The Insight Partners published latest research report on “Cosmetic Bioactive Ingredients Market Growth Report, Size, Share Forecast to 2028 - COVID-19 Impact and Global Analysis By Ingredient Type, Sources and Geography,”
The Insight Partners published latest research report on “Cosmetic Bioactive Ingredients Market Growth Report, Size, Share Forecast to 2028 - COVID-19 Impact and Global Analysis By Ingredient Type, Sources and Geography,” the global market size is projected to reach USD 2,215.96 million by 2028 from USD 1,529.91 million in 2021; it is estimated to grow at a CAGR of 5.4% from 2021 to 2028.
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Global Cosmetic Bioactive Ingredients Market Growth Drivers:
• Increasing demand for natural and organic cosmetic products: Consumers are increasingly opting for natural and organic cosmetic products that are free of harmful chemicals. This has led to an increased demand for cosmetic bioactive ingredients derived from natural sources.
• Growing interest in anti-aging products: The global population is aging, and there is a growing interest in anti-aging products that can help maintain youthful skin. Cosmetic bioactive ingredients such as retinol, vitamin C, and peptides are known to have anti-aging properties, and their demand is increasing in the market.
• Rising awareness of personal grooming and appearance: The increasing awareness of personal grooming and appearance is driving the demand for cosmetic bioactive ingredients market. Consumers are willing to invest in products that can improve their appearance and boost their confidence.
• Advancements in research and development: Advances in research and development have led to the discovery of new cosmetic bioactive ingredients that offer unique benefits. These advancements are driving innovation in the industry and creating new growth opportunities.
• Increasing disposable income and purchasing power: As the global economy continues to grow, consumers’ disposable income and purchasing power are increasing. This has led to an increased demand for high-quality cosmetic products, including those made with cosmetic bioactive ingredients.
• Growing demand from emerging markets: Emerging markets, such as Asia-Pacific and Latin America, are experiencing rapid economic growth, leading to an increase in the demand for cosmetic products. This presents a significant growth opportunity for the cosmetic bioactive ingredients market as well.
Global Cosmetic Bioactive Ingredients Market Recent Developments:
• Growing trend of personalized beauty products: The trend of personalized beauty products has led to an increased demand for cosmetic bioactive ingredients that can be customized to individual skin types and concerns.
• Advancements in extraction and processing technologies: Innovations in extraction and processing technologies have led to the development of new cosmetic bioactive ingredients with unique properties and benefits. These advancements are also improving the efficiency and cost-effectiveness of ingredient production.
• Increasing focus on sustainable and eco-friendly ingredients: There is a growing demand for sustainable and eco-friendly cosmetic products, which has led to an increased focus on cosmetic bioactive ingredients derived from renewable resources and produced using environmentally friendly methods.
• Growing use of plant-based ingredients: The use of plant-based cosmetic bioactive ingredients is increasing due to their perceived natural and safe qualities. Plant-based ingredients such as aloe vera, green tea, and chamomile are gaining popularity in the market.
• Emergence of new ingredient categories: New categories of cosmetic bioactive ingredients are emerging, such as microbiome-friendly ingredients, which support the skin’s natural microbiome, and neurocosmetic ingredients, which address the relationship between the brain and skin health.
• Increased adoption of digital technologies: Digital technologies are being adopted in the cosmetic industry to create new products and formulations using cosmetic bioactive ingredients. This includes the use of artificial intelligence and machine learning to develop customized skincare products.
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Global Cosmetic Bioactive Ingredients Market Report Scope, Segmentations, Regional & Country Scope:
| Report Coverage | Details |
| Market Size Value in | USD 1,529.91 million in 2021 |
| Market Size Value by | USD 2,215.96 million by 2028 |
| Growth rate | CAGR of 5.4% from 2021-2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
| No. of Pages | 166 |
| No. of Tables | 57 |
| No. of Charts & Figures | 74 |
| Historical data available | Yes |
| Segments covered | Ingredient Type, Sources and Geography |
| Regional scope | North America; Europe; Asia Pacific; Latin America; MEA |
| Country scope | US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Companies Covered | Koninklijke DSM N.V., Ajinomoto Co., Inc., Roquette Freres, ADM, BASF SE, FMC Corporation, Vytrus Biotech, Cargill, Inc., Sensient Technologies Corporation, DUPONT |
| Key Research Capabilities | Global Market Assessment, Business Development Strategies, Competitive Landscape, Opportunity Analysis, Regional and Country Level Market Analysis, Market Entry Strategies, Market Dynamics, Risk and Return Assessments, Pricing Analysis, Market Size and Forecasting, Company Profiling, Value Chain Analysis, Expansion Strategies, SWOT Analysis, New Product Development |
BASF SE, DuPont de Nemours, Inc., FMC CORPORATION, Cargill, Incorporated, Sensient Technologies Corporation, DSM, Ajinomoto Co. Inc., Roquette Frères, ADM, and Vytrus Biotech are among the leading companies operating in the cosmetic bioactive ingredients market. The major players focus on expanding their market presence and acquiring a new customer base, thereby tapping prevailing business opportunities.
The COVID-19 pandemic have driven consumers’ preference toward “holistic, resilient, and more conscious consumption” of dressings, food, and cosmetics. The effects of the COVID-19 outbreak will change significantly and permanently; the demand for color cosmetics is expected to slow down, and skincare is expected to increase. Personal care companies are grabbing new opportunities to offer additional benefits that should be considered. Social isolation and distancing have allowed consumers to spend more time on their self-grooming and self-care. Thus, the need for cosmetic products with bioactive ingredients that are free of harmful effects of synthetic or chemical raw materials is increasing significantly, which is boosting the cosmetic bioactive ingredients market growth through rejuvenated research and development activities. Several studies have also highlighted the antiviral properties of bioactive ingredients against COVID-19.
Browse key market insights spread across 166 pages with 57 list of tables & 74 list of figures from the report, “Cosmetic Bioactive Ingredients Market Size, Share & Growth Forecast to 2028 - COVID-19 Impact and Global Analysis By Ingredient Type (Probiotics and Prebiotics, Omega-3 Fatty Acids, Vitamins, Carotenoids and Antioxidants, Plant Extracts, Minerals, Amino Acids, Proteins and Peptides, and Others); Sources (Plant, Animal, and Microbial), and Geography” in detail along with the table of contents: https://www.theinsightpartners.com/reports/cosmetic-bioactive-ingredients-market
Global Cosmetic Bioactive Ingredients Market Insights: Key Developments
In March 2021, Royal DSM launched three different forms of hyaluronic acid. With the new HYA-ACT range, the company strengthens its hyaluronic acid portfolio to meet the evolving demands for less-invasive, reliable, and effective beauty care solutions.
In January 2020, BASF’s Care Creations presented several of its latest active ingredients for personal care products that moisturize and soothe the skin at Cosmet’Agora trade show, Paris. The company also presented its range of active ingredients for makeup formulations at the show.
The cosmetic bioactive ingredients market report has been segmented on the basis of ingredient type and source. Based on ingredient type, the market is segmented into probiotics and prebiotics, omega-3 fatty acids, vitamins, carotenoids and antioxidants, plant extracts, minerals, amino acids, proteins and peptides, and others. The amino acids segment is likely to hold largest share of the market in 2021. However, the plant extracts segment is anticipated to register the highest CAGR in the market during the forecast period. Based on source, the cosmetic bioactive ingredients market is segmented into plant, animal, and microbial. The plant segment is likely to hold largest share of the market in 2021. However, the microbial segment is anticipated to register the highest CAGR in the market during the forecast period.
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