Vancouver, Sept. 20, 2023 (GLOBE NEWSWIRE) -- The global acne treatment market size was USD 9.10 Billion in 2021 and is expected to register a revenue CAGR of 4.6% over the forecast period, according to the latest analysis by Emergen Research. Increase in launch of novel acne products and rising demand for personal wellness and smooth spotless skin due to high psychological burden associated with acne are some key factors driving acne treatment market revenue growth. In addition, growing consumption of unhealthy food is increasing acne problems, which is further increasing the demand for acne treatment.
Rising demand for personal wellness and smooth spotless skin due to high psychological burden associated with acne has led to an increasing number of launches of novel acne products. For instance, on 28 October 2019, the United States Food and Drug Administration (USFDA) approved Amzeeq, which is a topical form of antibiotic minocycline. The drug was earlier available as an oral antibiotic, however, now it is available in non-pill form and delivers minocycline in form of foam. Foamix Pharmaceuticals, a manufacturer of the product has leveraged its proprietary Molecule Stabilizing Technology (MST) platform to deliver minocycline effectively in a foam-based vehicle. The production of such innovative and novel products for treatment of acne is expected to substantially propel market revenue growth.
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Additionally, growing consumption of unhealthy food is increasing acne problems is another factor that can increase prevalence of acne among people of all ages, which can significantly increase demand for acne treatment products. Consumption of food products with high sugar in products, such as pastries, cakes, and soda cans, significantly worsens acne. According to a research report conducted on 2,258 patients who were placed on a low-glycemic diet, it was noted that 87% of patients reported reduced acne. However, increasing number of fast-food outlets and popularity of street food is expected to contribute to growing prevalence of acne and hence driving growth of the market.
Factors, such as skin positivity movement and lack of awareness about skin issues, are restraining revenue growth of the market. Poor understanding of risk factors for skin infections, such as acne may delay recognition of symptoms of some harmful skin ailments and further delay treatment. However, an increase in awareness campaigns by various skincare professionals through social media and launch of novel products to cure acne is expected to support growth of the market in long term.
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Scope of Research
| Report Details | Outcome |
| Market Size in 2021 | USD 9.10 Billion |
| CAGR (2022–2030) | 4.6% |
| Size Forecast to 2030 | USD 13.59 Billion |
| Base Year for Estimation | 2021 |
| Historical Data | 2019–2020 |
| Forecast Period | 2022–2030 |
| Quantitative Units | Revenue in USD Billion, and CAGR in % from 2022 to 2030 |
| Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments Covered | Product, administration, end user, and region |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Country Scope | U.S., Canada, Mexico, Germany, U.K., France, Spain, BENELUX, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, Israel, and Rest of Middle East & Africa |
| Key Companies Profiled | Botanix Pharmaceuticals, Galderma S.A., Ortho Dermatologics (Bausch Health Companies Inc.), GSK plc, Bayer AG, Johnson & Johnson Services, Inc., Pfizer Inc., AbbVie Inc., Teva Pharmaceutical Industries Ltd., and Almirall, S.A |
| Customization Scope | 10 hours of free customization and expert consultation. |
Major Companies and Competitive Landscape
The global acne treatment market is consolidated with a few large and medium-sized players accounting for majority of market revenue. Established companies are engaged in various research & development activities and initiatives to develop and deploy new and more efficient technologies in the acne treatment market. Some major companies included in the global market report are:
- Botanix Pharmaceuticals
- Galderma S.A.
- Ortho Dermatologics (Bausch Health Companies Inc.)
- GSK plc
- Bayer AG
- Johnson & Johnson Services, Inc.
- Pfizer Inc.
- AbbVie Inc.
- Teva Pharmaceutical Industries Ltd.
- Almirall, S.A
Strategic Development
- On 5 January 2022, Galderma S.A. completed its acquisition of ALASTIN Skincare, Inc. after receiving an antitrust clearance from federal authorities of the U.S. Increasing consumer interest and growing popularity of aesthetic skin care procedures had led to a rise in demand for effective products and robust portfolio of ALASTIN and experience in scientific skincare products will increase ability of Galderma to serve a wide range of customers.
- On 19 December 2019, Ortho Dermatologics (Bausch Health Companies Inc.), a U.S.-based largest prescription dermatology health care business received approval from the U.S. Food and Drug Administration (FDA) for its new drug application for ARAZLO Lotion, 0.045%, for topical treatment of acne vulgaris for patients 9 years and older. It is the first tazarotene acne treatment available in a form of lotion and has proved to be highly effective for treating acne
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Some Key Highlights from the Report
- On 24 February 2020, Almirall, S.A, announced to send its product Seysara (sarecycline) to the Chinese regulatory body NMPA in 2023 for approval. It is an innovative tetracycline-derived oral antibiotic used for treatment of inflammatory lesions of moderate to severe acne vulgaris. Almirall S.A has commercialization rights for this product in the U.S., and under a License Agreement from Paratek Pharmaceuticals, Inc., it will develop, register, and commercialize the product in China in exchange for royalties.
- The antibiotics segment revenue is expected to account for largest revenue share over the forecast period owing to its increasing popularity among people suffering from acne due to its effectiveness. In addition, increasing launch of new antibiotics are more effective due to an increase in antibiotic resistance among patients.
- The topical segment accounted for a larger revenue share in 2021 owing to growing popularity of Over-the-Counter (OTC) drugs and rapid development of new topical therapy for treatment of acne. Additionally, an increasing number of new discoveries of topical therapy for acne patients will further contribute to revenue growth of the segment.
- The skincare clinics segment is expected to register a rapid growth rate over the forecast period. High psychological burden associated with acne and increasing demand for hormonal therapy for acne treatment is expected to sustain revenue growth of the market over the forecast period.
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Emergen Research has segmented the global acne treatment market based on product, administration, end user, and region:
- Product Outlook (Revenue, USD Billion, 2019–2030)
- Retinoids
- Antibiotics
- Isotretinoin
- Others
- Administration Outlook (Revenue, USD Billion, 2019–2030)
- Oral
- Topical
- Injectable
- End User Outlook (Revenue, USD Billion, 2019–2030)
- Hospitals
- Skincare Clinics
- Regional Outlook (Revenue, USD Billion, 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- Rest of Middle East & Africa
- North America
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