- In March 2024, Keraplast Technologies, a leading name in the keratin market, has announced plans to expand its operations into new regions, specifically targeting Europe and the Asia-Pacific. This strategic initiative aims to enhance the company's market presence and leverage the increasing global demand for keratin-based products. By entering these dynamic markets, Keraplast seeks to capitalize on opportunities for growth and cater to evolving consumer preferences
- In April 2024, Unilever, a major player in the keratin industry, has recently unveiled a new line of hair care products featuring keratin as a key ingredient. This launch is part of Unilever's strategy to diversify its product offerings and respond to the rising consumer demand for effective, natural hair care solutions. By introducing keratin-infused products, the company aims to enhance hair health and attract a broader customer base
- In 2021, Coty Inc. announced a groundbreaking partnership with LanzaTech aimed at producing sustainable ethanol from carbon waste. This innovative approach will be utilized in Coty’s personal care products, including keratin-based hair care lines. The collaboration reflects Coty’s commitment to sustainability and the development of eco-friendly ingredients, aligning with the growing consumer demand for environmentally responsible products while promoting sustainable practices in the beauty industry
- In 2020, Esperer Bioresearch Private Limited launched its flagship product, "Hairfit," a revolutionary keratin-based hair care solution. Designed to combat hair fall and promote hair growth, Hairfit aims to enhance hair quality and vitality. This innovative product underscores Esperer’s commitment to delivering effective, science-backed hair care solutions that meet the needs of consumers seeking natural and efficacious remedies for their hair concerns
- In 2020, L'Oreal S.A. made headlines with its acquisition of Thayers Natural Remedies, a U.S.-based company renowned for its natural skincare and hair care products. This strategic move aims to strengthen L'Oreal’s portfolio of organic offerings, particularly in keratin-based hair care products. By integrating Thayers into its operations, L'Oreal seeks to expand its reach in the growing market for natural beauty solutions, appealing to health-conscious consumers
- In 2020, Keraplast Technologies LLC introduced "KeraStat Gel," a keratin-based wound healing product, to the European market. This innovative gel is formulated to enhance the healing of chronic wounds and improve overall patient outcomes. The launch of KeraStat Gel reflects Keraplast's dedication to advancing medical solutions through keratin technology, providing healthcare professionals with effective tools to manage challenging wound care scenarios in clinical settings
Frequently Asked Questions
The market is segmented based on Segmentation, By Type (Alpha-keratin, Beta-keratin, Hydrolyzed Keratin, Keratin Amino Acid, and Bio Peptide Keratin), Form (Powder, Liquid, and Tablet), Product Type (Natural and Synthetic), Application (Hair Care Products, Cosmetics and Personal Care Products, Pharmaceutical Products, Industrial and Automotive Applications), Source (Animal-based Keratin, Plant-based Keratin, and Lab-grown Keratin), End-User (Professional Salons, Home Use, Industrial, and Pharmaceutical) – Industry Trends and Forecast to 2031
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The Global Keratin Market size was valued at USD 1.28 USD Billion in 2023.
The Global Keratin Market is projected to grow at a CAGR of 7.3% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
