Global Natural Cosmetics Ingredients Market Overview
Natural Cosmetics Ingredients Market Size was estimated at 42.18 (USD Billion) in 2022. The Natural Cosmetics Ingredients Market Industry is expected to grow from 46.2(USD Billion) in 2023 to 104.8 (USD Billion) by 2032. The Natural Cosmetics Ingredients Market CAGR (growth rate) is expected to be around 9.53% during the forecast period (2024 - 2032).
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Key Natural Cosmetics Ingredients Market Trends Highlighted
Sustainability as well as sourcing Natural cosmetics ingredients ethically and responsibly, are two of the most important aspects within the Natural Cosmetics Ingredients Market. The clean beauty trend has emerged which would lead the market toward a direction of moving from conventional synthetic products to more organic options. There is a growing need for products that are in line with the ideals of being eco-friendly and industries being as transparent as possible.
Key market drivers include the increasing realization of the adverse effects of synthetic chemicals used in skincare and cosmetics products. There is also an opportunity to make unique and clean ingredients that are in correspondence to changing consumer habits. Also, newer extraction technologies are providing an opportunity for a hitherto untapped source of active natural ingredients from plants and minerals.
The latest changes in the market point out that there is a growing preference for skincare and make-up products that address skin problems on an individual basis. These individualized products are composed of natural ingredients that target the problem in question, thus eliminating the need for strong chemicals. In addition, the rise of veganism and cruelty-free cosmetics has also increased the need for natural and ethical ingredients further.
Natural Cosmetics Ingredients Market Drivers
Rising Demand for Natural and Organic Products
Consumers are increasingly becoming aware of the harmful effects of synthetic chemicals and are seeking out natural and organic alternatives. This trend is particularly evident in the cosmetics industry, where consumers are looking for products that are free from parabens, phthalates, and other potentially harmful ingredients. The Natural Cosmetics Ingredients Market Industry is expected to benefit from this growing demand for natural and organic products.
Growing Popularity of Clean Beauty
There is a worldwide growth in the clean beauty movement due to the increasing concerns of consumers about the effect of beauty products on the environment as well as on their health. Clean beauty products are not only made with natural and sustainable ingredients, but they also do not contain any harsh chemicals and toxins. The existing market and industry, the Natural Cosmetics Ingredients Market Industry, is in a good position to serve this worldwide trend.
Increasing Disposable Income
Rising disposable income in emerging markets is another key driver of growth for the Natural Cosmetics Ingredients Market Industry. As consumers in these markets become more affluent, they are spending more on personal care products, including natural cosmetics. This trend is expected to continue in the coming years as more consumers in emerging markets gain access to higher levels of disposable income.
Natural Cosmetics Ingredients Market Segment Insights
Natural Cosmetics Ingredients Market Type Insights
The Type segment of the Natural Cosmetics Ingredients Market is categorized into Botanical Extracts, Essential Oils, Carrier Oils, Clays and Minerals, and Vitamins and Antioxidants. Botanical extracts are plant-based ingredients that offer various benefits, including antioxidant, anti-inflammatory, and moisturizing properties. Essential oils are concentrated plant oils that provide aroma and therapeutic benefits to cosmetic products. Carrier oils, such as coconut oil and jojoba oil, are used to dilute essential oils and enhance their absorption.Clays and minerals, like kaolin and bentonite, are used for their absorbent and detoxifying properties. Vitamins and antioxidants, such as vitamin C and vitamin E, protect the skin from environmental damage and premature aging. The Botanical Extracts segment held the largest market share in 2023, owing to the increasing demand for natural and organic skincare products. The Essential Oils segment is projected to witness the highest growth rate during the forecast period due to the rising popularity of aromatherapy and the use of essential oils in DIY skincare products.The growing consumer preference for natural and sustainable ingredients is driving the market growth for all segments. The Natural Cosmetics Ingredients Market is expected to reach USD 104.8 billion by 2032, exhibiting a CAGR of 9.53% during the forecast period (2024-2032). The increasing demand for natural and organic cosmetics, rising consumer awareness about the benefits of natural ingredients, and growing disposable income in emerging economies are major factors contributing to the market growth.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Natural Cosmetics Ingredients Market Function Insights
Moisturizing ingredients held the largest share of the natural cosmetics ingredients market in 2023, and this trend is expected to continue through 2032. The rising demand for natural and organic skincare products is driving the growth of the moisturizing ingredients segment. Consumers are increasingly seeking products that are gentle on their skin and provide long-lasting hydration. Antioxidant ingredients are also expected to witness significant growth over the forecast period. Antioxidants help protect the skin from damage caused by free radicals, which can lead to premature aging and other skin problems.The growing awareness of the benefits of antioxidants is fueling the demand for products containing these ingredients. Anti-aging ingredients are another key segment of the natural cosmetics ingredients market. These ingredients help reduce the appearance of wrinkles and fine lines and improve the overall texture and tone of the skin. The aging population is a major factor driving the growth of this segment. Cleansing ingredients are essential for removing dirt, oil, and makeup from the skin. Natural cleansing ingredients, such as aloe vera and chamomile, are becoming increasingly popular due to their gentle and effective properties.The rising demand for natural and organic skincare products is driving the growth of this segment. Soothing ingredients help calm and soothe the skin. These ingredients are often used in products for sensitive skin or skin conditions such as eczema and psoriasis. The growing prevalence of skin sensitivity is driving the growth of this segment.
Natural Cosmetics Ingredients Market Application Insights
The application segment plays a vital role in shaping the competitive landscape of the Natural Cosmetics Ingredients Market. Skin Care emerged as the leading application segment, accounting for nearly half of the market share in 2023. It is projected to maintain its dominance throughout the forecast period, driven by the rising demand for natural and organic skincare products. Hair Care, Makeup, Body Care, and Bath and Shower Products are other significant application segments in the Natural Cosmetics Ingredients Market, each with its unique market dynamics and growth prospects.The growing awareness of the harmful effects of synthetic ingredients in cosmetics has prompted consumers to seek out natural alternatives, fueling the overall growth of the Natural Cosmetics Ingredients Market.
Natural Cosmetics Ingredients Market Certification Insights
The Natural Cosmetics Ingredients Market segmentation by Certification comprises Organic, Natural, USDA Certified, Ecocert, and Cosmos. Organic ingredients are cultivated without synthetic pesticides, fertilizers, or GMOs and are in high demand due to consumer preference for natural and sustainable products. Natural ingredients are derived from plants, minerals, or other natural sources and are perceived as gentler and less irritating than synthetic ingredients. USDA Certified ingredients meet the standards set by the United States Department of Agriculture's National Organic Program, ensuring that they are produced organically.Ecocert is a European certification body that sets standards for organic and natural cosmetics ingredients. Cosmos is a certification standard for natural and organic cosmetics, ensuring that products meet specific criteria for environmental and social responsibility. The Natural Cosmetics Ingredients Market revenue for Organic, Natural, USDA Certified, Ecocert, and Cosmos ingredients is expected to grow significantly in the coming years, driven by rising consumer demand for natural and sustainable products.
Natural Cosmetics Ingredients Market Regional Insights
The Natural Cosmetics Ingredients Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, APAC held the largest market share in 2023 and is expected to maintain its dominance throughout the forecast period. The growth in this region can be attributed to the rising demand for natural and organic cosmetics, increasing disposable income, and growing awareness about the benefits of natural ingredients. Europe is the second-largest market for natural cosmetics ingredients, followed by North America. The growing popularity of clean beauty and the presence of major cosmetic manufacturers in these regions contribute to their significant market share.South America and MEA are expected to witness steady growth in the coming years due to the increasing demand for natural cosmetics and the growing middle-class population.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Natural Cosmetics Ingredients Market Key Players And Competitive Insights
Major players in the Natural Cosmetics Ingredients Market are constantly looking for ways to stay ahead of the competition. Some of the most common strategies include investing in research and development, expanding into new markets, and acquiring other companies. By staying ahead of the curve, these companies can continue to grow their market share and profitability.The Natural Cosmetics Ingredients Market industry is highly competitive, with a number of leading players. Some of the key players in the market include Ashland, BASF, Clariant, Croda International, and Dow. These companies offer a wide range of natural cosmetics ingredients, including plant extracts, essential oils, and minerals. Natural Cosmetics Ingredients Market development has been driven by the growing demand for natural and organic personal care products. Consumers are increasingly becoming aware of the potential health and environmental risks associated with synthetic ingredients and are looking for more natural alternatives.A leading company in the Natural Cosmetics Ingredients Market is Ashland. The company offers a wide range of natural ingredients, including plant extracts, essential oils, and minerals. Ashland has a strong reputation for quality and innovation, and its products are used by a number of leading cosmetic brands. The company has a presence, with operations in North America, Europe, and Asia. A competitor company in the Natural Cosmetics Ingredients Market is BASF. The company offers a wide range of natural ingredients, including plant extracts, essential oils, and minerals. BASF has a strong focus on research and development, and its products are known for their high quality and performance. The company has a presence, with operations in North America, Europe, and Asia.
Key Companies in the Natural Cosmetics Ingredients Market Include
- Clariant AG
- Mane SA
- BASF SE
- Lonza Group AG
- Solvay SA
- Croda International plc
- Firmenich SA
- Ashland
- Dow
- Symrise AG
- Sensient Technologies Corporation
- Evonik Industries AG
- Givaudan SA
- IFF
- Robertet SA
Natural Cosmetics Ingredients Market Industry Developments
The natural cosmetics ingredients market is projected to reach USD 104.8 billion by 2032, exhibiting a CAGR of 9.53% during the forecast period (2024-2032). Rising consumer awareness about the harmful effects of synthetic chemicals in conventional cosmetics has fueled the demand for natural and organic ingredients. Additionally, the growing popularity of vegan and cruelty-free cosmetics has further boosted market growth. Key industry players are focusing on product innovation and strategic partnerships to meet evolving consumer preferences. Recent developments include the launch of new plant-based ingredients, collaborations with ethical and sustainable suppliers, and investments in research and development. The market is expected to witness continued growth in the coming years, driven by increasing disposable income and the growing adoption of natural and eco-friendly products.
Natural Cosmetics Ingredients Market Segmentation Insights
- Natural Cosmetics Ingredients Market Type Outlook
- Botanical Extracts
- Essential Oils
- Carrier Oils
- Clays and Minerals
- Vitamins and Antioxidants
- Natural Cosmetics Ingredients Market Function Outlook
- Moisturizing
- Antioxidant
- Anti-aging
- Cleansing
- Soothing
- Natural Cosmetics Ingredients Market Application Outlook
- Skin Care
- Hair Care
- Makeup
- Body Care
- Bath and Shower Products
- Natural Cosmetics Ingredients Market Certification Outlook
- Organic
- Natural
- USDA Certified
- Ecocert
- Cosmos
- Natural Cosmetics Ingredients Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
42.18(USD Billion) |
| Market Size 2023 |
46.2(USD Billion) |
| Market Size 2032 |
104.8(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
9.53% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Clariant AG, Mane SA, BASF SE, Lonza Group AG, Solvay SA, Croda International plc, Firmenich SA, Ashland, Dow, Symrise AG, Sensient Technologies Corporation, Evonik Industries AG, Givaudan SA, IFF, Robertet SA |
| Segments Covered |
Type, Function, Application, Certification, Regional |
| Key Market Opportunities |
Growing demand for ethical products increasing awareness of environmental concerns, rising consumer spending on natural and organic products, technological advancements in extraction and formulation, expanding applications in hair care, skincare, and color cosmetics. |
| Key Market Dynamics |
Growing consumer demand for natural products Rise in disposable income Increasing awareness about synthetic chemicals Technological advances in extraction processes Advent of e-commerce platforms |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The natural cosmetics ingredients market size was valued at USD 46.2 billion in 2023 and is projected to reach USD 104.8 billion by 2032, exhibiting a CAGR of 9.53% during the forecast period.
The key regions in the natural cosmetics ingredients market are North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is expected to hold the largest market share during the forecast period due to the increasing demand for natural and organic personal care products in the region.
Natural cosmetics ingredients are primarily used in skincare, haircare, and makeup products. In skincare, they are used in cleansers, moisturizers, serums, and masks. In haircare, they are used in shampoos, conditioners, and styling products. In makeup, they are used in foundations, lipsticks, and eyeshadows.
Some of the key competitors in the natural cosmetics ingredients market include BASF, Clariant, Croda International, Dow, DuPont, Evonik, Givaudan, IFF, Lonza, and Symrise.
The key growth drivers of the natural cosmetics ingredients market include the increasing demand for natural and organic personal care products, the growing awareness of the benefits of natural ingredients, and the rising disposable income in emerging economies.
The key challenges faced by the natural cosmetics ingredients market include the high cost of natural ingredients, the limited availability of some natural ingredients, and the stringent regulatory requirements for cosmetic products.
The key opportunities for the natural cosmetics ingredients market include the growing demand for personalized cosmetics, the increasing popularity of online retailing, and the expansion of the market in emerging economies.
The key trends in the natural cosmetics ingredients market include the increasing use of natural and organic ingredients, the growing popularity of vegan and cruelty-free products, and the development of new and innovative natural ingredients.
The COVID-19 pandemic had a significant impact on the natural cosmetics ingredients market. The closure of retail stores and the decline in consumer spending led to a decrease in demand for natural cosmetics ingredients. However, the market is expected to recover in the post-pandemic period as consumers become more aware of the benefits of natural and organic personal care products.
The future outlook of the natural cosmetics ingredients market is positive. The market is expected to continue to grow in the coming years as consumers become more interested in natural and organic personal care products. The rising disposable income in emerging economies and the increasing popularity of online retailing are also expected to contribute to the growth of the market.
