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Global Skin Microbiome Market Trends, Industry Competition Analysis, Revenue and Forecast to 2030
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According to the latest research by InsightAce Analytic, the global skin microbiome market size is anticipated to achieve US$ 70.8 million by 2028, growing at a CAGR of 11% over the forecast period.
The human skin microbiome includes a cluster of microorganisms commonly present on the skin, which helps protect the skin from infection. Microbiome-based skincare products such as probiotics & prebiotics products can enhance the beauty and function of the skin.
Factors such as the technological advancements in pharmaceutical & cosmetic industries, high prevalence of skin diseases such as eczema, psoriasis & acne, growing demand for organic skin care products, increasing preference toward personal care, rising R&D initiatives to develop microbiome-based skincare products, and growing elderly population are projected to fuel the market growth in the coming years. Increasing awareness among the population about personal care & rising skin problems associated with cosmetic products has increased the demand for organic products over chemical products, likely to compel the market during the forecast period.
However, the high cost of skin microbiome products and limited knowledge of microbe-derived products are expected to hamper the market augmentation over the forecast period.
Geographically, North America dominated this market in 2020 and is expected to dominate over the forecast years, followed by Europe due to the growing healthcare expenditure and well-established healthcare infrastructure. Asia-Pacific is estimated to be the fastest-growing region of this market in the next few years owing to the high prevalence of skin problems and increasing awareness among people about 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 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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