Keratin Market to Reach USD 2.7 Billion by 2032 Owing to

From GlobeNewswire: 2025-02-18 10:00:00

The keratin market was valued at USD 1.6 billion in 2023 and is projected to reach USD 2.7 billion by 2032 with a CAGR of 6.1%. The market growth is driven by the increasing consumer demand for hair and skin care products infused with keratin.

North America led the market in 2023, accounting for 38% of total revenue, attributed to the rising interest in hair and skin health. The fastest-growing region is Asia Pacific, with a CAGR of 6.5%, driven by the popularity of keratin-based hair treatments.

Alpha-keratin, accounting for 65% of the market share in 2023, is a key ingredient in strengthening and repairing hair. Hydrolyzed keratin, which held a 70% market share, is popular for its ability to penetrate and protect damaged hair.

The personal care and cosmetics segment dominated the market with over 80% market share, showcasing the increasing use of keratin in beauty products. Pantene launched a keratin-infused hair care line in response to growing market demand.

Key companies in the keratin market include BASF SE, Keraplast, and Clariant. The market report covers segments such as type (alpha and beta-keratin), product (hydrolyzed and others), and applications (personal care, food, healthcare).

The global keratin market is expected to continue its growth trajectory, driven by consumer preferences for natural and organic ingredients in hair care products. For further information or customization options, contact SNS Insider at [email protected]. 1. The stock market saw a significant drop today, with the Dow Jones falling by 500 points. This was attributed to concerns over rising inflation and interest rates, leading to investors selling off their stocks.

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