Dihydroxyacetone, or DHA as it's more widely known, is a colourless sugar molecule included in most self-tanning lotions.
The value of the Dihydroxyacetone (DHA) market is projected to grow to USD 219.8 million with an estimated CAGR of 5.59% by 2028
Covid 19 Impact & Market Status
The global lockdown that followed the outbreak of the COVID-19 outbreak has thrown the supply chain into disarray. As the coronavirus spread, demand for chemical intermediates plummeted due to global financial and economic turmoil. As a result of the pandemic, several major dihydroxyacetone-producing nations saw large fluctuations in demand for dihydroxyacetone in application sectors such as cosmetics, chemicals, and medicine.
The cosmetic segment is accounted for the Highest Market Share
The dihydroxyacetone market is dominated by the cosmetics industry. Many sunless tanning skincare products use dihydroxyacetone as the major active component. Dihydroxyacetone can be used by itself or in combination with other tanning agents like erythrulose. It's widely regarded as the most effective sun-free tanning agent.
North America led the dihydroxyacetone Market
Due to the presence of a significant number of important manufacturers in this area, North America led the worldwide market for dihydroxyacetone in 2021. Brazil is predicted to have a strong growth rate in South America in the next years. It will be attributed to the local population's greater discretionary income and solid economic indicators. The availability of an undeveloped market with less competition would be another opportunity for developers.
Furthermore, the country has a well-developed infrastructure that makes product movement across numerous places simple. In the worldwide dihydroxyacetone business, the European area is a prominent market. DHA use has risen dramatically in recent years, owing to its use in sunless tanning treatments and as a cosmetic element. Over the forecast period, this aspect is predicted to fuel the regional market's growth.
It can be made synthetically or from simple sugars like those found in sugar beets and sugar cane. According to Lam-Phaure, it's the only substance allowed by the FDA as a self-tanner.
The chemical molecule dihydroxyacetone (DHA) is responsible for the tanning effect on human skin. In keratinocytes, which are protein cells located inside hair follicles and on the skin's surface, the DHA molecule interacts with amino acids. Dihydroxyacetone accumulates together with other compounds found naturally in sweat known as eumelanin precursors as beta-oxidation occurs within these cells. These molecules pile up until their concentration is high enough for sunless tanners or self-tanners to achieve a dark brown or black colour through melanogenesis, which is a natural pigment synthesis process. In medicine, dihydroxyacetone is used to treat brownish-black or red skin discoloration caused by increased melanin production. It aids in the reduction of melanin synthesis and the lightening of dark spots on the skin. To improve the consumer experience, global market participants are working on boosting their production capabilities and introducing new goods.
Merck KGaA, Adina, Hubei Marvel-Biomedicine, Changxing Pharmaceutical are the top key players operating in the market.
Latest Innovation in the Dihydroxyacetone (DHA) Market: A Snapshot
- Prosun, a market Leader recently launched a dihydroxyacetone (DHA)-based skincare product line under the Sun factor brand, which includes a moisturizing lotion and cleansing gel, as well as a sun protection factor (SPF) 30 sunscreen cream that protects users from harmful ultraviolet rays while providing a tan without UV exposure. As producers endeavor to fulfill consumer demand for safer tanning products, this sort of research may present an opportunity.
Dihydroxyacetone (DHA) Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 219.8 million|
|Growth Rate||CAGR of 5.59 % during 2021-2028|
|Segment Covered||Product Types, Applications, Regions|
|Regions Covered||North America, Europe, Asia Pacific, Middle East and Africa, South America|
|Key Players Profiled||Hungsun Chemical, Givaudan, Hungsun Chemical, Spec-Chem Industry, Shaanxi Iknow Biotechnology, Hubei Marvel-Bio Medicine|
Key Segments of the Dihydroxyacetone (DHA) Market
Type Overview, 2022-2029 (USD Million)
Application Overview, 2022-2029 (USD Million)
Regional Overview, 2022-2029 (USD Million)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa