Global Probiotic Cosmetic Products Market

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Global Probiotic Cosmetic Products Market

Global Probiotic Cosmetic Products Market size was valued at US$ 252.5 Mn in 2019 and the total revenue is expected to grow at 6.4% through 2020 to 2026, reaching nearly US$ XX Mn.

The global Probiotic Cosmetic Products market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Probiotic Cosmetic Products report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Probiotic Cosmetic Products Market Overview:

Increasing product applications in various skincare products, which useful against various skin problems, including breakouts, eczema, rosacea flares, acne, damaged skin, wrinkle, psoriasis, and blemishes are a major factor driving the global probiotic cosmetic products market size.
Global Probiotic Cosmetic Products Market Dynamics:

Growing consumption of probiotics as a dietary supplement, probiotics witness significant demand in the cosmetic sector, thereby driving the global probiotic cosmetic products market growth. These cosmetic products are helpful and suitable for all skin types and are used to reduce skin problems including chronic inflammation, eczema, rosacea, and acne. High investment in small-size skin care industries is also contributing to the market growth.

Furthermore, growing popularity for young-looking and glowing skin and hair further boosts the product demand. This popularity is attributed to the products that can nourish skin and hair. These aforementioned factors are expected to drive the global probiotic cosmetic products market demand during the forecast period 2020-2026.

The probiotic cosmetic products market is impacted by the coronavirus pandemic. Government implementations include store closures, stay-home policy, and the lockdown has resulted in decreasing sales of skincare products over the globe. High product prices are a major factor expected to restrain the market growth during the forecast period.
Global Probiotic Cosmetic Products Market Segment Analysis:

By Product, the probiotic cosmetic products market is segmented into skin, hair care. The skincare segment is accounted for the largest market share of around 90% in terms of revenue in 2019. Probiotics are utilized as a relief ingredient against skin problems, like acne, blemishes, wrinkles, etc. Rising preference towards clinically tested products and the efficacy of probiotics cosmetics adds to the segment growth.

Additionally, increasing demand for products that have no side effects is expected to propel product demand in the segment. Manufacturers are expanding their product portfolio and bringing probiotics to the main counter shelves. For example, in November 2019, a new startup focusing on skin microbiome launched its first beauty and cosmetics range, Supermello Hydrating Gel-Cream Moisturizer, Pimple Potion Retinal + Salicylic Acne Treatment, Naked Papaya Gentle Enzyme Face Cleanser, and the turmeric-spiked Self Reflect Probiotic Moisturizing Sunscreen.

Global Probiotic Cosmetic Products Market

Global Probiotic Cosmetic Products Market

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By Distribution Channel, the market is segmented into hypermarket & supermarket, E-commerce. The hypermarket & supermarket segment led the market and accounted for around 39% in terms of revenue in 2019 thanks to the presence of big retailers, like Sephora and Ulta Beauty.

Global Probiotic Cosmetic Products Market 1
Global Probiotic Cosmetic Products Market Regional Insights:

North America is dominating the Global Probiotic Cosmetic Products Market

North America accounted for 34% share of probiotic cosmetic products in terms of revenue in 2019. Rising concerns regarding skin diseases are driving the market demand in the region. Manufacturers are focusing on product innovation to secure a foothold in the industry.
Asia Pacific is expected to be the second-dominating region of the global probiotic cosmetic products market.

Growing awareness towards healthy skin routines, product innovations, and the need for a solution to skin problems, are expected to propel the market in the region during the forecast period. Local and regional brands are escalating their product portfolio and launching new products, this, in turn, contributing to the market growth in the Asia Pacific.

For example, in December 2019, Lotus Herbals launched a new brand called PROBATE along with a premium skincare range, includes products like Illuminating Radiance Night Crème, Illuminating Radiance Sleeping Mask, Illuminating Radiance Crème, Illuminating Radiance Serum + Crème, Illuminating Radiance Exfoliator, and Illuminating Radiance Cleansing Foam.

Global Probiotic Cosmetic Products Market 2

The objective of the report is to present a comprehensive analysis of the Global Probiotic Cosmetic Products market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

Porter, svor, pestel analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Probiotic Cosmetic Products market dynamics, structure by analyzing the market segments and project the Global Probiotic Cosmetic Products market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Probiotic Cosmetic Products market make the report investor’s guide.

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Global Probiotic Cosmetic Products Market Scope: Inquire before buying

Global Probiotic Cosmetic Products Market 3
Global Probiotic Cosmetic Products Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Global Probiotic Cosmetic Products Market Key Players

• Aurelia Skincare Ltd.
• Esse Skincare
• Gallinee Ltd.
• GLOWBIOTICS Inc.
• Johnson & Johnson
• LOreal SA
• The Clorox Co.
• The Estee Lauder Companies Inc.
• The Procter & Gamble Co.
• Tula Life, Inc.
• Eminence Organic Skincare
• Glowbiotics, Inc.
• LaFlore Probiotic Skincare
• Unilever Group
• Others

 

This Report Is Submitted By : Maximize Market Research Company

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