Cosmetic Botanical Extracts Market Is Gaining Significant Traction With Givaudan Active Beauty Introducing Ritualessenz Brazil Botanical Extract Range

Botanical extracts are part of the answer to finding the right products for all types of skin. They provide antioxidants, soothing ingredients, and protection from environmental irritants. Botanical extracts for cosmetics are a trend toward natural products for all types of skin and all types of care. Over the years the demand for organic and natural products has increased.

This demand is supported by changing consumer preference from toxic ingredients to safe and gentle products for their hair and skincare formulations. Recently, in May 2021, Atulya introduced veg keratin products including Hair shampoo, hair conditioner, hair mask, and hair oil in India. Furthermore, in March 2021, Lotus Herbals launched D2C clean brand in India. Hence, such factors can stimulate the growth of the cosmetic botanical extracts market.

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As far as geographical impact is concerned, North America seems to be gaining significant traction in the cosmetic botanical extracts market. This is owing to growing consumer awareness of the benefits of natural ingredients in the region. On the contrary, Asia Pacific seems to be exhibiting a positive outlook due to rising disposable income in the region. Recently, in December 2019, Givaudan Active Beauty launched RitualEssenz Brazil botanical extract range.

In addition to using botanical extracts to protect sensitive skin, another reason for their regular use is the avoidance of irritation. Most manufacturers are quick to add fragrances, preservatives, and coloring to make products more appealing to the eye while forgetting to remove any potential irritants before use. When a product is rubbed on irritated skin, it can cause more irritation if any of these ingredients are present. Regardless of these advantageous factors, there are certain aspects that can pose major challenges to the development of the market. For instance, stringent regulations on product approval and international quality standards can limit growth of the market. Furthermore, inadequate supply of raw materials and price fluctuations can impede growth of the cosmetic botanical extracts market.

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Synthetic products specially used for skin and hair care have different adverse effects. Some people have extremely sensitive skin and they are likely to suffer rashes and skin itching due to some type of beauty product. Therefore, these consumers are increasingly preferring naturally-derived ingredients with little to no side effects. Therefore, these factors can potentially augment growth of the cosmetic botanical extracts market in the near future.

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