Middle East And Africa Cosmetic Bioactive Ingredients Market: Forecast Analysis 2024-2032
Triton’s analysis estimated that the Middle East and Africa cosmetic bioactive ingredients market is set to garner revenue at 3.96% CAGR over the forecast years 2024-2032.
According to the State of the Global Islamic Economy Report 2023/24, the halal cosmetics industry is witnessing substantial growth, with Muslim consumer spending on cosmetics reaching $84 billion in 2022. Due to rising awareness among Islamic consumers regarding skincare and wellness, this region is witnessing a growing demand for natural and organic beauty products, as well as halal cosmetics. The preference for anti-aging products and skin rejuvenation treatments is also contributing to market expansion, as consumers seek products that offer visible and long-lasting effects. Consequently, the cosmetic bioactive ingredients market in the Middle East and Africa is experiencing significant growth driven by several factors, including the region’s harsh climatic conditions and high temperatures, which drive the need for protective skincare solutions.
The countries examined in this region include the United Arab Emirates, Saudi Arabia, Turkey, South Africa, and Rest of Middle East & Africa.
The United Arab Emirates leads with the highest market share, accounting for nearly $10.03 million in 2023.
- According to recent industry data, there has been an increase in the demand for premium skincare products, with a reported 15% rise in sales of natural and organic cosmetics in the country in 2023.
- The rising preference for cosmetics with anti-aging, skin brightening, and sun protection properties is further fueling demand for bioactive ingredients like hyaluronic acid, peptides, and botanical extracts. Additionally, the UAE’s burgeoning beauty and wellness industry, supported by high disposable incomes and a strong retail sector, has accelerated the adoption of these ingredients.
- Thus, the cosmetic bioactive ingredients market in the United Arab Emirates is experiencing significant growth, driven primarily by increasing consumer awareness of natural and sustainable beauty products.
Turkish women are renowned for their beauty, with each city in Turkey reflecting unique beauty standards and ideals. The use of rosewater as a cleanser and hazelnut oil, which is rich in vitamins and fatty acids, makes it a popular skincare choice. These preferences influence the cosmetic bioactive ingredients market by driving demand for natural and traditional ingredients as consumers seek products that align with these beauty practices. The popularity of such ingredients in Turkish beauty routines is pushing cosmetic companies to incorporate similar bioactive components, such as plant extracts and essential oils, into their formulations.
The market segments for cosmetic bioactive ingredients consist of source and ingredient type. The ingredient type segment includes proteins & peptides, vitamins, probiotics & prebiotics, amino acids, Omega-3 fatty acids, plant extracts, minerals, carotenoids & antioxidants, and other ingredient types. Plant extracts are widely used in cosmetic products due to their numerous benefits, such as being rich in vitamins, flavonoids, and other essential nutrients. They serve as natural antioxidants in skincare, offering protective and rejuvenating effects. Sourced from herbs, fruits, flowers, leaves, and minerals, these extracts offer medicinal properties that aid in healing skin issues and reducing wrinkles.
Contender Analysis in the Cosmetic Bioactive Ingredients Market:
Symrise AG develops cutting-edge food ingredients, serving the personal care, health, and nutrition industries. As a leading supplier of cosmetic active ingredients for the personal care sector, the company operates across North America, Latin America, EMEA, and Asia-Pacific. It was established in 1874 and is headquartered in Holzminden, Germany.
In 2023, the company introduced a new line of diana food bioactives designed for ‘Beauty from Within’ products. This range features naturally sourced bioactives, including Type I collagen, vitamins C and A, and polyphenols derived from various fruits.
Some other notable contenders in the cosmetic bioactive ingredients market include Clariant AG, The Dow Chemical Company, Gattefossé, BASF SE, Evonik Industries AG, Croda International PLC, Solvay, etc.
MIDDLE EAST AND AFRICA COSMETIC BIOACTIVE INGREDIENTS MARKET 2024-2032.pdf
- 1. Middle East And Africa Cosmetic Bioactive Ingredients Market - Summary
- 2. Industry Outlook
- 2.1. Impact Analysis On The Cosmetic Bioactive Ingredients Market
- 2.1.1. Covid-19 Impact On The Cosmetic Bioactive Ingredients Market
- 2.2. Porter’s Five Forces Analysis
- 2.2.1. Threat Of New Entrants
- 2.2.2. Threat Of Substitutes
- 2.2.3. Bargaining Power Of Buyers
- 2.2.4. Bargaining Power Of Suppliers
- 2.2.5. Threat Of Competitive Rivalry
- 2.3. Regulatory Framework
- 2.4. Supply Chain Analysis
- 2.4.1. Manufacturers
- 2.4.2. Distributors & Suppliers
- 2.4.3. End-users
- 2.5. Key Buying Impact Analysis
- 2.5.1. Quality
- 2.5.2. Side-effects
- 2.5.3. Product Effectiveness
- 2.5.4. Price
- 2.6. Key Market Strategies
- 2.6.1. Product Launches
- 2.6.2. Acquisitions
- 2.6.3. Business Divestitures & Expansions
- 2.7. Market Drivers
- 2.7.1. Rising Demand For Personal Care Products
- 2.7.2. Companies Introducing Bioactive Ingredients
- 2.8. Market Challenges
- 2.8.1. Side Effects Of Personal Care Products
- 2.8.2. Cosmetic Ingredients’ Harmful Impact On The Environment
- 2.9. Market Opportunities
- 2.9.1. Increase In Male-centric Products
- 2.9.2. Emergence Of Online Retailing
- 2.9.3. Launch Of New Products
- 2.10. Analyst Perspective
- 3. Middle East And Africa Cosmetic Bioactive Ingredients Market – By Source
- 3.1. Plants
- 3.2. Microbials
- 3.3. Animals
- 4. Middle East And Africa Cosmetic Bioactive Ingredients Market – By Ingredient Type
- 4.1. Amino Acids
- 4.2. Proteins & Peptides
- 4.3. Omega-3 Fatty Acids
- 4.4. Plant Extracts
- 4.5. Vitamins
- 4.6. Probiotics & Prebiotics
- 4.7. Carotenoids & Antioxidants
- 4.8. Minerals
- 4.9. Other Ingredient Types
- 5. Middle East And Africa Cosmetic Bioactive Ingredients Market – By Country Outlook
- 5.1. Middle East And Africa
- 5.1.1. Country Analysis
- 5.1.1.1. United Arab Emirates
- 5.1.1.1.1. United Arab Emirates Cosmetic Bioactive Ingredients Market Forecast & Prospects
- 5.1.1.2. Saudi Arabia
- 5.1.1.2.1. Saudi Arabia Cosmetic Bioactive Ingredients Market Forecast & Prospects
- 5.1.1.3. Turkey
- 5.1.1.3.1. Turkey Cosmetic Bioactive Ingredients Market Forecast & Prospects
- 5.1.1.4. South Africa
- 5.1.1.4.1. South Africa Cosmetic Bioactive Ingredients Market Forecast & Prospects
- 5.1.1.5. Rest Of Middle East & Africa
- 5.1.1.5.1. Rest Of Middle East & Africa Cosmetic Bioactive Ingredients Market Forecast & Prospects
- 6. Competitive Landscape
- 6.1. Basf Se
- 6.1.1. Overview
- 6.1.2. Portfolio
- 6.1.3. Key Strengths
- 6.1.4. Key Challenges
- 6.2. Croda International Plc
- 6.2.1. Overview
- 6.2.2. Portfolio
- 6.2.3. Key Strengths
- 6.2.4. Key Challenges
- 6.3. Evonik Industries Ag
- 6.3.1. Overview
- 6.3.2. Portfolio
- 6.3.3. Key Strengths
- 6.3.4. Key Challenges
- 6.4. Clariant Ag
- 6.4.1. Overview
- 6.4.2. Portfolio
- 6.4.3. Key Strengths
- 6.4.4. Key Challenges
- 6.5. The Dow Chemical Company
- 6.5.1. Overview
- 6.5.2. Portfolio
- 6.5.3. Key Strengths
- 6.5.4. Key Challenges
- 6.6. Symrise Ag
- 6.6.1. Overview
- 6.6.2. Portfolio
- 6.6.3. Key Strengths
- 6.6.4. Key Challenges
- 6.7. Lubrizol
- 6.7.1. Overview
- 6.7.2. Portfolio
- 6.7.3. Key Strengths
- 6.7.4. Key Challenges
- 6.8. Ashland Global Holdings Inc
- 6.8.1. Overview
- 6.8.2. Portfolio
- 6.8.3. Key Strengths
- 6.8.4. Key Challenges
- 6.9. Zschimmer & Schwarz
- 6.9.1. Overview
- 6.9.2. Portfolio
- 6.9.3. Key Strengths
- 6.9.4. Key Challenges
- 6.10. Gattefossé
- 6.10.1. Overview
- 6.10.2. Portfolio
- 6.10.3. Key Strengths
- 6.10.4. Key Challenges
- 6.11. Solvay
- 6.11.1. Overview
- 6.11.2. Portfolio
- 6.11.3. Key Strengths
- 6.11.4. Key Challenges
- 6.12. Givaudan
- 6.12.1. Overview
- 6.12.2. Portfolio
- 6.12.3. Key Strengths
- 6.12.4. Key Challenges
- 6.13. Nouryon
- 6.13.1. Overview
- 6.13.2. Portfolio
- 6.13.3. Key Strengths
- 6.13.4. Key Challenges
- 6.14. Momentive Performance Materials
- 6.14.1. Overview
- 6.14.2. Portfolio
- 6.14.3. Key Strengths
- 6.14.4. Key Challenges
- 6.15. Provital
- 6.15.1. Overview
- 6.15.2. Portfolio
- 6.15.3. Key Strengths
- 6.15.4. Key Challenges
- 7. Research Methodology & Scope
- 7.1. Research Scope & Deliverables
- 7.2. Sources Of Data
- 7.3. Research Methodology
- List Of Tables
- Table 1: Middle East And Africa Cosmetic Bioactive Ingredients Market, By Country Outlook, 2024-2032 (In $ Million)
- Table 2: Regulatory Framework
- Table 3: List Of Product Launches
- Table 4: List Of Acquisitions
- Table 5: List Of Business Expansions
- Table 6: Middle East And Africa Cosmetic Bioactive Ingredients Market, By Source, 2024-2032 (In $ Million)
- Table 7: Middle East And Africa Cosmetic Bioactive Ingredients Market, By Ingredient Type, 2024-2032 (In $ Million)
- Table 8: Middle East And Africa Cosmetic Bioactive Ingredients Market, By Country Outlook, 2024-2032 (In $ Million)
- List Of Figures
- Figure 1: Porter’s Five Forces Analysis
- Figure 2: Supply Chain Analysis
- Figure 3: Key Buying Impact Analysis
- Figure 4: Middle East And Africa Cosmetic Bioactive Ingredients Market, By Source, 2023 & 2032 (In %)
- Figure 5: Middle East And Africa Cosmetic Bioactive Ingredients Market, By Plant, 2024-2032 (In $ Million)
- Figure 6: Middle East And Africa Cosmetic Bioactive Ingredients Market, By Microbial, 2024-2032 (In $ Million)
- Figure 7: Middle East And Africa Cosmetic Bioactive Ingredients Market, By Animal, 2024-2032 (In $ Million)
- Figure 8: Middle East And Africa Cosmetic Bioactive Ingredients Market, By Ingredient Type, 2023 & 2032 (In %)
- Figure 9: Middle East And Africa Cosmetic Bioactive Ingredients Market, By Amino Acids, 2024-2032 (In $ Million)
- Figure 10: Middle East And Africa Cosmetic Bioactive Ingredients Market, By Proteins And Peptides, 2024-2032 (In $ Million)
- Figure 11: Middle East And Africa Cosmetic Bioactive Ingredients Market, By Omega-3 Fatty Acids, 2024-2032 (In $ Million)
- Figure 12: Middle East And Africa Cosmetic Bioactive Ingredients Market, By Plant Extracts, 2024-2032 (In $ Million)
- Figure 13: Middle East And Africa Cosmetic Bioactive Ingredients Market, By Vitamins, 2024-2032 (In $ Million)
- Figure 14: Middle East And Africa Cosmetic Bioactive Ingredients Market, By Probiotics And Prebiotics, 2024-2032 (In $ Million)
- Figure 15: Middle East And Africa Cosmetic Bioactive Ingredients Market, By Carotenoids And Antioxidants, 2024-2032 (In $ Million)
- Figure 16: Middle East And Africa Cosmetic Bioactive Ingredients Market, By Minerals, 2024-2032 (In $ Million)
- Figure 17: Middle East And Africa Cosmetic Bioactive Ingredients Market, By Other Ingredient Types, 2024-2032 (In $ Million)
- Figure 18: Middle East And Africa Cosmetic Bioactive Ingredients Market, B Country Outlook, 2023 & 2032 (In %)
- Figure 19: United Arab Emirates Cosmetic Bioactive Ingredients Market 2024-2032 (In $ Million)
- Figure 20: Saudi Arabia Cosmetic Bioactive Ingredients Market 2024-2032 (In $ Million)
- Figure 21: Turkey Cosmetic Bioactive Ingredients Market 2024-2032 (In $ Million)
- Figure 22: South Africa Cosmetic Bioactive Ingredients Market 2024-2032 (In $ Million)
- Figure 23: Rest Of Middle East & Africa Cosmetic Bioactive Ingredients Market 2024-2032 (In $ Million)
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