Vegetable Oils in Beauty and Personal Care Market Report 2026

The vegetable oils in beauty and personal care market size has grown strongly in recent years. It will grow from $5.53 billion in 2025 to $6.02 billion in 2026 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to rising consumer preference for natural cosmetics, expansion of personal care product manufacturing, growing awareness of skin health benefits, availability of diverse vegetable oil sources, increasing use of oils in cosmetic formulations.

The vegetable oils in beauty and personal care market size is expected to see strong growth in the next few years. It will grow to $8.37 billion in 2030 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to growing demand for clean-label beauty products, rising adoption of organic personal care products, expansion of sustainable sourcing practices, increasing innovation in oil-based formulations, growing premiumization of beauty products. Major trends in the forecast period include growing demand for natural and plant-based ingredients, rising adoption of organic and cold-pressed oils, increased use in premium skin and hair care products, expansion of multi-functional cosmetic formulations, enhanced focus on traceability and ingredient transparency.

The growing demand for cosmetics is expected to drive the growth of vegetable oils in the beauty and personal care market. Cosmetics are medical and personal care products designed to enhance body appearance and skin condition. Vegetable oils play a key role in cosmetics as natural, versatile ingredients that improve the health and appearance of skin and hair. For instance, in August 2023, The Observatory of Economic Complexity reported that US beauty product exports increased by 10.4%, rising from $538 million in 2022 to $594 million in 2023. Therefore, the rising demand for cosmetics is fueling the growth of vegetable oils in the beauty and personal care market.

Major companies in the vegetable oils market for beauty and personal care are focusing on innovative solutions, such as personal care delivery systems, to gain a competitive edge. Personal care delivery systems are designed to deliver products to the skin, hair, or oral cavity in a controlled and effective manner. For example, in October 2023, Ashland Inc., a US-based specialty materials provider, launched the Gantrez Soja delivery system. This biodegradable system, derived from soybean oil, helps retain oral care actives on the oral mucosa and enamel for extended periods, enabling advanced oral hygiene solutions with antibacterial properties and sustained freshness.

In March 2025, Kao Corporation, a Japan-based consumer goods and chemicals company, partnered with Future Origins, Inc., to develop sustainable plant oil-derived cosmetic ingredients. Through this collaboration, Kao plans to integrate Future Origins’ NALO palm-oil alternative, providing a renewable and environmentally friendly supply of high-quality raw materials to support sustainability goals and enhance formulation capabilities. Future Origins, Inc., is a US-based biotechnology company specializing in plant-derived oleochemical solutions for personal care and home-care applications.

Major companies operating in the vegetable oils in beauty and personal care market are BASF SE,Croda International Plc,Evonik Industries AG,Clariant AG,Solvay SA,DSM-Firmenich,Cargill Incorporated,Archer Daniels Midland Company,Wilmar International Limited,AAK AB,Olam Group,IOI Corporation,Oleon NV,KLK OLEO,Emery Oleochemicals,Givaudan,Symrise AG,Ashland Global Holdings,Inolex Inc.,Vantage Specialty Chemicals.

North America was the largest region in the vegetable oils in beauty and personal care market in 2025 The regions covered in the vegetable oils in beauty and personal care market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the vegetable oils in beauty and personal care market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The vegetable oils in beauty and personal care market consist of sales of vegetable oils including argan oils used for skin and personal care. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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