Cosmetic Bioactive Ingredients Market to Attain $2230.73 Million by 2028

As per Triton's market report, the global cosmetic bioactive ingredients market garnered revenue worth $1502.66 million in 2021. It is further anticipated to reach a CAGR of 5.84% by 2028.

A recent study by Triton Market Research titled Global Cosmetic Bioactive Ingredients Market includes Global Analysis and Forecasts by Ingredient (Proteins and Peptides, Minerals, Omega-3 Fatty Acids, Vitamins, Amino Acids, Probiotics and Prebiotics, Plant Extracts, Other Ingredients), Source (Microbial, Animal, Plant), and by Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa).

Bioactive ingredients help improve the performance of metabolic activities that promote health. These ingredients in cosmetic products offer various benefits, such as anti-wrinkling, anti-aging, UV protection, etc.

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Triton's report states that the global cosmetic bioactive ingredients market is expected to attain revenue worth $2230.73 million by 2028, growing at a CAGR of 5.84% during the forecast period 2022-2028.

Over the years, the demand for personal products has gained momentum worldwide. This has stimulated companies to manufacture more products, especially for women. However, the rising consciousness about appearance has increased the demand for personal care products among men. This has ultimately led to the production of male-centric products, including beard oil. Therefore, the growing skincare trend is expected to widen the scope and growth of the studied market.

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On the contrary, cosmetic ingredients used in products like body wash, shampoo, and others contain surfactants that are harmful to the environment. Thus, the side effects and harmful impact of cosmetic products restrict the global market's growth.

The cosmetic bioactive ingredients market is bifurcated into ingredient and source. The ingredient segment includes proteins and peptides, minerals, omega-3 fatty acids, vitamins, amino acids, probiotics and prebiotics, plant extracts, and other ingredients. The source segment is divided into microbial, animal, and plant.

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Globally, North America dominates the cosmetic bioactive ingredients market. This growth can be attributed to the growing interest in sustainability in the cosmetic industry. Several consumers are opting for upcycled ingredients, which has led to the rise in demand for bioactive ingredients. Additionally, the rise in social media influencers has encouraged the mass population to invest in beauty and personal care products. Hence, the rise in the adoption of beauty products supports the growth of the cosmetic bioactive ingredients market in the US and Canada.

Zschimmer & Schwarz, Clariant, Provital, Nouryon, Gattefossé, Ashland Global Holdings Inc, Momentive Performance Materials, Givaudan Active, Dow Chemical Company, Evonik, Solvay, Symrise, Lubrizol, Croda International, and BASF SE are major companies in the cosmetic bioactive ingredients market.

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Question & Answer: Cosmetic Bioactive Ingredients Market

Question 1: What factors are expected to widen the scope and growth of the studied market?
Answer: Over the years, the demand for personal products has gained momentum worldwide. This has stimulated companies to manufacture more products, especially for women. However, the rising consciousness about appearance has increased the demand for personal care products among men. This has ultimately led to the production of male-centric products, including beard oil. Therefore, the growing skincare trend is expected to widen the scope and growth of the studied market.

Question 2: What factors restrict the global cosmetic bioactive ingredients market's growth?
Answer: Cosmetic ingredients used in products like body wash, shampoo, and others contain surfactants that are harmful to the environment. Thus, the side effects and harmful impact of cosmetic products restrict the global market's growth.

Question 3: Which region dominates the food allergen testing market?
Answer: Globally, North America dominates the cosmetic bioactive ingredients market. This growth can be attributed to the growing interest in sustainability in the cosmetic industry. Several consumers are opting for upcycled ingredients, which has led to the rise in demand for bioactive ingredients. Additionally, the rise in social media influencers has encouraged the mass population to invest in beauty and personal care products. Hence, the rise in the adoption of beauty products supports the growth of the cosmetic bioactive ingredients market in the US and Canada.

Question 4: Which are the major companies in the cosmetic bioactive ingredients market?
Answer: Zschimmer & Schwarz, Clariant, Provital, Nouryon, Gattefossé, Ashland Global Holdings Inc, Momentive Performance Materials, Givaudan Active, Dow Chemical Company, Evonik, Solvay, Symrise, Lubrizol, Croda International, and BASF SE are major companies in the cosmetic bioactive ingredients market.

Related Report:

Global Cosmetic Dyes Market - https://www.tritonmarketresearch.com/reports/cosmetic-dyes-market#report-overview

According to Triton Market Research, the global cosmetic dyes market is anticipated to grow at a CAGR of 4.91% over the forecast period 2021-2028.
Cosmetic dyes are used to add colors to cosmetics, acting as a major selling point. They are used in various products, including nail and face makeup products.

Factors such as a rise in disposable income, a surge in women's workforce, and social media trends drive the cosmetic dyes market globally. Additionally, demand for vegan cosmetics and 3D printed makeup technology creates opportunities for the studied market.

However, stringent regulation and increasing chemical awareness hamper the cosmetic dyes market's growth.

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