Probiotic Cosmetics Market Research Report—Global Forecast till 2028

Global Probiotic Cosmetics Market Research Report: Information by Product Type (Skin Care and Hair Care) Distribution Channel (Store-Based and Non-Store Based), and by Region—Forecast till 2028

ID: MRFR/CR/9073-HCR | April 2021 | Region: Global | 90 pages

Market Scenario


The global probiotic cosmetics market size is projected to reach approximately 442.5million by 2028, at a CAGR of 6.8% from 2021 to 2028. Probiotic cosmetics are beauty products that help optimize the healing benefits of the good microorganisms present in our skin. An increase in awareness regarding micro biome cosmetics products has fueled the growth of the global probiotic cosmetics market. The growing popularity of skin treatments and wellness programs is further expected to boost the sales of the global probiotic cosmetics market. The increasing need to treat acne and reverse the effect of aging and maintain the equilibrium, and the surging demand for natural ingredients in probiotic cosmetics, are increasing the sales of probiotic cosmetics. Investment by manufacturers by the key players in probiotic cosmetics drives the growth of the global probiotic cosmetics market. For instance, in January 2018, Unilever invested in micro biome brand—Gallinee, by acquiring a minority stake.


The outbreak of COVID-19 has resulted in the lockdown across regions, border restrictions, and breakdown of transportation networks. The COVID-19 outbreak has affected every sector of the economy. However, the pandemic has resulted in a surge in demand for probiotic cosmetics around the world.


Market Synopsis


The global probiotic cosmetics market has witnessed substantial growth in recent years. The pandemic has created lucrative opportunities for probiotic cosmetics manufacturers across the globe. Probiotic cosmetics offer various benefits. Probiotics skincare cosmetics improve the hydration level of the skin and helps to clarify the skin by preventing breakouts. Furthermore, the rise in sales of probiotic cosmetics through supermarkets & hypermarkets is further expected to amplify the growth of the global probiotic cosmetics market during the forecast period.


Market USP


Consumer preference toward organic ingredients cosmetics such asprobiotic cosmetics


Market Drivers



  • Increase in awareness regarding micro biome cosmetic products: Increase in awareness regarding organic cosmetic products among the consumers have given rise in preference of microbiome cosmetic products.

  • Growing popularity of skin treatments and wellness programs

  • Effective marketing strategies

  • Advent of eCommerce platforms


Market Restraints



  • Regulatory Constraints

  • Increase in Pricing of Raw Materials


Segmentation


By Product Type



  • Skin Care:Thesegment accounted for the largest market share of the global probiotic cosmetics market and is projected to remain dominant during the forecast period. Growing awareness regarding probiotic cosmetics products, which have minimum side effects, drives the segment growth.

  • Hair Care:The hair care segment isexpected to be the fastest-growing segment during the forecast period.


By Distribution Channel



  • Store-Based: The majority of probiotic cosmeticsaresold through store-based retailers. This segment has been further divided into supermarkets & hypermarkets, convenience stores, andspecialty stores. The supermarkets & hypermarkets segment dominated the market in 2020 and is anticipated to dominateduring the forecast period.

  • Non-Store-Based:


By Region



  • North America: North America is expected to register the largest market value in the global probiotic cosmetics market. Growing awareness regarding the health benefits of probiotic cosmetics among Americans is expected to fuel the North American probiotic cosmetics market.

  • Europe: Europe accounted for thesecond-largest market share of the global probiotic cosmetics market in 2020. The key country-level markets include the UK, Germany, France, and Spain. Focus on anti-aging products among the elderly population in Europe further supports the growth of the European probiotic cosmetics market.

  • Asia-Pacific:

  • Rest of the World


Key Players



  • Estee Lauder Companies, Inc.(US)

  • Aurelia Skincare Ltd. (UK)

  • L’oreal S.A. (Paris)

  • Tula Life, Inc.(US)

  • Eminence Organic Skincare. (Canada)

  • Unilever plc. (London)

  • LaFlore Probiotic Skincare. (US)

  • Glowbiotics, Inc (US)

  • The Clorox Co.(US)

  • Esse Skincare. (US)