Organic Personal Care Ingredients Market Size, Share & Trends Analysis Report By Type, By Product (Natural Surfactants, Emollients), By Application (Skin Care, Hair Care), By Region, And Segment Forecasts, 2024 - 2030

Research Methodology

A three-pronged approach was followed for deducing the organic personal care ingredients market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for organic personal care ingredients market to gather the most reliable and current information possible.

• We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
• We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
• We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
• We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
• We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of organic personal care ingredients market data depending on the type of information we’re trying to uncover in our research.

• Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

• Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

• Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

• Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

• Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

• Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

• This step also entails the finalization of the report scope and data representation pattern.

• Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Organic Personal Care Ingredients Market Categorization:

The organic personal care ingredients market was categorized into four segments, namely type (Organic, Natural), product (Natural Surfactants, Emollients, Active Ingredients, Sugar Polymers, Natural Preservatives), application (Skin Care, Hair Care, Oral Care, Cosmetics), and regions (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa).

Segment Market Methodology:

The organic personal care ingredients market was segmented into type, product, application, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

• Demand estimation of each product across countries/regions summed up to from the total market.

• Variable analysis for demand forecast.

• Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

• Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

• Used extensively for new product forecasting or analyzing penetration levels.

• Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

• Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

• This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The organic personal care ingredients market was analyzed at a regional level. The global was divided into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into eight countries, namely, the U.S.; Germany; U.K.; Canada; Japan; China; India; Brazil.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Organic personal care ingredients market companies & financials:

The organic personal care ingredients market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

• Nouryon - Nouryon, a global leader in specialty chemicals, is a major market player in the manufacturing of everyday products such as plastics, paper, personal care products, and building materials. The company is a prominent participant across key industries such as paints & coatings, agriculture, pulp & paper, cleaning & personal care, polymer production & processing, oil & gas, electronics, food, and water treatment. Nouryon manufactures and supplies essential personal care ingredients such as rheology modifiers, aesthetic modifiers, conditioning agents, cleansing & active agents, film-formers, and emulsifiers, which are used in various applications including hair care, skin care, hair styling, and sun care.

• BASF SE - BASF SE is a major market player in the chemical manufacturing industry, with a global presence across Asia Pacific, North America, Central & South America, Europe, and the Middle East & Africa. The company operates through six business segments, namely chemical, material, industrial solution, surface technologies, agricultural solution, and nutrition & care. The agricultural solutions segment includes solutions for farming, landscape management, and pest control. The material segment comprises performance polymers and monomers, while the chemical segment includes petrochemicals and intermediaries. The industrial solutions segment includes performance chemicals and dispersion & pigments. Personal care ingredients are included in the personal care & hygiene segment, offering a variety of products such as emollients, emulsifiers, surfactants, rheology modifiers, and active ingredients, which find use in face care, oral care, sun care, skin care, and hair care applications. 

• Clariant - Clariant is a Swiss multinational specialty chemical company that specializes in the manufacturing and distribution of specialty chemicals worldwide. The company operates through various business segments, including additives, catalysts, functional minerals, industrial & consumer specialties, masterbatches, pigments, and oil & mining services. The personal care sub-segment operates under the industrial & consumer specialties segment and manufactures active ingredients, emulsifiers & solublizers, rheology modifiers, surfactants, UV filters, preservatives, pearlizers, and hair conditioning agents. These ingredients are used in skin care, hair care, oral care, and cosmetic applications. 

• AkzoNobel N.V. - AkzoNobel N.V., a result of the merger between Akzo and Nobel Industries, is a prominent paint and coatings manufacturer headquartered in the Netherlands. The company operates through three business segments: performance coatings, specialty chemicals, and decorative paints. Personal care ingredients are manufactured under the AkzoNobel Consumer goods sub-segment within the Specialty chemicals segment. This sub-segment produces a range of ingredients, including rheology modifiers, aesthetic modifiers, conditioning agents, cleansing & active agents, film-formers, and emulsifiers, which are used in various applications such as skin care, hair care, oral care, and cosmetics. 

• Evonik Industries - Evonik Industries, a leading specialty chemicals company, was established through a merger of Akzo and Nobel Industries. The company operates in about 100 countries globally and has production plants in 25 countries. Evonik's product portfolio includes 4612 products that have an application scope of 21 segments. The company’s Personal Care segment provides starting materials for shampoos, conditioners, and styling products, including a wide-ranging variety of silicone derivatives and active ingredients for hair strengthening & fiber repair. In addition, it provides a broad array of surfactants, refatting, and moisturizing agents. For the antiperspirants & deodorants segment, the company provides unique silicone emulsifiers and formulation concepts for roll-ons, sticks, aerosols, and a few other products. For color cosmetics, the company offers emulsifiers, emollients and skin-identical ceramides. In addition, the company also offers natural-derived and silicone based O/W & W/O emulsifiers, mild surfactants, and liquid and waxy lipophilic emollients. 

• Agrana Beteiligungs-AG - Agrana Beteiligungs-AG, a subsidiary of Z&S Zucker und Stärke Holding AG, is a major food processing company listed on the Vienna Stock Exchange. The company operates through three primary segments: sugar, starch, and fruit. The sugar segment includes products such as fertilizers, refined raw sugar, sugar beet processing, and animal feed. Its starch segment processes and refines agricultural raw materials, including potatoes, wheat, and corn, into starch products used in various industries. The fruit segment sells and produces fruit juice concentrates, fruit preparations, not-from-concentrate juices, beverage bases, fruit wines, and natural flavors & aromas. The company offers a wide range of products for the cosmetics industry, including corn, native rice, and tapioca starches. Agrana has a global presence, with 50 facilities in 25 countries and a diverse product portfolio. As of December 2018, the company had 8,678 employees working across its offices and production facilities.

• Cargill, Inc. - Cargill is a major market player that specializes in providing agricultural, food, industrial, and financial products. The company operates through various segments, including beauty & personal care, pharmaceutical, meat processing, risk management, salt, malt, edible oil solutions, bioindustrial, animal nutrition, and agriculture. In the beauty and personal care segment, Cargill provides a diverse range of nature-derived ingredients, including texturizers, emollients, emulsifiers, sensory enhancers, and bio-actives, which are used in skin care, hair care, color care, and oral care applications. 

• Croda International plc - Croda, a global leader in the specialty chemicals industry, is dedicated to providing innovative and sustainable solutions to the beauty and personal care market. The company operates through various segments, including beauty & personal care, pharmaceutical, meat processing, risk management, salt, malt, edible oil solutions, bioindustrial, animal nutrition, and agriculture. In the beauty and personal care segment, Croda offers a diverse range of nature-derived ingredients, including texturizers, emollients, emulsifiers, sensory enhancers, and bio-actives, which are used in skin care, hair care, color care, and oral care applications. The company is committed to enabling the sustainable growth of its customers by offering a broad portfolio of performant and cost-efficient personal care ingredients combined with deep application expertise. Croda's dedication to providing high-quality, nature-derived ingredients and its adherence to industry standards and certifications have established it as a significant player in the beauty and personal care market.

• Galaxy Surfactants Ltd. - Galaxy Surfactants is a major market player that specializes in the manufacturing and distribution of a wide variety of specialty chemicals and surfactants primarily for the personal & household care industry. The company caters to domestic and international consumers through their manufacturing and distribution facilities in India, U.S., Turkey, Egypt, Netherlands, and Colombia. 

• GatteFosse SAS - GatteFosse SAS is a French company that specializes in the creation, development, manufacture, and marketing of specialty ingredients and innovative formulation solutions for the health, beauty, and personal care industries. The company offers a variety of Actives, extracts, textures, and formulations for the personal care industry, which are further used in skin care, hair care, oral care, and home care applications. GatteFosse uses plant, fruit, and other natural sources for the manufacture of various specialty ingredients for personal care and pharma products. The company operates globally through its affiliations in multiple locations, including France, Germany, Spain, Italy, Switzerland, Algeria, Tunisia, the U.S., Canada, Brazil, India, China, Japan, and Singapore. In addition, the company has a well-established network of direct distributors in over 40 countries across Europe, the Middle East & Africa, Mexico, Central & South America, and Asia.

Value chain-based sizing & forecasting

Supply Side Estimates

• Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

• Segment revenue determination via variable analysis and penetration modeling.

• Competitive benchmarking to identify market leaders and their collective revenue shares.

• Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

• Identifying parent markets and ancillary markets

• Segment penetration analysis to obtain pertinent

• revenue/volume

• Heuristic forecasting with the help of subject matter experts

• Forecasting via variable analysis

Organic Personal Care Ingredients Market Report Objectives:

• Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

• Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

• Understanding market estimates and forecasts (with the base year as 2023, historic information from 2018 to 2022, and forecast from 2024 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Organic Personal Care Ingredients Market Report Assumptions:

• The report provides market value for the base year 2023 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

• The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

• We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

• All market estimates and forecasts have been validated through primary interviews with the key industry participants.

• Inflation has not been accounted for to estimate and forecast the market.

• Numbers may not add up due to rounding off.

• Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

• Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

• Latin America includes Central American countries and the South American continent

• Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

• Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

• Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.