Organic Personal Care Ingredients Market Is Expected To Expand Due To Rising Demand For Personal Car
Organic Personal Care Ingredients Industry Overview
The organic personal care ingredients market size was estimated at USD 8.08 billion in 2019 and is projected to register a CAGR of 5.4% over the forecast period. Rising demand for personal care, coupled with growing awareness regarding personal health and safety, is expected to drive the product demand.
Rising usage of the products for manufacturing organic and natural personal care products is anticipated to further fuel the demand. Increasing R&D investments, technological innovations in ingredient processing, and cost-effective manufacturing technologies are other factors expected to further drive the growth of the market.
Organically cultivated products, such as aloe vera, soybean, fish oil, palm kernel oil, and jojoba oil are some of the key raw ingredients used for manufacturing organic and natural personal care goods. They are mainly used for producing cosmetics and hair, skin, and oral care products. Rising consumer awareness regarding the harmful effects of conventional, synthetic chemical laden products is anticipated to create growth opportunities for the market.
Gather more insights about the market drivers, restrains and growth of the Global Organic Personal Care Ingredients Market
Shelf life is considered the most crucial element of organic personal care since it plays a key role in the overall effectiveness of the final product. Commodities labeled organic have to be consumed within six months to two years from the date of manufacturing, depending upon the product. For instance, organic shampoos and conditioners can be used for approximately two years, while moisturizers expire in six months. Since these goods do not contain chemical preservatives, such as phenoxyethanol, to help increase their shelf life, they are more susceptible to harmful bacterial growth if not handled properly. This is expected to pose a challenge for market growth over the forecast period.
Increasing R&D expenditure for introducing improved plant extracts into various personal care is expected to promote demand over the forecast period. Furthermore, various regulations encouraging the use of these products is likely to boost growth. In addition, innovations involving oligopeptides, used for increasing efficiency and shelf life of goods, are also expected to have a positive impact on the product demand over the forecast period.
Rising awareness about various benefits of organic over synthetic ingredients has led to an increase in demand over the past few years. These products are derived from natural resources and are free from harmful chemicals. Growing awareness regarding the ill effects of synthetic products on the skin has led to increasing demand for natural alternatives. This has prompted manufacturers to introduce new products and increased focus on R&D. As a result, the use of these ingredients has become a major driving factor for the overall cosmetics and wellness industries.
Browse through Grand View Research's Food Additives & Nutricosmetics Industry Research Reports.
Skin Care Products Market - The global skin care products market size was valued at USD 130.50 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.6% from 2022 to 2030. Escalating demand for face creams, sunscreens, and body lotions across the globe is expected to have a positive impact on the market growth over the forecast period. Moreover, the flourishing e-commerce sector is anticipated to boost market growth further.
Hair And Scalp Care Market - The global hair and scalp care market size was valued at USD 80.81 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.6% from 2021 to 2028. Growing concerns among consumers and the availability of new, more effective, and safer hair care products have led to a significant increase in the use of these products, which, in turn, boosted the market growth. The beauty and personal care industry comprising skin care, cosmetics, hair care, and personal care has been affected by the COVID-19 pandemic as there have been widespread retail and convenience store closures leading to the weakening sales of various hair and scalp care products in the global market.
Organic Personal Care Ingredients Market Segmentation
Grand View Research has segmented the global organic personal care ingredients market on the basis of type, product, application, and region:
Organic Personal Care Ingredients Type Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)
Organic
Natural
Organic Personal Care Ingredients Product Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)
Natural Surfactants
Emollients
Active Ingredients
Sugar Polymers
Natural Preservatives
Others
Organic Personal Care Ingredients Application Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)
Skin Care
Oral Care
Hair Care
Cosmetics
Others
Organic Personal Care Ingredients Regional Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)
North America
Europe
Asia Pacific
Central & South America
Middle East & Africa (MEA)
Key Companies profiled:
Some prominent players in the global organic personal care ingredients market include
AkzoNobel
BASF SE
Clariant International Ltd.
Evonik Industries
Agrana Beteiligungs-AG
Cargill, Inc.
Croda International plc
Galaxy Surfactants Ltd.
GatteFosse SAS
Lubrizol Corporation
Ashland, Inc.
Silab
Solvay
Symrise AG
Vivimed Labs Ltd.
Rita McQueen Products
Order a free sample PDF of the Organic Personal Care Ingredients Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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