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Active Ingredients Market

Active Ingredients Market, Size, Share and Segmentation By Functionality (Conditioning Agents, UV Filters, Anti-ageing agents, Skin lightening Agents) By Application (Skin Care, Hair Care), by Regions and Global Forecast 2023-2030

Report Id: SNS/C&M/2513 | July 2022 | Region: Global | 133 Pages

Report Scope & Overview:

Active Ingredients Market Size was valued at USD 235.48 billion in 2022, and expected to reach USD 383.86 billion by 2030, and grow at a CAGR of  6.3% over the forecast period 2023-2030.

The components in products known as active ingredients are what provide consumers the positive impacts they do. Agrochemicals, cosmetics, and medicine manufacture all frequently use active compounds. Ceramides, niacinamide, hyaluronic acid, retinol, hydroquinone & kojic acid, salicylic acid, and alpha-hydroxic acid are a few of the important active chemicals utilised in personal care & cosmetics products, among many more.

Active Ingredients Market Revenue Graph

Market Dynamics:


  • Increasing demand for sun protection, skin whitening, and anti-aging products.

  • Extensive use in the production of drugs.


  • Regulatory limitations.


  • Environmentally hazardous chemicals in personal care products are a worry.

Impact of Covid-19:

The COVID-19 pandemic had a positive effect on the market for active pharmaceutical components since the big producers produced enormous quantities of chemicals to meet the demand for COVID-19 treatment. The many COVID-19 strains and cases of black fungus have led to the development of a number of medications. Drug companies have changed their business strategies in response to the COVID-19 epidemic to concentrate on a bigger patient base. For instance, India's output of hydroxychloroquine surged as a result of the US's request to import it as a therapy for COVID-19. Additionally, the global research and development for the COVID-19 vaccine increased the demand for a variety of active components.

Key Players:

AkzoNobel N.V. (The Netherlands), Evonik Industries AG (Germany), Ashland (US), Clariant (Switzerland), BASF SE (Germany), Lonza (Switzerland), DuPont (US), Sumitomo Corp (Japan), FMC Corporation (US), Croda International Plc(UK), Eastman Chemical Company (US), and other players.

Market Segment:

By Functionality 

  • Conditioning Agents

  • UV Filters

  • Anti-ageings Agents

  • Skin lightening Agents  

By Application

  • Skin Care 
  • Hair Care

Regional Analysis:

North America: The region's growing industrial sector is the main driver of the North American market for active ingredients. The market in North America is primarily driven by the rising prevalence of chronic diseases that are preventable, the government's increased emphasis on generic medications, the need for biologics and speciality medications, and improvements in API production technology. IQVIA (MIDAS May 2019) reports that the US market accounted for 65.2% of the sales of new medications introduced between 2013 and 2018, and that US$55.755 million was spent on pharmaceutical R&D in 2018.

Europe: Due to the expansion of the personal care and cosmetics sectors in the continent, there will likely be a significant demand for active ingredients in the European market. Germany, the UK, France, and other major nations are significant market growth

Asia-Pacific: Due to the region's quick industrialization, Asia-Pacific has the fastest-growing regional market. Emerging economies like India, South Korea, Thailand, and Malaysia have the greatest growth potential. Due to the presence of agricultural countries in the region and the rising demand for agrochemicals, the Asia-Pacific active ingredients market has been consistently expanding.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Active Ingredients Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 235.48 Billion
Market Size by 2030 US$ 383.36 Billion
CAGR CAGR of 6.3% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Functionality and By Application
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles AkzoNobel N.V. (The Netherlands), Evonik Industries AG (Germany), Ashland (US), Clariant (Switzerland), BASF SE (Germany), Lonza (Switzerland), DuPont (US), Sumitomo Corp (Japan), FMC Corporation (US), Croda International Plc(UK), Eastman Chemical Company (US), and other players.
DRIVERS • Increasing demand for sun protection, skin whitening, and anti-aging products.
• Extensive use in the production of drugs.

• Regulatory limitations.

Frequently Asked Questions (FAQ) :

Ans: Personal Care & Cosmetics, Pharmaceuticals and Agrochemicals are the sub-segments of by end user segment.


Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: Regulatory limitations are the restraints for Active Ingredients Market.

Ans: AkzoNobel N.V. (The Netherlands), Evonik Industries AG (Germany), Ashland (US), Clariant (Switzerland), BASF SE (Germany), Lonza (Switzerland), DuPont (US), Sumitomo Corp (Japan), FMC Corporation (US), Croda International Plc(UK), Eastman Chemical Company (US)  are the major key players of  Active Ingredients Market.

Ans: Active Ingredients Market Size was valued at USD 221.5 billion in 2021, and expected to reach USD 339.7 billion by 2028, and grow at a CAGR of  6.3% over the forecast period 2022-2028.

Table of Contents


1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions


2. Research Methodology


3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges


4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World


5. Value Chain Analysis


6. Porter’s 5 forces model


7.  PEST Analysis


8 Active Ingredients Market Segmentation By Functionality 

8.1 Conditioning Agents

8.2 UV Filters

8.3 Anti-ageings Agents

8.4 Skin lightening Agents  


9 Active Ingredients Market Segmentation By Application 

9.1 Skin Care 

9.2 Hair Care


10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America


11. Company Profile

11.1 AkzoNobel N.V. (The Netherlands)

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 SWOT Analysis

11.1.4 The SNS view

11.2 Evonik Industries AG (Germany)

11.3 Ashland (US)

11.4 Clariant (Switzerland)

11.5 BASF SE (Germany)

11.6 Lonza (Switzerland)

11.7 DuPont (US)

11.8 Sumitomo Corporation (Japan)

11.9 FMC Corporation (US)

11.11 Croda International Plc (UK)

11.11 Eastman Chemical Company (US)


12. Competitive Landscape

12.1 Competitive Benchmark

12.2 Market Share analysis

12.3 Recent Developments


13. Conclusion

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Secondary Research

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