What is Probiotic Skin Care Cosmetic Product Market?
One of the latest skincare trends in probiotic skincare. You may have heard of probiotic supplements that are believed to benefit the immune system and the gut microbiome. Now probiotics are used as ingredients for skincare. They are especially popular with people who are struggling with acne in adults and persistent outbreaks. There are trillions of microbes in our bodies. Just like the gut, the skin has its own unique microbes. There are trillions of microbes on our skin, made up of many different types or types of microbes. Where probiotics refer to these microbes, they are bacteria. Probiotics support the "good" bacteria. Skin probiotics can help maintain the balance of good bacteria, so you can take advantage of some of these benefits. The benefits of probiotic skincare are strongly related to the immune system. If there is inflammation in the body, it can show up in many ways - illness, upset stomach, outbreaks, etc. Probiotics come in and shift the immune response to anti-inflammatory conditions. Probiotics can be taken orally or topically to reduce skin inflammation. Because of the positive effects of probiotics on acne, probiotic cleansers and probiotic moisturizers are among the most popular topical cosmetics on the market. However, the nationwide lockdowns have led to closings in retail stores selling cosmetic products. At the same time, people have maintained social distance, which has isolated themselves. This has reduced the demand for cosmetic products as consumers no longer visit cosmetic shops. However, demand is expected to increase by the end of the fourth quarter.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Procter & Gamble Co. (United States), Unilever Group (United Kingdom), Mother Dirt (United States), Amyris, Inc. (United States), La Roche-Posay (France), Aurelia Probiotic Skincare (United Kingdom), Too Faced Cosmetics, LLC (United States), TULA Life, INC (United States), Eminence Organic Skin Care (Canada), Clinique Laboratories, LLC (United States), Esse Skincare (South Africa) and GLOWBIOTICS Inc. (United States) |
CAGR | % |
The market study is being classified by Type (Cream, Serum, Spray and Others), by Application (Individual Use and Commercial Use) and major geographies with country level break-up.
Procter & Gamble Co. (United States), Unilever Group (United Kingdom), Mother Dirt (United States), Amyris, Inc. (United States), La Roche-Posay (France), Aurelia Probiotic Skincare (United Kingdom), Too Faced Cosmetics, LLC (United States), TULA Life, INC (United States), Eminence Organic Skin Care (Canada), Clinique Laboratories, LLC (United States), Esse Skincare (South Africa) and GLOWBIOTICS Inc. (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Burt's Bees, Inc. (United States) and LaFlore Probiotic Skincare (United States).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Probiotic Skin Care Cosmetic Product market throughout the forecasted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Probiotic Skin Care Cosmetic Product market by Type, Application and Region.
On the basis of geography, the market of Probiotic Skin Care Cosmetic Product has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The Growing Consciousness about Grooming Among People of Rural Population
- The Rural Lifestyle and Habits Have Started Mirroring Urban Aspirations and Lifestyle
- The Growing Health Consciousness
- The Increasing Adoption of a Healthy and Balanced Lifestyle
Market Trend
- The Heightened Sense Of Individualism in Purchase and Choice among Millennial
- The Growing Consciousness about Personal Appearance, Skin, Hair, Health, and Wellness
Restraints
- The Availability of Counterfeit Brand Products
Opportunities
- The Demand for Professional Skin and Hair Treatments
- The Increasing Demand for Multifunctional and Multipurpose Beauty Products
- The Rising Demand for Innovative, Natural, and Organic Beauty Products
Challenges
- Lack of Awareness Regarding Probiotic Skin Care Cosmetic Products in Under Developed Regions
The Indian licensing authority for mandatory registration of all cosmetics imported in India is the office of the Central Drugs Standard Control Organization (CDSCO) in the office of the Drug Controller General of India (DCGI). The DCGI’s office administers the Indian Drugs and Cosmetics Act of 1940, which governs the manufacture, sale, import, export, and clinical research of drugs and cosmetics in India.
Key Target Audience
Manufacturers of Probiotic Skin Care Cosmetic Product, Suppliers and Distributors of Probiotic Skin Care Cosmetic Product, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others