The Edible Cosmetics Ingredients Market size is expected to grow from USD 4.15 billion in 2022 to USD XX billion by 2028, at a CAGR of 7.0% during the forecast period (2024-2030) according to the recent report by Intent Market Research, The Edible Cosmetics Ingredients Market is segmented by Type, Function, and Region.

Edible cosmetic ingredients are utilized in the production of beauty products, including formulations for skincare, hair care, nail-care nail care, and other body-related applications. These active ingredients are selected for their specific beneficial properties and are derived from natural, non-toxic, and food-grade sources such as plants, herbs, fruits, or essential oils. The term “edible” means that these ingredients are safe enough to be applied to the skin or in case ingested orally. Active ingredients are used in cosmetic products for their specific skin or hair care benefits, such as moisturizing, skin care, weight control, calming, or other targeted functions. Edible cosmetics ingredients are used in various beauty products such as serums, creams, lotions, masks, shampoos, and conditioners to achieve the desired effect.

Rising demand for natural, clean, and safe beauty products among consumers is thriving the market growth

They contain simple and recognizable ingredients that resonate well with consumers looking for transparency and safety. These ingredients nourish and protect the skin, and some contain nutrients and antioxidants that have a positive impact on skin health. Edible cosmetic ingredients, often plant-based, align with sustainable and eco-friendly practices and are used in personalized formulations that provide a unique and customized beauty experience. Wellness-focused consumers are looking to improve their overall health and appearance, and brands offer personalized solutions for various skin concerns. Brands are progressively emphasizing ingredients sourced from plant extracts that are natural, organic, and vegan, aiming to attract consumers who prefer to avoid synthetic and chemical components. With the rise of eco-conscious consumers, brands are focusing on appealing flavors, textures, and packaging that meet ethical and sustainable standards.

Consumers are increasingly researching beauty products online to find the most effective products that contain scientifically proven ingredients such as spermidine, NMN, L-cysteine, and astaxanthin that improve both beauty and health. These products not only provide skincare benefits but also promote overall well-being, adapt to different lifestyles, are convenient, and bring a sense of joy to everyday life.

Stringent Regulatory frameworks for edible cosmetics ingredients are hindering the market growth

The edible cosmetic ingredient market faces major challenges related to higher prices, regulatory compliance, labeling, safety, supply chain, and consumer perception. Compliance with various regulations is essential and labeling must be crystal clear and accurate. Ensuring the safety, stability, and quality control of edible ingredients is essential and cannot be omitted. Consistent and high-quality sourcing is a challenge to maintain product integrity. Local regulations and preferences may vary, however, it is important to customize products to meet specific requirements while maintaining their quality and safety. Overcoming skepticism and building trust is a challenge that can be overcome through clear and accurate labeling, responsible sourcing, and a focus on safety and quality control.

The collagen segment is constantly evolving due to rising demand for cosmetics

Collagen accounted for the largest share of the edible cosmetic ingredients market in 2023 and is expected to grow at a faster rate during the forecast period from 2024-2028. In November 2022, Zurvita company developed a new antioxidant collagen gel in collaboration with doctors, scientists, and researchers. Zondora is said to transform the skin and give it a healthy glow when taken orally. Gelatin helps to improve consistency, elasticity, and stability. Gelatin can also be used to normalize gut hormones in obese people. It is used to protect the skin, brighten, and prevent skin aging. It is a good product for consumers because it is used to improve skin health and control weight. The market is expanding as more are people opting for hair health. Collagen is expected to grow at the fastest rate between 2024 and 2028.

Source: Intent Market Research Analysis

The skincare function is responsible for the higher revenue generation in the Edible Cosmetics Ingredients market

The skin care function accounted for the largest share of the edible cosmetic ingredients market in 2023 and is expected to grow at a higher CAGR from 2024 to 2028. This is due to increased awareness regarding the use of edible cosmetic pills as well as the rise in skin diseases. The anti-inflammatory properties of edible cosmetic ingredients to treat various skin conditions are driving growth in the skin care functional segment. According to the Global Atopic Dermatitis Report 2022 published by the International Eczema Council, approximately 223 million people will be living with atopic dermatitis in 2023, including approximately 43 million people aged 1 to 4 years. The high prevalence and growing burden of these dermatological conditions are expected to drive the market growth. Edible cosmetic ingredients are used to help people lose weight by absorbing secretions from the tissues. The increasing use of edible cosmetic ingredients in plastic surgeries is also driving growth in this segment thereby driving the overall industry growth.

Plant-based sources are widely used in Edible Cosmetics Ingredients propelling the market growth

Plant-based ingredients are often seen as a natural and safe option for use on the skin. They appeal to consumers who prefer products with minimal synthetic additives or harsh chemicals. These ingredients are generally gentler and less likely to cause adverse reactions or irritations. Plants contain various vitamins, minerals, antioxidants, and phytonutrients that are beneficial for skin health. These compounds can provide hydration, nourishment, protection against environmental stressors, and support various skin functions. Plant-based ingredients offer versatility in skincare formulations.

Plant based ingredients are used in various forms, including extracts, oils, powders, or infusions, which allow for different applications such as moisturizers, serums, masks, and cleansers. Different plants offer specific skin benefits. For instance, aloe vera is known for its soothing and moisturizing properties, while green tea extract possesses antioxidant and anti-inflammatory properties. This diversity allows formulators to target specific skin concerns.

Increasing mergers and acquisitions by key players in North America are stimulating regional growth

North America dominated the edible cosmetic ingredients market with a major share in 2023, owing to the increasing research and development and proliferation of improved medicines. Increasing consumption of dietary supplements, increasing health benefits of edible cosmetic ingredients, rising healthcare expenditure, and improving healthcare infrastructure are driving the growth of the market in this region. For example, in June 2023, Solabia acquired Applechem, an American provider of cosmetics technology. This strengthens the company’s presence in the US market and allows it to benefit from a broader range of ingredients. This collaboration will enable the two companies to leverage their collective expertise, providing an expanded portfolio of high-performance components to a broader customer base.

Asia-Pacific is expected to experience a higher CAGR due to the growing healthcare awareness of edible cosmetics ingredients. Increasing production technologies, rising incidences of skin diseases, growing demands for functional food & beverages, and increasing healthcare expenditure are driving the market in this region. For instance, Euromonitor International data reveals that Malaysia has the highest level of beauty-related dietary supplements among all Southeast Asian markets, accounting for 17.6% of regional market, making it a leader in beauty supplements.

The merger & acquisition strategies along with the product innovations by major players are driving the market growth

The edible cosmetics ingredients market is highly competitive, with numerous international and domestic players vying for market share. 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. These industry leaders are focused on continuous innovation to meet the evolving preferences and needs of consumers. The ability to adapt to changing market trends and consumer preferences is crucial for success in the sustainable food products market.

• In February 2022, Merck introduced two new cosmetic ingredients, RonaCare Baobab and RonaCare Hibiscus. These ingredients are derived from nutrient-rich superfoods, specifically the baobab fruit and the hibiscus flower. Their beneficial effects can also be utilized for skincare purposes.
• The UK edible beauty market experienced growth in September 2021 with the launch of the indie brand Manifesto.
• In February 2021, Singapore-based skincare brand Recherché entered the market with its first range of edible skincare products. The brand plans to further expand its product line to capitalize on the increasing consumer interest in ingestible beauty products.

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Edible Cosmetics Ingredients Market: Scope of the Report

The report provides key insights into the edible cosmetics ingredients market, and it focuses on technological developments, trends, and initiatives taken by the government in this sector analysis explores market drivers, restraints, opportunities, and other relevant factors. It also examines key players and the competitive landscape within the market for edible cosmetics ingredients.

Edible cosmetics ingredients are segmented by Type (Antioxidants, Collagen, Vitamins, Carotenoids, and others), by Function (Skin Care, Weight Management, Hair Care, Nail Care, and Others), By Source (Plant-based, Animal based & Others), and by Geography (North America, Europe, Asia Pacific, Latin America & Middle East & Africa).  The report offers the market size and forecasts for the edible cosmetics ingredients market in value (USD billion) for all the above segments.

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