According to the recent study the anti-aging active ingredient market is projected to grow at a CAGR of 7.2% from 2020 to 2025. Growth in this market is primarily driven by growing consumption of cosmetic products, increase in premature aging population, and growth in the skin care market.
Browse 98 figures / charts and 61 tables in this 147 -page report to understand trends, opportunities and forecast in anti-aging active ingredient market by application (skin care and hair care), source (natural and synthetic), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Natural market is expected to remain the largest segment during the forecast period.”
Based on source, the anti-aging active ingredient market is segmented into natural and synthetic. Lucintel forecasts that the natural market is expected to remain the largest segment over the forecast period due to the increasing demand for organic beauty products to avoid side effects of synthetic personal care products.
“Within the anti-aging active ingredient market, the skin care segment is expected to remain the largest application”
Based on application, the personal care segment is expected to witness the largest application and it is also expected to witness the highest growth during the forecast period due to increasing demand for organic skin related anti-aging cosmetic products.
“Europe will dominate the anti-aging active ingredient market in near future”
Europe is expected to be the largest region with the highest growth over the forecast period due to high disposable income, increasing awareness on anti-aging products, and rising demand for organic skincare products.
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Major players of anti-aging active ingredient market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Adeka, Ashland, BASF, Clarient, and Croda are among the major anti-aging active ingredient providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/anti-aging-active-ingredient-market.aspx or [email protected]
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