Alpha Bisabolol Market is projected to be worth USD 37,442.12 million by 2030, registering a CAGR of 5.6% during the forecast period (2021 - 2030).
Alpha Bisabolol Market recorded its market value to be USD 19,880 thousand in 2018 and is projected to touch market value levels of USD 27,048.4 thousand till the forecasted year 2025. The market is projected to increase its value with a compound annual growth rate (CAGR) of 4.60% to reach a value level of USD 27, 084.4 by 2025.Bisabolol or alpha-bisabolol is an organic chemical compound that refers to the family of alcohols and thus, is also known as levomenol. It is a colorless viscous oil that is soluble in ethanol but poorly soluble in glycerin or water. Bisabolol is a significant chemical compound that is used as a key element in many chemical-based products especially in cosmetics and skin-care products. The oil works as a natural conditioner for skin and it is a dermatologically proven fact that it is safe even if used in its purest form. It works as an antioxidant that helps the skin in several ways such as protect it from damage caused by free radicals, slows the visible aging of the skin, etc. Lightening the skin and providing it glow are some of the alpha-bisabolol benefits. With these many skin-beneficial properties, bisabolol finds its application in cosmetic and skincare industries, oral hygiene manufacturing companies, and others as such.
The impact of COVID-19 has affected all kinds of businesses in different ways. The world economy has decreased and faced a downfall in most unexpected ways. Alpha bisabolol market is valued at some thousands of US dollars which is not a huge business. Apart from this, cosmetics are not a necessity of life. Although, a steep rise in the growth of cosmetic industries and skincare product manufacturing companies is observed constantly. Due to pandemic and lockdown imposition, people were forced to stay at home and so purchases and sales were low.
Alpha bisabolol market is also affected negatively during the COVID-19 situation but business tycoons and top players of the market are adapting to new market strategies to cope up with the unavoidable situation which is a global pandemic. Certain guidelines are laid for manufacturing and sales of bisabolol to look out for safe production and marketing of the product.
The alpha-bisabolol market value is in thousand of US dollars which can reach millions with good market strategies, development, and change in trends done by top market shareholders. The key players of the alpha-bisabolol market are:
To understand the trends, growth, and future scope of a market, understanding market dynamics is important. Market dynamics gives a detailed description of growth drivers that derives the market’s global position, restraints that are responsible for controlling the growth of the market, opportunities that show the future scope of the market, and lastly challenges that describe problem faced by the market.
Bisabolol, being a chemical compound is subjected to the regulations and rules laid for chemical production and sales. Certain guidelines are to be followed to process and extract minerals and oil from the chamomile flower or Candeia tree to manufacturing or production of bisabolol-based products, and lastly sales of those products. The organic compound can be misused, and so, imposed regulations are important. Alpha bisabolol is subjected to regulations laid by the government of the country and certain guidelines followed in the alpha-bisabolol market regarding import and export of the chemical compound. All these regulations are important to check the proper and legal functioning of the market.
To study the alpha-bisabolol market in brief, a segment overview of the market is checked. The alpha-bisabolol industry is studied by different types such as by-product, by application, and by region.
The alpha-bisabolol market is stretched around the globe. As end-users are cosmetic industries, the market is connected to the world. The top five regions that have shares of markets are Europe, North America, South America, Asia- Pacific region, and middle-east and Africa. The Asia-Pacific region is expected to show the highest growth till the forecasted period of next 4 years. As the Asia- Pacific region holds the highest number of end-users, the region is projected to contribute to the growth of the alpha-bisabolol market.
April 2021 : AHC, a renowned skincare brand in Korea has launched its latest Luminous Glow Eye Cream for Face in the Malaysian market. This Luminous Glow Eye Cream for Face will provide rejuvenation impact of a Korean brightening treatment the face as well as eyes and can brighten and reduce the wrinkles in just 14 days. Dermatologist-reviewed and safe for use in every skin type, the product targets the Southeast Asian female consumers, featuring a blend of major ingredients such as skin-calming alpha-bisabolol, vitamin C derivatives, antioxidant-rich glutathione, adenosine, and brightening hyaluronic acid to boost the collagen production for amazing results in only two weeks.September 2021 : The dermatologic department of the university hospital located in Italy has carried out an observational analysis, which enrolled 20 patients affected by seborrheic keratoses in various parts of the body. The team studied a topical cosmetic cream containing alpha-bisabolol, along with hydroxy acids and urea, which showed high tolerability and efficacy in the treatment of seborrheic keratoses. Other ingredients include mandelic acid (5%), lactic acid (6%), thuja (0.2%), salicylic acid (2%), allantoin, beta-glucan, marine collagen, hyaluronic acid, and more.Developments in the alpha-bisabolol market are done in the form of innovation and technologies used for processing the chemical compound. Key players of the market are collaborating and investing in small businesses to appreciate the sale of bisabolol. Few big companies are acquiring small or vanishing companies to expand the market. The market strategies are modified to mold the growth of the market in a forwarding direction. Apart from this investments are done to develop the technology used in the extraction of bisabolol and expand the plant and the market.
The alpha market research report gives a detailed description of market growth, trends, development, and key players of its market. The report discussed market dynamics that included growth drivers, restraints, opportunities,s and challenges that the market might be facing. Further, it also gives a segment analysis of the market which describes the market by segments. Regional analysis of the market is also mentioned in the report content to understand the leading region of the atomizing metal powder market and the region with the highest growth, demand, and consumption.
The alpha-bisabolol market is projected to grow with a CAGR rate of 4.60% to touch the market value of USD 27,048.4 thousand by 2025. The alpha-bisabolol market recorded its market value to be USD 19,880 thousand in 2018.
|Forecast Period||2022 to 2030|
|Historical Data||2019 & 2020|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Product, type, and region|
|Geographies Covered||North America, South America, Europe, Asia-Pacific, Middle-East, and Africa.|
|Key Vendors||BASF SE (Germany), Beijing Brilliance Bio (China), Biocosmethic (France), Clariant (Switzerland), MORRE-TEC Industries (US), Symrise (Germany), TRI-K Industries, Inc. (the US), Atina Ativos Naturais Ltd (Brazil), Vantage Specialty Chemicals (US), Citroleo Group (Brazil), and Sasol Performance Chemicals (South Africa)|
|Key Market Opportunities||Growing demand for natural and organic products:|
|Key Market Drivers||
Bisabolol terpene is a chemical compound that belongs to the family of alcohol extracted from chamomile flower and few other plants such as the Candeia tree. It is highly soluble with ethanol while poorly soluble in water or glycerin.
The alpha-bisabolol market valued at USD 19,880 thousand in 2018 and is projected to touch market value levels of USD 27,048.4 thousand by a CAGR of 4.60% till the forecasted year 2025.
Bisabolol being a natural skin-benefiting ingredient finds its major application in the cosmetic industry and skin-care product manufacturing companies. Many oral hygiene product manufacturing companies also use bisabolol as a significant ingredient of the product.