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The glabridin (CAS 59870-68-7) market size is forecast to increase by USD 7.65 billion at a CAGR of 5.2% between 2024 and 2028. The Glabridin market is experiencing significant growth due to several key trends. The expanding cosmetics industry in developing countries is driving market demand, as glabridin is widely used in cosmetic applications for its skin lightening properties. Additionally, the adoption of advanced separation methods for glabridin purification is contributing to market growth. These methods enable the production of high-quality glabridin with improved yield and purity. Furthermore, price volatility related to raw materials used in glabridin production poses a challenge to market growth. However, efforts to develop sustainable and cost-effective production methods are expected to mitigate this challenge and support market expansion.
Overall, the Glabridin market is poised for steady growth, driven by increasing demand from the cosmetics industry and advancements in purification technologies.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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