The Cosmetic Ingredients Market is being driven by Growing demand for natural and organic cosmetic ingredients
The Cosmetic Ingredients Market is expected to grow at a CAGR of 8.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 6571.3 million. In the cosmetics industry, there is a growing emphasis on clean labeling, which signifies the reduced usage of synthetic ingredients in cosmetic formulations. This trend prioritizes transparency, safety, and authenticity, leading to a decline in the adoption of artificial and synthetic components. Major players in the global cosmetic ingredients market, including DSM and BASF, are responding to this demand by expanding their offerings of clean-label ingredients. Companies are focusing on organic and sustainable methods for producing ingredients, while cosmetic brands are promoting the use of natural components to uphold clean labeling and ensure formulation clarity.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
245 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.2% |
Market growth 2025-2029 |
USD 6571.3 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
7.4 |
Key countries |
US, China, Japan, Germany, South Korea, France, India, Canada, Brazil, and Italy |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Cosmetic Ingredients Market is focused on advanced technologies and trends, including Plant Cell Culture and Microbiome Science. Key areas of interest are Skin Barrier Function, Hydration, Elasticity, and Repair. Anti-inflammatory and Anti-pollution Ingredients are in demand, as well as Hair Damage Repair, Texture, Volume, and Color Protection. Fragrance Notes and Olfactory Marketing are essential for consumer appeal. Ethics and Transparency in Ingredient Sourcing, Supply Chain, Bio-based Polymers, Recyclable Materials, and Compostable Packaging are also prioritized. Minimalist Formulations, Personalized Beauty, AI-powered Skincare, Predictive Analytics, and Skincare Diagnosis are driving innovation. Ingredient efficacy, safety, allergen testing, dermatological testing, interactions, and synergies are crucial for product claims and consumer trust.
The global commodity chemicals market encompasses businesses primarily engaged in the production of industrial and basic chemicals, such as plastics, synthetic fibers, films, commodity-based paints and pigments, explosives, and petrochemicals. Notably, this market excludes companies producing diversified chemicals, fertilizers and agricultural chemicals, industrial gases, and specialty chemicals. Key growth drivers for the commodity chemicals market include the expanding demand for plastic packaging. As plastic is the predominantly utilized material in the global packaging industry, the increasing preference for lightweight, corrosion-resistant packaging solutions has fueled continuous innovation, subsequently impacting the demand for chemicals in the manufacture of plastic packaging materials.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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