Global Rhamnose Market - 2020-2027
発行: DataM Intelligence
ページ情報: 英文 180 Pages
A deoxy sugar that occurs naturally is Rhamnose (Rha, Rham). It can be known as either 6-deoxy-hexose or methyl-pentose. In its L type, Rhamnose occurs in nature as L-rhamnose (6-deoxy-L-mannose). As several of the naturally occurring sugars are in the D-form, this is odd. Methyl-pentoses L-fucose and L-rhamnose and pentose L-arabinose are exceptions. Rhamnose is generally related in nature to other sugars. It is a natural glycone part of many plants' glycosides. Rhamnose is also a part of the Mycobacterium genus' outer cell membrane of acid-fast bacteria, which includes the tuberculosis-causing organism.
The global Rhamnose market size was worth US$ XX billion in 2019 and further predicted to reach US$ XX billion by 2027, at a CAGR of XX% during the forecast period (2020-2027).
The rise in demand as a flavouring ingredient in the application of food fuels the growth of the industry. Owing to its potential to prevent ageing, the increasing use of beauty and personal care products is driving consumer growth. Further contributing to consumer development is the rapid demand from biogas processing plants as a precursor.
The rhamnose is gaining widespread adoption in cosmetic industry owing to the various benefits associated with rhamnose such as anti-wrinkle agent. Further, The anti-inflammatory and skin calming properties of Rhamnose have been demonstrated. The clinical trials of one skin care company revealed that it attacked the papillary dermis, a delicate layer of cells located directly under the dermo-epidermal junction. This, the manufacturers claim, makes it the first anti-ageing cream to recognise the cells that produce collagen that are important to youthful skin, giving it plumpness and texture. The colour cosmetics market finds its usage among women populations which has radically shaped the growth of the market. The surging demand from developing economies such as China, ASEAN countries along with Brazil tends to increase the market share of colour cosmetic in the foreseeable few years. The colour cosmetic market is projected to reach USD 87.89 billion by 2026, rising at a CAGR of 6.19% during the forecast period (2019-2026). The growth in cosmetic industry owing to the technological advancement coupled with product innovation has led to the surge in demand for colour cosmetics in the market. Moreover, the growing support from the various government and association activities further fuels the market growth. As in July 2019, Health Canada and Cosmetics Alliance Canada hosted the 13th annual session of International Cooperation on Cosmetics Regulation (ICCR) in Montreal, Canada. The ICCR is a group of global cosmetics regulators working to coordinate and align the regulation of cosmetics on international basis. Also, the introduction of Bill S-214 (Cruelty-Free Cosmetics Acts) in April 2019 in the house of Commons, Canada aimed to amend Canada's Food and Drug Acts to prohibit the sale and manufacture of animal tested cosmetics in Canada hinders the market growth.
However, the laborious manufacturing process leading to high price is likely to hinder the market growth. The labor-intensive methods for the production of rhamnose from quercitrin, naringin and rutin are followed by several limitations, including the development of large amounts of potentially harmful, aromatic waste and the need for poisonous or corrosive chemicals in the extraction process.
COVID-19 Impact Analysis
The ongoing pandemic of COVID-19 has caused substantial global morbidity and mortality, as well as severe social consequences. The COVID 19 pandemic has resulted the shutdown of various manufacturing facilities along with the decline in export and imports has further negatively affected the market share of rhamnose.
Rhamnose is segmented on the basis of type, the Rhamnose market has been classified into L-rhamnose and others.
L-rhamnose segment is projected to be the dominated segment in the market during the forecast period.
L-Rhamnose is a naturally occurring sugar produced by a stable and solvent-free separation process without harmful chemicals from renewable wood-based or other biomass hydrolysates. In the manufacture of natural furanones, savoury reaction flavours or high-end cosmetics, L-Rhamnose is commonly used. It may also act as a precursor to pharma. Further, L-Rhamnose is also associated with the active ingredients of cardiac medicines, making it a raw material for the manufacturing of these therapeutic compounds. Synthetic products, however, are only in the research and development stages and have not yet entered the market.
Rhamnose is segmented on the basis of end-use, which includes Food, Healthcare Product, Cosmetics, Other.
Cosmetic segment is expected to dominate the Rhamnose market.
Rhamnolipids consist of one or two molecules of rhamnose, bonded with multiple hydroxyl fatty acid molecules. Rhamnolipids can act as strong emulsifiers by the combination of these chemical components. Rhamnolipids serve as surfactants when applied to skin care formulations, which tend to minimise the surface tension of such liquids. This facilitates the integration of ingredients of different solubility and increased consistency. As a consequence, better texture and more desirable quality are obtained by beauty products and personal care products. Eventually, rhamnolipids for use in anti-aging and anti-wrinkle products have been patented.
Based on geography, the study analyzes the Rhamnose market in the global market, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
Asia Pacific Region is expected to dominate the global Rhamnose market.
In contrast, high awareness of cosmetic products, such as facial make-up and anti-wrinkle products and styling products, is anticipated in the near future to fuel the growth of the industry. As price-conscious people prefer for products that offer both hydration and skin protection, the market for multifunctional products is pushing innovation. The increasing awareness of improving one's personal appearance and a substantial rise in disposable incomes are the two key drivers of the Asia Pacific demand for cosmetic products which in turns drives the market growth. North America and Europe are expected to hold significant share in the global market as these are the developed region and increasing food and beverages industry across these regions are supporting the growth of the global rhamnose market. Moreover, Middle East & Africa and South America are also expected to grow with healthy CAGR over the forecast period.
The rhamnose market is moderately competitive, owing to the presence of major market players in the key regions such as US, China, India and others. The key rhamnose players which are contributing to the growth of the global market include Alps Pharmaceutical, Finetech Industry, CFM Oskar Tropitzsch, Extrasynthese Chemical, Debye Scientific, Aktin Chemicals, Ark Pharm, Makwood, Xinxing Bio-Chemicals, Taidong Pharm among others. The major players are adopting new product launch and expansion strategies for global growth in the Rhamnose market.
The company's product portfolio includes Production and distribution of raw pharmaceutical materials, intermediate pharmaceuticals, veterinary pharmaceuticals, food additives, cosmetics, raw materials and other chemical products along with Medicinal plant cultivation and harvesting. lps Pharmaceutical was originally founded in 1947 as a firm dedicated to the extraction of botanicals from the plants native to Hida. Since that time, in addition to extraction of ingredients from natural products and component isolation, the company has gone on to utilize chemical synthesis as one of our core technologies, developing a wide range of products, notably in the pharmaceutical bulks space.
The Company's line of business includes the manufacturing of bulk organic and inorganic medicinal chemicals.
The global Rhamnose market report would provide access to an approx. 51 market data table, 45 figures and 221 pages.