Market Share of Hyaluronic Acid Products Industry
The hyaluronic acid market is fragmented, with the presence of small and large players. Some prominent players in the market are Contipro AS, Bloomage Biotechnology Corporation Limited, Fufeng Group, Kewpie, and Givaudan SA. The key strategies adopted by these players include product innovation, partnerships, mergers, and acquisitions. For instance, in April 2023, Givaudan acquired a major cosmetic ingredients portfolio from Amyris Inc. Amyris is a biotechnology company that provides ingredients for the beauty, health & and wellness industries. Additionally, they also focus on R&D activities by collaborating with universities and other research institutions to attain high product innovations specific to the end-user application and gain an advantage over their competitors.
Hyaluronic Acid Market Leaders
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Contipro AS
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Bloomage Biotechnology Corporation Limited
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Fufeng Group
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Kewpie
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Givaudan SA
*Disclaimer: Major Players sorted in no particular order