India Mandelic Acid Market (2025-2031) | Forecast, Analysis, Growth, Competitive Landscape, Trends, Share, Outlook, Companies, Industry, Value, Segmentation, Size & Revenue

Market Forecast By Type (DL Mandelic Acid, L Mandelic Acid, D Mandelic Acid), By Application (Pharmaceutical, Personal Care, Cosmetics), By End User Industry (Chemical, Petrochemical, Cosmetics, Food and Beverages, Healthcare) And Competitive Landscape
Product Code: ETC7547220 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Deep No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Mandelic Acid Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s mandelic acid import market in 2024 continued to be dominated by top exporting countries such as China, Austria, Italy, Metropolitan France, and Spain. The industry displayed a very high level of market concentration, as indicated by the Herfindahl-Hirschman Index (HHI). Despite a negative compound annual growth rate (CAGR) of -6.57% from 2020 to 2024, the growth rate in 2024 saw a steeper decline of -14.97%. This data suggests a challenging landscape for mandelic acid imports in India, highlighting the need for strategic market insights and adaptation to changing dynamics.

India Mandelic Acid Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India Mandelic Acid Market Overview

The India Mandelic Acid market is witnessing significant growth driven by its rising popularity in skincare products due to its benefits in treating various skin concerns such as acne, hyperpigmentation, and anti-aging. Mandelic acid, known for its gentle exfoliating properties and suitability for sensitive skin, is increasingly being used in cleansers, toners, serums, and peels. The market growth is also fueled by the increasing consumer awareness about the importance of skincare and the demand for effective yet gentle ingredients. Key players in the India Mandelic Acid market are focusing on product innovation, marketing strategies, and expanding their distribution networks to capitalize on the growing demand for skincare products containing mandelic acid. The market is expected to continue its upward trajectory as more consumers seek out safe and effective skincare solutions.

India Mandelic Acid Market Trends

The India Mandelic Acid market is witnessing a growing demand due to its effectiveness in treating various skin concerns such as acne, hyperpigmentation, and signs of aging. Consumers are increasingly seeking out skincare products with mandelic acid as a key ingredient due to its gentle exfoliating properties and suitability for sensitive skin. The market is also benefiting from the rising awareness about the benefits of chemical exfoliants and the shift towards incorporating skincare products with active ingredients in daily routines. Key players in the India Mandelic Acid market are focusing on product innovation, marketing campaigns highlighting the benefits of mandelic acid, and expanding distribution channels to capitalize on the growing demand. Overall, the market is expected to continue its upward trajectory as consumers prioritize skincare solutions that deliver visible results.

India Mandelic Acid Market Challenges

In the India Mandelic Acid market, some key challenges are limited awareness among consumers about the benefits of mandelic acid, competition from other skincare ingredients, and the presence of counterfeit products in the market. Educating consumers about the uses and advantages of mandelic acid compared to traditional skincare products can be a hurdle for companies operating in this market. Additionally, the availability of alternative ingredients in the skincare industry poses a challenge in capturing a significant market share. Moreover, the presence of counterfeit or low-quality mandelic acid products can affect the credibility and trust of consumers in the market, leading to potential revenue losses for legitimate manufacturers and distributors. Overcoming these challenges requires strategic marketing efforts, quality control measures, and regulatory enforcement to ensure product authenticity and consumer safety.

India Mandelic Acid Market Investment Opportunities

The India Mandelic Acid market presents lucrative investment opportunities due to its increasing application in the pharmaceutical, cosmetic, and personal care industries. With growing demand for skincare products and dermatological treatments, mandelic acid is gaining popularity for its exfoliating and anti-aging properties. Investors can consider opportunities in manufacturing and supplying mandelic acid to cosmetic companies, formulating skincare products with mandelic acid, or investing in research and development for new applications of the compound. Additionally, the rising disposable income and changing consumer preferences towards natural and organic ingredients further drive the demand for mandelic acid products in India. Overall, the India Mandelic Acid market offers prospects for growth and innovation, making it an attractive sector for investment.

India Mandelic Acid Market Government Policy

The Indian government has not implemented specific policies directly targeting the Mandelic Acid market. However, the regulatory framework for the cosmetics and pharmaceutical industries in India indirectly impacts the Mandelic Acid market. The Bureau of Indian Standards (BIS) sets quality standards for cosmetic products, including those containing Mandelic Acid, to ensure consumer safety and product efficacy. Additionally, the Drugs and Cosmetics Act regulates the manufacturing, sale, and distribution of pharmaceutical products, which may include Mandelic Acid-based medications. Companies operating in the Mandelic Acid market in India are required to comply with these regulations to ensure product quality and safety for consumers. Overall, while there are no exclusive policies for Mandelic Acid, the existing regulatory environment plays a crucial role in shaping the market landscape in India.

India Mandelic Acid Market Future Outlook

The India Mandelic Acid market is expected to witness significant growth in the coming years due to increasing demand for skincare products and cosmetics with natural ingredients. Mandelic acid is gaining popularity in India as an effective ingredient for treating various skin concerns such as acne, hyperpigmentation, and aging. The market is also likely to benefit from the growing awareness about skincare routines and the preference for gentle yet effective solutions. With the rise of the beauty and personal care industry in India, fueled by changing consumer preferences and increasing disposable income, the Mandelic Acid market is poised for steady expansion. Key players are expected to introduce innovative products and formulations to cater to the evolving needs of Indian consumers, further driving the market growth.

Key Highlights of the Report:

  • India Mandelic Acid Market Outlook
  • Market Size of India Mandelic Acid Market, 2024
  • Forecast of India Mandelic Acid Market, 2031
  • Historical Data and Forecast of India Mandelic Acid Revenues & Volume for the Period 2021- 2031
  • India Mandelic Acid Market Trend Evolution
  • India Mandelic Acid Market Drivers and Challenges
  • India Mandelic Acid Price Trends
  • India Mandelic Acid Porter's Five Forces
  • India Mandelic Acid Industry Life Cycle
  • Historical Data and Forecast of India Mandelic Acid Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of India Mandelic Acid Market Revenues & Volume By DL Mandelic Acid for the Period 2021- 2031
  • Historical Data and Forecast of India Mandelic Acid Market Revenues & Volume By L Mandelic Acid for the Period 2021- 2031
  • Historical Data and Forecast of India Mandelic Acid Market Revenues & Volume By D Mandelic Acid for the Period 2021- 2031
  • Historical Data and Forecast of India Mandelic Acid Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of India Mandelic Acid Market Revenues & Volume By Pharmaceutical for the Period 2021- 2031
  • Historical Data and Forecast of India Mandelic Acid Market Revenues & Volume By Personal Care for the Period 2021- 2031
  • Historical Data and Forecast of India Mandelic Acid Market Revenues & Volume By Cosmetics for the Period 2021- 2031
  • Historical Data and Forecast of India Mandelic Acid Market Revenues & Volume By End User Industry for the Period 2021- 2031
  • Historical Data and Forecast of India Mandelic Acid Market Revenues & Volume By Chemical for the Period 2021- 2031
  • Historical Data and Forecast of India Mandelic Acid Market Revenues & Volume By Petrochemical for the Period 2021- 2031
  • Historical Data and Forecast of India Mandelic Acid Market Revenues & Volume By Cosmetics for the Period 2021- 2031
  • Historical Data and Forecast of India Mandelic Acid Market Revenues & Volume By Food and Beverages for the Period 2021- 2031
  • Historical Data and Forecast of India Mandelic Acid Market Revenues & Volume By Healthcare for the Period 2021- 2031
  • India Mandelic Acid Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End User Industry
  • India Mandelic Acid Top Companies Market Share
  • India Mandelic Acid Competitive Benchmarking By Technical and Operational Parameters
  • India Mandelic Acid Company Profiles
  • India Mandelic Acid Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Mandelic Acid Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Mandelic Acid Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Mandelic Acid Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Mandelic Acid Market Revenues & Volume, 2021 & 2031F

3.3 India Mandelic Acid Market - Industry Life Cycle

3.4 India Mandelic Acid Market - Porter's Five Forces

3.5 India Mandelic Acid Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 India Mandelic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 India Mandelic Acid Market Revenues & Volume Share, By End User Industry, 2021 & 2031F

4 India Mandelic Acid Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for skincare products in India

4.2.2 Growing awareness about the benefits of mandelic acid in treating skin issues

4.2.3 Rise in disposable income leading to higher spending on personal care products

4.3 Market Restraints

4.3.1 Lack of awareness among consumers about mandelic acid and its benefits

4.3.2 Presence of substitute ingredients in skincare products

4.3.3 Stringent regulatory norms and approvals for mandelic acid usage in cosmetics

5 India Mandelic Acid Market Trends

6 India Mandelic Acid Market, By Types

6.1 India Mandelic Acid Market, By Type

6.1.1 Overview and Analysis

6.1.2 India Mandelic Acid Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 India Mandelic Acid Market Revenues & Volume, By DL Mandelic Acid, 2021- 2031F

6.1.4 India Mandelic Acid Market Revenues & Volume, By L Mandelic Acid, 2021- 2031F

6.1.5 India Mandelic Acid Market Revenues & Volume, By D Mandelic Acid, 2021- 2031F

6.2 India Mandelic Acid Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Mandelic Acid Market Revenues & Volume, By Pharmaceutical, 2021- 2031F

6.2.3 India Mandelic Acid Market Revenues & Volume, By Personal Care, 2021- 2031F

6.2.4 India Mandelic Acid Market Revenues & Volume, By Cosmetics, 2021- 2031F

6.3 India Mandelic Acid Market, By End User Industry

6.3.1 Overview and Analysis

6.3.2 India Mandelic Acid Market Revenues & Volume, By Chemical, 2021- 2031F

6.3.3 India Mandelic Acid Market Revenues & Volume, By Petrochemical, 2021- 2031F

6.3.4 India Mandelic Acid Market Revenues & Volume, By Cosmetics, 2021- 2031F

6.3.5 India Mandelic Acid Market Revenues & Volume, By Food and Beverages, 2021- 2031F

6.3.6 India Mandelic Acid Market Revenues & Volume, By Healthcare, 2021- 2031F

7 India Mandelic Acid Market Import-Export Trade Statistics

7.1 India Mandelic Acid Market Export to Major Countries

7.2 India Mandelic Acid Market Imports from Major Countries

8 India Mandelic Acid Market Key Performance Indicators

8.1 Number of skincare products containing mandelic acid launched in the Indian market

8.2 Percentage increase in sales of mandelic acid-based skincare products

8.3 Number of skincare clinics offering treatments using mandelic acid

9 India Mandelic Acid Market - Opportunity Assessment

9.1 India Mandelic Acid Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 India Mandelic Acid Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 India Mandelic Acid Market Opportunity Assessment, By End User Industry, 2021 & 2031F

10 India Mandelic Acid Market - Competitive Landscape

10.1 India Mandelic Acid Market Revenue Share, By Companies, 2024

10.2 India Mandelic Acid Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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