Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Allantoin Market size is poised to grow from USD 3.8 billion in 2024 to USD 12.36 billion by 2037, reflecting a CAGR of more than 9.5% during the forecast period, from 2025 to 2037. Currently in 2025, the industry revenue of allantoin is estimated at USD 4.05 billion.
The increasing consciousness about maintaining skin health, particularly in urban areas, has led to a surge in this sector for allantoin’s proven regenerating properties. In addition, this has increased the usage of this component in cosmetic products due to offering skin-healing and hydrating formulations. Thus, the cosmetic industry is heavily investing in this market. For instance, in July 2023, Baylis & Harding launched a new line of plant-based hand cleansers and moisturizers, Kindness+ at Target. The company highlighted the infusion of naturally derived formulas such as hyaluronic acid, allantoin, and provitamin B5 in these products, offering hydrating and conditioning to the skin. This is evidence that the component has become a sought-after ingredient in the dermatology and skincare industry.
Allantoin Sector: Growth Drivers and Challenges
Growth Drivers
- Heavy usage to produce sustainable products: The shifting preference of consumers toward choosing eco-friendly and organic products has forced companies to invest in the allantoin market. Many cosmetic manufacturing houses are recreating their formulations to cope with the changing requirements, increasing the demand for such materials. For instance, in June 2020, Unilever announced its evolution plan for its skincare portfolio to implement sustainable practices in its production. The company mentioned its move from harmful chemicals like mercury and bleach to a progressive formulation of vitamins like B6, C & E, and allantoin.
- Diverse applications in pharmaceuticals: Excellent healing properties of the component have made the pharmaceutical industry a significant consumer in the allantoin market. The material is used in producing a variety of creams and ointments for treating burns, cuts, and scars. The industry is further witnessing developments, discovering new application methods for better outcomes. For instance, in April 2023, the NLM conducted a study to characterize the effectiveness of allantoin-enriched pectin hydrogel in wound-healing treatment. It showcased the results with a faster recovery process by continuing to cover the wound with the product even after the presence of the natural scab.
Challenges
- Uncertainty in availability and sourcing: Fluctuating availability of raw materials such as urea and comfrey can become a hurdle for manufacturers to retain their supply chain in the allantoin market. The volatility is often caused by several factors including agricultural, environmental, and economic issues, leading to disruptions and cost increases in production. This may further make it difficult for producers to overcome budget alterations and competition in pricing.
- Strict regulatory framework: Generating revenue from the allantoin market is highly dependent on continuous investments through the cosmetics and pharmaceutical industry. On the other hand, the stringent regulations in getting approval for new product launches can result in delays and additional expenses. This can further prevent the companies from these sectors from investing or adopting the material. Governing bodies including the FDA or other regional agencies can hinder the progress in this sector.
Allantoin Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
9.5% |
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Base Year Market Size (2024) |
USD 3.8 billion |
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Forecast Year Market Size (2037) |
USD 12.36 billion |
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Regional Scope |
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Allantoin Segmentation
Application (Personal Care Products, Cosmetics, Pharmaceuticals, Food and Beverages, Industrial)
Based on application, the personal care products segment is projected to hold allantoin market share of more than 51.3% by 2037, due to the increasing demand for organic and bio-based products. Many manufacturing companies in this segment are now showing interest in investing more by introducing new pipelines of sustainable personal usable. For instance, in July 2022, Avya Skincare their new Hydroveda collection of skincare essentials. The new line of products such as Sheer Tinted Moisturizer SPF 40 and Daily Milk Cleanser is enriched with natural ingredients including allantoin to maintain hydrated and radiant.
Source (Comfrey Root, Urea, Synthetic)
In terms of sources, the comfrey roots segment in the allantoin market is expected to hold a significant share during the forecast period, 2025-2037. The widespread trend of using eco-friendly products has pushed the cosmetics and pharmaceutical industry to seek natural resources for such crucial materials. The high concentration of the material in comfrey plants has made this segment one of the leading sources of extraction. In addition, continuous evolution in the production method of allantoin from these roots has elevated the quantitative and qualitative properties of the material. This further makes such bio-based and non-toxic sources preferable to manufacturers and consumers.
Our in-depth analysis of the global market includes the following segments:
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Application |
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Source |
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Purity |
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Form |
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Grade |
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Customize this ReportAllantoin Industry - Regional Synopsis
North America Market Analysis
North America allantoin market is projected to hold revenue share of over 33.9% by the end of 2037, due to the expanding regional cosmetics and personal care industry. Similarly, the growing trend of maintaining natural beauty has propelled the demand for organic products and toiletries. According to the Research Nester report, the share of this region in the herbal cosmetics sector is expected to hold the highest share of 30% by the end of 2037. The report further states, that 59% of the consumers in America prefer to pay 36-42% more for clean cosmetic items, as per the 2022 consumer survey. This subsequently implies the heavy usage of such bio-based materials including allantoin.
The U.S. is home to many leading cosmetic leaders, which creates its own consumer base for the allantoin market. The presence of such availability of high-end beauty and personal care products also raises concern about the health impact of using these items. According to a report published by the U.S. Government of Accountability Office, in December 2023, the cosmetics industry reached around USD 43 billion by 2021. The report further expressed the potential risks of harmful substance usage in these formulations. This is further growing awareness among the producers to use sustainable ingredients, propelling the demand for allantoin.
Canada is one of the major contributors to the growth of the regional allantoin market due to the strict prohibition on the use of several cosmetic substances. For instance, in October 2024, the government of Canada released regulatory information for cosmetics, mandating the safety and compliance of the products sold across the country. The notice further informed companies to follow the Food and Drugs Act and the Cosmetic Regulations. This has further pushed beauty companies to transform their formulations by switching to natural ingredients such as allantoin for product manufacturing.
APAC Market Statistics
Asia Pacific is one of the fastest-growing regions in the allantoin market due to the changing consumer preference for sustainable products and growing cosmetics industry. Research-prone leaders such as Australia, India, and China are seeking alternatives to replace harmful substances from the cosmetics and pharmaceutical industry. The supportive governments in many countries are proactively promoting the usage of such bio-based products by implementing strict regulatory framework. For instance, in September 2023, the International Trade Administration published a report on the cosmetic regulations of Australia. It states that the market of the country reached USD 3.5 billion in 2023, which goes under the surveillance of the Australian Industrial Chemicals Introduction Scheme to ensure consumer safety.
India is garnering great investment opportunities for global and domestic leaders to participate in the allantoin market. The enlarged pharmaceutical industry of the country is one of the major growth drivers in this sector. According to the report published by Invest India, in 2024, the country secured USD 49.2 billion value in pharmaceuticals in the same year, exporting medicines to over 200 countries. This showcases the potential of the country to generate profitable revenue from this sector.
China, having a large manufacturing network, creates a good scope of investment for the leaders in the allantoin market. The growing cosmetics and toiletries industry of the country is garnering potential for integrating sustainable practices into its domestic landscape. According to the report published by the International Trade Administration, in April 2023, sales of beauty and personal care products in China reached around USD 88 billion in 2021. The allantoin market showed a growth rate of 10% compared to the previous year.
Companies Dominating the Allantoin Landscape
- Wuhan Biochemicals
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Symrise
- Ashland Inc.
- Allantoin Chemical
- BASF
- Jiangsu Yinfan Chemical
- Chemoxy International Chemical
- Lonza Group
- Merck KGaA
- Evonik
- Ashland
- Chengdu Zidao Chemical
- Xi'an Focera Biochemical
- Shaanxi Hailuo Chemical
- Shandong Lawsun
The investments in the allantoin market are increasing due to the ongoing innovations in this sector. Many companies are now focusing on introducing new forms of clean products for various sectors. They are incorporating green ingredients such as allantoin for toiletries, outstretching the product reach. For instance, in November 2020, Haeckels launched a waterless body cleanser in a bid to bring sustainability to the personal care industry. The shower gel, 60%H2O Ocean Cleanse Concentrate+Allantoin comes in the shape of a pill, making it more convenient to use and carry. These ways of adopting allantoin in manufacturing and distributing products are further inspiring global leaders to focus more on this sector. Such key players include:
In the News
- In July 2024, Bubble Skincare expanded its cleanser portfolio with its Soft Launch Hydrating Cream Cleanser. The new formulation contains moisturizing components such as allantoin, ceramides, and avocado oil to soothe, soften, and replenish dry skin without leaving it stripped, sensitive, tight, or dry.
- In August 2023, Paradigm Therapeutics acquired worldwide rights to SD-101 cream from Amicus Therapeutics for treatment of all subtypes of epidermolysis bullosa (EB). The acquisition aims to accelerate further development of the FDA-approved therapeutic drug, containing 6% allantoin for wound healing.
Author Credits: Rajrani Baghel
- Report ID: 6813
- Published Date: Mar 19, 2025
- Report Format: PDF, PPT
