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Organic Active Ingredients Market Size Global Report 2022-2028 precisionbusinessinsights.com
The global organic active ingredients market size was valued at USD 8,429.5 million in 2021 and is poised to grow at a significant CAGR of 3.9% during the forecast period 2022-28. One of the significant global trends in recent years has been a rise in knowledge about health, particularly skin. Also, because the skin is the largest organ of the body, it's critical to think about the components in skincare and cosmetics. People are increasingly turning away from chemical cosmetics in favour of safer, natural alternatives. Concerns about safety and health, as well as the adverse impacts of synthetic chemicals, are expected to drive the organic active ingredients market.
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Active ingredients Segment Dominates the Organic Active Ingredients Market
Over the projection period, active ingredients are expected to rise rapidly. They are responsible for absorption and acne reduction in skincare products. All types of skincare, even natural ones, contain active chemicals. The strength of the product used varies depending on whether it is over the counter or prescription. Players are focusing on active ingredient innovation and developing technology linked to formulation, extraction, and preservation to distinguish themselves and maintain a competitive advantage.
The global organic active ingredients market segmentation:
By Type: Organic and Natural
By Product: Natural Surfactants, Emollients, Active Ingredients, Sugar Polymers and Natural Preservatives and Others
By Application: Skin Care, Hair Care, Oral Care, Cosmetics, and Others
North America Leads Organic Active Ingredients Market
North America holds a larger share of the organic active ingredients market. Demand for organic active ingredients is high in North America. Because of the significant demand for organic active ingredients in the country's beauty care business, the United States is a major consumer of these components. The organic active ingredients market in the Asia Pacific is anticipated to expand rapidly during the forecast period. Demand for active ingredients is high in Japan, China, and India. The market in India is estimated to grow at a substantial pace in the near future.
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Key player’s profiles in the organic active ingredients market report are Cargill, Incorporated, BASF SE, The Lubrizol Corporation, Croda International Plc, Huntsman International LLC, Jarrow Formulas, Inc, AEP Colloids, Grain Millers, Inc, PRIDE SEEDS, SG Ceresco Inc.
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1 Comment
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