Cosmetic Bioactive Ingredients Market to Grow at a CAGR of 5.4% to reach US$ 2,215.96 million from 2021 to 2028

The cosmetic bioactive ingredients market is projected to reach US$ 2,215.96 million by 2028 from US$ 1,529.91 million in 2021; it is estimated to grow at a CAGR of 5.4% from 2021 to 2028.

Cosmetics are products made to apply to the skin and hair to cleansing, beautifying, promoting attractiveness, or improving appearance. Amid the active ingredients usually used in this type of preparation, there is a global trend of incorporating vegetable source products due to their commercial appeal, safety, and rich composition, often related with a synergistic or multifunctional effect. Botanical extracts are high in secondary metabolites that exist in plants with high structural diversity. Both flavonoids and non-flavonoids are related to interesting cosmetic properties like photoprotection, anti-aging, moisturizing, antioxidant, astringent, anti-irritant, and antimicrobial activity. With their bioactive components and pharmacologic actions, these bioactive ingredients have been shown to provide dermatologic benefits with potential applications for skin rejuvenation, photoprotection, wound healing, and more. The cosmetic bioactive ingredients market growth is primarily attributed to the rising preference for natural ingredients in cosmetic products and increasing numberof bioactive ingredientsbeing launched. However, stringent regulatory frameworks are restricting the Cosmetic Bioactive Ingredients market growth.

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Cosmetic Bioactive Ingredients Market: Strategic Insights

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Market Insights

Increasing consumer demand for natural products is fueling the research related to bioactive substances that can be used in cosmetics. Europe is home to a few of the biggest bioactive ingredient manufacturers and personal care brands, such as BASF and DSM. The launch of bioactive ingredients for the personal care industry is driving the growth of the market. In June 2019, BASF Care Creations launched three new active ingredients for the beauty market, which use rambutan trees that provide skin hydration and rejuvenation. Similarly, in April 2019, Lonza launched the H2OBioEV bioactive ingredient, which is a unique combination of naturally sourced ingredients—Aphanothece Sacrum polysaccharides and Galactoarabinan—with water and glycerin. The ingredient confers moisturization abilities by replenishing essential humectants, which facilitates optimal environment for the formation and maintenance of a strong epidermal protein barrier.

Ingredient Type-Based Insights

Based on ingredient type, the cosmetic bioactive ingredients market is bifurcated 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.

Source-Based Insights

The cosmetic bioactive ingredients market, by sources, 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.

Companies operating in the cosmetic bioactive ingredients market are adopting strategies such as product launches, mergers and acquisitions, collaborations, product innovations, and product portfolio to expand their footprint worldwide, maintain brand name, and meet the growing demand from end users.

Cosmetic Bioactive Ingredients Market Regional Insights

The regional trends and factors influencing the Cosmetic Bioactive Ingredients Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Cosmetic Bioactive Ingredients Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Cosmetic Bioactive Ingredients Market Report Scope

Cosmetic Bioactive Ingredients Market Players Density: Understanding Its Impact on Business Dynamics

The Cosmetic Bioactive Ingredients Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Cosmetic Bioactive Ingredients Market are:

1. Koninklijke DSM N.V.
2. Ajinomoto Co., Inc.
3. Roquette Freres
4. ADM
5. BASF SE

Disclaimer: The companies listed above are not ranked in any particular order.

Cosmetic Bioactive Ingredients Market – by Ingredient Type

• Probiotics and Prebiotics
• Omega-3 Fatty Acids
• Vitamins
• Carotenoids and Antioxidants
• Plant Extracts
• Minerals
• Amino Acids
• Proteins and Peptides
• Others

Cosmetic Bioactive Ingredients Market – by Source

• Plant
• Animal
• Microbial

Cosmetic Bioactive Ingredients Market – by Geography

• North America

  • US
  • Canada
  • Mexico

• Europe

  • France
  • Germany
  • Italy
  • UK
  • Spain
  • Rest of Europe

• Asia Pacific (APAC)

  • China
  • India
  • South Korea
  • Japan
  • Australia
  • Rest of Asia Pacific

• Middle East & Africa (MEA)

  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

• South America (SAM)

  • Brazil
  • Argentina
  • Rest of South and Central America

Company Profiles

• Koninklijke DSM N.V.
• Ajinomoto Co., Inc.
• Roquette Freres
• ADM
• BASF SE
• FMC Corporation
• Vytrus Biotech
• Cargill, Inc.
• Sensient Technologies Corporation
• DUPONT