Cosmetic Lipid Ingredients Market Size

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. 

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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.