Probiotic Cosmetic Products Market

Probiotic Cosmetic Products Market was estimated at USD 252 Million in 2019 and projected to grow at 6.5% CAGR over the forecast period.

Introduction of the Global Probiotic Cosmetic Products Market Report

Probiotics are microorganisms that naturally occur within and on the body. It massively affects skin health and overall appearance. Probiotics are mainly common for usage in the food and supplement, but now it has emerged as a fascinating frontier for skin care. Every person has a different combination of microorganisms, known as the microbiome. Probiotics contain an ever-changing range of these microorganisms living on the surface or within our bodies.

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Increasing adoption of probiotics in the cosmetics industry to reduce acne, eczema, chronic inflammation and rosacea in all skin types, is a chief force stimulating the global probiotic cosmetic products market. Moreover, the growing concern about artificial chemicals in cosmetics and their environmental impact have encouraged manufacturers to introduce products that are probiotic in nature. For example, in January 2020, AIME skincare supplement and wellness brand introduced the probiotic-based skincare–The Simple Skin, which includes product range for skincare routine for all types of skin–The Simple Cleanser, The Simple Serum, and The Simple Cream. Besides, with an increase in geriatric population, the demand for anti-ageing, anti-acne, and anti-pollution products is forecast to increase, driving the market share.

According to the global Probiotic Cosmetic Products Market report, several leading players in the market have adopted strategies like innovations and mergers & acquisitions to improve their competitiveness in the market. For example, in January 2017, L’Oreal acquired AcneFree, CeraVe, and Ambi, from Valeant Pharmaceuticals International. The acquisition improved the skincare division of L’Oréal and increased its revenues gradually.

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Based on the product type, the market is segmented into skin care, hair care, and other product types. The hair care segment is expected to grow at a higher CAGR over the forecast period owing to the growing demand for specialized solutions for hair treatment. Hair cosmetics are not limited to the younger and dynamic population, but also among the older consumers, such as hair growth oils, hair dyes, and serums. The growing concern about the use of harmful cosmetic products and rising awareness about healthy products is growing the demand for hair cosmetics, thus contributing to the growth of the hair care segment in the global probiotic cosmetic products market.

Based on the distribution channel, the market is segmented into specialty stores, supermarkets/hypermarkets, convenience stores, online retail, and other distribution channels. The online retail segment is anticipated to witness a faster CAGR over the forecast period attributed to the increasing adoption of smartphones and internet and growing awareness about the benefits of probiotic cosmetic products are the two major factors  that are likely to surge the growth of the online retail segment in the global probiotic cosmetic products market. On the other hand, the supermarkets/hypermarkets segment is dominating the market during the forecast period. This is mainly due to availability of a wide array of stock in these stores from various brands and with distinguished price sections. These features are contributing to the growth of this segment.

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Based on the region, North America region is projected to grow at a higher CAGR during the forecast period. The growing inclination of the population towards healthier products and an increase in demand for products that have less impact on the environment is significantly growing the market. The increasing awareness about harmful cosmetic products among the consumers is shifting them towards organic and natural products. These factors play a crucial role in driving the growth of the global probiotic cosmetic products market in North America.

Various notable players operating in the market include Esse Skincare, Unilever, Loreal SA, Aurelia Skincare Ltd, Estee Lauder Inc, TULA Life, Inc., Eminence Organic Skin Care, LaFlore Probiotic Skincare, BioMilk Probiotic Skincare, and Columbia SkinCare, among others. 

Key Developments:

• • In 2022, TULA Skincare entered into a partnership with Sephora in the U.S. This collaboration is intended to help TULA skincare expand its product portfolio by the launch of Exclusive Product.
  • In 2020, Estee Lauder Inc announced its partnership with SABIC, one of the leading players in chemical industry, and Albea, a strategic beauty packaging manufacturer. This partnership is aimed to leverage innovative and advanced recycling technology of SABIC to bring an advanced recycled tube package.
  • In 2020, Loreal SA its artificial intelligence (AI)-based LED system that enables users to personalize cosmetic formulations and skincare that match specific skin tones and types. It offers a four-step process to deliver real-time formulations that elevate the degree of personalization.

The global probiotic cosmetic products market has been segmented on the basis of product type, distribution channel, and regions. Based on product type, the market is segmented into skin care, hair care, and other product types. Based on distribution channel, the market is segmented into specialty stores, supermarkets/hypermarkets, convenience stores, online retail, and other distribution channels. Based on region, the global hard disk drive market is segmented into North America, Europe, Asia-Pacific, and roW. 

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Key questions answered in this research report:

• • At what pace is global probiotic cosmetic products market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in probiotic cosmetic products market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global probiotic cosmetic products market?
  • Which product type generated maximum revenues in 2019 and identify the most promising product type during the forecast period?
  • What are the various distribution channels of global probiotic cosmetic products market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Probiotic Cosmetic Products Market by Product Type

• • Skin Care
  • Hair Care
  • Other Product Types

Global Probiotic Cosmetic Products Market by Distribution Channel

• • Specialty Stores
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online Retail
  • Other Distribution Channels

Global Probiotic Cosmetic Products Market by Region

• • North America Probiotic Cosmetic Products Market (Option 1: As a part of the free 25% customization)
    • By Product Type
    • By Distribution Channel
    • US Market All-Up
    • Canada Market All-Up
  • Europe Probiotic Cosmetic Products Market (Option 2: As a part of the free 25% customization)
    • By Product Type
    • By Distribution Channel
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Probiotic Cosmetic Products Market (Option 3: As a part of the free 25% customization)
    • By Product Type
    • By Distribution Channel
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Probiotic Cosmetic Products Market (Option 4: As a part of the free 25% customization)
    • By Product Type
    • By Distribution Channel
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating the Probiotic Cosmetic Products (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Esse Skincare
  • Unilever
  • Loreal SA
  • Aurelia Skincare Ltd
  • Estee Lauder Inc
  • TULA Life, Inc.
  • Eminence Organic Skin Care
  • LaFlore Probiotic Skincare
  • BioMilk Probiotic Skincare
  • Columbia SkinCare