Market Dynamics:-
Increasing demand for organic and natural products coupled with changing consumer preferences towards safe and gentle ingredients for their hair care and skin care formulations is expected to boost demand for cosmetic botanical products over the forecast period.
Rising awareness among populace about side-effects of synthetic products or ingredients is expected to fuel demand for cosmetic botanical products market over the forecast period. Moreover, many companies are focused on adopting botanical extracts as a healthy and natural alternative to synthetic ingredients used previously by the cosmetic industry. This scenario is expected to provide ample of growth opportunities for the companies operating in the cosmetic botanical extracts market.
Furthermore, biological properties offered by botanical extracts such as antioxidant, anti-inflammatory, antimicrobial, antiseptic, and others are expected to fuel demand for botanical extracts from cosmetic industry over the forecast period.
However, large and easy availability of synthetic ingredients or extracts is expected to hinder growth of the cosmetic botanical extracts market over the forecast period.
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