Anti-Aging Ingredients Market Size Analysis Report & Forecast 2030

Coverage: Anti-aging Ingredients Market covers analysis By Type (Niacinamide, Retinol, Hyaluronic acid); Attribute (Organic, Fragrance-free, Ayurvedic, Synthetic and others); Form (Powder, Liquid, Gel); Application (Cosmetics, Chemical industry, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Mar 2024

  • Report Code : TIPRE00015269
  • Category : Chemicals and Materials
  • Status : Upcoming
  • No. of Pages : 150
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[Research Report] The anti-aging ingredients market size accounted for approximately USD 1 billion in 2022 and is projected to register the CAGR of ~ 8% from 2022 to 2030 to reach 2 billion in 2030. The report highlights key factors driving the market and prominent players along with their developments in the market.

Market Insights and Analyst View:

Anti-aging ingredients slow down the ageing process by repairing the damaged skin due to prolonged exposure to sun, dust, pollution. These ingredients include chemicals peels, sunscreen ingredients, peptides, hyaluronic acid, antioxidants, retinol, niacinamide, among others. Anti-aging ingredients consist of carotenoids, antioxidants, vitamin C, vitamin E, leucine, flavonoids, among other ingredients that help in slowing down the ageing process. The rising awareness of benefits of anti-aging products to reduce aging and rejuvenating the skin's texture are they key factors driving the demand for anti-aging products. This factor thus drives the anti-aging ingredients market. 

Growth Drivers and Challenges:

Organic and natural personal care and cosmetics products are becoming popular among consumers as these products are free from chemicals and transparent about the content. Organic skincare products are suitable for all skin types as they do not cause irritation, itching, or other adverse effects. They reduce the chance of skin allergies and breakouts. This helps tighten skin and minimizes large pores while regulating oil production. Consumers' demand for organic anti-ageing products is increasing due to such properties. There is a rising consumer awareness and understanding of the benefits of organic anti-aging products owing to the emergence of social media, accelerating the demand for organic personal care products. In addition, due to the surging popularity of vegan, halal, cruelty-free, natural, organic, and botanical products, consumers are increasing their consumption of herbal beauty products, mainly anti-aging products. Therefore, manufacturers are launching anti-aging ingredients with claims such as vegan, cruelty-free, organic, and all-natural. For instance, Evonik Industries offers organic black current bio extract, which has high antioxidant content and is rich in phenolic compounds and anthocyanins that help slow aging. Availability of such products drives the anti-aging ingredients market growth. 

Report Segmentation and Scope:

The "Global Anti-Aging Ingredients Market" is segmented on the basis of type, category, application, and geography. Based on product type, the anti-aging ingredients market is segmented into chemical peels, sunscreen ingredients, peptides, hyaluronic acid, antioxidants, retinol, niacinamide, and others. Based on application, the anti-aging ingredients market is segmented into cosmetics & personal care and nutraceuticals. By geography, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. The anti-aging ingredients market in North America is further segmented into the US, Canada, and Mexico. The European market is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The anti-aging ingredients market in Asia Pacific is further segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The market in the MEA is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The anti-aging ingredients market in South & Central America market is categorized into Brazil, Argentina, and the Rest of South & Central America.

Segmental Analysis:

Based on product type, the anti-aging ingredients market is segmented into chemical peels, sunscreen ingredients, peptides, hyaluronic acid, antioxidants, retinol, niacinamide, and others. The retinol segment is expected to grow significantly in the anti-aging ingredients market. Retinol increases the skin elasticity and slows down the production of melanin. It also reduces clogging of pores and skin inflammation. Retinol also improves the appearance of skin by reducing fine lines and wrinkles, making the skin look soft, supple, and youthful. Retinol also fades the dark spots and evens out the rough patches on the skin. The rising awareness of the benefits of retinol in anti-aging is driving its demand for anti-aging ingredients. 

Regional Analysis: 

Based on geography, the anti-aging ingredients market is divided into five key regions: North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa. The Asia Pacific anti-aging ingredients market is expected to register significant growth over the forecast period. Consumers from emerging countries in the region are becoming more aware of skincare due to exposure to social media, especially a growing population aged 13-45 years in countries such as China, India, and Bangladesh. This is expected to fuel the market over the next few years. Moreover, natural ingredients, multiple-step skincare routines, and obsession with glass skin are a few trends in the K-beauty (Korean beauty) industry. Consumers across the region are adopting these trends, increasing the demand for anti-aging products and driving the anti-aging ingredients market. 

Also, many people, especially women in the corporate sector, are concerned about their appearance. Due to increased disposable income levels and improving lifestyle of people, they are actively investing in products that help them look youthful and rejuvenating. This factor further propels the anti-aging ingredients market growth in the region over the forecast period. 

In countries like Japan, the demand for anti-aging ingredients is increasing dramatically due to the rapidly aging population. According to industry statistics, in 2021, people aged 65 years and above in Japan accounted for 29.8% of the total Japanese population. Thus, the presence of a potential customer base in Japan drives the anti-aging ingredients market in the country. 

Industry Developments and Future Opportunities: 

Various initiatives taken by key players operating in the anti-aging ingredients market are listed below:

1.    In March 2023, Symrise AG launched a complete range of bioactive compounds that deliver the beauty-from-within benefits for skin anti-aging, brightening, and hair and nail care. 

2.    In February 2023, Givaudan launched RetiLife, an anti-aging molecule 100% naturally sourced and a sustainable solution for the chemically synthesized retinol. 

3.    In June 2023, Seppic launched a biomimetic active ingredient, SAGACIOUS, made using its patented eco-design process. This active ingredient helps in restoring the skin's natural firmness. 

COVID-19 Impact: 

The COVID-19 pandemic affected almost all industries in various countries. Lockdowns, travel restrictions, and business shutdowns in North America, Europe, Asia Pacific (APAC), South & Central America (SAM), and the Middle East & Africa (MEA) hampered the growth of several industries, including the personal care and cosmetics industry. The shutdown of manufacturing units disturbed global supply chains, manufacturing activities, delivery schedules, and essential and nonessential product sales. Various companies witnessed delays in product deliveries and a slump in sales of their products in 2020. 

However, due to work-from-home mandates and shutdown of businesses, many people stayed at home. They invested their time browsing on internet about various anti-aging products available. This factor created significant growth potential for the anti-aging ingredients market. The demand for natural, organic, cruelty-free, plant-based, and clean-label ingredients also increased as people became more concerned about their health. Further, the demand for cosmeceuticals that reduce the aging process also increased during the pandemic due to the rising beauty-inside-out trend. All these factors created a positive impact on the anti-aging ingredients growth. 

In 2021, various economies resumed operations as several governments announced relaxation in the previously imposed restrictions, which positively impacted the global marketplace. Moreover, manufacturers were permitted to operate at full capacity, which helped them overcome the demand and supply gap. 

Competitive Landscape and Key Companies:

A few of the prominent players operating in the global anti-aging ingredients market are Adeka Corporation, Contipro Inc., Beiersdorf AG, BioThrive Sciences, Kao Corporation, and Shiseido, among others. These players are adopting various strategies such as merger and acquisition, partnership, collaboration, and new product launches to increase their market share and boost their revenues. "


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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

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to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

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to country scope.

The List of Companies

1. Lasons
2. DSM
3. Mercola Skin Care
4. Cargill Incorporated
5. Allergan India Private Limited
6. ADEKA
7. Galderma SA
8. Titan Biotech
9. Zhonglan industry co. Ltd
10. BASF
11. Oceanic Laboratories Pvt.Ltd

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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