Pune India, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Probiotics Food & Cosmetics Market Size By Product (Hair Care and Skin Care), By Ingredients (Yeast, Microbes, and Bacteria), By Distribution Channel (E-Commerce, Pharmacy & Drug Stores, Supermarket & Hypermarkets, and Others), Regions, Segmentation, and forecast till 2030.
The market has been studied for the below mentioned-segmentation and regional analysis for North America, Europe, Asia, South America, and the Middle East and Africa. These are the key regions where the probiotics food & cosmetics market is operating and is predicted to expand soon. The manufacturers and suppliers involved in the probiotics food & cosmetics market are present across various countries in the above-mentioned regions.
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The report provides a detailed understanding of the market segments which have been formed by combining different prospects such as the product, ingredients, distribution channel, and region. Apart from this, the key driving factors, restraints, potential growth opportunities, and market challenges are also discussed in the below paragraphs.
The significant players operating in the global Probiotics Food & Cosmetics Market are Aurelia Skincare Ltd. (Health and Happiness (H&H) Hong Kong Limited), Esse Skincare, The Clorox Company, Eminence Organic Skin Care, LaFlore Probiotic Skincare, Gallinee Ltd., Glowbiotics Inc., L’oreal S.A., The Body Deli, The Estée Lauder Companies Inc. and Tula Life Inc. among other. To achieve a substantial market share in the worldwide probiotics food & cosmetics market and strengthen their position, manufacturers are pursuing expansion methods such as current developments, mergers and acquisitions, product innovations, collaborations, and partnerships, joint ventures.
Probiotics are in high demand in the cosmetics area due to its expanding acceptability as a nutritional supplement, which is driving market expansion. Probiotic cosmetic products can help reduce acne, rosacea, eczema, and chronic inflammation in all skin types. Growing knowledge of probiotics as a therapeutic ingredient, as well as concerns about skin disorders such as acne, damaged skin, breakouts, eczema, rosacea flares, and psoriasis, is driving market expansion. Furthermore, as customers become more mindful of their physical appearance and skincare routine, they are prepared to spend a premium for product ingredients that have been proven to function for skin nourishment. In response to these changes, several cosmetics businesses are launching a variety of probiotic-based products. For example, AIME skincare supplement and wellness business debuted its first probiotic-based skincare, The Simple Skin, in January 2020. The Simple Cleanser, The Simple Serum, and The Simple Cream are part of a probiotic skincare program for all skin types. Many brands have recognized the existence of white space in their product offering and have addressed it through fresh product creation or strategic acquisition.
Scope of Probiotics Food & Cosmetics Market Report
| Report Metric | Information |
| Study Period | 2022-2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Market Share Unit | USD Billion |
| Segments Covered | Product, Ingredients, Distribution Channel, and Regions |
| Regions Covered | North America, Europe, Asia-Pacific, South America, and Middle-East and Africa |
| Major Players | Aurelia Skincare Ltd. (Health and Happiness (H&H) Hong Kong Limited), Esse Skincare, The Clorox Company, Eminence Organic Skin Care, LaFlore Probiotic Skincare, Gallinee Ltd., Glowbiotics Inc., L’oreal S.A., The Body Deli, The Estée Lauder Companies Inc. and Tula Life Inc. among other |
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Segmentation Analysis
The hair care segment is expected to be the fastest-growing segment in 2022.
The product segment is hair care and skin care. The hair care segment is expected to witness the highest growth rate during the forecast period. Concerns about hair quality, rough scalp, and hair loss are increasing in tandem with segment expansion. To remedy such concerns, customers have used hair dyes, hair serums, and a variety of other products. Product introductions in this arena have been a significant contributor to segment growth. Tela Beauty Organics by Philip Pelusi, for example, introduced Probiotic scalp scrub in June 2019, as part of the Life Force Probiotic Haircare Collection. This scrub is used as a pre-shampoo treatment and has a probiotic blending system.
The microbes segment is expected to be the fastest-growing segment in 2022.
The ingredients segment is yeast, microbes, and bacteria. The microbes segment is expected to witness the highest growth rate during the forecast period. Lactobacilli, Bifidobacteria, and Streptococcus thermophilus are some of the most common microbe strains consumed (Enterococcus, Bacillus, and Pediococcus). The fundamental advantage of integrating deductively determined bacterial strains in probiotic food types is the restoration of equilibrium in the host's digestive microbiota, followed by the development of the resistance framework. Other benefits include enhancing women's health, adjusting the pH of the digestive tract, lowering cholesterol, avoiding diseases, healing tooth decay, and boosting women's health.
The supermarket & hypermarkets segment is expected to be the fastest-growing segment in 2022.
The distribution channel segment is e-commerce, pharmacy & drug Stores, supermarket & hypermarkets, and others. The supermarket & hypermarkets segment is expected to witness the highest growth rate during the forecast period. Over the forecast period, the portion is expected to grow more rapidly. Customers who purchase probiotics through these retail channels are likely to be more specific in their methods due to the availability of a wider range of probiotic goods.
Regional Analysis
The regional analysis provides a detailed perception of the key regions and the countries. Some of the key countries analyzed for the probiotics food & cosmetics include the US, Canada, Mexico, Germany, France, the U.K., Italy, Spain, Russia, China, Japan, India, Brazil, Peru, UAE, South Africa, and Saudi Arabia.
- The North America region witnessed a major share. The key reasons driving market expansion in North America include an increase in the percentage of the population oriented toward healthy lifestyles, as well as an increase in demand for environmentally friendly products. Furthermore, the rising usage of probiotic items, including cosmetics, is likely to contribute to market growth in the coming years, particularly among millennials. Furthermore, one of the factors driving market expansion is public awareness of the harmful effects of chemicals and synthetic products. In North America, the United States controls the market for probiotic cosmetic products.
Country Analysis
- Germany
Germany's probiotics food & cosmetics market size was valued at USD 0.75 billion in 2022 and is expected to reach USD 1.19 billion by 2030, at a CAGR of 6% from 2023 to 2030. The consumption of probiotic cosmetics in the region is being pushed by increased concerns about acne and other skin diseases. Prospective firms have prioritized product innovation in order to establish a market presence.
- China
China’s probiotics food & cosmetics market size was valued at USD 0.78 billion in 2022 and is expected to reach USD 1.26 billion by 2030, at a CAGR of 6.2% from 2023 to 2030. Because of the severe procedures implemented by global players, the region is seeing significant growth in shopper awareness. Countries with a strong interest, such as China, are contributing to the overall development. The growing population increased discretionary cash flow, and work on the way of life are all expected to boost the provincial market growth.
- India
India's probiotics food & cosmetics market size was valued at USD 0.60 billion in 2022 and is expected to reach USD 0.96 billion by 2030, at a CAGR of 6.1% from 2023 to 2030. Probiotics are rapidly becoming vital components in a wide range of health and wellness applications. Because of the availability of bacterially aged milk products in the areas, knowledge of the benefits of "good microbes" has always been high in India's business sectors. When diseases such as obesity, hypertension, and osteoporosis grow, customers will often maintain a healthy diet by increasing their use of long-term food sources, refreshments, and dietary modifications.
Covid-19 Impact
Covid-19 had a major impact on almost all industries, such as electronics, semiconductors, manufacturing, automobile, etc. However, several companies operating in the technology sector have seen increased revenue due to significant changes in consumer preferences toward technological services. In addition, the pandemic has led to significant growth in technology across developing and developed countries.
Furthermore, the growth of the probiotics food & cosmetics market is mainly driven by rising awareness.
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