Global Active Ingredients for Cosmetics Industry

Global Active Ingredients for Cosmetics Industry

  • April 2021 •
  • 382 pages •
  • Report ID: 6039744 •
  • Format: PDF
Abstract:
- The global market for Active Ingredients for Cosmetics is projected to reach US$3.9 billion by 2025, driven by the disruptive impact of naturals and the ensuing rise of "Naturaceuticals" as the new buzzword for cosmetic brands to engage with consumers. Green consumer behavior in the cosmetics industry is driven by growing public awareness over the toxic and dangerous chemicals commonly found in beauty and skin care products. Few of the commonly found chemical toxins in shampoos, conditioners, creams, sunscreens, color cosmetics, hair color and skin lighteners include 1,4-dioxane; acrylates; benzophenone & related compounds; butylated compounds; carbon black; cancer-causing carcinogens; coal tar; ethanolamine compounds; ethoxylated ingredients; formaldehyde and formaldehyde-releasing preservatives; homosalate; hydroquinone; lead and other heavy metals; methylisothiazolinone and methylchloroisothiazolinone; mica; nanomaterials; nitrosamines; octinoxate; parabens; petroleum jelly; phenoxyethanol; polyacrylamide; p-phenylenediamine; phthalates; quaternium-15; and styrene acrylates copolymer, among numerous others. These chemicals affect reproductive health, damage cells and cause cancer, and induce allergies. Also, the world currently lacks specific federal rules, laws and certifications for beauty products and cosmetic labeling still continues to be plagued by lack of transparency and use of hidden ingredients.
- This scenario is leading to a non-toxic revolution with consumers increasingly preferring product labels such as herbal, natural and organic. The growing availability of natural alternatives to synthetic antioxidants; emollients; emulsifier; humectant; sebum; and polyphenols promises to expand the palette of natural cosmetics. Popular natural ingredients in cosmetics include olive oil; oats; green tea extracts, vitamin C, licorice extract, beta carotene, avocado oil, soy, witch hazel, aloe vera, willow herb, coconut oil, among others. Aloe Vera, carrot oil, papaya fruit, cucumber and seaweeds are plant-derived natural substances, while honey, collagen, and retinol are animal derived actives. Growing in popularity are prebiotic and probiotic compounds extracted from beneficial bacteria/microorganisms such as Bifidobacterium longum and Lactobacillus plantarum. Research studies have revealed that pre- and probiotics are effective in improving skin health by modulating the cutaneous microbiota. Topical use of probiotic bacteria enhances the skin’s natural defense barriers; encourages resident bacteria to produce antimicrobial peptides; and offers therapeutic benefits for atopic skin diseases. The United States and Europe represent large markets worldwide with a combined share of 56.8% of the market led by aging population in an appearance-obsessed culture that requires continuous innovation in new products. China ranks as the fastest growing market with a CAGR of 7.5% over the analysis period supported by rising disposable incomes; increase in beauty consciousness; preference for expensive international brands; and conducive regulatory climate that prioritize consumer safety without compromising innovation. The China Food and Drug Administration (CFDA) lays down stringent labelling, licensing, certification and safety assessment requirements for cosmetic retailing in the country which encourages the use of safer, natural chemicals.

- Select Competitors (Total 61 Featured) -
  • Ashland, Inc.
  • BASF SE
  • Clariant AG
  • Croda International Plc
  • Evonik Industries AG
  • Gattefossé SAS
  • Givaudan SA
  • Lonza
  • Lucas Meyer Cosmetics
  • Nouryon
  • Seppic SA
  • Symrise AG