Global Cosmetic Bioactive Ingredients Market to Develop at a CAGR of 5.84% by 2028

1
Global Cosmetic Bioactive Ingredients Market to
Develop at a CAGR of 5.84 by 2028
Triton Market Research presents the Global
Cosmetic Bioactive Ingredients Market segmented
Source (Plant, Microbial, Animal), Ingredient
(Amino Acids, Proteins and Peptides, Omega-3
Fatty Acids, Plant Extracts, Vitamins, Probiotics
and Prebiotics, Minerals, Other Ingredients), and
Geography (North America, Latin America, Europe,
Asia-Pacific, and the Middle East and
Africa). The report also discusses the Market
Summary, Industry Outlook, Impact of COVID-19,
Key Insights, Porters Five Forces Analysis, Key
Impact Analysis, Market Attractiveness Index,
Vendor Scorecard, Industry Components, Regulatory
Framework, Key Market Strategies, Drivers,
Challenges, Opportunities, Competitive Landscape,
Research Methodology Scope, Global Market Size,
Forecasts Analysis (2022-2028).
Request Free sample https//www.tritonmarketrese
arch.com/reports/cosmetic-bioactive-ingredients-
marketrequest-free-sample Based on Tritons
research report, the global cosmetic bioactive
ingredients market is anticipated to witness
growth at a CAGR of 5.84 during the forecast
period 2022-2028.
2
Bioactive ingredients are widely used in cosmetic
and personal care products offering various
benefits, including UV protection, skin
whitening, tanning, reduction, anti-wrinkling,
and anti-aging. In recent years, the beauty
industry has witnessed substantial growth.
Several chemical- based products are phased out
and replaced by products containing bioactive
ingredients. This is mainly on account of the
inclusion of potentially harmful and
non-biodegradable ingredients. This has
encouraged market players to shift their focus
from fossil-based to bio- based ingredients.
Therefore, the expansion of the cosmetic industry
and increasing demand for products drive the
cosmetic bioactive ingredients market. However,
the side effects of products and harmful impact
on the environment impede the studied markets
growth globally. The Asia-Pacific is expected to
witness the fastest growth over the forecast
period. The changing lifestyle is a major factor
supporting the high demand for cosmetic and
personal care products. Korean beauty or K-beauty
products have gained immense popularity in the
region. In this regard, the step-by-step skincare
routine has increased the demand for products
such as serum, cleansers, toners, moisturizers,
etc. Therefore, the changing lifestyle trends are
expected to augment the growth of the cosmetic
bioactive ingredients market. The prominent
companies thriving in the cosmetic bioactive
ingredients market include Nouryon, Givaudan
Active, Clariant, Dow Chemical Company, BASF SE,
Momentive Performance Materials, Symrise,
Lubrizol, Croda International, Gattefossé,
Ashland Global Holdings Inc, Zschimmer Schwarz,
Evonik, Provital, and Solvay. Several new
players are introducing products containing
bioactive ingredients, resulting in high RD
costs. However, the implementation of stringent
regulatory policies has restricted the launch of
various cosmetic and personal care products.
Further, existing players are competing heavily
in various segments, including oral, skin, and
hair care. Therefore, based on these factors, the
threat of new players is moderate, while the
competition among existing players is
high. Contact Us sales_at_tritonmarketresearch.co
m Phone [phone]