Global Statistics Representing Beta Arbutin Market Scenario
Arbutin is extracted from bearberry and acts as tyrosine inhibitor to reduce the melanin pigmentation. In Asia-Pacific, natural arbutin is highly consumed because of high rate of pigmentation of skin. In regions like North America and Europe ageing and wrinkles are the common problems as compared to hyper pigmentation. Furthermore, increasing cosmetics business globally and shifting trends toward herbal cosmetics is influencing demand for extract in cosmetics industry. Manufactures focus more on providing organic skin care products is also anticipated to boost the market growth.
Furthermore, increasing demand for anti-ageing products is developed countries is expected to propel beta arbutin market. Growing consumer awareness and rise in disposable income are estimated to significantly growth of market.
Global beta arbutin market is expected to reach USD 1,263.38 million in 2026 from USD 892.19 million in 2019 at a healthy CAGR of 6.0 % during the forecast period 2019–2026
The global beta arbutus market is segmented by type and application
Based on the type, the market is segmented into Purity ≥99% and Purity <99%
Global Purity ≥99% market is worth USD 600.01 billion in 2019 and is expected witness a CAGR of 6.1% during the forecast period. Purity>99 is expected to hold major market share for arbutin market. Changing environmental conditions and rising level of pollution are exhibiting the importance of sunscreen application. It has been observed that overexposure to UV light can lead to skin cancer. In 2015, in the U.K., around 86% of melanoma skin cancer was found to be preventable using sun protection and sunscreen. Rapidly expanding sun protection market is benefiting the demand for effective active ingredients such as arbutin. For instance, ‘Derma E Skin Brightener’ cream contains vitamins and arbutin herbal extracts and is used in brightening the complexion, reducing wrinkles, skin tone, and liver spots. Moreover, it is used as an anti-infective for treating urinary disorders system and bronchitis disorders. Moreover, growing applications of herbal products in the management of infections is advancing the demand for arbutin. Around 80% of the population in developing countries use herbal medicines, WHO. Exelvit Cistibell is a dietary supplement formulated with a combination of d-mannose, berberine, and arbutin, which is used for the prevention of urine infections and cystitis
Geographically, the global beta arbutin market is segmented into four major regions: Americas, Europe, Asia Pacific, and, Middle East & Africa.
North America is expected hold major market share in global beta arbutin market. The North America to Reach USD 104.86 Million by 2025 at a CAGR of 3.2%, This is attributed to consumers more willing to buy anti-aging products such as Nutri-Cell Complex, Skinodyssey, and Advanced Anti-Ageing Night Cream by Viviane Woodard, rather than modern skin-brightening and skin depigmentation products. Moreover, easy availability of substitute products including 10% Niacinamide Booster by Paula's Choice and Vitamin B3 Brightening Serum by PCA Skin, are expected to hamper the beta arbutin market growth in North America. Furthermore, increasing pollution, rising exposure to UV radiation, and subsequently rising skin pigmentation along with extensive marketing of the beta arbutin products are likely to attract a huge consumer base, which, in turn, is anticipated to support the market growth.
Asia Pacific is fastest growing market for global beta arbutin market and is likely to continue the same in the coming years with extensive marketing and constantly growing adoption of depigmentation products. People in the region have a higher rate of pigmentation as compared to people in Europe and North America. Huge population base is willing to have whitened and brightened skin tone, which does not naturally occur due to hyperpigmentation as a result of environmental factors including hormonal activity, exposure to intense sunlight, and intensified UV radiation due to pollution. In addition, millennial population in the region is highly influenced by social media, which compel the consumers to opt for the products that can make their skin whiter and remove any kind of pigmentation in order to look more beautiful. This offers an opportunity for manufacturers to introduce the skin whitening and lightening cosmetic products to meet consumer demand.
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Few of the dominant players operating in beta arbutin market include Maxsun Industries, Inc, Baowei Technology, Plamed Green Science Group, Hubei Xiangxi Chemical Industry Co., Ltd, Jinan Chenghui Shuangda Chemical, Xi'an Biof Bio-technology Co.,Ltd, Plantnat, Shanghai Cosroma Biotech Co., LTD, Shaanxi Dongyu Bio-Tech Co., Ltd, Wellgreen Technology, Kraeber & Co, Xi'an Sost Biotech Co, Mitsubishi Chemical Corporation
Beta Arbutin Market Segmentation
By Regional covered
o North America
o South America
o Western Europe
o Eastern Europe
o South Korea
o Rest of Asia Pacific
The Middle East & Africa
o The Middle East
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