Frost Radar: Personal Care Functional Ingredients, 2023

Frost Radar™: Personal Care Functional Ingredients, 2023

Personal care functional ingredients are derived from natural and synthetic sources, including surfactants, emulsifiers, rheology modifiers, emollients, and humectants. The ingredients have a wide range of applications across various industries.

Functional ingredients in personal care products alter the physical properties of the final formulation to aid the delivery of active ingredients to the desired site of action. The global personal care and cosmetics sector is expanding with increased demand for naturally derived products. Consumers increasingly pay attention to product labels and demand transparency and traceability. Numerous global surveys indicate that many customers are willing to pay more or switch to brands with “natural,” “clean-label,” and “sustainable” claims. This trend is expected to boost the growth of the naturally derived personal care functional ingredients industry.

This Frost Radar™ analysis offers a perspective on global market trends and assesses 15 leading providers of personal care functional ingredients. Frost & Sullivan analyzed and benchmarked these manufacturers across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. This publication presents competitive profiles of each company, considering their strengths and the opportunities that best fit those strengths.