steady rise in recent years, emerging as a significant driver in the growth of the azelaic acid market. Azelaic acid, a naturally occurring dicarboxylic acid found in wheat, rye, and barley, exhibits a melanin-based tanning effect when applied topically on the skin. The increasing demand for natural sunless tanning solutions is propelling individuals towards azelaic acid-based tan-inducing products as alternatives to traditional self-tanning or UV methods. According to research conducted by the Canadian Dermatology Association in 2022, over 50% of Canadians who used tanning products in the past year opted for sunless tanners, seeking a safer approach to achieve a natural-looking tan. This growing consumer preference for natural alternatives is proving advantageous for the azelaic acid market.

Moreover, the compound's compatibility with sensitive skin types and its avoidance of producing undesirable orange or green hues, common with some other self-tanner active ingredients, further enhances its appeal. For instance, reports published by the World Health Organization between 2020 and 2022 have consistently underscored the health risks associated with UV tanning, thereby reinforcing the shift towards safer melanogenesis-promoting ingredients like azelaic acid.

Manufacturers' integration of azelaic acid into skincare formulations boosts azelaic acid market growth globally.

The Azelaic Acid Market is witnessing a significant surge in demand, driven by the increasing need for cosmetic products addressing various skincare concerns such as pigmentation issues, anti-aging needs, and protection against environmental pollutants. This growing demand is propelling manufacturers to incorporate azelaic acid into their formulations to meet consumer preferences. Globally, there has been a discernible rise in the utilization of azelaic acid in skincare products, reflecting its effectiveness in addressing these concerns. For example, a report published by NCBI in 2023 revealed that approximately 40% of women worldwide suffer from melasma and hyperpigmentation disorders, prompting them to seek topical treatments and cosmetics enriched with azelaic acid. This heightened demand for azelaic acid-infused skincare solutions is presenting substantial opportunities for manufacturers in the azelaic acid market.

Increasing demand in cosmetic industry

The azelaic acid market is growing fast because more people are using it in cosmetics, especially as the beauty industry grows around the world. With a growing emphasis on natural and plant-based ingredients in cosmetic formulations, azelaic acid has emerged as a favoured choice owing to its multitude of skin benefits. The widespread adoption of azelaic acid in various skincare products such as creams, lotions, and serums is attributed to its efficacy in treating a range of dermatological conditions including acne, hyperpigmentation, and rosacea. Its non-irritating properties and natural origins make it an appealing option for both cosmetic brands and consumers alike.

Global natural cosmetics market (2018- 2025 in USD in Billion)



Furthermore, the increasing demand for skincare solutions has led to a surge in azelaic acid usage, further propelling the growth of the azelaic acid market. Manufacturers are incorporating azelaic acid into their formulations to meet consumer preferences for effective and natural ingredients. Moreover, as consumers become more conscious about skincare and seek products that address specific concerns, the azelaic acid market is poised to increase further, driven by the compound's efficacy in fading the appearance of scars and pigmentation resulting from acne.

New product launches:

The Azelaic Acid Market is poised for significant growth, mainly with the introduction of new product launches addressing unmet needs. As a naturally occurring fatty acid found in wheat, rye, and barley, azelaic acid has demonstrated its effectiveness in treating various skin conditions, including rosacea, acne, and hyperpigmentation. With growing concerns about skin health across different age demographics and a rising preference for natural remedies, azelaic acid has emerged as a promising active ingredient. However, traditional topical formulations have faced challenges like skin irritation, limiting their widespread acceptance.

The Azelaic Acid Market's growth potential is being enhanced by innovative delivery systems and product formats. Incorporating encapsulated microparticles or nanoparticles of azelaic acid enables controlled release within the epidermis, thereby reducing irritation. Furthermore, formulating azelaic acid with soothing botanical extracts in gentle cream or lotion bases improves its tolerability. The development of customized product lines targeting specific skin conditions, such as adding tyrosinase-inhibiting plant extracts for hyperpigmentation or antibacterial plant oils for acne-prone skin, is expected to drive increased usage in the market. Additionally, adopting sustainable and eco-friendly packaging aligns with evolving consumer preferences, further boosting Azelaic Acid Market growth.

Innovations in new formulations pose challenges to azelaic acid market growth.

The introduction of new formulations for treating hyperpigmentation and acne vulgaris serves as a significant restraint on the growth of the azelaic acid market. As more advanced and efficacious treatment alternatives emerge, they erode market share from existing products like azelaic acid topical formulations. For example, prescription-strength retinoid creams and lotions are increasingly preferred as first-line treatments for mild to moderate acne due to their superior ability to unclog pores and reduce inflammation compared to azelaic acid.

According to the American Academy of Dermatology, topical retinoids remain one of the most effective over-the-counter options for acne treatment.

The widespread adoption of these alternatives has had an adverse effect on the sales of azelaic acid formulations intended for acne patients. Similarly, the rise of premium hydroquinone-based skin-lightening creams is dampening the demand for azelaic acid in the hyperpigmentation treatment segment. Products containing 4% hydroquinone are highly sought after for conditions like melasma and age spots, given hydroquinone's potent skin-bleaching properties when used under medical supervision for short durations.

Recent Developments:

 
1. June 2023: Hubei TuoChu Kangyuan Pharmaceutical Co., Ltd. unveils patent for innovative azelaic acid production process using renewable feedstocks. The new method promises heightened environmental friendliness and cost-efficiency compared to conventional production approaches.
2. Hubei TuoChu Kangyuan Pharmaceutical Co., Ltd. is engaged in the manufacturing and distribution of traditional Chinese medicine products, operating primarily within China. The company's diverse product portfolio includes nourishing drugs, exterior plasters, loratadine syrup, food supplements, and various other healthcare items.
3. In March 2023, Emery Oleochemicals revealed plans for an expansion of its azelaic acid production capacity at its Cincinnati, Ohio plant. Anticipated to conclude in 2024, this initiative will effectively double the company's production output for azelaic acid.
Mergers and Acquisition:
4. In February 2023, Matrica disclosed its collaboration with the Italian cosmetics company Collistar to develop a novel line of skincare products based on azelaic acid. Expected for launch in early 2024, this new product range aims to offer innovative solutions for skincare needs.
5. Collistar, founded in Milan in 1983 and a part of the Bolton Group, is renowned for its Italian beauty brand. With a presence in Italy and over 45 countries, including 19 years of leadership in Italy, Collistar provides an extensive array of beauty products spanning treatments for the face, body, hair, makeup, aromatherapy, and solar care. The brand is dedicated to sourcing simple and pure cosmetic solutions, ensuring maximum effectiveness and tolerability. Committed to sustainability, Collistar adheres to Bolton Group's sustainable development plan, prioritizing environmental conservation.

Azelaic Acid Market Segment Analysis
Based on Type, the pharma-grade segment has established itself as the leading entity in the market, capturing a significant revenue share of 54%. This dominance is credited to its exceptional purity and wide-ranging applications across cosmetics, pharmaceuticals, and personal care sectors. In the pharmaceutical realm, azelaic acid is utilized in ointments to address conditions such as rosacea and acne, while also serving as a bleaching or whitening active compound in skincare formulations. azelaic acid is expected to sustain robust demand during the forecast period, driven by the rising need for skincare products.

Based on Application, the market is segmented by Pharmaceutical, Adhesives, Plastics, Lubricants, Personal Care & Cosmetics, Others. The plastics segment holds the dominant position in the market, capturing 45% of the global market share. This is primarily due to the rising demand for skincare products and the rapid expansion of dermatological procedures. Conversely, the pharmaceutical segment is projected to experience the highest growth rate within the region, driven by the increasing prevalence of skin care issues such as rosacea and acne, leading to heightened demand for treatment options.


Azelaic Acid Market Regional Insight
North America stands out as the largest global Azelaic Acid market, representing 40% of the total market share. This dominance is attributed to the presence of major competitors in the region, alongside the dynamic and continually increasing cosmetics industry and the rising adoption of tanning agents. On the other hand, Europe is expected to experience the highest growth rate within the region, driven by numerous mergers, acquisitions, and collaborations occurring in the azelaic acid market.
Azelaic Acid Market Scope: Inquire Before Buying



Global Azelaic Acid Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 229.57 Mn.


Forecast Period 2024 to 2030 CAGR:
7.25%
Market Size in 2030:
US $ 374.71 Mn.


 Segments Covered:
by Application
Pharmaceutical
Adhesives
Plastics
Lubricants
Personal Care & Cosmetics
Others


by Type
Polymer Grade
Pharma Grade
Technical Grade



Azelaic Acid Market, by Region
North America (United States, Canada, and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Azelaic Acid Market, Key Players are
1. Emery Oleochemicals - Malaysia
2. Matrica - Italy
3. Croda Sipo (Sichuan) Co., Ltd. - China
4. Antong Hengxing Electronic Materials - China
5. Jiangsu Senxuan Pharmaceutical and Chemical Co., Ltd. - China
6. Matrìca S.p.A. - Italy
7. Hubei TuoChu Kangyuan Pharmaceutical Co., Ltd - China
8. Croda Sipo - China
9. BASF – Germany
10. Evonik Industries AG - Germany
11. DSM - Netherlands
12. Lonza Group - Switzerland
13. Solvay SA - Belgium
14. SABIC - Saudi Arabia
15. Eastman Chemical Company - United States
16. Arkema Group - France
17. Mitsubishi Chemical Corporation - Japan
18. Sumitomo Chemical Co., Ltd. - Japan
19. LG Chem - South Korea
20. Kuraray Co., Ltd. - Japan
21. Celanese Corporation - United States
22. Clariant AG - Switzerland
23. Covestro AG - Germany
24. Aditya Birla Chemicals - India

Frequently asked Questions:
1. What is the growth rate of Global Azelaic Acid Market?
Ans: The Global Azelaic Acid Market is growing at a CAGR of 7.25% during forecasting period 2024-2030.

2. What is scope of the Global Azelaic Acid Market report?
Ans: Global Azelaic Acid Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

3. Who are the key players in Global Azelaic Acid Market?
Ans: The important key players in the Global Azelaic Acid Market are – Croda Sipo (Sichuan) Co., Ltd. – China, Antong Hengxing Electronic Materials – China, Jiangsu Senxuan Pharmaceutical and Chemical Co., Ltd. – China, Matrìca S.p.A. – Italy, Hubei TuoChu Kangyuan Pharmaceutical Co., Ltd – China, BASF – Germany, Evonik Industries AG – Germany, DSM – Netherlands, Lonza Group – Switzerland and Others.

4. What is the study period of this market?
Ans: The Global Azelaic Acid Market is studied from 2023 to 2030.