Anti-Aging Ingredients Market Forecast to 2031 | Growth Insights

The anti-aging ingredients market size is projected to reach US$ 2 billion by 2031 from US$ 1 billion in 2023. The market is expected to register a CAGR of 8% during 2023–2031. Natural ingredients, multiple-step skincare routines, and obsession with glass skin are likely to remain key trends in the anti-aging ingredients market.

Anti-Aging Ingredients Market Analysis

Organic skincare products reduce the occurrence of irritation, itching, or other skin concerns when used routinely. These products help in tightening the skin by regulating oil production; they also lower the incidence of skin allergies and breakouts. With the increasing penetration of social media networks, awareness about the benefits of organic personal care products, including anti-aging products, is also growing. Further, herbal beauty products, especially anti-aging products, have gained significant traction as these products are claimed to be vegan, natural, cruelty-free, organic, and halal. As a result, many manufacturers are launching products enriched with anti-aging ingredients, thereby driving the anti-aging ingredients market growth. For example, Evonik Industries offers an extract with high antioxidant content. The organic black current bio extract is rich in phenolic compounds and anthocyanins that help decelerate natural aging.

Anti-Aging Ingredients Market Overview

Anti-aging skin care products are infused with ingredients that repair the damaged skin due to prolonged exposure to sun, pollution, and dust particles, thereby rejuvenating the skin’s texture. Chemical peel, retinol, peptides, leucine, antioxidants, niacinamide, carotenoids, vitamin C, hyaluronic acid, vitamin E, and flavonoids are among the ingredients that have anti-aging properties. The demand for anti-aging products is driven by the growing awareness of the benefits associated with anti-aging products. Thus, the increased demand for anti-aging products contributes to the growth of the market for anti-aging ingredients.

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Anti-Aging Ingredients Market: Strategic Insights

Anti-Aging Ingredients Market

• Market Size 2023
  US$ 1 Billion
• Market Size 2031
  US$ 2 Billion

Market Dynamics

GROWTH DRIVERS

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FUTURE TRENDS

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OPPORTUNITIES

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Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Product Type

• Chemical Peels
• Sunscreen Ingredients
• Peptides
• Hyaluronic Acid
• Antioxidants
• Retinol
• Niacinamide
• Others

Application

• Cosmetics & Personal Care and Nutraceuticals

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Anti-Aging Ingredients Market Drivers and Opportunities

Rising Demand for Anti-Aging Products Due to Early Aging  to Favor Market

Balancing a healthy diet with extended work schedules has become strenuous for people in this fast-paced life. As a consequence, it has resulted in premature aging. Nevertheless, the rising awareness of early aging problems among the younger population promotes the traction of anti-aging products. Anti-aging ingredients are used in cosmetics, personal care products, as well as cosmeceuticals that help prevent sun damage, reduce aging, and make skin appear youthful. Anti-aging ingredients slow down the aging process by repairing the damaged skin due to prolonged exposure to sun, dust particles, and pollution. Anti-aging ingredients also work against heredity factors as well as certain deficiencies, making the skin look young and fresh. Carotenoids, antioxidants, vitamin C, vitamin E, leucine, and flavonoids are among the predominantly used anti-aging ingredients.

Due to increased disposable income levels and improved lifestyles, people are actively investing in products that help them look youthful and rejuvenating. This factor will continue to propel the anti-aging ingredients market growth during the forecast period

Rising Awareness of Anti-Aging Cosmeceuticals to Provide Robust Growth Opportunities

The demand for natural, organic, cruelty-free, plant-based, and clean-label ingredients increased as people became concerned about their health, especially after the COVID-19 outbreak. The perception of people changed as they experienced the benefits of products that focussed on inner beauty or beauty-from-within. The demand for cosmeceuticals that reduce the aging process also increased during the pandemic due to the rising beauty-from-within trend.

Anti-Aging Ingredients Market Report Segmentation Analysis

Key segments that contributed to the derivation of the anti-aging ingredients market analysis are ingredient type and application.

• Based on ingredient type, the anti-aging ingredients market is divided into SPF, peptides, hyaluronic acid, antioxidants, retinol, niacinamide, ceramides, and others. The retinol segment held the largest market share in 2023. Retinol increases the skin elasticity and slows down the production of melanin. It also reduces clogging of pores and skin inflammation. Retinol improves the appearance of skin by reducing fine lines and wrinkles, making the skin look soft, supple, and youthful. It fades the dark spots and evens out the rough patches on the skin. The rising awareness of the benefits of retinol in anti-aging is driving its demand in the anti-aging ingredients market.
• In terms of application, the market is bifurcated into cosmetics & personal care and nutraceuticals. The cosmetics & personal care segment dominated the market in 2023. The demand for anti-aging cosmetics is majorly driven by factors such as rising emphasis on anti-aging, availability of a wide range of products of different brands across various online and offline retail stores, and rising disposable income, especially in developing countries.

Anti-Aging Ingredients Market Share Analysis by Geography

The geographic scope of the anti-aging ingredients market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.

The Asia Pacific anti-aging ingredients market is expected to register significant growth during the forecast period. Consumers from emerging countries in the region are becoming more aware of skincare due to exposure to social media, especially a growing population aged 13–45 years in countries such as China, India, and Bangladesh. This is expected to fuel the market over the next few years. Moreover, natural ingredients, multiple-step skincare routines, and obsession with glass skin are a few trends in the K-beauty (Korean beauty) industry. Consumers across the region are adopting these trends, which is increasing the demand for anti-aging products.

Also, many people, especially women in the corporate sector, are concerned about their appearance. Due to increased disposable income levels and improved lifestyles, people are actively investing in products that help them look youthful and rejuvenating. This factor is further expected to propel the anti-aging ingredients market growth in the region during the forecast period.

In countries like Japan, the demand for anti-aging ingredients is increasing dramatically due to the rapidly aging population. According to industry statistics, in 2021, people aged 65 years and above in Japan accounted for 29.8% of the total Japanese population. Thus, the presence of potential customer base in Japan drives the anti-aging ingredients market in the country.

Anti-Aging Ingredients Market Market Report Scope

Anti-Aging Ingredients Market News and Recent Developments

The anti-aging ingredients market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for speech and language disorders:

• Symrise is launching a new range of diana food bioactives for use in Beauty from within products. The company is expanding its offer with the development of these differentiating and innovative nutricosmetic ingredients. The range includes a full line of solutions for skin conditioning and anti-aging, skin brightening, as well as hair and nail care. (Source: Anti-Aging Ingredients - Symrise AG, Press Release/Company Website/Newsletter, 2023)
• Givaudan unveils RetiLife, a pioneering 100% natural-origin retinol crafted through biotech (Source: Anti-Aging Ingredients Givaudan, Press Release/Company Website/Newsletter, 2023)
• Seppic launches SAGACIOUS, a biomimetic and eco-designed active ingredient that restores skin firmness. SAGACIOUS is a biomimetic active ingredient, inspired by the behavior of plants in the international space station, to maintain their integrity in zero gravity, synthesize specific molecules from the glycolipid family. Seppic has succeeded in extracting this family of molecules from Himanthalia elongata seaweed using an eco-designed and patented process. (Source: Anti-Aging Ingredients Seppic, Press Release/Company Website/Newsletter, 2023)

Anti-Aging Ingredients Market Report Coverage and Deliverables

The “Anti-Aging Ingredients Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Market dynamics such as drivers, restraints, and key opportunities
• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
• Detailed company profiles