Cosmetic Antioxidants Market - 2022 by Manufacturers, Regions, Size, Share, Forecast to 2028 | by BASF SE (Germany), Koninklijke DSM N.V. (Netherlands), Wacker Chemie AG (Germany)

New Jersey, United States - Analysis of Cosmetic Antioxidants Market 2022 to 2028, Size, Share, and Trends by Type, Component, Application, Opportunities, Growth Rate, and Regional Forecast

According to projections, the market for cosmetic antioxidants would grow from USD 119 million in 2022 to USD 158 million in 2028, at a CAGR of 5.9%. In order to extend the shelf life of cosmetic products and shield human cells from harm, cosmetic antioxidants are chemicals included in formulations. The market analysis on cosmetic antioxidants examines both organic and synthetic antioxidants used in a range of cosmetic items, including skincare, haircare, and makeup. Numerous anti-aging, anti-inflammatory, UV protection, moisturizing, and hair-conditioning products make use of these antioxidants. The main antioxidants discussed in this study were vitamin A, vitamin E, butylated hydroxytoluene (BHT), and butylated hydroxyanisole (BHA).

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Although aging is a natural occurrence, antioxidant intake can delay the aging process. One of the major markets for cosmetics is the aging population. Anti-aging skincare products are in high demand due to the world's aging population. More elderly people live in nations with higher median ages, while younger people do in countries with lower median ages. In the first two quarters of 2020, COVID-19 had an impact on the cosmetics industry because of the lockdown and decreased customer demand. An article claims that the epidemic has affected customer behavior in the beauty industry. As customers spend more time at home, they use less haircare and makeup, and more pampering beauty items.

The majority of businesses producing ingredients for cosmetic manufacturers are concentrating on resilient beauty products that place more emphasis on feeling good than on looking good. There have been several advances related to natural resources. Recently, Ashland introduced Phyteq Raspberry, a multipurpose preservative booster that serves as a preservative enhancer to prevent cosmetics from spoiling, while BASF introduced its cosmetic antioxidants derived from rambutan. Additionally, Ashland had created infinite biofunctional, a ground-breaking cosmetic ingredient made from fresh tea leaves with the use of their unique Zeta Fraction technology. These advances are mostly motivated by consumer preferences for products made from natural or herbal sources.

Division segment:

The cosmetic antioxidants market is divided into natural antioxidants and antioxidants generated chemically based on the source. The cosmetic antioxidants market is divided into many types of antioxidants, including açai oil, alpha lipoic acid, green and white tea, retinol, vitamin C, polyphenols, zinc, and others. The market for cosmetic antioxidants is divided into skin care, hair care, makeup, and other categories based on application. The hair conditioning, anti-aging, hair washing, moisturizing, ultra violet protection, and anti-inflammatory categories make up the market for cosmetic antioxidants. The market for cosmetic antioxidants is divided into categories for oily, dry, normal, sensitive, and other skin types. The cosmetic antioxidants market is divided into organic and inorganic segments based on the ingredients used. The cosmetic antioxidants market is divided into low, medium, and high/premium pricing categories based on price range. The cosmetic antioxidants market is divided into residential and commercial segments based on end use. The market for cosmetic antioxidants is divided into offline and online segments based on distribution channels.

Regional analysis:

The market for cosmetic antioxidants has been divided into North America, Europe, APAC, South America, and the Middle East & Africa. In 2019, the market for cosmetic antioxidants was driven by the APAC region. The rising demand for cosmetics as a result of the region's ageing population, rising disposable income, and changing consumer lifestyles is what is driving the growth of the APAC cosmetic antioxidants market.
The market for cosmetic antioxidants is being driven by the rising demand for high-quality cosmetic products that combat the damaging effects of pollution and climate change on skin and hair. The markets for cosmetic antioxidants are developed in North America and Europe. The usage of in certain areas is subject to strict rules of chemically-derived ingredients in cosmetic and personal care products.

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Competitive analysis:

The key market players profiled in the report include as BASF SE (Germany), Koninklijke DSM N.V. (Netherlands), Wacker Chemie AG (Germany), Eastman Chemical Company (US), Lonza Group (Switzerland), Croda International Plc (UK), Ashland Global Holdings (US), Evonik Industries AG (Germany), SEPPIC (France), BTSA Biotecnologías Aplicadas, S.L. (Spain), Kemin Industries, Inc. (US), and Barentz International BV (Netherlands).

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