Market Introduction
Amid the active ingredients usually used in cosmetics preparation, there is a global trend of incorporating vegetable source products due to their commercial appeal, safety, and rich composition, often related with a synergistic or multifunctional effect. Botanical extracts are high in secondary metabolites that exist in plants with high structural diversity. Both flavonoids and non-flavonoids are related to various cosmetic properties, such as photoprotection, antiaging, moisturizing, antioxidant, astringent, anti-irritant, and antimicrobial activity. With bioactive components and pharmacologic activities, bioactive ingredients provide dermatologic benefits with potential applications for skin rejuvenation, photoprotection, and wound healing. The Europe cosmetic bioactive ingredients market growth is mainly attributed to rising preference for natural ingredients in cosmetic products and increasing launch of bioactive ingredients. Moreover, the increasing research activities for development of bioactive ingredients is expected to bolster the market growth during the forecast period. However, stringent regulatory framework limits the growth of the Europe cosmetic bioactive ingredients market.
Changes in demand, revision in the regulatory process, changes in the research and development process, and the shift toward e-commerce and telemedicine are a few short-term impacts of the COVID-19 pandemic. Europe’s largest fashion and lifestyle e-commerce marketplace reported a boom in pampering and self-care beauty categories, such as cosmetics, aromatherapy, and detox products; sales of skin-, nail, and hair-care products were up 300%, year on year.
Market Overview and Dynamics
The Europe cosmetic bioactive ingredients market is projected to reach US$ 672.68 million by 2028 from US$ 453.03 million in 2021; it is anticipated to grow at a CAGR of 5.8% from 2021 to 2028. The growth of the market is driven by rising preference for natural ingredients in cosmetic products and increasing launch of bioactive ingredients. However, the stringent regulatory framework restrains the market growth.
Key Market Segments
In terms of ingredient type, the amino acids segment accounted for the largest share of the Europe cosmetic bioactive ingredients market in 2020. Further, the plant segment held the largest market share in 2020.
Major Sources
A few of the major primary and secondary sources referred to while preparing the report on the Europe cosmetic bioactive ingredients market are The Colipa, Cosmetics Europe, and European Federation for Cosmetic Ingredients (EFFCI).
Reasons to Buy Report
- To understand the Europe cosmetic bioactive ingredients market landscape and identify market segments that are likely to guarantee a strong return
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- To efficiently plan merger and acquisition, and partnership deals in the Europe cosmetic bioactive ingredients market by identifying segments with the most promising probable sales
- To make knowledgeable business decisions from perceptive and comprehensive analysis of the market performance of various segments
- To obtain market revenue forecast of the Europe cosmetic bioactive ingredients market based on various segments for the period 2021–2028
EUROPE COSMETIC BIOACTIVE INGREDIENTS MARKET SEGMENTATION
The Europe cosmetic bioactive ingredients market is segmented on the basis on ingredient type and sources. Based on ingredient type, the Europe cosmetic bioactive ingredients market is segmented into Probiotics and prebiotics, omega-3 fatty acids, vitamins, carotenoids and antioxidants, plant extracts, minerals, amino acids, proteins and peptides, and others. Based on sources, the market is segmented into plant animal, and microbial.
By Country
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Company Profiles
- CAE Inc.
- Laerdal Medical
- 3D Systems, Inc.
- Gaumard Scientific
- Kyoto Kagaku Co., Ltd.
- Simulab Corporation
- Simulaids
- Surgical Science
- Mentice AB
- Limbs & Things LTD
Europe Cosmetic Bioactive Ingredients Market Strategic Insights
Europe Cosmetic Bioactive IngredientsMarket Report Highlights
| Report Attribute | Details |
| Market size in 2021 | US$ 453.03 Million |
| Market Size by 2028 | US$ 672.68 Million |
| CAGR (2021 - 2028) | 5.8% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Ingredient Type
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Regions and Countries Covered
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| Europe | UK, Germany, France, Russia, Italy, Rest of Europe |
| Market leaders and key company profiles |
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Europe Cosmetic Bioactive Ingredients Market Country and Regional Insights
