Press release
Soaring Demand for Natural Ingredients Propelling Global Vegetable Oils In Beauty And Personal Care Market Towards $7.95 Billion by 2029
Vegetable Oils In Beauty And Personal Care Market
What Is The Projected Market Size Of The Global Vegetable Oils In Beauty And Personal Care Market And Its Growth Rate?
• The global vegetable oils in beauty and personal care market was worth $5.23 billion in 2024.
• By 2025, the market is projected to reach $5.6 billion, representing a CAGR of 7.0%.
• The market is set to further accelerate to $7.95 billion by 2029, growing at a CAGR of 9.2%.
What Is Driving The Growth In The Vegetable Oils In Beauty And Personal Care Market?
The consumer knowledge on benefits of natural ingredients is contributing to the surge in demand for beauty and personal care products incorporating vegetable oils, which are known to nourish and hydrate skin. Soil Association, a UK-based organization, reported a 15% growth, reaching £147.6 million ($192.72 million) in 2022, in certified organic personal care products thus, illustrating the growing attraction towards natural ingredients, including vegetable oils.
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Who Are the Key Players Driving Vegetable Oils In Beauty And Personal Care Market Growth?
Key players in the market include:
• Cargill Incorporated
• CREMER OLEO GmbH & Co KG
• Sophim Inc.
• Archer-Daniels-Midland Company
• Louis Dreyfus Company B.V.
• OLVEA Group
• Gustav Heess GmbH
• Jayant Agro-Organics Limited
• Sigma Oil Seeds B.V.
• ConnOils LLC
• Unilever plc
What Are The Key Trends In The Vegetable Oils In Beauty And Personal Care Market?
• Innovations in product formulations
• Advancements in extraction techniques
• Collaborations and partnerships
• Incorporation into anti-aging products
• Customization and personalization
What Are The Segments Of The Global Vegetable Oils In Beauty And Personal Care Market?
1) By Type: Orange, Sweet Almond Oil, Coconut Oil, Sesame Oil, Avocado Oil, Argan Oil, Macadamia Oil, Castor Oil, Shea Oil, Other Types
2) By Nature: Conventional, Organic
3) By Applications: Color Cosmetics, Skin Care, Hair Care, Other Applications
Which Region Leads The Vegetable Oils In Beauty And Personal Care Market?
North America led the global vegetable oils in beauty and personal care market in 2024. Growth in other regions, including Asia-Pacific, Western Europe, Eastern Europe, South America, the Middle East, and Africa, is also anticipated.
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What Is Covered In The Vegetable Oils In Beauty And Personal Care Market Global Market Report?
- Market Size Analysis: Analyze the Vegetable Oils In Beauty And Personal Care Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Vegetable Oils In Beauty And Personal Care Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Vegetable Oils In Beauty And Personal Care Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Vegetable Oils In Beauty And Personal Care Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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