Market definition of the Cosmetic Halal Ingredients Market along with the breakdown of different prompting factors like drivers, limitations, and opportunities. Broad research on the competitive landscape of the international Cosmetic Halal Ingredients Market. Documentation and study of local and global factors that will affect the market's development. A complete catalog of key market players working in the Cosmetic Halal Ingredients Market. Also, it gives an examination of the different market segmentation, by type, size, applications, region, and end-users. It provides a descriptive survey of demand-supply chaining in the Cosmetic Halal Ingredients Market.

Cosmetic Halal Ingredients Market By Ingredient Type (Active Ingredients, Specialty Additives, and Others), Application (Body and Skin Care, Makeup, Hair Care, Oral Care, Fragrance), Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Market Overview

The cosmetic halal ingredients market is anticipated to reach USD 4.6 billion by 2020 growing at a CAGR of 8.7% during the forecasting period, 2020-2028.

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A noticeable increment in the Islamic population base across the globe is keen to pay the price for premium halal cosmetics. Increasing demand and awareness towards the usage of cosmetic products is likely to increase the demand for halal ingredients. Factors such as increased urbanization, and growing standards of living are driving the market for cosmetic halal ingredients market.

Key Findings

·         The global cosmetic halal ingredients market is segmented into ingredient type, application, and geography.

·         The ingredient type segment is segmented into active ingredients, specialty additives, and others.

·         On the basis of product, the active ingredient segment is expected to dominate the market for cosmetic halal ingredients market during the forecast period 2020-2028

·         Application segment is segmented into Body and Skin Care, Makeup, Hair Care, Oral Care, Fragrance

·         Geographically, the global cosmetic halal ingredients market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Regional Analysis

Asia-Pacific region is the largest contributor to the cosmetic halal ingredients market in the forecast period 2020-2028.

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Competitive Landscape

Key players in the global cosmetic halal ingredients market are

·         DSM

·         BASF SE

·         Symrise

·         Mibelle Group

·         Croda

·         Lonza

·         DowDupont among others.

Recent Developments

The companies have come up with various promotional activities in from of launch, investment, acquisitions, and other, for instance:

·         In 2019, BASF launched Hydrasensyl Glucan, an ultra-pure, multi-functional, and fast-acting beta-glucan

·         In 2019, BASF launched a new Enzyme product line Lavergy for detergents and cleaners and are also for hair care application

·         In 2018, the Personal Care & Aroma Ingredients business unit got certified as halal. The ingredients got approved by the Halal Food Council of Europe (HFCE), Brussels, which is recognized by the Indonesian Council of Ulama (Majelis Ulama Indonesia (MUI)), the Department of Islamic Development Malaysia (Jabatan Kemajuan Islam Malaysia (JAKIM)), the Islamic Food and Nutrition Council of America (IFANCA) and the Emirates Authority for Standardization and Metrology (ESMA)

·         In 2018, Symrise got halal certification for more than 200 products. The halal certification has been applied to both hair and skincare

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