Cosmetic Antioxidants Market to grow USD 178 million by 2028

"Increase in aging population to drive the cosmetic antioxidants market."

In terms of value, the cosmetic antioxidants market is estimated to grow from USD 132 million in 2023 to USD 178 million by 2028, at a CAGR of 6.2%. In developed countries, consumer awareness about ingredients used in cosmetic products is high, and there is a preference for natural antioxidants over synthetic. For example, consumers in the US and European countries seek natural antioxidants in skincare, haircare, and makeup products due to their health benefits and fewer side effects. Synthetic cosmetic antioxidants are inexpensive and in high demand in developing countries. This trend can also be attributed to less stringent regulations regarding the use of synthetic antioxidants in cosmetic products, especially in developing countries as compared to regulations in developed economies.

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"UV protection is expected to be the fastest-growing function of the cosmetic antioxidants market, in terms of value, during the forecast period."

Long exposure to ultraviolet (UV) radiation from the sun or artificial UV sources causes premature aging of the skin, which is known as photoaging. Photoaging is primarily triggered by reactive oxygen species (ROS), which causes biological damage to the skin and leads to sunburn and tanning; it might also cause skin cancer. Therefore, cosmetic products such as sunscreen lotions and creams are used to overcome the effects of photoaging.

"Synthetic source accounted for the second largest share of the cosmetic antioxidants market, in terms of value, in 2022."

Chemically derived antioxidants are derived through various chemical processes. They are used in cosmetics due to their cost-effectiveness and easy availability. However, the demand for chemically derived antioxidants is decreasing as compared to natural antioxidants, owing to the formulation and stringent implementation of various regulations that restrict their use in cosmetics. Butylated hydroxy anisole (BHA), butylated hydroxytoluene (BHT), and tert-Butylhydroquinone (TBHQ) are the major chemically derived antioxidants used in cosmetics.

"Polyphenols is expected to be the second fastest-growing type of the cosmetic antioxidants market, in terms of value, during the forecast period."

Polyphenols include phytochemicals, such as epigallocatechin gallate, silymarin, genistein, and rosemary extract. Polyphenols have anti-inflammatory and anti-microbial properties. Epigallocatechin gallate is an antioxidant and anti-microbial agent, which is an active constituent of green tea. Epigallocatechin gallate is an antioxidant and anti-microbial agent, which is an active constituent of green tea. Resveratrol is a non-flavanoid type of powerful antioxidant. It helps to protect the surface of the skin against any kind of environmental damage. It also has significant skin-calming properties, which help to minimize the redness of the skin.

"Hair care application accounted for the second largest share of the cosmetic antioxidants market, in terms of value, in 2022."

Hair care is a term used for hair-related hygiene and cosmetology. Different types of hair care products are manufactured to address different types of hair problems, such as dry hair, frizzy hair, and breaking hair. These products help to regulate the behavior and properties of hair to maintain and improve its texture and appearance. Cosmetic antioxidants are used in various combinations to form the desired formulation to address specific hair-related problems. These antioxidants help to limit the effect of free radicals and oxidation caused by the sun, smoke, and pollution. Antioxidants such as green tea and vitamins are widely used to prevent hair loss, as they prevent the follicle from shrinking and stimulate the growth of new and healthy hair.

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