Industry Background:
Antioxidants are very useful active ingredients for the manufacturing of cosmetics. Generally, antioxidants interrupt oxidation reactions and prevent the effects of oxygen radicals such as peroxides both processes known to damage the integrity and function of various natural elements. Antioxidants are useful in two ways first, they prevent degradation of natural ingredients like proteins, sugars and lipids in the cosmetic product. On the other hand antioxidants defend the skin cells from being damaged and slow down the aging process. Antioxidants have been shown to boost the skin's radiance, minimize age spots, fine lines, and sun spots.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | BASF (Germany), Koninklijke DSM (Netherlands), Wacker Chemie (Germany), Eastman Chemical Company (United States), Lonza Group (Switzerland), Croda International (United Kingdom), Ashland Global Holdings (United States), Evonik Dr. Straetmans (Germany), SEPPIC (France) and BTSA Biotecnologías Aplicadas (Spain) |
This growth is primarily driven by Rising Demand for Anti-Aging Cosmetics and Personal Care Products and Rising Disposable Income and Changing Standard of Living of Customers.
Globally, a noticeable market trend is evident Increasing Adoption of Personal Care and Beauty Care Products Major Vendors, such as BASF (Germany), Koninklijke DSM (Netherlands), Wacker Chemie (Germany), Eastman Chemical Company (United States), Lonza Group (Switzerland), Croda International (United Kingdom), Ashland Global Holdings (United States), Evonik Dr. Straetmans (Germany), SEPPIC (France) and BTSA Biotecnologías Aplicadas (Spain), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market
Key Developments in the Market:
In November 2023, DuPont Nutrition & Biosciences launched its new Howaru® Protect 008 antioxidant, a natural blend of rosemary extract and tocopherols for use in various cosmetic applications.
Regulatory Insights:
The cosmetics marketed in the United States, whether they are manufactured in United States or are imported from abroad, must comply with the labeling requirements of the Federal Food, Drug, and Cosmetic (FD&C) Act, the Fair Packaging and Labeling (FP&L) Act, and the regulations published by the Food and Drug Administration under the Authority of these two laws.
Influencing Trend:
Increasing Adoption of Personal Care and Beauty Care Products
Market Growth Drivers:
Rising Demand for Anti-Aging Cosmetics and Personal Care Products and Rising Disposable Income and Changing Standard of Living of Customers
Challenges:
Stringent Government Regulations Regarding Cosmetic Antioxidants and Rising Concerns Over Use of Synthetic Antioxidants
Restraints:
Lack of Advanced Medical Treatments in Developed Countries and High Cost of Natural Antioxidants
Opportunities:
Rising Demand for Male Cosmetics Products
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Cosmetic Antioxidants Market
- Analysis about New Entrants in Cosmetic Antioxidants Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Cosmetic Antioxidants Study Sheds Light on
The Cosmetic Antioxidants Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Cosmetic Antioxidants industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Cosmetic Antioxidants industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.