Microbiome Cosmetic Products Market Research Analysis, Opportunities, Future Demand And Forecast by 2030

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The microbiome cosmetic products market is projected to register a CAGR of 8.2% and reach a value of USD 64.7 million by 2030.

Market Scope

Market Research Future (MRFR) anticipates that the microbiome cosmetic products market will record a CAGR of 8.2% between 2022 and 2030. The market value by 2030 will be USD 64.7 million, says MRFR.

Top Growth Boosters and Challenges

Healthy aging is now one of the most popular concepts worldwide, as it lets people, irrespective of age, lead a safe, healthy, and socially inclusive lifestyle. Microbiome cosmetic products are enjoying considerable demand as these assist in healthy aging, facilitating beauty as well as wellness, augmenting body functions, as well as skin health.

The Age UK says that by 2030, more than 67% of people in the country will be aged above the age of 50. In the country, 21% of men and 16% of women are between the ages of 68 and 79, with their key focus on physical activities and exercises. In the United States, the population of people above the age of 65 years will be around 93 million by 2056. The mushrooming elderly populace with significant focus on healthy aging should be highly favorable for the microbiome cosmetic products industry over the evaluation period.

The notable increase in consumers’ disposable incomes and the resultant surge in their purchasing prowess can be a remarkable opportunity for the active players in the market. The Asia Pacific could be one of the leading engines of global growth, presenting incredible opportunities to the international microbiome cosmetic product developers. Healthy economic growth in emerging countries combined with the rising preference for premium luxury products should also enhance the microbiome cosmetic products market size.

Segmental Analysis 

With respect to microbial component, the microbiome cosmetic products market caters to lactococcus, lactobacillus, acetobacter, streptococcus, bifidobacterium, bacillus, saccharomyces, aspergillus, micrococcus, leuconostoc, zygosaccharomyces, pediococcus, and more. The lactobacillus segment, with the biggest share of 41.69% recorded in 2021, is in the lead and will be procuring a decent CAGR of 6.64% over the forecast period. But the pediococcus segment should garner the highest growth rate of 6.99% between 2022 and 2030.

Major ingredients studied in the MRFR report include prebiotic, postbiotic, and probiotic. The postbiotic types are extract (extract filtrate as well as filtrate), ferment (ferment filtrate, ferment lysate, ferment extract, ferment extract filtrate, and ferment lysate filtrate), lysate (lysate filtrate, lysate extract and spores), and more.

Different format covered in the report based on the microbiome cosmetic products industry include serum, pads/wipes, cream/lotion, spot treatment, cleanser/face wash, gels, masks, scrubs, face oil, supplements, sunscreen, skin tonic/toner, mist/spray, and others.  

Claim-wise, the microbiome cosmetic products market can be considered for hydration, environmental damage, acne, cellular aging, eczema, atopic dermatitis, psoriasis, rosacea, smooth/brighten, wound healing, and others.  

The consumer groups generating demand for microbiome cosmetic products include women as well as men. The women segment touched the biggest share of 76.43% in 2021 and will be achieving a growth rate of 6.53% in the coming years. But the men segment can grow at a higher rate of 6.83% over the following years.

The age-based segments are children (5-12), babies (0-4), millennials (25-40), gen z (13 – 24), baby boomers (57-75), post-war cohort (+75), and gen x (41-56). The gen x segment procures the lead, with the highest share of 34.60% in 2021 and could anticipate growth rate of 6.68% in the years ahead.

Major distribution channels selling microbiome cosmetic products include online channels, specialty stores, drug stores pharmacies, department stores, supermarkets hypermarkets, and more. The online channels have been the biggest hit since the COVID-19 outbreak and have emerged as the top segment with the highest share of 37.10% in 2021. The segment will also be garnering the highest expansion rate of 6.90% between 2022 and 2030.

Regional Outlook

Europe became the market leader with a huge share of 38.51% in 2021 in the worldwide market. North America, on the other hand, seized the second highest share in 2021 and will thrive at a rate of 6.69% during the assessment period. The Asia- Pacific market can project the fastest growth at a rate of 7.01% between 2022 and 2030.

APAC has extremely densely populated countries, with large consumer groups that are increasingly spending on premium beauty products. The region has multiple renowned brands offering diversified product offerings, with their main focus on expanding their presence and elevating brand recognition. This should indirectly favor the regional microbiome cosmetic products market research. South Korea, India, and China are some of the top markets in the region, given the consumers’ substantial per capita spending on a variety of personal care products.

Affluent Companies 

Prominent microbiome cosmetic product manufacturers in the worldwide market are HeIQ (Switzerland), Neogenlab (US), Clariant (Switzerland), Lallemand Inc.(Canada), DSM (Netherland), Silab (France), Symrise (Germany), Puripharm. (China), Amorepacific Group (South Korea), Sabsinsa Corporation (US), TULA Life Inc. (US), Estée Lauder Companies Inc. (US), Rolemi HPC (Italy), Yun Perobiotherapy (Belgium), Aurelia Skincare Ltd (UK), LaFlore Probiotic Skincare (US), BASF SE (Germany), ESSE SKINCARE (South Africa), L'oreal S.A.(France), Gallinée Microbiome Skincare (UK), and more.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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