Marine Based Skincare Ingredients Market Size

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.