Global Upcycled Cosmetic Ingredients Market Size, Share, and COVID-19 Impact Analysis, By Ingredient Type (Oils and Extracts, Powders, Butters, and Others), By Application (Skincare, Haircare, Fragrances, Makeup, and Body Care), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Industry: Consumer Goods

RELEASE DATE Dec 2024
REPORT ID SI7636
PAGES 237
REPORT FORMAT PathSoft

Global Upcycled Cosmetic Ingredients Market Insights Forecasts to 2033 

  • The Global Upcycled Cosmetic Ingredients Market Size was Valued at USD 242.50 Million in 2023
  • The Market Size is Growing at a CAGR of 5.75% from 2023 to 2033
  • The Worldwide Upcycled Cosmetic Ingredients Market Size is Expected to Reach USD 424.12 Million by 2033
  • Europe is Expected to Grow the fastest during the forecast period.

Global Upcycled Cosmetic Ingredients Market Size

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The Global Upcycled Cosmetic Ingredients Market Size is anticipated to exceed USD 424.12 Million by 2033, Growing at a CAGR of 5.75% from 2023 to 2033. The upcycled cosmetic ingredients market is growing rapidly due to rising consumer demand for sustainable, eco-friendly beauty products. With the advancements in technology and increasing brand adoption, this market holds great opportunities, particularly in skincare, oils, and extracts.

 

Market Overview

The upcycling cosmetic ingredients market uses excess or waste and by-products in food production for sustainable raw materials for beauty products. Repurposed from fruit peels, seeds, or pulp to oils, extracts, or powders, these are applied as skincare, haircare makeup, or fragrances. This trend is based on sustainability by conserving the use of fewer wastes in cosmetic formulations by using more eco-friendly materials. Moreover, consumer demand for sustainable products is driving the upcycled cosmetics market, with more consumers willing to pay for eco-friendly brands. Circular economy models, technological advancements in processing, and regulatory support are further boosting this trend. Brands are leveraging sustainability for differentiation, while increasing consumer awareness and partnerships with food producers are creating new upcycled ingredient sources. This shift encourages innovation, reduces waste, and meets the growing demand for ethical beauty products. Rising investment in research and development will drive market expansion, as businesses discover high-quality recycled ingredients with anti-aging, hydration, and environmental benefits. For instance, the upcycled beauty company is transforming the beauty industry by turning food waste into potential repurposed skincare components. Additionally, in July 2024, NoPalm Ingredients, a Dutch biotechnology company, invested USD 5.45 million (EUR 5 million) to produce sustainable palm oil from the repurposed industrial food waste stream.

 

Opportunities and Trends in the Global Upcycled Cosmetic Ingredients Market:

The global upcycled cosmetic ingredients market is gaining traction because of increasing consumer demand for sustainable products, technological innovations in ingredient extraction, and growing regulatory support. For instance, in February 2024, Global distributor of specialty chemical products, food, and pharmaceutical ingredients Biesterfeld Spezialchemie GmbH further established its strategic partnership with International Flavors & Fragrances Inc. (IFF) and thus expanded its business ingredients presence in the Brazilian personal care & beauty sector. From now on, in addition to this, it has also expanded its business presence within the Polish, Turkish and Ukrainian markets. Biesterfeld Spezialchemie distributes here a GENENCARE portfolio of bioactives, manufactured using upcycled procedures. The major trends are the use of waste materials such as fruit peels and seeds for new cosmetic formulations, increased brand differentiation through eco-friendly practices, and the increasing collaborations between cosmetics and food industries to create sustainable beauty solutions.

 

Report Coverage

This research report categorizes the global upcycled cosmetic ingredients market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global upcycled cosmetic ingredients market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global upcycled cosmetic ingredients market.  

 

Global Upcycled Cosmetic Ingredients Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 242.50 Million
Forecast Period:2023 - 2033
Forecast Period CAGR 2023 - 2033 :5.75%
2033 Value Projection:USD 424.12 Million
Historical Data for:2019-2022
No. of Pages:237
Tables, Charts & Figures:109
Segments covered:By Ingredient Type, By Application, By Region and COVID-19 Impact Analysis.
Companies covered::OLVEA Group, Mibelle AG, P2 Science, Inc., RAHN AG, Hair O’right International Corporation, Lignopure GmbH, SOPHIM, Innomost, Givaudan SA, Symrise, Cargill, Incorporated, and Others key vendors.
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving Factors

The upcycled cosmetic ingredients market is driven by growing consumer interest in eco-conscious beauty, pushing brands to adopt sustainable practices. Technological advancements enable efficient extraction and processing of waste materials into valuable ingredients. Additionally, rising concerns over resource scarcity encourage the use of upcycled materials, while brands seek to meet eco-certification standards. Increasingly, consumer education on waste reduction fuels demand for innovative, sustainable beauty solutions that align with environmental values. In addition, further partnerships between manufacturers and food waste collectors or the installation of upcycling facilities to produce additional upcycled bioactive ingredients will drive the market.  For example, in October 2022, BioVeritas invested USD 65 million to install an upcycling facility for food and agricultural waste for further development of the components for diverse applications, including beauty products, flavors, and fragrances.

 

Restraints & Challenges

The upcycled cosmetic ingredients market faces challenges such as limited consumer awareness, inconsistent quality control of upcycled materials, and higher production costs. Regulatory hurdles and requiring advanced technology to process waste efficiently can slow market growth. Industry collaboration and innovation are needed to overcome these issues.

 

Market Segmentation

The global upcycled cosmetic ingredients market share is classified into ingredient type and application.

  • The oils and extracts segment is expected to hold the largest share of the global upcycled cosmetic ingredients market during the forecast period.               

Based on ingredient type, the global upcycled cosmetic ingredients market is categorized as oils and extracts, powders, butters, and others. Among these, the oils and extracts segment is expected to hold the largest share of the global upcycled cosmetic ingredients market during the forecast period. The segmental growth includes oils and extracts derived from fruits, seeds, and plants, offering significant hydration, nourishment, and antioxidant protection. They are commonly applied in premium cosmetic products to fulfill the demand. Its stability, versatility, and capability of maintaining potent nutrients make the formulation vital both for high-performance and sustainable beauty.  

 

  • The skincare segment is expected to grow at the fastest CAGR during the forecast period.      

Based on the application, the global upcycled cosmetic ingredients market is categorized as skincare, haircare, fragrances, makeup, and body care. Among these, the skincare segment is expected to grow at the fastest CAGR during the forecast period. This is driven by the increasing consumer preference for sustainable, natural, and effective skincare products. Upcycled ingredients, such as plant-based oils and extracts, are known for their high antioxidant, anti-aging, and moisturizing properties, which align with the growing demand for eco-friendly and high-performance skincare solutions. As sustainability becomes a key purchasing factor, skincare products featuring upcycled ingredients are gaining significant popularity.

 

Regional Segment Analysis of the Global Upcycled Cosmetic Ingredients Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is projected to hold the largest share of the global upcycled cosmetic ingredients market over the forecast period.

Global Upcycled Cosmetic Ingredients Market Size

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North America is projected to hold the largest share of the global upcycled cosmetic ingredients market over the forecast period. This is due to the high consumer demand for sustainable and eco-friendly products in the region, along with growing environmental awareness. Major beauty brands in the U.S. and Canada are actively embracing upcycled ingredients to meet consumer preferences for clean, natural beauty. In addition, North America's well-established regulatory framework and focus on innovation in cosmetics further support the growth of the upcycled ingredient market in the region. For instance, In April 2024, Kaffe Bueno launched KLEANSTANT, a new upcycled bio-based anionic surfactant rich in antioxidant properties used in makeup removal, face cleanser, and hand & body wash product applications. Growth in the development of advanced bioactive components for the manufacture of makeup products is driving color cosmetics segmental growth.

 

Europe is expected to grow at the fastest CAGR growth of the global upcycled cosmetic ingredients market during the forecast period. This growth is based on the region's emphasis on sustainability, strict environmental regulations, and high consumer demand for cruelty-free and eco-friendly products. European consumers are now seeking natural, organic, and sustainable beauty solutions, compelling companies to adopt upcycled ingredients. In addition, several leading beauty companies and cosmetic innovation hubs are located in Europe, which also supports the growth of the market. Moreover, In November 2022, the European Commission launched a new Corporate Sustainability Reporting Directive (CSRD) to make 50,000 European firms report on resource use and circular economic performance by 2025. Such efforts by industry authorities in mandating the development of sustainability reports create newer opportunities in the production of sustainable beauty products, driving the growth of Europe's market.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global upcycled cosmetic ingredients market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • OLVEA Group
  • Mibelle AG
  • P2 Science, Inc.
  • RAHN AG
  • Hair O'right International Corporation
  • Lignopure GmbH
  • SOPHIM
  • Innomost
  • Givaudan SA
  • Symrise
  • Cargill, Incorporated
  • Others 

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Key Market Developments

  • In July 2024, Lignovations, a developer of high-performance materials, and IMCD, a formulator and distributor of specialty chemicals, extended their partnership to introduce the innovative LignoGuard® SPF Booster in Germany. LignoGuard is derived from upcycled lignin and can be extensively used in eco-friendly and sustainable cosmetics.

 

  • In April 2024, Mibelle Biochemistry introduced RejuveNAD, a unique active component derived from organic sunflower sprouts that naturally improves NAD+ levels for better skin lifetime.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global upcycled cosmetic ingredients market based on the below-mentioned segments: 

 

Global Upcycled Cosmetic Ingredients Market, By Ingredient Type

  • Oils and Extracts
  • Powders
  • Butters
  • Others

 

Global Upcycled Cosmetic Ingredients Market, By Application

  • Skincare
  • Haircare
  • Fragrances
  • Makeup
  • Body Care

 

Global Upcycled Cosmetic Ingredients Market, By Regional

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. What is the CAGR of the global upcycled cosmetic ingredients market over the forecast period?
    The global upcycled cosmetic ingredients market size is expected to grow from USD 242.50 Million in 2023 to USD 424.12 Million by 2033, at a CAGR of 5.75% during the forecast period 2023-2033.
  • 2. Which region is expected to hold the highest share of the global upcycled cosmetic ingredients market?
    North America is projected to hold the largest share of the global upcycled cosmetic ingredients market over the forecast period.
  • 3. Who are the top key players in the global upcycled cosmetic ingredients market?
    OLVEA Group, Mibelle AG, P2 Science, Inc., RAHN AG, Hair O'right International Corporation, Lignopure GmbH, SOPHIM, Innomost, Givaudan SA, Symrise, Cargill, Incorporated, and Others.

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