DUBLIN--(BUSINESS WIRE)--Dec 7, 2022--
The "Bio-Based Cosmetics and Personal Care Ingredients Market Report: By Active Ingredient, Application - Revenue Estimation and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
Compared to $4,550.6 million in 2021, the global bio-based cosmetics and personal care ingredients market is projected to generate $7,271.7 million by 2030, advancing at a CAGR of 5.3% during 2021-2030. The expanding cosmetics industry, spreading awareness regarding the side-effects of synthetic chemicals on the skin, and surging influence of advertisement strategies on consumer trust are propelling the market.
In the year 2021, the usage of bio-based elements in skin and sun care solutions generated almost $2 billion in revenue. The dominance of this application on the bio-based cosmetics and personal care ingredients market is mainly due to the increasing awareness regarding sun and skincare products among customers and the involvement of companies in creating natural ingredients for such cosmetics.
Key Findings of Bio-Based Cosmetics and Personal Care Ingredients Market Report
In the years to come, derivatives and vitamins are set to advance with around 5% bio-based cosmetics and personal care ingredients market CAGR. As per the World Bank, in 2020, 65% of the total population was between the ages of 15 and 64. Individuals in this age group are more willing to use bio-based cosmetic products, which contain derivatives and vitamins, to improve their appearance, at the same time protecting themselves from the harmful effects of chemical-based ingredients.
Key Topics Covered:
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Definition of Market Segments
Chapter 6. Industry Outlook
Chapter 7. Global Market Size and Forecast
Chapter 8. North America Market Size and Forecast
Chapter 9. Europe Market Size and Forecast
Chapter 10. APAC Market Size and Forecast
Chapter 11. LATAM Market Size and Forecast
Chapter 12. MEA Market Size and Forecast
Chapter 13. Competitive Landscape
Chapter 14. Company Profiles
Chapter 15. Appendix
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/lhounf
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KEYWORD:
INDUSTRY KEYWORD: COSMETICS RETAIL
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 12/07/2022 11:05 AM/DISC: 12/07/2022 11:06 AM
http://www.businesswire.com/news/home/20221207005627/en