The global anti-aging ingredients market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). The major factor that is expected to fuel the global anti-aging ingredients market includes the wide advertisements and distribution channels for the anti-ageing products, coupled with increasing consumer awareness about health and personal care.
The other market driving factors include the increasing demand for cosmetic products and growing disposable incomes globally. In addition, formulators of anti-ageing products have come up with new technologies and effective ingredients such as advanced biotechnology products or synthetic peptides to gain a strong foothold in the anti-ageing ingredients market, which is also boosting the market growth over the forecast period.
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The global anti-aging ingredients market analysis includes some of the key market players such as OW Chemical Company, Evonik Industries AG, Lonza, Ashland Global Holdings Inc., Croda International Plc, BASF SE, Wacker Chemie AG, Clariant AG, Koninklijke DSM N.V., and Adeka, among others. To maintain a strong position in the market, these market players are adopting various strategic moves, such as product launches, partnerships, collaborations, and mergers and acquisitions. For instance, in September 2021, NOW Solutions added seven new products to the line, including a plant-based retinol-alternative skin renewal serum.
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Market Coverage
- Segment Covered
- Regions Covered- Globally
Competitive Landscape: OW Chemical Company, Evonik Industries AG, Lonza, Ashland Global Holdings Inc., Croda International Plc, and Adeka, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Anti-Aging Ingredients Market by Segment
By Application
- Skin Care
- Hair Care
By Source
- Natural
- Synthetic
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