Research Nester published a report titled “Cosmetic Bioactive Ingredients Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of theglobalcosmetic bioactive ingredients market in terms of market segmentation by ingredient, category, application, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global cosmetic bioactive ingredients market is estimated to occupy a hefty amount of revenue by growing at a CAGR of ~5% during the forecast period, i.e., 2022 – 2031, ascribing to the growing use of cosmetic products among men and women in their daily routine, and rising awareness about healthy skin and hair around the world. Along with these, escalating number of launches of cosmetic products, and increasing usage of natural ingredients in cosmetics are also expected to drive the growth of the market in the forthcoming years.
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The market is segmented by ingredient, category and application. Based on ingredient, the peptides segment is anticipated to occupy the largest share during the forecast period in view of the ability of peptides to reduce wrinkles, ease inflammation, minimize breakouts and promote a healthier skin. Additionally, by category, the skin care segment is projected to acquire the largest share over the forecast period attributing to the growing utilization of skin care products in the world, especially among millennials.
Geographically, the global cosmetic bioactive ingredients market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. North America is evaluated to gather the largest share in the market during the forecast period attributing to the escalating production of cosmetic products, and strong presence of major market players in the region. Moreover, the market in Asia Pacific is assessed to witness noteworthy growth over the forecast period on the back of the rapidly rising urbanization, and growing demand for luxury care products in the region.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
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Growing Usage of Cosmetic Products Among Men and Women in Their Daily Routine to Drive Market Growth
Over the last two decades, awareness about the benefits of following skin care and hair care routines has increased. This in turn has raised the demand for cosmetic products with ingredients that not only provide an appealing appearance but is also beneficial for the skin, which is anticipated to drive market growth significantly in the near future.
However, surging consciousness about the side-effects of cosmetics is expected to operate as key restraint to the growth of the global cosmetic bioactive ingredients market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global cosmetic bioactive ingredients market which includes company profiling of Symrise AG, Solvay S.A., The DOW Chemical Company, Evonik Industries AG, Lonza AG, Givaudan SA, Clariant AG, Croda International plc, Ashland Global Specialty Chemicals Inc., Koninklijke DSM N.V., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global cosmetic bioactive ingredients market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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