Azelaic Acid Market is expected to grow at a CAGR of 5%-6% - An exclusive market research report by Lucintel
Lucintel's latest market report analyzed that azelaic acid provides attractive opportunities in cosmetics, pharmaceutical, food, animal feed, and others. The azelaic acid market is expected to grow at a CAGR of 5%-6%. In this market, 1% azelaic acid is the largest segment by product type, whereas animal feed is largest by application.
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Based on product type, the azelaic acid market is segmented into 1% azelaic acid, 2% azelaic acid, and pure azelaic acid (>98%). The 1% azelaic acid segment is accounted for the largest share of the market in 2020 due to demand from animal feed and food industry.
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The azelaic acid market is marked by the presence of several big and small players. Some of the prominent players offering Azelaic acid include Zhejiang Medicine, SDM, DSM, The Nature’s Bounty Co., Sports Research, Pure Research Products, Natrol LLC, Zhou Nutrition, Church & Dwight Co, NOW Foods, LifeGarden Naturals, Jarrow Formulas, Doctors Best, SBR Nutrition, and Zenwise Health.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
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