Global Botanical Skin Care Ingredients Market, By Form (Liquid, Gel, Waxes, Powder, Others), Product Type (Natural Emollients and Emulsifiers, Natural Plant Oils, Resin Extracts, Natural Plant Extracts, Natural Fragrances, Active Ingredients, Others), Primary Ingredient (Grain Extracts, Nut Butters, Floral Extracts, Tea Extracts, Fruit and Vegetable Extracts, Herbal Extracts, Others), Grade (Food, Cosmetic, Pharmaceutical, Others), Nature (Organic, Conventional), End Use (Skin maintenance and Care, Decorative Cosmetics, Cleansing Products, Odor Improvement Products, Hair Remover Products, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) - Industry Trends and Forecast to 2030.
Botanical Skin Care Ingredients Market Analysis and Size
The botanical skin care ingredients market refers to the industry that focuses on the production and sale of skincare products formulated with natural plant-based ingredients. These ingredients are derived from a variety of botanical sources, such as herbs, fruits, flowers, and other plant materials, known for their potential benefits for the skin. Botanical skin care ingredients are gaining popularity due to their perceived effectiveness and the growing consumer preference for products that are perceived as natural and sustainable alternatives to synthetic chemicals in skincare.
Data Bridge Market Research analyses that the botanical skin care ingredients market which was USD 1.13 billion in 2022, would rocket up to USD 2.12 billion by 2030, and is expected to undergo a CAGR of 8.10% during the forecast period of 2023 to 2030. “Liquid” dominates the form segment of the botanical skin care ingredients market due to their ease of application and versatility for creating various skincare products, including serums, toners, and creams.
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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By Form (Liquid, Gel, Waxes, Powder, Others), Product Type (Natural Emollients and Emulsifiers, Natural Plant Oils, Resin Extracts, Natural Plant Extracts, Natural Fragrances, Active Ingredients, Others), Primary Ingredient (Grain Extracts, Nut Butters, Floral Extracts, Tea Extracts, Fruit and Vegetable Extracts, Herbal Extracts, Others), Grade (Food, Cosmetic, Pharmaceutical, Others), Nature (Organic, Conventional), End Use (Skin maintenance and Care, Decorative Cosmetics, Cleansing Products, Odor Improvement Products, Hair Remover Products, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and Rest of Middle East and Africa
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Market Players Covered
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New Directions Aromatics Inc. (Canada), Mountain Rose Herbs (U.S.), PT. INDESSO AROMA (Indonesia), Lipoid Kosmetik AG (Switzerland), The Herbarie at Stoney Hill Farm, Inc. (U.S.), Saba Botanical of USA (U.S.), Rutland Biodynamics Ltd (U.K.), Ambe Phytoextracts Pvt Ltd (India), The Green Labs LLC (U.S.), BERJÉ INC. (U.S.), Linnea SA (Switzerland), Prakruti Products (India), Umalaxmi Organics Pvt. Ltd (India), DSM (Netherlands), ADM (U.S.), Kerry (Ireland), GLANBIA plc (Ireland), Ribus, Inc. (U.S.), HP Ingredients (U.S.), Prinova Group LLC (U.S.)
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Market Opportunities
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Market Definition
The botanical skin care ingredients market refers to a segment of the skincare industry that focuses on the sourcing, development, and utilization of plant-derived ingredients for skincare products. This market is driven by increasing consumer demand for natural and sustainable skincare solutions, driven by a growing awareness of the potential benefits of botanical ingredients. Botanical skin care ingredients are extracted from various plants, such as herbs, fruits, flowers, and roots, and are used in a wide range of skincare applications, including creams, serums, masks, and cleansers. These ingredients are preferred for their perceived effectiveness, minimal side effects, and alignment with eco-friendly and clean beauty trends, making them a significant player in the cosmetics and skincare industry.
Global Botanical Skin Care Ingredients Market Dynamics
Driver
- Growing consumer demand for natural and sustainable skincare solutions
In recent years, there has been a significant shift in consumer preferences towards products that use plant-based, organic, and eco-friendly ingredients. This trend is being fueled by increased awareness of the potential harmful effects of synthetic chemicals and a desire for healthier, more environmentally friendly options. As a result, skincare companies are increasingly incorporating botanical ingredients like aloe vera, tea tree oil, and chamomile into their formulations to meet this demand. In addition, the perceived effectiveness of botanical ingredients in addressing various skin concerns, such as anti-aging, acne, and skin sensitivity, further propels the growth of the botanical skincare market. The rise of clean beauty and sustainable practices in the cosmetics industry is likely to sustain and expand this market in the coming years.
Opportunity
- Advancements in biotechnology and extraction techniques
Biotechnology enables the precise engineering of plants to produce novel compounds with specific skin benefits, such as antioxidants, anti-inflammatory agents, and moisturizing factors. This technology allows for the creation of unique, sustainable, and high-performance ingredients that cater to the growing demand for natural and eco-friendly skincare products. Moreover, cutting-edge extraction techniques like supercritical fluid extraction and ultrasound-assisted extraction have improved the efficiency of obtaining active compounds from botanical sources, enhancing the purity and potency of these ingredients. As consumers increasingly seek natural and science-backed solutions for their skincare needs, the botanical skin care Ingredients market stands to benefit from these advancements, with the potential to develop innovative products that deliver exceptional results while respecting the environment.
Restraint/Challenge
- Volatility of raw materials
Raw materials, primarily derived from various plant sources, can be influenced by factors such as climate change, seasonal variations, and geopolitical events. This volatility in the supply chain can lead to fluctuations in ingredient availability and pricing, making it challenging for manufacturers to maintain consistent product quality and cost-effectiveness. To mitigate these challenges, companies often need to invest in sourcing and storage strategies, which can increase operational costs and impact profit margins. In addition, the uncertainty in raw material supply may hinder the market's ability to meet the growing demand for botanical skin care products, potentially limiting its overall growth potential.
This global botanical skin care ingredients market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global botanical skin care ingredients market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In February, 2022 Merck, a prominent science and technology company, has unveiled two innovative cosmetic ingredients, RonaCare® Baobab and RonaCare® Hibiscus, harnessed from nutrient-rich superfoods. These ethically sourced extracts from the baobab fruit and hibiscus flower are COSMOS-approved and Halal certified, catering to the vegan and 100% natural origin (ISO 16128) standards
Global Botanical Skin Care Ingredients Market Scope
The global botanical skin care ingredients market is segmented on the basis of form, product type, primary ingredient, grade, nature and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Form
- Liquid
- Gel
- Waxes
- Powder
- Others
Product Type
- Natural Emollients and Emulsifiers
- Natural Plant Oils
- Resin Extracts
- Natural Plant Extracts
- Natural Fragrances
- Active Ingredients
- Others
Primary Ingredient
- Grain Extracts
- Nut Butters
- Floral Extracts
- Tea Extracts
- Fruit and Vegetable Extracts
- Herbal Extracts
- Others
Grade
- Food
- Cosmetic
- Pharmaceutical
- Others
Nature
- Organic
- Conventional
End Use
- Skin maintenance and Care
- Decorative Cosmetics
- Cleansing Products
- Odour Improvement Products
- Hair Remover Products
- Others
Botanical Skin Care Ingredients Market Regional Analysis/Insights
The global botanical skin care ingredients market is analysed and market size insights and trends are provided by country, form, product type, primary ingredient, grade, nature and end use are referenced above. The countries covered in the botanical skin care ingredients market report are U.S., Canada, Mexico, Brazil, Argentina, rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, rest of Middle East and Africa.
North America region is expected to dominate the botanical skin care ingredients market due to a mature industrial and consumer goods sector, along with a strong focus on research and development.
Asia-Pacific region is expected to show highest growth rate in the botanical skin care ingredients market due to increasing industrialization, urbanization, and rising consumer demand for personal care and household products in the region
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Botanical Skin Care Ingredients Market Share Analysis
The global botanical skin care ingredients market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the global botanical skin care ingredients market.
Some of the major players operating in the global botanical skin care ingredients market are:
- New Directions Aromatics Inc. (Canada)
- Mountain Rose Herbs (U.S.)
- PT. INDESSO AROMA (Indonesia)
- Lipoid Kosmetik AG (Switzerland)
- The Herbarie at Stoney Hill Farm, Inc. (U.S.)
- Saba Botanical of USA (U.S.)
- Rutland Biodynamics Ltd (U.K.)
- Ambe Phytoextracts Pvt Ltd (India)
- The Green Labs LLC (U.S.)
- BERJÉ INC. (U.S.)
- Linnea SA (Switzerland)
- Prakruti Products (India)
- Umalaxmi Organics Pvt. Ltd (India)
- DSM (Netherlands)
- ADM (U.S.)
- Kerry (Ireland)
- GLANBIA plc (Ireland)
- Ribus, Inc. (U.S.)
- HP Ingredients (U.S.)
- Prinova Group LLC (U.S.)
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