Big Firms

The world’s major manufacturers of hyaluronic acid products

According to Frost&Sullivan analysis, the global sales of hyaluronic acid raw materials reached 500 tons in 2018, and the CAGR of annual sales was 22.8% from 2014 to 2018. It is expected that the sales volume will maintain a high compound growth rate of 18.1% in the next five years, and it is expected to increase to 1150 tons in 2023.

So in this huge market, which is the best? Today, let’s take a look at the world’s major manufacturers of hyaluronic acid products. The ranking is based on the sales volume of hyaluronic acid raw materials manufacturers in the world in 2018, and the data are from Frost&Sullivan, Bloomage Biotech prospectus, and Huachuang Securities.

NO.1 Bloomage Biotech

Company profile: Bloomage Biotech sold nearly 180 tons of hyaluronic acid raw materials in 2018, accounting for 70% of the domestic market, in an absolute leading position, with a global market share of nearly 36%.

Bloomage Biotech is a well-known biotechnology company and bioactive materials company, an entire industry chain platform company of hyaluronic acid integrating research, development, production and sales. The technology of hyaluronic acid production by microbial fermentation is in an advantageous position. Since the 1990s, the research on the production of hyaluronic acid by fermentation in China was carried out for the first time in China. Bloomage Biotech was committed to the research and development of biotechnology. It not only made in-depth exploration and innovation in the research and application of hyaluronic acid but also continuously enlarged the development of related bioactive products.

http://www.bloomagebiotech.com/index.html

NO.2 Focus Chem

Company profile: In 2018, Focus Chem accounted for about 12% of the global market share of hyaluronic acid, and its sales volume of raw material is nearly 60 tons. Located in Qufu, Shandong Province, the hometown of Confucius, the company is a high-tech enterprise specializing in the production of sodium hyaluronate. It covers an area of more than 50000 square meters, with a total investment of 140 million yuan, and it has a professional R&D and production team of sodium hyaluronate, advanced production equipment, and testing equipment. The company produces high-quality sodium hyaluronate, which is widely used in the cosmetics industry, nutrition, and health care products industry.

NO.3 Fufeng Group

Company profile: In 2018, Fufeng Group accounted for about 10% of the global market share of hyaluronic acid, and its sales volume of raw materials was nearly 50 tons. Fufeng Group Co., Ltd. is an international biological fermentation products company listed on the main board of the Stock Exchange of Hong Kong (SEHK). It is mainly engaged in the R&D, production, and operation of various amino acids and their derivatives and bio colloids. It is a famous producer of monosodium glutamate, xanthan gum and amino acids in the world.

The group has passed the certification of ISO9001 quality management system, ISO22000 food safety management system, ISO14001 environmental management system, OHSAS18001 occupational health and safety management system, GMP, Kosher, Halal, BRC, and IP. Fufeng group ranks first in the comprehensive strength of China’s fermentation industry and has been selected into the top 500 private enterprises in China. It has been awarded the honorary titles of national high-tech enterprise and national excellent leading food enterprise.

http://www.fufeng-group.com/

NO.4 Dongchen Group

Company profile: In 2018, Dongchen Group accounted for about 8% of the global market share of hyaluronic acid, and its sales volume of raw materials is nearly 40 tons. Dongchen Group Co., Ltd. was established in 1999, it was approved by Shandong Provincial Government in 2001 and became a limited company. It belongs to Eastar Holdings Group CO., Ltd. and is a high-tech enterprise in the Ministry of Science and Technology.

The company has built the second-largest neopentyl glycol production base in China, with an annual output of 15000 tons. It has also built the second-largest hyaluronic acid production base in China, with an annual production capacity of 18 tons. With the increasing maturity of the company’s market-oriented operation, the domestic market share of various products continues to increase, with neopentyl glycol reaching 39% and hyaluronic acid reaching 49%. The products have also gone abroad to the world, opening up the market of 12 countries and regions, including the United States, Japan, South Korea, Italy and so on.

No.5 Awa Biopharm

In 2018, Awa Biopharm accounted for about 7% of the global market share of hyaluronic acid, and its sales volume of raw materials was nearly 35 tons. Shandong Awa Biompharm Co., Ltd. is a high-tech enterprise integrating production, research and development and sales of hyaluronic acid. With a mature production process, stable product quality, and a professional sales team, it has become an international hyaluronic acid raw material manufacturer and supplier.

The company has advanced hyaluronic acid production technology and equipment and established a perfect quality control system, built a “GMP” standard production plants and modern analysis and testing facilities of the laboratory. Now it has an annual production scale of 100tons sodium hyaluronate for cosmetics and edible use, 10tons eye drop grade sodium hyaluronate, 3 tons injection grade sodium hyaluronate and 20tons enzyme digestion oligomer sodium hyaluronate. The products have been exported to Japan, the United States, the European Union, and other countries and regions.

NO.6 Kewpie

Company profile: In 2018, Kewpie accounted for about 7% of the global market share of hyaluronic acid, and its sales volume of raw materials is nearly 20 tons. Kewpie has been engaged in the research of hyaluronic acid for more than 30 years. He has carried out scientific tests and developed acid forms with new functions. Now, Kewpie uses hyaluronic acid with unique materials such as egg yolk lecithin and eggshell membrane in the market outside Japan and is striving to open up new markets while expanding overseas. Focusing on hyaluronic acid, Kewpie will improve our unique materials and technologies to contribute to health and healthcare worldwide.

https://www.kewpie.com/en/

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Cheryl Fu

Cheryl is adept at capturing the most topical business news and has her own unique analysis. This is rare for a young person and she's offered up some really interesting ideas since joining FirmKnow Media.
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