Probiotic Cosmetic Products Market
The Probiotic Cosmetic Products Market was estimated at USD 252 million in 2019 and is predicted to grow at a robust CAGR of 6.5% during the forecast period (2020-2027).
The factors driving the growth of Cosmetic Products Market includes increasing concerns about skin problems such as acne, rosacea flares and psoriasis, growing demand for multi-functional beauty products and rising consciousness about the harmful effects of chemicals and synthetic products. As per the report published by National Center for Biotechnology Information (NCBI), around 81-95% of young men and 79-82% of young women are experiencing acne related skin problem, which is expected to boost the demand for probiotic skin care products in the approaching years. Moreover, the increasing investments and mergers & acquisition by the leading players to expand their footprint in the skincare division and rising sales of probiotic cosmetic products through e-commerce platforms, are some of the additional factors supplementing the Global Probiotic Cosmetic Products Market. According to Similar Web, the Beauty & Personal care segment of Amazon witnessed a magnificent growth around 159% (YoY) in 2020.
The prominent players operating in the market are LaFlore Probiotic Skincare, BioMilk Probiotic Skincare, Esse Skincare, Unilever, Loreal SA, Lauder Inc, TULA Life, Inc., Eminence Organic Skin Care, Aurelia Skincare Ltd and Columbia SkinCare, among others.
Product Type: Segment Analysis
According to Probiotic Cosmetic Products Market Forecast, the hair care segment is anticipated to capture sizeable market share over the forecast period. The growing demand for hair oils, serums and dyes and increasing hair loss problems amongst millennials due to stress and unhealthy eating habits, have propelled the growth of the segment.
Distribution Channel
Based on distribution channel, the online retail segment is predicted to grow at a significant CAGR during the forecast period attributed to rise in the number of smart phone users, rising internet penetration and increase in the online purchases of probiotic cosmetic products.
As per the Global Probiotic Cosmetic Products Market Report, the supermarkets/hypermarkets segment is anticipated to capture the largest share in the market because it provides wide range of probiotic cometic products from different companies.
Regional: Segment Analysis
Based on region, the North American region is estimated to grow at a faster CAGR over the forecast period attributed to, increasing consumers inclination to adopt healthy lifestyles, growing demand for environment friendly products and rising consciousness about the negative effects of synthetic products.
Market Segmentation
Global Probiotic Cosmetic Products Market by Product Type
- Skin Care
- Hair Care
- Other Product Types
Global Probiotic Cosmetic Products Market by Distribution Channel
- Specialty Stores
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Retail
- Other Distribution Channels
Global Probiotic Cosmetic Products Market by Region
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
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Then it analyzed the world?s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc.
In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/102870/global-probiotic-cosmetic-s-2020-2024-369 The global probiotic cosmetic products market size was valued at USD 252.5 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 6.5% during forecast period.Probiotics are live microorganisms promoted with claims that they provide health benefits when consumed, generally by improving or restoring the gut flora.
In the context of China-US trade war and COVID-19 epidemic, it will have a big influence on this market.
Probiotic Cosmetic Products Report by Material, Application, and Geography Global Forecast to 2023 is a professional and comprehensive research report on the worlds major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).The major players profiled in this report include:Esse SkincareEstee Lauder Companies, Inc.Aurelia Skincare Ltd.Tula Life, Inc.Eminence Organic SkincareUnileverLaFlore Probiotic SkincareThe end users/applications and product categories analysis:On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-General TypeOn the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Probiotic Cosmetic Products for each application, including-FoodReasons to Purchase Our Research Report:1.
Analyzing the outlook of the market with the recent trends and SWOT analysis2.
Market dynamics scenario, along with growth opportunities of the market in the years to come3.
The progress in the cosmetic and personal care industry has showcased an impressive growth in the recent years, providing an augmentation to probiotic cosmetic products, thereby leading to an expansion in the probiotic cosmetic products market.
Natural cosmetic and skin micro biome industry is seeing an optimistic growth, and gaining immense traction in the probiotic cosmetic products market.
The developments and awareness about skin micro biome among consumers is increasing over the last few years thus boosting the demand for probiotic cosmetic products.The current progress trends of probiotic cosmetic products market are being observed due to the wide range of probiotic cosmetic products in the market.
For instance, companies such as LaFlore Probiotic Skincare offers cleanser product, Bifidobacterium, ferment, lysates and serum concentrate with Lactobacillus or Lactococcus live bacteria.The report by FactMR opines that consumers across all the geographies of the globe are inclined towards using organic and natural skin micro biome products with plant based ingredients, rather than using cosmetic and beauty products with chemical and unnatural additives.
Also, growing anxieties about the side-effects of chemical compounds and imitation additives or constituents used in cosmetic products are fueling the demand for natural alternatives to a major extent.
This is increasing the demand for customized products or probiotic cosmetics as alternatives for established variants in the market.
