Europe Lipid Ingredients Market for Cosmetics - Opportunity Analysis And Industry Forecast (2021-2028)
Meticulous Research ® – leading global market research company, published a research report titled “Europe Lipid Ingredients Market for Cosmetics by Source (Plant {Vegetable Oil}, Animal, Novel Lipid Sources {Insects, Microalgae}), Application (Haircare), and Geography – Forecast to 2028”. According to this latest publication from Meticulous Research®, the Europe lipid ingredients market for cosmetics is expected to record a CAGR of 3.9% from 2021 to 2028 to reach $3.6 billion by 2028. The growth of this market is expected to be driven by the factors such as rising investment for the development of innovative/customized lipid ingredients, growing consumer demand for cosmetics with nutrient-enriched vegetable oils, rising demand for natural cosmetic ingredients, and increasing demand for skincare products in the region. However, the availability of substitutes such as mineral oil can hinder market growth. In addition, the limited availability of some lipi...