High prosperity of hyaluronic acid industry chain and huge potential of terminal market From In depth report on hyaluronic acid industry

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The following is the High prosperity of hyaluronic acid industry chain and huge potential of terminal market From In depth report on hyaluronic acid industry recommended by recordtrend.com. And this article belongs to the classification: Brokerage Report, Life data.

The technology of extracting hyaluronic acid by biological fermentation is mature in China, and the terminal market demand is strong.

1) The discovery of raw materials for hyaluronic acid began overseas. Later, China lingpeixue and his team solved the problem of biological fermentation to extract hyaluronic acid, reducing the extraction cost and realizing the large-scale production of hyaluronic acid. With the continuous maturity of technology, the production and supply efficiency of hyaluronic acid has been continuously improved, which provides the core power for the growth of demand side.

2) The application scope of terminal products is gradually expanding, from medicine to cosmetics and food, and then to oral care, cancer treatment and other new fields. The potential of the terminal market is constantly tapped, and the industry dividend period is gradually extended.

Raw material end: the market of hyaluronic acid is booming, and the production capacity and sales volume of food grade, cosmetic grade and pharmaceutical grade are growing rapidly.

1) Production capacity: more than 80% of the global production and sales of hyaluronic acid raw materials come from China. At present, the production capacity of Huaxi biological, the leading raw material producer, and the focus biology, which ranks the second in sales volume, are 420 tons. Both of them have plans to continue to expand production. The overall production capacity of the market is expected to be greatly increased in the future.

2) Sales volume: in 2018, the global sales volume of hyaluronic acid was 500 tons, and the compound growth rate of the overall sales volume in 14-18 years was 22.8%, in which the compound growth rate of the sales of food grade, cosmetic grade and pharmaceutical grade raw materials was 29.4%, 18.0% and 22.1%, respectively, showing a rapid growth trend.

① At present, the capacity of food grade raw materials is mainly in overseas market, mainly because the related health food is more common in overseas market;

② As a basic component in cosmetics, cosmetic grade hyaluronic acid needs to be expanded;

③ In the pharmaceutical grade hyaluronic acid, the raw material of hyaluronic acid used in medical and American medicine is growing rapidly.

Product side: hyaluronic acid terminal products are widely used, mainly optimistic about cosmetics and medical products. 1) The end products related to hyaluronic acid can be used in food, cosmetics and medicine (medicine + medical and aesthetic products) according to the grade of raw materials. Among them, the food terminal market is mainly overseas; the domestic growth rate of cosmetics and medical products is faster than that of overseas. 2) In terms of cosmetics, at present, more than 80% of skin care products are added with hyaluronic acid, and hyaluronic acid is the most mentioned ingredient in tmall skin care products, and it is widely used. In addition, with the rise of “ingredient party”, the safe and effective hyaluronic acid is generally recognized by consumers. 3) In terms of medicine and beauty, at present, China’s medical and aesthetic market penetration is low, and the proportion of injection medicine and beauty market is gradually increasing. Hyaluronic acid is the main injection product, and the compound growth rate of terminal product scale in 14-18 years is 32.2%. Therefore, there is a lot of room for improvement of hyaluronic acid medical and aesthetic products.

The rise of Chinese cosmetic market represents the rapid growth of brands. 1) Sensitive muscle and “ingredient party” drive the rise of Chinese cosmetic market.

Because of the safety and effectiveness of cosmeceuticals, it is recognized by sensitive muscles and “ingredient party”. After the concept of “cosmeceuticals” was banned in the legal level, the popularity of related names such as sensitive muscles, medical beauty, and machinery brands increased rapidly, leading to more and more fine differentiation of the market and driving the growing scale of the cosmeceutical market. 2) Representative brands Winona, Yuze, Yilian and runbaiyan have achieved rapid growth in the past 20 years. According to Taobao data, in the first half of 2020, the sales of Winona, Yuze, Yilian and runbaiyan online tmall Taobao increased by 76%, 6 times, 1 time and 2 times compared with the same period of last year, which showed that the scene bearing of pharmaceutical and makeup market was higher than that of the overall Chinese cosmetics market.

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