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Cosmetic Lipid Ingredients Market - By Product (Triglycerides, Phospholipids, Sphingolipids, Ionizable lipids), By Source (Plant Based, Animal Based, Algae, Insects), By Application (Skincare products, Haircare products, Makeup) & Global Forecast, 2023-2032

  • Report ID: GMI5511
  • Published Date: Mar 2023
  • Report Format: PDF

Cosmetic Lipid Ingredients Market Size

Cosmetic Lipid Ingredients Market size was valued at over USD 10 billion in 2022. Driven by growing beauty products and functional cosmetics sector, the industry is anticipated to grow at 5.5% CAGR from 2023 to 2032. 

Cosmetic Lipid Ingredients Market

The skin benefits associated with cosmetic lipid ingredients have elevated their demand in beauty and cosmetics sector. Cosmetic lipid ingredients such as phospholipids are one of the most powerful humectants, which help retain the necessary moisture content in the skin and are widely used in cosmetics. In fact, another form of cosmetic lipid ingredient, lipopeptides demonstrate superior emulsifying, low-skin irritation, anti-wrinkle, washability, and anti-wrinkle effects, which is likely to bolster their adoption in cosmetic cleansing applications. 

Furthermore, growing occurrence of skin problems such as dryness, acne, psoriasis, and rashes has proliferated the use of various lipid ingredients in cosmetics, elevating industry landscape. As per the National Eczema Association, nearly 31.6 million people, which accounts for 10.1% of the population have some form of eczema in the U.S. alone, which is likely to hasten the demand for lipid ingredients in cosmetics. 

Fluctuations in raw material prices may restrain industry development

Despite a broad scope for product adoption, the industry faces a major challenge due to fluctuations in raw material prices. Over the last two years, the ever-changing prices of bioactive agents, fats, phospholipids, waxes, vegetable oils, and other raw materials used in production of cosmetic lipid ingredients have presented barriers to industry development. Moreover, fluctuations in the price of raw materials and finished products have further given birth to uncertainties across the supply chain, impeding industry expansion. 

Cosmetic Lipid Ingredients Market Analysis

Cosmetic Lipid Ingredients Market 2022 by Product

Based on product, cosmetic lipid ingredients market from the phospholipids segment is anticipated to witness a valuation of over USD 5.5 billion by 2032. Phospholipids have superior moisturizing properties without being occlusive and assist the skin’s reparative functions. In addition, they help deliver other ingredients effectively to the skin and demonstrate antioxidant effects. They find huge applications as excipients in personal care products and cosmetics. In fact, lecithin, a common type of phospholipid is used in skin care products as a water-binding agent, emollient, and emulsifying agent.

Global Cosmetic Lipid Ingredients Share, By Application

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Cosmetic lipid ingredients industry held a valuation of over USD 10 billion in 2022 and is poised to grow at 5.5% CAGR from 2023 to 2032, driven by growing functional cosmetics and beauty products sector.

Phospholipids segment is anticipated to record a valuation of over USD 5.5 billion by 2032, owing to its excellent moisturizing properties.

Asia Pacific cosmetic lipid ingredients market is slated to grow at over 6% CAGR from 2023 to 2032, driven by growing inclination towards premium personal care products and cosmetics.

Some of the major market players include names such as Lipoid GmbH, Nordic Naturals Inc., Solutex GC Sl, ABITEC Corporation, Sonic Biochem Extraction Pvt Ltd, and BASF SE, among others.

Cosmetic Lipid Ingredients Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 16
  • Tables & Figures: 352
  • Countries covered: 21
  • Pages: 246
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