Bio-Based Cosmetics and Personal Care Ingredients Market To Reach $7,271.7 Million by 2030
Compared to $4,550.6 million in 2021, the global bio-based cosmetics and personal care ingredients market is projected to generate $7,271.7 million by 2030, advancing at a CAGR of 5.3% during 2021−2030. The expanding cosmetics industry, spreading awareness regarding the side-effects of synthetic chemicals on the skin, and surging influence of advertisement strategies on consumer trust are propelling the market. In the year 2021, the usage of bio-based elements in skin and sun care solutions generated almost $2 billion in revenue. The dominance of this application on the bio-based cosmetics and personal care ingredients market is mainly due to the increasing awareness regarding sun and skincare products among customers and the involvement of companies in creating natural ingredients for such cosmetics. Key Findings of Bio-Based Cosmetics and Personal Care Ingredients Market Report • In 2021, North America led the bio-based cosmetics and personal care ingredients market with aroun...