USD 654.13 million
Report ID:
SQMIG30L2145 |
Region:
Global |
Published Date: March, 2025
Pages:
198
|Tables:
63
|Figures:
77
Global Marine Based Skincare Ingredients Market size was valued at USD 654.13 million in 2023 and is poised to grow from USD 697.3 million in 2024 to USD 1162.73 million by 2032, growing at a CAGR of 6.6% during the forecast period (2025-2032).
These marine-based skincare ingredients are gaining popularity in the cosmetics and skincare industry due to their numerous benefits for the skin. The purpose of the market is to provide skincare products that harness the unique properties of marine-based ingredients to offer effective solutions for various skin concerns. These ingredients are known for their potent antioxidant, anti-inflammatory, moisturizing, and anti-aging properties, which can help improve the overall health and appearance of the skin. The market presents significant opportunities for skincare manufacturers and cosmetic companies to develop innovative skincare products that cater to the growing demand for natural and sustainable skincare solutions. Marine-based skincare ingredients offer a plethora of opportunities for product differentiation, formulation innovation, and marketing strategies that leverage the unique properties of these ingredients. The increasing consumer demand for clean and green skincare products, coupled with growing awareness about the benefits of marine-based ingredients, presents a compelling market opportunity.
US Marine Based Skincare Ingredients Market is poised to grow at sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
USD 654.13 million
Largest Segment
Face Care
Fastest Growth
Face Care
Growth Rate
6.6% CAGR
To get more reports on the above market click here to Buy The Report
Global Marine Based Skincare Ingredients Market is segmented by Ingredient Type, Application and region. Based on Ingredient Type, the market is segmented into Algae Based, Sea wood Based and Fish Based. Based on Application, the market is segmented into Face Care, Skin Care and Hair Care. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
The Algae Based segment contributed to the largest share of the global Marine Based Skincare Ingredients market revenue in 2021 and is expected to expand USD 299.04 million at a CAGR of 6.8%. Algae-derived skincare ingredients are gaining traction due to their high nutrient content, including vitamins, minerals, and antioxidants, which are known to nourish and rejuvenate the skin.
The Seawood Based segment is expected to expand at the fastest growth rate of 6.1%. Seaweed-derived skincare ingredients are known for their moisturizing, anti-inflammatory, and anti-aging properties, making them ideal for skincare products targeting hydration, soothing, and rejuvenation.
The Face Care Based segment accounted for the biggest revenue share of the global market for marine-based skincare ingredients in 2021 and is projected to grow by USD 424.80 million at a compound annual growth rate of 6.2%. Marine-based skincare ingredients are used in various face care products, including cleansers, toners, serums, moisturizers, and masks, targeting different skin concerns such as hydration, anti-aging, and brightening.
The Body Care market is anticipated to grow at a 5.5% annual pace, which is the fastest. Marine-based ingredients are also used in body care products such as body lotions, body scrubs, and body washes, providing nourishment, hydration, and rejuvenation to the skin.
To get detailed analysis on other segments, Request For Free Sample Report
With over 6.5% of the worldwide market for marine-based skincare ingredients in 2021, North America contributed the most. North America is a dominant market for marine-based skincare ingredients, driven by the increasing consumer demand for natural and sustainable skincare products, along with a high level of awareness about the benefits of marine-based ingredients.
With a CAGR of 8.3% predicted, Asia Pacific is the region with the fastest-growing nuts market. The Asia Pacific region is expected to witness the fastest growth in the marine-based skincare ingredients market, fueled by the growing awareness about marine-based ingredients, rising disposable incomes, and changing consumer preferences towards natural and effective skincare solutions.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Rising Popularity Of Marine-Based Skincare Rituals To Bring New Opportunities For Players
Environmental Concerns And Sustainability Challenges To Hinder Market Growth
Request Free Customization of this report to help us to meet your business objectives.
The global marine-based skincare ingredients market is competitive, with several players operating in the market. The competitive landscape is characterized by intense competition, with players vying for market share through product innovation, strategic partnerships, acquisitions, and expansion into new markets.
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 the robust Secondary Desk research.
According to our analyses, the global marine-based skincare ingredients market is a competitive and dynamic industry with players from various countries. The market is driven by increasing consumer demand for natural and sustainable skincare products, with marine-based ingredients gaining popularity for their potential skincare benefits. Companies are also focusing on marketing and promotional activities to create brand awareness and reach a wider customer base through digital marketing strategies and eco-friendly packaging. New entrants are challenging established players, intensifying the competition in the market. The global marine-based skincare ingredients market is expected to continue growing, driven by consumer preferences for natural, sustainable, and effective skincare products, and the constant efforts of companies to innovate and cater to changing market demands.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 654.13 million |
Market size value in 2032 | USD 1162.73 million |
Growth Rate | 6.6% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Million |
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:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Marine Based Skincare 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 Marine Based Skincare 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 Marine Based Skincare Ingredients Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Marine Based Skincare 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.
REQUEST FOR SAMPLE
Marine Based Skincare Ingredients Market size was valued at USD 654.13 Million in 2023 and is poised to grow from USD 697.3 Million in 2024 to USD 1162.73 Million by 2032, growing at a CAGR of 6.60% during the forecast period (2025-2032).
The global marine-based skincare ingredients market is competitive, with several players operating in the market. The competitive landscape is characterized by intense competition, with players vying for market share through product innovation, strategic partnerships, acquisitions, and expansion into new markets. 'Ashland Global Holdings Inc. (United States)', 'BASF SE (Germany)', 'Croda International Plc (United Kingdom)', 'Seppic (France)', 'Lonza Group Ltd. (Switzerland)', 'Givaudan S.A. (Switzerland)', 'Lipotec SAU (Spain)', 'Algues & Mer (France)', 'Codif Technologie Naturelle (France)', 'BioMarine Ingredients Ireland Ltd. (Ireland)', 'Marinova Pty Ltd. (Australia)', 'Vytrus Biotech (Spain)', 'BiotechMarine (France)', 'Laboratoires Expanscience (France)', 'Barentz Group (Netherlands)', 'Nourison (Netherlands)', 'Sea Run Holdings Inc. (Canada)', 'OceanBASIS GmbH (Germany)', 'The Seaweed Company (Netherlands)', 'Lipoid Kosmetik AG (Switzerland)', 'Eviagenics (Norway)', 'Marine Bio-Ingredients (Canada)'
Marine-based skincare rituals, inspired by traditional practices from coastal regions, are gaining popularity among consumers seeking unique and effective skincare solutions, which is driving the demand for marine-based skincare ingredients.
Skincare companies are investing in research and development to create innovative formulations of marine-based skincare ingredients that offer enhanced efficacy, stability, and sensory attributes for improved skincare product performance.
With over 6.5% of the worldwide market for marine-based skincare ingredients in 2021, North America contributed the most. North America is a dominant market for marine-based skincare ingredients, driven by the increasing consumer demand for natural and sustainable skincare products, along with a high level of awareness about the benefits of marine-based ingredients.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMIG30L2145
[email protected]
USA +1 351-333-4748