Gooey fluid turned into $1.68b liquid gold for Jinan

HA bottled water produced by Bloomage on sale at a shopping mall in Beijing. Provided to China Daily Expansion of products The global HA market is poised for major growth, driven by both the cosmetics industry and increasing incidences of osteoarthritis and ophthalmic diseases in aging populations around the world, experts said at the Jinan conference in June. Bloomage has helped expand the use of HA products from traditional areas such as ophthalmology, orthopedics, medical aesthetics, and skin care to new areas including tissue engineering, gastrointestinal health, oral care, pet care and textiles. "Unlike medicines that can have immediate effects, HA food products require a process," said Gao, adding that Freda has developed a drinkable HA product that is set to hit the market soon. Jinan is also aiming to build its HA industrial base within three years to create a world-class hub for a complete industrial chain that integrates R&D, pilot experiments, production and sales.