The global retinoic acid market is driven by increasing awareness of its health benefits, especially in skincare and the treatment of dermatological conditions. Retinoic acid’s versatility as a therapeutic agent has led to its growing adoption in both medical and cosmetic applications. As of 2023, the global market size for retinoic acid was valued at USD 386 million, with an estimated CAGR of 5.00% projected through 2032, reaching USD 543.14 million by the end of the forecast period.
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