Keratin Market by Product and Geography - Forecast and Analysis 2022-2026

Published: Feb 2022 Pages: 120 SKU: IRTNTR72596

The keratin market share is expected to increase by USD 1.40 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.92%.

This keratin market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers keratin market segmentation by product (alpha-keratin and beta-keratin) and geography (APAC, Europe, North America, South America, and Middle East and Africa). The keratin market report also offers information on several market vendors, including Akola Chemicals Ltd., BASF SE, Church and Dwight Co. Inc., Clariant International Ltd., Cobiosa Industrias Asociadas SL, Croda International Plc, GREENTECH SA, ICHIMARU PHARCOS Co. Ltd., Keraplast Technologies LLC, Keratin Express, Lonza Group Ltd., MakingCosmetics Inc., Organic Beauty Solution Inc., Proteina, Rejuvenol, Symrise AG, The Roxlor Group, TORFO wellness Pvt. Ltd., Unilever PLC, and Wella Operations US LLC among others.

What will the Keratin Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Keratin Market Size for the Forecast Period and Other Important Statistics

 

Keratin Market: Key Drivers, Trends, and Challenges

The rising applicability of keratin in wound treatments is notably driving the keratin market growth, although factors such as stringent regulations in the cosmetics industry may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the keratin industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Keratin Market Driver

One of the key factors driving the global keratin market growth is the rising applicability of keratin in wound treatments. For example, keratin proteins derived from ovine wool have a wide range of applications in acute wound care management. They also help in treating several acute skin disorders such as epidermolysis bullosa. Furthermore, keratin dressings are found to be very effective in healing wounds and tissue recovery, as they release keratin peptides into the wound, which activate keratinocytes (skin cells) in the affected area. This leads to proliferation and migration of fibroblasts, production of collagen, and formation of granulation tissue, thereby resulting in effective healing of the wound. Moreover, these keratin-based dressings help to provide a better cosmetic effect in terms of scar formation. All these factors are expected to drive the growth of the global keratin market during the forecast period.

Key Keratin Market Trend

Another key factor driving the global keratin market growth is the number of keratin-based new product launches by numerous vendors. Moreover, new product launches help the manufacturers operating in the global keratin market across different industries to attract consumers and widen their customer base. For instance, in 2021, US-based company Vegamour announced that it was also preparing to launch its keratin-based products into the ageless category with a new technology designed to preserve hair natural pigment longer. In May 2021, Indian beauty brand Atulya Herbals launched a hair care line featuring veg keratin and wheat protein. According to Atulya, a brand of Beacon Bio Life Sciences Pvt. Ltd., this is the first time plant-based keratin has been launched in India. This is expected to be a major factor that will drive the growth of the market during the forecast period.

Key Keratin Market Challenge

One of the key challenges to the global keratin market growth is the stringent regulations in the cosmetics industry. For instance, in the US, the FDA regulates the cosmetics industry under the regulatory authority of FDCA. According to the FDCA, companies and individuals who are engaged in the marketing and sales of cosmetics in the US have a legal responsibility toward the safety of their products. Moreover, the aim of the Personal Care Products Safety Act, which was implemented in March 2019, was to improve the monitoring of cosmetic ingredients' safety as well as provide a greater degree of transparency in the labeling of cosmetic products. In India, the Department of Health and Family Welfare is the government regulatory body, which enforces various regulations in the cosmetics industry. Failure to comply with these regulations results in product recalls at any stage of the supply chain, which poses a severe threat to the cosmetics industry. This, in turn, will negatively impact the growth of the market during the forecast period.

This keratin market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global keratin market as a part of the global commodity chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the keratin market during the forecast period.

Who are the Major Keratin Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Akola Chemicals Ltd.
  • BASF SE
  • Church and Dwight Co. Inc.
  • Clariant International Ltd.
  • Cobiosa Industrias Asociadas SL
  • Croda International Plc
  • GREENTECH SA
  • ICHIMARU PHARCOS Co. Ltd.
  • Keraplast Technologies LLC
  • Keratin Express
  • Lonza Group Ltd.
  • MakingCosmetics Inc.
  • Organic Beauty Solution Inc.
  • Proteina
  • Rejuvenol
  • Symrise AG
  • The Roxlor Group
  • TORFO wellness Pvt. Ltd.
  • Unilever PLC
  • Wella Operations US LLC

 

This statistical study of the keratin market encompasses successful business strategies deployed by the key vendors. The keratin market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Akola Chemicals Ltd. - The company offers keratin that includes protein hydrolysates, aola chemicals, collagen protein, keratin protein, and many more. 
  • BASF SE - The company offers keratin that includes cytokeratin, protein, amino acids, multi-vitamin, trichohalin, filaggrin, and other products.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The keratin market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Keratin Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the keratin market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Keratin Market?

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34% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for keratin in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The significant increase in the demand for natural and organic cosmetic products among end-users will facilitate the keratin market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 pandemic had a negative impact on the regional keratin market in 2020. Retail stores, supermarkets, hypermarkets, pharmacies, beauty salons, salons, and spas were temporarily closed. This was due to a lockdown imposed by governments in various countries such as China, India, South Korea, and Japan. However, due to the availability of COVID-19 vaccines and vaccination drives carried out by the governments of various countries in APAC, the activities on offline retail channels supplying keratin-based products gradually returned to normal in 2021. The demand for keratin in the region will continue to grow during the forecast period.

What are the Revenue-generating Product Segments in the Keratin Market?

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The keratin market share growth by the alpha-keratin segment will be significant during the forecast period. Several benefits of alpha-keratin have increased its application across various industries, which will be a driving factor for the overall growth of the global keratin market during the forecast period.  For instance, the alpha-keratin found in human hair accelerates the wound healing and blood clotting processes, and hence, it is used for various medicinal purposes. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the keratin market size and actionable market insights on post COVID-19 impact on each segment.

 

Keratin Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.92%

Market growth 2022-2026

$ 1.40 billion

Market structure

Fragmented

YoY growth (%)

6.42

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 34%

Key consumer countries

US, Canada, China, Japan, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Akola Chemicals Ltd., BASF SE, Church and Dwight Co. Inc., Clariant International Ltd., Cobiosa Industrias Asociadas SL, Croda International Plc, GREENTECH SA, ICHIMARU PHARCOS Co. Ltd., Keraplast Technologies LLC, Keratin Express, Lonza Group Ltd., MakingCosmetics Inc., Organic Beauty Solution Inc., Proteina, Rejuvenol, Symrise AG, The Roxlor Group, TORFO wellness Pvt. Ltd., Unilever PLC, and Wella Operations US LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Keratin Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive keratin market growth during the next five years
  • Precise estimation of the keratin market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the keratin industry across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of keratin market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 26: Chart on Comparison by Product
      • Exhibit 27: Data Table on Comparison by Product
    • 5.3 Alpha-keratin - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Alpha-keratin - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Alpha-keratin - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Alpha-keratin - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Alpha-keratin - Year-over-year growth 2021-2026 (%)
    • 5.4 Beta-keratin - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Beta-keratin - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Beta-keratin - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Beta-keratin - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Beta-keratin - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Product
      • Exhibit 36: Market opportunity by Product ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 UK - Market size and forecast 2021-2026
      • Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.11 Canada - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.12 Japan - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Akola Chemicals Ltd.
              • Exhibit 89: Akola Chemicals Ltd. - Overview
              • Exhibit 90: Akola Chemicals Ltd. - Product / Service
              • Exhibit 91: Akola Chemicals Ltd. - Key offerings
            • 10.4 BASF SE
              • Exhibit 92: BASF SE - Overview
              • Exhibit 93: BASF SE - Business segments
              • Exhibit 94: BASF SE - Key news
              • Exhibit 95: BASF SE - Key offerings
              • Exhibit 96: BASF SE - Segment focus
            • 10.5 Clariant International Ltd.
              • Exhibit 97: Clariant International Ltd. - Overview
              • Exhibit 98: Clariant International Ltd. - Business segments
              • Exhibit 99: Clariant International Ltd. - Key news
              • Exhibit 100: Clariant International Ltd. - Key offerings
              • Exhibit 101: Clariant International Ltd. - Segment focus
            • 10.6 Croda International Plc
              • Exhibit 102: Croda International Plc - Overview
              • Exhibit 103: Croda International Plc - Business segments
              • Exhibit 104: Croda International Plc - Key offerings
              • Exhibit 105: Croda International Plc - Segment focus
            • 10.7 GREENTECH SA
              • Exhibit 106: GREENTECH SA - Overview
              • Exhibit 107: GREENTECH SA - Product / Service
              • Exhibit 108: GREENTECH SA - Key offerings
            • 10.8 Keraplast Technologies LLC
              • Exhibit 109: Keraplast Technologies LLC - Overview
              • Exhibit 110: Keraplast Technologies LLC - Product / Service
              • Exhibit 111: Keraplast Technologies LLC - Key offerings
            • 10.9 Keratin Express
              • Exhibit 112: Keratin Express - Overview
              • Exhibit 113: Keratin Express - Product / Service
              • Exhibit 114: Keratin Express - Key offerings
            • 10.10 Lonza Group Ltd.
              • Exhibit 115: Lonza Group Ltd. - Overview
              • Exhibit 116: Lonza Group Ltd. - Business segments
              • Exhibit 117: Lonza Group Ltd. - Key offerings
              • Exhibit 118: Lonza Group Ltd. - Segment focus
            • 10.11 Symrise AG
              • Exhibit 119: Symrise AG - Overview
              • Exhibit 120: Symrise AG - Business segments
              • Exhibit 121: Symrise AG - Key offerings
              • Exhibit 122: Symrise AG - Segment focus
            • 10.12 The Roxlor Group
              • Exhibit 123: The Roxlor Group - Overview
              • Exhibit 124: The Roxlor Group - Product / Service
              • Exhibit 125: The Roxlor Group - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 126: Inclusions checklist
                • Exhibit 127: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 128: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 129: Research methodology
                • Exhibit 130: Validation techniques employed for market sizing
                • Exhibit 131: Information sources
              • 11.5 List of abbreviations
                • Exhibit 132: List of abbreviations
              • o

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                keratin market

                Key Questions Answered

                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

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                • Parent market analysis
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                • Detailed vendors report with competitive landscape
                • Covid-19 impact and recovery analysis
                • Data on revenue-generating market segments
                • Details on the market shares of various regions
                • Five-force market analysis