Natural Personal Care Ingredients Market by Origin (Animal-Derived Ingredients, Microbial-Derived Ingredients, Mineral-Derived Ingredients), Product (Active Ingredients, Emollients, Preservatives), Application - Global Forecast 2024-2030

Natural Personal Care Ingredients Market by Origin (Animal-Derived Ingredients, Microbial-Derived Ingredients, Mineral-Derived Ingredients), Product (Active Ingredients, Emollients, Preservatives), Application - Global Forecast 2024-2030

The Natural Personal Care Ingredients Market size was estimated at USD 3.27 billion in 2023 and expected to reach USD 3.44 billion in 2024, at a CAGR 5.34% to reach USD 4.71 billion by 2030.

Natural personal care ingredients refer to substances derived from natural sources used in the formulation of personal care products. These ingredients are favored for their biocompatibility with the skin and minimal environmental impact. The elevating consumer preference for natural and organic personal care products, driven by an increased awareness of health and environmental concerns, has significantly propelled the demand for these ingredients. The adverse effects of synthetic chemicals in personal care products is driving the usage of natural personal care ingredients. The concern regarding the environmental impact of the production and disposal of synthetic ingredients has shifted both producer and consumer focus towards natural ingredients. The global emphasis on health, wellness, and self-care has increased demand for personal care products made with natural ingredients, perceived as safer and healthier options. Rising governments and regulatory bodies' regulations for mandating the use of safer, non-toxic ingredients in personal care products further propelling the natural ingredients market.

Regional Insights

The Americas, particularly North America, have shown robust growth in the natural personal care ingredients market due to the increasing consumer awareness about the benefits of natural over synthetic products and a growing demand for organic personal care products. Emerging countries, including Brazil, are also contributing to the growth due to their rich biodiversity, which provides a unique opportunity for the development of novel ingredients. Asia-Pacific is witnessing rapid growth in the natural personal care ingredients market, driven by changing consumer preferences toward healthier and safer product options. Countries including China and India have a long history of using natural elements in personal care, and this tradition is translating into a booming commercial market. Increasing disposable incomes, urbanization, and a greater awareness of environmental issues are further propelling the demand in this region. The availability of a diverse range of botanicals and traditional herbs in this area provides a competitive edge in the development of unique personal care formulations. The EMEA region exhibits a strong preference for natural and organic personal care products, largely driven by stringent regulations concerning cosmetic ingredients and a high consumer consciousness regarding the environmental impact and health aspects of personal care ingredients. Europe, in particular, is a dominant market with a strict regulatory environment ensuring the safety and quality of natural personal care products. The Middle East and Africa are gradually catching up, with the Gulf Cooperation Council (GCC) countries showing a growing interest in luxury natural personal care products, aided by their high purchasing power and an increase in consumer awareness about the benefits of using natural ingredients.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Natural Personal Care Ingredients Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Rising awareness about the adverse effects of synthetic chemicals in personal care products
Growing emphasis on health, wellness, and self-care

Market Restraints

High cost of extraction of natural personal care ingredients

Market Opportunities

Growing introduction of new formulations of natural personal care ingredients
Favorable ecosystem for startups of natural personal care ingredients

Market Challenges

Formulation challenges associated with the usage of natural personal care ingredients

Market Segmentation Analysis

Product: Growing usage of natural thickeners & stabilizers to enhance the texture and consistency of personal care products
Application: High potential of natural personal care ingredients across skin care products that address a variety of skin needs

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Natural Personal Care Ingredients Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Natural Personal Care Ingredients Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

New Ashland Transformed Vegetable Oils Technology Platform Generates Gantrez Soja Delivery System For Long-Lasting Actives Retention In Toothpaste And Mouthwash

Ashland introduced the Gantrez soja delivery system specifically for toothpaste and mouthwash applications. This cutting-edge, biodegradable delivery system is sourced from nature and designed to significantly enhance the retention of hydrophobic and water-insoluble active ingredients on oral surfaces, ensuring prolonged efficacy. This novel solution underscores Ashland's commitment to leveraging natural ingredients to advance personal care formulations, offering a greener, more effective option for oral health products.

Croda Successfully Completes Acquisition of Solus Biotech

Croda International Plc has successfully finalized its acquisition of Solus Biotech, after receiving the green light from South Korean regulatory bodies. Solus Biotech is renowned worldwide for its leadership in the development of high-quality, biotechnology-based active substances tailored for the cosmetic and pharmaceutical industries. This strategic move underscores Croda's commitment to expanding its portfolio of natural personal care ingredients, reinforcing its position in the global market.

Solvay Launches Naternal for Regenerative Beauty that Cares for Everyone

Solvay is taking significant steps in harmonizing beauty care with environmental stewardship through its latest innovation, Naternal. This pioneering brand exemplifies the concept of regenerative beauty, prioritizing the well-being of all involved—from the ecosystem and agricultural communities to brands and end consumers. Naternal skillfully merges the forces of nature with scientific innovation to introduce biodegradable beauty care polymers derived from guar and other natural resources. This strategic move not only anticipates consumer demands but also remains aligned with forthcoming regulatory standards. Naternal's product line epitomizes the 'biodegradable by-design' principle, ensuring that considerations regarding a product's end-of-life impact inform the initial stages of development, thereby guaranteeing that both application efficacy and environmental stewardship drive product innovation.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Natural Personal Care Ingredients Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Natural Personal Care Ingredients Market, highlighting leading vendors and their innovative profiles. These include Adeka Corporation, Ashland Inc., BASF SE, Bio-Botanica, Inc., Biopowder, Clariant AG, Corbion NV, Croda International PLC, Dow Chemical Company, Elementis PLC, Evonik Industris AG, Gattefossé SAS, Green Ingredients Co., Ltd., Indena S.p.A., Kao Corporation, Koninklijke DSM N.V., Lonza Group Ltd., Naturex S.A., Nouryon Chemicals Holding B.V., Provital Group, Solvay S.A., Stepan Company, Symrise AG, and The Lubrizol Coproration.

Market Segmentation & Coverage

This research report categorizes the Natural Personal Care Ingredients Market to forecast the revenues and analyze trends in each of the following sub-markets:

Origin
Animal-Derived Ingredients
Microbial-Derived Ingredients
Mineral-Derived Ingredients
Plant-Derived Ingredients
Product
Active Ingredients
Emollients
Preservatives
Surfactants
Thickeners & Stabilizers
Application
Facial Treatment
Fragrances
Hair Care
Makeup
Oral care
Skin Care
Toiletries
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year