You're using a free limited version of DrugPatentWatch: Upgrade for Complete Access

Last Updated: February 10, 2025

Drug Price Trends for AZELAIC ACID


✉ Email this page to a colleague

« Back to Dashboard


Drug Price Trends for AZELAIC ACID

Average Pharmacy Cost for AZELAIC ACID

These are average pharmacy acquisition costs (net of discounts) from a US national survey
Drug Name NDC Price/Unit ($) Unit Date
AZELAIC ACID 15% GEL 51672-1389-03 0.55075 GM 2025-01-22
AZELAIC ACID 15% GEL 68462-0626-52 0.55075 GM 2025-01-22
AZELAIC ACID 15% GEL 21922-0038-14 0.55075 GM 2025-01-22
AZELAIC ACID 15% GEL 00591-2131-55 0.55075 GM 2025-01-22
AZELAIC ACID 15% GEL 00781-7172-50 0.55075 GM 2025-01-22
AZELAIC ACID 15% GEL 00591-2131-55 0.55790 GM 2024-12-18
>Drug Name >NDC >Price/Unit ($) >Unit >Date

Best Wholesale Price for AZELAIC ACID

These are wholesale prices available to the US Federal Government which, by law, must be the best prices available to any customer under comparable terms and conditions
Drug Name Vendor NDC Count Price ($) Price/Unit ($) Unit Dates Price Type
AZELAIC ACID 15% GEL,TOP Sandoz, Inc. 00781-7172-50 50GM 29.21 0.58420 GM 2024-01-01 - 2028-08-14 FSS
AZELAIC ACID 15% GEL,TOP Sandoz, Inc. 00781-7172-50 50GM 29.75 0.59500 GM 2023-08-15 - 2028-08-14 FSS
AZELAIC ACID 15% GEL,TOP Golden State Medical Supply, Inc. 51672-1389-03 50GM 28.26 0.56520 GM 2023-06-15 - 2028-06-14 FSS
AZELAIC ACID 15% GEL,TOP AvKare, LLC 00591-2131-55 50GM 42.86 0.85720 GM 2023-06-15 - 2028-06-14 FSS
AZELAIC ACID 15% GEL,TOP AvKare, LLC 00591-2131-55 50GM 27.55 0.55100 GM 2023-06-25 - 2028-06-14 FSS
FINACEA 15% GEL,TOP LEO Pharma, Inc. 50222-0505-50 50GM 252.97 5.05940 GM 2024-01-01 - 2028-05-14 Big4
>Drug Name >Vendor >NDC >Count >Price ($) >Price/Unit ($) >Unit >Dates >Price Type
Price type key: Federal Supply Schedule (FSS): generally available to all Federal Govt agencies / 'BIG4' prices: VA, DoD, Public Health & Coast Guard only / National Contracts (NC): Available to specific agencies

Azelaic Acid Market Analysis and Price Projections

Introduction to Azelaic Acid

Azelaic acid is a naturally occurring dicarboxylic acid found in cereals such as wheat, rye, and barley. It is renowned for its anti-inflammatory, antimicrobial, and antioxidant properties, making it a versatile compound with various industrial and health applications.

Market Size and Growth Projections

The global azelaic acid market is experiencing significant growth, driven by its expanding use in several industries.

  • Current Market Size: As of 2024, the azelaic acid market was valued at approximately $195.41 billion[1].
  • Forecasted Market Size: By 2030, the market is projected to reach $296.56 billion, growing at a Compound Annual Growth Rate (CAGR) of 7.2% from 2024 to 2030[1].
  • Long-Term Projections: Another forecast suggests that the market could reach $392 billion by 2033, with a CAGR of 7.5% from 2024 to 2033[2].

Regional Market Analysis

The azelaic acid market is geographically diverse, with different regions contributing significantly to its growth.

  • North America: This region dominates the market, accounting for approximately 38.7% of the azelaic acid consumption by revenue. The U.S. is a key player due to the robust demand from the pharmaceutical, cosmetic, and industrial sectors[5].
  • Europe: Europe follows closely behind North America, with a significant share of around 20%. The region's emphasis on advanced pharmaceutical formulations and innovative biodegradable polymers drives the demand for azelaic acid[4].
  • Asia-Pacific: This region is also a major contributor, driven by the rapid economic growth and expanding middle class in countries like India and China. The demand for skincare and cosmetic products that leverage azelaic acid's properties is on the rise[4].

Market Segmentation

The azelaic acid market is segmented based on type, application, and region.

  • Types:
    • Industrial Grade: This is the largest segment, accounting for nearly 90% of the market. Industrial-grade azelaic acid is used in plastics, lubricants, and electronics[1].
    • Pharmaceutical Grade: Used in the production of pharmaceuticals and cosmetics.
    • GMP Pharmaceutical Grade: Complies with Good Manufacturing Practices (GMP) for pharmaceutical applications[1].
  • Applications:
    • Pharmaceuticals and Cosmetics: Azelaic acid is widely used in treating skin conditions such as rosacea and acne due to its comedolytic, keratolytic, and antioxidant effects.
    • Plastics: Used in the production of high-performance polymers.
    • Lubricants: Incorporated into lubricant formulations for its anti-wear properties.
    • Electronics: Used in the manufacture of electronic components.
    • Others: Includes applications in hair care products and other industrial uses[1][4].

Key Market Players

The azelaic acid market is competitive, with several key players dominating the landscape.

  • Emery Oleochemicals
  • Matrica SpA
  • BASF
  • Croda Sipo
  • Ninghai Zhonglong
  • Jiangsu Senxuan
  • Nantong Hengxing Electronic Materials
  • Shandong Clearwill
  • Hubei Tuochu[1][4].

Market Drivers

Several factors are driving the growth of the azelaic acid market:

  • Pharmaceutical Industry: The expanding use of azelaic acid in pharmaceutical formulations, particularly for treating skin conditions, is a significant driver[2].
  • Cosmetic and Skincare Industry: The demand for skincare and cosmetic products that leverage azelaic acid's anti-inflammatory and antimicrobial properties is increasing, especially in the Asia-Pacific region[4].
  • Strategic Initiatives: Private players are investing in research and development, and strategic initiatives such as mergers and acquisitions are further boosting market growth[2].
  • Consumer Preferences: The trend towards eco-friendly and health-conscious products is driving the demand for azelaic acid in sustainable solutions and advanced pharmaceutical formulations[4].

Price Projections

While specific price projections for azelaic acid are not provided, the overall market value is expected to increase significantly.

  • Market Value Growth: The market is projected to grow from $195.41 billion in 2024 to $296.56 billion by 2030, indicating a substantial increase in market value[1].

Challenges and Opportunities

Despite the growth, the market faces some challenges and opportunities:

  • Regulatory Trends: The emphasis on eco-friendly and health-conscious products aligns with regulatory trends, creating opportunities for market growth[4].
  • Economic Growth: The rapid economic growth in regions like Asia-Pacific presents exciting investment opportunities for key players[5].
  • Competition: The market is highly competitive, with numerous players vying for market share. This competition can drive innovation but also presents challenges for new entrants[1][4].

Key Takeaways

  • The azelaic acid market is expected to grow significantly, driven by its applications in the pharmaceutical, cosmetic, and industrial sectors.
  • North America and Europe are the dominant regions, with Asia-Pacific emerging as a key growth area.
  • The market is segmented into industrial grade, pharmaceutical grade, and GMP pharmaceutical grade, with industrial grade being the largest segment.
  • Key players include Emery Oleochemicals, Matrica SpA, BASF, and others.
  • Market growth is driven by the pharmaceutical industry, cosmetic and skincare industry, and strategic initiatives by private players.

FAQs

Q: What is the current market size of the azelaic acid market?

  • The azelaic acid market was valued at approximately $195.41 billion in 2024[1].

Q: What is the forecasted market size of the azelaic acid market by 2030?

  • The market is projected to reach $296.56 billion by 2030[1].

Q: What is the CAGR of the azelaic acid market from 2024 to 2030?

  • The market is expected to grow at a CAGR of 7.2% from 2024 to 2030[1].

Q: Which regions dominate the azelaic acid market?

  • North America dominates the market, followed by Europe and Asia-Pacific[5].

Q: What are the main applications of azelaic acid?

  • The main applications include pharmaceuticals and cosmetics, plastics, lubricants, electronics, and other industrial uses[1][4].

Sources

  1. Global Azelaic Acid Market Insights, Forecast to 2030 - Valuates Reports
  2. Azelaic Acid Market Share Projections: CAGR of 7.5% Envisions Market Size of $392 Billion by 2033 - GlobeNewswire
  3. Azelaic Acid Topical Market Size, Trends, Scope and Forecast - Verified Market Research
  4. Azelaic Acid Market Size and Share Growth Report 2033 - Allied Market Research
  5. Global Azelaic Acid Market Forecast: Key Players and Emerging Opportunities - EIN Presswire

More… ↓

⤷  Free Trial

Make Better Decisions: Try a trial or see plans & pricing

Drugs may be covered by multiple patents or regulatory protections. All trademarks and applicant names are the property of their respective owners or licensors. Although great care is taken in the proper and correct provision of this service, thinkBiotech LLC does not accept any responsibility for possible consequences of errors or omissions in the provided data. The data presented herein is for information purposes only. There is no warranty that the data contained herein is error free. thinkBiotech performs no independent verification of facts as provided by public sources nor are attempts made to provide legal or investing advice. Any reliance on data provided herein is done solely at the discretion of the user. Users of this service are advised to seek professional advice and independent confirmation before considering acting on any of the provided information. thinkBiotech LLC reserves the right to amend, extend or withdraw any part or all of the offered service without notice.