Global Organic Personal Care Ingredients Market Size By Type (Emollients, Surfactants), By Application (Skin Care, Hair Care), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Organic Personal Care Ingredients Market Size And Forecast

Organic Personal Care Ingredients Market size was valued at USD 7.72 Billion in 2019 and is projected to reach USD 10.65 Billion by 2027, growing at a CAGR of 4.75% from 2020 to 2027.

Rising personal disposable income has resulted in increased consumer consciousness that drives the organic personal care ingredients market. Growing concerns regarding safety and health, coupled with the adverse effects of using synthetic chemicals are likely to significantly fuel the organic personal care ingredients market. The Global Organic Personal Care Ingredients Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Organic Personal Care Ingredients Market Definition

Organic Personal Care Ingredients are Organically cultivated products, such as aloe vera, soybean, fish oil, palm kernel oil, and jojoba oil. These are some of the crucial raw ingredients used for manufacturing both organic as well as natural personal care goods. They are mainly used in the production of cosmetics and hair, skin, and oral care products.

Global Organic Personal Care Ingredients Market Overview

Hey, so with people having more money to spend, they're also becoming way more aware of what's actually in their products, which is really giving the organic personal care ingredients market a boost. People are definitely worried about staying safe and healthy, and honestly, who wants to deal with the yucky side effects of all those synthetic chemicals? That's probably going to keep driving demand for organic ingredients. But, and this is a big but, the shelf life of these organic ingredients is a real issue. Think about itorganic shampoos and conditioners might last a couple of years, but moisturizers can go bad in just six months! Because "organic" stuff needs to be used pretty quickly after it's made, and since they don't have those chemical preservatives to keep them fresh, nasty bacteria can start growing. That could definitely slow things down for the organic personal care ingredients market in the future.

Increasing R&D expenditure for introducing improved plant extracts into various personal care is expected to promote demand and make supplies efficient over the forecasted period. Furthermore, various regulations encouraging the use of these products are likely to boost market growth. Additionally, innovations such as oligopeptides, used for increasing efficiency and shelf life of goods, are also expected positively affect the product demand over the forecasted period.

Rising awareness about various benefits of organic over synthetic ingredients with an increase in standard of living has increasedthe demand of organic products over the past few years. These products are derived from natural resources and are absolutely free from harmful chemicals. Manufacturers are encouraged to introduce new products and place an increased focus on R&D as a result of increasing consumer preference for natural products.

In the current market scenario, the market strategies such as mergers and acquisitions and the development of customer-specific products is expected to work well for the ingredient and product manufacturers. Additionally, the strategy of developing country-specific products for the ingredient and organic product manufacturers such that consumers can find products that suit their skin tone, skin type, and environmental conditions prove to be fruitful in the current market scenario.

Global Organic Personal Care Ingredients Market Segmentation Analysis

The Global Organic Personal Care Ingredients Market is segmented On The Basis of Type, Application, And Geography.

Organic Personal Care Ingredients Market, By Type

  • Emollients
  • Surfactants
  • Emulsifiers
  • Rheology Modifiers
  • Conditioning Polymers
  • Other

Based on Type, the market is bifurcated into Emollients, Surfactants, Emulsifiers, Rheology Modifiers, Conditioning Polymers and Other. Growing consumer awareness regarding the infringing effects of synthetic chemicals used in personal care products and toiletries is likely to propel the demand for organic ingredients. Changing consumer perception toward artificially manufactured chemicals will strengthen the market in near future. However, animal-derived ingredients have witnessed a downward trend owing to growth of laws governing animal rights coupled with changing consumer attitudes towards the production process of these ingredients as well as concerns related to the spreading of diseases.

Organic Personal Care Ingredients Market, By Application

  • Skin Care
  • Hair Care
  • Oral Care
  • Make-up

Based on Application, the market is bifurcated into Skin Care, Hair Care, Oral Care and Make-up. Skin care products are likely to witness the greatest growth in the application segment of the organic personal care products.

Organic Personal Care Ingredients Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

Based on Geography, the Global Organic Personal Care Ingredients Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Adoption of the Montreal and Kyoto Protocols by Canada and the U.S., for limiting Greenhouse Gas (GHG) emissions has encouraged product manufacturers to deploy organic and natural ingredients in their product offerings, since synthetic ingredient emissions are harmful to the environment.

Additionally, the increasing consumption of skincare, haircare, and cosmetics in China and India, aided by new product launches as well as raising awareness regarding aging, effects of UV radiation, and hair fall, is likely to have a positive impact on the Organic Personal Care Ingredients Market due to increased demand in the Asia Pacific region. There has been a significant rise in the middle-class population in countries, such as Indonesia, Vietnam, and Malaysia, among others. Currently, these countries import the most basic personal care products, such as shampoos, soaps, and other grooming products.

Key Players

The “Global Organic Personal Care Ingredients Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Cargill, Incorporated, BASF SE, The Lubrizol Corporation, Croda International Plc, Huntsman International LLC., Jarrow Formulas, Inc., AEP Colloids, Grain Millers, Inc., PRIDE SEEDS, and SG Ceresco Inc. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2016-2027

BASE YEAR

2019

FORECAST PERIOD

2020-2027

HISTORICAL PERIOD

2016-2018

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Cargill, Incorporated, BASF SE, The Lubrizol Corporation, Croda International Plc, Huntsman International LLC., Jarrow Formulas, Inc., AEP Colloids, Grain Millers, Inc., PRIDE SEEDS, and SG Ceresco Inc.

SEGMENTS COVERED
  • By Type
  • By Application
  • By Geography
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