The South and Central America cosmetic bioactive ingredients market is expected to reach US$ 115.6 million by 2028 from US$ 83.7 million in 2021. The market is estimated to grow at a CAGR of 4.7% from 2021–2028.
In July 2020, the Institute for Environmental Solutions (IES) launched the study to develop bioactive cosmetic ingredients with high added value from the by-products of medicinal plants. The Pro-Enrich project, that is active since May 2018, is focused on developing novel functional proteins and bioactive ingredients from rapeseed, olive, tomato, and citrus. These proteins would have applications in food, cosmetics, pet food, and adhesives. Many cosmetic ingredients manufacturers are also focusing on collaborating with other research institutes.
Latin America is witnessing a growing number of COVID-19 cases. With the outbreak of second wave COVID-19, there has been an increasing number of cases in the Latin American countries. Currently, the country is rapidly increasing its clinical programs to fight against the novel corona virus. There has been a rising focus on COVID-19 treatment. Many manufacturing plants have been shut down amid the pandemic. Majority of the manufacturing companies are concentrated in developing the therapeutics for covid patients in the region. Thus, the market has been slightly negatively affected or neutral due to the pandemic as majority of the market players are focusing on Covid-19 only.
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 South and Central America cosmetic bioactive ingredients market is expected to grow at a good CAGR during the forecast period.
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South and Central America 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
- South and Central America
- Brazil
- Argentina
- Rest of South and Central America
Companies Mentioned
- BASF SE
- DuPont de Nemours, Inc.
- FMC CORPORATION
- Cargill, Incorporated
- Sensient Technologies Corporation
- DSM
- Ajinomoto Co. Inc.
- Roquette Frères
- ADM
- Vytrus Biotech
South and Central America Cosmetic Bioactive Ingredients Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 83.7 Million |
| Market Size by 2028 | US$ 115.6 Million |
| Global CAGR (2021 - 2028) | 4.7% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Ingredient Type
|
| Regions and Countries Covered | South and Central America
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
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- BASF SE
- DuPont de Nemours, Inc.
- FMC CORPORATION
- Cargill, Incorporated
- Sensient Technologies Corporation
- DSM
- Ajinomoto Co. Inc.
- Roquette Frères
- ADM
- Vytrus Biotech
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