Alpha Bisabolol Market

Market Overview

The global alpha bisabolol market size was valued at USD 23.19 billion in 2022. It is estimated to reach USD 35.82 billion by 2031, growing at a CAGR of 4.95% during the forecast period (2023–2031). In recent years, there has been a growing concern regarding eco-friendly products, leading to the surging demand for natural and organic cosmetic products, driving the global market growth. Moreover, there has also been a rise in the use of alpha-bisabolol in the pharmaceutical industry, further augmenting the market expansion.

Alpha-bisabolol, also called bisabolol, is a naturally occurring alcohol compound found in the essential oil of chamomile plants. It is mainly found in German chamomile (Matricaria chamomilla or Matricaria recutita) and, to a lesser extent, Roman chamomile (Chamaemelum nobile). It is a prevalent component in hygiene and cosmetic products due to its renowned soothing and anti-inflammatory attributes.

Alpha-bisabolol has historically been utilized for its skin-healing characteristics and is frequently incorporated into products designed for delicate or inflamed skin. It is hypothesized to possess properties that reduce irritation, inflammation, and microbial activity. It is appropriate for many skin types, including sensitive skin, because of its mild and delicate composition. Alpha-bisabolol is utilized in skincare, dental care products, and fragrances. It is widely regarded as a safe component with minimal skin irritation or sensitization risk.

Market Dynamics

Global Market Drivers

Growing Demand for Natural and Organic Cosmetic Products

The growing popularity of organic cosmetics and personal care products is a primary driver for the expansion of the alpha bisabolol market. For instance, according to Straits Research, the organic cosmetic product market was worth around USD 30.63 billion in 2022. It is expected to grow at a CAGR of 12.5% during the forecast period (2023-2031).

Consumers are increasingly conscious of the detrimental impact of synthetic chemicals and additives on their well-being and the ecosystem. As a result, they favor natural and organic products that are safe and efficient while also being environmentally beneficial. Alpha bisabolol is a natural and organic element that can enhance the performance, quality, and appeal of many cosmetic and personal care products, such as sunscreens, moisturizers, cleansers, toners, anti-aging creams, and oral care products.

Growing Demand from the Pharmaceutical Industry

The increasing demand for alpha-bisabolol in the pharmaceutical industry is another factor contributing to the alpha bisabolol market growth. Alpha bisabolol has proven benefits in treating various skin conditions, like eczema, psoriasis, dermatitis, acne, and wounds, as well as oral infections, such as gingivitis, periodontitis, and candidiasis.

Alpha bisabolol can also modulate the immune system and reduce inflammation and pain. Therefore, alpha-bisabolol is used as an active ingredient or an excipient in various pharmaceutical formulations, such as creams, gels, ointments, lotions, and mouthwashes. Moreover, the market is expanding owing to the surging need for novel and efficient drug delivery methods such as topical, transdermal, and oral. Alpha bisabolol is an excipient in several pharmaceutical formulations because it can increase the active ingredients' solubility, stability, and bioavailability.

Global Market Restraint

Limited Supply of Alpha Bisabolol

The shortage and high price of natural alpha bisabolol pose significant obstacles for the market. The primary source of natural alpha-bisabolol is the candeia tree, which is indigenous to Brazil and currently faces the risk of destruction and overexploitation. However, the candeia tree is subject to stringent restrictions and certifications imposed by the Brazilian government and the Forest Stewardship Council to safeguard its well-being and promote sustainable practices in its management. Consequently, there has been a decrease in the availability and a rise in the price of natural alpha-bisabolol. This can restrict the profitability and competitiveness of the market participants.

Global Market Opportunities

Product Advancements

The key players in the market are tapping into the initiatives to advance their products and introduce alpha bisabolol with the highest purity. For instance, in November 2021, Givaudan Active Beauty advanced the limits of biotechnology by introducing enhanced standards for BisaboLife, a highly refined and environmentally friendly (-)-α-bisabolol. It employs an optimized procedure to ensure an ingredient with a minimum purity of 99 percent, the industry's most significant rate presently achievable. This quality surpasses that of both synthetic and natural products. The company's research shows that the active component has the lowest farnesol concentration on the market (<0.05%) compared to synthetic equivalents. Such advancements create opportunities for market growth.

Regional Analysis

North America Dominates the Global Market

Based on region, the global alpha bisabolol market is bifurcated into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.s

North America is the most significant global alpha bisabolol market shareholder and is expected to expand substantially during the forecast period. The main factor propelling the alpha-bisabolol market's expansion in North America is the growing consumer need for natural and organic personal care products and cosmetics, particularly in the United States and Canada. Consumers in this region are increasingly conscious of the health and environmental advantages of natural and organic products. They favor products containing natural and organic substances, such as alpha-bisabolol. Skincare goods are the greatest portion of the natural and organic beauty goods market in the United States, representing more than 40 percent of the market. In 2016, the income generated by organic cosmetics in the United States amounted to over 750 million U.S. dollars. This amount is expected to rise to around USD 1.65 billion by 2025. Most of this revenue rise may be attributed to the sales of organic face creams.

Furthermore, in the United States, customers have a minor inclination towards organic makeup products, as evidenced by the fact that 21 percent of U.S. adults solely or predominantly purchase organic makeup. Furthermore, it is worth noting that 28% of males and 22% of females in the United States preferentially utilize organic skin care products. This inclination may be attributed to the fact that roughly 40 percent of customers in the U.S. believe that organic personal care and cosmetics products are superior in terms of health benefits compared to conventional alternatives. In North America, the alpha bisabolol market benefits from the presence of prominent alpha bisabolol manufacturers, including Symrise AG, Beraca, and TRI-K Industries. These manufacturers offer a diverse selection of alpha-bisabolol products known for their superior quality and innovative features.

The Asia-Pacific alpha bisabolol market is projected to experience rapid expansion, primarily driven by increasing disposable income, urbanization, and westernization among consumers, particularly in China, India, Japan, and Australia. The customers in this region are embracing a modern and refined lifestyle. They seek more convenient, high-end cosmetics and personal care items to accommodate their busy and demanding schedules. Similarly, according to a study by Euromonitor International, the Indian beauty and personal care (BPC) market is currently the 8th largest globally, totaling USD 15 billion. It is also experiencing a growth rate of approximately 10%. As per the analysis, the market is projected to increase twofold by 2030, primarily due to the rise in the skincare and cosmetics sectors.

Moreover, the prominent individuals involved in this endeavor have integrated sustainability with alpha-bisabolol to enhance the ecological compatibility of the product. In June 2023, Soho Aneco Chemicals, a Chinese business specializing in ingredients, introduced BioSyn-Bisabolol, a naturally active compound produced via a large-scale fermentation process. Bisabolol is a naturally occurring sesquiterpene compound used in traditional medicine for centuries. This natural chemical possesses diverse activities, including anti-inflammatory properties, skin-soothing abilities, and the capacity to restore the skin's protective barrier. Consequently, it can safeguard the skin against the pressures of daily stress. Due to its exceptional properties, bioSyn-Bisabolol (INCI: α-Bisabolol) is highly recommended for sensitive skin care, baby care, and after-sun care products.

Segmental Analysis

The global alpha bisabolol market is segmented by purity and application.

Based on purity, the global alpha bisabolol market is divided into >95% and <95%.

The purity segment exceeding 95% comprises alpha bisabolol grades of 99%, 98%, and 97%. These grades are highly regarded for their exceptional properties and efficacy across various applications. On the other hand, the purity segment below 95% comprises alpha bisabolol grades of 93%, 87%, 85%, and >75%, deemed less favorable and less efficacious than those with higher purity.

Based on application, the global alpha bisabolol market is segmented into skincare, oral hygiene products, cosmetics, and others.

Alpha-bisabolol serves as a highly beneficial component in oral hygiene products. Alpha-bisabolol possesses anti-inflammatory properties, which can aid in the reduction of inflammation and irritation within the oral cavity. This property renders it valuable in treatments specifically formulated to alleviate conditions such as gingivitis or other types of oral irritation. It possesses modest analgesic qualities, which can help with minor oral irritation. This can be especially advantageous in products designed for those with sensitive gums or teeth.

Alpha-bisabolol has been found to have antimicrobial characteristics, which can effectively control the growth of bacteria and fungi in the mouth. This can aid in preserving a harmonious equilibrium of oral flora and preventing conditions such as bad breath and infections. Moreover, alpha-bisabolol possesses a gentle, relaxing, and flowery aroma, which can augment the overall taste and scent characteristics of oral hygiene products. Consumer approval of taste and fragrance is particularly vital in goods such as toothpaste and mouthwash.

Recent Developments

• April 2023- AMRS announced the completion of the earlier strategic deal with Givaudan SA for the worldwide exclusive license of certain cosmetic ingredients, including Neossance Hemisqualane, Neossance Squalane, and CleanScreen. This marketing agreement builds on creating and commercializing the world's largest supply of Bisabolol from Amyris' precision fermentation technology.
• October 2023-Isobionics®, a subsidiary of BASF Aroma Ingredients, announced that it is introducing two novel natural products to the taste industry. Isobionics® Natural alpha-Bisabolene 98 and Isobionics® Natural (-)-alpha-Bisabolol 99 are recent additions to the Isobionics portfolio, demonstrating our dedication to creating natural tastes based on consumer demands.