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Consumers are increasingly seeking products with natural and clean formulations. Cosmetic antioxidants derived from natural sources align with this trend and are often preferred over synthetic alternatives. Brands are formulating products with combinations of antioxidants to enhance their effectiveness through synergistic interactions, providing comprehensive skin protection. Advances in technology allow for personalized skincare solutions. Antioxidant-rich products are being tailored to individual skin needs, creating a more targeted approach.
Cosmetic antioxidants market size from the fresh sources segment was USD 83.7 million in 2022 and will witness substantial growth by 2032 on account of the skin brightening and pigmentation-reducing effects of natural antioxidants.
The market size of cosmetic antioxidants was reached 138.6 million in 2023 and is projected to witness around 6.2% CAGR through 2032, due to increasing trend towards self-care and wellness among consumers worldwide.
North America market for cosmetic antioxidants reached USD 27.5 million in 2022 and is expected to garner significant CAGR from 2023-2032 owing to the increasing emphasis on skincare and overall wellness in the region.
BASF SE, DSM Nutritional Products AG, Croda International Plc, Ashland Global Holdings Inc., Lonza Group Ltd., Eastman Chemical Company, Evonik Industries AG, and Kemin Industries, Inc., are some of the major cosmetic antioxidants companies worldwide.