Allantoin Market Research Report- Market size, Industry outlook, Market Forecast, Demand Analysis, Market Share, Market Report 2024-2030
Overview
Allantoin Market is forecast to reach $1.08 billion by 2030, after growing at a CAGR of 6.5% during 2024-2030. Allantoin is also known as 5-ureidohydantoin or glyoxyldiureide. It is the diureide of glyoxylic acid and is formed by the degradation of purine nucleobase by urate oxidase. Increasing product demand for the manufacture of various personal care products, growing demand for anti-aging products, increasing scope of allantoin applications in pharmaceutical products, such as eye drops and skincare creams, are some of the factors driving the allantoin market growth. The Allantoin Market is experiencing a significant upswing in demand driven by its widespread incorporation in personal care and cosmetic products. Renowned for its skin-soothing and moisturizing properties, allantoin is a key ingredient in creams, lotions, and skincare formulations. As consumers increasingly prioritize skincare and wellness, manufacturers are leveraging allantoin's anti-irritant and hydrating benefits to create products that cater to this growing market segment. The Allantoin Market is witnessing a surge in its application within pharmaceutical formulations, driven by its therapeutic properties. Allantoin's ability to promote wound healing and accelerate tissue regeneration has led to its integration in various pharmaceutical products, including topical ointments and dermatological medications. As research underscores its anti-inflammatory and cell-proliferation attributes, pharmaceutical companies are increasingly recognizing the potential of allantoin in enhancing the efficacy of therapeutic formulations.
Market Snapshot:
Report Coverage
The report: “Allantoin Market – Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Allantoin Market.
By Type- Natural, Synthetic
By Sales Channe: B2B, B2C
By Application- Moisturizers and Lotions, Anti-Aging Formulations, Wound Healing Ointments, Dermatological Medications, Others
By End User: Cosmetics, Oral Hygiene, Pharmaceutical
By Geography: North America (U.S, Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, Rest of South America) and Rest of The World (Middle East, Africa).
Key Takeaways
- Research and development of allantoin glyoxylic acid by key suppliers and manufacturers is expected to increase allantoin's capability and availability and push its demand rapidly.
- Increasing drug and medicine developments due to rising diseases, such as Ebola and H1N1, will have a positive impact on the pharmaceutical industry, which will then drive the global market demand for allantoin over the forecast period.
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Application - Segment Analysis
The moisturizers and lotions application segment is holds the largest share of the allantoin market in 2023. Allantoin is widely used as a moisturizing and skin-soothing ingredient in various creams, lotions, serums, and other skincare preparations. Its ability to increase skin smoothness, improve skin texture, and promote cell regeneration makes it a popular ingredient in anti-aging products as well. Furthermore, allantoin is also widely used in ointments and medications for treating skin issues like dermatitis, eczema, and psoriasis due to its wound healing and keratolytic properties. The rising demand for allantoin-based moisturizers, anti-aging creams, and dermatological preparations is driving the growth of this application segment.
End User - Segment Analysis
Pharmaceuticals segment holds the largest share in the allantoin market in 2023. Allantoin is a widely used ingredient for wound healing due to its cell proliferation properties in several topical creams and lotions. It is used in the treatment of a number of skin diseases, such as psoriasis and eczema. As a result, the growing demand for preventive healthcare led the pharmaceutical application segment to account for a significant share.
Geography - Segment Analysis
The Asia Pacific dominated the industry in terms of revenue in 2023, accounting for 45% of the market share. The rapid growth of the cosmetics industry in the region due to rising consumer disposable income and changing lifestyles is expected to have a positive impact on the growth of the industry. In addition, the regional pharmaceutical sector will see significant demand as pharmaceutical manufacturers shift their focus towards establishing their manufacturing facilities in India and China, which will strengthen the market size of allantoin across the region.
Drivers – Allantoin Market
-
Growth in hair and skincare products demand.
Growing demand for skin and hair care is expected to drive the market for hair and skincare products in the forecast period as there is a growing awareness among consumers of healthy skin and hair, which is expected to drive demand for allantoin on the global market. Skincae products include face cream, sun care products, hand and body lotion and facial treatment products while the hair care treatment market includes shampoos and conditioner among others. Changing lifestyle and growing consumer disposable income, particularly in emerging economies like China, Brazil, and India, are expected to drive the personal care industry, thereby increasing demand for allantoin. Over the past few decades, male grooming has become a mainstream industry, and this industry is expected to grow further to drive the market for allantoin.
Challenges – Allantoin Market
-
Stringent regulations on the ban of comfrey extracts, as the product.
The global market of allantoin is negatively affected by the ban on extracts of comfrey, as the product is extracted from comfrey plants. The U.S., Europe and Australia have stringent regulatory restrictions on these products which may impede the overall growth of the industry over the forecast period. The prohibition on comfrey extracts has led to supply chain disruptions and increased production costs, impacting the overall market dynamics. Industry players are compelled to explore alternative sources for allantoin or invest in advanced extraction technologies to comply with regulatory standards.
Market Landscape
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Allantoin Market. Major players in the Allantoin Market are Akema Srl, Rita Corporation, Merck Group, Allan Chemical Corporation, EMD Performance Materials Corporation, among others.
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1. Allantoin Market - Overview
1.1 Definitions and Scope
2. Allantoin Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Allantoin Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Allantoin Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Allantoin Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Allantoin Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Allantoin Market - Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Allantoin Market - By Type (Market Size -$Million / $Billion)
8.1 Natural
8.2 Synthetic
9. Allantoin Market - By Sales Channel (Market Size -$Million / $Billion)
9.1 Direct Sales/ B2B
9.2 Indirect Sales/ B2C
10. Allantoin - By Application (Market Size -$Million / $Billion)
10.1 Moisturizers and Lotions
10.2 Anti-Aging Formulations
10.3 Wound Healing Ointments
10.4 Dermatological Medications
10.5 Others
11. Allantoin - By End User (Market Size -$Million / $Billion)
11.1 Cosmetic
11.2 Pharmaceutical
11.3 Oral Hygiene
12. Allantoin - By Geography (Market Size -$Million / $Billion)
12.1 Allantoin Market - North America Segment Research
12.2 North America Market Research (Million / $Billion)
12.2.1 Segment type Size and Market Size Analysis
12.2.2 Revenue and Trends
12.2.3 Application Revenue and Trends by type of Application
12.2.4 Company Revenue and Product Analysis
12.2.5 North America Product type and Application Market Size
12.2.5.1 U.S
12.2.5.2 Canada
12.2.5.3 Mexico
12.2.5.4 Rest of North America
12.3 Allantoin- South America Segment Research
12.4 South America Market Research (Market Size -$Million / $Billion)
12.4.1 Segment type Size and Market Size Analysis
12.4.2 Revenue and Trends
12.4.3 Application Revenue and Trends by type of Application
12.4.4 Company Revenue and Product Analysis
12.4.5 South America Product type and Application Market Size
12.4.5.1 Brazil
12.4.5.2 Venezuela
12.4.5.3 Argentina
12.4.5.4 Ecuador
12.4.5.5 Peru
12.4.5.6 Colombia
12.4.5.7 Costa Rica
12.4.5.8 Rest of South America
12.5 Allantoin- Europe Segment Research
12.6 Europe Market Research (Market Size -$Million / $Billion)
12.6.1 Segment type Size and Market Size Analysis
12.6.2 Revenue and Trends
12.6.3 Application Revenue and Trends by type of Application
12.6.4 Company Revenue and Product Analysis
12.6.5 Europe Segment Product type and Application Market Size
12.6.5.1 U.K
12.6.5.2 Germany
12.6.5.3 Italy
12.6.5.4 France
12.6.5.5 Netherlands
12.6.5.6 Belgium
12.6.5.7 Denmark
12.6.5.8 Spain
12.6.5.9 Rest of Europe
12.7 Allantoin - APAC Segment Research
12.8 APAC Market Research (Market Size -$Million / $Billion)
12.8.1 Segment type Size and Market Size Analysis
12.8.2 Revenue and Trends
12.8.3 Application Revenue and Trends by type of Application
12.8.4 Company Revenue and Product Analysis
12.8.5 APAC Segment - Product type and Application Market Size
12.8.5.1 China
12.8.5.2 Australia
12.8.5.3 Japan
12.8.5.4 South Korea
12.8.5.5 India
12.8.5.6 Taiwan
12.8.5.7 Malaysia
12.8.5.8 Hong Kong
12.8.5.9 Rest of APAC
12.9 Allantoin - Middle East Segment and Africa Segment Research
12.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
12.10.1 Segment type Size and Market Size Analysis
12.10.2 Revenue and Trend Analysis
12.10.3 Application Revenue and Trends by type of Application
12.10.4 Company Revenue and Product Analysis
12.10.5 Middle East Segment Product type and Application Market Size
12.10.5.1 Israel
12.10.5.2 Saudi Arabia
12.10.5.3 UAE
12.10.6 Africa Segment Analysis
12.10.6.1 South Africa
12.10.6.2 Rest of Middle East & Africa
13. Allantoin Market - Entropy
13.1 New product launches
13.2 M&A s, collaborations, JVs and partnerships
14. Allantoin Market - Industry / Segment Competition landscape Premium
14.1 Market Share Analysis
14.1.1 Market Share by Country- Top companies
14.1.2 Market Share by Region- Top 10 companies
14.1.3 Market Share by type of Application - Top 10 companies
14.1.4 Market Share by type of Product / Product category- Top 10 companies
14.1.5 Market Share at the global level - Top 10 companies
14.1.6 Best Practises for companies
15. Allantoin Market - Key Company List by Country Premium
16. Allantoin Market Company Analysis
16.1 Market Share, Company Revenue, Products, M&A, Developments
16.2 Akema Srl
16.3 Clariant AG
16.4 Merck Group
16.5 Allan Chemical Corporation
16.6 EMD Performance Materials Corporation
16.7 Hubei Shunhui Bio-Technology Co., Ltd.
16.8 Biosynth Carbosynth
16.9 Sunwell Chemicals Co.,Ltd.
16.10 WeylChem
16.11 Ashland Global Holdings Inc. & More
*Financials would be provided on a best efforts basis for private companies*
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LIST OF TABLES
1.Global Allantoin Application Outlook Market 2023-2030 ($M)
1.1 Cosmetic Market 2023-2030 ($M) - Global Industry Research
1.2 Pharmaceutical Market 2023-2030 ($M) - Global Industry Research
1.3 Oral Hygiene Market 2023-2030 ($M) - Global Industry Research
2.Global Competitive Landscape Market 2023-2030 ($M)
2.1 Ashland Inc Market 2023-2030 ($M) - Global Industry Research
2.2 Clariant Market 2023-2030 ($M) - Global Industry Research
2.3 Rita Corporation Market 2023-2030 ($M) - Global Industry Research
2.4 Akema Fine Chemical Market 2023-2030 ($M) - Global Industry Research
2.5 Huanghua Suntime Chemical Industry Co Ltd Market 2023-2030 ($M) - Global Industry Research
2.6 Zhanhua Jinyuan Lide Biotechnology Co Ltd Market 2023-2030 ($M) - Global Industry Research
2.7 Luotian Guanghui Chemical Co Ltd Market 2023-2030 ($M) - Global Industry Research
2.8 Allan Chemical Corporation Market 2023-2030 ($M) - Global Industry Research
2.9 Emd Performance Material Corporation Market 2023-2030 ($M) - Global Industry Research
2.10 Lubon Industry Co Ltd Market 2023-2030 ($M) - Global Industry Research
3.Global Allantoin Application Outlook Market 2023-2030 (Volume/Units)
3.1 Cosmetic Market 2023-2030 (Volume/Units) - Global Industry Research
3.2 Pharmaceutical Market 2023-2030 (Volume/Units) - Global Industry Research
3.3 Oral Hygiene Market 2023-2030 (Volume/Units) - Global Industry Research
4.Global Competitive Landscape Market 2023-2030 (Volume/Units)
4.1 Ashland Inc Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Clariant Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Rita Corporation Market 2023-2030 (Volume/Units) - Global Industry Research
4.4 Akema Fine Chemical Market 2023-2030 (Volume/Units) - Global Industry Research
4.5 Huanghua Suntime Chemical Industry Co Ltd Market 2023-2030 (Volume/Units) - Global Industry Research
4.6 Zhanhua Jinyuan Lide Biotechnology Co Ltd Market 2023-2030 (Volume/Units) - Global Industry Research
4.7 Luotian Guanghui Chemical Co Ltd Market 2023-2030 (Volume/Units) - Global Industry Research
4.8 Allan Chemical Corporation Market 2023-2030 (Volume/Units) - Global Industry Research
4.9 Emd Performance Material Corporation Market 2023-2030 (Volume/Units) - Global Industry Research
4.10 Lubon Industry Co Ltd Market 2023-2030 (Volume/Units) - Global Industry Research
5.North America Allantoin Application Outlook Market 2023-2030 ($M)
5.1 Cosmetic Market 2023-2030 ($M) - Regional Industry Research
5.2 Pharmaceutical Market 2023-2030 ($M) - Regional Industry Research
5.3 Oral Hygiene Market 2023-2030 ($M) - Regional Industry Research
6.North America Competitive Landscape Market 2023-2030 ($M)
6.1 Ashland Inc Market 2023-2030 ($M) - Regional Industry Research
6.2 Clariant Market 2023-2030 ($M) - Regional Industry Research
6.3 Rita Corporation Market 2023-2030 ($M) - Regional Industry Research
6.4 Akema Fine Chemical Market 2023-2030 ($M) - Regional Industry Research
6.5 Huanghua Suntime Chemical Industry Co Ltd Market 2023-2030 ($M) - Regional Industry Research
6.6 Zhanhua Jinyuan Lide Biotechnology Co Ltd Market 2023-2030 ($M) - Regional Industry Research
6.7 Luotian Guanghui Chemical Co Ltd Market 2023-2030 ($M) - Regional Industry Research
6.8 Allan Chemical Corporation Market 2023-2030 ($M) - Regional Industry Research
6.9 Emd Performance Material Corporation Market 2023-2030 ($M) - Regional Industry Research
6.10 Lubon Industry Co Ltd Market 2023-2030 ($M) - Regional Industry Research
7.South America Allantoin Application Outlook Market 2023-2030 ($M)
7.1 Cosmetic Market 2023-2030 ($M) - Regional Industry Research
7.2 Pharmaceutical Market 2023-2030 ($M) - Regional Industry Research
7.3 Oral Hygiene Market 2023-2030 ($M) - Regional Industry Research
8.South America Competitive Landscape Market 2023-2030 ($M)
8.1 Ashland Inc Market 2023-2030 ($M) - Regional Industry Research
8.2 Clariant Market 2023-2030 ($M) - Regional Industry Research
8.3 Rita Corporation Market 2023-2030 ($M) - Regional Industry Research
8.4 Akema Fine Chemical Market 2023-2030 ($M) - Regional Industry Research
8.5 Huanghua Suntime Chemical Industry Co Ltd Market 2023-2030 ($M) - Regional Industry Research
8.6 Zhanhua Jinyuan Lide Biotechnology Co Ltd Market 2023-2030 ($M) - Regional Industry Research
8.7 Luotian Guanghui Chemical Co Ltd Market 2023-2030 ($M) - Regional Industry Research
8.8 Allan Chemical Corporation Market 2023-2030 ($M) - Regional Industry Research
8.9 Emd Performance Material Corporation Market 2023-2030 ($M) - Regional Industry Research
8.10 Lubon Industry Co Ltd Market 2023-2030 ($M) - Regional Industry Research
9.Europe Allantoin Application Outlook Market 2023-2030 ($M)
9.1 Cosmetic Market 2023-2030 ($M) - Regional Industry Research
9.2 Pharmaceutical Market 2023-2030 ($M) - Regional Industry Research
9.3 Oral Hygiene Market 2023-2030 ($M) - Regional Industry Research
10.Europe Competitive Landscape Market 2023-2030 ($M)
10.1 Ashland Inc Market 2023-2030 ($M) - Regional Industry Research
10.2 Clariant Market 2023-2030 ($M) - Regional Industry Research
10.3 Rita Corporation Market 2023-2030 ($M) - Regional Industry Research
10.4 Akema Fine Chemical Market 2023-2030 ($M) - Regional Industry Research
10.5 Huanghua Suntime Chemical Industry Co Ltd Market 2023-2030 ($M) - Regional Industry Research
10.6 Zhanhua Jinyuan Lide Biotechnology Co Ltd Market 2023-2030 ($M) - Regional Industry Research
10.7 Luotian Guanghui Chemical Co Ltd Market 2023-2030 ($M) - Regional Industry Research
10.8 Allan Chemical Corporation Market 2023-2030 ($M) - Regional Industry Research
10.9 Emd Performance Material Corporation Market 2023-2030 ($M) - Regional Industry Research
10.10 Lubon Industry Co Ltd Market 2023-2030 ($M) - Regional Industry Research
11.APAC Allantoin Application Outlook Market 2023-2030 ($M)
11.1 Cosmetic Market 2023-2030 ($M) - Regional Industry Research
11.2 Pharmaceutical Market 2023-2030 ($M) - Regional Industry Research
11.3 Oral Hygiene Market 2023-2030 ($M) - Regional Industry Research
12.APAC Competitive Landscape Market 2023-2030 ($M)
12.1 Ashland Inc Market 2023-2030 ($M) - Regional Industry Research
12.2 Clariant Market 2023-2030 ($M) - Regional Industry Research
12.3 Rita Corporation Market 2023-2030 ($M) - Regional Industry Research
12.4 Akema Fine Chemical Market 2023-2030 ($M) - Regional Industry Research
12.5 Huanghua Suntime Chemical Industry Co Ltd Market 2023-2030 ($M) - Regional Industry Research
12.6 Zhanhua Jinyuan Lide Biotechnology Co Ltd Market 2023-2030 ($M) - Regional Industry Research
12.7 Luotian Guanghui Chemical Co Ltd Market 2023-2030 ($M) - Regional Industry Research
12.8 Allan Chemical Corporation Market 2023-2030 ($M) - Regional Industry Research
12.9 Emd Performance Material Corporation Market 2023-2030 ($M) - Regional Industry Research
12.10 Lubon Industry Co Ltd Market 2023-2030 ($M) - Regional Industry Research
13.MENA Allantoin Application Outlook Market 2023-2030 ($M)
13.1 Cosmetic Market 2023-2030 ($M) - Regional Industry Research
13.2 Pharmaceutical Market 2023-2030 ($M) - Regional Industry Research
13.3 Oral Hygiene Market 2023-2030 ($M) - Regional Industry Research
14.MENA Competitive Landscape Market 2023-2030 ($M)
14.1 Ashland Inc Market 2023-2030 ($M) - Regional Industry Research
14.2 Clariant Market 2023-2030 ($M) - Regional Industry Research
14.3 Rita Corporation Market 2023-2030 ($M) - Regional Industry Research
14.4 Akema Fine Chemical Market 2023-2030 ($M) - Regional Industry Research
14.5 Huanghua Suntime Chemical Industry Co Ltd Market 2023-2030 ($M) - Regional Industry Research
14.6 Zhanhua Jinyuan Lide Biotechnology Co Ltd Market 2023-2030 ($M) - Regional Industry Research
14.7 Luotian Guanghui Chemical Co Ltd Market 2023-2030 ($M) - Regional Industry Research
14.8 Allan Chemical Corporation Market 2023-2030 ($M) - Regional Industry Research
14.9 Emd Performance Material Corporation Market 2023-2030 ($M) - Regional Industry Research
14.10 Lubon Industry Co Ltd Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Allantoin Market Revenue, 2023-2030 ($M)
2.Canada Allantoin Market Revenue, 2023-2030 ($M)
3.Mexico Allantoin Market Revenue, 2023-2030 ($M)
4.Brazil Allantoin Market Revenue, 2023-2030 ($M)
5.Argentina Allantoin Market Revenue, 2023-2030 ($M)
6.Peru Allantoin Market Revenue, 2023-2030 ($M)
7.Colombia Allantoin Market Revenue, 2023-2030 ($M)
8.Chile Allantoin Market Revenue, 2023-2030 ($M)
9.Rest of South America Allantoin Market Revenue, 2023-2030 ($M)
10.UK Allantoin Market Revenue, 2023-2030 ($M)
11.Germany Allantoin Market Revenue, 2023-2030 ($M)
12.France Allantoin Market Revenue, 2023-2030 ($M)
13.Italy Allantoin Market Revenue, 2023-2030 ($M)
14.Spain Allantoin Market Revenue, 2023-2030 ($M)
15.Rest of Europe Allantoin Market Revenue, 2023-2030 ($M)
16.China Allantoin Market Revenue, 2023-2030 ($M)
17.India Allantoin Market Revenue, 2023-2030 ($M)
18.Japan Allantoin Market Revenue, 2023-2030 ($M)
19.South Korea Allantoin Market Revenue, 2023-2030 ($M)
20.South Africa Allantoin Market Revenue, 2023-2030 ($M)
21.North America Allantoin By Application
22.South America Allantoin By Application
23.Europe Allantoin By Application
24.APAC Allantoin By Application
25.MENA Allantoin By Application