India Lanolin Market Size & Outlook, 2023-2030
India lanolin market, 2018-2030 (US$M)
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India lanolin market highlights
- The India lanolin market generated a revenue of USD 15.6 million in 2023 and is expected to reach USD 23.0 million by 2030.
- The India market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, lanolin fatty acid was the largest revenue generating product in 2023.
- Cholesterin is the most lucrative product segment registering the fastest growth during the forecast period.
Lanolin market data book summary
| Market revenue in 2023 | USD 15.6 million |
| Market revenue in 2030 | USD 23.0 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Lanolin fatty acid |
| Fastest growing segment | Cholesterin |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lanolin Alcohol, Cholesterin, Isopropyl Lanolate, Laneth, Lanogene, Lanosterols, Quaternium 33, PEG-75, Lanolin Fatty Acid |
| Key market players worldwide | Basf SE, The Lubrizol Corp, Imperial Brands PLC, Nippon Chemical Industrial, Lanotec, Croda International PLC, Esperis, Rolex Lanolin |
Other key industry trends
- In terms of revenue, India accounted for 5.0% of the global lanolin market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China lanolin market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 23.0 million by 2030.
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Lanolin Market Scope
Lanolin Market Companies
| Name | Profile | # Employees | HQ | Website |
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India lanolin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lanolin market will help companies and investors design strategic landscapes.
Lanolin fatty acid was the largest segment with a revenue share of 23.72% in 2023. Horizon Databook has segmented the India lanolin market based on lanolin alcohol, cholesterin, isopropyl lanolate, laneth, lanogene, lanosterols, quaternium 33, peg-75, lanolin fatty acid covering the revenue growth of each sub-segment from 2018 to 2030.
The Indian pharmaceutical industry is one of the biggest in the world, and itis expected to reach USD 130 billion by the year 2030, as per Invest India. The country is also a major producer of generic drugs, occupying a 20% share of the global supply by volume.
The government of India has supported the pharma sector using various production linked incentive schemes apart from setting up bulk drug manufacturing plants in various states such as Gujarat, Andhra Pradesh, and Himachal Pradesh. Thus, the pharma sector in the country is expected to remain the biggest end user of lanolin products during the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the India lanolin market , including forecasts for subscribers. This country databook contains high-level insights into India lanolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India lanolin market size, by product, 2018-2030 (US$M)
India Lanolin Market Outlook Share, 2023 & 2030 (US$M)
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