PROBIOTICS FOOD AND COSMETICS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Probiotics Food And Cosmetics Market, By Product Type (Probiotics food & beverages, Dietary Supplements, Cosmetics), By Ingredients (Bacteria, Yeast, Others), By Distribution Channel (Hypermarkets/ Supermarkets, Pharmacies/ Drugstores, Specialty stores, Online, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Apr 2024
Code : CMI6863
Pages :140
Formats :
Excel and PDF
Industry : Food and Beverages

Market Concentration and Competitive Landscape

Probiotics Food And Cosmetics Market Concentration By Players

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Sustainability Focus

With the looming threat of climate change, companies are under pressure to adopt more sustainable solutions. This focus on sustainability and clean beauty has also extended to the cosmetics industry. There is a growing consumer demand for 'natural' and planet-friendly personal care products made with minimal environmental footprint. Probiotic strains are cultivated from natural sources without involving harsh chemicals, and are completely biodegradable. Incorporating beneficial live microorganisms in cosmetic formulations provides an opportunity for brands to market their products as ‘eco-friendly’ and appeal to the growing segment of conscious consumers. Several startups are leveraging probiotic fermentation technology to create novel cosmetic ingredients from food waste, in a bid to position themselves as sustainable brands. This emphasis on sustainability, coupled with modern consumers’ emphasis on wellness, is expected to further spur innovations in the probiotics-enabled food and cosmetic categories.

Key Players Insights