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Global Retinols Market Research Report - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2033)

Published Aug 13, 2025
Length 197 Pages
SKU # LOOK20514435

Description

Definition and Scope:

Retinol, also known as Vitamin A, is a fat-soluble vitamin that plays a crucial role in various biological processes within the human body. Retinol is a versatile compound with a wide range of applications in nutrition, skincare, medicine, and more.

The downstream use of vitamins - the breeding industry's use of industrial feed has become increasingly mature. In the long term, its demand for industrialized vitamins remains relatively stable. Therefore, from a price cycle perspective, the long-term price trend of vitamins is mainly affected by supply. Judging from the past 10 years, vitamin price fluctuations have basically completed a cycle. The short-term price of vitamins is mainly affected by both demand and supply, but there are certain differences in the impact of the two on vitamin prices. Stockpiles have disrupted vitamin price benchmarks, as has been seen in recent years. At present, vitamin stocks at the breeding end and channel end have returned to normal levels, and long-term low prices have exceeded the cost lines of some companies. Demand has become the only factor suppressing vitamin prices.

The global Retinols market size is projected to reach US$ 2443.94 Million by 2029 from US$ 1835.10 million in 2022 at a CAGR of 4.31% during 2023-2029. As the breeding industry develops in the direction of scale, concentration, and comprehensiveness, the utilization rate of industrial feed continues to increase, and raw materials pay more attention to specialization. Vitamins are gradually difficult to supplement raw materials from other feeds, so the demand for industrial vitamins is gradually increasing. On the other hand, the global demand for skin care products continues to grow. As public awareness of the benefits of using retinol in cosmetics continues to increase, there is a high demand for cosmetics and beauty products.

Additionally, nutritional intake to enhance production, increasing demand from the pharmaceutical industry are driving the retinol market. Processing extends artificial vitamin A into staple foods such as margarine, bread, flour, cereals and other newborn formulas. This demand is expected to drive the retinol market share. In addition to personal care and food fortification, retinol is also used in the pharmaceutical industry. Retinol-based medications are used to treat a variety of conditions, including acne, psoriasis, and certain types of cancer. As research continues to uncover new therapeutic applications for retinol, the pharmaceutical industry's demand for this compound is likely to grow.

At the same time, the characteristics of diminishing marginal returns, high costs and harmful effects, rising consumer health risks, and more intense competition in the future will hinder the retinol market.

Segment by Type, the Retinols can be split into Synthetic Retinol, Natural Retinol. Synthetic Retinol has always dominated the market. In 2022, the Synthetic Retinol segment has occupied 95.88% of the market share. First, synthetic retinol generally costs less to produce than natural retinol, making it a more cost-effective option for manufacturers. Additionally, it is more readily available, stable and consistent in potency and purity, ensuring consumers receive consistent product quality. The natural type segment is another important type and continues to grow. Natural retinol is often considered a gentler alternative to synthetic retinoids because it is generally less irritating to the skin. However, its efficacy may vary depending on the concentration of the compound, the method of extraction, the user's skin type, and its requirements.

Segment by Form, the Retinols can be split into AC Tretinoin, Retinyl Palmitate, etc. Retinyl Palmitate dominated the market with the highest revenue share of 18.60% in 2022. Retinyl palmitate is commonly used in cosmetics and skin care products, including creams, lotions and serums. It is favored for its relatively mild nature compared to more potent retinoids like tretinoin. This makes it suitable for a wider range of consumers, including those with sensitive skin. In addition, retinyl palmitate is often found in over-the-counter skin care products, making it more readily available to consumers without a prescription. This availability contributes to its widespread use and market dominance.

By application, the Retinols can be split into Feed Additives, Food Additives, Cosmetic, Medical, Others. Currently, the Food Additives segment contributes the highest revenue. Retinol, especially in the vitamin A form, is an essential nutrient for human health. Food manufacturers often fortify their products with retinol to address vitamin A deficiencies and improve the nutritional content of foods. Consumers are increasingly aware of the importance of a balanced and nutritious diet. As a result, many consumers are actively seeking foods rich in essential vitamins and nutrients, including vitamin A derived from retinol.

On basis of geography, the Retinols market is segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa, etc. Asia-Pacific dominates the market, with the highest revenue share in 2022, reaching 39.68%. At the same time, the Asia-Pacific region will also expand with a CAGR of up to 6.68%. The Asia-Pacific region has experienced significant economic growth and a growing middle class. As disposable income increases, consumers in the region have greater purchasing power and are increasingly interested in skincare, health and nutrition-related products.

According to our calculations, the CR5 and HHI of the Retinols market in 2022 were 75.80% and 16.33% respectively. This means that the market is at moderate concentration, with leading manufacturers occupying the majority of the market share. At the beginning of the 21st century, a vitamin supply pattern dominated by China and Europe was basically formed. In Europe, there are three main suppliers of vitamins: DSM, BASF and Adisseo. In recent years, only BASF has expanded vitamin A production in 2021. Throughout China, there are many vitamin companies and the market competition is full. In order to maintain corporate competitiveness, domestic vitamin companies have continued to expand production in recent years, covering vitamins A, E, D3, B family and other products. Currently, the major players in the Retinols market include BASF, DSM, Zhejiang NHU, Zhejiang Medicine, Adisseo, Divi's Laboratories Limited, Kingdomway, Evonik.

This report offers a comprehensive analysis of the global Retinols market, examining all key dimensions. It provides both a macro-level overview and micro-level market details, including market size, trends, competitive landscape, niche segments, growth drivers, and key challenges.

Report Framework and Key Highlights:

Market Dynamics: Identification of major market drivers, restraints, opportunities, and challenges.

Trend Analysis: Examination of ongoing and emerging trends impacting the market.

Competitive Landscape: Detailed profiles and market positioning of major players, including market share, operational status, product offerings, and strategic developments.

Strategic Analysis Tools: SWOT Analysis, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis

Market Segmentation: By type, application, region, and end-user industry.

Forecasting and Growth Projections: In-depth revenue forecasts and CAGR analysis through 2033.

This report equips readers with critical insights to navigate competitive dynamics and develop effective strategies. Whether assessing a new market entry or refining existing strategies, the report serves as a valuable tool for:

Industry players

Investors

Researchers

Consultants

Business strategists

And all stakeholders with an interest or investment in the Retinols market.

Global Retinols Market: Segmentation Analysis and Strategic Insights

This section of the report provides an in-depth segmentation analysis of the global Retinols market. The market is segmented based on region (country), manufacturer, product type, and application. Segmentation enables a more precise understanding of market dynamics and facilitates targeted strategies across product development, marketing, and sales.

By breaking the market into meaningful subsets, stakeholders can better tailor their offerings to the specific needs of each segment—enhancing competitiveness and improving return on investment.

Global Retinols Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Companies Profiled

BASF

DSM

Zhejiang NHU

Zhejiang Medicine

Adisseo

Divi's Laboratories Limited

Kingdomway

Evonik

Market Segmentation by Type

Synthetic Retinol

Natural Retinol

Market Segmentation by Application

AC Tretinoin

Retinyl Palmitate

Others

Geographic Segmentation

North America: United States, Canada, Mexico

Europe: Germany, France, Italy, U.K., Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium, Russia.

Asia-Pacific: China, Japan, South Korea, India, Australia, Indonesia, Malaysia, Philippines, Singapore, Thailand

South America: Brazil, Argentina, Colombia.

Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates, Egypt, Nigeria, South Africa, Rest of MEA

Report Framework and Chapter Summary

Chapter 1: Report Scope and Market Definition

This chapter outlines the statistical boundaries and scope of the report. It defines the segmentation standards used throughout the study, including criteria for dividing the market by region, product type, application, and other relevant dimensions. It establishes the foundational definitions and classifications that guide the rest of the analysis.

Chapter 2: Executive Summary

This chapter presents a concise summary of the market’s current status and future outlook across different segments—by geography, product type, and application. It includes key metrics such as market size, growth trends, and development potential for each segment. The chapter offers a high-level overview of the Retinols Market, highlighting its evolution over the short, medium, and long term.

Chapter 3: Market Dynamics and Policy Environment

This chapter explores the latest developments in the market, identifying key growth drivers, restraints, challenges, and risks faced by industry participants. It also includes an analysis of the policy and regulatory landscape affecting the market, providing insight into how external factors may shape future performance.

Chapter 4: Competitive Landscape

This chapter provides a detailed assessment of the market's competitive environment. It covers market share, production capacity, output, pricing trends, and strategic developments such as mergers, acquisitions, and expansion plans of leading players. This analysis offers a comprehensive view of the positioning and performance of top competitors.

Chapters 5–10: Regional Market Analysis

These chapters offer in-depth, quantitative evaluations of market size and growth potential across major regions and countries. Each chapter assesses regional consumption patterns, market dynamics, development prospects, and available capacity. The analysis helps readers understand geographical differences and opportunities in global markets.

Chapter 11: Market Segmentation by Product Type

This chapter examines the market based on product type, analyzing the size, growth trends, and potential of each segment. It helps stakeholders identify underexplored or high-potential product categories—often referred to as “blue ocean” opportunities.

Chapter 12: Market Segmentation by Application

This chapter analyzes the market based on application fields, providing insights into the scale and future development of each application segment. It supports readers in identifying high-growth areas across downstream markets.

Chapter 13: Company Profiles

This chapter presents comprehensive profiles of leading companies operating in the market. For each company, it details sales revenue, volume, pricing, gross profit margin, market share, product offerings, and recent strategic developments. This section offers valuable insight into corporate performance and strategy.

Chapter 14: Industry Chain and Value Chain Analysis

This chapter explores the full industry chain, from upstream raw material suppliers to downstream application sectors. It includes a value chain analysis that highlights the interconnections and dependencies across various parts of the ecosystem.

Chapter 15: Key Findings and Conclusions

The final chapter summarizes the main takeaways from the report, presenting the core conclusions, strategic recommendations, and implications for stakeholders. It encapsulates the insights drawn from all previous chapters.

Table of Contents

197 Pages
1 Introduction to Research & Analysis Reports
1.1 Retinols Market Definition
1.2 Retinols Market Segments
1.2.1 Segment by Type
1.2.2 Segment by Application
2 Executive Summary
2.1 Global Retinols Market Size
2.2 Market Segmentation – by Type
2.3 Market Segmentation – by Application
2.4 Market Segmentation – by Geography
3 Key Market Trends, Opportunity, Drivers and Restraints
3.1 Key Takeway
3.2 Market Opportunities & Trends
3.3 Market Drivers
3.4 Market Restraints
3.5 Market Major Factor Assessment
4 Global Retinols Market Competitive Landscape
4.1 Global Retinols Sales by Manufacturers (2020-2025)
4.2 Global Retinols Revenue Market Share by Manufacturers (2020-2025)
4.3 Retinols Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.4 New Entrant and Capacity Expansion Plans
4.5 Mergers & Acquisitions
5 Global Retinols Market by Region
5.1 Global Retinols Market Size by Region
5.1.1 Global Retinols Market Size by Region
5.1.2 Global Retinols Market Size Market Share by Region
5.2 Global Retinols Sales by Region
5.2.1 Global Retinols Sales by Region
5.2.2 Global Retinols Sales Market Share by Region
6 North America Market Overview
6.1 North America Retinols Market Size by Country
6.1.1 USA Market Overview
6.1.2 Canada Market Overview
6.1.3 Mexico Market Overview
6.2 North America Retinols Market Size by Type
6.3 North America Retinols Market Size by Application
6.4 Top Players in North America Retinols Market
7 Europe Market Overview
7.1 Europe Retinols Market Size by Country
7.1.1 Germany Market Overview
7.1.2 France Market Overview
7.1.3 U.K. Market Overview
7.1.4 Italy Market Overview
7.1.5 Spain Market Overview
7.1.6 Sweden Market Overview
7.1.7 Denmark Market Overview
7.1.8 Netherlands Market Overview
7.1.9 Switzerland Market Overview
7.1.10 Belgium Market Overview
7.1.11 Russia Market Overview
7.2 Europe Retinols Market Size by Type
7.3 Europe Retinols Market Size by Application
7.4 Top Players in Europe Retinols Market
8 Asia-Pacific Market Overview
8.1 Asia-Pacific Retinols Market Size by Country
8.1.1 China Market Overview
8.1.2 Japan Market Overview
8.1.3 South Korea Market Overview
8.1.4 India Market Overview
8.1.5 Australia Market Overview
8.1.6 Indonesia Market Overview
8.1.7 Malaysia Market Overview
8.1.8 Philippines Market Overview
8.1.9 Singapore Market Overview
8.1.10 Thailand Market Overview
8.1.11 Rest of APAC Market Overview
8.2 Asia-Pacific Retinols Market Size by Type
8.3 Asia-Pacific Retinols Market Size by Application
8.4 Top Players in Asia-Pacific Retinols Market
9 South America Market Overview
9.1 South America Retinols Market Size by Country
9.1.1 Brazil Market Overview
9.1.2 Argentina Market Overview
9.1.3 Columbia Market Overview
9.2 South America Retinols Market Size by Type
9.3 South America Retinols Market Size by Application
9.4 Top Players in South America Retinols Market
10 Middle East and Africa Market Overview
10.1 Middle East and Africa Retinols Market Size by Country
10.1.1 Saudi Arabia Market Overview
10.1.2 UAE Market Overview
10.1.3 Egypt Market Overview
10.1.4 Nigeria Market Overview
10.1.5 South Africa Market Overview
10.2 Middle East and Africa Retinols Market Size by Type
10.3 Middle East and Africa Retinols Market Size by Application
10.4 Top Players in Middle East and Africa Retinols Market
11 Retinols Market Segmentation by Type
11.1 Evaluation Matrix of Segment Market Development Potential (Type)
11.2 Global Retinols Sales Market Share by Type (2020-2033)
11.3 Global Retinols Market Size Market Share by Type (2020-2033)
11.4 Global Retinols Price by Type (2020-2033)
12 Retinols Market Segmentation by Application
12.1 Evaluation Matrix of Segment Market Development Potential (Application)
12.2 Global Retinols Market Sales by Application (2020-2033)
12.3 Global Retinols Market Size (M USD) by Application (2020-2033)
12.4 Global Retinols Sales Growth Rate by Application (2020-2033)
13 Company Profiles
13.1 BASF
13.1.1 BASF Company Overview
13.1.2 BASF Business Overview
13.1.3 BASF Retinols Major Product Offerings
13.1.4 BASF Retinols Sales and Revenue fromRetinols (2020-2025)
13.1.5 Key News
13.2 DSM
13.2.1 DSM Company Overview
13.2.2 DSM Business Overview
13.2.3 DSM Retinols Major Product Offerings
13.2.4 DSM Retinols Sales and Revenue fromRetinols (2020-2025)
13.2.5 Key News
13.3 Zhejiang NHU
13.3.1 Zhejiang NHU Company Overview
13.3.2 Zhejiang NHU Business Overview
13.3.3 Zhejiang NHU Retinols Major Product Offerings
13.3.4 Zhejiang NHU Retinols Sales and Revenue fromRetinols (2020-2025)
13.3.5 Key News
13.4 Zhejiang Medicine
13.4.1 Zhejiang Medicine Company Overview
13.4.2 Zhejiang Medicine Business Overview
13.4.3 Zhejiang Medicine Retinols Major Product Offerings
13.4.4 Zhejiang Medicine Retinols Sales and Revenue fromRetinols (2020-2025)
13.4.5 Key News
13.5 Adisseo
13.5.1 Adisseo Company Overview
13.5.2 Adisseo Business Overview
13.5.3 Adisseo Retinols Major Product Offerings
13.5.4 Adisseo Retinols Sales and Revenue fromRetinols (2020-2025)
13.5.5 Key News
13.6 Divi's Laboratories Limited
13.6.1 Divi's Laboratories Limited Company Overview
13.6.2 Divi's Laboratories Limited Business Overview
13.6.3 Divi's Laboratories Limited Retinols Major Product Offerings
13.6.4 Divi's Laboratories Limited Retinols Sales and Revenue fromRetinols (2020-2025)
13.6.5 Key News
13.7 Kingdomway
13.7.1 Kingdomway Company Overview
13.7.2 Kingdomway Business Overview
13.7.3 Kingdomway Retinols Major Product Offerings
13.7.4 Kingdomway Retinols Sales and Revenue fromRetinols (2020-2025)
13.7.5 Key News
13.8 Evonik
13.8.1 Evonik Company Overview
13.8.2 Evonik Business Overview
13.8.3 Evonik Retinols Major Product Offerings
13.8.4 Evonik Retinols Sales and Revenue fromRetinols (2020-2025)
13.8.5 Key News
14 Key Market Trends, Opportunity, Drivers and Restraints
14.1 Key Takeway
14.2 Market Opportunities & Trends
14.3 Market Drivers
14.4 Market Restraints
14.5 Market Major Factor Assessment
14.6 Porter's Five Forces Analysis of Retinols Market
14.7 PEST Analysis of Retinols Market
15 Analysis of the Retinols Industry Chain
15.1 Overview of the Industry Chain
15.2 Upstream Segment Analysis
15.3 Midstream Segment Analysis
15.3.1 Manufacturing, Processing or Conversion Process Analysis
15.3.2 Key Technology Analysis
15.4 Downstream Segment Analysis
15.4.1 Downstream Customer List and Contact Details
15.4.2 Customer Concerns or Preference Analysis
16 Conclusion
17 Appendix
17.1 Methodology
17.2 Research Process and Data Source
17.3 Disclaimer
17.4 Note
17.5 Examples of Clients
17.6 Disclaimer
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