DUBLIN--(BUSINESS WIRE )--The "Hyaluronic Acid Market by End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.

The hyaluronic acid market was valued at $1.0 billion in 2020, and is projected to reach $2.1 billion by 2030, growing at a CAGR of 8.1% from 2021 to 2030.

Hyaluronic acid is a chemical that is present in the joints, eyes, and skin. Its basic role is to hold water in the tissue cells, keeping the eyes moist and the knees lubricated. In addition, hyaluronic acid has several commercial and medical application. It is used in dietary supplements, face creams, serums, eye drops, and injections.

The rise in chronic diseases and the rise in the healthcare services are projected to drive the growth of the hyaluronic acid market during the forecast period.

Furthermore, increased understanding about beauty and health are two elements that are moving the hyaluronic acid market forward. However, adverse effects associated with treatment or therapy such as redness and itching, as well as an increase in the price of hyaluronic acid products, is expected to hamper the hyaluronic acid market's growth during the forecast period.

For more information about this report visit https://www.researchandmarkets.com/r/jp0d6c

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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900