Middle East and Africa Cosmetic Bioactive Ingredients Market Segments and Growth by 2028

The Middle East and Africa cosmetic bioactive ingredients market is expected to reach US$ 79.7 million by 2028 from US$ 60.7 million in 2021. The market is estimated to grow at a CAGR of 4.0% from 2021–2028.

Cosmetic clinics in the UAE have been adhering to all of the regulations set by their regulators, with all safety measures in place, such as routine cleaning and regular Covid-19 testing for employees, to ensure the health and safety of all as business upsurges. However, the market in this pandemic is on declining due to the reduced demand for cosmetic treatments due to the outbreak of COVID-19. The countries mainly focused on the treatment of Covid 19 patients and hence the appointments for the dermatological surgeries are postponed. The UAE and Saudi Arabia are considered among the world’s biggest markets for makeup and skincare products. Saudi women typically rack up $909 in yearly bills, the highest in the world, while Emirati women spend 694 dollars a year, according to a study conducted this year by discount site Picodi.com. The retail value of the Middle East and Africa (MEA) region’s beauty and personal care market also showed strong growth potential prior to the pandemic, going up by eight percent to $34.9 billion in 2019, from $32.4 billion a year earlier, according to Euromonitor. The market hit a slump in March when the coronavirus lockdowns were imposed, and consumer spending habits shifted. “Consumers prioritized products focused on preventative health. The impact of the COVID19 pandemic on the regional market is moderate.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the cosmetic bioactive ingredients market. The Middle East and Africa cosmetic bioactive ingredients market is expected to grow at a good CAGR during the forecast period.

Middle East and Africa Cardiovascular Needle Market Segmentation  

By Ingredient Type

• Probiotics and Prebiotics
• Omega-3 Fatty Acids
• Vitamins
• Carotenoids and Antioxidants
• Plant Extracts
• Minerals
• Amino Acids
• Proteins and Peptides
• Others

By Sources

• Plant
• Animal
• Microbial

By Country

• Middle East and Africa

• • • • UAE
      • Saudi Arabia
      • South Africa
      • Rest of Middle East and Africa

Companies Mentioned

1. BASF SE
2. DuPont de Nemours, Inc.
3. FMC CORPORATION
4. Cargill, Incorporated
5. Sensient Technologies Corporation
6. DSM
7. Ajinomoto Co. Inc.
8. ADM
9. Vytrus Biotech

Middle East and Africa Cosmetic Bioactive Ingredients Report Scope