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Organic Personal Care Ingredients Market: Segmented by Type (Organic Ingredients, Natural Ingredients), By Application (Skin Care, Oral Care, Hair Care, Cosmetics, and Others), and Region - Global Analysis of Market Size, Share & Trends for 2019-2020 and Forecasts to 2031
[ 170 + Pages Research Report ] Organic Personal Care Ingredients Market to surpass USD 14.9 billion by 2031 from USD 8.97 billion in 2021 at a CAGR of 5.21% in the coming years, i.e., 2021-31.
Organic Personal Care Ingredients market uses topical creams and lotions made of ingredients offered by nature. Most of the recent literature reviews plant-derived ingredients, which may comprise herbs, roots, flowers, and essential oils, but natural substances in skincare products include animal-derived products such as beeswax, and minerals, and many others. These products may be combined with several carrier agents, preservatives, surfactants, humectants, and emulsifiers.
Global Organic Personal Care Ingredients to surpass USD 14.9 billion by 2031 from USD 8.97 billion in 2021 at a CAGR of 5.21% in the coming years, i.e., 2021-31. Growing demand for personal care, along with rising awareness regarding personal health and safety, is predictable to boost the product demand.
Based on Type, the global Organic Personal Care Ingredients Market is segmented into Organic Ingredients and Natural Ingredients. Among the type segments, the organic segment is predicted to hold the majority revenue share in the market and is expected to continue during the forecast years. This rise of the segment is due to the rise in customers towards the adoption of organic products with natural ingredients such as vegetables, fruits, and herbs.
Based on application, the global Organic Personal Care Ingredients Market fragmented into Skin Care, Oral Care, Hair Care, Cosmetics, and Others. The skin care segment is expected to measure the highest share during the forecast year. Skincare includes face cleansers, moisturizers, toner & mist, eye creams, multipurpose balms, scrubs & exfoliators, and many others. These active multifunctional ingredients can deliver more than one function in a specific personal care product. For example, blemish balm (BB) cream has been endorsed as a multifunctional product that can treat several skin problems such as dullness, aging, and tanning due to overexposure to the sun.
Increasing Awareness
The rise in awareness is boosting the organic personal care ingredient market. Growth in concerns regarding safety, security, and health; and the adverse effects of using synthetic chemicals are projected to boost the organic personal care ingredients market.
New product innovations and rise in disposable income
The demand for Organic Personal Care Ingredients is expected to be fueled by new product innovation and the growing popularity of various types of fragrances and cosmetic items. In the recent decade, disposable income has increased dramatically. As a result, global spending on beauty and personal care goods, medications, and household care items has surged, propelling the Organic Personal Care Ingredients Market to new heights.
High cost of raw material
The lack of universal directives relating to applications of organic personal care ingredients is predictable to restrain the market during forecast years. Every country has different directions pertaining to applications of organic personal care ingredients. Companies find it hard to deal with these country-wise regulations. This is discouraging the investment in the organic personal care ingredients market, thus restraining the market.
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Global Organic Personal Care Ingredients market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. The organic personal care ingredients market in the Asia Pacific is predicted to expand at a rapid pace during the forecast years. The countries such as Japan, China, and India have a high demand for organic personal care ingredients and have seen substantial growth in product demand during the past few years owing to growing disposable income and increasing awareness about the ill-effects of synthetic products.
Organic Personal Care Ingredients Segments:
| Report Attribute | Details |
| Market size value in 2021 | USD 8.97 billion |
| Revenue forecast in 2031 | USD 14.9 billion |
| Growth Rate | CAGR of 5.21% from 2021 to 2031 |
| Base year for estimation | 2020 |
| Quantitative units | Revenue in USD million and CAGR from 2021 to 2030 |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments covered | Type, Application and Region |
| Regional scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
| Key companies profiled | Cargill, Incorporated; BASF SE; The Lubrizol Corporation; Croda International Plc; and Huntsman International LLC.; Jarrow Formulas, Inc.; AEP Colloids; Grain Millers, Inc.; PRIDE SEEDS; and SG Ceresco Inc.and Other Prominent Players |
Organic Personal Care Ingredients Market size was estimated at USD 8.97 billion in 2020 and is expected to reach USD 14.9 billion by 2030.
Key players: Cargill, Incorporated; BASF SE; The Lubrizol Corporation; Croda International Plc; and Huntsman International LLC.; Jarrow Formulas, Inc.; AEP Colloids; Grain Millers, Inc.; PRIDE SEEDS; and SG Ceresco Inc. and Other Prominent Players
An organic segment are anticipated to hold the largest North America cold storage Market
Drivers: Increasing Awareness and New product innovations and rise in disposable income
Organic Personal Care Ingredients market uses topical creams and lotions made of ingredients offered by nature. Most of the recent literature reviews plant-derived ingredients, which may comprise herbs, roots, flowers, and essential oils, but natural substances in skincare products include animal-derived products such as beeswax, and minerals, and many others
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