The growth of the global probiotic skin care cosmetics market
is driven by rise in consumer awareness of skin health, increase in
demand for natural and organic products, advancements in skincare
research and the growing trend of personalized beauty solutions. In
addition, the rise in prevalence of skin conditions and a
preference for preventive skin care are significant factors that
have contributed to the market growth.
WILMINGTON, Del., Aug. 27, 2024 /PRNewswire/ -- Allied Market
Research published a report, titled, "Probiotic Skin
Care Cosmetic Product Market by Product Type (Cleaner,
Moisturizer, Serum, Masks and Other), Ingredient Type
(Lactobacillus, Bifidobacterium, Streptococcus, Fermented Extracts
and Others), End User (Men, Women and Unisex), Distribution Channel
(Supermarkets/Hypermarkets, Specialty Stores, Department Stores,
Online Sales Channel and Others): Global Opportunity Analysis and
Industry Forecast, 2024-2034". According to the report, the
probiotic skin care cosmetic product market was valued at
$320.3 million in 2023, and is
estimated to reach $981.3 million by
2034, growing at a CAGR of 11.0% from 2024 to 2034.
Download Sample Pages of Research Overview:
https://www.alliedmarketresearch.com/request-sample/A06317
Prime determinants of growth
Increase in consumer awareness about the benefits of probiotics
for skin health has fueled demand, as probiotics are known to
balance the skin microbiome, reduce inflammation, and enhance skin
barrier function. Growing interest in natural and organic skincare
products further boosts the market growth, as consumers seek
gentle, effective alternatives to traditional chemical-based
products. The rise of the wellness and self-care movement
encourages people to invest in products promoting holistic health,
including skincare. In addition, advancements in probiotic
technology and research have led to innovative formulations,
attracting more consumers to try these products. The influence of
social media and beauty influencers has also played a significant
role in raising awareness and driving trends, particularly among
younger consumers. Furthermore, the expansion of e-commerce
platforms has made it easier for consumers to access a wider range
of probiotic skincare products, facilitating market growth.
Report coverage & details:
Report
Coverage
|
Details
|
Forecast
Period
|
2024–2034
|
Base Year
|
2023
|
Market Size in
2023
|
$320.3
million
|
Market Size in
2034
|
$981.3
million
|
CAGR
|
11.0 %
|
No. of Pages in
Report
|
306
|
Segments
Covered
|
Product Type,
Ingredient Type, End User, Distribution Channel, and Region.
|
Drivers
|
- Increase in consumer awareness about
skin microbiome health
- Growth in demand for natural and
organic skincare products
- Rise in prevalence of skin
disorders
- Advancements in probiotic formulation
technologies
|
Opportunities
|
- Development of innovative
probiotic-based formulations
- Expansion into emerging markets
|
Restraints
|
- High costs associated with probiotic
product development
- Limited shelf life of live probiotic
ingredients
- Competition from traditional skincare
products
|
Procure Complete Report (306 Pages PDF with Insights, Charts,
Tables, and Figures): https://tinyurl.com/yk73ub37
The moisturizer segment led the market in 2023.
By product type, the moisturizer segment held the highest market
share in 2023 owing to its essential role in daily skincare
routines. Moisturizers infused with probiotics offer benefits such
as improved hydration, enhanced skin barrier function, and reduced
inflammation, appealing to a broad consumer base. The versatility
of moisturizers makes them suitable for various skin types and
concerns, driving widespread usage. Additionally, the growing
consumer preference for natural and effective skincare solutions
has boosted demand for probiotic moisturizers. The ease of
incorporating moisturizers into existing routines further
contributes to their dominant market position.
The Lactobacillus segment held the highest market share in
2023.
By ingredient type, the Lactobacillus segment held the highest
market share in 2023 owing to its well-documented efficacy in
improving skin health. Lactobacillus helps balance the skin's
microbiome, enhances hydration, and reduces inflammation, making it
highly effective for various skin concerns. The gentle nature of
Lactobacillus has made it suitable for sensitive skin, increasing
its popularity. Moreover, extensive research supports its benefits
and has boosted consumer trust & preference. The widespread use
of Lactobacillus in formulations is driven by its proven ability to
promote a healthy skin barrier, leading to its dominance in the
probiotic skincare product market.
The women segment held the highest market share in
2023.
By end user, the women industry segment held the highest market
share in 2023 due to their greater focus on skincare routines and
beauty products compared to men. Women are more likely to invest in
a variety of skincare products to address different concerns such
as aging, acne, and overall skin health. Increased awareness about
the benefits of probiotics for maintaining skin balance and
improving appearance has further driven the demand. Additionally,
targeted marketing campaigns and product innovations by skincare
brands often cater primarily to women's preferences, enhancing
their market dominance in the probiotic skincare product
market.
The supermarkets and hypermarkets segment dominated the
market in 2023.
By distribution channel, the supermarkets and hypermarkets
segment held the highest market share in 2023. These retail formats
offer a broad range of skincare products, including probiotics, in
a single location, attracting a diverse customer base. The high
foot traffic and wide visibility of products in these stores
increase consumer exposure and impulse purchases. In addition,
supermarkets and hypermarkets often provide competitive pricing and
promotional offers, making these products more accessible and
appealing to budget-conscious shoppers. The ability to shop for
multiple items in one place enhances the overall shopping
experience, contributing to higher sales.
North America led the market
share in 2023.
By region, North America held
the highest market share in terms of revenue in 2023. Growing
consumer awareness of skin health benefits associated with
probiotics, such as improved hydration and reduced inflammation,
drives interest. A strong emphasis on natural and organic
ingredients aligns with the increasing preference for clean beauty
products. The rise in personalized skincare solutions also
contributes, as consumers seek products tailored to their specific
needs. Additionally, high disposable incomes and a robust market
presence of leading skincare brands facilitate access to innovative
probiotic products. Furthermore, social media and influencer
endorsements further boost visibility and popularity. Collectively,
these factors create a strong demand for probiotic skincare
products across North America.
Want to Access the Statistical Data and Graphs, Key Players'
Strategies:
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Players: -
- Aurelia Probiotic Skincare
- TULA Skincare
- LaFlore Probiotic Skincare
- AOBiome LLC
- Esse Skincare
- Gallinée
- Glowbiotics
- The Beauty Chef
- Bebe & Bella
- Eminence Organic Skin Care
The report provides a detailed analysis of these key players in
the global probiotic skin care cosmetics market. These players have
adopted different strategies such as new product launches,
collaborations, expansion, joint ventures, agreements, and others
to increase their market share and maintain dominant shares in
different regions. The report is valuable in highlighting business
performance, operating segments, product portfolio, and strategic
moves of market players to highlight the competitive
scenario.
Recent Industry Dev
- In July 2024, TULA Life, Inc.
introduced a new line of probiotic-infused serums and moisturizers,
designed to cater to specific skin concerns such as redness and
uneven texture. The launch is part of TULA's ongoing efforts to
innovate within the probiotic skincare segment.
- In February 2024, Eminence
Organic Skin Care announced an expansion of its probiotic product
line, incorporating new formulations targeting skin hydration and
anti-aging to meet the growing demand for natural and organic
skincare solutions.
- In November 2022, Soufflé Beauty,
a new probiotic skincare brand from Singapore that is PETA-certified cruelty-free
and GMP-certified, launched in the Chinese market to increase its
foothold in China.
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