Innovation To Be A Building Block Of The Natural Cosmetic Ingredients Market
Holistic Beauty Trends: Natural Cosmetic Ingredients: Natural Cosmetic Ingredients are taking center stage in response to evolving consumer preferences for holistic beauty. The market is witnessing a paradigm shift as products incorporating the power of nature gain traction in the beauty and skincare industry. Market Size and Growth Trends The global natural cosmetic ingredients market is forecast to expand at a CAGR of 7.1% and thereby increase from a value of US$766.5 Million in 2023, to US$1,238.9 Million by the end of 2030. The shift towards clean beauty, increasing consumer awareness regarding the harmful effects of synthetic chemicals, and a surge in demand for sustainable and eco-friendly beauty products are driving market expansion. The Rise of Natural Beauty: The beauty and personal care industry has undergone a transformation, with consumers becoming more conscious of the ingredients used in their skincare and cosmetic products. The desire for healthier alternatives