The global organic
personal care ingredients market size is projected to reach USD
11.1 billion by 2025, according to a new report by Grand View Research, Inc.,
exhibiting a CAGR of 5.5% during the forecast period. Increasing demand for
organic and natural products for skin care and hair care is the key factor
driving the market.
Rising awareness regarding personal health and safety
is expected to provide an impetus to the market over the forecast period.
Rising disposable income, coupled with improving standard of living of
middle-class working population in emerging economies, is anticipated to boost
the growth of the organic personal care ingredients market.
Some of the major growth stimulants of the market are
rising concerns regarding use of chemicals in cosmetics and spiraling demand
for natural and organic skincare products. Growing concerns regarding health
& safety, consumer awareness about the use of synthetic chemicals, and
increasing importance given to environmentally viable products are estimated to
fuel the demand for organic and natural skin care products and associated
ingredients over the coming years.
Emollients held a significant share in the market in
2017 and are likely to continue this trend over the forecast period. Demand for
emollients is poised to be largely driven by positive trends in the cosmetic,
skin care, and hair care industries. Moreover, rising awareness about personal
grooming and care is projected to boost their demand over the forecast period.
Furthermore, rising purchasing power in countries such as India, Mexico, and Brazil
are leading to an increase in purchase of organic cosmetics and other personal
care products.
North America was the largest market for organic
personal care ingredients in 2017. The region will continue to dominate the
market until 2025. Spiraling consumption of organic personal care products in
the region, owing to rising awareness regarding positive effects of natural
ingredients such as turmeric and neem is contributing to the growth of the
regional market. In addition, favorable regulatory support in Mexico for new
investments in the personal care market is poised to open new avenues for
market growth over the forecast period.
Browse full research report on Organic Personal Care Ingredients
Further
key findings from the report suggest:
- In terms of product, the sugar polymers segment is projected to
cross a valuation of USD 5.0 billion by 2025, at a CAGR of 7.7% from 2018
to 2025
- In terms of revenue, the active ingredients segment is expected to
rise at a CAGR of 6.7% over the forecast period, since they are
responsible for absorption and acne reduction of skin, and thus used in a
variety of skin care formulations
- Skin care dominated the global market in terms of revenue,
commanding over one third of the market in 2017, owing to the ability of
natural ingredients to impart antioxidation properties and improve skin
health when used in skin care product formulations
- The global revenue for natural ingredients is anticipated to reach
USD 4.7 billion by 2025, rising at a CAGR of 5.4% from 2017 to 2025
- The U.S. organic personal care ingredients market is anticipated to
exceed 2,249 kilotons by 2025, owing to presence of various manufacturers
and suppliers of organic personal care ingredients in the country
- The market for organic personal care ingredients is highly
competitive with presence of a number of multinational companies with huge
product portfolios
- Some of the key companies present in the market are Cargill,
Incorporated; BASF SE; The Lubrizol Corporation; Croda International Plc;
Huntsman International LLC.; Ingredion Incorporated; J. RETTENMAIER &
SÖHNE GmbH + Co KG (JRS); Taj Agro International; and Dupont Pioneer.
Browse more reports of this category
by Grand View Research: www.grandviewresearch.com/industry/specialty-and-fine-chemicals
Grand
View Research has segmented the global organic personal care ingredients market
on the basis of product, application, and region.
Organic
Personal Care Ingredients Type Outlook (Volume, Kilotons; Revenue, USD Million;
2014 - 2025)
- Organic
- Natural
Organic
Personal Care Ingredients Product Outlook (Volume, Kilotons; Revenue, USD
Million, 2014 - 2025)
- Natural
surfactants
- Emollients
- Active
ingredients
- Sugar
polymers
- Natural
preservatives
- Others
Organic
Personal Care Ingredients Application Outlook (Volume, Kilotons; Revenue, USD
Million, 2014 - 2025)
- Skin care
- Hair care
- Oral care
- Cosmetics
- Others
Organic
Personal Care Ingredients Regional Outlook (Volume, Kilotons; Revenue, USD
Million, 2014 - 2025)
- North America
- U.S
- Canada
- Europe
- U.K.
- Germany
- Asia Pacific
- China
- India
- Japan
- Central &
South America
- Brazil
- Middle East
& Africa
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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