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Mannosylerythritol Lipid (MEL) Market is Projected to Expand at a 4.9% CAGR and Reach US$ 6.74 Billion by 2034 | Fact.MR Report

Increasing Consumer Preference for Bio-Based Pharmaceutical and Personal Care Products Benefiting Mannosylerythritol Lipid (MEL) Producers.

Rockville, MD, Aug. 22, 2024 (GLOBE NEWSWIRE) — The global 

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the mannosylerythritol lipid market for 2019 to 2023 and forecast statistics for 2024 to 2034.

The study divulges insights into the mannosylerythritol lipid (MEL) market based on type (MEL- A, MEL-B) and application (household detergents, personal care & cosmetics, pharmaceuticals, food), across seven major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and MEA).

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Functional Powdered Lipid Market: recorded sales worth US$ 216.68 million in 2022, expanding at a CAGR of 8.4% from 2018 to 2022. The market is forecasted to advance at a CAGR of 10.1% and reach a size of US$ 624.41 million by the end of 2033.

Dyslipidemia Therapeutics Market:  is forecasted to exhibit expansion at a CAGR of 2.5% over the next ten years. This Fact.MR market study predicts global demand for dyslipidemia therapeutics to accumulate a market revenue of US$ 53.2 billion by the end of 2033.

Phospholipid Market: was valued at around US$ 3.7 Billion in 2021. With a projected CAGR of 7.3% for the next ten years, the market is likely to reach a valuation of approximately US$ 7.8 Billion by the end of 2032.

Personal Care Active Ingredient Market: size is estimated to increase from a valuation of US$ 2.09 billion in 2024 to US$ 3.44 billion by 2034.

Personal Care and Cosmetics Preservatives Market: is estimated to be valued at around US$ 408.6 million in 2023 owing to increased demand for personal care products post-pandemic in the wake of hygiene maintenance. Additionally, the market is expected to widen at a substantial growth rate of 5.8% by the end of the forecast period. 

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