Phytosphingosine Market Is Expected to Reach $1,882.9 Million by 2023
According to a new report published by Allied Market Research, titled, Phytosphingosine Market by Application: Global Opportunity Analysis and Industry Forecast, 2014-2022, the phytosphingosine market was valued at $1,215.5 million in 2016, and is projected to reach $1,882.9 million by 2023, growing at a CAGR of 6.5% from 2017 to 2023. Moisturizer was the highest revenue generating application in 2016, accounted for $693.4 million. The segment is projected to dominate the market in coming years.
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