Market for moisture retention: growth opportunities and trends 2024!

Market for moisture retention: growth opportunities and trends 2024!

North America, USA - The Humectans market is currently experiencing impressive growth and is expected to achieve an annual growth rate (CAGR) of 7.18 % in the period from 2024 to 2031 href = "https://www.openpr.com/news/3780651/humectants-market-to-drapid-growth-top-prominent"> OpenPR reported . Humectants used in cosmetics, skin care products and foods play a crucial role in moisture binding. They attract water from the surrounding area or from deeper layers of the skin to protect products from drying out. These include substances such as glycerin, sorbit and hyaluronic acid, which are particularly valued for dry skin formulas.

Market research shows that various segments of the Humectant market, including natural and synthetic sources as well as numerous applications in the food and pharmaceutical industry, experience a significant expansion. As in the Report of the Business Research Company , the market will offer new growth opportunities by 2028, with the demand for innovative formulating and natural products. The market has changed significantly in recent years and strives to cope with the challenges through geopolitical tensions and economic factors that could have a potentially influence on supply chains and cost levels.

growth factors and market situation

The drivers for the growth of the Humectant market include an increasing consumer demand for moisturizing products and technological advances in product development. Especially in the North America and Europe region, high sales and market growth are predicted, while the Asian-Pacific area is also considered promising. Market participants, such as the Lubrizol Corporation and Ingredion Incorporated, position themselves strategically to benefit from these trends and introduce new products.