Cosmetic Ingredients Market Size | Key Growth Drivers 2025

Code: MTA4383 Publication Date: Jun 2025

What is the Cosmetic Ingredients Market Size?

According to 6Wresearch internal database and industry insights, the Global cosmetic ingredients market was valued at approximately USD 35.6 billion in 2024 and is projected to reach USD 61.9 billion by 2031, growing at a CAGR of 5.7%.

This growth is driven by rising demand for natural and functional actives, increasing beauty and personal care spending, and regulatory push for safer formulations.

Key Growth Drivers in the Cosmetic Ingredients Market

  • Consumer preference for clean-label, natural, and eco-friendly formulations 
  • Rising demand for anti-aging, moisturizing, and multifunctional ingredient efficacy 
  • Technology-led innovations like nanotechnology, biotech-derived actives, and encapsulation
  • Expanding skincare, haircare, and oral care segments in emerging and developed markets

Cosmetic Ingredients Market Trends

The Cosmetic Ingredients Market is experiencing strong demand for botanical extracts, biodegradable preservatives, and sustainable surfactants, especially in AsiaPacific. Synthetic actives remain important for consistent performance, but natural-based formulations are growing faster. Functional ingredients—aimed at specific benefits like anti-aging or brightening—are increasingly used in skincare and haircare products. Additionally, formulators are adopting clean-label strategies and transparent sourcing claims in response to consumer scrutiny.

Emerging Developments in the Cosmetic Ingredients Market

New trends are Upcycled (e.g., apple peel, coffee grounds) beauty ingredients and personalization with AI, where a particular ingredient composition is adjusted depending on the consumer data. Firms are producing nano fungicide-grade actives, using biotech and fermentation process, and investing in sustainable extraction and manufacture process. There is also a trend towards clean and cruelty free certifications in North America and Europe.

Major Companies in the Cosmetic Ingredients Market

  • BASF SE
  • Dow Chemical Company
  • Croda International Plc
  • Ashland Global Specialty Chemicals
  • Clariant AG
  • Evonik Industries AG
  • Lonza Group Ltd.
  • Solvay SA
  • IFF (International Flavors & Fragrances)
  • Lubrizol Corporation
Frequently Asked Questions About the Market Study (FAQs)
Estimated at USD 35.6 billion in 2024, the Cosmetic Ingredients market is expected to exceed USD 61.9 billion by 2031, growing at a CAGR of 5.7%.
Botanical extracts and biodegradable preservatives are fastest-growing, while emulsifiers and surfactants maintain large volume shares.
Asia-Pacific leads demand, followed by North America and Europe, driven by rising skincare and beauty product adoption.
Clean-label sourcing, AI-personalized formulations, upcycled bio-based actives, and nanotechnology-enhanced delivery systems.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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