Pune, India, April 2021, MRFR Press Release/Market Research Future has published a Half- Cooked Research Report on the Global Probiotic Cosmetics Market.
The global probiotic cosmetics market size is projected to be valued at USD 442.5million by 2028, registering a CAGR of 6.8% between 2021 and 2028. Probiotics are micro organisms that occur naturally within the body, significantly impacting skin health and overall appearance. North America and Europe are witnessing the growing demand for probiotic cosmetics. The probiotic cosmetics market has registered tremendous growth in the past few years, and the same trend is expected to continue during the forecast period. The key players in the market have been responsive to shifting consumer preferences and are focused on strategic acquisitions, product launches, and partnerships. In December 2020,L'orealS.A agreed to acquire Japanese skincare company Takami Co. Investment in the market is projected to significantly impact the probiotic cosmetics market size during the forecast period
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Consumer preference toward organic cosmetics
Growth Opportunities in the Market
Increase in demand forskincare probiotics cosmetic products:An increase in demand for skincare probiotic cosmetics due to their various health benefits has given rise to the market's growth.
Non-Store-Based Distribution Channels Gaining Popularity Across the Globe: The non-store-based segment is projected to register ahigher growth rate during the forecast period. Manufacturers of probiotic cosmetics are inclined toward non-store-based distribution channels for the sale of their products. Companies are opting for online distribution platforms as they extend their consumer reach.