Overview
Long chain fatty acids that make up ceramides form bonds with other significant molecules to support cellular function. Ceramides aid in forming a barrier that stops permeability.
The class of waxy lipid compounds known as ceramides includes ceramides. Ceramide is a chemical made of sphingosine and a fatty acid. Ceramides are found in large amounts in eukaryotic cell membranes because they are one of the constituent lipids that make up sphingomyelin, one of the most significant lipids in the lipid bilayer. Ceramides and other sphingolipids were thought to be solely structural supports for cell membranes in earlier hypotheses.
Ceramides, on the other hand, can participate in a variety of cellular signalling events, according to current studies. The control of cell differentiation, proliferation, and programmed cell death are a few examples of these procedures (PCD). The Latin words “cera” and “amide,” which both mean wax, are the origin of the word “ceramide“. Ceramide is one of the components of the vernix caseosa, a white waxy or cheese-like material that covers the skin of new-born human.
Market Analysis
Ceramide Market size was valued at USD 91.94 Million in 2021 and is projected to reach USD 151 Million by 2030, growing at a CAGR of 5.69% from 2022 to 2030.
Driving Factors
Spending on anti-aging skincare products like face cream and lotion is much higher. The anti-aging cosmetics sector is steadily expanding every day. Ceramide-containing anti-aging cosmetics have seen a sharp increase in demand over the last few years. The population of countries like the United Kingdom and the United States is ageing more quickly, which is the main cause of this. Consumers in the UK who are over 65 spend far more money on cosmetics goods than those who are under 65. Consumers over the age of 65 spend nearly three times as much on cosmetics as consumers under the age of 65. The aforementioned elements are responsible for the market’s growth.
Hindering Factors
An increase in ceramide consumption through dietary supplies or an excess usage of ceramide through cosmetics run the risk of causing serious health issues. Numerous health issues, such as diabetes and cardiovascular illnesses, have been related to the existence of an exceptionally high proportion of ceramide in human tissue. It also negatively impacts human metabolism and is actively linked to a number of other comorbid conditions. It is projected that these factors will prevent the market from growing.
Market Segmentation
- By Process:-
- Fermentation Ceramides
- Plant-Extract Ceramides
- By End Use:-
- Personal Care Products & Cosmetics-
-Skin Care
-Hair Care
- Pharmaceuticals & Healthcare
- By Region:-
- North America (United States, Canada)
- Latin America(Mexico, Brazil, Argentina, Korea, Colombia)
- Europe(Germany, France, U.K., Italy, Russia)
- East Asia
- South Asia(China Japan South Korea India Australia China Taiwan Indonesia Thailand Malaysia)
- Oceania
- Middle East and Africa(Turkey, Saudi Arabia, UAE, Korea)
Market Demand
The number of people aged 60 or older is anticipated to rise by almost 56% between the years 2015 and 2030, according to data published by the UN Department of Economic and Social Affairs.
Due to the growing demand for components obtained from plants as opposed to ingredients produced from animal origin or other synthetic sources, the plant-extract ceramides sector is anticipated to develop at a relatively high rate by process throughout the forecast period.
Key Players in the Market
- Top companies such as Evonik Industries AG, Ashland Inc, Croda International Plc. Arkema S.A., and Shiseido Company are some of the major manufacturers of ceramides. These players operate on a global level with significantly wide product offerings.
- These players are trying to grow in the ceramides market by collaborating and associating with research institutes or by simply investing in their own research centers for the development of optimized technologies and processes for ceramide production at an industrial level. They also actively participate in the in the research for new application areas of ceramides.
- Besides these global players, there are several other ceramide market players that produce ceramides on a domestic level, and operate majorly by exporting to other regions.
- Some of the top producers of ceramides include Evonik Industries AG, Ashland Inc, Croda International Plc, Arkema S.A., and Shiseido Company. These companies have extremely broad product portfolios and engage in global operations.
- These market participants are attempting to expand their share of the ceramides market by working with research institutions, joining forces with them, or just investing in their own research facilities to create improved technologies and manufacturing methods for ceramides on an industrial scale. Additionally, they take an active part in the study of potential uses for ceramides.
In addition to these international businesses, there are several more domestic producers of ceramides who mostly conduct business through export to other continents.