In 2020, the global Probiotic Cosmetic Products Market was valued at USD 268.91 million, and it is predicted to have a compound annual growth rate (CAGR) of 6.5% during the forecast period. Probiotics are live microorganisms that, when consumed in sufficient amounts, provide benefits to the skin, such as balancing the skin microbiota, strengthening the skin barrier, reducing sensitivity, controlling acne and dermatitis, fighting free radicals, and preventing premature aging.
The microbiome movement is becoming increasingly popular as more people understand how to care for their skin’s microbiota. The use of probiotic cosmetics has become one of the most effective methods for taking care of the skin microbiome. Skin microbiota maintenance is crucial nowadays due to the modern lifestyle factors such as hot baths and poor diets that can damage the delicate ecosystem of the skin, resulting in dry and inflamed skin. These factors are aiding the growth of the probiotic cosmetics market.
The Coronavirus pandemic had a significant impact on the probiotic cosmetic products industry. While there was a significant decline in revenue due to shop closures and stay-home policies, skincare routines became more popular as people had more time to indulge in such routines. While there was a decline in makeup usage, consumers made new discoveries regarding skincare and experimented with such products as probiotic cosmetics. The pandemic’s impact on the economy is not favorable for the beauty industry, but its effects are expected to be temporary.
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Esse Skincare, Estee Lauder Companies, Inc., Aurelia Skincare Ltd., L’oreal S.A., Tula Life, Inc., Eminence Organic Skincare, Unilever, LaFlore Probiotic Skincare, Glowbiotics, Inc., The Clorox Co. among others.
Driving Factors and Restraints of Probiotic Cosmetic Products Market:
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