Probiotic Cosmetics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2032)

Market Overview:
The Probiotic Cosmetics Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021.

Due to increased public awareness of the beneficial or friendly bacteria in food, probiotics are now widely available in the market for healthy foods. The beauty and cosmetics industry have adopted this trend as businesses and customers are acknowledging the benefits of using such substances in skincare products for balancing the biome. The flora that lives on the surface of the skin is crucial for cutaneous immunity development and communication, as well as for maintaining healthy skin.

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Market Dynamics:
Driver:
The use of antibacterial soaps and cleansers for washing hands and other body parts has significantly increased. The excessive use of these items can harm the skin's natural ecosystem by robbing it of its beneficial bacteria. The skin may become dry as a result, which may lead to outbreaks. Additionally, frequent use can increase sensitivity to non-harmful factors. In addition, the fourth most common reason for human illness is skin conditions. The use of probiotic cosmetics has been encouraged by the rising number of people with skin conditions. This rise in the number and the beneficial effects of probiotics on this skincare condition has stimulated the demand for probiotic cosmetics, supporting the growth of the market in the forecast period.

Opportunities:
Eczema of the atopic variety, which is extremely prevalent in infants and young children, is regarded to be an indication of an immune system that isn't functioning properly. The disease can have an impact on up to one-fifth of all neonates, according to the American Academy of Dermatologists. When children get older, eczema typically goes away on its own, but it can linger into adulthood. In addition to being unsightly, large areas of itchy, inflamed skin and bleeding scabs can have a very negative psychological and physical impact on a child's quality of life.

Market Segmentation
By product, the skincare segment is anticipated to have the highest share of the probiotic cosmetics market in the projected timeframe. Probiotics can help against isolated incidents of redness, bumps, and inflammation. Facial appearance plays an important role during human interaction, including social activities. People having skin disorders lose their self-confidence and are more prone to depression. Rosacea, acne, and other facial skin diseases may affect the mental health of many individuals. Probiotics are beneficial in treating these diseases thus, surging the demand for probiotics in cosmetic products.
• Skin Care
• Hair Care

By organism, the bacteria segment is predicted to lead the probiotic cosmetics market. Probiotics are good bacteria that help in warding off the bad or harmful bacteria present on the skin that can cause skin-related problems. The skin microbiome mostly consists of bacteria, thus most of the market players are integrating bacteria in their cosmetic products. Bacteria are obtained via the fermentation process and under specific conditions. Good bacteria obtained are incorporated in probiotic cosmetic products thus, supporting the growth of this segment.
• Bacteria
• Yeast

By distribution channel, the offline segment is forecasted to dominate the probiotic cosmetics market. Offline distribution channel consists of supermarkets, hypermarkets, convenience stores, malls, and specialty stores. Despite the convenience of online buying, cosmetic customers still place a high value on trying products out in person. Sephora introduced the try-before-you-buy concept in the beauty industry decades ago, and buyers are still willing to travel to a store to get the exact hue match. Offline buying of probiotic cosmetic products ensures the credibility of the ingredients utilized in the product thus, offline sales are expected to dominate the forecast period.
• Online
• Offline

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Players Covered in Probiotic Cosmetics market are:
• Esse Skincare (US)
• Glowbiotics Inc. (US)
• Unilever PLC (London)
• Tula Life Inc. (US)
• Aurelia Skincare Ltd. (UK)
• The Clorox Co. (US)
• LaFlore Probiotic Skincare (US)
• Eminence Organic Skincare (Canada)
• Estee Lauder Companies Inc. (US)
• L'Oreal S.A. (Paris) and other major players.

Regional Analysis of Probiotic Cosmetics Market:
The North American region is anticipated to have the highest share of probiotic cosmetic products attributed to the growing prevalence of chronic skin diseases. This region has the most technologically advanced countries and the companies in this region are continuously engaged in R&D. For instance, Estee Lauder launched a new product Futurist Hydra Rescue Moisturizing Makeup SPF45 in April 2020, enriched with Ion Charged Water, probiotic technology, and chia-seed extract to help with skin hydration and natural radiance. Moreover, more than 8 million in the USA have psoriasis, a medical condition that causes red, itchy scaly patches, most commonly on the knees, elbows, trunk, and scalp. Dermatologists and medical institutions have reported the benefits of probiotic cosmetics on psoriasis treatment thus, driving the growth of the probiotic cosmetics market in the forecast period.

The European region is predicted to have the second-highest share of the probiotic cosmetic market over the projected timeframe. Skin-related disorders are more common among millennials, and teens in this region. According to EADV's latest report (October 2021), almost half (47.9%) of the European general population above 18 years old reported at least one dermatological condition in the past 12 months. Fungal skin infection is the most prevalent skin disorder among those surveyed, affecting about 1 in 10 people (9.07 %). Atopic dermatitis (eczema) (5.34 %), alopecia (5.22 %), and acne (5.22 %) were the other most common conditions, each affecting more than 1 in 20 people (5.49 %). Probiotic cosmetics can help in reducing the complications associated with skin disorders as well prevent these diseases during onset thus, strengthening the expansion of the market over the forecasted timeframe.

The probiotic cosmetic market in the Asia-Pacific region is anticipated to develop with the highest CAGR over the analysis period. Individuals in this region are more concerned about their skin health and mostly prefer natural cosmetic products. Probiotic cosmetic products are gaining popularity in this region attributed of their beneficial effects on several skin diseases. Eczema (atopic dermatitis) and allergies are on the rise in both the developed and developing regions, due to a variety of factors ranging from genetics to changing diets, hygiene habits, and environmental factors. According to a report, Australia has the highest number of probiotic cosmetic products. The growing adoption rate of probiotic cosmetic products in this region is strengthening the development of the market in this region.
• North America
o US
o Canada
o Mexico

• Eastern Europe
o Bulgaria
o The Czech Republic
o Hungary
o Poland
o Romania
o Rest of Eastern Europe

• Western Europe
o Germany
o UK
o France
o Netherlands
o Italy
o Russia
o Spain
o Rest of Western Europe

• Asia Pacific
o China
o India
o Japan
o South Korea
o Malaysia
o Thailand
o Vietnam
o The Philippines
o Australia
o New Zealand
o Rest of APAC

• Middle East & Africa
o Turkey
o Bahrain
o Kuwait
o Saudi Arabia
o Qatar
o UAE
o Israel
o South Africa

• South America
o Brazil
o Argentina
o Rest of SA

Recent Industry Developments in Probiotic Cosmetics Market:
1. In September 2021, Lac2Biome, an Italian microbiome health firm, has introduced InfiniteSkin Microbiome Serum, a white label skincare blend including live probiotics and hyaluronic acids, derived from a clinically studied blend of hyaluronic acids and patented live probiotic strain 'm. biomeLiveSkin88'.

2. In August 2021, Unconditional Skincare Co., a new brand from New Zealand biotech firm Blis Technology, utilize a probiotic strain that is naturally found in the skin and uses a 'skin-specific' probiotic strain. BLIS Q24, a patented micrococcus luteus strain with the brand as the main active component, was recently launched by the company.

The Probiotic Cosmetics Market Key questions:
◆ What is the scope of this report?
◆ Does this report estimate the current market size?
◆ Which segments are covered in this report?
◆ What are the key factors covered in this report?
◆ Does this report offer customization?

Furthermore, this report examines the crucial factors that are driving the growth of the market, as well as the opportunities, challenges, and risks faced by both key manufacturers and the market as a whole. It also assesses significant emerging trends and their potential impact on future market development.

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