The Bio-Based Cosmetics and Personal Care Ingredients Market Size is valued at 4686.8 Million in 2022 and is predicted to reach 7208.2 Million by the year 2031 at an 5.0 % CAGR during the forecast period for 2023-2031.
Bio-Based innovations are today’s trend and have affected cosmetic and personal care industries. Over the past decade, cosmetic companies have invested significantly in bio-based ingredients due to the growing consumer demand for advanced cosmetic formulations and efficacious ingredients. Bio-active ingredients derived from natural sources have a well-known positive effect on cosmetic usage, which also serve as an incentive for consumers. Many bio-based ingredients such as Emollients, Conditioning Polymers, Surfactants, Emulsifiers, Rheology Control, Antimicrobials, Others (UV Absorbers and Hair Fixative Polymers) can be used in cosmetics and personal care products.
The growing trend of using organic and natural ingredient-based cosmetic and personal care products is likely to drive market growth. Growing R&D investments, technological advancements in ingredient processing, and cost-effective manufacturing technologies are further expected to drive fuel the market growth. Moreover, Consumers are increasingly demanding natural ingredients and additives in cosmetic products owing to growing consumer awareness regarding the harmful effects of conventional, synthetic chemical-laden products is projected to witness significant growth during the forecast period.
Market Segmentation
The global Bio-Based Cosmetics and Personal Care Ingredients market is categorized on the basis of discovery, product, software, application, and region. On the basis of product type, the market is segmented into Emollients, Conditioning Polymers, Surfactants, Emulsifiers, Rheology Control, Antimicrobials, Others (UV Absorbers and Hair Fixative Polymers). On the basis of Application, the market is segmented into Hair Care, Make-up and Color Cosmetics, Fragrances, and Others (Oral, Hygiene). Based on region, the market is studied across North America, Asia-Pacific, Europe, and LAMEA. Among that, Europe held the largest share of the market, followed by America and Asia Pacific. On the other hand, North America is expected to dominate the market during the analysis of the forecast period.
Competitive Landscape
Some of The Key Players in The Bio-Based Cosmetics and Personal Care Ingredients Market:
- Ashland
- BASF SE
- Clariant
- Covestro AG
- Croda International Plc
- Dow
- DSM
- DuPont Tate & Lyle Bio Products
- Eastman Chemical Company
- ELEMENTIS PLC.
- Evonik Industries AG
- Genomatica, Inc
- Nouryon
- Sollice Biotech
- Solvay
- The Lubrizol Corporation
- Other Prominent Players
The Bio-Based Cosmetics and Personal Care Ingredients Market Report Scope
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Report Attribute |
Specifications |
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Market Size Value In 2022 |
USD 4686.8 Million |
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Revenue Forecast In 2031 |
USD 7208.2 Million |
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Growth Rate CAGR |
CAGR of 5.0 % from 2023 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2023 to 2031 |
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Historic Year |
2019 to 2022 |
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Forecast Year |
2023-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Products, By Applications |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
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Competitive Landscape |
Ashland, BASF SE, Clariant, Covestro AG, Croda International Plc, Dow Chemical, DSM, DuPont Tate & Lyle Bio Products, Eastman Chemical Company, ELEMENTS PLC., Evonik Industries AG, Genomatica, Inc, Nouryon, Sollice Biotech, Solvay, and The Lubrizol Corporation, and Others |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
