North America Cosmetic Bioactive Ingredients Market: Forecast Analysis 2024-2032
Triton’s research analysis states that the cosmetic bioactive ingredients market in North America is estimated to gain revenue at a CAGR of 5.46% over the forecast years 2024-2032.
The North American region accounts for a significant portion of the global demand for cosmetic bioactive ingredients, with a substantial portion of consumers prioritizing products with proven health benefits and minimal environmental impact. Hence, there is a rising preference for clean beauty products, the increasing popularity of anti-aging and multifunctional ingredients, and the growing trend of personalized skincare solutions. Thus, cosmetic products showcase a diverse array of bioactive ingredients, such as peptides, vitamins, antioxidants, and botanical extracts, which are being increasingly integrated into a variety of cosmetic formulations. Additionally, the studied market in this region is also influenced by stringent regulatory standards that promote the use of safe and effective ingredients.
The countries researched in this region include the United States and Canada.
The United States holds the largest market share, achieving around $560.13 million in 2023.
- The cosmetic bioactive ingredients market in the US is characterized by its rapid growth and innovation, driven by increasing consumer demand for natural and sustainable beauty products. This shift towards clean and green beauty trends influenced the adoption of bioactive ingredients over synthetic counterparts.
- The market growth is influenced highly due to the heightened awareness of the benefits of bioactive ingredients, such as antioxidants, vitamins, peptides, and plant extracts, which promote skin health and anti-aging effects.
- The market features a significant focus on research and development, leading to the introduction of advanced formulations that cater to diverse skin types and concerns, reflecting a strong inclination towards bioactive components with unique features.
In recent years, there has been a noticeable shift towards products that are both eco-friendly and scientifically proven to be effective, reflecting a broader trend towards wellness and sustainability in the cosmetic industry. Consequently, the cosmetic bioactive ingredients market in Canada features a diverse range of ingredients sourced from natural origins, including marine and plant-based compounds, which people increasingly prefer. Furthermore, the market is also bolstered by advancements in biotechnology, enabling the development of more effective and potent bioactive ingredients.
The studied market is categorized into ingredient type and source. The ingredient type segment comprises carotenoids and antioxidants, amino acids, omega-3 fatty acids, plant extracts, proteins and peptides, vitamins, probiotics and prebiotics, minerals and other ingredient types. Omega-3 fatty acids are essential for skin cell structure, enhancing the skin’s surface layers for a smoother and healthier appearance. These essential fatty acids (EFAs) are vital for health but cannot be synthesized by the body. Key omega fatty acids include Omega-3, Omega-6, and Omega-9, which are found in fish oils, vegetable oils, safflower, grapeseed, sunflower, olive, and flaxseed oils.
Contender Analysis in the Cosmetic Bioactive Ingredients Market:
Ashland Global Holdings Inc is a consumer market-focused additives and specialty ingredients company headquartered in Delaware, United States. The company serves in the pharmaceutical, architectural coatings, personal care, construction, food, beverage, energy, and nutraceutical industries. Under the personal care segment, the company offers products for oral care, hair care, and skin care with a business presence in North America, Latin America, EMEA and Asia-Pacific.
In April 2024, Ashland showcased three innovative and sustainable additives having unique applications at in-cosmetics Global held in Paris. These high-performing ingredients are Antaron soja glyceride, Softhance mr conditioning agent, and Gantrez soja delivery system.
The other important contenders in the cosmetic bioactive ingredients market are Gattefossé, Solvay, Symrise AG, Lubrizol, Zschimmer & Schwarz, Givaudan, Nouryon, Momentive Performance Materials, and Provital.
NORTH AMERICA COSMETIC BIOACTIVE INGREDIENTS MARKET 2024-2032.pdf
- 1. North America 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. North America Cosmetic Bioactive Ingredients Market – By Source
- 3.1. Plants
- 3.2. Microbials
- 3.3. Animals
- 4. North America 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. North America Cosmetic Bioactive Ingredients Market – By Country Outlook
- 5.1. North America
- 5.1.1. Country Analysis
- 5.1.1.1. United States
- 5.1.1.1.1. United States Cosmetic Bioactive Ingredients Market Forecast & Prospects
- 5.1.1.2. Canada
- 5.1.1.2.1. Canada 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: North America 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: North America Cosmetic Bioactive Ingredients Market, By Source, 2024-2032 (In $ Million)
- Table 7: North America Cosmetic Bioactive Ingredients Market, By Ingredient Type, 2024-2032 (In $ Million)
- Table 8: North America 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: North America Cosmetic Bioactive Ingredients Market, By Source, 2023 & 2032 (In %)
- Figure 5: North America Cosmetic Bioactive Ingredients Market, By Plant, 2024-2032 (In $ Million)
- Figure 6: North America Cosmetic Bioactive Ingredients Market, By Microbial, 2024-2032 (In $ Million)
- Figure 7: North America Cosmetic Bioactive Ingredients Market, By Animal, 2024-2032 (In $ Million)
- Figure 8: North America Cosmetic Bioactive Ingredients Market, By Ingredient Type, 2023 & 2032 (In %)
- Figure 9: North America Cosmetic Bioactive Ingredients Market, By Amino Acids, 2024-2032 (In $ Million)
- Figure 10: North America Cosmetic Bioactive Ingredients Market, By Proteins And Peptides, 2024-2032 (In $ Million)
- Figure 11: North America Cosmetic Bioactive Ingredients Market, By Omega-3 Fatty Acids, 2024-2032 (In $ Million)
- Figure 12: North America Cosmetic Bioactive Ingredients Market, By Plant Extracts, 2024-2032 (In $ Million)
- Figure 13: North America Cosmetic Bioactive Ingredients Market, By Vitamins, 2024-2032 (In $ Million)
- Figure 14: North America Cosmetic Bioactive Ingredients Market, By Probiotics And Prebiotics, 2024-2032 (In $ Million)
- Figure 15: North America Cosmetic Bioactive Ingredients Market, By Carotenoids And Antioxidants, 2024-2032 (In $ Million)
- Figure 16: North America Cosmetic Bioactive Ingredients Market, By Minerals, 2024-2032 (In $ Million)
- Figure 17: North America Cosmetic Bioactive Ingredients Market, By Other Ingredient Types, 2024-2032 (In $ Million)
- Figure 18: North America Cosmetic Bioactive Ingredients Market, By Country Outlook, 2023 & 2032 (In %)
- Figure 19: United States Cosmetic Bioactive Ingredients Market 2024-2032 (In $ Million)
- Figure 20: Canada Cosmetic Bioactive Ingredients Market 2024-2032 (In $ Million)
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