The market for hyaluronic acid raw materials is booming, and the terminal markets such as food and pharmaceutical grades have great potential

Hyaluronic acid is a common ingredient in cosmetics, which has the functions of moisturizing, sun protection, repairing skin barrier, and inhibiting inflammation.

Hyaluronic acid is a high-quality moisturizing factor used in medicine, food, and cosmetics

Hyaluronic acid is a common ingredient in cosmetics, which has the functions of moisturizing, sun protection, repairing skin barrier, and inhibiting inflammation. Hyaluronic acid can be divided into medical grade, cosmetic grade and food grade according to its usage and technical requirements. The main industry barriers are reflected in technology. Among them, medical grade hyaluronic acid has the highest requirements for quality and purity, followed by cosmetic grade, and finally food grade. When companies produce medical-grade hyaluronic acid, they must first undergo GMP quality audits and stability tests. They also require a drug production license, drug approval number, etc. The entire process generally takes 2-5 years. Enterprise technology also determines the cost and quality of products and is the core competitiveness in the industry.

Product side: Hyaluronic acid has a wide range of uses

As the application scope of terminal products gradually expands, from medicine to cosmetics and food, and then to new fields such as oral care and tumor treatment, the market potential is continuously being tapped and the industry's dividend period is gradually extended. Medical-grade hyaluronic acid terminal products mainly involve three areas: medical cosmetology, orthopedic treatment and ophthalmic treatment, among which medical cosmetology has a higher proportion and a high compound growth rate.

Terminal: Domestic hyaluronic acid products, mainly cosmetics and medical beauty products

Hyaluronic acid-related end products can be used in food, cosmetics, and medicine (medicine + medical beauty products) according to the raw material level. Among them, the food terminal market is mainly overseas; for cosmetics and medical beauty, the domestic growth rate is faster than that overseas. In terms of medical aesthetics, China's current medical aesthetics market penetration rate is low, and the market share of injectable medical aesthetics products is gradually increasing, with hyaluronic acid being the main injectable product. According to data, the compound growth rate of terminal product scale reached 32.2% from 2014 to 2018, so there is also a lot of room for improvement in hyaluronic acid medical beauty products.

LG Chem's Iwan Hyaluronic Acid from South Korea

When it comes to hyaluronic acid in medical beauty, we have to mention Yiwan Hyaluronic Acid, which has always been at the top of the market for similar products in terms of sales. Many people may have started to know about YVOIRE® Hyaluronic Acid in 2013, because in 2013, YVOIRE® obtained the domestic CFDA certification and was officially launched in the country.

As an independently developed brand under the professional technology of LG Chem, a Fortune 500 company in South Korea, Yiwan Hyaluronic Acid is traceable from raw materials to finished products. The medical-grade raw materials used in Yiwan Hyaluronic Acid are obtained through microbial fermentation and are closer to the properties of natural hyaluronic acid. Its raw materials have obtained European EDQM and US FDA DMF certifications, and have been recognized by the public, allowing countless people seeking beauty to become beautiful with peace of mind. Yiwan Hyaluronic Acid always puts those who seek beauty first. While being committed to providing those who seek beauty with cost-effective hyaluronic acid, it shoulders the responsibility of a large enterprise and works tirelessly to provide those who seek beauty with a good environment for seeking beauty.

As a world-renowned research and development institution for hyaluronic acid polymer raw material HA, the HICE core technology developed by South Korea's LG Chem is also in a leading position in the medical beauty industry. This technology is unique to Yiwan Hyaluronic Acid. By evenly mixing polymer HA with a cross-linking agent and reacting them at high concentrations, it is an advanced technology that can achieve a higher cross-linking rate using a small amount of cross-linking agent. The various series of Yiwan products developed based on this technology have become representative brands of medical beauty hyaluronic acid, and have a high reputation and good reputation in the industry.