Europe Lipid Ingredients Market for Cosmetics Worth $3.60 billion by 2028
According to this latest publication from Meticulous Research®, the Europe lipid ingredients market for cosmetics is expected to record a CAGR of 3.9% from 2021 to 2028 to reach $3.6 billion by 2028. The growth of this market is expected to be driven by the factors such as rising investment for the development of innovative/customized lipid ingredients, growing consumer demand for cosmetics with nutrient-enriched vegetable oils, rising demand for natural cosmetic ingredients, and increasing demand for skincare products in the region. However, the availability of substitutes such as mineral oil can hinder market growth. In addition, the limited availability of some lipid ingredients places challenges for the lipid ingredients market in Europe.

The Europe lipid ingredients market for cosmetics is mainly segmented on the basis of source, application, and geography. The study also evaluates industry competitors and analyzes the market at the country level.

Based on source, the Europe lipid ingredients market for cosmetics is mainly segmented into plants, animals, and novel lipid sources. In 2021, the plants segment is estimated to account for the largest share of the Europe lipid ingredients market for cosmetics. The large share is mainly attributed to the rising demand for plant-sourced lipid ingredients in the cosmetics market, the growing need for organic and natural beauty products, and consumer demand for non-toxic and non-irritating cosmetics. Further, plant oil is widely adopted in cosmetics products as an alternative to mineral oils.

Based on the application, the lipid ingredients market is mainly segmented into skincare, haircare, and other applications. The skincare segment is expected to command the fast growth of the overall Europe lipid ingredients market for cosmetics during the forecasted period. The segment's fast growth is mainly attributed to the shift in consumer focus towards anti-aging skincare products and acne-reducing solutions, growing demand for natural skincare products, and increasing demand for luxury skincare products. Furthermore, rising skin problems are also fueling the demand for skincare products in the region.

Based on country, the lipid ingredients market for cosmetics is segmented into Germany, France, U.K., Poland, Netherlands, Switzerland, Austria, Czech Republic, Belgium, Finland, Denmark, Sweden, Norway, Baltic Countries, and the Rest of Europe. In 2021, Germany is estimated to account for the largest share of the overall Europe lipid ingredients market for cosmetics. This country’s prominent position in this market is primarily attributed to the largest consumer market for cosmetics in Europe and major production centers for conventional and natural cosmetics. For instance, Beiersdorf is the most important cosmetics company. Important natural and organic cosmetics companies include Lavera, Logona (L’Oréal), Dr. Hauschka, and Primavera Life. The Swiss natural cosmetics company Weleda also has a manufacturing facility in Germany.

Some of the most important cosmetics companies operating in Europe are L’Oréal S.A. (France), Unilever PLC (U.K.), The Procter & Gamble Company (U.S.), Beiersdorf AG (Germany), Coty Inc. (U.S.) Avon Products, Inc (Subsidiaries of Natura & Co, Holding S.A.) (U.K.), The Estée Lauder Companies Inc. (U.S.), Revlon Inc. (U.S.), Shiseido Company, Limited (Japan), Colgate-Palmolive Company (U.S.), Johnson & Johnson (U.S.), Kao Corporation (Japan), L'Occitane International S.A. (France), LVMH Moët Hennessy Louis Vuitton (France), and Sally Beauty Holdings, Inc. (U.S.). Important natural and ethical cosmetics companies are Weleda (Switzerland), Neal’s Yard Remedies (U.K.), Léa Nature (France), Lush (U.K.), Yves Rocher (France), and The Body Shop (U.K.).

The key players operating in the Europe lipid ingredients market for cosmetics are KONINKLIJKE DSM N.V./DSM (Netherlands), Archer-Daniels-Midland Company (U.S.), Stepan Company (U.S.), Cargill Incorporated (U.S.), BASF SE (Germany), Croda International PLC (U.K.), Merck Group (Germany), NOF Europe GmbH (Subsidiary of NOF Corporation) (Japan), Neptune Wellness Solutions, Inc. (Canada), ABITEC Corporation (U.S.), Lipoid GmbH (Germany), Polaris (France), Sonic Biochem Extraction Pvt Ltd. (India), Nordic Naturals Inc. (U.S.), and Solutex GC Sl (Spain), among others.
𝑺𝒑𝒆𝒂𝒌 𝒕𝒐 𝑨𝒏𝒂𝒍𝒚𝒔𝒕: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5206?utm_source=Product&utm_medium=Social&utm_campaign=Product&utm_content=30-12-2022

Scope of the report

Lipid Ingredients Market for Cosmetics Production, By Source/Type

Plants
Vegetable Oil
Nuts Oil
Fruit Seeds
Other Plant-sourced Lipid Ingredients
Animals
Fish Oil
Other Animal-sourced Lipid Ingredients
Novel Lipid Sources
Microalgae
Insects
Lipid Ingredients Market for Cosmetics Production, By Application

Skincare products
Haircare products
Others
Lipid Ingredients Market for Cosmetics Production, By Country

Germany
France
U.K.
The Netherlands
Belgium
Poland
Norway
Sweden
Denmark
Austria
Finland
Switzerland
Czech Republic
The Baltic countries
Rest of Europe
𝑫𝒐𝒘𝒏𝒍𝒐𝒂𝒅 𝑺𝒂𝒎𝒑𝒍𝒆 𝑹𝒆𝒑𝒐𝒓𝒕 -https://www.meticulousresearch.com/download-sample-report/cp_id=5206?utm_source=Product&utm_medium=Social&utm_campaign=Product&utm_content=30-12-2022