Drug Price Trends for BENZOYL PEROXIDE

Average Pharmacy Cost for BENZOYL PEROXIDE

These are average pharmacy acquisition costs (net of discounts) from a US national survey

Drug Name	NDC	Price/Unit ($)	Unit	Date
BENZOYL PEROXIDE 5% GEL	71800-0043-04	0.06981	GM	2025-03-26
BENZOYL PEROXIDE 10% LOTION	71800-0046-09	0.07121	ML	2025-03-26
BENZOYL PEROXIDE 5% LOTION	71800-0044-09	0.06528	ML	2025-03-26
BENZOYL PEROXIDE 5% WASH	45802-0280-34	0.03432	GM	2025-03-19
BENZOYL PEROXIDE 10% WASH	35573-0454-08	0.04013	GM	2025-03-19

Best Wholesale Price for BENZOYL PEROXIDE

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

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

Drug Name	Vendor	NDC	Count	Price ($)	Price/Unit ($)	Unit	Dates	Price Type
BENZOYL PEROXIDE 5%/CLINDAMYCIN PO4 1% GEL PU	Golden State Medical Supply, Inc.	51672-1381-06	50GM	101.96	2.03920	GM	2023-06-23 - 2028-06-14	FSS
BENZOYL PEROXIDE 5%/CLINDAMYCIN PO4 1% GEL PU	Golden State Medical Supply, Inc.	51672-1381-05	35GM	33.67	0.96200	GM	2023-06-15 - 2028-06-14	FSS
BENZOYL PEROXIDE 5%/CLINDAMYCIN PO4 1% GEL JR	Golden State Medical Supply, Inc.	51672-1381-04	50GM	24.08	0.48160	GM	2023-06-23 - 2028-06-14	FSS
BENZOYL PEROXIDE 5%/CLINDAMYCIN PO4 1% GEL JR	Golden State Medical Supply, Inc.	51672-1381-04	50GM	23.52	0.47040	GM	2023-06-15 - 2028-06-14	FSS
BENZOYL PEROXIDE 5%/CLINDAMYCIN PO4 1% GEL JR	Golden State Medical Supply, Inc.	51672-1381-02	35GM	15.56	0.44457	GM	2023-06-23 - 2028-06-14	FSS

Benzoyl Peroxide Market Analysis and Price Projections

Market Overview

Benzoyl peroxide is a versatile chemical with a wide range of applications, including pharmaceuticals, cosmetics, and industrial processes. The market for benzoyl peroxide is poised for significant growth, driven by its diverse uses and increasing demand in various sectors.

Market Size and Growth Projections

• The global benzoyl peroxide market was valued at USD 1.29 billion in 2023 and is expected to reach USD 1.37 billion in 2024. It is projected to grow at a CAGR of 5.51% to reach USD 1.89 billion by 2030[4].
• Another forecast indicates that the market will grow at a CAGR of 3.56% from 2024 to 2030, reaching $462.5 million by 2030[1].
• Market Research Future estimates the market to grow at a CAGR of 4.00% during the forecast period of 2024 to 2032, reaching USD 0.49 billion by 2032[5].

Segment Analysis

By Quality Index

• The market is segmented into reagent grade, food grade, industrial grade, and others. The industrial grade segment held the largest share of 37% in 2023 due to its versatile applications in the chemical and plastics industry[1].

By Appearance

• Benzoyl peroxide is available in various forms such as powder, grain, crystal, and paste. Each form has specific applications, with the powder form being particularly popular for flour bleaching[1].

By End Users

• The chemical and plastics industry is the largest consumer, holding a significant share of 41.4% in 2023. Other significant end-users include the building and construction, automotive, and general industries[1].

Geographical Analysis

North America

• The North American region held a significant share of 32% in 2023. The region is expected to experience substantial growth driven by the increasing consumption of processed food items and the use of benzoyl peroxide as a bleaching agent in flour, whey, and cheese[1].

Asia-Pacific

• This region is expected to be the fastest-growing market due to the increasing awareness of skincare and the demand for high-quality skincare products[5].

Other Regions

• The market is also analyzed across Europe, Middle East, Africa, and Latin America, with each region showing potential for growth based on local demand and industrial applications[3].

Market Drivers

Growing Skincare Industry

• The antimicrobial and anti-inflammatory properties of benzoyl peroxide make it a key ingredient in skincare products, particularly for acne treatment. This has driven significant demand in the medical and cosmetic sectors[2].

Industrial Applications

• Benzoyl peroxide is used as a polymerization initiator, bleaching agent, and cross-linking agent in various industrial processes. The growth in sectors such as paints, coatings, and adhesives further propels the demand for industrial-grade benzoyl peroxide[1].

Market Restraints

Teratogenic Effects

• Benzoyl peroxide is teratogenic and cannot be prescribed to pregnant women, which hampers its market growth in the medical sector[2].

Generic Alternatives

• The increasing demand for generic drugs can also act as a restraint, as generic alternatives may reduce the demand for branded benzoyl peroxide products[5].

Competitive Landscape

Key players in the benzoyl peroxide market include AkzoNobel, United Initiators, Arkema, Chinasun Specialty Products, Taizhou Yuanda, Haixiang, SACI, Jain and Jain, YUH TZONG, Mil-Spec Corp, Degussa Initiators, LLC, Liuang Chemical Corporation, Jiangsu Peixing Chemical, Enox, and Shandong Hengtai Chemical[2][5].

Price Projections and Trade Analysis

• The market prices are influenced by production costs, supply and demand dynamics, and trade logistics across regions. The global market revenue is expected to increase, driven by growing demand and expanding applications[3].

Future Outlook

The benzoyl peroxide market is expected to continue its growth trajectory, driven by increasing demand in the skincare and industrial sectors. Here are some key points to consider:

• Expanding Applications: The use of benzoyl peroxide in new applications such as mechanical structures and capacity tanks is expected to drive growth[5].
• Geographical Expansion: The Asia-Pacific region is anticipated to be a significant growth driver due to increasing skincare awareness and demand for high-quality products[5].
• Competitive Strategies: Key players are focusing on optimizing production processes, enhancing safety protocols, and expanding their product portfolios to capture market share[3].

Key Takeaways

• The benzoyl peroxide market is projected to grow significantly, driven by its applications in the skincare and industrial sectors.
• The industrial grade segment dominates the market due to its versatile applications.
• North America and the Asia-Pacific region are key geographical markets.
• Market growth is driven by the growing skincare industry and industrial applications.
• Key players are focusing on optimizing production and expanding their product portfolios.

FAQs

1. What is the projected market size of benzoyl peroxide by 2030?

• The market is projected to reach USD 1.89 billion by 2030, growing at a CAGR of 5.51% from 2023 to 2030[4].

2. Which segment holds the largest share in the benzoyl peroxide market?

• The industrial grade segment holds the largest share, driven by its applications in the chemical and plastics industry[1].

3. What are the primary applications of benzoyl peroxide?

• The primary applications include skincare (acne treatment), industrial processes (polymerization initiator, bleaching agent), and food processing (flour bleaching)[1][2].

4. Which region is expected to be the fastest-growing market for benzoyl peroxide?

• The Asia-Pacific region is expected to be the fastest-growing market due to increasing skincare awareness and demand for high-quality products[5].

5. Who are the key players in the benzoyl peroxide market?

• Key players include AkzoNobel, United Initiators, Arkema, Chinasun Specialty Products, and several others[2][5].

Cited Sources

1. IndustryARC, "Benzoyl Peroxide Market - Forecast(2021-2026) Research Report".
2. Allied Market Research, "Benzoyl Peroxide Market Size, Share | Industry Forecast, 2028".
3. Research and Markets, "Benzoyl Peroxide Market Size, Competitors, Trends & Forecast".
4. 360iResearch, "Benzoyl Peroxide Market by Application, End User, Product Type".
5. Market Research Future, "Benzoyl Peroxide Market Trends, Growth, Forecast 2032 | MRFR".