Benzoyl Peroxide Market - Forecast (2021 - 2026)
According to American Academy of Dermatology (AAD), 50 million Americans suffer from acne annually, and almost 85% of people between the age of 12 and 24 from the global population experience at least minute acne once in life[1]. Benzoyl peroxide reduces the bacteria that cause acne when applied on the skin which happens to be the reason it is used as a prescribed paste for the same. The growing number of people suffering from acne owing to the discernible rise in population is creating a myriad of opportunities in the benzoyl peroxide market. In terms of volume, the global benzoyl peroxide market size was around 12.6 KT in 2018, and the demand for the same is estimated to grow with a compound annual growth rate (CAGR) of around 3.54% during the forecast period of 2019 to 2025. Request Sample Owing to genetic reasons, sensitive skin, and other aspects that attribute to the stressful life that people lead and increasing obesity rates in North America, the region bears the maximum num...