In 2017, global revenue of Ceramide is nearly 275 M USD
Thursday, 20 Sep, 2018

In the last several years, global market of Ceramide developed stably, with an average growth rate of 6.9%. In 2017, global revenue of Ceramide is nearly 275 M USD; the actual production is about 211 MT. Social factors, changing lifestyle especially among young generation, skin aging problems among older generation, and increasing women workforce are some important factors which are expected to drive ceramide demand in skin care and cosmetic products over the forecast period.

 

The classification of Ceramide includes Fermentation Ceramide and Plant Extract Ceramide, and the sales proportion of Fermentation Ceramide in 2017 is about 64.3%, and the major manufacturers of Fermentation Ceramide are Evonik, Doosan, etc.

 

Ceramide is widely used in Cosmetic, Food, Pharmaceutical and Others. The most proportion of Ceramide is used in Cosmetic, and the consumption proportion is about 67% in 2017. Global environment factors such as aging population and changing lifestyle are expected to further contribute towards positive industry growth.

 

Food is expected to witness the highest growth of 7.6% over the forecast period on account of changing consumer lifestyle coupled with growing demand for organic products. Ceramides are currently used in food additives and supplements. Nutraceutical manufacturers are expected to expand ceramide based food supplements product line over the forecast period.

 

Asia-Pacific is the largest consumption place, with a sales market share nearly 35.7% in 2017. Growth of personal care industry in India and China coupled with increasing geriatric population in Japan and South Korea is expected to drive the regional growth over the forecast period.

 

Following Asia-Pacific, Europe is the second largest consumption place with the revenue market share of 32%.

 

Market competition is intense. Evonik, Croda, Doosan, Vantage, etc. are the leaders of the industry. They hold the key technologies and patents, with high-end customers. They have formed global market channel of the industry. However, with the future expanding market, there will be more manufacturers in the future.