- Glycolic Acid
- Lactic Acid
- Citric Acid
- Others
Alpha Hydroxy Acid (AHA) Market size was valued at USD 1,438.9 million in 2022 and is expected to grow at a CAGR of 9.1% from 2022 to 2028. Alpha hydroxy acid (AHA’s) are a class of plant and animal-derived acids used in manufacturing of a variety kinds of skincare products. The AHA based products help to eliminate debris, impurities, and particles from hair while preserving moisture, making them perfect for use in shampoos. The demand for AHA in the hair care industry will rise because of consumers growing interested in self-care and grooming activities. Industry expansion is anticipated to be fueled by the ability to prevent hair fall by lubricating hair, making detangling easier, and shielding it from styling equipment. Further Demand for AHA products is driven largely by the reduction of early aging symptoms, increased production of elastin and collagen, and improved blood circulation. Moreover, Increasing pollution levels, combined with bad food habits, cause skin problems, which are predicted to increase cosmetic use, providing a good outlook for market expansion. Alpha hydroxy acid demand has increased globally because of global warming, which resulted in hike for skincare goods such sunscreen lotions, creams, serums, and others. The alpha hydroxy acid market size is expected to increase due to technological advancements in cosmetic goods, as well as sophisticated exfoliative and toxic measures. In addition, due to growing consumer demand for natural cosmetics over those made with chemicals. The market for hydroxy acids is significantly fueled by this trend. The COVID-19 pandemic outbreak is attributed with accelerating the growth of e-commerce. Beauty enthusiasts are switching online, and many of them have decided to continue doing so after stores reopen. Purely digital platforms and D2C products have seen a rise in popularity and sales. Additionally, the outbreak has had a favourable effect on the packaging sector. Food and beverage applications had a significant increase in demand during the pandemic’s outbreak to maintain safety and hygienic conditions; as a result, the market will expand over the projected period. In the near future, the global Alpha Hydroxy Acid (AHA) Industry may offer profitable growth prospects due to rising R&D activity among market participants.
Alpha Hydroxy Acid (AHA) Market Key Developments:
In March 2021, Corbion announced the launch of a multi-faceted initiative to increase its capacity for the production of lactic acid.
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The global alpha hydroxy acid market is mainly driven by consumer preferences about their skincare safety, where these AHA products is driven largely by the reduction of early ageing symptoms, increased production of elastin and collagen, and improved blood circulation. Moreover, increasing pollution levels, combined with bad food habits, cause skin problems, which are predicted to increase cosmetic use, providing a good outlook for market expansion. The restraining factor hindering the growth of the market is the AHA products can also cause mild skin irritation, redness, swelling, itching, and skin discoloration. Facial scrubs, lotions, and few limitations like creams with concentrations greater than 10% should only be used under the supervision of a dermatologist, and also increased sun sensitivity results in increase the risk of skin damage with sun exposure.
The share of alpha hydroxy acid industry by cosmetic application is estimated to exceed, as changing living standards will increase spending on cosmetics.
The increasing demand for improved skin moisturizing and lightening products.
The increasing rate of raw materials for production of aha based products will hinder the growth of the market.
The cosmetics segment is the fastest growing segment in the global alpha hydroxy acid market.
1. Executive Summary |
2. Global Alpha Hydroxy Acid (AHA) Market Introduction |
2.1. Global Alpha Hydroxy Acid (AHA) Market – Taxonomy |
2.2. Global Alpha Hydroxy Acid (AHA) Market –Definitions |
2.2.1. By Product |
2.2.2. By Application |
2.2.3. By Geography |
3. Global Alpha Hydroxy Acid (AHA) Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Alpha Hydroxy Acid (AHA) Market Dynamic Factors - Impact Analysis |
3.6. Global Alpha Hydroxy Acid (AHA) Market – Competition Landscape |
4. Global Alpha Hydroxy Acid (AHA) Market Analysis,2017 - 2021 and Forecast, 2022 - 2028 |
4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Alpha Hydroxy Acid (AHA) Market, By Product, 2017–2021and Forecast, 2022–2028 (Revenue, USD Mn) |
5.1. Glycolic Acid |
5.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Lactic Acid |
5.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Citric Acid |
5.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Others |
5.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
6. Global Alpha Hydroxy Acid (AHA) Market, By Application, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) |
6.1. Cosmetics |
6.1.1. Skin Care |
6.1.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.1.3. Market Opportunity Analysis |
6.1.2. Hair Care |
6.1.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.2.3. Market Opportunity Analysis |
6.1.3. Makeup |
6.1.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3.3. Market Opportunity Analysis |
6.1.4. Fragrances |
6.1.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.1.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.4.3. Market Opportunity Analysis |
6.1.5. Others |
6.1.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.1.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.5.3. Market Opportunity Analysis |
6.2. Dermal |
6.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
7. Global Alpha Hydroxy Acid (AHA) Market Forecast, By Region, 2017–2021 and Forecast, 2022–2028(Revenue, USD Mn) |
7.1. North America |
7.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia-Pacific |
7.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Latin America |
7.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Middle East and Africa |
7.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Global Alpha Hydroxy Acid (AHA) Market - Opportunity Analysis Index, By Product, Application, and Region, 2022 - 2028 |
8. North America Alpha Hydroxy Acid (AHA) Market Analysis, 2017–2021 and Forecast, 2022–2028(Revenue, USD Mn) |
8.1. Product Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
8.1.1. Glycolic Acid |
8.1.2. Lactic Acid |
8.1.3. Citric Acid |
8.1.4. Others |
8.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
8.2.1. Cosmetics |
8.2.1.1. Skin Care |
8.2.1.2. Hair Care |
8.2.1.3. Makeup |
8.2.1.4. Fragrances |
8.2.1.5. Others |
8.2.2. Dermal |
8.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
8.3.1. USA |
8.3.2. Canada |
8.4. North America Alpha Hydroxy Acid (AHA) Market - Opportunity Analysis Index, By Product, Application, and Country, 2022 - 2028 |
8.5. North America Alpha Hydroxy Acid (AHA) Market Dynamics – Trends |
9. Europe Alpha Hydroxy Acid (AHA) Market Analysis, 2017–2021 and Forecast, 2022–2028(Revenue, USD Mn) |
9.1. Product Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Glycolic Acid |
9.1.2. Lactic Acid |
9.1.3. Citric Acid |
9.1.4. Others |
9.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.2.1. Cosmetics |
9.2.1.1. Skin Care |
9.2.1.2. Hair Care |
9.2.1.3. Makeup |
9.2.1.4. Fragrances |
9.2.1.5. Others |
9.2.2. Dermal |
9.3. Country Analysis 2017–2021and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Germany |
9.3.2. UK |
9.3.3. France |
9.3.4. Spain |
9.3.5. Italy |
9.3.6. Rest of Europe |
9.4. Europe Alpha Hydroxy Acid (AHA) Market - Opportunity Analysis Index, By Product, Application, and Country, 2022 - 2028 |
9.5. Europe Alpha Hydroxy Acid (AHA) Market Dynamics – Trends |
10. Asia-Pacific Alpha Hydroxy Acid (AHA) Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
10.1. Product Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Glycolic Acid |
10.1.2. Lactic Acid |
10.1.3. Citric Acid |
10.1.4. Others |
10.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. Cosmetics |
10.2.1.1. Skin Care |
10.2.1.2. Hair Care |
10.2.1.3. Makeup |
10.2.1.4. Fragrances |
10.2.1.5. Others |
10.2.2. Dermal |
10.3. Country Analysis2017–2021and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Japan |
10.3.2. China |
10.3.3. India |
10.3.4. ASEAN |
10.3.5. Australia & New Zealand |
10.3.6. Rest of Asia-Pacific |
10.4. Asia-Pacific Alpha Hydroxy Acid (AHA) Market - Opportunity Analysis Index, By Product, Application, and Country,2022 - 2028 |
10.5. Asia-Pacific Alpha Hydroxy Acid (AHA) Market Dynamics – Trends |
11. Latin America Alpha Hydroxy Acid (AHA) Market Analysis,2017 - 2021 and Forecast, 2022–2028(Revenue, USD Mn) |
11.1. Product Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Glycolic Acid |
11.1.2. Lactic Acid |
11.1.3. Citric Acid |
11.1.4. Others |
11.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. Cosmetics |
11.2.1.1. Skin Care |
11.2.1.2. Hair Care |
11.2.1.3. Makeup |
11.2.1.4. Fragrances |
11.2.1.5. Others |
11.2.2. Dermal |
11.3. Country Analysis 2017–2021and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Brazil |
11.3.2. Mexico |
11.3.3. Argentina |
11.3.4. Rest of Latin America |
11.4. Latin America Alpha Hydroxy Acid (AHA) Market - Opportunity Analysis Index, By Product, Application, and Country, 2022 - 2028 |
11.5. Latin America Alpha Hydroxy Acid (AHA) Market Dynamics – Trends |
12. Middle East and Africa Alpha Hydroxy Acid (AHA) Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
12.1. Product Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Glycolic Acid |
12.1.2. Lactic Acid |
12.1.3. Citric Acid |
12.1.4. Others |
12.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. Cosmetics |
12.2.1.1. Skin Care |
12.2.1.2. Hair Care |
12.2.1.3. Makeup |
12.2.1.4. Fragrances |
12.2.1.5. Others |
12.2.2. Dermal |
12.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Gulf Cooperation Council (GCC) Countries |
12.3.2. Israel |
12.3.3. South Africa |
12.3.4. Rest of MEA |
12.4. MEA Alpha Hydroxy Acid (AHA) Market - Opportunity Analysis Index, By Product, Application, and Country, 2022 - 2028 |
12.5. MEA Alpha Hydroxy Acid (AHA) Market Dynamics – Trends |
13. Competition Landscape |
13.1. Strategic Dashboard of Top Market Players |
13.2. Company Profiles (Introduction, Financial Analysis, Product& Service Test Type, Key Developments, Strategies, and SWOT Analysis) |
13.2.1. Corbion |
13.2.2. Chemours Company |
13.2.3. Croda International Plc |
13.2.4. Henan Jindan Lactic Acid Techn. Co., Ltd |
13.2.5. Allure |
13.2.6. Lotion Crafter |
13.2.7. Ava Chemicals |
13.2.8. Sculptra Chemicals |
13.2.9. Brenntag |
13.2.10. Cargill Incorporated |
14. Research Methodology |
15. Key Assumptions and Acronyms |