Stratview Research has published a new report titled “Anti-Aging Ingredients Market” which is segmented by Form Type (Liquid and Powder), by Product Type (Chemical Peels [Hydroxy Acid, Retinoic Acid Peel, and Others], Sunscreen Ingredients [Titanium Dioxide, Zinc Oxide, Oxybenzone, Dioxybenzone, and Others], Peptides, Hyaluronic Acid, Anti-Oxidants, Retinol, Niacinamide, and Others), by Application Type (Cosmetics and Nutraceuticals), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

As per the study, Anti-Aging Ingredients Market is expected to grow form USD 1.15 billion in 2022 to USD 1.79 billion by 2028 at a CAGR of 7.65% during the forecast period of 2022-2028. Changing lifestyle and growing consumer awareness regarding personal care and health along with increasing purchasing power of consumers are some of the major factors expected to drive the growth of the market during the forecast period.

Report Highlights

This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.

The market is bifurcated into various segments. Below given is the segment-wise analysis -

Based on the product type, the market is segmented as chemical peels, sunscreen ingredients, peptides, hyaluronic acid, anti-oxidants, retinol, niacinamide, and others. Sunscreen product is estimated to account for the largest share of the market during the forecast period on account of increasing awareness about consequences of over exposure to ultraviolet rays among consumers.

Based on the application type, the market is segmented as cosmetics and nutraceuticals. Cosmetics is estimated to account for the major share of the market during the forecast period. The growth of the segment is owing to growing skin problems on account of air pollution, genetic disorder, and hormonal imbalance, which are leading to advance product development, such as acne removal solution and anti-aging products, fueling the segment’s growth.

Which Region is expected to remain the largest market?

In terms of regions, North America is estimated to be the leading region in the market during the forecast period on account of growing consumption and demand for skin care products. Rising concerns regarding healthy skin and beauty products is fueling the growth of the regional market. Europe and Asia-Pacific are also estimated to offer substantial growth opportunities over the forecast period.

Who are the Key Players in the Market?

This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Anti-Aging Ingredients Market:

·         Adeka Corporation

·         BASF SE

·         BioThrive Sciences

·         Contipro

·         Croda International Plc

·         Kao Corporation

·         Lonza Group

·         The Dow Chemical Company

·         Unilever PLC

·         Wacker Chemie AG

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