The global lanolin market size achieved a valuation of approximately USD 275.48 million in 2024. Projected to expand at a compound annual growth rate (CAGR) of 6.2% during the forecast period of 2025-2034, the market is poised to reach an estimated USD 473.44 million by 2034. This growth can be attributed to the rising demand for lanolin in cosmetics, pharmaceuticals, and other industries due to its excellent emollient and moisturizing properties.
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