Market Size of Cosmetic Antioxidants Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 139.23 Million |
| Market Size (2029) | USD 185.88 Million |
| CAGR (2024 - 2029) | 5.95 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Cosmetic Antioxidants Market Analysis
The Cosmetic Antioxidants Market size is estimated at USD 139.23 million in 2024, and is expected to reach USD 185.88 million by 2029, growing at a CAGR of 5.95% during the forecast period (2024-2029).
The market was negatively impacted by COVID-19 in 2020, the pandemic disrupted both production and sales of cosmetics through online and offline channels. However, the global situation is normalizing, and the industry's return to stability provides multiple growth opportunities for improving the industry's performance.
Readily availability of natural antioxidants online, such as such as polyphenols, carotenoids, enzymes, synthetic, vitamin C, and vitamin E, driving the market demand.
The high cost of natural antioxidants and growing concerns about the use of synthetic antioxidants have been identified as major restraints in the cosmetic antioxidant market.
Consumers worldwide are leaning toward natural skin care products as a result of the rising demand for naturally derived antioxidants in cosmetics, which is creating an opportunity for the market during the study period.
Asia-Pacific region is expected to dominate the market with the largest consumption of cosmetics containing various antioxidants from countries such as India and China.
