The anti-aging market is estimated at US$1.3 billion by the end of 2022 and is projected to reach US$2.3 billion by 2030 at a significant CAGR of 7.2%.
BROOKLYN, N.Y., Sept., Feb. 26, 2022 (GLOBE NEWSWIRE) -- Reports & Insights has just released a report titled "Anti-Aging Ingredients Market . " Opportunity Analysis and Future Assessment 2022-2030 ” in the report database. The research reports provide readers with a detailed and in-depth analysis of new growth opportunities, trends and development drivers that are closely related to market growth. The report also provides important information regarding the impact of COVID-19 on the XYZ market as well as the average growth rate (CAGR) of the market for the forecast period 2022 to 2030. The report also provides various analyzes of the market assessment. Tools like Porter's Five Forces Analysis and Pestel Analysis. These tools provide an in-depth analysis of the micro and macro environmental factors associated with market growth during the forecast period.
The anti-aging market is estimated at US$1.3 billion by the end of 2022 and is projected to reach US$2.3 billion by 2030 at a significant CAGR of 7.2%.
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Introduction of anti-aging ingredients
Anti-aging ingredients are essentially skin-nourishing cosmetic ingredients that bypass, mask or inhibit the skin's maturation and aging processes by moisturizing and protecting the skin from sun damage. The anti-aging ingredient contains general moisturizing ingredients including peptides, retinoic acid, retinol, hyaluronic acid, hydroxy acids, sunscreen and antioxidant ingredients.
A typical anti-aging product is rich in flavanols, carotenoids, antioxidants, nitrates, leucine, isoflavones, vitamin E, vitamin C and many other substances that slow down the aging process.
Market dynamics for anti-aging substances
Increasing disposable income of the people worldwide coupled with increased consumer spending on personal care products has increased the demand for anti-aging ingredients in the global market. Due to this, the anti-aging active ingredients market is expected to grow strongly in the coming years.
Additionally, in modern times, the growing awareness of people about their appearance, personal care and hygiene has further fueled the demand for anti-aging products in the global market. In this regard, the anti-aging ingredients market is expected to make tremendous progress in the coming years.
Also, increasing demand for innovative and effective products and techniques that improve personal appearance plays a positive role in increasing demand for skin care products. Therefore, the antiaging ingredients market is expected to grow significantly in the coming years.
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Anti-Aging Ingredients Market Segmentation
The antiaging ingredients market is segmented by product, form, and region
by product
Chemical peels
Sun cream
peptide
Hyaluronic acid
Antioxidants
Retinol
Niacinamide
another one
according to the form
by region
North America
Latin America
Europe
Asia Pacific
middle east
Africa
Major players in the anti-aging market
Key players in the anti-aging ingredients market are Procter & Gamble Co., Johnson & Johnson, Unilever plc, Shiseido Company, Ltd., ZO Skin Health, Inc., L'Oreal Paris, The Estee Lauder Company, Inc., Beiersdorf. , and PHYTOMER among others.
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