The cosmetics and personal care industry has in the past responded to environmental and health concerns associated with its ingredients, evidenced by the fact that many companies have moved to eliminate dangerous solvents, volatile organic compounds, heavy metals, and other toxins from their formulations. The beauty industry is moving ever faster towards a clean and sustainable future. Modern technologies play a big role in this process. Today, biotech-derived cosmetic raw materials are gaining popularity not only because of their effectiveness and safety but also by protecting the environment. Biotech ingredients are widely used in several cosmetic product formulations. Key players in the market are using these ingredients as they are more sustainable and efficacious as compared to petroleum-based products. Besides, the use of biotechnology in developing active ingredients for use in cosmetic products is cost-effective and generates a low carbon footprint, thereby making it more favorable. This is expected to boost the growth of the active ingredients segment over the forecast period. Sustainability can be beautiful and beauty can be sustainable.