What is the global market size of the Marine Based Skincare Ingredients Market?

Global Marine Based Skincare Ingredients Market size was valued at USD 575.64 billion in 2021 and is poised to grow from USD 613.63 billion in 2022 to USD 959.86 billion by 2030, at a CAGR of 6.6% during the forecast period (2023-2030).

Global Marine Based Skincare Ingredients Market Size, Share, Growth Analysis, By Application(Face Care, Skin Care), By Ingredient Type(Algae Based, Sea wood Based) - Industry Forecast 2024-2031

Report ID: SQMIG30L2145 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 63 | Figures: 77

Global Marine Based Skincare Ingredients Market Dynamics

Global Marine Based Skincare Ingredients Market Drivers

Rising Popularity Of Marine-Based Skincare Rituals To Bring New Opportunities For Players

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.

Marine-based skincare ingredients are known for their numerous benefits, such as hydration, anti-aging, soothing, and rejuvenation, which are driving their demand in the skincare industry.

Global Marine Based Skincare Ingredients Market Restraints

Environmental Concerns And Sustainability Challenges To Hinder Market Growth

Overfishing, pollution, and environmental degradation of marine habitats pose challenges to the sustainability of marine-based skincare ingredient sourcing, which may impact the availability and quality of marine-based skincare ingredients in the long term.

Global Marine Based Skincare Ingredients Market Report Snapshots

License Type Top market research company in USA

File Type

$5,300

BUY NOW GET FREE SAMPLE

Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Marine Based Skincare Ingredients Market size was valued at USD 613.63 million in 2022 and is poised to grow from USD 654.13 million in 2023 to USD 1090.74 million by 2031, growing at a CAGR of 6.60% during the forecast period (2024-2031).

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.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Global Marine Based Skincare Ingredients Market Size, Share, Growth Analysis, By Application(Face Care, Skin Care), By Ingredient Type(Algae Based, Sea wood Based) - Industry Forecast 2024-2031

Global Marine Based Skincare Ingredients Market Dynamics

Global Marine Based Skincare Ingredients Market Report Snapshots

Want to customize this report?

FAQs

What is the global market size of Marine Based Skincare Ingredients Market?

Who are the key vendors in the Global Marine Based Skincare Ingredients Market?

What is the key driver of Global Marine Based Skincare Ingredients Market?

What is the key market trend for Global Marine Based Skincare Ingredients Market?

Which region accounted for the largest share in Global Marine Based Skincare Ingredients Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300