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The latest research study on the global Melanin (CAS 8049-97-6) market finds that the global Melanin (CAS 8049-97-6) market reached a value of USD 14.41 million in 2023. It’s expected that the market will achieve USD 20.94 million by 2032, exhibiting a CAGR of 4.24% during the forecast period.
elanin is a group of natural pigments found in most organisms and a complex polymer derived from the amino acid tyrosine. Melanin provides photoprotection from Uv radiations by absorbing radiations from the electromagnetic spectrum, also effective against chemical stress and high temperature.
BOC Sciences and Spaya Join Forces to Expand Chemical Offerings
December 11, 2023
BOC Sciences, a leading chemical supplier, has partnered with Spaya, an AI-powered chemical synthesis platform, to enhance the portfolio of commercially available materials by listing an unprecedented 140,000+ chemical products.
Thermo Fisher Scientific & Flagship Pioneering Expand Ongoing Strategic Partnership to Jointly Create New Platform Companies with First-in-Class Enabling Technologies for Life Sciences
November 28, 2023
Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, and Flagship Pioneering, the bioplatform innovation company, today announced the formation of a strategic partnership to develop and commercially scale multiproduct platforms on an accelerated basis.
The demand from the pharmaceutical and healthcare industries increased
One driving factor behind the Melanin (CAS 8049-97-6) market growth is the increasing demand from pharmaceutical and healthcare industries. Due to its diverse characteristics and good biocompatibility, melanin has become the focus in the fields of medicine including pharmaceutical and healthcare, with its increased use in pharmaceuticals and healthcare applications, which is expected to benefit the Melanin market development.
The great market potential in the beauty and makeup industry
Another driving factor behind the Melanin (CAS 8049-97-6) market growth is the increasing focus on melanin-rich products in the makeup industry. In cosmetics, melanin is used as a skin conditioning agent, as well as a skin protecting and anti-aging agent, but it can also be incorporated into a range of skin care products that provide skin coloring or tinting, as well as sunscreens.
Region Overview:
In 2022, the share of the Melanin (CAS 8049-97-6) market in United States stood at 33.94%.
Company Overview:
MilliporeSigma is one of the major players operating in the Melanin (CAS 8049-97-6) market, holding a share of 14.58% in 2023.
MilliporeSigma is a leading supplier to the global Life Science industry with solutions and services for research, biotechnology development and production, and pharmaceutical drug therapy development and production.
Segmentation Overview:
Among different product types, Synthesis segment is anticipated to contribute the largest market share in 2028.
Natural
Natural refers to melanin produced by isolation and extraction from living things, such as animals, plants and microorganisms. The largest producers are marine cephalopods, which is expelled out by Sepia as a defense strategy against their adversaries. Plants are another source, in which the vegetable melanin are obtained by a chemically treated process, whereby a vegetable crude material-containing polymers or monomeric units of the flavonoids is processed to extract melanin. Another key source of melanin is microorganisms (bacteria and fungus).
Synthesis
Synthetic refers to the production of melanin through chemical synthesis. In chemical synthesis, polydopamine, which shares some properties with natural melanin due to their similar functional groups such as catechol, amine and imine groups, is synthesized via oxidative polymerization of dopamine.
Application Overview:
By application, the Pharmaceuticals segment occupied the biggest share from 2018 to 2022.
Pharmaceuticals
The biological pigment melanin is present in most of the biological systems. It manifests a host of biological and pharmacological properties. Its role as a molecule with special properties and functions affecting general health, including photoprotective and immunological action, are well recognized. Furthermore, melanin plays an important role in the development of pharmaceutical products for antioxidant, anti-inflammatory, immunomodulatory, radioprotective, and gastrointestinal benefits. For example, melanins from various sources exhibit significant antioxidant activity. In addition, melanin could also interact with orally administered drugs and be used as a vehicle for drug delivery.
Beauty Industry
Melanin is mainly used in the beauty industry for its antioxidant properties. Uses of melanin in skin and cosmetics include sunscreens and hair coloring. Second, melanin acts as a metal chelator, which can be used in environmental applications. Melanin acts as a scavenging or quenching molecule as superoxide anion and singlet oxygen species.
The report covers a research time span from 2019 to 2030; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Melanin (CAS 8049-97-6) market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.
For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.
As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.
Research Scope
This report provides an overview of the global Melanin (CAS 8049-97-6) market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Melanin (CAS 8049-97-6) and its sub-markets in an intuitive way.
Key Companies in the global Melanin (CAS 8049-97-6) market covered in Chapter 3:
MilliporeSigma
AdooQ BioScience
BIOFOUNT
Thermo Fisher Scientific
The Innovation Company
Vantage Specialty Ingredients Inc
Spectrum Chemical
Chengdu Shuobo Yanchuang Technology Co., Ltd.
Biosynth Carbosynth
BOC Sciences
In Chapter 4 and Chapter 14.2, on the basis of types, the Melanin (CAS 8049-97-6) market from 2019 to 2030 is primarily split into:
Synthesis
Natural
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Melanin (CAS 8049-97-6) market from 2019 to 2030 covers:
Pharmaceuticals
Beauty Industry
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
Key Factors Considered
COVID-19
Amid the COVID-19 crisis, the Melanin (CAS 8049-97-6) market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.
Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.
Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
1 Market Definition and Statistical Scope 2 Research Findings and Conclusion 3 Key Companies’ Profile 4 Global Melanin (CAS 8049-97-6) Market Segmented by Type 5 Global Melanin (CAS 8049-97-6) Market Segmented by Downstream Industry 6 Melanin (CAS 8049-97-6) Industry Chain Analysis 7 The Development and Dynamics of Melanin (CAS 8049-97-6) Market 8 Global Melanin (CAS 8049-97-6) Market Segmented by Geography 9 North America 10 Europe 11 Asia Pacific 12 Latin America 13 Middle East & Africa 14 Global Melanin (CAS 8049-97-6) Market Forecast by Geography, Type, and Downstream Industry 2024-2030 15 Appendix |
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