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Probiotic Skin Care Products Market Forecast To 2031 | L'Oréal Paris, GLOWBIOTICS, Unilever, Beiersdorf AG
Probiotic Skin Care Products Market
As per DataM Intelligence Experts Research Report Global Probiotic Skin Care Products Market reached US$ 330.1 million in 2023 and is expected to reach US$ 607.3 million by 2031, growing with a CAGR of 9.1% during the forecast period 2024-2031.
Probiotic-Skin-Care-Products Market report, published by DataM Intelligence has released its latest in-depth analysis on the global Probiotic-Skin-Care-Products Market, delivering a detailed overview of regional growth patterns, market segmentation, CAGR, and financial performance among leading industry players. The report offers readers a clear snapshot of the current market value and volume, alongside an exploration of emerging opportunities and ongoing developments. By shining a spotlight on key market drivers and highlighting the evolving industry landscape, the report equips businesses and stakeholders with strategic insights to identify new growth avenues and navigate future market dynamics confidently.
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Probiotic Skin Care Products are topical formulations that contain live beneficial bacteria or bacterial lysates designed to support the skin's natural microbiome. These products aim to improve skin health by balancing good and bad bacteria, reducing inflammation, strengthening the skin barrier, and addressing conditions like acne, eczema, and dryness.
Key Players:
L'Oréal
Estée Lauder Companies
Unilever
Beiersdorf AG
Johnson & Johnson
Procter & Gamble
Amway
Shiseido Company
Avon Products Inc.
AmorePacific Corporation
LG Household & Health Care
The Clorox Company
Key Development:
On December 5, 2023, French beauty giant L'Oréal finalized the acquisition of Lactobio, a Copenhagen-based leader in probiotic and microbiome research. Though the deal amount remains undisclosed, this strategic acquisition is set to significantly enhance L'Oréal's microbiome innovation-a field the company has been actively exploring for over 20 years.
On July 31, 2023, Tula Skincare, well-known for its probiotic-rich formulations, expanded its portfolio with the launch of the Radiant Skin Brightening Serum Concealer. This new addition marks Tula's entry into complexion-perfecting makeup, designed to deliver the brand's trademark glow while blending skincare with cosmetic benefits.
Growth Forecast Projected:
The Global Probiotic-Skin-Care-Products Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Probiotic-Skin-Care-Products Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
By Product Type: Cleansers, Moisturizers, Serums, Masks, Others
By Ingredient Type: Lactobacillus, Bifidobacterium, Others
By Form: Cream, Liquid, Powder, Others
By Distribution Channel: Supermarkets & Hypermarkets, Specialty Stores, Drugstores & Pharmacies, Online Retail, Others
By End-User: Women, Men, Unisex
Regional Analysis for Probiotic-Skin-Care-Products Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Probiotic-Skin-Care-Products producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Probiotic-Skin-Care-Products revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ
What is the current size of the Probiotic-Skin-Care-Products Market?
A: In 2023, the Probiotic-Skin-Care-Products Market was valued at USD $ 330.1 million, reflecting its strong industry presence.
Q2: How large is the Probiotic-Skin-Care-Products Market expected to be by 2031?
A: By 2031, industry forecasts suggest the Probiotic-Skin-Care-Products Market will grow to around USD$ 607.3 million, demonstrating significant expansion.
Q3: What is the growth rate of the Probiotic-Skin-Care-Products Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 9.1% during the forecast period from 2024 to 2031.
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