Anti-Ageing Ingredients Market: Demand For Nutrients in the Diet to Amplify Industry Growth
Anti-ageing ingredients are ingredients that are designed to diminish or reduce the effects and results of ageing. Over the past few years the demand for anti-ageing ingredients has increased as people are getting aware of the benefits present in such ingredients, which keep the skin hydrated. These ingredients are a rich source of carotenoid, flavanols, nitrates, antioxidants, isoflavones, leucine, vitamin C, vitamin E and many others. These ingredients cannot stop ageing, but can slow it down. Anti-ageing ingredients need to be consumed for good health and nutrition. These ingredients are nutrition laden and apart from reducing ageing signs, they also benefit the body by keeping it fit and active. Anti-ageing ingredients keeps skin smooth by working against sun exposure, hydration factor and heredity factor.
Foods containing anti-ageing ingredients are usually wild fish, green leafy vegetables, gooseberry, blueberry, cucumber, guava, tomato, avocado, pomegranate, walnuts, dark chocolate, water, cocoa, beet juice, broccoli, salmon, and many others. These days’ anti-ageing supplements are also available, which is a factor making it convenient for consumers to tend to use more of such ingredients.
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Global Anti-Ageing Ingredients: Market Segmentation
The global anti-ageing ingredients market is segmented on the basis of type, availability, form, application and region type. Types of anti-ageing ingredients are retinol, niacinamide and hyaluronic acid. Retinol contains vitamin A, which has the largest market share among all the types of ingredients present. It is the most effective anti-ageing ingredient present in the market. Niacinamide is a vitamin B3 derivatives and hyaluronic acid acts as a humectant. The anti-ageing ingredients market is segmented on the basis of availability mainly into natural/organic, ayurvedic and synthetic. Food containing natural/organic ingredients are leafy vegetable, fruits, water and others. Synthetic ingredients are laden with certain chemicals, which are not good in the long run. Among the three available types of ingredients natural or organic anti-ageing ingredients are expected to have the largest market share. Consumers as getting aware of harmful effects of synthetic products, inclines to own more of natural products.
The global anti-ageing ingredients market is also segmented on the basis of form primarily into powder, liquid, paste and others. These ingredients can be consumed as powder by mixing with any liquid (water, milk, juice, etc.). As a paste it can be applied over the face instead of consumption. Liquid form can be consumed directly. Powder ingredients occupies the largest market share due to its solubility and easy availability characteristics.
The anti-ageing ingredients market is segmented on the basis of applications such as cosmetics, chemicals, food & beverages and others. These ingredients are used widely in cosmetics products. Hence, the global anti-ageing ingredients market is expected to significantly increase the revenue contribution over the forecast period.
Global Anti Ageing Market: Regional Outlook
Geographically, the global anti-ageing ingredients industry can be divided by major regions which include North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Globally, among all regions, Asia, Latin America and Europe has developed as the most dominant region in global anti-ageing ingredients market. There are many practices in China and India like using paste of green tea and white tea, warm cup of ginger tea, which enables growth of market in Asia Pacific. In Mexico sugar and lemon juice is used as a scrub to prevent skin from ageing. France uses grape seed extract as it contains antioxidants, which booms the demand for anti-ageing ingredients in Europe. Increasing anti-ageing awareness benefits has strengthened the growth of global anti-ageing ingredients market and hence is projected to significantly expand the revenue contribution of the market over the forecast period.
Global Anti-Ageing Ingredients Market: Growth Drivers
The global anti-ageing ingredients market driving factors are increasing demand for antioxidants and nutrients in the diet. These types of ingredients hydrate the complexion of skin and keep them looking the best of what they are. Antioxidants reduces cellular ageing as it contains flavonols, vitamin C and anthocyanins, thus driving the demand for the anti-ageing ingredients in the market. Moreover, consumers are getting more aware and conscious about their skin and tend to eat healthy foods, which are rich in carotenoids, essential nutrients and vitamins and all other ingredients and minerals that keep skin happy. Presence of collagen in anti-ageing ingredients is also a driving factor identified for the market. These collagen helps prevents skin from wrinkle. The other driving factors of global anti-ageing ingredients market is the rising awareness of usage of natural skincare products that contains fruits and vegetable based ingredients instead of artificial ingredients. Hence, along with changing consumer preferences, the growth of global anti-ageing ingredients market is significantly increasing over the forecast period.
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Global Anti-Ageing Ingredients Market: Players
Some of the key players identified across the value chain of the global anti-ageing ingredients market includes Lasons, Mercola Skin Care, DSM, Cargill, Incorporated, Allergan India Private Limited, ADEKA, J&JCI, BASF, Galderma S.A. and VIVACY Laboratories. The companies are expected to expand their business by enhancing their product portfolio in global anti-ageing ingredients market. The companies are projected to frame certain strategies in future in order to gain the competitive advantage in global anti-ageing ingredients market till 2024.
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