Vegetable Oils in Beauty and Personal Care Market Size, Trends, and Industry News

Vegetable oils are widely utilized in beauty and personal care due to their nourishing and moisturizing properties. These natural oils are rich in essential fatty acids, vitamins, and antioxidants, offering numerous benefits for skin and hair. Consumer demand for healthy, natural ingredients is in tandem with the rising demand for health consciousness among consumers and the sustainability quotient. A clean label is the new norm among consumers today. The willingness to pay more for recognizable ingredients is strongest in the US, highlighting the importance of clean and clear labeling in the American market. In this report, the vegetable oils in beauty and personal care market have been studied based on type, application, nature, and region.

Here are some common vegetable oils used in beauty and personal care:

Coconut Oil:

1. Known for its moisturizing properties, coconut oil is often used in skincare and haircare products.
2. It can help hydrate dry skin and hair, leaving them soft and supple.

Olive Oil:

1. Rich in antioxidants, olive oil is commonly used to nourish and protect the skin.
2. It is often included in facial cleansers, moisturizers, and hair treatments.

Argan Oil:

1. Extracted from the kernels of the argan tree, this oil is renowned for its benefits for both skin and hair.
2. Argan oil is often used to add shine to hair, reduce frizz, and moisturize the skin.

Jojoba Oil:

1. Jojoba oil closely resembles the skin's natural sebum, making it an excellent moisturizer.
2. It is commonly found in facial oils, cleansers, and hair care products.

Sweet Almond Oil:

1. Lightweight and easily absorbed, sweet almond oil is rich in vitamins and can help moisturize the skin without feeling greasy.
2. It is often used in body lotions, facial serums, and massage oils.

Avocado Oil:

1. Avocado oil is packed with vitamins A, D, and E, as well as omega-3 fatty acids.
2. It is known for its moisturizing and nourishing properties, making it beneficial for dry and damaged skin and hair.

Grapeseed Oil:

1. Grapeseed oil is lightweight and easily absorbed, making it suitable for various skincare products.
2. It is often used as a carrier oil in aromatherapy and massage oils.

Sunflower Oil:

1. Rich in vitamin E and antioxidants, sunflower oil helps protect the skin from environmental damage.
2. It is commonly found in moisturizers, cleansers, and hair care products.

Rosehip Oil:

1. Known for its anti-aging properties, rosehip oil is rich in vitamin C and essential fatty acids.
2. It is often used in facial serums to promote a youthful complexion.

Vegetable Oils in Beauty and Personal Care Market Size

The global market for vegetable oils in beauty and personal care was valued at USD 4.4 billion by 2022 and is projected to reach USD 5.8 billion by 2027, at a CAGR of 5.7% during the forecast period in terms of value.

Vegetable Oils in Beauty and Personal Care Market Trends

Here are some key trends shaping vegetable oils in beauty and personal care markets

1. Demand for Natural and Organic Products: Consumers are increasingly seeking natural and organic ingredients in their beauty and personal care products. Vegetable oils, being derived from plants, fit into this trend perfectly. They are perceived as safer and more environmentally friendly alternatives to synthetic chemicals.
2. Skin and Hair Benefits: Vegetable oils are known for their nourishing and moisturizing properties, making them popular ingredients in skincare and haircare products. Oils like coconut, argan, jojoba, and avocado are particularly sought after for their ability to hydrate, soften, and improve the texture of skin and hair.
3. Anti-aging Formulations: Many vegetable oils are rich in antioxidants, vitamins, and fatty acids, which help combat signs of aging such as fine lines, wrinkles, and dullness. Beauty brands are incorporating these oils into anti-aging formulations to offer natural alternatives to traditional skincare products.
4. Multifunctional Products: Consumers are increasingly drawn to multifunctional beauty products that offer multiple benefits in one. Vegetable oils lend themselves well to this trend because they can serve various purposes, such as moisturizing, cleansing, and even providing UV protection.
5. Sustainability and Ethical Sourcing: With growing awareness about environmental issues and ethical concerns, consumers are placing greater importance on sustainability and ethical sourcing practices. Beauty brands are responding by sourcing vegetable oils from sustainable and ethically responsible suppliers, and they are also transparently communicating these practices to consumers.
6. Customization and Personalization: Personalization has become a key trend in the beauty industry, with consumers seeking products tailored to their specific needs and preferences. Vegetable oils offer versatility, allowing brands to create customizable formulations that address individual skin and hair concerns.
7. Rise of Clean Beauty: Clean beauty, which emphasizes products made with safe, non-toxic ingredients, is gaining traction among consumers. Vegetable oils align with the principles of clean beauty, as they are natural, free from harmful chemicals, and generally well-tolerated by sensitive skin types.

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The growth of vegetable oils in beauty and personal care market in Europe is driven by the demand for products that are free from chemicals and safe

Natural cosmetics are becoming increasingly popular in Europe with the growing awareness of healthy lifestyles and the gradual shift to cleaner, chemical-free products. The consumer demand for cosmetic products that do not contain chemicals is expected to fuel market growth. Palm oil is well-known in the cosmetics industry. On the other hand, concerns about deforestation are creating a strong demand for environmentally friendly alternatives. Companies in the cosmetics industry aim to replace palm kernel oil-based ingredients in their formulations. Unilever (UK), in collaboration with Geno (India), will invest USD 120 million in biotechnology alternatives for unsustainable ingredients in 2022. The collaborations aim to scale plant-based alternatives to materials like palm oil and fossil fuels for hygiene and personal care products.

Vegetable Oils in Beauty and Personal Care Market Share

Some of the vegetable oils in beauty and personal care market share:

• Archer Daniel Midlands Company (US)
• CARGILL (US)
• Ingredion Incorporated (US)
• Tate & Lyle (UK)
• Avebe U.A. (The Netherlands)
• Royal Ingredients Group (The Netherlands)
• Roquette Frères (France)
• Emsland (Germany)
• Grain Processing Corporation (US)
• AGRANA (Austria)
• SMS Corporation (Thailand)
• Global Bio-Chem Technology Group Company

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Vegetable Oils in Beauty and Personal Care Market Segmentation:

This research report categorizes the vegetable oils in beauty and personal care market based on product type, application, source, method of extraction, and region.

By Type

• Orange
• Sweet Almond Oil
• Coconut Oil
• Sesame Oil
• Avocado Oil
• Argan Oil
• Macadamia Oil
• Castor Oil
• Shea Oil
• Apricot Oil
• Pomegranate Oil
• Evening Primrose Oil
• Borage Oil
• Baobab Oil
• Jojoba Oil
• Other Types

By Application

• Color Cosmetics
• Skin Care
• Hair Care
• Other Applications
• Other applications include baby care products, oral care, and perfumes.

By Nature

• Conventional
• Organic

By Region:

• North America
• Europe
• Asia Pacific
• Rest of the World (RoW)

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