Organic Personal Care Ingredients Market Rising Demand For Personal Care, Growing Awareness About To Personal Health And Safety By 2027
Organic Personal Care Ingredients Industry Overview
The organic personal care ingredients market size was
estimated at USD 8.08 billion in 2019 and is projected to register a CAGR of
5.4% over the forecast period. Rising demand for personal care, coupled with
growing awareness regarding personal health and safety, is expected to drive
the product demand.
Rising
usage of the products for manufacturing organic and natural personal care
products is anticipated to further fuel the demand. Increasing R&D
investments, technological innovations in ingredient processing, and
cost-effective manufacturing technologies are other factors expected to further
drive the growth of the market.
Organically
cultivated products, such as aloe vera, soybean, fish oil, palm kernel oil, and
jojoba oil are some of the key raw ingredients used for manufacturing organic
and natural personal care goods. They are mainly used for producing cosmetics
and hair, skin, and oral care products. Rising consumer awareness regarding the
harmful effects of conventional, synthetic chemical laden products is
anticipated to create growth opportunities for the market.
Gather more
insights about the market drivers, restrains and growth of the Global Organic Personal Care Ingredients Market
Shelf life is considered the most crucial
element of organic personal care since it plays a key role in the overall
effectiveness of the final product. Commodities labeled organic have to be
consumed within six months to two years from the date of manufacturing,
depending upon the product. For instance, organic shampoos and conditioners can
be used for approximately two years, while moisturizers expire in six months.
Since these goods do not contain chemical preservatives, such as
phenoxyethanol, to help increase their shelf life, they are more susceptible to
harmful bacterial growth if not handled properly. This is expected to pose a
challenge for market growth over the forecast period.
Increasing R&D expenditure for
introducing improved plant extracts into various personal care is expected to
promote demand over the forecast period. Furthermore, various regulations
encouraging the use of these products is likely to boost growth. In addition,
innovations involving oligopeptides, used for increasing efficiency and shelf
life of goods, are also expected to have a positive impact on the product
demand over the forecast period.
Rising awareness about various benefits of
organic over synthetic ingredients has led to an increase in demand over the
past few years. These products are derived from natural resources and are free
from harmful chemicals. Growing awareness regarding the ill effects of
synthetic products on the skin has led to increasing demand for natural
alternatives. This has prompted manufacturers to introduce new products and
increased focus on R&D. As a result, the use of these ingredients has
become a major driving factor for the overall cosmetics and wellness
industries.
Browse
through Grand View Research's Food Additives & Nutricosmetics Industry Research Reports.
· Skin Care Products
Market - The global skin care products market
size was valued at USD 130.50 billion in 2021 and is expected to expand at a
compound annual growth rate (CAGR) of 4.6% from 2022 to 2030. Escalating demand
for face creams, sunscreens, and body lotions across the globe is expected to
have a positive impact on the market growth over the forecast period. Moreover,
the flourishing e-commerce sector is anticipated to boost market growth
further.
· Jojoba Oil Market - The global jojoba oil market size was valued at USD 133.2 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 8.4% from 2020 to 2027. Rising consumer expenditure and improving lifestyle drive the demand for personal care and cosmetic products, such as shampoo, conditioners, and moisturizers, which, in turn, is fostering the market growth. Commercially, the product is sold in two major types, including cold-pressed and refined.
Organic
Personal Care Ingredients Market Segmentation
Grand View Research
has segmented the global organic personal care ingredients market on the basis
of type, product, application, and region:
Organic Personal Care Ingredients Type Outlook (Volume,
Tons; Revenue, USD Million, 2016 - 2027)
·
Organic
·
Natural
Organic Personal Care Ingredients Product Outlook
(Volume, Tons; Revenue, USD Million, 2016 - 2027)
·
Natural Surfactants
·
Emollients
·
Active Ingredients
·
Sugar Polymers
·
Natural Preservatives
·
Others
Organic Personal Care Ingredients Application Outlook
(Volume, Tons; Revenue, USD Million, 2016 - 2027)
·
Skin Care
·
Oral Care
·
Hair Care
·
Cosmetics
·
Others
Organic Personal Care Ingredients Regional Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)
- North America
- Europe
- Asia Pacific
- Central & South America
- Middle East & Africa (MEA)
Key Companies profiled:
Some
prominent players in the global organic personal care ingredients market
include
·
AkzoNobel
·
BASF SE
·
Clariant
International Ltd.
·
Evonik Industries
·
Agrana
Beteiligungs-AG
·
Cargill, Inc.
·
Croda International
plc
·
Galaxy Surfactants
Ltd.
·
GatteFosse SAS
·
Lubrizol
Corporation
·
Ashland, Inc.
·
Silab
·
Solvay
·
Symrise AG
·
Vivimed Labs Ltd.
·
Rita McQueen
Products
Order a free sample PDF of
the Organic Personal Care Ingredients Market Intelligence Study, published by
Grand View Research.
About Grand View Research
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research and consulting company, provides syndicated as well as customized
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opportunities that lie ahead.
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