Anti-Ageing Ingredients Market Driven by Increasing Demand for Antioxidants & Nutrients in the Diet

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.

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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.

Antioxidants Top the List in Anti-ageing Ingredients in Demand

Anti-ageing ingredients demand is at an all-time high, thanks to the massive array of products being marketed around the world, catering to the increasing demand of consumers who wish to reduce the effects of ageing on their bodies. The primary notion of anti-ageing ingredients is to keep the human skin healthy and hydrated while providing other internal health benefits that enhance the effects. A growing number of consumers are becoming aware of the several anti-ageing ingredients currently available in the markets and are showing an inclination of trying out new ones while subscribing to several products for long periods.

The meteoric rise of the various companies selling and promoting anti-ageing products and ingredients is proof of the extremely high demand for these ingredients. It is also likely for this demand to remain high for the imminent future, and the answer to the following questions can help visualize the outcome of the global anti-ageing ingredients market over the foreseeable future.

How is the Demands for Anti-ageing Ingredients Faring Across Different Economic Strata?

One of the key drivers of the global anti-ageing ingredients market at the moment is the increasing demand for antioxidants. Numerous scientific studies have already shown the benefits of consuming antioxidants on the health of human skin. The demand for antioxidants is not only putting this segment at the top in the global anti-ageing ingredients market, but is also one of the key factors promoting the growth of a large number of players in the market. Lasons, Mercola Skin Care, DSM, Cargill, Incorporated, Allergan India Private Limited, ADEKA, J&JCI, BASF, Galderma S.A. and VIVACY Laboratories, have been some of the leading entities in the global anti-ageing ingredients market and most of them already hold strong distribution chains for the various known types of commercially successful antioxidants. Research even points to the use of antioxidants to fight carcinogens, further increasing their appeal and overall demand across the world.

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Are Anti-ageing Products Gaining More Demand than Regular Foods?

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.

Anti-ageing Ingredients Market: Lifestyle & Environmental Changes Driving Youth to Seek Ways of Ageing Gracefully

Anti-ageing ingredients offer a high scope for growth, especially in regions that report a large geriatric population base, notes Transparency Market Research. In a report titled “Anti-Ageing Ingredients Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016–2024”, TMR sheds light on the major factors benefitting this market and those that restrict its growth.

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One of the most significant factors fueling the market for anti-ageing ingredients is the rise in geriatric population worldwide. The U.S. Census Bureau finds that in 2011, the number of Americans over the age of 65 stood at 181.6 mn, which is expected to rise to 244.7 mn by 2018. This rise in both developing and developed countries is complemented by a growing number of people becoming aware of new anti-aging products and a surge in spending on personal care products. These factors increasingly benefit the global market for anti-ageing ingredients.

Although geriatric population emerges as the leading driving factor in this market, the growing percentage of youth is also a major growth booster. An increasing number of young adults are realizing the harmful effects of environmental changes and sedentary lifestyle on the skin and are therefore seeking ways of aging gracefully.

Thanks to strict regulations pertaining the use of safe ingredients in anti-ageing products, new technologies are being developed across the globe and the emergence of natural products with organic ingredients has taken the personal care industry by storm. However, these regulations pose several challenges for smaller players who cannot afford expensive R&D to develop alternative ingredients. Moreover, the potential side effects of anti-ageing ingredients and products do restrict their uptake.

The anti-ageing ingredients market can be geographically segmented into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America and Europe both account for a significant share in the global market, fueled primarily by the availability of advanced technologies, high investments in R&D, and a large population base of geriatrics. Asia Pacific, on the other hand, presents immense potential on account of lucrative opportunities in countries such as China, India, South Korea, and Japan. The rising disposable incomes in these economies, the growing awareness regarding anti-aging products, and an exponential increase in aging population are some of the key factors propelling the anti-ageing ingredients market in Asia Pacific.

TMR offers a detailed evaluation of the vendor landscape, identifying the leading players and analyzing their performance through the years. VIVACY Laboratories, J&JCI, ADEKA CORPORATION, Lasons India Pvt. Ltd., DSM, Mercola Skin Care, Galderma S.A., Allergan India Private Limited, BASF, and Cargill, Inc. are some of the key companies operating in the global anti-ageing ingredients market. By nature, the market is fragmented with several players worldwide.

This highly competitive yet lucrative market is poised to expand at a healthy rate over the course of the forecast period. 

Anti-Ageing Ingredients Market – Overview, Market Segmentation, Regional Outlook 2016-2024

Overview:

Anti-ageing ingredients are ingredients that are designed to diminish or reduce the effects and results of ageing. Over the past few years the demand for anti-ageing ingredients has increased as people are getting aware of the benefits present in such ingredients, which keep the skin hydrated. These ingredients are a rich source of carotenoid, flavanols, nitrates, antioxidants, isoflavones, leucine, vitamin C, vitamin E and many others. These ingredients cannot stop ageing, but can slow it down. Anti-ageing ingredients need to be consumed for good health and nutrition. These ingredients are nutrition laden and apart from reducing ageing signs, they also benefit the body by keeping it fit and active. Anti-ageing ingredients keeps skin smooth by working against sun exposure, hydration factor and heredity factor. Foods containing anti-ageing ingredients are usually wild fish, green leafy vegetables, gooseberry, blueberry, cucumber, guava, tomato, avocado, pomegranate, walnuts, dark chocolate, water, cocoa, beet juice, broccoli, salmon, and many others. These days’ anti-ageing supplements are also available, which is a factor making it convenient for consumers to tend to use more of such ingredients.

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Global Anti-Ageing Ingredients: Market Segmentation

The global anti-ageing ingredients market is segmented on the basis of type, availability, form, application and region type. Types of anti-ageing ingredients are retinol, niacinamide and hyaluronic acid. Retinol contains vitamin A, which has the largest market share among all the types of ingredients present. It is the most effective anti-ageing ingredient present in the market. Niacinamide is a vitamin B3 derivatives and hyaluronic acid acts as a humectant. The anti-ageing ingredients market is segmented on the basis of availability mainly into natural/organic, ayurvedic and synthetic. Food containing natural/organic ingredients are leafy vegetable, fruits, water and others. Synthetic ingredients are laden with certain chemicals, which are not good in the long run. Among the three available types of ingredients natural or organic anti-ageing ingredients are expected to have the largest market share. Consumers as getting aware of harmful effects of synthetic products, inclines to own more of natural products.

The global anti-ageing ingredients market is also segmented on the basis of form primarily into powder, liquid, paste and others. These ingredients can be consumed as powder by mixing with any liquid (water, milk, juice, etc.). As a paste it can be applied over the face instead of consumption. Liquid form can be consumed directly. Powder ingredients occupies the largest market share due to its solubility and easy availability characteristics.

The anti-ageing ingredients market is segmented on the basis of applications such as cosmetics, chemicals, food & beverages and others. These ingredients are used widely in cosmetics products. Hence, the global anti-ageing ingredients market is expected to significantly increase the revenue contribution over the forecast period.

Global Anti Ageing Market: Regional Outlook

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.

Global Anti-Ageing Ingredients Market: Growth Drivers

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.

Global Anti-Ageing Ingredients Market: Players

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.