Azelaic acid is an organic compound that is commonly used as an active pharmaceutical ingredient (API) in various pharmaceutical and cosmetic products. It is a dicarboxylic acid that occurs naturally in wheat, rye and barley. Azelaic acid exhibits strong antibacterial and antioxidant properties which make it suitable for treating various skin conditions such as rosacea, acne and hyperpigmentation. It reduces inflammation and production of melanin in skin to provide anti-aging benefits. Growing prevalence of skin disorders coupled with rising awareness about herbal-based cosmetic products is fueling the demand for azelaic acid across the globe.

The global azelaic acid market is estimated to be valued at US$ 118.9 million in 2024 and is expected to exhibit a CAGR of 7.7% over the forecast period 2024 to 2031.

Key Takeaways
Key players operating in the azelaic acid market are Emery Oleochemicals, Matrica S.p.A , BASF SE, Croda Sipo, Ninghai Zhonglong Chemical, and Hubei Aoksun Biological.

Azelaic Acid Market Demand on skincare and personal care products along with expanding e-commerce industry presents lucrative opportunities for players in the azelaic acid market.

Increasing R&D investments by major players to develop new applications of azelaic acid along with expansion in Latin America and Asia Pacific region will propel the global demand over the coming years.

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