Cosmetic Antioxidants - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Cosmetic Antioxidants Market is accounted for $119.00 million in 2020 and is expected to reach $217.02 million by 2028 growing at a CAGR of 7.8% during the forecast period. Some of the factors such as customization in cosmetic products and the rise in online purchase of cosmetics during the pandemic are propelling the market growth. However, the availability of advanced medical treatments in developed countries is hampering the market growth.
Cosmetic antioxidants are naturally occurring substances that serve the purpose of providing vitamins and minerals against the free radicals which contribute to destroying the DNA, lipids, and proteins. It includes the formulation of fragrance, oil, and fats which enhances the damaged skin, dry skin, dark spots, and many other related issues.
Based on the source, the natural cosmetic antioxidants segment is estimated to have a lucrative growth due to the rising preference of consumers towards natural and herbal cosmetic products has enlarged the adoption of natural antioxidants in cosmetics. The rising demand for high-quality natural ingredients in cosmetics with the least side effects is also foremost to the increased demand for natural antioxidants in cosmetics.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to increasing the inclination of consumers to cosmetic products for protection from the sun UV rays as well as pollution.
Some of the key players profiled in the Cosmetic Antioxidants Market include Yasho Industries, Wacker Chemie AG, SEPPIC, Provital, Nexira, BASF SE, Lonza Group AG, Royal DSM, Ashland, Jan Dekker, ADM, Eastman Chemical, Croda International, BTSA BiotecnologiasAplicadas S.L., Merck, Kemin Industries, and Barentz.
• Hair Cleansing
• Hair Conditioning
• Ultraviolet (UV) Protection
• Natural Cosmetic Antioxidants
• Chemically Derived Cosmetic Antioxidants
Distribution Channels Covered:
• Hair Care
• Skin Care
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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