[154 Pages Report] Cosmetic Antioxidants Market is projected to grow from USD 109.0 Million in 2017 to USD 150.9 Million by 2023, at a CAGR of 5.6% from 2018 to 2023.
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Drivers & Opportunities in global industry:
These players adopted various strategies such as new product launches and expansions to strengthen their position in the cosmetic antioxidants market.
The natural segment led the cosmetic antioxidants in 2017. Natural antioxidants are widely used owing to the growing demand for organic and herbal cosmetic products. Synthetic antioxidants such as Butylated Hydroxytoluene (BHT) and Butylated Hydroxyanisole (BHA) are used in limited volume, as they are chemically derived ingredients. In western regions, cosmetic ingredients derived from chemical processes are strictly regulated and require COSMOS and ECOCERT certification for application in cosmetics
Read More @ https://www.prnewswire.com/news-releases/cosmetic-antioxidants-market-worth-1509-million-usd-by-2023-685128611.html
The Asia Pacific region is the largest consumer of cosmetic antioxidants across the globe. The cosmetic antioxidants market in Asia Pacific is projected to grow at the highest CAGR during the forecast period. Countries such as China and India are highly populated economies with rising preference to cosmetic products for personal care and beauty enhancement.
BASF (Germany) focuses on expansions and new product launches to meet the increased demand for cosmetic antioxidants from consumers across the globe and enter the untapped markets. In October 2016, BASF constructed a new plant in Ludwigshafen, Germany for the production of Vitamin A. This expansion increased the total vitamin A production capacity by 1,500 metric tons. Vitamin A produced by BASF is widely used in the cosmetic industry. In January 2015, BASF launched a new anti-aging solution, Beautiful Faces, for face care in Europe. The new care solution targets the specific needs of customers and helps the company build a strong brand image. These new product launches helped BASF strengthen its position in the global cosmetic antioxidants market.
Koninklijke DSM (Royal DSM), is another leader in the cosmetic antioxidants market. It focuses on the strategy of acquisitions to attain a large share in the cosmetic antioxidants market. In March 2015, Royal DSM acquired Aland (HK) Holding Limited (China), a leading manufacturer of Vitamin C in China. The acquisition helped the company expand its global presence in the personal care industry. This strategy has strengthened the company’s position in the Vitamin C market.
Wacker Chemie (Germany), in September 2015, introduced nature-identical hydroxytyrosol, which is a highly effective antioxidant. This antioxidant is produced using company’s patented process and was launched for use in cosmetics and personal care industries based in Brazil and South America. The product is marketed with the brand name HTEssence for skin and hair care products, such as anti-aging creams, hair masks or leave-in conditioners. This strategy has helped the company to broaden its product portfolio of cosmetic antioxidants. These strategies are expected to help the company expand its market reach to untapped locations and increase its share in the cosmetic antioxidants market.
Premium Insights of the report:
Don't miss out on business opportunities in Cosmetic Antioxidants Market.
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About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
Get PDF brochure of the Report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=144119844
Drivers & Opportunities in global industry:
- Increase in Aging Population
- Rising Demand From Asia Pacific
- Emergence of the Lifestyle Segment
- Rising Demand for Male Cosmetics
These players adopted various strategies such as new product launches and expansions to strengthen their position in the cosmetic antioxidants market.
The natural segment led the cosmetic antioxidants in 2017. Natural antioxidants are widely used owing to the growing demand for organic and herbal cosmetic products. Synthetic antioxidants such as Butylated Hydroxytoluene (BHT) and Butylated Hydroxyanisole (BHA) are used in limited volume, as they are chemically derived ingredients. In western regions, cosmetic ingredients derived from chemical processes are strictly regulated and require COSMOS and ECOCERT certification for application in cosmetics
Read More @ https://www.prnewswire.com/news-releases/cosmetic-antioxidants-market-worth-1509-million-usd-by-2023-685128611.html
The Asia Pacific region is the largest consumer of cosmetic antioxidants across the globe. The cosmetic antioxidants market in Asia Pacific is projected to grow at the highest CAGR during the forecast period. Countries such as China and India are highly populated economies with rising preference to cosmetic products for personal care and beauty enhancement.
BASF (Germany) focuses on expansions and new product launches to meet the increased demand for cosmetic antioxidants from consumers across the globe and enter the untapped markets. In October 2016, BASF constructed a new plant in Ludwigshafen, Germany for the production of Vitamin A. This expansion increased the total vitamin A production capacity by 1,500 metric tons. Vitamin A produced by BASF is widely used in the cosmetic industry. In January 2015, BASF launched a new anti-aging solution, Beautiful Faces, for face care in Europe. The new care solution targets the specific needs of customers and helps the company build a strong brand image. These new product launches helped BASF strengthen its position in the global cosmetic antioxidants market.
Koninklijke DSM (Royal DSM), is another leader in the cosmetic antioxidants market. It focuses on the strategy of acquisitions to attain a large share in the cosmetic antioxidants market. In March 2015, Royal DSM acquired Aland (HK) Holding Limited (China), a leading manufacturer of Vitamin C in China. The acquisition helped the company expand its global presence in the personal care industry. This strategy has strengthened the company’s position in the Vitamin C market.
Wacker Chemie (Germany), in September 2015, introduced nature-identical hydroxytyrosol, which is a highly effective antioxidant. This antioxidant is produced using company’s patented process and was launched for use in cosmetics and personal care industries based in Brazil and South America. The product is marketed with the brand name HTEssence for skin and hair care products, such as anti-aging creams, hair masks or leave-in conditioners. This strategy has helped the company to broaden its product portfolio of cosmetic antioxidants. These strategies are expected to help the company expand its market reach to untapped locations and increase its share in the cosmetic antioxidants market.
Premium Insights of the report:
- Attractive Growth Opportunities in the Cosmetic Antioxidants Market
- Cosmetic Antioxidants Market, By Region
- Cosmetic Antioxidants Market, By Type and Function
- Cosmetic Antioxidants Market, By Country
- Cosmetic Antioxidants Market, By Application and Region
Don't miss out on business opportunities in Cosmetic Antioxidants Market.
Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=144119844
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
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