Organic cosmetic ingredients market size is expected to be driven by demand for naturally sourced products and rise in consumer health consciousness.
U.S. organic cosmetic ingredients market size accounted for more than 30% of the global share in 2015. Asia Pacific is expected to witness notable growth over the forecast period owing to increase in standard of living and growth in natural cosmetic ingredients products demand from countries such as China, Japan and India.
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Organic cosmetic ingredients market includes plant extracts, proteins, vitamins, waxes (shea butter, coconut, groundnut, palm, and palm kernel oil), thickening agents, oil & fats, additives, preservatives and perfumery oils. Increase in health concerns and growth in green technology trend is replacing synthetic products such as parabens, aluminum salts, phthalates and petrochemical which are toxic and hazardous to health.
Key applications are segmented into various personal care products such as hair care, skin care, fragrance, oral, bath, soap, and personal hygiene. Skin care products were the dominant segment, and accounted for more than 32% of the global market share in the same year. Increase in anti-aging product demand and increase in female consumption of skin care products in China are likely to boost organic cosmetic ingredients market size.
Oral care segment accounted for more than 10% of the overall revenue in 2015 and is likely to increase at high rate due to increase in dental problems. Natural ingredients based oral care products are considered to protect against bleeding gums, gum disease, and periodontal disease. Companies such as Unilever and Colgate-Palmolive have included herbal ingredients including salt, neem, and clove in their product range.
Hair care is anticipated to be a lucrative segment owing to demand for products devoid of ammonia, sulfur, and paraben. Increasing reliability on natural ingredients for hair fall control, dandruff protection, and maintaining overall hair health is likely to foster demand for the organic cosmetic ingredients industry.
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Growing popularity of cosmetic products such as skin whitening cream, face wash, moisturizing lotions, sunscreen lotion, facial wipes, and deodorants among the male population is likely to create growth opportunity for the organic cosmetic ingredients market over the forecast period.
This latest Organic Cosmetic Ingredients Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Organic Cosmetic Ingredients Market industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.
report, “Organic Cosmetic Ingredients Market Size, Industry Analysis Report, Regional Outlook (U.S., Germany, UK, Italy, Russia, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2016 – 2023.”, in detail along with the table of contents.
Key Insights in this Report
- Global Organic Cosmetic Ingredients Market size & forecast by product & application
- Growth drivers, pitfalls & industry challenges
- Key Organic Cosmetic Ingredients Market growth opportunities & emerging business models
- Competitive benchmarking with market share analysis and company profiles
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