Europe Allantoin Market Outlook

the europe allantoin market is expected to experience significant growth in the coming years, driven by a number of factors. rising demand from the medical and personal care products industry, as well as food supplements industry, is likely to be a major driver of the market. allantoin has a number of applications that makes it an attractive ingredient for cosmetic, medical and food applications. allantoin is a natural compound found in mammal urine and is used cosmetically for its anti-irritating, soothing, and skin protecting properties. its usage in the personal care and cosmetic industry has been increasing, driven by rising awareness regarding the benefits of natural ingredients and growing demand for eco-friendly products. additionally, allantoin is used as an active ingredient in over-the-counter drugs and food supplements. in terms of production, europe accounted for the second largest global allantoin manufacturing market in 2017, after the us. germany and the netherlands had the largest allantoin production capacities in europe in 2017, owing to a large number of local manufacturers. domestic production is an important factor expected to drive the regional market in the coming years. rising demand from the asia-pacific region is likely to contribute significantly to the growth of the europe allantoin market in the coming years. the asia-pacific region is expected to become a major importer of allantoin in the near future, as the region increasingly shifts towards natural and organically sourced personal care and cosmetics products. moreover, favorable regulations and the emergence of advanced extraction techniques are expected to drive the growth of the europe allantoin market in the forecast period. manufacturers of allantoin are investing heavily in research and development activities for effective extraction, which is likely to further boost the growth of the market. overall, the europe allantoin market is poised to experience substantial growth over the 2018-2032 period, driven by rising demand from personal care and medical industries and increasing imports of the ingredient from the asia-pacific region.