Cosmetic Antioxidants Market

SKU: DMCPG615 | Last Updated On: Nov 11 2022 | Available Formats

> Global Cosmetic Antioxidants Market Expected to reach a high CAGR 6.1% By 2029: DataM Intelligence.

Global Cosmetic Antioxidants Market is segmented By Type (Natural, Synthetic), By Function (Hair Conditioning, Anti-aging, UV-protection, Moisturizing, Hair Cleansing, Anti-inflammatory), By Application (Skincare, Haircare, Makeup), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share Outlook, and Opportunity Analysis,2022-2029

 

Market Overview

[195 Pages Report] The Global Cosmetic Antioxidants Market is expected to grow at a CAGR of 6.1% during the forecasting period (2022-2029)

Antioxidants are a group of molecules that can slow down or prevent cell oxidation. This group of vitamins, minerals, and other phytochemical substances serve as a barrier against free radicals, molecules that harm cells and cause premature aging of the skin, as well as different ailments and illnesses. Antioxidants are a common ingredient in many skincare and personal care products.

Metrics

Details

Market CAGR

6.1%

Segments Covered

By Type, By Function, By Application, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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Market Dynamics

Antioxidants are used in the cosmetic industry for mainly two reasons. They prevent the degradation of natural ingredients (proteins, sugars, lipids) in cosmetic products. On the other hand, antioxidants protect the skin cells from being damaged and slow down the aging process.

Antioxidants are used in cosmetics products for many desirable purposes such as Anti-inflammation, Skin firming, and Scar treatment. Antioxidants in Sunscreens are used to protect the skin from the effects of pollution.

Increasing average population age and growing demand for anti-aging products will drive the need for cosmetic antioxidants market.

The demographic changes in developed countries are expected to continue, and hence the demand for anti-aging products will continue to increase. In developing countries, economic growth is causing the emergence of a substantial cosmetic industry.

Antioxidants are delicate and must be packaged in containers that will ensure they remain active. The low shelf life of antioxidants represents a challenge for the market. Natural antioxidants derived from plant sources will gradually replace synthetic antioxidants which are known to be possible carcinogens.

Industry Analysis

  • The cosmetic Antioxidants Market is segmented by Type, function, and application. By type, Cosmetic Antioxidants Market is segmented into Natural and synthetic.

  • The natural segment is further divided into Vitamins, Polyphenols, and Enzymes. Vitamin A, C, and E are widely used in Cosmetic Antioxidants Market. Coenzyme Q10 is a widely used enzyme for antioxidant properties. Hydroxytyrosol, oleuropein, and resveratrol are common polyphenolic compounds used as an antioxidant in the cosmetic industry.

  • Natural anti-oxidants are becoming increasingly popular due to consumer preference for natural products. Synthetic antioxidants include BHA and BHT. BHA & BHT are banned in the U.K., Japan, and many European countries except for the US. The market share of Synthetic antioxidants is expected to decrease due to possible health concerns associated with these chemicals.

  • By Function, Cosmetics antioxidant market is segmented into Hair Conditioning, Anti-aging, UV-protection, Moisturizing, Hair Cleansing, and Anti-inflammatory. Cosmetic antioxidants are commonly used as Anti-aging agents. 

  • Antioxidants may reverse the effects of aging by improving skin health and rejuvenating its appearance. Coenzyme Q-10 is a universal skin-firming antioxidant and is excellent for use in eye creams and products that are meant to tone the skin. Vitamins C and E are especially beneficial for reducing the appearance of wrinkles.

  • By application, the Cosmetics antioxidant market is divided into Skincare, Haircare, and makeup products.

Market Geographical Share

By region, Cosmetic Antioxidants Market is segmented into North America, South America, Asia-pacific, Europe, and the rest of the world. Asia-pacific accounted for the most significant market share due to the extensive use of skin care products in Japan, and South Korea as well as an increase in the use of cosmetic products in China, and India caused by economic growth.

In India, China's per capita consumption of cosmetics products is still very low, and it is expected to increase during the forecast period. This will contribute to the growth of the cosmetic antioxidants market. In general, the use of cosmetic products corresponds to economic prosperity.

In Europe, Germany, France, the UK, and Italy spend most on cosmetics & personal care products. In North America, the US, and in South America, Brazil contributes most to the Cosmetic Antioxidants Market.

Manufacturers

Global Cosmetic Antioxidants Market is very competitive comprising many small firms specializing in the beauty products industry. Some of the notable players in the Cosmetic Antioxidants Market are BASF, Kemin Industries, Croda International, Eastman Chemical Company, Lonza Group, Merck & Co., Nexira SAS, SEPPIC, Ashland Inc., Wacker Chemie, and DSM.

In August 2018, Spec-Chem Industry Inc. has launched an ascorbic acid derivative (3-O-ethyl ascorbic acid) with whitening, antioxidant, anti-aging, and anti-inflammation properties.

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FAQ

What is the Growth Rate of the Cosmetic Antioxidants Market?

Grow at a CAGR of 6.1% during the forecasting period (2022-2029).

Which Companies Are Included in the Cosmetic Antioxidants Market?

BASF, Kemin Industries, Croda International, Eastman Chemical Company, Lonza Group, Merck & Co., Nexira SAS, SEPPIC, Ashland Inc., Wacker Chemie, and DSM.

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