South and Central America Cosmetic Bioactive Ingredients Market
No. of Pages: 131 | Report Code: TIPRE00025815 | Category: Chemicals and Materials
No. of Pages: 131 | Report Code: TIPRE00025815 | Category: Chemicals and Materials
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 South and Central America 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 South and Central America cosmetic bioactive ingredients market.
Latin America is witnessing a growing number of COVID-19 cases. With the outbreak of second wave COVID-19, there has been an increasing number of cases in the Latin American countries. Currently, the country is rapidly increasing its clinical programs to fight against the novel corona virus. There has been a rising focus on COVID-19 treatment. Many manufacturing plants have been shut down amid the pandemic. Majority of the manufacturing companies are concentrated in developing the therapeutics for covid patients in the region. Thus, the market has been slightly negatively affected or neutral due to the pandemic as majority of the market players are focusing on Covid-19 only.
Strategic insights for the South and Central America 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.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 83.7 Million |
| Market Size by 2028 | US$ 115.6 Million |
| Global CAGR (2021 - 2028) | 4.7% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Ingredient Type
|
| Regions and Countries Covered | South and Central America
|
| Market leaders and key company profiles |
The geographic scope of the South and Central America 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 South and Central America cosmetic bioactive ingredients market is projected to reach US$ 115.6 million by 2028 from US$ 83.7 million in 2021; it is anticipated to grow at a CAGR of 4.7% from 2021 to 2028. Increasing consumer demand for natural products is fueling the research related to bioactive substances that can be used in cosmetics. South and Central America is home to a few of the biggest bioactive ingredient manufacturers and personal care brands such as BASF, and DSM. The launch of bioactive ingredients for the personal care industry is driving the growth of the market. In June 2019, BASF Care Creations launched three new active ingredients for the beauty market, which use rambutan trees that provide skin hydration and rejuvenation. Similarly, in April 2019, Lonza launched the H2OBioEV bioactive ingredient, which is a unique combination of naturally sourced ingredients—Aphanothece Sacrum polysaccharides and Galactoarabinan—with water and glycerin. The ingredient confers moisturization abilities by replenishing essential humectants, which facilitates optimal environment for the formation and maintenance of a strong epidermal protein barrier.
In terms of ingredient type, the amino acids segment accounted for the largest share of the South and Central America cosmetic bioactive ingredients market in 2020. Further, based on sources, the plant segment held the largest market share in 2020.
A few major primary and secondary sources referred to for preparing this report on the cosmetic bioactive ingredients market in South and Central America 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.
By Ingredient Type
By Sources
By Country
The South and Central America Cosmetic Bioactive Ingredients Market is valued at US$ 83.7 Million in 2021, it is projected to reach US$ 115.6 Million by 2028.
As per our report South and Central America Cosmetic Bioactive Ingredients Market, the market size is valued at US$ 83.7 Million in 2021, projecting it to reach US$ 115.6 Million by 2028. This translates to a CAGR of approximately 4.7% during the forecast period.
The South and Central America Cosmetic Bioactive Ingredients Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South and Central America Cosmetic Bioactive Ingredients Market report:
The South and Central America Cosmetic Bioactive Ingredients Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South and Central America Cosmetic Bioactive Ingredients Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South and Central America Cosmetic Bioactive Ingredients Market value chain can benefit from the information contained in a comprehensive market report.
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