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Organic Cosmetic Ingredients Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2023 – 2032

  • Report ID: GMI330

Organic Cosmetic Ingredients Market size is anticipated to witness substantial revenue gains through 2032, owing to growing awareness about skincare around the world. Due to a gradual shift towards sustainability, organic ingredients are replacing synthetic chemicals in cosmetics. Consumer sentiment towards being more eco-friendly is also driving the market scenario.

Several beauty giants are subsequently coming up with innovative product lines to cater to growing consumer demand for organic ingredients. Recently, a French cosmetics company, L'Oréal, has launched La Provençale, a beauty brand that offers an affordable and organic range of products made in France.

Many leading beauty brands are taking strong efforts towards making their products clean, natural, and vegan, which will escalate industry growth. In fact, Body Shop, a London-based personal care company, aims to certify all its products vegan by The Vegan Society by December 2023.

Organic cosmetic ingredients market revenue from the surfactant segment is slated to witness a considerable growth rate over 2023 - 2032. Increasing concerns about the environment and the negative effects of synthetic products on the ecosystem has bolstered the demand for organic surfactants. Given that organic surfactants are commonly used in cosmetics as cleansing, emulsifying, thickening, and foaming agents, sourcing them from organic means has become imperative for cosmetic brands. 

Organic cosmetic ingredients industry from the skin care segment is anticipated to register notable revenues by 2032, driven by the growing popularity of natural ingredients such as fruits, spices, and herbs in skincare products. Meanwhile, increasing demand for eco-friendly ingredients owing to their skin benefits is further compelling skincare companies to develop more organic products, which is creating a notable impetus for segment expansion.

Asia Pacific organic cosmetic ingredients market is poised to accrue considerable revenue gains by 2032. Increasing middle-class population in emerging nations has fostered the adoption of cosmetics infused with organic ingredients. Regional growth can also be attributed to rising awareness about organic cosmetics owing to growing youth population in the region. As per International Labour Organization, nearly 66% of India’s total population is below 35 years.

Some leading organic cosmetic ingredients market key players are, Bare Escentuals, Aveda Corp, Kiehl’s, The Body Shop, Burt’s Bee, and Natura Cosmeticos S.A., among others. Cosmetic firms often rely on product innovations to cater to growing consumer demand. Citing an instance, back in March 2021, Amway-owned Artistry brand announced the launch of a vegan, traceable, and clean skincare product portfolio developed using plant-based phytonutrients.

Impact of inflation on organic cosmetic ingredients market landscape

The inflation birthed by COVID-19 pandemic has had a severely negative impact on organic agriculture and organic cosmetic ingredients industry by extension. High costs associated with organic farming have ballooned the prices of organic cosmetic ingredients such as coconut oil, shea butter, avocado oil, and others. Such steep raw materials prices are further adding to the overall price of the final product, which is compelling many consumers stave off of cosmetics made of natural ingredients. However, growing government support for sustainable farming is expected to provide some relief to customers from surging prices helping the industry revert to sustainable business scenario.

For instance, in February 2023, the USDA National Institute of Food and Agriculture announced an investment of over USD 70 million for sustainable agriculture projects.


What Information does this report contain?

Historical data coverage: 2018 to 2022; Growth Projections: 2023 to 2032.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

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