Cosmetic Bioactive Ingredients Market Size

Cosmetic Bioactive Ingredients Market size was valued at USD 48.47 Billion in 2023 and is expected to exceed USD 127.13 Billion by the end of 2036, registering over 7.7% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of cosmetic bioactive ingredients is evaluated at USD 51.83 Billion. Increasing preference for natural ingredients in cosmetic products and an increasing number of bioactive ingredients are the main drivers for market growth.

Moreover, new opportunities are expected to open up in the cosmetic bioactive ingredients market due to increasing demand for male specific products, as well as developments in the cosmetics sector and product launches. In the US, about 14% of heterosexual men between the ages of 18 and 65 who use makeup and cosmetics for men do so regularly, and another 17% say they'll use it in the future.