PUBLISHER: MarketsandMarkets | PRODUCT CODE: 2120867
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 2120867
The vegetable oils in beauty and personal care market is estimated to be USD 5.84 billion in 2026 and is projected to reach USD 7.72 billion by 2031 at a CAGR of 5.8%.
| Scope of the Report | |
|---|---|
| Years Considered for the Study | 2022-2031 |
| Base Year | 2025 |
| Forecast Period | 2026-2031 |
| Units Considered | Value (USD Million) and Volume (KT) |
| Segments | Type, application, nature, processing method, function, and region |
| Regions covered | North America, Europe, Asia Pacific, South America, and Rest of the World (RoW) |
"Coconut oil is driving market growth through its widespread use in skincare and haircare formulations"
Coconut oil is a dominant oil within the vegetable oils segment of the beauty and personal care market. It is derived from Cocos nucifera and is an important vegetable oil used across the beauty and personal care industry due to its broad cosmetic applicability, multiple commercial grades, and established agricultural supply base. Commercial suppliers such as Gustav Heess Oleochemische Erzeugnisse GmbH (Germany) offer coconut oil in refined Ph. Eur., hydrogenated, organic refined, and organic virgin grades, providing formulators with different physical and processing characteristics for cosmetic applications. Hydrogenated coconut oil, for example, is converted from the natural liquid oil into a solid fat, while organic refined and organic virgin grades provide options for natural and organic product positioning. Coconut oil is used in a wide range of cosmetic applications, including creams, scrubs, deodorants, makeup removers, massage oils, lip-care, nail-care, and hair-care products, with the supplier also positioning it as a moisturizer for dry skin and hair. Overall, Coconut oil significantly supports market growth through its multifunctional use across hair care, skin care, body care, and other personal-care products, along with its diverse commercial grades and widespread cultivation and availability.

"The skin care application segment is estimated to dominate the vegetable oils in beauty and personal care market due to the moisturizing, hydrating, and skin-conditioning properties of the oils"
The skin care segment is a major application area for vegetable oils in the beauty and personal care market, owing to the moisturizing, emollient, nourishing, and skin-conditioning properties of the oils. A review of 27 clinical studies involving 17 vegetable oils, including coconut, olive, sunflower, almond, argan, and avocado oils, highlighted their role in improving skin hydration by reducing transepidermal water loss (TEWL). These properties support the widespread use of vegetable oils in moisturizers, creams, lotions, and other skincare formulations. The growing availability of specialized vegetable-oil ingredients, such as moringa and sweet almond oils, and their incorporation into products targeting dry and rough skin are further expanding the use of vegetable oils in skincare, making the Skin Care segment a key contributor to the growth of the vegetable oils in beauty and personal care market.
"By nature, the conventional segment is estimated to dominate the vegetable oils in beauty and personal care market due to the widespread adoption, reliable supply, and suitability of conventional oil for large-scale cosmetic production"
By nature, the conventional segment represents a major component of the vegetable oils in beauty and personal care market, supported by the extensive use of plant-derived oils such as coconut, sunflower, rapeseed, soybean, castor, and palm-derived oils in skincare, haircare, color cosmetics, and personal hygiene products. The conventional segment continues to maintain its leading position as these oils provide widely available and commercially accessible ingredient options for beauty & personal care manufacturers. In comparison, products making USDA organic claims must comply with organic production, handling, processing, and labeling requirements under the USDA National Organic Program, with certification requirements applying to relevant operations. This supports the continued use of conventional vegetable oils as accessible ingredient options for beauty and personal care manufacturers.
"Asia Pacific is estimated to dominate the global vegetable oils in beauty and personal care market due to the strong consumer demand and expanding beauty and personal care industry"
Asia Pacific is expected to dominate the vegetable oils in beauty and personal care market, supported by the region's expanding beauty and personal care industry, growing consumer preference for natural and plant-based products, and strong availability of vegetable oil sources. Rising demand for skincare and haircare products, increasing disposable incomes, rapid urbanization, and growing investments in cosmetic manufacturing further support regional growth. Additionally, the presence of major vegetable oil producers and cosmetic ingredient manufacturers, along with increasing adoption of clean-label and sustainable formulations, strengthens Asia Pacific's leading position in the global vegetable oils in beauty and personal care market.
In-depth interviews have been conducted with chief executive officers (CEOs), directors, and other executives from various key organizations operating in the vegetable oils in beauty and personal care market.
Prominent companies in the market include BASF SE (Germany), ADM (US), Cargill, Incorporated (US), Croda International plc (UK), Vantage (US), All Organic Treasures GmbH (Germany), Sophim (France), AOS Products Pvt. Ltd. (India), CREMER OLEO GmbH & Co. KG (Germany), Hallstar (US), Louis Dreyfus Company (Netherlands), AAK (Sweden), Henry Lamotte Oils (Germany), Gustav Heess Oleochemische Erzeugnisse GmbH (Germany), Rmayra Naturals Impex (India), and others.
Research Coverage
This research report categorizes the vegetable oils in beauty and personal care market by type (coconut oil, palm oil and palm kernel oil, olive oil, sunflower oil and other vegetable oils), application (skin care, hair care, bath & body care, color cosmetics, and other applications), nature (conventional, organic), processing method (cold pressed, expeller pressed, solvent extracted, refined, virgin/extra virgin), function (emollients, skin conditioning agent, hair conditioning agent, moisturizing agent, carrier oil, cleansing and surfactant base), and region (North America, Europe, Asia Pacific, South America, Rest of the World).
The report's scope encompasses detailed information on the major factors, including drivers, restraints, challenges, and opportunities, that influence the growth of the vegetable oils in beauty and personal care industry. A thorough analysis of the key industry players has been done to provide insights into their business, services, key strategies, contracts, partnerships, agreements, product launches, mergers & acquisitions, and recent developments associated with the vegetable oils in beauty and personal care market. This report provides a competitive analysis of emerging startups in the vegetable oils in beauty and personal care market ecosystem. Furthermore, the study covers industry-specific trends, including technology analysis, ecosystem & market mapping, and patent & regulatory landscape, among others.
Reasons to Buy This Report
The report provides market leaders/new entrants with information on the closest approximations of revenue numbers for the overall vegetable oils in beauty and personal care and its subsegments. It will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.