U.S. Lanolin Market Size & Outlook, 2023-2030
U.S. lanolin market, 2018-2030 (US$M)
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U.S. lanolin market highlights
- The U.S. lanolin market generated a revenue of USD 29.8 million in 2023 and is expected to reach USD 40.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.5% from 2024 to 2030.
- In terms of segment, lanolin fatty acid was the largest revenue generating product in 2023.
- Lanosterols is the most lucrative product segment registering the fastest growth during the forecast period.
Lanolin market data book summary
| Market revenue in 2023 | USD 29.8 million |
| Market revenue in 2030 | USD 40.7 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Lanolin fatty acid |
| Fastest growing segment | Lanosterols |
| 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, U.S. accounted for 9.6% of the global lanolin market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. lanolin market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 7.9 million by 2030.
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Lanolin Market Scope
Lanolin Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 21.14% in 2023. Horizon Databook has segmented the U.S. 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 usage of lanolin in diverse sectors, such as pharmaceutical and personal care products, is regulated by the U.S. federal code of regulations. According to the National Library of Medicine, the concentration of lanolin is to be kept between 12% and 50% for usage in over-the-counter skin ointments.
The pharmaceutical sector in the U.S. is another major end user of lanolin. According to a report published by the European Federation of Pharmaceutical Industries and Associations, the U.S. pharmaceutical industry accounted for 64% of the new medicines launched during the period of 2017- 2022. This earmarks the growth and R&D activities in the local pharmaceutical industry, which is expected to become a major end user of lanolin over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. lanolin market , including forecasts for subscribers. This country databook contains high-level insights into U.S. lanolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. lanolin market size, by product, 2018-2030 (US$M)
U.S. Lanolin Market Outlook Share, 2023 & 2030 (US$M)
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