Report Ocean offers a thorough analysis of the Bio-Based Cosmetics and Personal Care Ingredients Market, including assessments of business solutions, studies and advancements, applications, advantages, benefits, and breadth. This market research study on Bio-Based Cosmetics and Personal Care Ingredients Market provides a thorough analysis and improvement of the important business producers, opportunities, difficulties, and worldwide suppliers as well as a close investigation of risks and access restrictions. Additionally, it provides a competitive analysis of the most recent technological advancements, innovations, future market potential, industry share, sales, sales generation, funding analysis, and overall business environment.
Global Bio-Based Cosmetics and Personal Care Ingredients Market is valued at approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $$ over the forecast period 2022-2028.
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Bio-Based Cosmetics and Personal Care Ingredients are type of cosmetics additive that are extracted from plant-based sources and genetically modified microorganisms. These ingredients are mainly extracted by using different extraction methods including cold pressing, steam distillation, and solvent extraction among others. The increasing demand for natural & organic cosmetics products and growing awareness towards ill impact of synthetic chemicals as well as strategic initiatives from leading market players are key factors accelerating the market growth.
According to Statista- in 2021, the global market for natural cosmetics and personal care was estimated at USD 30 billion, and the market is projected to grow to USD 50.5 billion by 2027. Moreover, as per Statista – in 2019, the global market for natural and organic skin care products was estimated at USD 4.75 billion, and the market is projected to grow to USD 7.2 billion by 2024. Also, rising shift towards application of Bio-Based Ingredients and growing emergence of male personal care products would create lucrative growth prospectus for the market over the forecast period. However, the high cost associated with Bio-Based Cosmetics and Personal Care Ingredients impedes the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Bio-Based Cosmetics and Personal Care Ingredients Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share due to factors such as presence of leading market players as well as increasing demand for organic personal care products in the region. Whereas Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising emergence of natural ingredients based personal care products as well as growing penetration of leading market players in the region.
Major market players included in this report are:
BASF SE
Covestro AG
DSM
Clariant
DOW
Dynamic Blending Specialists
Croda International Plc
Evonik Industries AG
Elementis Plc
Corbion N.V.
Recent Developments in the Market:
In July 2022, Dow entered in a partnership with Vietnam based BSB Nanotechnology Joint Stock Company, a leader in rice husk-based specialty silica to expand its bio-based, low-carbon ingredients offerings.
In September 2022, BASF entered in a partnership with USA based RiKarbon Inc. to license and commercialize proprietary technology from RiKarbon. This new technology from RiKarbon offers upcycling of bio-waste into bio-based, biodegradable emollients for the personal care sector.
Global Bio-Based Cosmetics and Personal Care Ingredients Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Active Ingredients, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Active Ingredients
Vitamins and Derivatives
Ceramides
Peptides
Resveratrol
Potassium Sorbate
Bio-Succinic Acid
Hyaluronic Acid
Glycerin
Creatine
Alpha Hydroxy Acids
By Application
Skin and Sun Care
Hair Care
Make-Up and Color Cosmetics
Fragrances
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
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