USD 1.11 billion
Global Anti-Aging Ingredients Market Size, Share, Growth Analysis, By Form(Liquid and powder), By Application(Cosmetics and nutraceuticals) - Industry Forecast 2024-2031
Report ID:
SQMIG30L2210 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
59 |
Figures:
75
Global Anti-Aging Ingredients Market Insights
Global Anti-Aging Ingredients Market size was valued at USD 1.11 billion in 2021 and is poised to grow from USD 1.20 billion in 2022 to USD 2.18 billion by 2030, growing at a CAGR of 7.8% during the forecast period (2023-2030).
With the increasing emphasis on youthful appearance and the desire to combat signs of aging, anti-aging ingredients have witnessed a surge in demand. This market encompasses a wide range of ingredients, including antioxidants, peptides, retinol, hyaluronic acid, and vitamins, among others. These ingredients are incorporated into various skincare and cosmetic products, such as creams, serums, lotions, and masks, catering to different consumer needs and preferences. The market is driven by several factors, including the rising aging population, growing consumer awareness about skincare and wellness, and advancements in ingredient technology. Moreover, the market is fueled by the increasing adoption of anti-aging products by both men and women across different age groups. In addition, the influence of social media and celebrity endorsements has played a significant role in boosting the demand for anti-aging ingredients and products. North America dominated the market due to the high disposable income, well-established skincare industry, and strong consumer awareness. However, the Asia Pacific region is expected to witness substantial growth in the coming years due to the growing urbanization, rising disposable income, and changing lifestyle patterns. The global market is highly competitive, with numerous key players, including multinational corporations and regional manufacturers, competing for market share. These companies focus on product innovation, research and development, strategic collaborations, and mergers and acquisitions to strengthen their market presence and gain a competitive edge. The market also faces challenges such as regulatory constraints, ethical concerns related to animal testing, and the emergence of natural and organic skincare alternatives. Nevertheless, the global anti-aging ingredients market is projected to continue its growth trajectory in the foreseeable future, driven by the growing consumer demand for effective and safe anti-aging solutions and the continuous advancements in ingredient science and formulation techniques.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Liquid
Fastest Growth
Liquid
Growth Rate
7.8% CAGR
Global Anti-Aging Ingredients Market ($ Bn)
Country Share for North America Region (%)
Global Anti-Aging Ingredients Market By Form ($ Bn)
Global Anti-Aging Ingredients Market By Form (%)
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Global Anti-Aging Ingredients Market Segmental Analysis
The Global Anti-Aging Ingredients Market is segmented by form, application, and region. Based on form, the market can be segmented into Liquid and powder. Based on application, the market is segmented into Cosmetics and nutraceuticals. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis by Form
The dominant segment in the Global Anti-Aging Ingredients Market is liquid. Liquid anti-aging ingredients are widely preferred due to their ease of formulation and incorporation into various skincare products. Liquid ingredients offer better solubility and stability, allowing for efficient delivery and absorption into the skin. Moreover, they provide a smoother texture and better spreadability, enhancing the overall sensory experience for consumers. The liquid segment holds a significant market share due to its versatility and widespread usage across different anti-aging formulations.
On the other hand, the fastest-growing segment in the Global Anti-Aging Ingredients Market is powder. Powder anti-aging ingredients have gained traction in recent years due to their extended shelf life, higher concentration levels, and increased demand for customizable skincare solutions. Powder ingredients offer stability and prolonged effectiveness, as they are typically more resistant to degradation and oxidation. Additionally, powders allow for precise dosing and easy customization of formulations, enabling consumers to tailor their skincare products according to their specific needs and preferences. The powder segment is witnessing rapid growth as consumers increasingly seek personalized and potent anti-aging solutions.
Analysis by Application
The dominant segment in the Global Anti-Aging Ingredients Market based on application is cosmetics. Cosmetics encompass a wide range of skincare products, including creams, serums, lotions, and masks, which are specifically formulated to target and address signs of aging. The cosmetics segment holds a significant market share due to the high consumer demand for anti-aging skincare products. These products are sought after for their ability to improve skin texture, reduce wrinkles and fine lines, and promote a more youthful appearance. The cosmetics industry continuously invests in research and development to introduce innovative anti-aging formulations and ingredients, driving the dominance of this segment in the market.
Meanwhile, the fastest-growing segment in the Global Anti-Aging Ingredients Market based on application is nutraceuticals. Nutraceuticals are oral supplements and ingestible products that contain anti-aging ingredients to provide holistic wellness and support skin health from within. The nutraceuticals segment is witnessing rapid growth due to the increasing consumer focus on overall health and wellness, along with the recognition of the connection between nutrition and skin aging. Nutraceuticals offer a convenient and holistic approach to anti-aging by delivering beneficial ingredients to the body internally. The segment is expected to grow as more consumers embrace the concept of beauty from within and seek natural and functional solutions to combat aging.
Global Anti-Aging Ingredients Market By Form, 2023 (%)
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Global Anti-Aging Ingredients Market Regional Insights
North America dominated the Global Anti-Aging Ingredients Market. North America holds a significant market share due to factors such as high disposable income, strong consumer awareness about skincare and wellness, and a well-established skincare industry. The region is home to several key players in the anti-aging ingredients market and is characterized by a high demand for innovative and effective anti-aging products. The presence of a large aging population and the influence of celebrity endorsements further contribute to the dominance of the North American market.
Asia Pacific is the fastest-growing region in the Global Anti-Aging Ingredients Market. The Asia Pacific region is experiencing rapid growth due to various factors, including increasing urbanization, rising disposable income, and changing lifestyle patterns. The region's population is increasingly prioritizing skincare and beauty, driving the demand for anti-aging ingredients and products. Additionally, the market growth in Asia Pacific is fueled by the adoption of Western skincare trends, expanding middle-class population, and the influence of social media. The Asia Pacific region presents significant growth opportunities for manufacturers and is expected to witness substantial market expansion in the coming years.
Global Anti-Aging Ingredients Market By Geography, 2024-2031
- Largest
- Fastest
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Global Anti-Aging Ingredients Market Dynamics
Drivers
Increasing aging population
- One key driver of the Global Anti-Aging Ingredients Market is the rising aging population. As the global population continues to age, there is a growing demand for anti-aging products and ingredients to address the visible signs of aging. This demographic shift contributes to the sustained growth of the market as individuals seek effective solutions to maintain a youthful appearance and combat age-related skin concerns.
Restraints
Regulatory constraints and ethical concerns related to animal testing
- One key restraint of the market is the regulatory constraints and ethical concerns related to animal testing. The development and testing of anti-aging ingredients often involve animal experimentation, which raises ethical considerations and regulatory challenges. Increasingly, there is a push for alternative testing methods and a demand for cruelty-free and ethical skincare products. These constraints can impact the pace of innovation and product development in the market, as companies navigate regulations and seek alternative testing approaches.
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Global Anti-Aging Ingredients Market Competitive Landscape
The competitive landscape of the Global Anti-Aging Ingredients Market is characterized by intense competition and a diverse range of market players. The market is highly fragmented, consisting of multinational corporations, regional manufacturers, and emerging players. These companies strive to gain a competitive edge by focusing on product innovation, research and development, strategic collaborations, and mergers and acquisitions. They aim to introduce novel anti-aging ingredients and formulations that cater to evolving consumer demands for safe, effective, and personalized skincare solutions. Additionally, companies invest in marketing and branding strategies to enhance their market presence and capture consumer attention in this rapidly growing and competitive market.
Top Player’s Company Profiles
- BioThrive Sciences (US)
- Kao Corporation (Japan)
- SHISEIDO (Japan)
- L'Oréal S.A. (France)
- Estée Lauder Companies Inc. (US)
- Procter & Gamble Co. (US)
- Johnson & Johnson (US)
- Unilever PLC (Netherlands)
- BASF SE (Germany)
- Croda International Plc (UK)
- DSM Nutritional Products (Switzerland)
- Merck KGaA (Germany)
- Ashland Global Holdings Inc. (US)
- Lonza Group Ltd. (Switzerland)
- Symrise AG (Germany)
- Solvay SA (Belgium)
- Evonik Industries AG (Germany)
Recent Developments
- In May 2023, SHISEIDO introduced a breakthrough anti-aging technology called "Revitalizing Complex EX+" in their skincare products, which helps improve skin elasticity, reduce wrinkles, and enhance overall skin appearance.
- In March 2022, Beiersdorf AG launched a new anti-aging product line called "NIVEA Cellular Filler" targeting mature skin, featuring innovative ingredients to restore skin volume and firmness.
- In January 2022, L'Oréal S.A. announced the acquisition of Thayers Natural Remedies, a US-based skincare company known for its natural anti-aging products, to strengthen its presence in the growing clean beauty segment.
- In November 2021, Estée Lauder Companies Inc. launched a new anti-aging serum called "Advanced Night Repair Intense Reset Concentrate" featuring a blend of potent ingredients to address skin damage and rejuvenate the complexion.
- In September 2021, Kao Corporation announced the development of a new anti-aging skincare ingredient called "MultiSkin Protector" that provides comprehensive protection against multiple aging factors, including UV radiation and environmental stressors.
Global Anti-Aging Ingredients Key Market Trends
- One key market trend in the Global Anti-Aging Ingredients Market is the growing demand for natural and organic ingredients. Consumers are increasingly seeking skincare products formulated with natural and organic ingredients due to their perceived safety, sustainability, and potential benefits for skin health. There is a rising preference for plant-derived extracts, botanicals, and bioactive compounds that offer anti-aging properties without synthetic additives or harsh chemicals. This trend reflects the growing consumer consciousness towards clean beauty and the desire for more transparent and eco-friendly skincare options. Manufacturers in the market are responding to this trend by incorporating natural and organic ingredients into their formulations and highlighting their sustainability and environmental impact, catering to the evolving preferences of consumers.
Global Anti-Aging Ingredients Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our Global Anti-Aging Ingredients Market analysis, the market is experiencing significant growth and evolution driven by factors such as the rising aging population, increasing consumer awareness about skincare and wellness, and advancements in ingredient technology. The market encompasses a wide range of ingredients, with liquid ingredients dominating the market and cosmetics being the dominant application segment. The Asia Pacific region is the fastest-growing market due to urbanization, rising disposable income, and changing lifestyle patterns. The market is highly competitive, with key players focusing on innovation, research and development, and strategic collaborations. Regulatory constraints and ethical concerns related to animal testing pose restraints on market growth. Additionally, the market is witnessing a trend towards natural and organic ingredients, reflecting the growing demand for clean and sustainable skincare solutions. Overall, the market is projected to continue its growth trajectory, driven by increasing consumer demand for effective and safe anti-aging products and advancements in ingredient science.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 1.11 billion |
| Market size value in 2031 | USD 2.18 billion |
| Growth Rate | 7.8% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Anti-Aging Ingredients Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Anti-Aging Ingredients Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Anti-Aging Ingredients Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Anti-Aging Ingredients Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Anti-Aging Ingredients Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Anti-Aging Ingredients Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Anti-Aging Ingredients Market Report Snapshots
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