Superoxide dismutase (SODs) are a key antioxidant defence in the body against oxidative stress. The enzyme is an effective treatment for diseases caused by reactive oxygen species. Because of its capacity to minimize free radical damage to the skin and hence prevent wrinkles, fine lines, and age spots, SOD is utilised as an anti-aging agent and antioxidant. SOD can be generated commercially from marine phytoplankton, bovine liver, horseradish, cantaloupe, and certain microorganisms. Superoxide dismutase was isolated from bovine heart using a method developed for isolating this enzyme from bovine erythrocytes. Furthermore, the increasing use of superoxide dismutase, as well as the promise of SOD enzyme innovation, is estimated to bring new opportunities for industry participants in the SOD for cosmetics market in the near future. Some market participants, such as Merck KGaA, developed products accordingly, such as Native superoxide dismutase from bovine erythrocytes. It is an important part of biological defence against the harmful effects of oxygen.
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Increased awareness about the benefits of superoxide dismutase and increased R&D of revolutionary cosmetics product development showcases positive growth prospects for the global SOD for cosmetics market over the period of next eight years. In terms of revenue, SOD for cosmetics market was valued at US$ 6.75 Mn in 2020 growing at a CAGR of 7% over the forecast period (2021 – 2029). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.
Mn-SOD Segment is expected to be the Fastest Growing Segment over the Forecast Period
According to Absolute Markets Insights report, Mn-SOD segment is expected to be the fastest growing segment over the forecast period due to increasing R&D activities for the development of novel products in the pharmaceutical and personal care sectors. Some of the SOD for cosmetics market’s major participants offer SOD for cosmetics products in order to gain a significant market share. For instance, Creative Enzymes leverages its expertise in enzyme manufacturing to provide customers with enzymes used in life science research and the production of medications, food, alcohol, beer, fruit juice, and other products. The company developed Mn-SOD, Recombinant with high purity for cosmetic and other applications.
Soy SOD to Witness Fastest Growth Rate over the Forecast Period
According to AMI, soy SOD segment is expected to register highest growth rate over the forecast period. Increasing adoption of natural-based products is likely to fuel market expansion in the soy SOD segment. SOD for cosmetics market participants are increasingly focusing on offering soy based products to the end users and capture major market share. For instance, DSM developed REGU-AGE PF, which is a natural bioactive skincare ingredient that preserves the sensitive skin around the eyes while visibly reducing the appearance of dark circles and eye puffiness. This ingredient is a highly purified combination of natural soy, rice peptides, and biotechnologically made superoxide dismutase.
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Online Distribution Channel to Surge in the Global SOD for Cosmetics Market over the Forecast Period
According to Absolute Market Insights report, online distribution channel is expected to be the fastest growing segment over the forecast period. Increasing penetration of internet and increasing trends of online purchasing is expected to drive the market growth. The online distribution channel is very efficient, with fewer entry barriers, quicker communication, increased customer service, and much more. The cosmetic product manufacturers use SOD in several products including face oil, serum, cleanser, toner, eye cream, spot treatment, mist/spray, sunscreen, supplements, and others. These companies also rely on online and offline distributors to provide their products to customers, especially hospitals and clinics, specialty retail store, and others.
Asia Pacific Region to Remain Dominant over the Forecast Period
AMI reports that Asia Pacific region accounted for the highest share in the global SOD for cosmetics market in 2020 and is expected to be the fastest growing region over the forecast period. Presence of major developing economies in this region including China, India, Japan and South Korea is expected to drive the market growth. Furthermore, growing pharmaceutical sector is a major reason for the greater share of Asia Pacific in the global SOD for cosmetics market.
Some of the players operating in the SOD for cosmetics market are Creative Enzymes, Silab, Polymun Scientific Immunbiologische Forschung GmbH, Lonza, DSM, Puripharm Co., Ltd, and Enomark, amongst other market participants.
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Global SOD for Cosmetics Market:
- By Type
- Cu/Zn SOD
- Mn-SOD
- Fe-SOD
- By Product Type
- Porcine SOD
- Bovine SOD
- E. Coli SOD
- Rosa roxburghii SOD
- Bacillus stearotheromophilus SOD
- Soy SOD
- Bacterial SOD from marine sources
- The recombinant SOD from yeast
- Human recombinant SOD
- SOD extract (extramel) from cantaloupe melon
- Others
- By Distribution Channel
- Online
- Offline
- By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- North America
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