Mandelic Acid Market Share

Growing demand for skincare products is driving the market growth

The mandelic acid market is witnessing a surge in demand due to the increasing popularity of skincare products. Mandelic acid, known for its gentle exfoliating properties, is a key ingredient in various skincare formulations. Consumers are increasingly seeking products that address issues like acne, hyperpigmentation, and uneven skin tone, driving the demand for mandelic acid-infused skincare items. This factor drives the market CAGR.

Additionally, a notable trend in the mandelic acid market is the rising preference for natural and organic ingredients in skincare. Mandelic acid, derived from almonds, aligns with this preference, as it is a naturally occurring alpha hydroxy acid. Beauty and skincare brands are incorporating mandelic acid into their formulations to meet the growing consumer demand for clean, plant-based ingredients.

The mandelic acid market is experiencing continuous innovation in cosmetic formulations. Companies are investing in research and development to create advanced skincare products with enhanced efficacy and minimal side effects. Innovations include the incorporation of mandelic acid into multifunctional products, such as serums, toners, and peels, offering consumers a diverse range of options for addressing various skincare concerns. For instance, in 2019, BioAmber Inc. announced partnership with EcoMundo, a sustainability consulting firm, to assess and reduce the environmental impact of its production process. Thus, driving the mandelic acid market revenue.

The Global Mandelic Acid Market Industry is projected to experience substantial growth, with forecasts indicating an increase from 0.32 USD Billion in 2024 to 1.18 USD Billion by 2035. This growth trajectory suggests a robust interest in mandelic acid, particularly in the skincare segment. The anticipated CAGR of 12.59% from 2025 to 2035 reflects the ingredient's rising popularity and the expanding range of applications in cosmetic formulations. As brands continue to innovate and consumers seek effective skincare solutions, the market is likely to thrive in the coming years.

The Global Mandelic Acid Market Industry is poised for growth due to the emergence of new markets and the effects of globalization. As international trade expands, mandelic acid is becoming more accessible to consumers in developing regions, where demand for effective skincare solutions is rising. This trend is particularly evident in Asia-Pacific and Latin America, where increasing disposable incomes and changing beauty standards are driving the adoption of advanced skincare ingredients. The globalization of beauty trends is likely to further enhance the market, allowing mandelic acid to reach a broader audience.

The Global Mandelic Acid Market Industry is significantly influenced by the expansion of the cosmetic sector, which is continuously innovating to meet consumer preferences. As brands introduce new formulations that incorporate mandelic acid, the ingredient's popularity is likely to rise. This trend is supported by the increasing number of beauty brands focusing on clean and effective ingredients, which enhances the appeal of mandelic acid. The industry's growth is evident as it adapts to changing consumer demands, potentially leading to a substantial increase in market size over the next decade.

The Global Mandelic Acid Market Industry is experiencing a notable increase in demand for skincare products, driven by the growing awareness of skin health and the efficacy of chemical exfoliants. Mandelic acid, known for its gentle exfoliating properties, is particularly favored in formulations targeting acne and hyperpigmentation. As consumers increasingly seek products that deliver visible results without harsh side effects, the market for mandelic acid is projected to grow from 0.32 USD Billion in 2024 to 1.18 USD Billion by 2035, reflecting a compound annual growth rate (CAGR) of 12.59% from 2025 to 2035.

There is a discernible shift towards natural and organic ingredients within the Global Mandelic Acid Market Industry, as consumers become more conscious of the products they apply to their skin. Mandelic acid, derived from almonds, aligns well with this trend, offering a natural alternative to synthetic exfoliants. This inclination towards natural formulations is likely to drive the demand for mandelic acid in various skincare products. As the market evolves, brands that emphasize the natural origin of their ingredients may capture a larger share, further propelling the growth of the mandelic acid segment.

The Global Mandelic Acid Market Industry is benefiting from increased research and development activities aimed at exploring the full potential of mandelic acid in various applications. Researchers are investigating its effectiveness in treating a range of skin conditions, which may lead to innovative product formulations. This focus on R&D is crucial for expanding the understanding of mandelic acid's benefits, potentially resulting in new therapeutic uses. As scientific evidence supporting its efficacy grows, the market is likely to witness enhanced consumer trust and adoption, contributing to its overall growth.

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the mandelic acid market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, mandelic acidindustry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the mandelic acid industry to benefit clients and increase the market sector. In recent years, the mandelic acid industry has offered some of the most significant advantages to medicine. Major players in the mandelic acid market, including BASF, Keyuan Biopharm, Wuhan Runder Pharmda Technologoy, Hanhong Chemical, Xiang Rong Chemical, Shengyu Chemical., and others, are attempting to increase market demand by investing in research and development operations.

The Chemours Company is known for its diverse portfolio of chemical products, including fluoroproducts, titanium technologies, chemical solutions, and more. The company operates globally, serving various industries such as automotive, electronics, energy, and consumer products. In November 2021, The Chemours Company launched a new glycolic acid product under the brand name Glyclean D. The new product is used as a disinfectant for various household and institutional cleaning applications.

The CABB Group was established in 2003 through Bridgepoint Capital's acquisition of Clariant's fine chemicals business. CABB is a prominent manufacturer of fine and specialty chemicals, creating a diverse array of chemical intermediates and active ingredients for industries such as agrochemicals, pharmaceuticals, and performance chemicals. The company has a global presence, with production facilities in Europe and Asia. October 2018, CABB Group GmbH invested millions of Euros to increase the storage and production volume of monochloroacetic (MCA) acid & its derivatives at the Knapsack and Gersthofen facility.

The expansion will be boosting the company's production of glycolic acid at Gersthofen facility.