Cosmetic Lipid Ingredients Market Analysis

With respect to application, cosmetic lipid ingredients market from the skincare products segment is poised to record a valuation of over USD 7.5 billion by 2032. Rising demand for anti-aging treatment and skincare products amongst millennials has also augmented the demand for cosmetic products, favoring cosmetic lipid ingredients industry progress.
 

Moreover, lipids are known to prevent skin irritation and dryness by retaining essential moisture content. The increasing demand for personal care products for treating skin dryness owing to growing consumer inclination towards hygiene and healthy skin has bolstered the demand for cosmetic lipid ingredients for skincare applications.
 

Based on source, cosmetic lipid ingredients market from plant-based segment is anticipated to grow at over 5.5% CAGR from 2023 to 2032, owing to growing usage of plant-based lipids such as fatty acids, plant oils, and others as cosmetic emulsions. In fact, plant-based lipids can protect the skin from xenobiotics, favoring their demand for cosmetic applications. Some commonly used sources of plant-based cosmetic lipid ingredients include walnut oil, chia seeds, soybean oil, algae oil, and others.
 

Regionally, Asia Pacific cosmetic lipid ingredients market is poised to grow at over 6% CAGR from 2023 to 2032. Surging awareness among consumers about products that merge cosmeceutical and pharmaceutical products such as spot lightening cream, acne treatment lotion, acne ointment, and others is likely to proliferate natural cosmetic and cosmeceutical product demand in China, augmenting industry share.