Probiotic Cosmetic Products Market Growth & Trends
The global probiotic cosmetic products market size is anticipated to reach USD 418.1 million by 2027, expanding at a CAGR of 6.5% from 2020 to 2027. Growing awareness regarding the importance of maintaining a daily skincare routine is among the key factors driving the market. Rising awareness about microbiome-based cosmetics to cure skin-related issues, such as acne, scars, skin cancer, and bad bacteria, is also projected to boost market growth. Product launches in probiotic cosmetic products by key players, and guidance by industry experts bode well with the market demand.
According to Google reports 2019, approximately 1.9 billion people suffered from skin-related issues that year due to lack of proper skincare and dermatologist’s guidance. The demand for probiotic cosmetic products is increasing among millennials to avoid the signs of aging. Companies have been launching new products to gain a higher market share. For instance, in March 2019, Laboratoire Synbionyme- a probiotic skincare brand debuted its product offering in the U.S. for the first time. The brand offers a formulation consisting of prebiotic and probiotic extracts providing good dermal health.
The product range consists of Universal Serum, Radiance Moisturizing Gel-Cream, 24-Hour Moisturizing Cream, Enzymatic Clarifying Lotion, and Progena Lift Cream. However, due to the Covid19 pandemic, the market witnessed sluggish growth. Probiotic skincare brands have been focusing on supply-side and engagement on e-commerce platforms. Customer discount programs, such as special at-home skincare kits and membership plans, have been prominent factors to build user engagement on the company websites and other e-commerce platforms amid the pandemic. Hypermarket & supermarket distribution channels dominated the market in 2019.
Retailers, such as Ulta, Sephora, Walmart, Target, and Beauty Corner, are contributing to the segment growth by offering probiotic cosmetic products. For instance, in August 2019, Mother Dirt launched its product portfolio in collaboration with a luxury retailer, Harvey Nichols, in the U.K. and Ireland. E-commerce distribution channel is expected to witness the fastest growth over the forecast period. The rising popularity of e-commerce and third-party e-retailers, such as Amazon, Nykaa, and Sephora, among the manufacturers is driving the product sale through these channels. Increasing online shelf space in probiotic skincare, makeup category, and corresponding offers bode well with segment growth.
North America was the dominant regional market in 2019 and will expand further at a steady CAGR from 2020 to 2027. Rising awareness about the benefits of microbiome-based cosmetics is the key driving factor for the region’s growth. Moreover, key companies in the region are focusing on R&D and new product launches to fulfill the changing consumer demands. For instance, in September 2019, Dr. Raymond Labs, a K-beauty company providing clinically-approved skincare routines, launched Curecode, which includes Neuromide–synthesized bio-identical compound, found naturally in the human body, produced by the microbiome.
Probiotic Cosmetic Products Market Report Highlights
The global probiotic cosmetic products market size is anticipated to reach USD 418.1 million by 2027, expanding at a CAGR of 6.5% from 2020 to 2027. Growing awareness regarding the importance of maintaining a daily skincare routine is among the key factors driving the market. Rising awareness about microbiome-based cosmetics to cure skin-related issues, such as acne, scars, skin cancer, and bad bacteria, is also projected to boost market growth. Product launches in probiotic cosmetic products by key players, and guidance by industry experts bode well with the market demand.
According to Google reports 2019, approximately 1.9 billion people suffered from skin-related issues that year due to lack of proper skincare and dermatologist’s guidance. The demand for probiotic cosmetic products is increasing among millennials to avoid the signs of aging. Companies have been launching new products to gain a higher market share. For instance, in March 2019, Laboratoire Synbionyme- a probiotic skincare brand debuted its product offering in the U.S. for the first time. The brand offers a formulation consisting of prebiotic and probiotic extracts providing good dermal health.
The product range consists of Universal Serum, Radiance Moisturizing Gel-Cream, 24-Hour Moisturizing Cream, Enzymatic Clarifying Lotion, and Progena Lift Cream. However, due to the Covid19 pandemic, the market witnessed sluggish growth. Probiotic skincare brands have been focusing on supply-side and engagement on e-commerce platforms. Customer discount programs, such as special at-home skincare kits and membership plans, have been prominent factors to build user engagement on the company websites and other e-commerce platforms amid the pandemic. Hypermarket & supermarket distribution channels dominated the market in 2019.
Retailers, such as Ulta, Sephora, Walmart, Target, and Beauty Corner, are contributing to the segment growth by offering probiotic cosmetic products. For instance, in August 2019, Mother Dirt launched its product portfolio in collaboration with a luxury retailer, Harvey Nichols, in the U.K. and Ireland. E-commerce distribution channel is expected to witness the fastest growth over the forecast period. The rising popularity of e-commerce and third-party e-retailers, such as Amazon, Nykaa, and Sephora, among the manufacturers is driving the product sale through these channels. Increasing online shelf space in probiotic skincare, makeup category, and corresponding offers bode well with segment growth.
North America was the dominant regional market in 2019 and will expand further at a steady CAGR from 2020 to 2027. Rising awareness about the benefits of microbiome-based cosmetics is the key driving factor for the region’s growth. Moreover, key companies in the region are focusing on R&D and new product launches to fulfill the changing consumer demands. For instance, in September 2019, Dr. Raymond Labs, a K-beauty company providing clinically-approved skincare routines, launched Curecode, which includes Neuromide–synthesized bio-identical compound, found naturally in the human body, produced by the microbiome.
Probiotic Cosmetic Products Market Report Highlights
- The global market is expected to progress at a compounded annual growth rate (CAGR) of 6.5% from 2020 to 2027.
- The skin care segment is expected to account for the highest revenue share by 2027. However, hair care is estimated to be the fastest-growing segment from 2020 to 2027.
- E-commerce is projected to emerge as the fastest-growing distribution channel segment from 2020 to 2027. Easy availability of probiotic cosmetic products, free delivery, and seasonal discounts on e-retailer platforms are the major factors driving the segment growth.
- Asia Pacific is expected to be the fastest-growing regional market from 2020 to 2027. Growing awareness regarding skin and personal care routine and changing lifestyle are the key factors boosting the market.
Table of Contents
Chapter 1. Methodology and Scope1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Probiotic Cosmetic Products Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis – Porter’s
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Probiotic cosmetic Market
3.7. Market Entry Strategies
3.8. Impact of COVID - 19 Pandemic on Probiotic cosmetic Market
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations
Chapter 5. Probiotic Cosmetic Products Market: Product Estimates & Trend Analysis
5.1. Product Analysis & Market Share, 2019 & 2027
5.2. Skin care
5.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
5.3. Hair Care
5.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
Chapter 6. Probiotic Cosmetic Products Market: Distribution Channel Estimates & Trend Analysis
6.1. Distribution Channel Analysis & Market Share, 2019 & 2027
6.2. Hypermarket & Supermarket
6.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.3. Pharmacy & Drug Store
6.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.4. E-commerce
6.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.5. Others
6.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
Chapter 7. Probiotic Cosmetic Products Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2019 & 2027
7.2. North America
7.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.2.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
7.2.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.2.4. The U.S.
7.2.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.2.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
7.2.4.3. Market estimates and forecast, by distribution Channel, 2016 - 2027 (USD Million)
7.3. Europe
7.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.3.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
7.3.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.3.4. Germany
7.3.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.3.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
7.3.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.3.5. The U.K.
7.3.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.3.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
7.3.5.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.3.6. France
7.3.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.3.6.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
7.3.6.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.4. Asia Pacific
7.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
7.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.4.4. China
7.4.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.4.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
7.4.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.4.5. India
7.4.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.4.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
7.4.5.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.5. Central & South America
7.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
7.5.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.5.4. Brazil
7.5.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.5.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
7.5.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.6. Middle East & Africa (MEA)
7.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.6.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
7.6.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
Chapter 8. Competitive Analysis
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.3.1. Key company market share analysis, 2019
Chapter 9. Company Profiles
9.1. Esse Skincare
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Estee Lauder Companies, Inc.
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Strategic Initiatives
9.3. Aurelia Skincare Ltd.
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Strategic Initiatives
9.4. L’oreal S.A.
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Strategic Initiatives
9.5. Tula Life, Inc.
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Strategic Initiatives
9.6. Eminence Organic Skincare
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Strategic Initiatives
9.7. Unilever
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Strategic Initiatives
9.8. LaFlore Probiotic Skincare
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Strategic Initiatives
9.9. Glowbiotics, Inc.
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Strategic Initiatives
9.10. The Clorox Co.
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Strategic InitiativesList of Tables
1. Probiotic cosmetic products-Key market driver analysis
2. Probiotic cosmetic products-Key market restraint analysis
3. Probiotic cosmetic products skin care market estimates and forecast, 2016-2027 (USD Million)
4. Probiotic cosmetic products hair care market estimates and forecast, 2016-2027 (USD Million)
5. Probiotic cosmetic products market estimates and forecast through hypermarket & supermarket, 2016-2027 (USD Million)
6. Probiotic cosmetic products market estimates and forecast through pharmacy & drug store, 2016-2027 (USD Million)
7. Probiotic cosmetic products market estimates and forecast through e-commerce, 2016-2027 (USD Million)
8. Probiotic cosmetic products market estimates and forecast through others, 2016-2027 (USD Million)
9. North America probiotic cosmetic products market estimates and forecast, 2016-2027 (USD Million)
10. North America probiotic cosmetic products market revenue estimates and forecast by product, 2016-2027 (USD Million)
11. North America probiotic cosmetic products market revenue estimates and forecast by distribution channel, 2016-2027 (USD Million)
12. The U.S. probiotic cosmetic products market estimates and forecast, 2016-2027 (USD Million)
13. The U.S. probiotic cosmetic products market revenue estimates and forecast by product, 2016-2027 (USD Million)
14. The U.S. probiotic cosmetic products market revenue estimates and forecast by distribution channel, 2016-2027 (USD Million)
15. Europe probiotic cosmetic products market estimates and forecast, 2016-2027 (USD Million)
16. Europe probiotic cosmetic products market revenue estimates and forecast by product, 2016-2027 (USD Million
17. Europe probiotic cosmetic products market revenue estimates and forecast by distribution channel, 2016-2027 (USD Million)
18. Germany probiotic cosmetic products market estimates and forecast, 2016-2027 (USD Million)
19. Germany probiotic cosmetic products market revenue estimates and forecast by product, 2016-2027 (USD Million)
20. Germany probiotic cosmetic products market revenue estimates and forecast by distribution channel, 2016-2027 (USD Million)
21. The U.K. probiotic cosmetic products market estimates and forecast, 2016-2027 (USD Million)
22. The U.K. probiotic cosmetic products market revenue estimates and forecast by product, 2016-2027 (USD Million)
23. The U.K. probiotic cosmetic products market revenue estimates and forecast by distribution channel, 2016-2027 (USD Million)
24. France probiotic cosmetic products market estimates and forecast, 2016-2027 (USD Million)
25. France probiotic cosmetic products market revenue estimates and forecast by product, 2016-2027 (USD Million)
26. France probiotic cosmetic products market revenue estimates and forecast by distribution channel, 2016-2027 (USD Million)
27. Asia Pacific probiotic cosmetic products market estimates and forecast, 2016-2027 (USD Million)
28. Asia Pacific probiotic cosmetic products market revenue estimates and forecast by product, 2016-2027 (USD Million
29. Asia Pacific probiotic cosmetic products market revenue estimates and forecast by distribution channel, 2016-2027 (USD Million)
30. China probiotic cosmetic products market estimates and forecast, 2016-2027 (USD Million)
31. China probiotic cosmetic products market revenue estimates and forecast by product, 2016-2027 (USD Million)
32. China probiotic cosmetic products market revenue estimates and forecast by distribution channel, 2016-2027 (USD Million)
33. India probiotic cosmetic products market estimates and forecast, 2016-2027 (USD Million)
34. India probiotic cosmetic products market revenue estimates and forecast by product, 2016-2027 (USD Million
35. India probiotic cosmetic products market revenue estimates and forecast by distribution channel, 2016-2027 (USD Million)
36. Central & South America probiotic cosmetic products market estimates and forecast, 2016-2027 (USD Million)
37. Central & South America probiotic cosmetic products market revenue estimates and forecast by product, 2016-2027 (USD Million)
38. Central & South America probiotic cosmetic products market revenue estimates and forecast by distribution channel, 2016-2027 (USD Million)
39. Brazil probiotic cosmetic products market estimates and forecast, 2016-2027 (USD Million)
40. Brazil probiotic cosmetic products market revenue estimates and forecast by product, 2016-2027 (USD Million
41. Brazil probiotic cosmetic products market revenue estimates and forecast by distribution channel, 2016-2027 (USD Million)
42. Middle East & Africa probiotic cosmetic products market estimates and forecast, 2016-2027 (USD Million)
43. Middle East & Africa probiotic cosmetic products market revenue estimates and forecast by product, 2016-2027 (USD Million)
44. Middle East & Africa probiotic cosmetic products market revenue estimates and forecast by distribution channel, 2016-2027 (USD Million)
List of Figures
1. Probiotic cosmetic products market snapshot
2. Probiotic cosmetic products market segmentation & scope
3. Probiotic cosmetic products market penetration & growth prospect mapping
4. Probiotic cosmetic products value chain analysis
5. Probiotic cosmetic products market dynamics
6. Probiotic cosmetic products market Porter's analysis
7. Probiotic cosmetic products market: Product movement analysis
8. Probiotic cosmetic products market: Distribution channel movement analysis
9. Probiotic cosmetic products market: Regional movement analysis
Companies Mentioned
- 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.
Methodology
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