Collagen peptides can reduce signs of aging by stimulating new collagen growth, promoting collagen production, and relaxing wrinkles. They are also a natural source of protein and help in UV protection and increasing the elasticity and firmness of the skin. Moreover, the use of collagen peptides also minimizes the chances of osteoporosis, rheumatoid arthritis, juvenile blindness, and cancer. These advantages of collagen peptides have made it a common ingredient in nutritional products and anti-aging capsules and pills. The growing health consciousness and the increasing focus on preventive healthcare will further boost the consumption of collagen peptide in nutraceuticals applications. This, in turn, will contribute to the growth of the anti-aging ingredients market during the next five years.
The demand for organic beauty products has increased to avoid the side effects of synthetic personal care products such as skin irritation, hair loss, acne, skin allergies, and dark spots. Organic anti-aging ingredients neutralize free radicals and limit their ability to affect other cells thereby preventing wrinkles, dark spots, lines, and skin darkening. The presence of antioxidants in organic cosmetics derived from botanical extracts also helps in retaining the youthfulness of the skin. These benefits offered by organic anti-aging ingredients without the side effects of chemical cosmetic ingredients will result in its increasing demand from customers. This growing demand for organic anti-aging products is identified as one of the key trends that will drive anti-aging ingredients market growth at a CAGR of over 5% during the forecast period.
Top anti-aging ingredients companies covered in this market research report
The global anti-aging ingredients market is moderately fragmented. To help clients improve their market share, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by companies. Moreover, this anti-aging ingredients market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of the upcoming growth opportunities.
The report offers a detailed analysis of several leading companies, including:
Evonik Industries AG
Anti-aging ingredients market segmentation based on application
Personal care products
The personal care products segment will account for the highest anti-aging ingredients market share. Factors such as growing urbanization, increasing strategic alliances, and increasing preference for organic anti-aging products are driving the growth of the anti-aging ingredients market in this segment.
Anti-aging ingredients market segmentation based on geographic region
With a complete study of the growth opportunities for companies, it has been identified that the APAC region will account for the highest share of the anti-aging ingredients market throughout the forecast period. The increasing awareness of anti-aging products, rapid urbanization, and rising demand for organic skin care products are some of the factors responsible for anti-aging ingredients market growth in this region.
Key highlights of the global anti-aging ingredients market for the forecast years 2019-2023:
CAGR of the market during the forecast period 2019-2023
Detailed information on factors that will accelerate the growth of the anti-aging ingredients market during the next five years
Precise estimation of the global anti-aging ingredients market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the anti-aging ingredients industry across APAC, Europe, MEA, North America, and South America
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details of factors that will challenge the growth of anti-aging ingredients companies
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch