Asia Pacific Cosmetic Bioactive Ingredients Market

Market Introduction

Amid the active ingredients usually used in cosmetics preparation, there is a global trend of incorporating vegetable source products due to their commercial appeal, safety, and rich composition, often related with a synergistic or multifunctional effect. Botanical extracts are high in secondary metabolites that exist in plants with high structural diversity. Both flavonoids and non-flavonoids are related to various cosmetic properties, such as photoprotection, antiaging, moisturizing, antioxidant, astringent, anti-irritant, and antimicrobial activity. With bioactive components and pharmacologic activities, bioactive ingredients provide dermatologic benefits with potential applications for skin rejuvenation, photoprotection, and wound healing. The Asia Pacific cosmetic bioactive ingredients market growth is mainly attributed to rising preference for natural ingredients in cosmetic products and increasing launch of bioactive ingredients.

Moreover, the increasing research activities for development of bioactive ingredients is expected to bolster the market growth during the forecast period. However, stringent regulatory framework limits the growth of the Asia Pacific cosmetic bioactive ingredients market.

The COVID-19 pandemic has hit people because they want to change their current consumption to make life more convenient and safer. Consumers are also looking for “holistic, resilient and more conscious consumption” of dressings, food, and cosmetics. The effects of the COVID-19 outbreak will change significantly and permanently; the demand for color cosmetics is expected to slow down, and skincare is expected to increase. There are also new opportunities for personal care companies to offer additional related benefits that should be considered. Because of the social isolation and distancing, it also takes more "me time" and self-care. Thus, the need for cosmetic products with bioactive ingredients that have a medical benefit will increase enormously. The market for cosmetic bioactive ingredients received immense impulses from the COVID-19 pandemic with increasing research and development activities. Several studies have shown the antiviral properties of bioactive ingredients against COVID-19.

Asia Pacific Cosmetic Bioactive Ingredients Strategic Insights

Strategic insights for the Asia Pacific Cosmetic Bioactive Ingredients provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Asia Pacific Cosmetic Bioactive Ingredients Report Scope

Asia Pacific Cosmetic Bioactive Ingredients Regional Insights

The geographic scope of the Asia Pacific Cosmetic Bioactive Ingredients refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The Asia Pacific cosmetic bioactive ingredients market is projected to reach US$ 778.8 million by 2028 from US$ 531.9 million in 2021; it is anticipated to grow at a CAGR of 5.6% from 2021 to 2028. The use of bioactive materials in hair care, akin care, anti-aging product, among others, is an emerging trend in the personal care product industry. Living cells are being explored as ingredients to enhance the bioactivity, while nanoparticles and liposomes are being used as vehicles for the delivery of bioactive ingredients. The cosmetics industry pushes the frontiers of innovation by adopting emerging technologies and providing customers with value-added products. Technologies such as virtual reality (VR) and the Internet of Things (IoT) are gaining traction in the cosmetics industry.

Key Market Segments

In terms of ingredient type, the amino acids segment accounted for the largest share of the Asia Pacific cosmetic bioactive ingredients market in 2020. Further, based on sources, the plant segment held the largest market share in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the cosmetic bioactive ingredients market in Asia Pacific are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are BASF SE; DuPont de Nemours, Inc.; FMC CORPORATION, Cargill, Incorporated, Sensient Technologies Corporation, DSM, Ajinomoto Co. Inc.; Roquette Frères; ADM; and Vytrus Biotech.

Reasons to Buy Report

• To understand the Asia Pacific cosmetic bioactive ingredients market landscape and identify market segments that are likely to guarantee a strong return
• To comprehend the ever-changing market landscape and stay ahead in competition
• To efficiently plan merger and acquisition, and partnership deals in the Asia Pacific cosmetic bioactive ingredients market by identifying segments with the most promising probable sales
• To make knowledgeable business decisions from perceptive and comprehensive analysis of the market performance of various segments
• To obtain market revenue forecast of the Asia Pacific cosmetic bioactive ingredients market based on various segments for the period 2021–2028

ASIA PACIFIC COSMETIC BIOACTIVE INGREDIENTS MARKET SEGMENTATION

By Ingredient Type

• Probiotics and Prebiotics
• Omega-3 Fatty Acids
• Vitamins
• Carotenoids and Antioxidants
• Plant Extracts
• Minerals
• Amino Acids
• Proteins and Peptides
• Others

By Sources

• Plant
• Animal
• Microbial

By Country

• Asia Pacific

• • • • China
      • Japan
      • India
      • South Korea
      • Australia
      • Rest of Asia Pacific

Companies Mentioned

1. BASF SE
2. DuPont de Nemours, Inc.
3. FMC CORPORATION
4. Cargill, Incorporated
5. Sensient Technologies Corporation
6. DSM
7. Ajinomoto Co. Inc.
8. Roquette Frères
9. ADM
10. Vytrus Biotech