Cosmetic products derived from all-natural food-based ingredients are referred to as food-based cosmetics. The range of food-based ingredients includes fruits, vegetables, nuts, milk, and many others. Food products have always been active in cosmetic preparations owing to their nutritious content. The detoxifying properties of these staple foods increased their adoption as an active ingredient in the cosmetics industry.
An aging population, rising pollution, and rising living standards are the other factors responsible for the growth of the food-based cosmetics market. Fruits such as grapes, blueberries, apples, and pomegranates are increasingly in the interest of the older population owing to their anti-aging properties and thus increasing their use potential in cosmetics. However, concerns related to the safety of raw materials procured are the key factor hindering the growth of the food-based cosmetics market.
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Market Dynamics
The potential health benefits of healthy food on the skin are the primary factor driving the adoption of food products in cosmetic formulations. Consumers across the globe have an interesting perception that healthy food is also good for their beauty. Scientific evidence related to the detoxifying effect of fruits and vegetables is motivating their use as beauty aids, thus driving the growth of the food-based cosmetics market. The rising awareness towards long-term issues associated with the use of chemical-filled cosmetics is also motivating the consumer shift towards food-based beauty products. Furthermore, the growing production of plant-based raw materials for cosmetics is boosting the market growth.
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Segment Analysis
The global food-based cosmetics market has been segmented by product type into skincare, hair care, color cosmetics, and others. Skincare evolved as the largest category of food-based cosmetics market owing to high consumer demand for eye creams and moisturizers derived from fruits and vegetables. The evolution of mushroom-based anti-aging creams, avocado-based lip balms, fruit-based cleansers are supporting the segment growth.
Competitive Landscape
These product launches are indicating the widening spectrum of food-based cosmetics products. With the ongoing developments and surging demand for organic products, the food-based cosmetics market is estimated to grow at a lucrative growth rate in the near future. The changing regulations and legalization of cannabis-derived products is likely to affect the market. Some of the key players in the market are YESTO, INC, Intelligent Nutrients, Inc., 100% PURE, SkinFood, and Ren Skincare.
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