Governments of several countries are taking initiatives to encourage and promote the use of bio-based cosmetics. They have also laid regulatory, policy, and safety laws to enhance the quality of bio-based cosmetics. With the goal of standardizing different labels into a unified standard for cosmetics and personal care, the Cosmos, a global standard was developed, and the guidelines were published in January 2011. The attempt toward the unification of standards and labels completed by 2015; until then, ingredients were accepted under different certifying bodies. The logos of certifying bodies such as Soil Association (UK), BDIH (Germany), Ecocert (France), Natrue and Nordic Swan, among which Ecocert is the most familiar, offer a unified identity to bio-based and natural ingredients and finished products in the cosmetics and personal-care markets.

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Consumers are evading chemicals such as phthalates, parabens, and sodium lauryl sulphate, as they are concerned about related health risks. Thus, a growing number of cosmetics companies are replacing synthetic chemicals with bio-based ingredients. However, high cost of bio-based products and concerns toward the efficacy of bio-based as compared to synthetic counterparts are some of the factors that are restraining the growth of bio-based cosmetics and personal care ingredients.

Emollients are expected to dominate the global bio-based cosmetics and personal care ingredients market during the forecast period, 2019-2029. Changing lifestyles and widespread consciousness concerning the enhancement of the total personality among consumers are expected to drive the global emollients market. Emollients soften and smoothen dry, flaky and rough skin for giving it a better look and feel. The smoothening action of the emollients takes place by filling the open spaces between the cells in dried skin with fatty substances and lipids. Emollients are occlusive agents and keep the skin hydrated for a longer period. Thus, the demand for emollients is expected to increase in the skin care and hair care application segment.

Rising awareness pertaining to beauty is a leading factor boosting the demand for skin care products, thereby contributing to the consumption of emollients. Moreover, increasing consumer concerns about the harmful effects of pollution on the skin are expected to influence the demand for skin care products, globally. Market players are acquiring organic farms to enhance their farming capabilities. For instance, Vantage Specialties, Inc. acquired organic jojoba farm from Cocopah Nurseries for manufacturing emollients for personal care and cosmetics products. Despite widespread applications in the cosmetics and personal care industries, rigorous costs of prime products and their inadequate adoption is, in turn, hindering the demand for emollient in these sectors.

The demand for bio-based cosmetics and personal care ingredients varies across various geographical regions. The bio-based cosmetics and personal care ingredients market holds a prominent share in various countries of North America, Asia-Pacific (APAC), and Europe.

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North America and Europe hold significant shares in the global bio-based cosmetics and personal care ingredients market. North America is currently the largest revenue-generating region in the bio-based cosmetics and personal care ingredients market. In North America, the consumer preference toward improved lifestyles and the increasing demand for products which minimally impact the environment are driving the market growth. Additionally, the rising acceptance of vegan lifestyles among millennial is also expected to contribute to the growth of the market. The U.S. is the leading country in the bio-based cosmetics and personal care ingredients market in the North American region and globally. Europe is the second-largest market globally mainly due to the growing effects of pollution, such as risk of skin cancer, premature skin aging, dryness, roughness, and discoloration, which push consumers toward protecting their skin using chemical-free products.

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