Market by Source (Plant, Microbial, Animal) Ingredient Type (Amino Acids, Proteins and Peptides, Omega-3 Fatty Acids, Plant Extracts, Vitamins, Probiotics and Prebiotics, Carotenoids and Antioxidants, Minerals, Other Ingredient Types) and Country Outlook | Forecast 2024-2032
Triton’s research report estimates that the Latin America cosmetic bioactive ingredients market is expected to garner revenue at a CAGR of 4.98% during the forecast years 2024-2032.
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The cosmetic bioactive ingredients market in Latin America is growing, driven by increasing consumer demand for natural and organic products. As the majority of consumers are becoming aware of the trends in cosmetics beauty products, this region is experiencing a gradual preference for organic cosmetics. This trend is fueled by the region’s rich biodiversity, offering unique ingredients like açai and yerba mate and by evolving regulations that favor natural alternatives. The market presents opportunities for companies to innovate with effective, sustainably sourced beauty products.
The countries studied in this region include:
Brazil captured the highest share in the cosmetic bioactive ingredients market, obtaining about $59.31 million in 2023.
A survey conducted by the Brazilian Association of the Cosmetic, Toiletry and Perfumery Industry (ABIHPEC) found that over 40% of Brazilian consumers prefer products made from organic ingredients.
The country’s unique biodiversity provides an abundance of raw materials for cosmetic formulations, positioning the country as a hub for innovation in bioactive ingredients.
Brazilians are becoming increasingly knowledgeable about the ingredients in their cosmetic products, which leads to an increase in the demand for bioactive ingredients.
Cosmetic Bioactive Ingredients Market Forecast for Mexico
The Mexican market is also being shaped by regulatory changes and the growing influence of global beauty standards that emphasize safety, efficacy, and transparency. As a result, companies are investing in research and development to innovate with bioactive ingredients that meet consumer demands. In this regard, bioactive ingredients such as antioxidants, peptides, and botanical extracts are gaining popularity in Mexico’s cosmetic industry. Additionally, the shift towards bioactive ingredients is reflective of broader trends in clean beauty, with a significant portion of the Mexican population opting for products that align with their values of health and sustainability.
The cosmetic bioactive ingredients market is segmented based on source and ingredient type. The source segment is further branched into microbial, plant, and animal. Using microbial sources as bioactive ingredients offers benefits like biocompatibility, efficient processing, consistent quality, and reduced environmental impact. Bacteria, for example, produce useful compounds such as enzymes, peptides, and vitamins.
Contender Analysis in the Cosmetic Bioactive Ingredients Market:
Evonik Industries AG is a leading specialty chemicals companies, which covers industries like agriculture, transportation and machinery, automotive, paints and printings, coatings, construction, electronics and telecommunications, feed and beverages, environment and utilities, food, lifestyle and personal care, home, etc. Some of its personal care products are Vestamid Polyamide, Silica, Drivosol, etc. It has business operations in Africa, Asia-Pacific, Europe, North America, and Latin America. It is headquartered in Essen, Germany.
Recently, in May 2024, Evonik announced its collaboration with Jland Biotech with an aim to supply commercial quantities of vegan collagen personal care and cosmetic applications.
The key entities in the reviewed market are BASF SE, The Dow Chemical Company, Gattefossé, Solvay, Givaudan, Nouryon, Croda International PLC, Clariant AG, etc.
KEY DELIVERABLES OF THE REPORT:
Market CAGR during the forecasting years 2024-2032
Detailed data highlighting key insights, industry components, and market strategies
Comprehensive information and estimation of the cosmetic bioactive ingredients market revenue growth in Latin America and its influence on the parent market
In-depth study of forthcoming trends in consumer behavioral patterns
A meticulous analysis of the competitive landscape and Porter’s Five Forces
A wide-ranging study of factors that will challenge the Latin America cosmetic bioactive ingredients market growth during the upcoming years
1. LATIN
AMERICA COSMETIC BIOACTIVE INGREDIENTS MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
ANALYSIS ON THE COSMETIC BIOACTIVE INGREDIENTS MARKET
2.1.1. COVID-19
IMPACT ON THE COSMETIC BIOACTIVE INGREDIENTS MARKET
2.2. PORTER’S
FIVE FORCES ANALYSIS
2.2.1. THREAT
OF NEW ENTRANTS
2.2.2. THREAT
OF SUBSTITUTES
2.2.3. BARGAINING
POWER OF BUYERS
2.2.4. BARGAINING
POWER OF SUPPLIERS
2.2.5. THREAT
OF COMPETITIVE RIVALRY
2.3. REGULATORY
FRAMEWORK
2.4. SUPPLY
CHAIN ANALYSIS
2.4.1. MANUFACTURERS
2.4.2. DISTRIBUTORS
& SUPPLIERS
2.4.3. END-USERS
2.5. KEY
BUYING IMPACT ANALYSIS
2.5.1. QUALITY
2.5.2. SIDE-EFFECTS
2.5.3. PRODUCT
EFFECTIVENESS
2.5.4. PRICE
2.6. KEY
MARKET STRATEGIES
2.6.1. PRODUCT
LAUNCHES
2.6.2. ACQUISITIONS
2.6.3. BUSINESS
DIVESTITURES & EXPANSIONS
2.7. MARKET
DRIVERS
2.7.1. RISING
DEMAND FOR PERSONAL CARE PRODUCTS
2.7.2. COMPANIES
INTRODUCING BIOACTIVE INGREDIENTS
2.8. MARKET
CHALLENGES
2.8.1. SIDE
EFFECTS OF PERSONAL CARE PRODUCTS
2.8.2. COSMETIC
INGREDIENTS’ HARMFUL IMPACT ON THE ENVIRONMENT
2.9. MARKET
OPPORTUNITIES
2.9.1. INCREASE
IN MALE-CENTRIC PRODUCTS
2.9.2. EMERGENCE
OF ONLINE RETAILING
2.9.3. LAUNCH
OF NEW PRODUCTS
2.10. ANALYST
PERSPECTIVE
3. LATIN
AMERICA COSMETIC BIOACTIVE INGREDIENTS MARKET – BY SOURCE
3.1. PLANTS
3.2. MICROBIALS
3.3. ANIMALS
4. LATIN
AMERICA COSMETIC BIOACTIVE INGREDIENTS MARKET – BY INGREDIENT TYPE
4.1. AMINO
ACIDS
4.2. PROTEINS
& PEPTIDES
4.3. OMEGA-3
FATTY ACIDS
4.4. PLANT
EXTRACTS
4.5. VITAMINS
4.6. PROBIOTICS
& PREBIOTICS
4.7. CAROTENOIDS
& ANTIOXIDANTS
4.8. MINERALS
4.9. OTHER
INGREDIENT TYPES
5. LATIN
AMERICA COSMETIC BIOACTIVE INGREDIENTS MARKET – BY COUNTRY OUTLOOK
5.1. LATIN
AMERICA
5.1.1. COUNTRY
ANALYSIS
5.1.1.1. BRAZIL
5.1.1.1.1. BRAZIL
COSMETIC BIOACTIVE INGREDIENTS MARKET FORECAST & PROSPECTS
5.1.1.2. MEXICO
5.1.1.2.1. MEXICO
COSMETIC BIOACTIVE INGREDIENTS MARKET FORECAST & PROSPECTS
5.1.1.3. REST
OF LATIN AMERICA
5.1.1.3.1. REST
OF LATIN AMERICA COSMETIC BIOACTIVE INGREDIENTS MARKET FORECAST &
PROSPECTS
6. COMPETITIVE
LANDSCAPE
6.1. BASF
SE
6.1.1. OVERVIEW
6.1.2. PORTFOLIO
6.1.3. KEY
STRENGTHS
6.1.4. KEY
CHALLENGES
6.2. CRODA
INTERNATIONAL PLC
6.2.1. OVERVIEW
6.2.2. PORTFOLIO
6.2.3. KEY
STRENGTHS
6.2.4. KEY
CHALLENGES
6.3. EVONIK
INDUSTRIES AG
6.3.1. OVERVIEW
6.3.2. PORTFOLIO
6.3.3. KEY
STRENGTHS
6.3.4. KEY
CHALLENGES
6.4. CLARIANT
AG
6.4.1. OVERVIEW
6.4.2. PORTFOLIO
6.4.3. KEY
STRENGTHS
6.4.4. KEY
CHALLENGES
6.5. THE DOW
CHEMICAL COMPANY
6.5.1. OVERVIEW
6.5.2. PORTFOLIO
6.5.3. KEY
STRENGTHS
6.5.4. KEY
CHALLENGES
6.6. SYMRISE
AG
6.6.1. OVERVIEW
6.6.2. PORTFOLIO
6.6.3. KEY
STRENGTHS
6.6.4. KEY
CHALLENGES
6.7. LUBRIZOL
6.7.1. OVERVIEW
6.7.2. PORTFOLIO
6.7.3. KEY
STRENGTHS
6.7.4. KEY
CHALLENGES
6.8. ASHLAND
GLOBAL HOLDINGS INC
6.8.1. OVERVIEW
6.8.2. PORTFOLIO
6.8.3. KEY
STRENGTHS
6.8.4. KEY
CHALLENGES
6.9. ZSCHIMMER
& SCHWARZ
6.9.1. OVERVIEW
6.9.2. PORTFOLIO
6.9.3. KEY
STRENGTHS
6.9.4. KEY
CHALLENGES
6.10. GATTEFOSSÉ
6.10.1. OVERVIEW
6.10.2. PORTFOLIO
6.10.3. KEY
STRENGTHS
6.10.4. KEY
CHALLENGES
6.11. SOLVAY
6.11.1. OVERVIEW
6.11.2. PORTFOLIO
6.11.3. KEY
STRENGTHS
6.11.4. KEY
CHALLENGES
6.12. GIVAUDAN
6.12.1. OVERVIEW
6.12.2. PORTFOLIO
6.12.3. KEY
STRENGTHS
6.12.4. KEY
CHALLENGES
6.13. NOURYON
6.13.1. OVERVIEW
6.13.2. PORTFOLIO
6.13.3. KEY
STRENGTHS
6.13.4. KEY
CHALLENGES
6.14. MOMENTIVE
PERFORMANCE MATERIALS
6.14.1. OVERVIEW
6.14.2. PORTFOLIO
6.14.3. KEY
STRENGTHS
6.14.4. KEY
CHALLENGES
6.15. PROVITAL
6.15.1. OVERVIEW
6.15.2. PORTFOLIO
6.15.3. KEY
STRENGTHS
6.15.4. KEY
CHALLENGES
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY COUNTRY OUTLOOK, 2024-2032 (IN $
MILLION)
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: LIST OF PRODUCT
LAUNCHES
TABLE 4: LIST OF ACQUISITIONS
TABLE 5: LIST OF BUSINESS
EXPANSIONS
TABLE 6: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY SOURCE, 2024-2032 (IN $ MILLION)
TABLE 7: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY INGREDIENT TYPE, 2024-2032 (IN $
MILLION)
TABLE 8: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY COUNTRY OUTLOOK, 2024-2032 (IN $
MILLION)
FIGURE 1: PORTER’S FIVE FORCES
ANALYSIS
FIGURE 2: SUPPLY CHAIN
ANALYSIS
FIGURE 3: KEY BUYING IMPACT
ANALYSIS
FIGURE 4: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY SOURCE, 2023 & 2032 (IN %)
FIGURE 5: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY PLANT, 2024-2032 (IN $ MILLION)
FIGURE 6: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY MICROBIAL, 2024-2032 (IN $ MILLION)
FIGURE 7: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY ANIMAL, 2024-2032 (IN $ MILLION)
FIGURE 8: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY INGREDIENT TYPE, 2023 & 2032 (IN
%)
FIGURE 9: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY AMINO ACIDS, 2024-2032 (IN $ MILLION)
FIGURE 10: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY PROTEINS AND PEPTIDES, 2024-2032 (IN
$ MILLION)
FIGURE 11: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY OMEGA-3 FATTY ACIDS, 2024-2032 (IN $
MILLION)
FIGURE 12: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY PLANT EXTRACTS, 2024-2032 (IN $
MILLION)
FIGURE 13: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY VITAMINS, 2024-2032 (IN $ MILLION)
FIGURE 14: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY PROBIOTICS AND PREBIOTICS, 2024-2032
(IN $ MILLION)
FIGURE 15: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY CAROTENOIDS AND ANTIOXIDANTS,
2024-2032 (IN $ MILLION)
FIGURE 16: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY MINERALS, 2024-2032 (IN $ MILLION)
FIGURE 17: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY OTHER INGREDIENT TYPES, 2024-2032 (IN
$ MILLION)
FIGURE 18: LATIN AMERICA
COSMETIC BIOACTIVE INGREDIENTS MARKET, BY COUNTRY OUTLOOK, 2023 & 2032 (IN
%)
FIGURE 19: BRAZIL COSMETIC
BIOACTIVE INGREDIENTS MARKET 2024-2032 (IN $ MILLION)
FIGURE 20: MEXICO COSMETIC
BIOACTIVE INGREDIENTS MARKET 2024-2032 (IN $ MILLION)
FIGURE 21: REST OF LATIN
AMERICA COSMETIC BIOACTIVE INGREDIENTS MARKET 2024-2032 (IN $ MILLION)