Industry News

Are Millennials and Gen Z Boosting Bio-Based Personal Care R&D?

New study from Custom Market Insights.

The global bio-based cosmetics and personal care ingredients market was valued at approximately $5.8 billion in 2025 and is expected to reach $6.6 billion in 2026, according to a new study from Custom Market Insights.

The global market for bio-based cosmetics and personal care ingredients includes actives, emollients, surfactants, preservatives, thickeners and plant oils such as squalane, bio-fermented hyaluronic acid, algal extracts, essential oils, bio-based glycerin and other renewable ingredients.

The global market for bio-based cosmetics and personal care ingredients is growing quickly because more people want clean, natural and sustainable beauty products, according to the company.

The growing interest in sustainable and biodegradable materials has resulted in the desire among Millennials and members of Generation Z to purchase environmentally friendly products, commitment to sustainability shown by manufacturers and prohibitions related to the use of microplastics.

In 2025, the market for emollients and oils was dominated by plant-derived emollients and oils such as squalane, jojoba oil and argan oil, added the report.

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