Wellness-Focused Consumers Driving the Edible Cosmetics Ingredients Market
- December, 2023
- Food & Beverages
The edible cosmetics ingredients market is expected to grow from USD 4.15 billion in 2022 to USD XX billion by 2030, at a CAGR of 7.0% during the forecast period (2024-2030). The edible cosmetics ingredients market is highly competitive, key players in this market include Cargill, BASF, Bunge, Evonik, Ajinomoto, DSM, Darling Ingredients, Lonza, Clariant, IOI Oleochemicals, Berg + Schmidt, Hallstar, Auro Gums, Koster Keunen, Tarte Cosmetics, LUSH Cosmetics, Neo Australia, Aryan International, Bite Beauty, and Sugar Nail.
Edible cosmetic ingredients Market are distinct components or substances utilized in the production of beauty products, including formulations for skincare, hair care, and other body-related applications. These ingredients are safe enough to be applied to the skin or in case ingested orally.
Animal-derived ingredients offer specific functional properties that are desirable in cosmetics, such as beeswax for its emulsifying and thickening properties, or lanolin for its moisturizing capabilities. Some animal-based ingredients contribute to the texture, consistency, and performance of the product. For instance, gelatin may be used as a gelling agent or collagen for its skin-plumping effects. Animal-derived ingredients have been used for a long time in cosmetic formulations due to their availability, efficacy, and historical use in traditional beauty practices.
Certain pigments such as carmine (derived from insects) offer vibrant colors that are used in lipsticks, blushes, and other makeup products. Some animal-derived components can contribute to the stability and preservation of cosmetic products, extending their shelf life.
The anti-inflammatory properties of edible cosmetic ingredients Market to treat various skin conditions are driving growth in the skin care segment. As the demand for personalized ingredients for edible cosmetics increases, companies in this industry are developing platforms and systems to help customers select and customize ingredients based on their individual preferences and needs.
Ingredients such as coconut oil, argan oil, or almond oil are used in cuticle oils or nail treatments for their moisturizing and nourishing properties. While these oils are edible and safe, their primary purpose in nail care is topical application. Some formulations include vitamins (like Vitamin E) and minerals beneficial for nail health. These nutrients are commonly found in foods and supplements and are safe for consumption. Ingredients such as aloe vera, green tea extract, or chamomile might be used for their soothing or anti-inflammatory properties. These extracts are often considered safe for consumption in food or teas.
Nail polishes might incorporate natural colorants derived from food-grade sources, such as fruit or vegetable extracts, to provide color without synthetic dyes. Edible cosmetics, particularly those in nail care, might incorporate certain ingredients that are considered safe for ingestion or are food-grade.
North America dominated the edible cosmetic ingredients market with a major share in 2022, owing to the increasing research & development and proliferation of improved medicines. Increased consumption of dietary supplements, the health benefits associated with edible cosmetic ingredients Market, a rise in healthcare expenditure, and improved infrastructure are projected to fuel market growth. This strengthens the company’s presence in the US market and allows it to benefit from a broader range of ingredients.
Key players in this market include Cargill, BASF, Bunge, Evonik, Ajinomoto Co., DSM Nutritional, Darling Ingredients, Lonza, Clariant, IOI Oleochemicals, Berg + Schmidt, Hallstar, Auro Gums, Koster Keunen, Tarte Cosmetics, LUSH Cosmetics, Neo Australia, Aryan International, Bite Beauty, and Sugar Nail.