The Probiotic Cosmetic Products Market Size is valued at 309.76 Million in 2022 and is predicted to reach 619.17 Million by the year 2031 at an 8.31% CAGR during the forecast period for 2023-2031.
Probiotics have a strong demand in cosmetics, which is driving market expansion due to their expanding acceptability as a nutritional supplement. Consumer awareness of the benefits of microbes in cosmetics and skincare products, such as Lactobacillus and Bifidobacterium, is driving the demand for probiotic cosmetics. The probiotic cosmetics market is growing due to processing components such as Lactobacillus, Bifidobacterium, and other ferments in cosmetic and skincare products. Companies are investing in research and development to improve the quality of their products. Mergers and acquisitions are other common growth strategies that help significant players enhance their positions. The organic skincare industry's growth will also boost probiotic cosmetics sales.
Furthermore, due to a growing consciousness of physical appearance and skincare routine, customers are willing to spend a premium on product ingredients that are shown to function for skin nourishment. Microbiome cosmetics and sustainable skincare are in high demand. Furthermore, rising R&D efforts, government initiatives to employ sustainable components in manufacturing, and investments by major players are likely to provide lucrative revenue growth possibilities for participants in the global probiotic cosmetic products market. However, managing logistics for probiotic skin care cosmetics needs a high level of knowledge in a variety of areas, including managing large quantities of items and delivering them at a competitive price. As a result, the market for probiotic skin care cosmetics is constrained.
Market Segmentation:
The probiotic cosmetic products market is segmented based on product and end-users. By product, the market is categorized as skincare and hair care. By end-users, the market is segmented into hypermarkets & supermarkets, Pharmacy & drugs store, E-commerce, and others.
Based On Product, The Skin Care Segment Is Accounted As A Significant Contributor To The Probiotic Cosmetic Products Market.
The skin care category is expected to hold a significant share in the global probiotic cosmetic products market in 2021. The essential factor driving the segment growth is the usage of probiotics as a relief ingredient for skin disorders like acne, pimples, wrinkles, and others. Growing consumer knowledge of the efficacy of clinically tested goods and probiotic cosmetics contributes to the segment's growth. Furthermore, increased demand for products with few to no adverse effects is expected to drive product demand in the market over the upcoming years. Probiotics have been making their way into main counter shelves as manufacturers extend their product selection.
The E-Commerce Segment Witnessed Growth At A Rapid Rate.
The e-commerce segment is projected to grow at a rapid rate in the global probiotic cosmetic products market. The growing popularity of e-commerce channels is expected to boost the market's growth potential. Factors like a larger distribution network, increased internet penetration, the availability of a wide selection of items, and inexpensive operational costs have enticed both existing and new businesses to use this channel of distribution. Amazon.com, Sephora.com, Nika, and skinstore.com are just a few of the prominent online retailers of probiotic cosmetics worldwide, especially in countries such as the US, Germany, UK, China, and India.
In The Region, The North America Probiotic Cosmetic Products Market Holds A Significant Revenue Share.
The North America probiotic cosmetic products market is expected to register the highest market share in terms of revenue soon. This can be attributed to the intense focus on the environment in the region, with the increasing adoption of probiotic cosmetic products in different industries, including food & beverages, personal care, packaging, automotive, and others. In addition, the region's chemical industry is focusing on producing probiotic cosmetic products to develop sustainable and environmentally friendly solutions. Growing demand for bio-based components across industries and widespread adoption of probiotic cosmetic products in the production of intermediate chemicals in the region are factors proliferating the growth of the target market in the region. In addition, Asia Pacific is projected to augment in the global probiotic cosmetic products market due to growing environmental concerns, rapid industrialization, government initiatives, and increasing funding in various industries.
Competitive Landscape
Some Major Key Players In The Probiotic Cosmetic Products Market:
- Esse Skincare,
- Estee Lauder Companies, Inc.,
- Aurelia Skincare Ltd.,
- L’oreal S.A.,
- Tula Life, Inc.,
- Eminence Organic Skincare,
- Unilever,
- LaFlore Probiotic Skincare,
- Glowbiotics, Inc,
- The Clorox Co
- Other Prominent Players.
Probiotic Cosmetic Products Market Report Scope
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Report Attribute |
Specifications |
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Market Size Value In 2022 |
USD 309.76 Billion |
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Revenue Forecast In 2031 |
USD 619.17 Billion |
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Growth Rate CAGR |
CAGR of 8.31 % from 2023 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Billion and CAGR from 2023 to 2031 |
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Historic Year |
2019 to 2022 |
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Forecast Year |
2023-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Bottle Types, By Material Types, By Capacity |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
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Competitive Landscape |
Esse Skincare, Estee Lauder Companies, Inc., Aurelia Skincare Ltd., L’oreal S.A., Tula Life, Inc., Eminence Organic Skincare, Unilever, LaFlore Probiotic Skincare, Glowbiotics, Inc, The Clorox Co and Other Prominent Players. |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
