Mandelic Acid Market is predicted to reach USD 0.80 billion at a CAGR of 13.80% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Mandelic Acid Market”.

The mandelic acid market is estimated to register a CAGR of 13.80%during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the mandelic acid market— BASF, Keyuan Biopharm, Wuhan Runder Pharmda Technologoy, Hanhong Chemical, Xiang Rong Chemical, Shengyu Chemical.

Mandelic Acid Market Highlights

The mandelic acid market is accounted to register a CAGR of13.80%during the forecast period and is estimated to reach USD 0.80 billion by 2032.

The mandelic acid market is driven by its increasing application in skincare products due to its exfoliating and antibacterial properties, coupled with rising consumer demand for natural and organic skincare solutions. However, regulatory constraints and limited awareness about mandelic acid's benefits in certain regions restrain market growth. Opportunities lie in expanding product applications in pharmaceuticals and cosmetics. Challenges include competition from alternative skincare ingredients and formulation complexities.

Access full report @ https://www.marketresearchfuture.com/reports/mandelic-acid-market-20300

Segment Analysis

The mandelic acid market has been segmented into type and application.

On the basis of Type, the market is segmented into DL type, L type and D type. The DL type segment was attributed to holding the largest market share in 2022. Equal amounts of the L and D forms are present in DL Mandelic Acid, also referred to as racemic mandelic acid. Given its even composition and adaptability, it finds significant application in cosmetics items and medications. This has cemented DL Mandelic Acid's supremacy in the industry by making it the best option across a range of sectors.

Based on Application, the mandelic acid market has been segmented into Pharmaceutical, Cosmetics & Personal Care, Textiles & Dye Intermediates and Others. The pharmaceutical segment was expected to hold the largest market share in 2022. Mandelic acid is primarily used in the pharmaceutical industry, where it is an essential part of many drugs and formulations. Because of its antibacterial and therapeutic properties, it is a chemical that is widely utilised in medicines, making it the industry's major use.

Regional Analysis

The mandelic acid market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe mandelic acid market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The mandelic acid market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World mandelic acid market comprises of Middle East, Africa, and Latin America.

The largest market share for mandelic acid was maintained by the North American regional sector.This increase is attributed to well-established skincare and cosmetics industry, with a strong emphasis on innovative and effective ingredients. Mandelic acid, known for its exfoliating and skin-brightening properties, is widely used in various skincare products such as serums, creams, and peels, contributing to its high demand in the region. Additionally, consumer awareness regarding skincare and dermatological treatments is relatively high in North America, further driving the adoption of mandelic acid-based products.

Moreover, the Europe market has been persistently growing over the forecast period. The demand for mandelic acid is driven by increasing demand for skincare products with natural and effective ingredients among European consumers. Mandelic acid, derived from almonds, is perceived as a natural alternative to synthetic chemicals, appealing to the growing trend of clean and green beauty products. Additionally, Europe has a highly developed cosmetics industry with a strong focus on research and development, leading to the formulation of advanced skincare solutions containing mandelic acid.

Additionally, Asia Pacific is anticipated to experience the quickest growth in the mandelic acid market due to several factors. Firstly, the region's rapidly growing population, particularly in countries like China and India, is driving increased demand for skincare and cosmetic products. Additionally, rising disposable incomes and changing consumer lifestyles are fueling the demand for premium skincare solutions, including products containing mandelic acid. Furthermore, the growing awareness about the benefits of mandelic acid in skincare and the expansion of the cosmetics industry in the region contribute to its anticipated rapid growth.

Furthermore, the rest of the world's mandelic acid market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the growing population with increasing disposable incomes, leading to a rising demand for skincare and cosmetic products. Additionally, the beauty and personal care industry in these regions is expanding, driven by changing consumer preferences, urbanization, and increasing awareness about skincare. Moreover, the presence of key manufacturers and suppliers in these regions further contributes to the segmentation of the mandelic acid market in the Middle East, Africa, and Latin America.

Key Findings of the Study

• The mandelic acid market is expected to reach USD 0.80 billion by 2032, at a CAGR of 13.80% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the increased demand for skincare and cosmetic products.


• Based on type, the DL type segment was attributed to holding the largest market in 2022, with an approximate market share of 40–55%.


• BASF, Keyuan Biopharm, Wuhan Runder Pharmda Technologoy, Hanhong Chemical, Xiang Rong Chemical, Shengyu Chemical.