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Skin Microbiome Market - Know the Untapped Revenue Growth Opportunities
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Skin Microbiome Market Trends, Industry Competition Analysis, Revenue and Forecast to 2030."
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According to the most recent research by InsightAce Analytic, the size of the global skin microbiome market is projected to reach $70.8 million by 2028, expanding at a CAGR of 11% during the forecast period.
The human skin microbiome consists of a concentration of microorganisms commonly found on the skin and protects it from infection. Microbiome-based hygiene products, such as probiotics and prebiotics, can improve the skin's appearance and function.
In the coming years, factors such as technological advancements in the pharmaceutical and cosmetic industries, the high prevalence of skin diseases such as eczema, psoriasis, and acne, the rising demand for organic skin care products, the increasing preference for personal care, the rising R&D initiatives to develop microbiome-based skincare products, and the growing elderly population are anticipated to drive market growth. During the forecast period, the market is expected to be caused by an increase in demand for organic products over chemical products due to a rise in population awareness regarding personal care and the prevalence of skin problems associated with cosmetic products.
However, the high price of skin microbiome products and the need for knowledge regarding microbe-derived products are expected to impede market growth over the forecast period.
Geographically, North America dominated this market in 2020 and is anticipated to continue to do so in the coming years, followed by Europe due to its increasing healthcare expenditures and well-established healthcare infrastructure. Asia-Pacific is expected to be the fastest-growing region of this market over the next few years due to the high prevalence of skin problems and the growing awareness of personal care.
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Major market players operating in the skin microbiome market include Aurelia Skincare Ltd. (UK), Gallinée (London), ELSI Beauty, Mother Dirt (US), Esse Probiotic Skincare (South Africa), S-Biomedic (US), Elizabeth Arden (Cointrin), Yun Perobiotherapy (Belgium), TULA Life, Inc. (US), The Beauty Chef (Australia), L'Oreal (Lancôme) (France), Clinique (US), La Roche-Posay (US), Tomorrow's Leaf (Tennessee), Bebe&Bella probiotic skincare (US), Ildong Pharmaceutical (First Lab) (South Korea), AmorePacific (Illiyoon) (South Korea), LACTOClear (South Korea), BELANO medical AG (Germany), Interpharma Group (Basel), Glowbiotics (US), Annemarie Boerlind (Wadhurst), BLACK PAINT Microbiome Skincare (Japan), The F.C. Sturtevant Company (US), AOBiome (US), Azitra, Inc. (US), Colgate-Palmolive Company (New York), Evelo Biosciences, Inc. (US), Johnson & Johnson Services, Inc. (US), MATRISYS BIOSCIENCE (US), Quorum Innovations (US), Revlon (US), Siolta Therapeutics (US), The Estée Lauder Companies Inc. (US), Unilever (UK), and Yakult Honsha Co., Ltd (Japan) among others.
Some of the key developments in the market:
• In December 2020, Mother Dirt (US), pioneers of probiotic skincare, launched newly reformulated probiotic system kits featuring the patented AOB, Ammonia Oxidizing Bacteria. AOB is the key ingredient in Mother Dirt's product, AO+ Restorative Mist.
• In November 2018, - In the area of psoriasis, Johnson & Johnson Innovation (US) and Janssen Biotech Inc. (US) extended a research collaboration with Monash University to discover & develop potential new treatments that prevent future occurrences of psoriasis disease.
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Market Segments
Global Skin Microbiome Market, by Product, 2020-2030 (Value US$ Mn)
• Probiotics
• Prebiotics
• Postbiotics
• Others
Global Skin Microbiome Market, by Application, 2020-2030 (Value US$ Mn)
• Atopic Dermatitis
• Psoriasis
• Acne
• Others
Global Skin Microbiome Market, by Region, 2020-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Skin Microbiome Market, by Country, 2020-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Skin Microbiome Market, by Country, 2020-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Skin Microbiome Market, by Country, 2020-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Skin Microbiome Market, by Country, 2020-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Skin Microbiome Market, by Country, 2020-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
To receive a comprehensive analysis of the prospects for the global skin microbiome market
To receive an industry overview and future trends in the skin microbiome market
To analyze the skin microbiome market drivers and challenges
To get information on the skin microbiome market value (US$ Mn) forecast to 2030
Significant investments, mergers & acquisitions in the skin microbiome market industry
For More Information @ https://www.insightaceanalytic.com/report/global-microbiome-in-skincare-market/1048
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InsightAce Analytic Pvt. Ltd.
Tel.: +1 718 593 4405
Email: info@insightaceanalytic.com
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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