The market for probiotic cosmetics is projected to be worth US$ 343.3 million in 2023 and US$ 681.5 million in 2033. Over the course of the projection period, probiotic cosmetics adoption is anticipated to grow at a CAGR of 7.1%.
The probiotic cosmetics market is likely to continue growing as customised skincare solutions gain traction, and this trend is predicted to continue throughout the forecast period. In order to retain customers, probiotic cosmetics are putting a lot of emphasis on eco-friendly ingredients.
Furthermore, the worldwide probiotic cosmetics market is anticipated to grow at a faster rate during the forecast period due to the high WQ (Wellness Quotient).
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“With the end-consumers turning out to be more aware about skin’s microbiome along with the role played by it in maintenance of health of skin, the global probiotic cosmetics market is bound to grow on a stellar note in the forecast period”, says an analyst from Future Market Insights.
Key Takeaways from Probiotic Cosmetics Market
- The Asia-Pacific holds the largest market share with South Korea dominating the market. This could be credited to uniqueness offered by K-Beauty products. These products basically emphasize skincare and also ascertain that products are affordable and cool.
- Europe is expected to grow on the back of France. This could be credited to the fact that France is the fashion capital of the world and the scenario is expected to remain unchanged even in the forecast period.
- North America holds the second-largest market share with the US being subject to an influx of advanced printing technology, multicolor compression technology, and creative beauty technology.
Competitive Probiotic Cosmetics
- LaFlore Probiotic Skincare ‘s portfolio is inclusive of toners, cleansers, moisturizers, and serums harnessing power of the live probiotics for restoring and balancing microbiome of skin. These formulations do help in promotion of healthy complexion and improvement in the overall resilience and appearance of skin.
- Eminence Organic Skin Care does offer an all-inclusive product portfolio of organic and natural skincare solutions. It constitutes moisturizers, cleansers, masks, serums, and skin care products.
- Souffle Beauty – a probiotic skincare brand, was launched in November 2022 into the market of China. The brand is a PETA-certified one.
- Lac2Biome, in September 2021, put forth a white-label skincare blend that contains hyaluronic acid and live probiotics (InfiniteSkin Microbiome Serum) made out of a clinically studied combination of proprietary live probiotic strain m.biomeLiveSkin88 and hyaluronic acids. The entire product is designed by making use of two-phase delivery system.
- New Zealand-based probiotics firm, in August 2021, did make its debut in the cosmetics vertical with skincare brand called ‘Unconditional Skincare Co.’. It makes use of a probiotic strain that occurs naturally in skin. Of late, the firm made an entry into the skincare space with BLIS Q24 being developed. It’s a patented micrococcus luteus strain featuring brand as active ingredient.
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What does the Report state?
- The research study is based on product type (facial care products (creams & lotions, serums, scrubs & masks, and likewise), and hair care products (shampoos, conditioners, and likewise), make-up products, and body care products), consumer orientation (male and female), end-use (individual and professional services), price range (economy (below US$ 30), mid-range (US$ 30 – US$ 60), and premium (above US$ 60), packaging (tubes, bottles, jars, pumps and dispensers, and likewise), and sales channel (supermarkets/hypermarkets, multi-brand store, specialty stores, online retailing, drug & pharmacy stores, and likewise).
- Rising awareness regarding advantages offered by microorganisms like bifidobacterium and lactobacillus in skincare and cosmetic products is expected to grow on a fine note in the forecast period.
Market Segmentation
By Product Type:
- Facial Care products
- Creams & Lotions
- Serums
- Scrubs & Masks
- Others
- Hair Care products
- Shampoos
- Conditioners
- Others
- Make-up products
- Body Care products
By Consumer Orientation:
- Male
- Female
By End-Use:
- Individual
- Professional Services
By Price Range:
- Economy (Below US$30)
- Mid-Range (US$30 to US$60)
- Premium (Above US$60)
By Packaging:
- Tubes
- Bottles
- Jars
- Pumps and Dispensers
- Others
By Sales Channel:
- Hypermarkets/ Supermarkets
- Multi brand store
- Specialty stores
- Online retailing
- Drug & Pharmacy stores
- Others
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- The Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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