Bio-based Cosmetics and Personal Care Ingredients Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019-2029, Segmented By Active Ingredients ; By Application ; By Region

Description

Global Bio-based Cosmetics and Personal Care Ingredients Market Size Set to Cross USD 7 Billion by 2029.

Global bio-based cosmetics and personal care ingredients market is flourishing because of rising concerns about the environmental impact of chemical-based personal care products, increasing consumer awareness regarding the benefits of using bio-based products, and high disposable income and changing lifestyles of consumers.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global bio-based cosmetics and personal care ingredients market size at USD 4,887.55 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the global bio-based cosmetics and personal care ingredients market size to grow at a steady CAGR of 4.48% reaching a value of USD 7,048.25 million by 2029. Major growth drivers for global bio-based cosmetics and personal care ingredients market include growing industrial automation and investment capacities of industrial customers in increasing demand for natural and sustainable products, as well as the increasing awareness about the harmful effects of synthetic chemicals used in cosmetics and personal care products. Consumers are becoming more conscious about the impact of their choices on the environment and are looking for natural and sustainable products. Bio-based cosmetics and personal care ingredients are derived from renewable resources and are considered more sustainable and environmentally friendly than their synthetic counterparts. The clean beauty movement emphasizes the use of natural, non-toxic, and eco-friendly products coupled with rising disposable income in emerging economies are driving demand for premium cosmetics and personal care products, including those made from bio-based ingredients.

Global Bio-Based Cosmetics and Personal Care Ingredients Market - Overview:

Bio-based cosmetics and personal care ingredients are ingredients that are derived from renewable resources, such as plants, algae, and microorganisms. These ingredients are considered more sustainable and environmentally friendly compared to their synthetic counterparts, as they have a lower environmental impact and are biodegradable. Bio-based ingredients offer a range of benefits for the skin and hair, such as hydration, anti-aging, and anti-inflammatory properties. They are used in a variety of personal care and cosmetic products, including skin care, hair care, makeup, and fragrances. Bio-based cosmetics and personal care ingredients are becoming increasingly popular due to the growing demand for natural and sustainable products, as well as the increasing awareness about the harmful effects of synthetic chemicals used in cosmetics and personal care products.

Impact of COVID-19 on Global Bio-Based Cosmetics and Personal Care Ingredients Market

COVID-19 pandemic had a dual impact on the global bio-based cosmetics and personal care ingredients market. While supply chain disruptions caused delays in the production and distribution of raw materials, leading to some shortages and increased prices, the pandemic also led to a shift in consumer preferences toward natural and sustainable products. It resulted in an increased demand for bio-based cosmetics and personal care ingredients, as consumers become more conscious of the impact of their choices on the environment and their health. Also, the pandemic highlighted the importance of clean beauty and personal hygiene, leading to an increased demand for bio-based ingredients in personal care and hygiene products.

Global Bio-Based Cosmetics and Personal Care Ingredients Market - By Application:

Based on application, global bio-based cosmetics and personal care ingredients market is divided into Skin & Sun Care, Hair Care, Make-up, Color Cosmetics, and Fragrances segments. The skin & sun care segment dominates the global bio-based cosmetics and personal care ingredients market, due to the increasing demand for natural and safe products. Bio-based ingredients used in skin and sun care products are considered safer and more sustainable alternatives to synthetic ingredients, appealing to consumers who are concerned about the impact of synthetic chemicals on their skin and health. Consumers are paying more attention to skin protection with increasing awareness of the harmful effects of UV radiation, and bio-based ingredients in sun care products, such as natural UV filters, offer effective sun protection while being safe and eco-friendly. Moreover, bio-based ingredients in skin & sun care products offer multiple benefits, such as moisturizing, anti-aging, and skin brightening effects, making them a popular choice among consumers.

Competitive Landscape:

Major players operating in global bio-based cosmetics and personal care ingredients market include: BASF SE, Clariant International Ltd., Croda International Plc, Dow Inc., Eastman Chemical Company, Evonik Industries AG, Givaudan SA, International Flavors & Fragrances Inc., Koninklijke DSM N.V., L'Oreal S.A., Lonza Group AG, Royal DSM N.V., Symrise AG, The Lubrizol Corporation, and Wacker Chemie AG. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Bio-Based Cosmetics and Personal Care Ingredients Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Bio-Based Cosmetics and Personal Care Ingredients Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC22095

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. Global Bio-based Cosmetics and Personal Care Ingredients Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Increasing consumer awareness regarding the benefits of using bio-based products
  - 3.2.1.2. Rising concerns about the environmental impact of chemical-based personal care products
  - 3.2.1.3. Rising disposable income and changing lifestyles of consumers
- 3.2.2. Restraints
  - 3.2.2.1. Limited shelf life of bio-based products as compared to synthetic products
  - 3.2.2.2. Difficulty in formulating bio-based products with consistent quality and effectiveness
- 3.2.3. Opportunities
  - 3.2.3.1. Increasing investment in research and development of bio-based ingredients for personal care products
  - 3.2.3.2. Increasing demand for multifunctional personal care products with added benefits
- 3.2.4. Challenges
  - 3.2.4.1. Lack of awareness and understanding among consumers
3.3. Technology Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. Global Bio-based Cosmetics and Personal Care Ingredients Market Overview

4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
- 4.1.2. Market Share and Forecast
- 4.1.3. By Active Ingredients
  - 4.1.3.1. Vitamins and Derivatives
  - 4.1.3.2. Ceramides
  - 4.1.3.3. Peptides
  - 4.1.3.4. Resveratrol
  - 4.1.3.5. Potassium Sorbate
  - 4.1.3.6. Bio-Succinic Acid
  - 4.1.3.7. Hyaluronic Acid
  - 4.1.3.8. Glycerin
  - 4.1.3.9. Creatine
  - 4.1.3.10. Alpha Hydroxy Acids
  - 4.1.3.11. Others
- 4.1.4. By Application
  - 4.1.4.1. Skin and Sun Care
  - 4.1.4.2. Hair Care
  - 4.1.4.3. Make-up
  - 4.1.4.4. Color Cosmetics
  - 4.1.4.5. Fragrances
  - 4.1.4.6. Others
- 4.1.5. By Region
  - 4.1.5.1. North America
  - 4.1.5.2. Europe
  - 4.1.5.3. Asia Pacific (APAC)
  - 4.1.5.4. Latin America (LATAM)
  - 4.1.5.5. Middle East and Africa (MEA)

5. North America Bio-based Cosmetics and Personal Care Ingredients Market

5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
- 5.2.1. By Active Ingredients
- 5.2.2. By Application
- 5.2.3. By Country
  - 5.2.3.1. United States
  - 5.2.3.1.1. By Active Ingredients
  - 5.2.3.1.2. By Application
  - 5.2.3.2. Canada
  - 5.2.3.2.1. By Active Ingredients
  - 5.2.3.2.2. By Application

6. Europe Bio-based Cosmetics and Personal Care Ingredients Market

6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
- 6.2.1. By Active Ingredients
- 6.2.2. By Application
- 6.2.3. By Country
  - 6.2.3.1. Germany
  - 6.2.3.1.1. By Active Ingredients
  - 6.2.3.1.2. By Application
  - 6.2.3.2. United Kingdom
  - 6.2.3.2.1. By Active Ingredients
  - 6.2.3.2.2. By Application
  - 6.2.3.3. Italy
  - 6.2.3.3.1. By Active Ingredients
  - 6.2.3.3.2. By Application
  - 6.2.3.4. France
  - 6.2.3.4.1. By Active Ingredients
  - 6.2.3.4.2. By Application
  - 6.2.3.5. Spain
  - 6.2.3.5.1. By Active Ingredients
  - 6.2.3.5.2. By Application
  - 6.2.3.6. Belgium
  - 6.2.3.6.1. By Active Ingredients
  - 6.2.3.6.2. By Application
  - 6.2.3.7. Russia
  - 6.2.3.7.1. By Active Ingredients
  - 6.2.3.7.2. By Application
  - 6.2.3.8. The Netherlands
  - 6.2.3.8.1. By Active Ingredients
  - 6.2.3.8.2. By Application
  - 6.2.3.9. Rest of Europe
  - 6.2.3.9.1. By Active Ingredients
  - 6.2.3.9.2. By Application

7. Asia-Pacific Bio-based Cosmetics and Personal Care Ingredients Market

7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
- 7.2.1. By Active Ingredients
- 7.2.2. By Application
- 7.2.3. By Country
  - 7.2.3.1. China
  - 7.2.3.1.1. By Active Ingredients
  - 7.2.3.1.2. By Application
  - 7.2.3.2. India
  - 7.2.3.2.1. By Active Ingredients
  - 7.2.3.2.2. By Application
  - 7.2.3.3. Japan
  - 7.2.3.3.1. By Active Ingredients
  - 7.2.3.3.2. By Application
  - 7.2.3.4. South Korea
  - 7.2.3.4.1. By Active Ingredients
  - 7.2.3.4.2. By Application
  - 7.2.3.5. Australia & New Zealand
  - 7.2.3.5.1. By Active Ingredients
  - 7.2.3.5.2. By Application
  - 7.2.3.6. Indonesia
  - 7.2.3.6.1. By Active Ingredients
  - 7.2.3.6.2. By Application
  - 7.2.3.7. Malaysia
  - 7.2.3.7.1. By Active Ingredients
  - 7.2.3.7.2. By Application
  - 7.2.3.8. Singapore
  - 7.2.3.8.1. By Active Ingredients
  - 7.2.3.8.2. By Application
  - 7.2.3.9. Vietnam
  - 7.2.3.9.1. By Active Ingredients
  - 7.2.3.9.2. By Application
  - 7.2.3.10. Rest of APAC
  - 7.2.3.10.1. By Active Ingredients
  - 7.2.3.10.2. By Application

8. Latin America Bio-based Cosmetics and Personal Care Ingredients Market

8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
- 8.2.1. By Active Ingredients
- 8.2.2. By Application
- 8.2.3. By Country
  - 8.2.3.1. Brazil
  - 8.2.3.1.1. By Active Ingredients
  - 8.2.3.1.2. By Application
  - 8.2.3.2. Mexico
  - 8.2.3.2.1. By Active Ingredients
  - 8.2.3.2.2. By Application
  - 8.2.3.3. Argentina
  - 8.2.3.3.1. By Active Ingredients
  - 8.2.3.3.2. By Application
  - 8.2.3.4. Peru
  - 8.2.3.4.1. By Active Ingredients
  - 8.2.3.4.2. By Application
  - 8.2.3.5. Rest of LATAM
  - 8.2.3.5.1. By Active Ingredients
  - 8.2.3.5.2. By Application

9. Middle East & Africa Bio-based Cosmetics and Personal Care Ingredients Market

9.1. Market Size & Forecast, 2019-2029
- 9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
- 9.2.1. By Active Ingredients
- 9.2.2. By Application
- 9.2.3. By Country
  - 9.2.3.1. Saudi Arabia
  - 9.2.3.1.1. By Active Ingredients
  - 9.2.3.1.2. By Application
  - 9.2.3.2. UAE
  - 9.2.3.2.1. By Active Ingredients
  - 9.2.3.2.2. By Application
  - 9.2.3.3. Qatar
  - 9.2.3.3.1. By Active Ingredients
  - 9.2.3.3.2. By Application
  - 9.2.3.4. Kuwait
  - 9.2.3.4.1. By Active Ingredients
  - 9.2.3.4.2. By Application
  - 9.2.3.5. South Africa
  - 9.2.3.5.1. By Active Ingredients
  - 9.2.3.5.2. By Application
  - 9.2.3.6. Nigeria
  - 9.2.3.6.1. By Active Ingredients
  - 9.2.3.6.2. By Application
  - 9.2.3.7. Algeria
  - 9.2.3.7.1. By Active Ingredients
  - 9.2.3.7.2. By Application
  - 9.2.3.8. Rest of MEA
  - 9.2.3.8.1. By Active Ingredients
  - 9.2.3.8.2. By Application

10. Competitive Landscape

10.1. List of Key Players and Their Offerings
10.2. Global Bio-based Cosmetics and Personal Care Ingredients Market Share Analysis, 2022
10.3. Competitive Benchmarking, By Operating Parameters
10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

11. Impact of Covid-19 on Global Bio-based Cosmetics and Personal Care Ingredients Market

12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

12.1. BASF SE
12.2. Clariant International Ltd.
12.3. Croda International Plc
12.4. Dow Inc.
12.5. Eastman Chemical Company
12.6. Evonik Industries AG
12.7. Givaudan SA
12.8. International Flavors & Fragrances Inc.
12.9. Koninklijke DSM N.V.
12.10. L'Oreal S.A.
12.11. Lonza Group AG
12.12. Royal DSM N.V.
12.13. Symrise AG
12.14. The Lubrizol Corporation
12.15. Wacker Chemie AG
12.16. Other Prominent Players

13. Key Strategic Recommendations

14. Research Methodology

14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
14.2. Quantitative Research
14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
14.4. Breakdown of Primary Research Respondents, By Region
14.5. Assumptions & Limitations