Global DNA based skin care products market

DNA-based Skin Care Products Market Size, Share, Growth Analysis, By Products(Serum, cream, other), By Distribution Channel(Offline, Online), By Region(Asia Pacific, Europe, North America, Latin America), By Region - Industry Forecast 2024-2031


Report ID: SQMIG30L2013 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 91 | Figures: 76

DNA-based Skin Care Products Market Insights

DNA-based Skin Care Products Market size was valued at USD 6.02 billion in 2022 and is poised to grow from USD 6.41 billion in 2023 to USD 9.61 billion by 2031, growing at a CAGR of 6.33% in the forecast period (2024-2031).

Personalizing the skincare routine using DNA mapping is helpful. Identification of hereditary skin issues is aided. Professionals recommended cosmetic items that assure effective compatibility with their genes following genetic testing. These tests are first carried out in a wellness centre, but for the convenience of the patient, they can also be performed at home. Numerous skin benefits of DNA-based skincare include the production of collagen, the reduction of inflammation, and an increase in the body's antioxidant capacity. Genetic testing is an appropriate alternative to traditional skincare practises because it is quick, convenient, and accurate. Due to rising consumer expenditure on cosmetics, the personal care sector is anticipated to have significant growth.

Demand for DNA-based skincare products is anticipated to rise as skin concerns become more widely known. Additionally, both small and large firms are contributing significantly to market growth with their promotional efforts and commercials. Over the projected period, the demand for the worldwide DNA-based skincare products market is anticipated to be driven by the rising trend of beauty products and consumer spending power on skin & personal care products.

US DNA-based Skin Care Products Market is poised to grow at a sustainable CAGR for the next forecast year.

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DNA-based Skin Care Products Market size was valued at USD 6.02 billion in 2022 and is poised to grow from USD 6.41 billion in 2023 to USD 9.61 billion by 2031, growing at a CAGR of 6.33% in the forecast period (2024-2031).

The Global DNA based skin care products market is highly fragmented with the presence of several small and large market players operating all over the world. 'L'Oreal SA', 'Procter & Gamble Co.', 'Unilever PLC', 'Estee Lauder Companies Inc.', 'Johnson & Johnson', 'Shiseido Co., Ltd.', 'Beiersdorf AG', 'The Clorox Company', 'The Honest Company', 'Nu Skin Enterprises Inc.', 'Olay', 'Dermalogica', 'SkinCeuticals', 'Obagi Medical Products, Inc.', 'Rodan + Fields, LLC', 'EpigenCare Inc.', 'Kojic Acid Skincare LLC', 'Arbonne International, LLC', 'Mary Kay Inc.', 'Plexaderm Skincare'

In the future years, the market for DNA-based skin care is expected to rise at a faster rate due in large part to millennials' desire to delay the ageing process.

Increasing awareness towards about the benefits of natural ingredients over traditional products, including lesser side effects will boost the demand for natural ingredients in the formulation of these products.

Globally, North America accounted for a large share in the global DNA based skin care products market. This trend can be attributed to the popularity of consumer driven, clean ingredient, and sustainable compositions in cosmetic sector in the region.

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Global DNA based skin care products market

Report ID: SQMIG30L2013

$5,300
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