Industry Background:
The growing demand for natural and herbal products is helping to boost the demand of the global anti-aging Ingredients market in the forecasted period. Anti-aging creams are predominantly moisturizer-based cosmeceutical skin care products marketed with the promise of making the consumer look younger by reducing, masking or preventing signs of skin aging. Diversity in the anti-aging ingredients applied in the food and beverage industry, pharmaceutical products, and beauty makeups consequentially provided it a major place in the modern industry.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | DOW Chemical Company (United States), Evonik Industries AG (Germany), Lonza (Switzerland), Ashland Global Holdings Inc. (United States), Croda International Plc (United Kingdom), BASF SE (Germany), Wacker Chemie AG (Germany), Clariant AG (Switzerland), Koninklijke DSM N.V. (Netherlands) and Adeka (Japan) |
According to AMA, the market for Anti Ageing Ingredients is expected to register a CAGR of 5.1% during the forecast period to 2028. This growth is primarily driven by Increasing Demand for Cosmetic Products across the World and Growth in Urbanization coupled with Increased Disposable Incomes.
Globally, a noticeable market trend is evident The Raising Awareness about Dietary Supplements
The Pharmaceuticals sector in the Europe region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as DOW Chemical Company (United States), Evonik Industries AG (Germany), Lonza (Switzerland), Ashland Global Holdings Inc. (United States), Croda International Plc (United Kingdom), BASF SE (Germany), Wacker Chemie AG (Germany), Clariant AG (Switzerland), Koninklijke DSM N.V. (Netherlands) and Adeka (Japan), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The global anti-aging ingredients market is moderately fragmented. The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail of a competitive advantage through combined collaborations.
Key Developments in the Market:
On 18th July 2019, Lily Bioceuticals has announced it has launched the first wearable synthetic 'second skin' for the cosmetic industry. Its first product using the technology is Beyond Flawless Second Skin, for the under-eye area.
In February 2023, Dow and LVMH collaborated to enhance use of bio-based and circular plastics in beauty multinational’s product applications without compromising functionality or quality of the packaging. This improved its presence in anti-ageing ingredients market
Influencing Trend:
The Raising Awareness about Dietary Supplements and The Growing Trend towards Youthful Appearance
Market Growth Drivers:
Increasing Demand for Cosmetic Products across the World and Growth in Urbanization coupled with Increased Disposable Incomes
Challenges:
Stringent Regulations Imposed by the Regulatory Bodies and Governments in Various Countries
Restraints:
The Increasing Concern Related to the Side Effects
Opportunities:
Upsurging Product Innovations in the Personal Care Industry to address Ageing-Related Issues and Growing Focus towards Male-Specific Cosmetics
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Anti Ageing Ingredients Market
- Analysis about New Entrants in Anti Ageing Ingredients Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Anti Ageing Ingredients Study Sheds Light on
The Anti Ageing Ingredients Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Anti Ageing Ingredients industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Anti Ageing Ingredients industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.