Microbiome Skincare Products Market Size, Share & Trends Analysis Report By Product (Serums, Creams, Masks), By Distribution Channel (E-commerce, Pharmacy & Drug Store), By Region, And Segment Forecasts, 2023 - 2030

Microbiome Skincare Products Market Size, Share & Trends Analysis Report By Product (Serums, Creams, Masks), By Distribution Channel (E-commerce, Pharmacy & Drug Store), By Region, And Segment Forecasts, 2023 - 2030

Microbiome Skincare Products Market Growth & Trends

The global microbiome skincare products market size is expected to reach USD 835.2 million by 2030, registering a CAGR of 10.9% over the forecast period, according to a new report by Grand View Research, Inc. Key factors driving the market growth are the increasing incidence of skin-related diseases, such as acne. According to the American Academy of Dermatology Association, about 50 million people in the U.S. suffer from acne, which is one of the leading factors for disrupting the human skincare microbiome. Microbiome skincare products are an important and effective tool in maintaining healthy skin. Thus, the growing prevalence of skin diseases will propel product demand over the forecast period.

The skincare market has undergone significant changes in recent years, with a growing focus on microbiomes and a trend toward minimalism. Consumers are becoming more engaged and actively seeking out the latest trends, products, and ingredients, creating an opportunity and a responsibility for brands and beauty professionals to educate them appropriately.The focus of skincare has shifted from simply providing a pleasant skin sensation to improving overall skin health. This change is reflected in the growing popularity of microbiome-friendly products that support the skin’s natural defense system and help restore the microbiome to its natural state.

In addition, the trend towards minimalism also reflects a desire for simpler, more natural products that are free of harmful chemicals and unnecessary additives.In the early days of the pandemic, the sale of microbiome skincare products declined due to the lockdown imposed by governments across the globe to curb the spread of the infection. However, companies are witnessing high demand for skin care products post-pandemic due to the opening of the economy and increasing beauty consciousness among the young population. For instance, on Google, searches with the ‘microbiome skincare’ keywords increased by 5,000% in 2021. This shows the increasing interest of the population in such products.

Microbiome Skincare Products Market Report Highlights

• The creams segment accounted for the largest revenue share in 2022 due to the increasing approval and launch of new microbiome-based skincare creams
• The e-commerce distribution channel segment is anticipated to register the fastest CAGR during the forecast period
• This is owing to increasing consumer preference for buying skincare beauty products through online platforms
• North America accounted for the largest share in 2022. The high prevalence of skin diseases and increased demand & adoption of microbiome-based skin products among the general population contributed to the market growth in the region

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