Top investment pockets Phytosphingosine Market Industry Report 2018| Pharmaceutical, Chemical and Others

1. Opportunity Analysis and Industry Forecast, 2016-2023 Top Investment Pockets Phytosphingosine Market Industry Report 2018| Pharmaceutical, Chemical and Others Global Opportunity Analysis and Industry Forecast, 2016-2023

2. PHYTOSPHINGOSINE MARKET Phytosphingosine Market was valued at $1,215.5 million in 2016, and is expected to reach $1,882.9 million by 2023, registering a CAGR of 6.5 % from 2017 to 2023. Phytosphingosine is an antibacterial and conditioning lipid derived from the fermentation of yeast. The main function of this lipid is to maintain healthy skin and control the generation and regulation of lipids on the external layers of the skin, thus assuring natural and regular moisturization. Phytosphingosine displays antimicrobial and anti-inflammatory properties, and is used in a wide range of cosmetic products such as facewash, cleansing wipes, hair conditioning agents, and facial scrubs. Access Full Summary at : https://www.alliedmarketresearch.com/phytosphingosine-market

3. PHYTOSPHINGOSINE MARKET Increase in demand for anti-acne products among young population and high demand for bio-based cosmetic products are major factors driving phyosphingosine market across the globe. The demand for facewash, moisturizer, and cleansing wipes is on an increase due to rise in per capita disposable income and surge in cosmetics industry. Moreover, escalating awareness among the younger population and changing demographics as a result of rapid urbanization, especially in developing economies, drive the demand for phytosphingosine, although, inconsistency yields, poor productivity, and higher costs of phytosphingosine hamper the growth of the global phytosphingosine market. In addition, lack of awareness among consumers, especially in underdeveloped and developing regions worldwide, are some other major elements anticipated to impede the market growth. However, increase in usage of phytosphingosine in the pharmaceutical industry is anticipated to present lucrative opportunities during the forecast period.

4. PHYTOSPHINGOSINE MARKET Based on application, the global phytoshingosine market is classified into facewash, moisturizer, cleansing wipes, and others. Phytosphingosine is active at very low concentration and it effectively reduces signs of acne, prevents loss of moisture from the skin, inhibits the growth of microorganisms on the skin, and diminishes redness and inflammation on skin. Facewash containing phytosphingosine cleanses, purifies, and tones the skin. The increase in use of phytosphingosine as an ingredient in facewashes, owing to its quality of reducing spots & blemishes, drives the global market. Currently, consumers are more inclined towards the use of natural solutions to maintain and improve skin functions, which is expected to provide substantial growth opportunity to the industry players. Facewash is anticipated to grow at the fastest rate by 2023 because phytosphingosine as an ingredient in facewash is high in demand. Consumers are more inclined towards the use of natural solutions to maintain and improve skin functions, which is expected to provide substantial growth opportunity to the industry players. Facewash containing phytosphingosine cleanses, purifies, and tones the skin. The increase in use of phytosphingosine as an ingredient in facewashes, owing to its quality of reducing spots & blemishes, drives the global market.

5. PHYTOSPHINGOSINE MARKET • Key Findings of the Phytosphingosine Market: • In 2016, facewash accounted for the maximum market revenue, and is projected to grow at a CAGR of 6.1 % during the forecast period. • Moisturizer accounted for the maximum share in 2016, accounting for $335.8 million. • Europe generated the maximum revenue in 2016 and is anticipated to dominate the other regions during the forecast period. • Rest of LAMEA is the major shareholder in the LAMEA phytosphingosine industry, and accounted for more than 50% share in 2016. The key players in phytosphingosine industry focus to expand their operations in the emerging countries by adopting various strategies such as acquisition and contact/agreement. The major players profiled in this report include AK Scientific Inc., Avanti Polar Lipids, Inc., Beckmann-Kenko GmbH, BOC Sciences, Doosan Corporation, Evonik Industries AG, MolPort, Sigma-Aldrich Co. LLC, SungwunPharmacopia Co. Ltd., and Tokyo Chemical Industry Co., Ltd. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/4529

6. PHYTOSPHINGOSINE MARKET Phytosphingosine Market Key Segments: • By Application • Facewash • Moisturizer • Cleansing Wipes • Others For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/4529

7. PHYTOSPHINGOSINE MARKET By Region North America Europe Asia-Pacific LAMEA

8. PHYTOSPHINGOSINE MARKET Contact:Shriram Dighe5933 NE Win Sivers Drive#205, Portland, OR 97220United StatesToll Free: +1-800-792-5285UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: +1⟨855⟩550-5975help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com

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