Global Keratin Market

Global Keratin Market Size, Share, Growth Analysis, By Type (Alpha Keratin, Beta Keratin), By Application (Personal Care & Cosmetics, Healthcare & Pharmaceuticals), By Product (Natural Keratin, Synthetic Keratin), By Region -Industry Forecast 2025-2032


Report ID: SQMIG15E2560 | Region: Global | Published Date: November, 2024
Pages: 177 | Tables: 87 | Figures: 71

Keratin Market Insights

Keratin Market size was valued at USD 1.58 Billion in 2023 and is poised to grow from USD 1.68 Billion in 2024 to USD 2.71 Billion by 2032, growing at a CAGR of 6.2% during the forecast period (2025-2032).

Increasing emphasis on improving hair health around the world and growing issue of hair thinning and balding among young people is projected to bolster the demand for keratin over the coming years. Growing spending on personal care and rising sales of personal care products are also expected to create new opportunities for keratin companies in the future. High demand for skin care and cosmetics with functional ingredients is also expected to promote the use of keratin in personal care products going forward. Rising awareness regarding the health benefits associated with the use of keratin is also expected to benefit keratin market growth over the coming years. Increasing sales of shampoos, conditioners, and hair growth serums with keratin are also expected to present new opportunities for keratin companies through 2031. On the contrary, availability of synthetic alternatives, high costs of keratin products, and concerns over source are expected to impede keratin demand outlook across the study period.

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Keratin Market size was valued at USD 1.58 Billion in 2023 and is poised to grow from USD 1.68 Billion in 2024 to USD 2.71 Billion by 2032, growing at a CAGR of 6.2% during the forecast period (2025-2032).

Keratin companies should focus on increasing their supply in personal care and healthcare industry verticals to boost revenue generation. Investing in sustainable sourcing and processing of keratin is also expected to offer good returns for keratin providers going forward. Creating awareness regarding benefits of keratin and use of it in premium hair care products are also expected to be key trends for keratin companies in the future. 'Proteina', 'Hefei TNJ Chemical Industry Co., Ltd.', 'Rejuvenol', 'Scherdiva', 'Keratin Express', 'Keraplast', 'NutriScience Innovations LLC', 'Guangzhou FONCIU Cosmetics Limited', 'Shaanxi Qinland Bio-Tech Co., Ltd.', 'Wellgreen Technology Co., Ltd.', 'Greentech Biochemicals Co., Limited.', 'MakingCosmetics Inc.', 'Kerline Srl', 'Active Concepts LLC', 'BASF SE'

Growing emphasis on hair health among men as well as women around the world has bolstered the demand for hair care products on a global level. Shampoos, conditioners, hair sprays, and hair growth serums are witnessing a robust hike in demand, and this is projected to bolster the keratin market outlook as keratin is a key ingredient for hair care.

Emphasis on Sustainability: Keratin providers are expected to focus on the development of plant-based and vegan keratin to comply with sustainability and clean beauty trends. Increasing sustainability consciousness among people around the world is forecasted to create new opportunities for keratin suppliers via this trend in the long run.

Asia Pacific is forecasted to account for a dominant share of the global keratin demand outlook owing to rising demand for keratin-based products in this region. Growing aesthetic awareness among people, rising disposable income, and increasing willingness to spend more on premium personal care products are slated to be key drivers for keratin demand in this region. India, China, Japan, and South Korea are forecasted to be the leading markets owing to the presence of multiple personal care companies in these countries. The abundant supply of raw materials required for keratin extraction in this region is also expected to attract keratin manufacturers to the Asia Pacific region.

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Global Keratin Market

Report ID: SQMIG15E2560

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