Global Cosmetic Antioxidants Market is expected to reach USD 168.32 million by 2025, from USD 108.92 million in 2017 growing at a CAGR of 5.40% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Key Market Competitors: Global Cosmetic Antioxidants Market
The key players operating in the global cosmetic antioxidants market are –
- BASF SE
- Kemin Industries, Inc
- Barentz International BV
- Eastman Chemical Company
- Lonza Group
The other players in the market are Btsa Biotecnologias Aplicadas S.L., DSM, Croda International Plc, Evonik Dr. Straetmans, Wacker Chemie AG, Chemamde, Flavon International Ltd., Ashland, SEPPIC, Archer Daniels Midland Company, Merck Sharp & Dohme Corp., Jan Dekker, Yasho, Provital Group, Nexir and many more.
Key Insights in the report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global cosmetic antioxidants market
- Analyze and forecast the cosmetic antioxidants market on the basis of source, type, function and application
- Trends of key regional and country-level markets for source, type, function and application
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
Market Definition: Global Cosmetic Antioxidants Market
Cosmetic antioxidants are natural substances which are made up of minerals and vitamins. It helps in fighting against free radicals which harm proteins, lipids and DNA. The damaged skin cell results in aging due to dry skin, wrinkles, dark circles and diminishes flexibility. Dermatological formulation includes fats, fragrance and oils which are subjected to auto-oxidation by introduction to air, chemical degradation and causing off smell. Cosmetic antioxidants are helpful in two different ways. On one hand, they avoid degradation of natural substances such as sugars, proteins and lipids in the cosmetic items and on the other hand it helps the skin cells from being harmed and slow down the aging source. One of the factors which will drive the cosmetic antioxidant market is growing geriatric population. According to National Center for Biotechnology Information (NCBI), it has been estimated that by 2050 the people falling under the age of 80 years will contribute 10.4% of the Poland population as compared to that of 2013 which is 3.9%. As per the World Population Ageing, the number of older people at the age of 60 years or more is expected to increase from 841 million in 2013 to more than 2 billion in 2050. The above factor proves that the market of cosmetic around the globe is growing and will drive the demand for cosmetic antioxidants.
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Market Drivers:
- Changing the life style of individuals
- Increase in aging population
- Rising demand from developing countries
Market Segmentation: Global Cosmetic Antioxidants Market
By Source
- Natural Antioxidants
- Chemically Derived Antioxidants
By Type
- Vitamins E
- Vitamin C
- Vitamin A
- Polyphenols
- Enzymes
- Synthetics
- Others
By Function
- Hair Conditioning
- Anti-Aging
- Hair Cleansing
- Moisturizing
- UV Protection
- Anti-Inflammatory
- Others
By Application
- Skin Care
- Hair Care
- Makeup
- Other
By Geography
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
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