The global probiotic cosmetic products market size is expected to reach USD 372.2 million by 2028 according to a new study by Polaris Market Research. The report “Probiotic Cosmetic Products Market Share, Size, Trends, Industry Analysis Report, By Product (Skin Care, Hair Care), By Distribution Channel (Hypermarket & Supermarket, Pharmacy & Drug Store, E-commerce, Others), By Region; Segment Forecast, 2021 - 2028” gives a detailed insight into current industry dynamics and provides analysis on future market growth.
The global industry is driven by prime factors such as increasing demand for organic and dietary supplements in the cosmetic sector coupled with portfolio extension of skincare products. In addition, rising awareness for personal care among individuals as well as end-users is ready to pay the best price for a product that assists in their skin nourishment.
Moreover, growing cases of hair loss due to the usage of chemically driven cosmetics and surging focus towards healthy skin stimulates the adoption of organic cosmetics. Also, probiotics help in preserving natural skin beauty and enhancing radiant skin brightness and preventing skin-related issues. Therefore, the numerous benefits offered by organic cosmetic products may accelerate the industry demand of products across the globe.
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The penetration of microbiome ingredients primarily attributes to the industry growth around the world. In the growing concern for preventing skin-related issues, microbiota plays a major role in the industry. Moreover, sensitive bio-network of skin experiences various hostilities that damage its natural balance and lead to inflammation and dryness on the skin. Thus, the adoption of microbiomes constituents has been positively influencing the industry over the forecasting years.
Major participants such as Andalou Naturals, Aurelia Skincare Ltd., BIOMILK Probiotic Skincare, Columbia SkinCare, Eminence Organic Skincare, Esse Skincare, Estee Lauder Companies, Inc., Gallinée Ltd, Glowbiotics, Inc., Johnson & Johnson, L’oreal S.A., LaFlore Probiotic Skincare, Marie, Veronique., The Procter & Gamble Co., Tula Life, Inc., Unileverare some of the key players operating in the global industry.
To stay competitive in the industry, concerned players are introducing innovative products. For instance, in March 2021, Blis Technologies Limited unveils its third commercial probiotic strain, BLIS Q24. It is a significant active ingredient in the company’s new product line of organic pioneers, skincare. The product is introduced within a new brand-named Unconditional Skincare Co., and BLIS Q24 powered a launch of organic hydration serum. The product is clinically confirmed for enhancing skincare.
Polaris Market Research has segmented the probiotic cosmetic products market report on the basis of product, distribution channel and region:
Probiotic Cosmetic Products, Product Outlook (Revenue - USD Million, 2016 - 2028)
Probiotic Cosmetic Products, Distribution Channel Outlook (Revenue - USD Million, 2016 - 2028)
Probiotic Cosmetic Products, Regional Outlook (Revenue - USD Million, 2016 - 2028)