Organic Personal Care Ingredients Market Size Is Projected To Reach USD 15.18 Billion By 2030


 San Francisco, 4 March 2024: The Report Organic Personal Care Ingredients Market Size, Share & Trends Analysis Report By Type, By Product (Natural Surfactants, Emollients), By Application (Skin Care, Hair Care), By Region, And Segment Forecasts, 2024 - 2030

The global organic personal care ingredients market is estimated to reach USD 15.18 billion by 2030 and is anticipated to expand at a CAGR of 5.4% during the forecast period, according to a new report by Grand View Research, Inc. This growth is attributed to the increasing demand for personal and skin care products.

The market is likely to witness tremendous growth over the forecast period on account of the rising awareness about the various health benefits of these products as compared to their synthetic counterparts. Ascending demand for chemical-free products has contributed to the growth of organic and skin care products. The rise in consumer disposable income coupled with changing lifestyles has also contributed to the growth over the past few years.

Furthermore, the rise of social media and the widespread availability of information have empowered consumers to become more discerning about the products they use, leading to a heightened interest in understanding the composition and sourcing of products. This has prompted a notable shift in purchasing behavior, with consumers actively seeking out products that prioritize organic and natural products.

Manufacturers such as L’Oréal; Oriflame; and L’Occitane have been investing heavily in the research and development of more products containing substances that are used in aromatherapy products. This has resulted in a rise in the demand for products over the past few years, which is expected to continue over the forecast period. Emerging economies such as India and China have registered tremendous growth in the demand for such products over the past few years owing to the growing awareness about the ill effects of synthetic products and rising standards of living.

Access Research Report of Organic Personal Care Ingredients Market @ https://www.grandviewresearch.com/industry-analysis/organic-personal-care-ingredients-market

Organic Personal Care Ingredients Market Report Highlights

  • Organic products dominated the product segment with more than 61.8% share in 2023. Growing consumer awareness about synthetic chemicals used in personal care products and toiletries is expected to propel the organic ingredients over the forecast years
  • The hair care application segment is expected to grow at the fastest CAGR over the forecast period
  • North America dominated the market. This is expected to promote the incorporation of natural components in products, favoring market growth over the forecast period in the region
  • In January 2023, Ashland announced its natural line for personal care, featuring hyalurotech, a sodium hyaluronate bioengineered using biotechnology

Organic Personal Care Ingredients Market Report Scope

Report Attribute

Details

Market size value in 2024

USD 10.51 billion

Revenue forecast in 2030

USD 15.18 billion

Growth rate

CAGR of 5.4% from 2024 to 2030

Base year for estimation

2023

Historical data

2018 - 2022

Forecast period

2024 - 2030

List of Key Players in the Organic Personal Care Ingredients Market

  • BASF SE
  • AkzoNobel
  • CLARIANT
  • Evonik Industries
  • Agrana Beteiligungs-AG
  • Cargill, Inc.
  • Croda International plc
  • Galaxy Surfactants Ltd.
  • GatteFosse SAS
  • The Lubrizol Corporation
  • Ashland, Inc.
  • Silab
  • Solvay
  • Symrise AG
  • Vivimed Labs Ltd
  • Rita McQueen Products
  • Alban Muller International SAS
  • Lucas Meyer Cosmetics

Access Press Release of Organic Personal Care Ingredients Market @ https://www.grandviewresearch.com/press-release/global-organic-personal-care-ingredients-market

 

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