Probiotic Cosmetics Market Size, Share Forecast 2027
Probiotic Cosmetic Products Market The Probiotic Cosmetic Products Market was estimated at USD 252 million in 2019 and is predicted to grow at a robust CAGR of 6.5% during the forecast period (2020-2027). The factors driving the growth of Cosmetic Products Market includes increasing concerns about skin problems such as acne, rosacea flares and psoriasis, growing demand for multi-functional beauty products and rising consciousness about the harmful effects of chemicals and synthetic products. As per the report published by National Center for Biotechnology Information (NCBI), around 81-95% of young men and 79-82% of young women are experiencing acne related skin problem, which is expected to boost the demand for probiotic skin care products in the approaching years. Moreover, the increasing investments and mergers & acquisition by the leading players to expand their footprint in the skincare division and rising sales of probiotic cosmetic products through e-commerce platforms,...