Research and Markets has a new report—the Acne Medication Market Analysis & Industry Forecast, 2022 – 2030. 

The global Acne medication market was valued at an estimated $10.08 billion in 2021, and it’s predicted to thrive at a CAGR of 3.4%—rising to a value over $14.26 billion by 2030.

The market is being fueled by a rising demand for topical as well as oral acne medication, the report says. Topical medication includes creams, gels, and ointments that include retinoids, benzoyl peroxide, salicylic acid, and others.

Increased R&D in skincare along with the high market potential across untapped emerging countries is expected to be opportunistic for the market growth.