2024 Homecare Ingredients Outlook: Insights for Strategic Decision-Making

Technological advancements in bio-based materials, biodegradable ingredients, and innovative formulations, coupled with a focus on transparency and clean labeling, are fueling growth in this competitive and evolving sector. The industry’s shift towards eco-friendly solutions and natural ingredients is reshaping the market landscape. 

Homecare Ingredients Market Statistics (2024)	Predictions and Insights	Source
1. In 2023, the Asia-Pacific region, led by China and India, accounted for over 40% of the global demand for homecare ingredients.	This highlights the significant market potential in Asia-Pacific, making it a critical focus for companies looking to expand in the homecare industry.	Contact us to view the source.
2. By 2030, 40% of fragrances used in homecare products are expected to be derived from natural sources, as consumers increasingly seek products with clean labels and transparent ingredient sourcing.	This shift underscores the growing importance of natural and sustainable ingredients in the homecare industry as consumers become more conscious of the environmental and health impacts of the products they use.	Contact us to view the source.
3. As of 2023, approximately 25% of homecare ingredients were biodegradable, which is expected to rise to 40% by 2030.	This reflects growing regulatory pressures and consumer demand for eco-friendly products, which are pushing manufacturers to prioritize developing and using ingredients that minimize environmental impact and contribute to a more sustainable future.	Contact us to view the source.
4. By 2025, it is estimated that 30% of surfactants used in homecare products will be bio-based.	This growing adoption of bio-based surfactants indicates a strong consumer preference for environmentally friendly products and highlights the industry’s commitment to reducing its environmental impact by utilizing renewable resources.	Contact us to view the source.

Homecare Ingredients Market – Key Takeaways

The homecare ingredients market is poised for sustained growth as consumer preferences increasingly shift towards sustainability, transparency, and effectiveness. With advancements in bio-based and biodegradable materials, the industry is adapting to meet the demands for eco-friendly products that prioritize health and environmental safety.