Mandelic Acid Market Size & Share 2021 to 2027
Market Size by Type (DL Mandelic Acid, L Mandelic Acid, D Mandelic Acid), by Application (Pharmaceutical {API Synthesis, Preservatives}, Personal Care & Cosmetics, Others) & Forecast.
Report ID: GMI712
|
Published Date: May 2021
|
Report Format: PDF
Download Free PDF
Authors:
Kiran Pulidindi, Kunal Ahuja
Mandelic Acid Market Size
Global Mandelic Acid Market size exceeded USD 195 million in 2020 and is estimated to grow at a CAGR of 13.5% between 2021 and 2027. Rising product demand from pharmaceutical industry for drug synthesis and increasing product application in various industries to drive the industry growth during the forecast period.
The product is an alpha hydroxyl acid which is derived from bitter almonds and is widely used as precursor to various pharmaceutical drugs. The compound is water soluble and has larger molecular weight that sits on the skin surface and enhances its application as skin exfoliator without skin irritation. The product includes ingredients that solve specific skin issues thereby improving overall skin texture and appearance.
The product has wide demand from cosmetic industry owing to its ability to treat skin problems such as acne and hyperpigmentation which should drive the mandelic acid market share. Moreover, the product is used as essential raw material in dye and pigment manufacturing which drives its application in textile industry. Furthermore, it is used in production of fine chemicals which has application in various industries including electronic industry during manufacturing process.
Mandelic Acid Market Analysis
DL mandelic acid surpassed USD 90 million in 2020 and should witness significant gains in the projected period. DL mandelic acid is used in cosmetic products as preservative owing to its antibacterial property which enhances the shelf life of the product. the product is used in personal care products as preservative to prevent it from bacterial damage.
Furthermore, DL product type offers benefits of skin exfoliation which enhances its application in cosmetic industry. The product is used in chemical face peels and stimulates growth of new cells which should boost product demand for cosmetic manufacturing. Increasing consumer inclination towards wellness, hygiene and external beauty is anticipated to boost product demand in turn mandelic acid market growth.
Pharmaceutical application should surpass USD 255 million by 2027. The product is used in pharmaceutical industry as precursor during drug synthesis process. The product is also used in synthesis of active pharmaceutical ingredient used to supress cough and used in eye drops for pupil dilate which should boost the mandelic acid market.
Also, the product is used in production of urotropine mandelic acid which is used in treatment of urinary tract infection should stimulate product demand from pharmaceutical industry. Increasing drug sales and growing pharmaceutical industry is anticipated to the accelerating the mandelic acid market growth.
North America should witness gains over USD 125 million by the end of 2027 owing to the growing pharmaceutical industry in the region. The product is used in synthesis of various active pharmaceutical ingredients including anti-inflammatory and antibacterial drugs. Rising advancements in active pharmaceutical drug manufacturing along with extensive investments in pharmaceutical industry is expected to be strengthening the mandelic acid market growth.
Mandelic Acid Market Share
Mandelic acid industry is competitive and includes various market players such as
Companies are engaged in strategic merger and acquisitions to expand distribution network and production capacity.
Global mandelic acid market report includes in-depth coverage of the industry with estimates & forecast in terms of volume (Tons) and revenue in USD million from 2016 to 2027 for the following segments:
Click here to Buy Section of this Report
By Type
By Application
The above information has been provided for the following regions:
By Region
Research methodology, data sources & validation process
This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.
Our 6-step research process
1. Research design & analyst oversight
At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.
Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.
2. Primary research
Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.
3. Data mining & market analysis
Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.
4. Market sizing
Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.
5. Forecast model & key assumptions
Every forecast includes explicit documentation of:
✓ Key growth drivers and their assumed impact
✓ Restraining factors and mitigation scenarios
✓ Regulatory assumptions and policy change risk
✓ Technology adoption curve parameter
✓ Macroeconomic assumptions (GDP growth, inflation, currency)
✓ Competitive dynamics and market entry/exit expectations
6. Validation & quality assurance
The final stages involve human validation, where domain experts manually review filtered data to identify nuances and contextual errors that automated systems might miss. This expert review adds a critical layer of quality assurance, ensuring data aligns with research objectives and domain-specific standards.
Our triple-layer validation process ensures maximum data reliability:
✓ Statistical Validation
✓ Expert Validation
✓ Market Reality Check
Trust & credibility
Verified data sources
Trade publications
Security & defense sector journals and trade press
Industry databases
Proprietary and third-party market databases
Regulatory filings
Government procurement records and policy documents
Academic research
University studies and specialist institution reports
Company reports
Annual reports, investor presentations, and filings
Expert interviews
C-suite, procurement leads, and technical specialists
GMI archive
13,000+ published studies across 30+ industry verticals
Trade data
Import/export volumes, HS codes, and customs records
Parameters studied & evaluated
Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →