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Cracked Heels Treatment Market Is Expected To Reach US$ 2.45 Bn By 2025

The purpose of the report is to illustrate the state of the market of Specialty Fats and Oils, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.

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Market Insights

Cracked heels, also known as heel fissure are usually caused by xerosis (dry skin). Some common causes of cracked heels are skin disorder, eczema, insufficient moisture in feet, diabetes, thyroid problems, kidney disorders, nutrient deficiency, excessive weight etc. For the purpose of the study cracked heels treatment market is segmented on the basis of product type such as foot creams, foot scrub soaps, heel scrapers and stones, bandages and dressings, insoles, heel pads or cups, special tissue glue and others. It is observed that, foot creams are major revenue generating segment and held more than 50 percent of market share due to ease of use, wide availability and cost effectiveness.

Currently, North America is major revenue contributor, due to higher number of target population, higher consumer awareness, lifestyle pattern, high healthcare expenditure. Rising prevalence of diabetes in North America leads to diabetic foot ulcer requiring medical intervention which in turn drives the cracked heel treatment market to grow significantly. However, Asia-Pacific region is expected to show highest market growth during forecast period due to large number of target population, developing healthcare infrastructure and rising consumer awareness.

Market Competition Assessment:

The cracked heels treatment market is observed to be highly competitive and comprises large number of players. However, the market is currently dominated by few players such as Bayer AG, Beiersdorf, Ego Pharmaceuticals Pty. Ltd., Galderma S.A., Moberg Pharma, Neat Feat Products Ltd., Neutrogena (Johnson & Johnson), Oriflame Cosmetics Global SA, Reckitt Benckiser (Scholl) and others.

Why was the report written?

This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Specialty Fats and Oils buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.

What is the current market landscape and what is changing?

Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.

The report on the market of Cracked Heels Treatment contains:

Analysis and forecast of Specialty Fats and Oils market dynamics;

Analysis of domestic production, market shares of the main market players;

Analysis of exports and imports;

Analysis of factors, leading the development of the Specialty Fats and Oils market;

Assessment and forecast of Specialty Fats and Oils market development;

Financial and business profiles of the leading companies in the Specialty Fats and Oils industry.

Scope

– Up to date working Specialty Fats and Oils data by major regions in the world, the forecast of planned capacity additions by 2026

– The annual breakdown of capital expenditure spending on proposed Specialty Fats and Oils for the period 2018 to 2026

– Planned Specialty Fats and Oils additions and capital expenditure spending by key countries and companies across the world

– Planned capital expenditure spending on new Specialty Fats and Oils projects by region, key countries, and companies

– Details of major planned Specialty Fats and Oils projects in the world up to 2026

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