The
global anti-ageing ingredients market driving factors are increasing
demand for antioxidants and nutrients in the diet. These types of
ingredients hydrate the complexion of skin and keep them looking the
best of what they are. Antioxidants reduces cellular ageing as it
contains flavonols, vitamin C and anthocyanins, thus driving the
demand for the anti-ageing ingredients in the market. Moreover,
consumers are getting more aware and conscious about their skin and
tend to eat healthy foods, which are rich in carotenoids, essential
nutrients and vitamins and all other ingredients and minerals that
keep skin happy. Presence of collagen in anti-ageing ingredients is
also a driving factor identified for the market. These collagen helps
prevents skin from wrinkle. The other driving factors of global
anti-ageing ingredients market is the rising awareness of
usage of natural skincare products that contains fruits and vegetable
based ingredients instead of artificial ingredients. Hence, along
with changing consumer preferences, the growth of global anti-ageing
ingredients market is significantly increasing over the forecast
period.
Several
foods, especially plant-based foods, are known to hold a rich
reservoir of nutritive elements that are also linked to anti-ageing
effects. This drives their sales by a considerable extent. Foods such
as green leafy vegetables, gooseberry, blueberry, cucumber, guava,
tomato, avocado, pomegranate, walnuts, dark chocolate, water, cocoa,
beet juice, broccoli, and wild fish are known sources of anti-ageing
ingredients, and are not only high in demand by consumers, but also
by manufacturers of anti-ageing products. At the same time, the
synthesis of anti-ageing ingredients is being heavily researched upon
and is expected to become a key source of products in the near
future.
The
massive scope of use of anti-ageing ingredients in cosmetics is one
of the leading causes of growth for the global anti-ageing
ingredients market. It is also highly possible for cosmetics to
further supplement the market’s growth over the coming years,
thanks to increasing investments in research and development efforts.
Geographically,
the global anti-ageing ingredients industry can be divided by major
regions which include North America, Latin America, Europe, Asia
Pacific, Middle East and Africa. Globally, among all regions, Asia,
Latin America and Europe has developed as the most dominant region in
global anti-ageing ingredients market. There are many practices in
China and India like using paste of green tea and white tea, warm cup
of ginger tea, which enables growth of market in Asia Pacific. In
Mexico sugar and lemon juice is used as a scrub to prevent skin from
ageing. France uses grape seed extract as it contains antioxidants,
which booms the demand for anti-ageing ingredients in Europe.
Increasing anti-ageing awareness benefits has strengthened the growth
of global anti-ageing ingredients market and hence is projected to
significantly expand the revenue contribution of the market over the
forecast period.
Some
of the key players identified across the value chain of the global
anti-ageing ingredients market includes Lasons, Mercola Skin Care,
DSM, Cargill, Incorporated, Allergan India Private Limited, ADEKA,
J&JCI, BASF, Galderma S.A. and VIVACY Laboratories. The companies
are expected to expand their business by enhancing their product
portfolio in global anti-ageing ingredients market. The companies are
projected to frame certain strategies in future in order to gain the
competitive advantage in global anti-ageing ingredients market till
2024.
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