Active Ingredients Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2023-2028
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Active Ingredients Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2023-2028
Active Ingredients Market is Segmented byFunctionality (Conditioning Agents, UV Filters, Anti-Aging Agents, Skin Lightening Agents), by Application (Skin Care, Hair Care), by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, the UK, and Rest of Europe], Asia-Pacific [China, Japan, South Korea, India, and Rest of Asia-Pacific], and Rest of the World [the Middle East, Latin America, and Others]).
Active Ingredients Market is Segmented by Functionality (Conditioning Agents, UV Filters, Anti-Aging Agents, Skin Lightening Agents), by Application (Skin Care, Hair Care), by Region (N...
The active ingredient market refers to the market involving the manufacturing of active ingredients, including those elements of the product that endure natural processes throughout the manufacturing of the drug product. They must be present in the drug product in a modified form to provide the necessary activity or impact.
Market Drivers
The market is driven by increasing demand for multifunctional ingredients and growing demand for skin-whitening, anti-aging, and sun protection products in the cosmetics industry.
Segment Analysis
Segmentations
List of Sub-Segments
Dominant and Fastest-Growing Segments
Functionality-Type Analysis
Conditioning Agents, UV Filters, Anti-Aging Agents, and Skin Lightening Agents
The anti-aging agents segment is the largest- and fastest-growing segment of the active ingredient market during the forecast period.
Application Type Analysis
Skin Care and Hair Care
The skin care segment is the dominating and fastest-growing application in the active ingredient market over the coming years.
Regional Type Analysis
North America, Europe, Asia-Pacific, and The Rest of the World
Europe is expected to remain the dominating and fastest-growing region in the active ingredient market over the coming years.
Functionality Type
"Anti-aging agents are expected to remain the largest and fastest-growing market during the forecast period"
The Active ingredients market is segmented into Conditioning Agent, UV Filters, Anti-Aging Agents, and Skin Lightening Agents. The anti-aging agents are expected to remain the largest and fastest-growing type in the Functionality segment for the active ingredient market during the forecast period, due to the growing number of anti-aging cosmetic products used by the aging baby boomers to treat/improve wrinkles, frown lines, and the aging process, which is predicted to drive the market for anti-aging agents.
Application Type
"Skin care segment is expected to remain the dominant as well as the faster-growing application in the market during the forecast period"
The market is segmented into Skin Care and Hair Care. The skin care segment is expected to remain the dominant as well as the faster-growing application in the market during the forecast period since the market is dominated by skin care products mostly due to the rising demand for anti-aging, skin-lightening, and sunscreens as a result of consumers' increased knowledge of the importance of their skin health. In addition, the increased need for skin and hair care products is driving up demand for active ingredients in cosmetics.
Regional Analysis
"Europe is expected to remain the largest and fastest-growing region in the market during the forecast period"
Europe is expected to remain the largest and fastest-growing region in the active ingredients market during the forecast period because of the high capita spending power of consumers on cosmetic products.
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Key Players
The market is highly populated, with the presence of several local, regional, and global players. Most of the major players compete on some of the governing factors, including price, product offerings, regional presence, etc. The following are the key players in the Active Ingredients Market (arranged alphabetically)
Note: The above list does not necessarily include all the top players in the market.
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Report Features
This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth analysis of the Active Ingredients Market
How lucrative is the future?
The market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional and country-level historical data and forecasts
Which are the most attractive market segments?
Market Segment Analysis and Forecast
What are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirements?
10% free customization
Segmentation
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The active ingredients market is segmented into the following categories:
By Functionality Type
Conditioning Agent
UV Filters
Anti-Aging Agents,
Skin Lightening Agents
By ApplicationType
Skincare
Hair care
By Region
North America (Country Analysis: The USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, The UK, Russia, and The Rest of Europe)
Asia-Pacific (Country Analysis: Japan, China, India, and The Rest of Asia-Pacific)
Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s active ingredient market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
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The active ingredients market is estimated to grow at a CAGR of 6.8% by 2028, driven by increasing demand for multifunctional ingredients, and growing demand for skin-whitening, anti-aging, and sun protection products in the cosmetics industry.
The major manufacturers of the active ingredients are BASF SE, Clariant, AkzoNobel N.V, Croda International Plc, Evonik Industries AG, Jatun, Lucy Meyer, Mascoat, Sederma Inc., and Sherwin -Williams Company the leading players in the Active ingredients market.
Europe is estimated to remain dominant in the Active ingredients market in the foreseeable future because of the high capita spending power of consumers on cosmetic products.
The anti-aging agent is expected to remain the largest and fastest-growing type in the Functionality segment for the active ingredient market during the forecast period, due to the growing number of anti-aging cosmetic products used by the aging baby boomers to treat/improve wrinkles, frown lines, and the aging process, which is predicted to drive the market for anti-aging agents.
The skin care segment is expected to remain the dominant as well as the faster-growing application type in the market during the forecast period since the market is dominated by skin care products primarily due to the rising demand for anti-aging, skin-lightening, and sunscreen products as a result of consumers' increased knowledge of the importance of their skin health. In addition, the increased need for skin and hair care products is driving up demand for active ingredients in cosmetics.
