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Cosmetic Ingredients Market Size Forecast to Reach $11.8 Billion by 2025 Stringent Regulatory Controls and Higher Research and Production Costs are Main Constraints on the Worldwide Demand for Cosmetic Ingredients Market.
BriefingWire.com, 1/03/2021 - Cosmetic Ingredients Market size is forecast to reach $11.8 billion by 2025, after growing at a CAGR of 7.1% during 2020-2025. Cosmetic ingredients are the specific sets of substances that are used in the formulation and composition of cosmetics which enhances the physical appearance of people. Globally, changing lifestyles and growing spending capacity rise in the awareness about beautification, and an increase in per capita income and an urbanized population will accelerate the prime growth of the global cosmetic ingredients industry in the forecast era.