According to a research report published by Spherical Insights & Consulting, the Global Upcycled Cosmetic Ingredients Market Size is Expected to Grow from USD 242.50 Million in 2023 to USD 424.12 Million by 2033, Growing at a CAGR of 5.75%during the forecast period 2023-2033.

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Utilizing surplus or waste and by-products from food manufacturing, the market for upcycling cosmetic ingredients provides sustainable raw resources for cosmetics. These oils, extracts, or powders are made from fruit pulp, peels, or seeds and used as skincare products, hair care products, or scents. Sustainability is the foundation of this movement, which uses more environmentally friendly components to reduce waste in cosmetic formulas. The upcycled cosmetics business is also being driven by consumer demand for sustainable products, as more people are ready to pay for eco-friendly companies. Additionally, as firms strive to achieve eco-certification criteria, growing concerns about resource scarcity drive the usage of repurposed materials. Demand for creative, eco-friendly beauty products that respect the environment is being driven by consumer education on waste reduction. The market will also be driven by new collaborations between food waste collectors and manufacturers or the establishment of upcycling facilities to create more bioactive ingredients from recycled materials. However, the market for upcycled cosmetic ingredients is beset by issues such as low consumer awareness, variable upcycled material quality control, and increased production costs.

Browse key industry insights spread across 345 pages with 100 Market data tables and figures & charts from the report on the Global Upcycled Cosmetic Ingredients Market Size, Share, and COVID-19 Impact Analysis, By Ingredient Type (Oils and Extracts, Powders, Butters, and Others), By Application (Skincare, Haircare, Fragrances, Makeup, and Body Care), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

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The oils and extracts segment is anticipated to hold the largest market share of the global upcycled cosmetic ingredients market through the forecast period.       

Based on the ingredient type, the upcycled cosmetic ingredients market is divided into oils and extracts, powders, butters, and others. Among these, the oils and extracts segment is anticipated to hold the largest market share of the global upcycled cosmetic ingredients market through the forecast period. Oils and extracts are the most often used recycled cosmetic ingredients since they have many useful properties and work well in a variety of skincare products. These ingredients, which are derived from culinary leftovers such as seeds, peels, or pulps, are excellent sources of vitamins, antioxidants, EFAs, and bioactive compounds that are beneficial for skin care. Compared to typical components, these oils and extracts contain a significantly higher concentration of active substances, making them perfect for treating certain skin conditions.

The skincare segment is predicted to grow at the fastest CAGR in the global upcycled cosmetic ingredients market during the projected timeframe. 

Based on the application, the upcycled cosmetic ingredients market is divided into skincare, haircare, fragrances, makeup, and body care. Among these, the skincare segment is predicted to grow at the fastest CAGR in the global upcycled cosmetic ingredients market during the projected timeframe. The primary market for recycled cosmetic ingredients is skincare since it meets the demands of contemporary consumers for eco-friendly, nurturing, and potent skincare products. The skincare industry is gradually following the clean beauty trend, and consumers are demanding eco-friendly products that work. Since they are frequently packed with active compounds that can help with a variety of skin conditions, upcycled ingredients which are primarily derived from food and agricultural waste are especially useful for skincare applications.

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North America is estimated to hold the largest share of the upcycled cosmetic ingredients market over the forecast period.

North America is estimated to hold the largest share of the upcycled cosmetic ingredients market over the forecast period. This is because of the region’s strong customer demand for eco-friendly and sustainable products as well as rising environmental consciousness. To satisfy consumer demands for clean, natural beauty, major beauty businesses in the US and Canada are aggressively utilizing recycled ingredients. Furthermore, the region’s recycled ingredient industry is growing owing to North America’s established regulatory framework and emphasis on cosmetic innovation.

Europe is expected to grow at the fastest CAGR of the upcycled cosmetic ingredients market over the forecast period. Europe has strong laws that encourage upcycling, a sustainable culture, and consumers who want eco-friendly cosmetics. European nations, particularly those in the European Union, have continued to lead the way in adopting sustainability principles, as evidenced by the expansion of waste reduction, recycling, and upcycling regulations. By sustainability regulations and modern customer awareness of these facts, firms have been encouraged to use upcycled ingredients in their products by the EU and various sustainability regulations. The EU is a major driver of the market for upcycled cosmetic components because the majority of European firms are now collaborating with environmental organizations and important industry players to strengthen the circular economy concept.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global cellular agriculture market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major key players in the upcycled cosmetic ingredients market include OLVEA Group, Mibelle AG, P2 Science, Inc., RAHN AG, Hair O’right International Corporation, Lignopure GmbH, SOPHIM, Innomost, Givaudan SA, Symrise, Cargill, Incorporated, and Others.

Recent Developments

• In September 2024, Citropol DE-4 and Citropol V6, two novel components for cosmetics and personal care products, have been introduced by P2 Science. Since they are biodegradable and made from recycled forest terpenes, these natural substances support sustainability throughout their existence.
• In February 2024, Biesterfeld Spezialchemie GmbH, a global distributor of food, pharmaceutical, and specialty chemical products, expanded its strategic alliance with International Flavours & Fragrances Inc. (IFF) to increase its market share in the Brazilian personal care and beauty industry. In addition, it will be able to grow its operations in the Turkish, Ukrainian, and Polish sectors. Utilizing recycled processes, Biesterfeld Spezialchemie distributes a GENENCARE bioactive array of goods.

 Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the upcycled cosmetic ingredients market based on the below-mentioned segments:

 Global Upcycled Cosmetic Ingredients Market, By Ingredient Type

• Oils and Extracts
• Powders
• Butters
• Others

Global Upcycled Cosmetic Ingredients Market, By Application

• Skincare
• Haircare
• Fragrances
• Makeup
• Body Care

Global Upcycled Cosmetic Ingredients Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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