Active Ingredient in Cosmetic Market Definition
The active ingredient in cosmetic market is a crucial segment of the cosmeceuticals industry. This industry manufactures and distributes chemical ingredients used for the cosmetic industry. Generally, two active ingredients are used in the cosmetics sector: natural and synthetic. There are various types of ingredients available in the market of anti-aging ingredients (Vitamin A and Derivatives, Vitamin B and Derivatives, Vitamin E and Derivatives, and Vitamin C and Derivatives), moisturizing ingredients (Glycerol, Hyaluronic Acid, Amino Acids, and Ceramides, and Others), UV ingredient, antimicrobial ingredient, exfoliating ingredients (Glycolic Acid, Lactic Acid, and Salicylic Acid), and some others. This market is expected to rise significantly with the growth of the global chemicals and materials industry.
The increased demand for natural ingredients and developments in the personal care industry has boosted the market growth. Also, the growing application of these ingredients in manufacturing sun-care and oral care products and rising awareness of bio-based skin care products in different parts of the world is crucial for market expansion. Moreover, the increase in demand for perfumes, shower gels, shampoos, eyeliners, and others is expected to drive the growth of the active ingredient in cosmetic market. The growing use of sustainable ingredients in cosmetics industry along with technological advancements in cosmetics industry is expected to create ample growth opportunities for the market players in the future.