**Personal Care Ingredients Market Report 2024: Growth Projections and Strategic Insights**
Dublin, Aug. 30, 2024 (GLOBE NEWSWIRE) – The report titled “Personal Care Ingredients – Global Strategic Business Report” has been published by ResearchAndMarkets.com.
– **Market Overview**: The global Personal Care Ingredients market was valued at $12.3 billion in 2023 and is expected to grow to $16.3 billion by 2030, reflecting a CAGR of 4.1%.
– **Key Growth Drivers**:
– Rising consumer demand for safe, high-quality personal care products.
– Increased investment in wellness and self-care routines.
– Advances in sustainable ingredient production technologies.
– Growth in e-commerce facilitating product access and variety.
– **Segment Insights**:
– Emollients: Expected to grow to $5.0 billion by 2030 (CAGR 4.5%).
– Surfactants: Projected growth at 3.5% CAGR.
– **Regional Highlights**:
– U.S. market valued at $3.3 billion in 2023.
– China forecasted growth of 6.6% CAGR to reach $3.4 billion by 2030.
– **Market Segmentation Insights**: Comprehensive analysis covering key regions: U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
– **Competitive Landscape**: Profiles major players such as Air Liquide, Akzo Nobel, BASF, and more.
– **Report Features**: Includes 244 pages of detailed data, annual sales forecasts, and trends, with one-year complimentary updates.
**Key Market Trends**:
– Demand for natural and organic ingredients is rising.
– Consumer preference for clean label products is expanding opportunities.
– Innovations in biotechnology are enhancing ingredient development.
– Collaboration in ingredient manufacturing is strengthening market growth.
For more information, visit: https://www.researchandmarkets.com/r/8hrp20
