In terms of value, the cosmetic antioxidants market is estimated to grow from USD 132 million in 2023 to USD 178 million by 2028, at a CAGR of 6.2%. Cosmetic antioxidants are active ingredients used in various formulations to manufacture cosmetics products. These antioxidants are widely used in cosmetic products owing to their anti-aging, anti-wrinkle, anti-inflammatory, UV protection, and moisturizing functions. The main purpose of these antioxidants is to inhibit oxidation reactions to prevent the production of free oxygen radicals, which prevent the degradation of proteins and lipids in cosmetic products. Cosmetic antioxidants also help in protecting skin cells from damage caused due to pollution. They are used to decelerate the aging process and minimize sunspots and fine lines.

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Based on the source, the natural source was the largest segment of the cosmetic antioxidants market, in terms of value, in 2022.
Natural antioxidants are obtained entirely from natural sources such as plants or animals. These antioxidants include tocopherols, ascorbic acid, and rosemary extract, among others. Tocopherols are the most common natural antioxidants and are widely used in various cosmetic products. The increasing preference of the masses toward natural and herbal cosmetic products has increased the adoption of natural antioxidants in cosmetics.

Based on type, vitamins were the largest segment of the cosmetic antioxidants market, in terms of value, in 2022.
Vitamin E is a well-known lipid-soluble antioxidant that is useful for the human body and skin. Vitamin E is the generic name for tocopherols. Vitamin E and its compounds, such as tocopheryl acetate and tocopheryl linoleate, are used in various cosmetic formulations. Vitamin E occurs naturally in human skin. However, it gets depleted due to aging or constant exposure to the sun. Vitamin C is a water-soluble vitamin. It is also known as ascorbic acid. Vitamin C and its salts are easily found in plant tissues. Vitamin A, also known as retinol, is a skin-restoring and wrinkle-smoothing antioxidant. It is used in sunscreens, anti-aging creams, and hair conditioners. The addition of vitamin A in cosmetic products results in healthy skin cells and protects the skin against damage caused by ultraviolet radiation.

Based on function, anti-aging was the largest segment of the cosmetic antioxidants market, in terms of value, in 2022.
Anti-aging cosmetic products help reduce the appearance of fine lines and pigment evenings and provide a smooth skin texture. These products require cosmetic ingredients, such as vitamin A, biotin, coenzyme Q10, glycolic acid, green tea, and other vitamins, that help reduce signs of aging. Cosmetic antioxidants are widely used in cosmetic products such as serums, face creams, and lotions, among others, as anti-aging ingredients. These antioxidants help increase collagen and hydrate the skin.

Based on application, skin care was the largest segment of the cosmetic antioxidants market, in terms of value, in 2022.
Cosmetic antioxidants are used in skincare and hair care products to deliver the proposed benefits. The skin care application accounted for the larger market share, in terms of value, of the global cosmetic antioxidants market in 2022. It is estimated to have high demand due to growing aspirations to have younger skin and even skin tone and aging population growth. The increasing impact of global warming, with a rise in excess heat levels, is surging the demand for sun protection and moisturizing agents.

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Asia Pacific accounted for the largest market share of the cosmetic antioxidants market, in terms of value, in 2022.
The cosmetics industry in the Asia Pacific is flourishing due to a rise in the number of working women, increased spending of the masses on cosmetic products, and the growth of the young population in the region. Increasing population, improving standard of living, and rising e-commerce activities have increased the demand for cosmetic products in the region. Emerging economies such as China and India are high-growth markets for skin care, hair care, and make-up products in the region, owing to the economic growth of these countries and increased consumer spending on cosmetic products.