Healthcare and Pharmaceuticals
Global Anti-Aging Ingredient Market Size: Product Landscape; By Product Type: Chemical Peels, Sunscreen, Peptides, Hyaluronic Acid, Antioxidants, Retinol, Niacinamide and Others; By Application; By Form; Regional Analysis; Patent Analysis; Grants Analysis; Fundings and Investment Analysis; Strategic Initiatives; Competitive Analysis; 2024-2032
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Healthcare and Pharmaceuticals
Global Anti-Aging Ingredient Market Report and Forecast 2024-2032
Historical and Forecast Market Trends
2017-32
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Key Trends and Developments
Market Segmentation
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Report Overview
- Market Size
- Key Highlights
- Table Of Contents
The global anti-aging ingredient market was valued at USD 1.20 Billion in 2023, driven by rising demand for scientifically backed and effective ingredients across the globe. The market is anticipated to grow at a CAGR of 7.60% during the forecast period of 2024-2032, with the values likely to reach USD 2.32 Billion by 2032.
2023
Base Year
2017-2023
Historical Year
2024-2032
Forecast Year
- One of the major market trends includes the use of natural ingredients as anti-aging ingredients. For instance, a study published in May 2024, showed the advantages of using hibiscus in skincare.
- In February 2024, a study revealed that some compounds from medical herbs such as Angelica Acutiloba can be used as anti-aging ingredients. Such innovations are expected to elevate the market value during the forecast period.
- The ongoing research and development efforts to enhance the ingredients used for anti-aging are likely to increase the market value in the coming years.
Anti-Aging Ingredient Market Overview
In skincare products, anti-aging ingredients are used to decrease signs of aging such as wrinkles and skin elasticity loss. Typical components consist of retinoids, peptides, antioxidants, and hyaluronic acid. Consumer demand, rising awareness around skincare, and advancements in formulation are the driving forces behind the global market.
Anti-Aging Ingredient Market Growth Drivers
Rising Demand for Scientifically Backed and Effective Ingredients to Drive Market Growth
The rising consumer demand for scientifically supported anti-aging ingredients is stimulating expansion in the market. For instance, peptides are known for enhancing collagen production and improving skin elasticity, effectively addressing aging concerns like wrinkles and fine lines. Their superior penetration into the skin and effectiveness further appeal to consumers seeking advanced skincare solutions.
Anti-Aging Ingredient Market Trends
The market is witnessing several trends and developments to improve the current scenario. Some of the notable trends are as follows:
Rising Preference for Natural Ingredients
The market preference is shifting towards natural ingredient-based products due to the need for secure, efficient anti-aging remedies. There are several adverse effects of synthetic ingredients that are being used which push to move towards complete natural skincare options.
Technological Advancements to Boost the Anti-Aging Ingredient Market Value
The market is progressing in technology and research such as advanced adsorption systems to enhance the effectiveness of ingredients used in cosmetic products. Companies are dedicating resources to developing advanced technologies to satisfy consumer preferences for enhanced effectiveness.
Impact of Social Media
Social media platforms are powerful tools that promote anti-aging products which is reaching to large audiences quickly. Influencers share their routines, generating interest and building trust, thus stimulating demand, especially among young people.
Rising Awareness of Anti-Aging Benefits
Consumers are growing aware of the advantages of anti-aging products, fueled by readily available information that enhances their knowledge of skin health and longevity. This trend corresponds with increasing self-care and wellness interests that highlight proactive skincare practices involving anti-aging components.
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Anti-Aging Ingredient Market Segmentation
The market report offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
- Chemical Peels
- Hydroxy Acid
- Retinoic Acid Peel
- Others
- Sunscreen
- Titanium Dioxide
- Zinc Oxide
- Oxybenzone
- Dioxybenzone
- Others
- Peptides
- Hyaluronic Acid
- Antioxidants
- Retinol
- Niacinamide
- Others
Market Breakup by Application
- Cosmetics
- Nutraceuticals
- Others
Market Breakup by Form
- Liquid
- Powder
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Anti-Aging Ingredient Market Share
Segmentation Based on Product Type to Witness Substantial Growth
The market based on the product type is divided into chemical peels, sunscreen ingredients, peptides, hyaluronic acid, antioxidants, retinol, niacinamide, and others. The sunscreen segment is leading the market and is expected to dominate during the forecast period. Growing demand for skincare products is projected to enhance prospects in sunscreen ingredients, fueled by increased awareness of sunlight protection and the health risks of skin cancer and diseases triggered by UV radiation.
Anti-Aging Ingredient Market Analysis by Region
The market is divided into regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. High per-capita spending on such ingredients makes North America the leading region. The easy accessibility to online commerce benefits both local and foreign brands, leading to increased growth in the anti-aging ingredients market of this region. Asia-Pacific also holds a significant market share due to the increasing number of elderly residents.
Leading Players in the Anti-Aging Ingredient Market
The key features of the market report comprise patent analysis, grants analysis, funding and investment analysis and strategic initiatives by the leading players. The major companies in the market are as follows:
Contipro Inc.
Contipro, established in 1990, is a biotechnology company specializing in high-quality hyaluronic acid production. They have a focus on scientifically validated solutions targeting visible aging symptoms. The company employs rigorous testing and advanced tools to ensure product efficacy, providing clients with tailored anti-aging solutions for effective skin rejuvenation.
Beiersdorf AG
Beiersdorf AG, a German multinational based in Hamburg, produces personal-care items and adhesives. It is adva...
Kao Corporation
Kao Corporation, based in Tokyo, Japan, is a prominent manufacturer of chemical and cosmetics products. They s...
Unilever PLC
Unilever Plc manufactures fast-moving consumer goods, including food, beauty, and home care products. They are...
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the market include Adeka Corporation, BioThrive Sciences, BASF SE, and Croda International PLC.
Key Questions Answered in the Anti-Aging Ingredient Market Report
- What was the anti-aging ingredient market value in 2023?
- What is the anti-aging ingredient market forecast outlook for 2024-2032?
- What are the regional markets covered in the EMR report?
- What is the market segmentation based on product type?
- What is the market segmentation based on application?
- What is the market breakup based on form?
- What major factors aid the demand for anti-aging ingredients?
- How has the market performed so far and how is it anticipated to perform in the coming years?
- What are the major drivers, opportunities, and restraints in the market?
- What are the major trends influencing the market?
- Which regional market is expected to dominate the market share in the forecast period?
- Which country is likely to experience elevated growth during the forecast period?
- Who are the key players involved in the anti-aging ingredient market?
- What are the current unmet needs and challenges in the market?
- How are partnerships, collaborations, mergers, and acquisitions among the key market players shaping the market dynamics?
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
Key Highlights of the Report
Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.
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| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup byProduct Type |
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| Breakup byApplication |
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| Breakup byForm |
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| Breakup byRegion |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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Philippines +
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