DUBLIN--(BUSINESS WIRE)--The "North America Cosmetic Bioactive Ingredients Market 2022-2028" report has been added to ResearchAndMarkets.com's offering.
MARKET OUTLOOK
According to the publisher, the cosmetic bioactive ingredients market in North America is estimated to obtain a CAGR of 5.90% over the forecasting years from 2022 to 2028. The United States and Canada form the market in the studied region.
In Canada, the cosmetic industry is growing at a rapid pace owing to the rise in the adoption of personal care and beauty products. The hair, nail, and skin care segments have grown substantially in recent years. Products like Kevin Murphy Hydrate-ME shampoo and conditioner containing sunflower seed extracts have gained customer attention. These products help provide essential antioxidants to hair. Moreover, restorative skin therapy Itch Relief Balm by Aveeno is formulated using prebiotic, oat, aloe vera, pro-vitamin B5, etc. Therefore, the rise in the production of natural personal care products fuels the cosmetic bioactive ingredients market's growth.
Similarly, the rising demand for cosmetic and personal care products, along with the increasing production of men-specific products, drives the studied market's growth. For instance, Ranger Grooming provides jojoba and Moroccan argan oil-induced bear oil. Another company LAB Series provides age rescue eye therapy lotion that tightens the under-eye, decreasing signs of fatigue and aging. This has encouraged various companies to introduce new products to gain a competitive edge. Thus, these factors are anticipated to elevate the cosmetic bioactive ingredients market's growth over the forecast period.
Market Dynamics
Market Drivers
- Rising Demand for Personal Care Products
- Companies Introducing Bioactive Ingredients
Market Challenges
- Side Effects of Personal Care Products
- Cosmetic Ingredients' Harmful Impact on the Environment
Market Opportunities
- Increase in Male-Centric Products
- Launch of New Products
Key Topics Covered:
1. North America Cosmetic Bioactive Ingredients Market - Summary
2. Industry Outlook
3. North America Cosmetic Bioactive Ingredients Market Outlook - by Source
4. North America Cosmetic Bioactive Ingredients Market Outlook - by Ingredient
5. North America Cosmetic Bioactive Ingredients Market - Country Outlook
6. Competitive Landscape
7. Research Methodology & Scope
Companies Mentioned
- BASF Se
- Croda International
- Evonik
- Clariant
- Dow Chemical Company
- Symrise
- Lubrizol
- Ashland Global Holdings Inc
- Zschimmer & Schwarz
- Gattefosse
- Solvay
- Givaudan Active
- Nouryon
- Momentive Performance Materials
- Provital
For more information about this report visit https://www.researchandmarkets.com/r/fxv6v6
