Cosmetic Bioactive Ingredients: Brands Promote Efficacy with Organic Components
With the advent of social media trends, cosmetic product sales have registered the highest values over the years. In addition to hair care and oral cosmetics constituting the major categories, skincare accounts for around 42% of the global market. This has elevated the demand for ingredients and processing aids, from essential oil to amino acids to antioxidants, boosting the cosmetic bioactive ingredients market. The rising concerns about appearance and green cosmetic trends are key factors that have increased the demand for cosmetics with natural ingredients that offer skin benefits without harming the environment, influencing various product launches. For instance, Lubrizol introduced Actismart SW Extracts that are sustainably sourced, offering various beauty benefits. Another product Pertovitae by BASF, is a scientifically developed biomimetic peptide that addresses various skin concerns traditionally associated with peptides’ use. Our estimates indicate that the global cosmetic bioactive ingredients market is estimated to advance with a CAGR of 5.84% during the forecast period 2022-2028.