Middle East & Africa Lanolin Market Size & Outlook
Middle East & Africa lanolin market, 2018-2030 (US$M)
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MEA lanolin market highlights
- The MEA lanolin market generated a revenue of USD 35.1 million in 2023.
- The market is expected to grow at a CAGR of 3.3% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 35.1 million |
| Market revenue in 2030 | USD 44.1 million |
| Growth rate | 3.3% (CAGR from 2023 to 2030) |
| Largest segment | Lanolin fatty acid |
| Fastest growing segment | Cholesterin |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 11.3% of the global lanolin market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 147.1 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Lanolin Market Scope
Lanolin Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 16.52% in 2023. Horizon Databook has segmented the Middle East & Africa 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 Middle East & Africa region is expected to become a major market for specialty ingredients as well as organic products in the personal care sector. According to the Organic & Natural Products EXPO Dubai, the region has one of the highest spending, i.e. USD 247 per month, on beauty and personal grooming.
The report states that the clean beauty industry in six GCC countries, including Kuwait, Qatar, UAE, Bahrain, Oman, and Saudi Arabia, is expected to account for USD 2.6 billion by 2025. This is expected to become a major driver for the consumption of lanolin in the personal care sector in the region during the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa lanolin market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa lanolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA lanolin market size, by country, 2018-2030 (US$M)
Middle East & Africa Lanolin Market Outlook Share, 2023 & 2030 (US$M)
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